TechChill Fifty Founders Battle commences May 7th 2021 with €10,000 up for Grabs

The Baltic startup and technology event TechChill, is taking place from May 7th to May 21st this year.  It has announced its annual pitch competition Fifty Founders Battle, which is for All seed and early stage startups.  All tech fields are encouraged to take part and compete for recognition of international investors along with the main prize of €10,000.

The application deadline is April 1, which is when 50 of the most promising startups from across the Baltic, Scandinavian and Central European regions will be selected among all participants. Each semi-finalist will then have the opportunity to present their business idea on TechChill’s virtual stage in front of over 200 investors and other attendees. This year the main focus is on FinTech, B2B, AI&ML, Sustainability, Hardware, IoT and Robotics fields, and in addition to the main cash prize of 10 000 EUR, one of the most competitive participants will also receive Httpool’s special prize for Facebook and LinkedIn ad campaigns worth €3000, as well as other valuable prizes.

TechChill 2020

Adjusted to the current day event set up, TechChill 2021 will be held virtually, gathering over 2,000 international investors, including representatives of venture capital companies and accelerators, as well as business angels, eager to get to know the Baltic region and its most promising startups, discover innovative business ideas and evaluate future investment possibilities. Those will include Lightspeed Venture Partners, Accel, EQT Ventures, Future Positive Capital, Expon Capital, Vendep Capital, Change Ventures, Practica Capital, Karma Ventures, Superhero Capital, TMT Investments, Tera Ventures and other investment companies that will evaluate each finalist and its global business potential alongside other dedicated judges.

Fifty Founders Battle winners from previous years have included emerging Baltic success stories such as Infogr.am, TrackDuck, Edurio, Nordigen, Sprayprinter, Anatomy Next, Precision Navigation Systems, as well as last year’s winner, Estonian startup Woola, which produces a sustainable sheep wool bubble wrap. In total there were applicants from 37 countries represented last year.

THE STARTUP BATTLE IS ON! ? We are excited to announce the Fifty Founders Battle with a chance to get 10 000 EUR cash prize and recognition from global investors. Apply here to turn your pitch into the next big success story ? https://t.co/aD5Avmef7f #techchill #techchill2021 pic.twitter.com/efbdahuY0a

— TechChill | #techchill2021 (@TechChill) February 4, 2021

“Fifty Founders Battle was the start of a crazy 2020 for Woola. Winning the competition gave us the recognition that’s needed when starting to fundraise. The cash prize helped us survive while bootstrapping until we ended the year with a 450 000 EUR investment round. We’re especially happy to see Greentech emerge in the battle – looking forward to seeing more climate startups succeed this year. Our experience shows that Fifty Founders Battle is a great platform for any startup on the way to growth and global success,” Woola co-founder Anna-Liisa Palatu comments.

TechChill will take place for the 10th time in May this year gathering over 2,000 attendees, including fastest-growing start-ups, international speakers, most innovative corporations, investors, media representatives and talented tech enthusiasts from all over the world. This time the leading technology event in the Baltics will be held virtually focusing on topics such as sustainability innovations, knowledge for growth, digital transformation, diversity, as well as the role of the Baltics in the future of tech. The two weeks of content will begin with a launch event in Vilnius and end with a grand finale in Riga, building bridges across borders on a brand-new level.