TechChill, one of the biggest tech events in the Baltics, just concluded in Riga, Latvia, awarding promising startups and gathering over 2300 attendees. In an annual event known as the Fifty Founders Battle, Estonian companies shone, winning several important prizes.
Salesforge, a Tallinn-based AI copilot for small and large sales teams, brought home €150,000 of syndicate funding from BADideas.fund and €100K of funding from DEPO Ventures, reports LSM.LV. Founded in 2023 by Dovydas Volodko, Daniel Grek Sanchez Castellanos and Frank Sondors, the company has developed a technology that crafts unique emails in any language by merging buyer and seller data. This allows for scalable email customisation based on business and customer information. In addition, Salesforge offers Mailforge, a product that provides infrastructure support, including domain and mailbox management.
Another Estonian winner of the Fifty Founders Battle was FleetFox, getting €75K in funding from BADideas.fund. The company is all about improving logistics and offers full-stack fleet care service in the Baltics, Berlin and Brussels. This includes on-site offers such as car wash and cleaning, transfers, damage inspection and more. The company also won a Startup Brand Development Kit worth €5K provided by idealers and a Snapchat Excellence Award with €10K of advertising credit.
“TechChill is a platform for the community to come together, and this year we have seen the community effect stronger than ever. On top of attracting Fifty Founders Battle applications from the most countries ever, the community has come together to demonstrate its support for Ukraine, pool skills and resources in the defence tech industry, which is stronger than ever, as well as sharing insights on making the most of the opportunities presented by advancements in AI,” said Annija Mežgaile, CEO of TechChill.
Other big winners of the conference included Silo Team from Sweden, which got a €250K investment opportunity from Look AI Ventures and Latvian SUBmerge Baltic with a €10K community cash prize.
TechChill’s success might not be the last one for Estonian startups. The Latitude59 conference, which will be held in Tallinn in May, will offer a record-breaking Pitch Competition prize fund of €1M powered by Specialist VC and EstBAN. Plus, one of the 5 finalists will get to represent the Baltics at the finals of the 2024 New Nordics Pitch Competition by Silicon Vikings. The top five teams will be announced by May 14, and the final pitches will take place on May 24th. Learn more about Latitude 59 here.
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