Tallinn-based startup Vocal Image App gets first place among over 200 startups in a pitch competition named Fifty Founders Battle organized by TechChill, the largest tech event in Latvia. This victory brought a total of €160K investment to the Estonian startup. The jury welcomed 5 different names at the TechChill stage. These include Terrawaste and MissionSpace from Latvia, Codigy from Lithuania, and HeyBooster from Estonia alongside the winner of the competition Voice Image App.
Estonian startup “Vocal Image App” wins “TechChill” pitch competition “Fifty Founders Battle” and receives 160 000 eur investment
Estonian startup Vocal Image App won the Fifty Founders Battle organized by TechChill – one of the biggest tech and startup events in the region that was the last to happen on-site before the pandemic and the first one after pandemic restrictions were removed. “Vocal Image App” took it all – 150 000 eur investment from Depo Ventures and 10 000 eur cash prize (no strings attached) from TechChill.
More than 200 startups from all over the world applied for the TechChill pitch competition Fifty Founders Battle. An international jury of experts chose 50 startups by taking into account such criteria as the seriousness of the problem being solved, team, results to date as well as scalability. They got the opportunity to pitch on a TechChill stage in the semifinals during the first day of the event. As a result, five finalists were chosen:
- Terrawaste (Latvia) – next-generation waste remediation that turns non-recyclable waste into value.
- HeyBooster (Estonia) – platform driven by artificial intelligence that gives you full control over the campaign’s marketing performance while helping to plan the next important step.
- Codigy (Lithuania) – collaboration platform for software engineering teams.
- Vocal Image App (Estonia) – voice coach.
- MissionSpace (Latvia, Luxembourg) – network of innovative detectors and dedicated analytics form the infrastructure, capable of proving unique space weather services on-demand.
Finalists were judged by representatives of different venture capital funds. Both money prizes – 150 000 eur investment from Depo Ventures and 10 000 eur cash prize (no strings attached) from TechChill – were given to Vocal Image App. Moreover, the representative of this company along with the one from the company Codigy will get full tuition covered for Hero Training – an intensive, immersive five-week entrepreneurship program in Silicon Valley, CA. Their amazing alumni from 100+ countries have raised $450M+ in investment.
Latvian startup MissionSpace received 1 ETH from the local cryptocurrency company Gravity which offers its services globally. All finalists received credits worth 1000 dollars to be able to use the visual collaboration platform for team Miro (first place got additional credits worth 500 dollars). Whereas 10k worth of AWS credits were given to the semi-finalist Video Bit.
TechChill 2022 was happening on-site from April 27 to April 29 in Riga, Latvia. It was the first tech and startup event in the region that was the last to happen on-site before the pandemic and the first one after pandemic restrictions were removed. The event was sold out. The next one will be held on February 23 and 24.