The pulse of Latvian startup scene: Week #49

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Edurio receives €15,000 from Atsperiens, Snowision raises funds for final tests in the French Alps, Sorry as a Service 2nd in EIT Digital challenge and more. Relive week #49 with us: 

Edurio receives €15,000 from Atsperiens

Edtech feedback tool for schools Edurio has received €15,000 from Latvian grant programme Atsperiens by Riga City council and Swedbank  to perfect its user experience.  

Snowision raises funds for final tests in the French Alps

Snowision is a fully automatic, remotely operated small sized sensor for projecting 3D map of snow cover and its characteristics. The product is based on military technology from Nizhny Novgorod and developed into a startup in Commercialization Reactor. The final tests will allow it to finally start commercial manufacturing and sales. It is estimated that Snowision can help mountain ski resorts save from several hundred thousand to one million euros every year.

Find out more here

Sorry as a Service 2nd in EIT Digital challenge

Estonian service for business apologies Sorry as a Service, co-founded by Sabine Sipunova from Latvia, rocked the stage of EIT Digital challenge in Helsinki. The team came in second and received a €25,000 cash prize.

QFer strikes a deal with McDonald's

The mobile app for quick location-based offers QFer is consistently growing its offer base. This week Riga's biggest fast-food provider McDonald's has joined the app with its special offers. McDonald's is in a good company along with Hessburger, Cili pica, OlyBet Sports bar, Multikino and more.

South Korean Hockey Association interested in Latvian PlayGineering Systems

Latvian PlayGineering Systems, which offers analytics and optics solutions for professional sports, has entered into an agreement with South Korean Hockey Association. The deal foresees installing PlayGineering Systems analytics tools in two Korean hockey halls. 

Find out more here. (in Latvian)


Lattelecom unveils plans to move into startup acceleration

After actively supporting TechHub Riga, TechChill Baltics, Silicon Valley Comes to the Baltics and #StartupTheSeason, Latvian telco giant Lattelecom plans to move into startup acceleration. The chairman of Lattelecom J.Gulbis revealed these plans at LIKTA conference on Dec 3, not presenting a detailed program yet, but clearly stating that the initiative will focus on ICT businesses and ideas. 

Latvian startup events in numbers: 50% of budget still there for your event

Latvia has the highest number of startup events in the Baltics this year, to a large extent thanks to ALTUM support programme for startup events, covering up to 50% of event budget. The program was started by Latvian Guarantee Agency in 2014, and has since then utilized half of its €500,000 budget. 

The other half is still available for your event. Find out more here