Longenesis wins 'Fifty Founders Battle' pitch competition at TechChill 2021

Take note – story published 2 years ago

Longensis, a startup based in Latvia and Hong Kong, has taken home the main prize at the annual TechChill business event – 10,000 euros, with no strings attached.

The leading Baltic tech and startup event brought together over 1,700 attendees in virtual format from over 600 different organizations from 29 countries, with 178 speakers taking the virtual stage.

Longenesis is a B2B startup offering a platform to biomedical organizations to reduce the length of clinical trials. This is done through enabling direct communication for safe data curation and compliant, consent-enabled biomedical data utilization for research. 

In addition to the 10,000 euro main prize, a pan-Baltic investor syndicate made up of LatBAN, EstBAN, LitBAN, and .Cocoon. pledged up to 250,000 EUR in investment. The funds were divided among two winners, Gelatex (Estonia), and VREACH (Latvia). Gelatex is an Estonian startup that creates sustainable gelatin nanofabric technology. VREACH is a VR-based autism rehabilitation startup from Latvia.

This year there was a record number of applicants for the Fifty Founders Battle, with over 200 startups vying for the win. Of those, 50 founders were chosen to pitch at TechChill, and five made it to the finals, each in their own vertical, of Sustainability, Fintech, B2B, AI&ML, and Hardware, IoT, and Robotics. The 5 finalists were:

The final jury was made up of four investors from around the world; Andris K. Bērziņš, Managing Partner at Change Ventures, Arvydas Blože, Investment Manager at Practica Capital, Marili Merendi, Principal at Karma Ventures, Tuomas Kosonen, Partner at Inventure, and Suffiyan Malik, Program Manager at Draper University.

Next year TechChill will return on February 17-18, organizers announced.

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