L59 Pitch Competition 2023 – announcing a prize fund of €1M with Tera VC x EstBAN

Latitude59’s annual Pitch Competition is back, with one million euros – the biggest of its kind in the Baltic region. We are eager to hear from hungry startups who are bold enough to take the stage. So send in your application, spread the word, and start practicing that winning pitch!

The €1M prize fund has been put together by Tera Ventures and the Estonian Business Angels Network EstBAN. It will be awarded to the best startup at the closing ceremony of Latitude59 2023. Startups are welcome to submit their application before April 9, 2023.

“Latitude59 is bolder than ever this year. Our common goal with the organizing team is to discover world-class founders who are addressing large pain points and building impactful products, in order to support them on their journey of growing into a global leader in their field,” says Andrus Oks, Founding Partner of Tera Ventures.

The Lead Investor of EstBAN, Martin Goroško agrees that difficult times require bold solutions. “The size of the funding clearly says that we are not looking for anything ordinary in 2023. If your company’s impact on today’s world is at least as great as your interest in earning from it, and the technology you are developing is value-adding and unique, you are the one we hope to find at Latitude this time,” Martin Goroško explains.

Application form for L59 Pitch Competition is open on Latitude59’s web page until April 9, 2023. Selected teams will receive professional pitch training and advance to the semi-finals – the week of semi-finals in mid-spring will be full of public broadcasts via Latitutude59’s social media, offering a chance for the audience to get to know the frontrunners. The finals will take place on the main stage of the Latitude59 startup conference on May 26, 2023, where all finalists will have the opportunity to gain the attention of international investors, global media, and the audience.

Latitude59’s CEO Liisi Org says that the competition is an opportunity to change the world with a small but significant step. “The past year, with the world facing so many crises, has been a wake-up call for us all. We need to be bold in our discussions and the search for solutions to the era’s greatest challenges – innovation is essential, so startups resonating with it, step forward,” Liisi Org encourages.

In 2023, Latitude59 will take place for the eleventh year in a row in Tallinn, Estonia – one of the most digitally advanced countries in the world, and the record-holder for most unicorns per capita in Europe. This year, nearly 3000 participants are expected to gather for the event, including 800 startup representatives and 400 investors, from all around the world. Are you coming?

Latitude59 is held on May 24-26, 2023 – get your tickets early and come cheer for the best pitchers in the unicorn capital of Europe!

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