Applications open

Latitude59 Pitch Competition

We're looking for early-stage startups that are changing the world for the better. If you have a proven idea, a scalable business model and a passionate founding team ready to take it to the next level, we want to hear from you.

latitude59_pitch_competition

Are you an early-stage startup with proven traction?

As a rule of thumb, your business activities shouldn’t date back over 4 years.

You should be either actively fundraising or ready to start the process.

 

We’re looking for startups with solid proof that users love your product.

 

Apply to win over €300K

This year’s winners will receive a syndicated investment of up to €300,000 from Estonian, Latvian and Finnish business angel networks, along with many other prizes from investors and partners.

Latitude59 Pitch Competition 2026 timeline

March 4
Applications open
April 15
Applications close
April 30
Announcing the TOP 30 teams
May 21-22
Final pitches on the Latitude59 main stage

Over €30M raised by past pitch winners

Now we’re looking for the next mission-driven team ready to take their startup to the moon.

"To everybody grinding: there will be hundreds of moments when you think about giving up, but it never really ends until you say these three words—‘I AM DONE!’ So you have just one job: don’t say those words, and eventually, it will pay off."

— Kalev Kärpuk, CEO of Adact (L59 Pitch Competition Winner who exited in 2025)

"It has been such an empowering experience & brought us so much visibility that we have been able to pitch in a lot of cool places such as Brazil, Singapore, Japan."

– Nemailla Bonturi, Co-Founder of ÄIO & a winner of L59 Pitch Competition 2023

Latitude59 Pitch Competition 2026 FAQ

We are looking for founding teams with a solid mission, a scalable business model and a functioning product/service with proven traction.

You should:

  • Be in an active fundraising process,
  • Have a passionate and committed team,
  • Be providing a solution to a problem with a large potential market,
  • Introduce innovative technological components or science projects that demonstrate a clear path to commercialization. We prefer to invest in first-of-a-kind ideas, 
  • Have a clear, unique value. Competitive advantage includes intellectual property protection, exclusive licenses, exclusive marketing and distribution relationships, strong brands and scarce human resources (i.e. knowledge and skills),
  • Have a good match between the valuation of the company and the capital need,
  • Ideally, be practicing novel technologies and unique business models.

Industry

L59 Pitch Competition is industry-agnostic. 

In 2026, the Latitude59 conference follows areas such as deep tech and impact, which is why we welcome these companies to apply. However, this does not give any particular bonus points in the evaluation, and the selection will be based on the best fit with lead investors.

Countries

Startups from all around the world are invited to apply. 

However, it is important to note that Latitude59 stands with Ukraine, which is why startups with strong connections to Russia, Belarus, and North Korea will not be included in the evaluation process.

Lead investors have joined the L59 Pitch Competition as partners who will make the investment offers to the most promising startup(s). Together, these partners can give away one or more investments. Ideally, all partners would like to select one startup whose current phase and investment-readiness would meet this goal. However, it is possible that the final choice will be different, which can also result in multiple investment offers to more than one startup.

Investments can, but don’t necessarily have to go to the same company. This also means that more than one investment decision can be made. The VC fund and the lead investor of the business angels syndicate leave the right to make the investment offer to 1–3 startups.

Concerning the investment size, we take into account previous experience. Thus, most broadly the investment can be named as a seed stage.

    • Eligible startups are invited to apply before April 15, 2026.

    • After that, all startups will be sorted to broad categories (internally).

    • Each startup will be evaluated by two separate people. Evaluators are chosen based on their experience and background to guarantee clarity. 

    • Each evaluator will share their top recommendations (based on grades and personal recommendations) with the lead investors. Based on these shortlists and grades, lead investors will agree on the TOP 30 startups that will pitch.

    • Finalists are asked to sign the general term sheet with the investors.

    • There will be one internal pitch for the investors that will take place in May 2026.

    • The lead investors will conduct due diligence with top startups. Based on the results, investment decisions, and offers will be made. 

    • The TOP 7 startups will pitch on the Latitude59 Main stage on May 22, 2026. Winners will be announced on the stage.

Are you an early-stage startup on a mission to create a better world?