Estonian startup Woola wins TechChill 2020 pitch competition and receives the main prize. The lucky winner took home 10 000 EUR, no strings or equity attached, got fast-tracked to Startup World Cup finals in San Francisco and AWS credits worth 10 000 USD.
This year all Fifty Founders Battle finalists were divided into 5 verticals – MedTech, GreenTech, FinTech, B2B, and B2C. Organizers inform that 2020 sets a record number of applications received – in a total of 261. The most popular vertical was the B2B with 80 applications. As predicted the most applications were sent from such regions as Baltics and Nordics, but as the event becomes more and more international every year, organizers were very happy to see Australia, Kosovo, Puerto Rico, Gambia, Armenia, and more countries represented. This year the applications were sent in from 37 countries in total, indicating the global scope of the competition.
More information at labsoflatvia.com
