Estonia’s Precision Navigation Systems wins award as most promising start-up at TechChill conference
Precision Navigation Systems, a startup team from Estonia, grabbed the main prize at Fifty Founders Battle during TechChill - the biggest Latvian tech event of the year. The lucky team is going home with 10 000 EUR from TechChill Foundation and a fast track to the Silicon Vikings Startup World Cup Finals in San Francisco, the conference representatives reported.
ZITICITY from Lithuania won a soft commitment of 50 000 EUR investment from a syndicate of 22 LatBAN members, while Adyen and the The Next Web awarded Kipwise (Estonia) with an invitation to the Founders Day and The Next Web conference in Amsterdam.
"In the end, it was a close contest between two excellent candidates for the final jury - Precision Navigation Systems and ZITICITY. The Estonian team won us over and got the grand prize due to their grand vision of a global technology deployment," said Andris K. Bērziņš, the co-Founder of TechChill Foundation and the Managing Partner at Change Ventures.