Finnish, Danish teams picked for the first Baltic greentech programme
Five local organisations –
Swedbank Latvija, Latvenergo, Rimi Baltic, Orkla Latvija, and
Rigas City Council – presented business sustainability challenges for the accelerator programme, which picked 10 European GreenTech startups, including Miils and Parking Energy from Finland; and Eachthing and Plant Jammer from Denmark.
“A startup whose innovative idea is its core business and therefore the centre of its attention is able to provide our customers and us with a value-added solution, allowing ourselves to set our innovation capacity aside for our core, our infrastructure development. This is the biggest benefit of open innovation in our eyes,” CEO of Swedbank Latvia Reinis Rubenis said in a statement.
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(Latvian Public Broadcasting) The sustainability hackathon Hack for the Future took place online from December 11 to 13, as previously reported by LSM.
In the end over 300 technology enthusiasts and sustainability experts from 26 countries participated, with the event s stated goal being to develop sustainability solutions for a better future.
30 teams made it to the final, and Adventums, a team that created a solution to reduce construction risks and improve the working environment on construction sites, were announced as the winners on Sunday evening.
Adventums product
Photo: Publicity image
The €7000 prize fund, of which Swedbank Latvia allocated € 5000 and Rimi Baltic allocated €2000, was distributed between three teams.