Tag: healthtech

On May 17th on the main Estonian startup conference Latitude59 we announced the winners of Prototron springround at the main-stage of Latitude59. 4 teams got 60 000 € to turn their ideas into reality.

The biggest grant – 25 000€ was given to Lumebot – a self-driving snow removal robots are more than 10x cheaper to make than snow plows. This allows each parking lot to have a dedicated snow removal robot(s). Through continuous work, it is able to keep the parking lot clean 24/7. Autonomous snow removal robots that start working as soon as it starts snowing.

10 000€ was worth the idea of Futuclass – an educational virtual reality game that brings awesome science experiences to classrooms. A game where players solve interesting and fun pre-made science puzzles and learn by doing. Science experiments in VR are cheap, safe and easily accessible. Like Rakett69, but in VR.

Team Unsinkable Robotics got 20 000 to build an underwater robot that could perform several tasks underwater without an operator. The robots reduce the need for divers to perform dangerous and time consuming tasks such as mine detection.

Kibu.energy wants to empower the inhabitants of the smart city in the usage of renewable energy by offering a foldable solar panel that can be deployed in balconies, terraces or gardens. It integrates storage and can be plugged in directly to a wall socket.

Autumnround is less than 5 months from now. Get inspired and apply before October 15th.

This round we have even more support services for our winning teams. What we have to offer besides up to 35 000€ equity free funding for prototyping, incubation at Startup incubator, R&D mentoring from TalTECH and legal aid form Hedman, training for pitching and media-communication and priceless investor contacts.

All Prototron winners get 6 months web hosting and e-mail service for free from Veebimajutus.ee, plus all their know-how, how to make a really good web page. Winners get mentoring and special price from Fundwise team, how, when and for what to use a joint funding.

Swedbank Estonia, Tallinn University of Technology TalTech, Tallinn Science park Tehnopol and Tallinn city put out 62 500€ in total! Extra funding up to 10 00€ can be provided by Elering for energy BigData projects and Utilitas for projects in environmental technology. Estonian healthtech cluster Connected Health has decided to give a special prize for health connected ideas. The prize includes a 1-year full membership of the cluster to grow your business and develop your idea.

Apply now prototron.ee, deadline is October 15th.

Thursday, March 15th was the last day to apply for Spring round of Prototron and we closed the application with 230+ ideas from Estonia and other countries. Transport, medicine and solutions to improve our everyday life were most common fields.

This round brought many ideas, based on science. Solutions formulated in research and thesis is a sign, that Estonian scientists are taking big steps to commercialise their research work. This is only positive and clearly a mark, how necessary were the changes we made in Prototron to finance ideas of TTU intellectual property.
Several ideas were to improve car engine and gadgets. Modernised energy source, solutions for children and pregnant woman, development of drones, different API and ideas, which use blockchain, and even proposal to start teleportation – this is the pool of the ideas our experts will start access next two weeks.

Established in 2012 by Swedbank, Tehnopol and Tallinn University of Technology, Prototron is nowmarking its sixth year by raising this year’s total support amount to 130 000 euros.
In addition to financial support, Prototron also provides mentorship and valuable contact networks of potential investors as part of the training programme for the applicants. . The winners will be awarded with a six-month free incubation space at Tallinn Science Park Tehnopol and legal assistance from Hedman Partners.
In 5 years Prototron received applications with 29000 different business ideas, including 58 project that were successful in receiving funding of 670 000 in total for creating the prototypes vital for their product development process. Thanks to Prototron, 24 new products have successfully been launched to the market.

Prototyping foundation Prototron’s 19th application round was focused on digitalisation. About 200 ideas were submitted, and the most useful ones for people and industry made it to the final top. Four teams received funding, the total sum was 30 000 EUR.

“All the teams competing for Prototron’s funding come from different areas. Still, they have something very important in common – their ideas and solutions are really surprising. The teams managed to make technology useful for people and industries, solving problems in unexpected areas”, said Prototron CEO Jana Pavlenkova.

FoodDocs team is working on a cloud-based self-check plan for restaurants, cafes and other companies dealing with food. This makes document management easier and gives a better overview. Funding received: 5 000 EUR.

VirtualFX received 10 000 EUR from Prototron, in order to develop a VR-based cognitive rehabilitation solution. This could help patients with brain trauma to experience different situations in virtual reality, instead of going through current situations “in theory”. The solution will raise effectiveness of cognitive rehabilitation method.

Eziil team received 5 000 EUR, in order to develop a production intellect – a desktop for industry director, which helps make visual work plans and spread the information to all workers’ smart devices. This artificial intelligence could learn from the user’s previous actions and in the future would automatically suggest the best possible action plans.

Prototron’s sponsoring partner Elering awarded 10 000 EUR to the FuseBox team, so they could test their solution for helping electric networks. From the environmental point of view, producing reneqable energy is becoming more important, but is unstable and overloading the energy networks. A more flexible energy use could be the solution, with temporary switching off systems that use too much energy (e.g. heating or cooling systems). And FuseBox team is now developing this very solution.

Prototyping foundation Prototron has supported teams who develop smart solutions for the 19th time. The awarding took place today at sTARTUp Day in Tartu. So far in total, 56 idea prototypes have been supported in total amount more than 700 000 EUR.

Prototron’s partners are Utilitas, Hedman Partners and Elering.
Applications for the next round can be submitted up to March 15th online at www.prototron.ee/en.