Tenity to Invest in 4 Early-Stage Fintech Startups in Estonia and 2 From the Nordics
by Fintechnews Baltic March 6, 20248 early-stage startups from 5 countries have been selected for the upcoming Tenity Incubation Program starting on March 4th, 2024, in Tallinn.
The selected startups receive an initial EUR50k investment from the Tenity Incubation Fund.
The upcoming edition of the Tenity Incubation Program in Nordics & Baltics welcomes a cohort of total 8 early-stage startups selected from a pool of more than 400 applications globally. 4 of them are from Estonia, 2 from the Nordics, 1 from UK and 1 from Singapore.
The startups impressed Tenity during the application process, culminating with in-person Selection Days in Tallinn in January 2024. The selected founders are building promising solutions in the areas of ML/AI, regtech, insurtech and legaltech.
For the next four months, the startups will go through an intensive program, including workshops and events on topics such as product-market fit, marketing, and fundraising. In addition to 1:1 support from the Tenity team, the program provides access to guidance and support from Tenity’s wide ecosystem, The program will culminate in a Demo Day event on May 20, 2024, as part of an intense week packed with the European Business Angels Congress and the Latitude59 flagship tech event.
Uve Poom
Uve Poom, Head of Operations Tenity Nordics commented:
“We’re excited to start working with mature founders from eight startups, improving how their customers manage three essential problem areas in finance – time, risk, and money. What adds to the excitement is partnering up SEB Estonia in giving our startups a leg up by leveraging their Innovation Centre’s mentor base.”
Meet the 8 startups selected for the Tenity Nordics Incubation Batch 3
LambdaAI | Singapore
In climate crises, farmers face losses, and insurers struggle. Oursolution: AI, ML, and satellites deliver precise field data, enabling efficientrisk coverage.
Sweephy | Estonia
Sweephy is a no-code platform that automates clean-up and analysis of transaction data with pre-trained and fine-tuned contextual AI models.
TRC | UK
TRC offers City-as-a-Service (CaaS) for emerging cities, streamlining urban management with smart, scalable tech solutions.
FinterAI | Norway
FinterAI makes banks 80% better at stopping crime, on their own terms. We enable collaboration on data -without sharing data. One institution said it well: It’s clearly the future of fighting crime.
Kuratech | Iceland
KuraTech helps liquidators to liquidate bankrupt entities faster and more effectively than ever before.
Ziv4 | Estonia
Ziv4 provides people to easily integrate to the financial markets with asset tracking, algo trading or news trading.
Lawato | Estonia
Lawato is a Legal Practice Work OS, the next-level tool for managing and growing law firms efficiently.
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