Confluence
Pre-accelerator
Investment and Development Agency of Latvia program "Confluence" connects early stage deep tech startups with investors and corporations across industries and help you to refine and advance your proof of concept, commercialization strategies, and investment attraction plans.
The teams will undergo a 12-week-long pre-acceleration program before presenting their solutions and PoCs to investors at the Deep Tech Atelier 2025.
Application deadline: 09 February, 2025.
What to expect?
1on1 mentoring
Access the expertise of mentors to break the ice in corporate-startup and investor-startup collaborations
Publicity & comms support
Communication activities focusing on the program participants. We help you get on A level on your pitch game to land Baltic and international audience
Match with corporation
Test your solution and gather real-world data to further tailor and develop your product. We help you land a PoC with industry leaders based on your needs
PoC
financing
Begin or continue to work on your proof of concept. We help you by providing up to 5k to finance the creation of your solution
Investor access & meetings
Fully prepare your team, product and pitch for meetings with investors. We will help you meet with the most relevant investors during our Demo Day at the Deep Tech Atelier
Timeline
Validation
Understand the market needs and your value proposition
Strategy
Research competitors and create profitable business models
Development
Get expert help and up to EUR 5,000 to validate your PoC.
Deployment
Test your PoC with the collaborating enterprise and gather data
Demo and Investor Day
Showcase your progress, talk to investors and get feedback from potential clients
Program kick-off
February 25
Deep Tech Atelier
May 15
Trust the innovation experts to guide you
Investment and Development Agency of Latvia program "Confluence" is developed by Helve and powered by BSV Ventures with their decade long deep-tech experience. We have facilitated collaborations between startups, investors and corporations for many years and have a great track record of successful project outcomes.
Meet The Team
Startups Helve have helped build
Meet program mentors
Sandra Golbreich
Founding Partner and Financial Director at BSV
AlgaePhos4x (Latvia), which has developed a microalgae-based wastewater treatment which involves manipulated biomass for rapid phosphorus removal from wastewater and its recovery. The produced algal biomass has various applications and downstream processing possibilities, including in agriculture. During the program the startup together with partners Cēsu alus and Malduguns will test their solution on wastewater produced in the brewing industry.
Bruntor (Latvia) – makers of an electric four-wheeled cargo scooter, which is simple and easy to use and has already won the EIT Jumpstarter competition. The stand-up solution makes deliveries 15% quicker than with e-cargo bikes and 40% faster than a van in the city while consuming 5 times less energy. Together with Pauls Stradiņš Clinical University Hospital the startup will test the scooter’s suitability for use on hospital campuses to solve internal logistical issues. The startup will also collaborate with Omniva to confirm the vehicle’s capabilities in last-mile deliveries.
Chum Tableware (Latvia) – producers of an alternative to single-use plastic plates made from food-safe and environmentally friendly materials, such as oats and quinoa. After use, the plates can either be consumed as food or composted. With the help of Rimi Baltic, the startup will attempt to move closer to larger scale production capabilities and meeting the quality requirements needed to start selling the product in supermarkets.
Peak Save (Latvia), which has developed smart sensors and an approach that intelligently shifts energy consumption patterns to the most cost-effective hours, resulting in significant cost savings for the consumer and reduced strain on the grid during peak demand periods. In collaboration with Tet, the startup plans to improve its algorithm and to gain additional experience in broad system optimisation.
SUBmerge Baltic (Latvia), which has developed an underwater drone which uses adapted lights and software to increase visibility in the Baltic Sea region. The drone can be used for monitoring underwater infrastructure and obtaining information and samples of underwater ecosystems along with other use cases. In close collaboration with BIOR and the Port of Ventspils, the startup will test new use cases for the drone and attempt to increase its capabilities.
Smart Agrometer (Lithuania), which has developed a sensor and system that determine the limiting nutrient in growing crop plants using a spectrophotometer, machine learning algorithm and an agronomy portal. The information obtained can be used to make smart decisions regarding fertilisation, limiting the wasteful application of fertilisers while increasing the yield. In cooperation with Very Berry, the startup will try to expand the area of application from cultivation of grain to pomiculture.
Biohifas (Lithuania), which is experimenting with solid state fermentation using food grade sidestreams of food/beverage industry and mycelium. The result of the process is a biomass, which can be processed into nutritious, clean label, and affordable food. The startup together with partners Cēsu alus and Malduguns will test how the cultivation process is affected by brewer’s spent grain (BSG) of various compositions.
Previous testing partners
Confluence is organized by
Partners
