Mechanical Engineering Blog

Winning Pitch Competition and New Investors Joining

Winning Pitch Competition and New Investors Joining

For the last three months, we’ve been a part of Nordic Angel investment Program Spring 2018, run by Estonian Business Angels Network (EstBAN), along with 105 promising startups. Last week it ended with a final pitch competition on stage at Latitude59.

In front of nearly 2000 eyes, Fractory received the €170 000 seed investment by the Nordic Angel Program syndicate partners.

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Killer Combo

Fractory was also awarded the annual Latitude59 Killer Combo Prize, including €10 000 equity-free cash and a 2-week trip to Silicon Valley.

We would also like to congratulate all the startups who fought alongside us. Especially the ones who made it to the TOP4. Check them out:

  • CENOS provides access to high-quality engineering simulation for affordable costs.
  • FoodDocs helps food handlers to manage food safety plan quickly and easily.
  • StandByMate makes it easier and faster for seamen to find their next job.

Good luck!

Nordic Angel investment Program takes place twice a year. The next batch of applications will be accepted in September 2018. 

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