---
title: "A million-euro investment up for grabs at Estonia’s Latitude59 conference"
id: "69194"
type: "post"
slug: "a-million-euro-investment-up-for-grabs-at-estonias-latitude59-conference"
published_at: "2023-01-20T22:00:09+00:00"
modified_at: "2023-01-20T22:00:10+00:00"
url: "https://estonianworld.com/business/a-million-euro-investment-up-for-grabs-at-estonias-latitude59-conference/"
markdown_url: "https://estonianworld.com/business/a-million-euro-investment-up-for-grabs-at-estonias-latitude59-conference.md"
excerpt: "Startups can compete for an investment of up to one million euros at the startup conference Latitude59, due to take place in Tallinn in May. […]"
taxonomy_category:
  - "Business"
publisher: "Estonian World"
language: "en-GB"
author: "Silver Tambur"
author_url: "https://estonianworld.com/author/silver/"
---

# A million-euro investment up for grabs at Estonia’s Latitude59 conference

![Image](https://estonianworld.com/wp-content/uploads/2022/05/A-Latitude59-event-in-2021.-Photo-by-Latitude59.-1024x576.jpeg)

A former Estonian president, Kersti Kaljulaid, speaking at a Latitude59 event in 2021. Photo by Latitude59.

By  [Silver Tambur](https://estonianworld.com/author/silver/)
  ·  January 20, 2023  · [Business](https://estonianworld.com/category/business/)
 · 2 minutes of reading

### Startups can compete for an investment of up to one million euros at the startup conference Latitude59, due to take place in Tallinn in May.

The biggest investment so far in the entire Baltic region – up to one million euros – is being made by Tera Ventures and the Estonian business angel network EstBAN and will be offered at the conference’s pitching competition.

“Our goal together with the Latitude59 organising team is to discover world-class founders who are addressing large pain points and building impactful products, in order to support them on their journey of growing into a global leader in their field,” Andrus Oks, the founding partner of Tera Ventures, said in a statement.

“If your company’s impact on today’s world is at least as great as your interest in earning from it, and the technology you are developing is value-adding and unique, you are the one we hope to find at Latitude this time,” the organisers of the startup event added.

Startups can apply for the [conference’s pitch competition until 9 April](https://latitude59.ee/pitching-competition/)
. Selected teams will advance to the semi-finals and receive professional pitch training. The finals will take place on the main stage of the Latitude59 conference on 26 May, where all finalists will have the opportunity to gain the attention of international investors, media and the audience.

[https://estonianworld.com/wp-content/uploads/2023/01/L59-Pitcc-Competition-2022-finals.jpeg](https://estonianworld.com/wp-content/uploads/2023/01/L59-Pitcc-Competition-2022-finals.jpeg)

Latitude59’s pitch competition in 2022. Photo by Latitude59.

The 2023 Latitude59 is due to be held from 24-26 May. This year, nearly 3,000 international participants are expected to gather for the event, including 800 startup representatives and 400 investors.

## About The Author

![Avatar photo](https://estonianworld.com/wp-content/uploads/local-avatars/2/1572652467-bpfull-100x100.jpg)

[Silver Tambur](https://estonianworld.com/author/silver/)
Silver Tambur, co-founder and publisher of *Estonian World*, studied journalism at the University of Tartu and politics at Birkbeck, University of London. He has edited Estonian Public Broadcasting’s English news and contributed to *Business Sense*, *Deutsche Welle*, and *Radio New Zealand*. He is currently editor-in-chief of *Trialoog*, TalTech’s business and research portal. You can also follow him on [Twitter](https://twitter.com/SilverTambur)
 and like [his page on Facebook](https://www.facebook.com/silvertamburpage/)
. You can write to Silver at [silver@estonianworld.com](mailto:silver@estonianworld.com)
.