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📈 Unmanned aerial vehicle manufacturer Edge Autonomy (formerly UAV Factory) achieved a turnover of 79.99 million euros in 2023, a figure 3.8 times higher than the previous year. The company's profit surged 6.5 times, reaching 29.02 million euros. Edge Autonomy Riga closed 2023 with the highest turnover and profit in the company's history.

The Riga Investment and Tourism Agency invites startups to apply for a delegation to Slush 2024, which will take place this year in Helsinki, Finland, from November 20 to 21.

🤖 Challenger AI 3.0 is an equity-free 3-month international accelerator for innovative startups. This year, the organizers prepared for participants individual mentorship throughout the program, pitching to investors and perks from partners.

🧪 Investment and Development Agency of Latvia in cooperation with UniLab and Riga Business School, announces a new series of training courses dedicated to the commercialization of scientific research and the creation of technologically intensive startups. Applications open till October 22.

🎤 Quality Forge 2024, an online conference dedicated to digital accessibility and inclusivity, is set to take place on October 10. 👉 The event will gather 14 global experts to share real-world examples and practical tips on how to tap into the $13 trillion market potential currently being missed due to digital inaccessibility.

🏆 Team NEAMO took first place and received a €1,000 prize, securing the opportunity to represent Latvia in the European finals of the 7th CASSINI space hackathon. 🐟 NEAMO presented an innovative approach that could help reduce fish mortality in coastal fish farms, improve resource efficiency, and promote sustainable aquaculture development. #space #spacetech #startinlatvia #startinlv

🏆 The second annual Latvian Startup Awards will be held on December 6 to celebrate innovative solutions and entrepreneurial excellence. Startups can apply directly or be nominated via the event’s website. A panel of experts will determine winners in seven categories, while the Community Choice Award will be decided by public vote. #startinlatvia #startinlv #startupawards

With the recent news that Buildit was chosen by Altum as one of the three fund managers to oversee and invest €62 million of public and private funding, it’s clear that Buildit is on the precipice of exciting changes. The company will soon launch a new investment fund and is already on the lookout for potential startups, so this is the perfect time for a closer introduction. #buildit #investmentfund

🪙 Latvijas Banka has issued a collector coin dedicated to the role of science in our lives and the scientists’ persistence in seeking answers to questions about the future of humanity.

🚲 The first foldable electric cargo bikes created in Latvia, Vezums, are planned to be introduced to the market in 2025. Vezums aims to export both foldable mechanical and foldable electric cargo bikes, targeting the most bike-friendly countries such as the Netherlands, Denmark, Germany, the United Kingdom, and others as their first choice. #startinlatvia #startinlv