Three Tehnopol Startup Incubator companies attract considerable investments

In the course of their participation in the Tehnopol Startup Incubator programme, the MySpotit, VITS and Sentinel companies developed very exciting technological solutions and became investor-ready.

Yesterday, on 26 February, three successful startups graduated from the Tehnopol growth support programme: Sentinel, which identifies videos and other information manipulated by means of deepfake AI, MySpotit, a platform for mediation of information on available meetings spaces, and VITS, an occupational health and safety platform and virtual working environment specialist. The goal of the growth support programme is to enhance investor readiness and export capabilities of technological startups that have developed strong business ideas. Then there are also bonuses in the form of community benefits and an inspiring environment.

Kadri Tammai, Director of the Tehnopol Startup Incubator, mentions that the growth support programme was designed primarily for those startups that seek rapid development and wish to attract investors. “We work with startups from their very beginning,” says Tammai, “which is why at first we help them with finding a scalable business model. As a rule, building up a company does not guarantee a straight route to success. Various obstacles exist and the involvement of experienced mentors results in much easier avoidance of problems as well as development to a level at which faith in your potential expands beyond your family, friends and the incubator staff, with investors starting to take interest in you. Today, we are happy to see three young companies becoming important players in their chosen fields.”

Hardi Kinnas, co-founder of MySpotit, points out that people spend around one third of their life at work, and up to 30 per cent of that time is dedicated to meetings. “Many think that work meetings are a waste of time,” says Kinnas, “yet no one has invented a better method of staff coordination. MySpotit intends to make a difference. We have created a convenient and fast platform for booking exciting meeting spaces. Holding meetings at diverse locations reduces the negative effect of established routines.” The company is active in Estonia and Latvia and intends to enter other European markets. Kinnas emphasises that this is just the beginning: the company is working on features for meeting preparation, participant invitation, attention boosting and involvement gauging. “The Tehnopol Startup Incubator has been a wonderful growth environment for us,” notes Kinnas, “and the mentor assigned to MySpotit, Raido Pikkar, helped us with developmental activity planning and investor engaging.”