Four startups joined a pre-acceleration program of Firstpick
Four startups joined a pre-acceleration program of the Lithuanian accelerator Firstpick. The teams will receive a grant of €4,5K per person to test the idea during the program. They will have training with professional mentoring and coaching, and an opportunity to apply for full-time accelerators or first investment. The participants of the pre-accelerator are usually at MVP (minimum viable product) stage or the early traction stage.
The teams are:
Vilnius-based fintech Micapass was launched in 2023 by Gintarė Košubienė. It is a fully decentralized on-chain compliance tool, which provides ongoing AML (anti-money laundering) screening and monitoring, meaning verifying identities, monitoring transactions, etc. It can be integrated with any DeFi (decentralized finance refers to an ecosystem of financial applications built on blockchain networks) protocol, and it allows users to remain anonymous.
Founded in 2022 in Vilnius, Edufy operates in Lithuania, Latvia, and Estonia. The customer management solution connects providers with customers in the #educational sphere (language, math, physics courses, sports clubs, summer camps, arts, science and technology classes, and so on). For providers, the tool offers fast client registration with customized registration forms, manual and automatic payment tracking, automated generation of preliminary invoices, inventory list creation, customized contracts, or other document templates for signing with the participant, etc.
Fable Wizard is an application for fast-creating personalized tales, rated for 4+ years. The application is available in Mac App Store. Fable Wizard's developer is Evgenii Starodedov.
Cleantech Death Zone is a solution that offers predictive detection of algal bloom for sea cleaning.
Firstpick is an accelerator and venture capital fund investing in tech companies across the Baltics. It supports founders from the idea to the growth stage by offering a combination of investment and know-how shared through the fund‘s pre-acceleration and acceleration programs.
