Prototron fund

Prototron fund

Financial Services

Funding and mentoring for tech-ideas to take shape.

About us

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Healthtech, Industry 4.0 and Fintech. We run 2 rounds of financing every year. During last 4 years we've funded 29 startups with over 345 000€ in cash + coaching/incubation services. Our protfolio has generated 3 000 000€ revenue and raised 10 000 000€ venture capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories. Contact [email protected]

Website
http://www.prototron.ee
Industry
Financial Services
Company size
11-50 employees
Headquarters
Tallinn
Type
Nonprofit
Founded
2012
Specialties
funding and startups

Locations

Employees at Prototron fund

Updates

  • " We took part and competed at the Prototron programme with our MastSmart solution, which is an innovative flag hoisting system integrated with any smart home ecosystem. During the program we got a crash course into the world of startup-s with very experienced and professional speakers and supportive Prototron team. We started the program with us having the technical visualization of the product and its parts and ended the Prototron programme with a bucket filled with new ideas and how to professionally present these to our mentors and potential investors - the pitching contest was the icing on the cake! Beyond the ideas, Prototron also offers access to useful and colorful individuals, who may help our idea to mature and grow into a volume product, either via mentoring or via direct investments. By winning the 10 000 EUR grant, we got additional confidence boost from the industry experts and we know that our product, if executed well, will change the industry and may become standard at every household! " Joonas Lember from MastSmart 🎉A huge congratulations to the MastSmart team for winning the Prototron 2024 Autumn Batch Pitching Competition and securing €10,000 in funding! 🏆

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  • "Participating in the Prototron Programme was a truly transformative journey for Laflow. The training sessions offered invaluable insights, helping us refine our pitch and sharpen our business strategy, while the mentorship provided clear answers to pivotal questions about prototyping. The supportive environment and networking opportunities played a crucial role in shaping our project. We are incredibly grateful for the experience and the €20,000 Prize, which will significantly propel us toward realizing our vision. Thank you, Prototron, for joining us on the mission to support breastfeeding mothers worldwide!" Inga Berkovica from Laflow 🎉Congratulations to the Laflow team for securing €20,000 in funding as the winners of the Prototron 2024 Autumn Batch Pitching Competition! 🏆

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    1,419 followers

    "It was great to be exposed to a variety of important topics about startups – especially the ones we didn't really put much weight on previously like legal/IP. Finding subject experts to get feedback from on our own can be challenging so getting it all from one place was great. We also enjoyed the pacing of the Prototron program. The trainings were concise, meaningful and once a week was just the right amount of time commitment for us." Vincent Pikand from Expand. fm Expand. fm team is the winner of Prototron 2024 Autumn Batch Pitching Competition. They’ve been awarded €35,000 in funding—well deserved!

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    1,419 followers

    As we look back on this journey, it’s not just the sessions or the lessons that stand out—it’s the people, the passion, and the shared dreams. Every workshop, every conversation, and every moment brought us closer together as a community striving for innovation. Thank you to all the brilliant minds and kind hearts who made this batch unforgettable. Let’s continue to inspire and support one another as we move forward. 💡✨ A huge thank you to all the amazing partners, experts and mentors who shared their time, knowledge, and guidance to help us identify the strongest teams - Triin Preem, Eero Treumann, Caroline Aruoja, Anne-Liisa Elbrecht, Agnes Roos, Crystella Sokk, Karin Künnapas, Raul Kirsimäe, Liis Laanesaar, Mari-Liis Kikas, Astrid Maldre, Kaspar Roost, Ergo Metsla, Barbara Agasild, Rasmus Kalep, Kristo Reinsalu, Erik Puura, Indrek Kaldoja, Jana Bogmatser, Toomas Seppel, Andres Kivi, Vladislav Linko, Alex Luik, Kristi Jõeäär, Liine Jänes, Annika Ljaš Eilat, Martin Hanson , Andrei Nikonov, Heigo Mõlder, Reelika Ein, Tarmo Härmaorg, Taavi Kõiv, Tauri Tuubel, Pekka Laakso, Harald Lepisk, Estonian Business Angels Network (EstBAN), CR14 Powered by: Tehnopol, TalTech – Tallinn University of Technology, and Swedbank Estonia Your support is invaluable. 💡🙏

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    1,419 followers

    🏆🌟 Exciting Wins at Prototron 2024 Autumn Batch Pitch Competition! Congratulations to Expand. fm, Laflow, MastSmart, and ChargeIQ for winning big at our Prototron 2024 Autumn Batch Pitch Competition! 🎉 🥇Expand. fm: €35,000 🥈Laflow: €20,000 🥉MastSmart: €10,000 🥉ChargeIQ: €10,000 We're thrilled to see these groundbreaking ideas recognized and awarded. Read more about their innovative solutions in the comments below! To further support the winners' growth journey, all winning teams received a €1500 Hedman Law Firm voucher, ensuring a strong legal foundation for their future success. A big thank you to our invaluable partners: Tehnopol, TalTech – Tallinn University of Technology, and Swedbank Estonia for making this competition possible and fostering innovation in our community!

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  • 🚨 Last Chance to Register for Pitch Competition! 🚀 Don't miss your opportunity to witness innovation at its finest! Today is the final day to register for our highly anticipated Pitch Competition. Join us as we celebrate the TOP 10 teams of the Autumn Batch, presenting their groundbreaking ideas for a chance to win up to €35,000!

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    1,419 followers

    Our special networking event at Tehnopol Startup Incubator! Our CEO Brait Pilvik and Anne-Liisa Elbrecht (manager of Tehnopol Startup Incubator) led insightful discussions as we explored the startup journey with inspiring entrepreneurs. Huge thanks to the inspiring entrepreneurs who shared their incredible success stories and valuable lessons learned along the way. We were truly inspired by their passion and determination! Panelists: Annika Tamm - Co-cofounder of Strikt.tech Rico Jaanipere - Founder of ILUSBike Ralf Ellervee - Founder of Eetos

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  • You're Invited to Prototron 2024 Autumn Batch Pitch Competition! 🚀🏆 Mark your calendars for the highly anticipated Prototron 2024 Autumn Batch Pitch Competition! As the culmination of our program, the TOP 10 teams will showcase their innovative ideas and solutions to a panel of judges. With a prize pool of €75,000 at stake, companies can win up to 35 000 euros funding per team. Event Details: 📅 Date: November 27, 2024 🕔 Time: 4:00 PM - 7:00 PM 📍 Location: Akadeemia tee 21/1, Tallinn - room Veenus Click the registration link in the comments to secure your spot and join us in celebrating these brilliant minds. Don't miss the chance to witness innovation at its finest and support the next generation of changemakers!

  • We're thrilled to announce our TOP 10 companies competing for a €75,000 prize fund! 🚀 And yeah! The selection process was incredibly challenging. These TOP10 startups have shown immense potential, and we can't wait to see their progress in the competition. Learn more about the selected companies and their groundbreaking ideas on our website:

    Prototron Selected TOP 10 Companies to Compete for a €75,000 Prize Fund - Prototron

    Prototron Selected TOP 10 Companies to Compete for a €75,000 Prize Fund - Prototron

    https://prototron.ee

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    1,419 followers

    Mentor Day in Motion 🔮 Our Prototron Mentor Day was packed with insights and expert guidance across five key areas: business development, marketing, legal, finance, and product development. Each team received dedicated 30-minute mentoring sessions, followed by time for mentors to share valuable feedback and notes to help the teams move forward.The day kicked off with a quick welcome and an overview, and then it was full speed ahead with team pitches and deep dives into the core of each business idea. Mentors evaluated each team on their skills and potential, as well as the strength of their ideas and the progress they’ve made so far. After an intense round of mentoring, our mentors and partners gathered for a discussion to identify the TOP10 teams who will keep moving forward in the program. Stay tuned—our TOP10 teams have been announced and are gearing up for their next big challenge: pitch training!  This structured and intensive mentoring system ensures each team gets tailored feedback and the right resources to bring their visions to life.

Similar pages

Funding

Prototron fund 1 total round

Last Round

Seed

US$ 18.0K

See more info on crunchbase