Sveiki!
2022 is an exciting year! We start the journey from Latvia with a new role.
We are one of the ten SilvaTech Growth Accelerator cohorts!
SilvaTech is a free international startup acceleration program powered by JSC Latvia’s State Forests (LVM) and Startup Wise Guys (SWG) accelerator to promote innovation and efficiency within the forestry sector.
LVM is the largest forest management company in Latvia. It manages 1.63 million hectares of state-owned forest property and public forest. The area is about one-fourth of Latvia. LVM preserves the environment, produces high-quality timber, and generates income for the country.
SWG is one of the most active early-stage investors in Europe and is listed among the Top 50 most active investors globally on Crunchbase. SWG invested in more than 250+ early-stage startups with founders from more than 40 countries.
SilvaTech is a hybrid (online & offline) 8-month-long acceleration program with four stages. Stage 4 is the Growth Accelerator focusing on product and market development, scaling up the business, and potential partnership with LVM. Growth Accelerator welcomes any Latvia-based or international forest-tech startup that has a product with a proven technological readiness of production (at least in technological demonstrations or prototypes with TRL6).
All these sound very attractive to us. Forestry is one of our major markets. We work with forestry companies in Indonesia, Australia, Mexico, Brazil, Chile, and Portugal. With all these global exposures, we have some innovative ideas that we would like to be examined by forestry experts. SilvaTech can validate our assumptions and accelerate our growth.
We should join SilvaTech to improve ourselves faster. We can meet the requirement and commit to the program. We want to work with LVM and SWG!
We submitted our application in early December. Then came the challenging application process. The questions from SWG, LVM, and SFS (the State Forest Service of Latvia) helped us think out of the box. We learned valuable lessons from other startups. It was a very fruitful engagement.
After three rounds of interviews, product demonstrations, and in-depth Q&A, SWG and LVM selected RoboticsCats as one of the ten cohorts! Cool!
The SilvaTech Growth Accelerator kicked off last week. We discussed with SWG and LVM the goals we want to achieve in the next three months. The coming ten weeks are full of inspiring programs and meetings. It is fascinating to work with cohorts to explore new digital technology use cases in forestry. We are looking forward to meeting more forestry professionals in Europe on the demo day in late March!
Please feel free to contact us at info@roboticscats.com for any questions and information.
