The Latvian start-up Vigo that provides a digital rehabilitation tool for stroke recovery won the grand prize of € 10 000 no-strings-attached cash in the accelerator program organized by the European fintech unicorn Adyen, as well as mentorship from some of the Adyen’s most talented experts.
The Latvian company participated in an accelerator program with 9 other companies from the UK, Spain and the Netherlands, and competed for the main prize. The one-week program took place in Amsterdam, ending with the pitches.
“We are first and foremost pleased with the knowledge gained through the program and the contacts we now have with Adyen experts, whose experience is very useful for us at this stage of the development. And, of course, winning the grand prize is a powerful incentive for our entire team to continue their work,” says CEO of Vigo Kristaps Krafte.
The start-up Vigo was founded in late 2018. It offers a personalized digital therapy program for stroke patients, including cognitive behavioral therapy, physiotherapy, and patient education to help users return to their daily lives faster. Vigo works with the top experts in the field in Latvia from NRC “Vaivari” as well as foreign professionals to ensure a science-based approach to rehabilitation.
The cash prize will be invested in the further growth of the company.
Adyen is a global fintech company based in Amsterdam in 2006 offering payment technology solutions for brands like Spotify Technology SA, eBay, Netflix, Uber, Gap Inc., etc. Launched as a start-up, it became the 6th largest unicorn in Europe at a valuation of $2.3 billion in 2015.