Angels will invest into Granarium Technologies and DogBase after the Latitude59 Pitch Competition Win

22 May, 2026

With around €300 000 euros on the line by angel investors, this year’s L59 Pitch Competition tested some ambition, ideas, team and timing. We cheered for all TOP 7 startups that made it to the finals, and are happy to announce that EstBAN, LatBAN and FiBAN angel syndicates will be split between two strong startups – up to €200 000 goes to Granarium who produces renewable supercapacitors for grid-scale power stabilization, and up to €100 000 for DogBase that is developing an AI-powered operations and training platform for professional working and rescue dog teams.

Up to €200 000 goes to Finnish startup Granarium Technologies

EstBAN lead investor and BSV partner Jana Budkovskaja and co-lead David Clark say that the Granarium Technologies’ up to €200k investment reflects the current needs in the global economy. “A key structural shift is that storage is no longer just a ‘backup power’ – it is becoming core grid infrastructure. Granarium is the perfect addition to our angel investment portfolio because the company is solving a massive global challenge in a safe and scalable way. We are impressed with their technology and experience, as well as the capacity to use local raw materials to make the production process sustainable and inexpensive,” Jana Budkovskaja explains.

  • Granarium Technologies is a Finnish deep-tech specializing in developing 100% renewable supercapacitors made from nanocellulose and activated carbon, designed to stabilize electricity grids and manage power fluctuations. Granarium Technologies was founded in 2022 by Paula Viinamäki (CEO), Otto-Ville Kaukoniemi, and Vesa Kunnari.

Up to €100k investment is announced for Estonian DogBase

And second part of the overall up to €100k investment goes into DogBase, the working and rescue dog training platform solving a specific need for dog trainers whose end goal is to save human lives. “We were convinced by the team’s deep domain expertise as well as clear market validation, with a strong share of users converting into paying customers. This combination of real-world impact, functional technology, and a validated business model gave us the confidence to invest. The team behind could not be better with awesome Echo the dog,” Budkovskaja says.

  • DogBase is an Estonian based, AI-powered operations and training platform built specifically for professional working-dog teams, including K9 Search and Rescue (SAR), law enforcement, military units, and service dog programs. It replaces outdated paper logs and spreadsheets with mobile-friendly tools to track training progress, certifications, and health records. DogBase was founded in 2022 by Almog Koren, an active SAR dog handler with a military special forces background.

FIRSTPICK is investing up to €150,000 in Lithuanian startup Backoffice

Lithuanian venture capital fund FIRSTPICK is investing up to €150,000 in Lithuanian startup Backoffice, which is developing a workforce management solution for restaurants.

The Vilnius-founded startup Backoffice (building workforce management and operations software for the hospitality industry) was founded in 2025. The company was created by founders Erikas Pakenas and Denis Stech.

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