The Baltic states of Estonia, Latvia, and Lithuania are competing in the TECH5 event, facing rivals from six regions to determine Europe's top scaleup. Despite their small combined population of over six million, they are known for innovation, digital infrastructure, and supportive government policies. Estonia excels in unicorn density and e-government, Latvia is recognized as Europeâs most startup-friendly nation, and Lithuania showcases rapid growth potential in its startup ecosystem. The competition at TECH5 reflects the remarkable achievements of these countries in fostering scaleups.
Designed for city use and streamlined deliveries, the four-wheel drive bikes have a range of 100km and a top speed of 25km/h. According to Vok, the system saves users up to 70% annually in maintenance expenses.
The region is the birthplace of a remarkable range of innovations, startups, and scaleups. Collectively, the three states are renowned for strong digital infrastructure, tech-savvy populations, global mindsets, and government policies that support innovation.
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