News

Commercialization Reactor has created the leading cooperation network of Latvian and international universities, in order to promote the commercialisation of science in Latvia. This includes 30+ universities and research centres, such as University of Latvia, Latvian Institute of Organic Synthesis, Institute of Solid State Physics, University of Ljubljana, University of Maribor, University of Salamanca, National Polytechnic University of…

We are very honoured that PrintyMed and PurOceans, which are born in Commercialization Reactor, are selected as TOP5 finalists in the National Final of the Entrepreneurship World Cup. It will take place on April 3rd, at 14:00. The winner of the Nation Final will participate in the Global Final, with a prize…

We were invited to the University of Latvia! Thrilled to share that Commercialization Reactor was invited to present its successful science commercialisation experience to the brilliant minds at the University of Latvia. The lecture took place yesterday, on March 21st. Lecture Highlights: 📌 Presentation by CEO and Founder of Commercialization Reactor – Nikolai Adamovitch:• Ways of commercialization,…

We are excited to share that a dynamic delegation from Latvia, comprising of some of the most game-changing deep-tech startups and forward-thinking organisations from Latvia’s deep-tech ecosystem, will participate at the Hello Tomorrow Global Summit 2024 🌍 Important shoutout to EMPYRIO, born in Commercialization Reactor, which secured its own stand at the Hello Tomorrow Deep Tech…

“One of the ways in which mature companies can maintain their competitiveness and be one step ahead in changing market conditions is to form collaborations with startups, thereby diversifying risks, gaining faster access to innovations and new talents.” — Dr. Krishnaswamy SANKARAN | Senior Industry Leader | 2020 Mission Innovation Champion | 2021…

As a nation, we are dedicated to transforming our economy, and Commercialization Reactor (CR) is honoured to be a part of this journey! Recently, we had the privilege to host Ms. Irēna Emīlia Švilpe, Economic Adviser to the President of Latvia, and Ms. Santa Šmīdlere, Adviser to the President of Latvia on Education,…

On behalf of the Commercialization Reactor Team, we extend our heartfelt wishes to all the amazing women who contribute to innovation, progress, and success every day. 💪🚀 At Commercialization Reactor, we are committed to fostering a culture of equality, inclusivity, and empowerment. Over the past four years, we’ve seen incredible strides towards gender…

“If we want a national economy with higher added value not only “on paper”, but also in reality, then Latvia has to form international consortia, combine our talents with international ones, because only this way will we be able to create viable science-intensive startups worthy of state investment.”— Ilona Gulchak | Chairperson…

Important announcement for the Startup Community!“Uniting the Latvian Innovation Ecosystem. 2024 Kick-off event by EIT Community RIS Hub Latvia”. Commercialization Reactor has become host of EIT Community RIS Hub Latvia!Inviting all Startup Community to a unique event: On 1st of March, the EIT – European Institute of Innovation and Technology Сommunity RIS Hub…

We are super excited to announce that our 30-day Space Challenge has officially started! The Space Challenge was kicked-off by an introductory lecture presented by Angelina Bekasova:- Director for International Relations and Industry Development at the LAIK – Latvian Space Industry Association; – Senior Expert & the Head of Space Policy of the Ekonomikas…

“Latvia has every opportunity to become a center of technology and innovation in the Baltics, because we have many talented scientists and also the best “deep tech” program in Europe [Commercialization Reactor’s “CR: Deep Tech Creation-to-Capital Cycle”], where they meet with cooperation partners, mentors and potential investors.” (Nikolai Adamovitch, CEO/Founder…

We are super excited to share the Latvian Startup Report from our friends at Latvian Startup Association Startin.LV 🌟🤩 ❗️ Commercialization Reactor is very proud to be featured as one of the key players in the Latvian Startup Ecosystem, showcasing previous year’s highlights, such as:🏆 startup portfolio highlights and achievements: PrintyMed, WatchBuilt, Eventech and PurOceans Technology🏆 our…

Challenge your idea for applications in one of the fastest-growing industries globally – Space Industry! No prior knowledge of space economy required! The program will give you a chance to discover whether your business idea or project has a role to play in the space industry – now opening doors…

Last week, Commercialization Reactor (CR) participated in the Latvian Business Angels Network (LatBan) Connect2Scale Kick-off event, filled with experience exchange by the vibrant deep-tech ecosystem in the Baltic region.  Here are some highlights: 📈 Cyril Golub, Chairman of the Board at LatBan, kicked off the event by presenting a comprehensive review of LatBan’s achievements in…

Have you ever considered space as your next opportunity? Commercialization Reactor, in cooperation with the LAIK – Latvian Space Industry Association, invites you to ponder your potential role in the dynamic space economy.  Are you ready to embark on a journey into the cosmos? 🌌 Space, being one of the fastest-growing industries…

We’re proud to announce that PrintyMed, OLEC, and Oruga from our portfolio will be showcasing their innovations at sTARTUp Day 2024 in Tartu, the premier business festival in the Baltics.🚀 -🕸️PrintyMed: Revolutionizing the field with artificial spider silk technology for 3D bioprinting and medical devices. -💡OLEC Technology: Advancing with their Organic Light-emitting…

We are super excited to share that Commercialization Reactor is participating in a joint international effort to launch the Start’Ship project 🚀, with the main goals to promote, develop and strengthen the entrepreneurial skills of higher education students through practical activities and an interactive training programme! 🎓 The overall objectives of the project are…

As we bid farewell to the festivities and reflections of the Holiday Season, Commercialization Reactor is welcoming 2024 on a high note! 🎉 The past year was full of role-defining achievements & EU recognition, where we continuously elevated our home-country Latvia as one of the key players in the European…

🏆 Sustainability Impact News: PurOceans Wins in “Climate Innovations” Category at Baltic Sustainability Awards! 🌍🌊 Bringing news that played an important role in the Baltic Startup Ecosystem at the end of the 2023, was the 1st place award to our portfolio startup PurOceans Technology at the Baltic Sustainability Awards, which was organised by Helve,…

🎄✨ Merry Christmas and Happy Holidays! 🌟🤝 As we wrap up another remarkable year, we want to take a moment to express our heartfelt gratitude to all our incredible audience: friends, colleagues, partners, scientists, entrepreneurs – you have been an integral part of our journey. Your support and collaboration have…

We’re very proud to share that two exceptional women from Commercialization Reactor platform and Fund, Ilona Gulchak and Ella Kalnina, have been recognised in the “Top 100 Women in VC in CEE.”! 🔹 Ilona Gulchak is Managing Partner at Commercialization Reactor as well as Chairperson of the Board at Commercialization Reactor Fund. Her rich background in banking, finance, and management, combined…

Just over a year ago, WatchBuilt team was born at the Commercialization Reactor’s 20th Ignition Event, with technology from the University of Maribor and Entrepreneurs from Latvia and Croatia just starting their journey together. Today – celebrating a remarkable milestone – 1st Place at the EIT Jumpstarter Grand Final 2023 in the EIT Digital Category! And what a…

Meet us on December 2nd at “Innovations Academy”, where Ilona Gulchak will be sharing the experience of Commercialization Reactor’s methodology and approach to science commercialisation, which was recently recognized by the EIT Deep Tech Talent Initiative as the “Best Deep Tech Program in Europe”! 🚀🌐

We are extremely proud to announce that our startups, WatchBuilt and PrintyMed, born in Commercialization Reactor – the international platform for science commercialisation, have secured their spots in the highly anticipated EIT Jumpstarter Grand Final! 🌍✨ 🗓 The Grand Final will take place tomorrow on November 30 in Athens, Greece! 🔗 The video stream will be available…

Commercialization Reactor is recognised as Nr.1 Deep-Tech Program Provider for Talent in Europe! 🏆 It’s incredible honour to be announced as Winners for our program, “CR: Deep Tech Creation-to-Capital Cycle,” at the EIT Deep Tech Talent Initiative awards ceremony., which we can now proudly call the Best Deep-Tech Program in Europe!🏆 🎖…

Fingers crossed!🤞 We are excited to share that for the 1st time Commercialization Reactor is bringing it’s proprietary Full-Cycle 3-step Talent Transformation Methodology, (“Deep Tech Creation-to-Capital Cycle”) to compete for being recognized and acknowledged as Best Deep-Tech Program in Europe, evaluated by EIT – European Institute of Innovation and Technology! 🔥🔥🔥💪  ⏰ The…

The second edition of Hello CleanTech programme for cleantech start-ups, entrepreneurs and innovators is on! Join us and find potential investors, partners and customers. By taking part in the programme you can gain: Access to services provided by programme partners in specific tracks, Get support from technology experts and mentoring…

🚀 What a Take Off! 🚀 We bring you some updates and numbers from the 22nd Ignition Event by Commercialization Reactor (CR) – unique matchmaking platform for ambitious entrepreneurs and world-class scientific teams to launch their deep-tech startups – which took place on October 6th & 7th, 2023! During the…

This year at NORDEEP Summit, our Managing Partner, Head of Entrepreneurship & Ecosystem Architect at Commercialization Reactor –  Anton Adamovitch – delivered a spectacular keynote with a title “In the Mind of Deep Tech Founder” to the excited audience of the deep tech business summit! 🎉 The keynote was followed by…

🚀 Big News! Commercialization Reactor portfolio company Fintelligence represented Latvia at the Nordic Fintech Week – the largest gathering of thought leaders, disruptors, innovators, and dreamers in Fintech in the Nordics, set on pushing the boundaries of financial technology, exploring new trends, and discussing the future of finance. Plus, Nordic Fintech Magazine highlighted Fintelligence…