P-Agro Minerals
Riga Technical Universityb2b
Circular Economy
Riga, Latvia
Contact

Problem: "P-Agro Minerals develops and manufactures an environmentally friendly mineral material called Letonite, specifically designed to facilitate phosphorus recovery from wastewater and for its later use as fertilizer for agricultural lands.  We have identified our primary customers as SME industrial wastewater treatment plants (WWTPs) operating in the beer, metal, and meat production sectors. Customers face the pressing issue of high phosphorus (P) concentrations in their wastewater, lacking the resources to enhance their water treatment processes. They are actively seeking solutions that can be integrated into their existing treatment processes.  Our customer's responsibility is to ensure that the effluent water from their WWTP is consistently purified to meet specific P level regulations mandated by law. We conducted over 35 client interviews and several pain points were identified. Currently available treatment alternatives are prohibitively expensive for achieving full removal of P. This cost burden places a significant financial strain on companies. Existing purification methods are limited, unable to effectively operate at high/low temperatures, hindering the P reduction process. Failing to reach the minimum allowable P levels in the discharged wastewater results in annual penalties for treatment companies, adding to their financial burden.  Soil fertilizer industry is another market for Letonite material. After P recovery, Letonite can be integrated in the soil without additional treatment and become a rich nutrient source for plants. We have conducted several client interviews as well as market research and identified a market demand for affordable and sustainable fertilizers.  Phosphorus is a finite and non-renewable resource, primarily obtained from phosphate rock mining, and its reserves are unevenly distributed across the world. As demand for phosphorus-based fertilizers and other products increases with growing population and agricultural needs, future shortages are predicted to occur, leading to higher prices and potential challenges in maintaining food security and sustainable development."

 

Solution: The innovative Letonite mineral material, which recovers phosphorus from wastewater, can be defined as a natural mineral substance possessing high phosphorus adsorption abilities. Its novelty lies in its manufacturing method and potential application in P recovery and use as fertilizer.

 

USP: Letonite, a versatile mineral, offers a unique proposition for wastewater treatment and agriculture due to its high phosphorus absorption abilities. Its powder form serves as an effective coagulant in water, while the rock-like form is useful for filtration. This mineral also assists in pH regulation, making it beneficial for agricultural use. Owing to its high purity, Letonite increases process efficiency, minimizes risks, and guarantees consistent performance.

Next pitch →
October 19
Nominations
In 2023, Stage Two gathers 50+ startups nominated by 40+ university-affiliated entrepreneurship centers and 5-8 wildcards. All spin-offs will pitch their business models live in front of more than 50+ top European venture capital firms and 30+ industry leaders.
€ 3.8 Million
Investments
€ 50k
Cash prizes
Skilling & Accelerate
Workshops
Nominees
HospiChef
WHU - Otto Beisheim School of Management
Agri- & FoodTech
b2b
→ hospichef.com/
PureSurf
Universität Graz
Circular Economy
b2b
→ puresurf.eu/
Celia
HHL Leipzig Graduate School of Management
Digital Health
b2c
ICODOS
Karlsruher Institut für Technologie
CleanTech
b2b
icodos.com
CorFlux
University of Eastern Finland
MedTech
b2b
→ uef.fi/corflux
GEMESYS
Ruhr-Universität Bochum
DeepTech
b2b
→ gemesys.tech
Neutral Farming
IE Business School
Agri- & FoodTech
b2b
neutralfarming.earth
Pedestro
Universitatea Babes-Bolyai (UBB)
Mobility
b2b
Caplyzer
KTH Royal Institute of Technology
CleanTech
b2b
caplyzer.com
P-Agro Minerals
Riga Technical University
Circular Economy
b2b
F4Solutions
TU Berlin
Engineering, Environmental Sustainability
b2b
factor4solutions.com
socialbnb
University of Cologne
Travel
b2b & b2c
→ socialbnb.org/
Biomotion
TU Wien
BioTech
b2b
→ biomotion.tech/
Aestuarium
Maastricht University
BioTech
b2b
aestuarium.nl
EduBoost
Gdańsk University of Technology
EdTech
b2b
→ eduboost.pl/
Magmatic Biomining
INiTS Universitäres Gründerservice Wien GmbH
Circular Economy
b2b
→ magmatic.bio
ATA Mute
TU Eindhoven
Engineering
b2b
atamute.com
Meat Tomorrow
Danish Technological University
DeepTech
b2b
meattomorrow.com
HopfON
Technical University of Munich
Real Estate
b2b
→ hopfon.com
IonKraft
RWTH Aachen University
Circular Economy
b2b
→ ionkraft.com/
Intuitivo
Universidade NOVA de Lisboa
EdTech
b2b & b2c
→ intuitivo.pt/en
Therminer
UPV Universitat Politecnica de Valencia
CleanTech
b2b & b2c
→ therminer.com
VIDO
Warsaw University of Technology
MedTech
b2b & b2c
→ vido.tech
NeuralWave
University of Luxembourg
DeepTech
b2b
neuralwave.tech
apheros
ETH Zürich
CleanTech
b2b
→ apheros.ch
AMPHITRITE
Ecole Polytechnique
DeepTech
b2b
→ amphitrite.fr
BEAT Therapeutics
University of Porto
BioTech
b2b
Noriware
University of St.Gallen
CleanTech
b2b & b2c
→ noriware.com
MgShell
Politecnico di Milano
MedTech/Pharma
b2b
→ mgshell.com/
Tidings
Stockholm School of Economics
Digital Media
b2c
tidings.se
SoulChord
Oxford University
Digital Health
b2c
soulchord.io
UseLess
NTNU Trondheim
Sustainability
b2c
→ useless.ketn.no
Matrix Health & Care
Imperial College London
MedTech
b2b
→ matrixhealthandcare.com/
Smiling Food
Wirtschaftsuniversität Wien
Agri- & FoodTech
b2b
→ smilingfood.at
appose
SRH Hochschule Heidelberg
EdTech
b2b
appose.com
INFINECT
Heriot-Watt University
Engineering
b2b
infinect.space
ANYO Labs
Chalmers University of Technology
IT, BioTech
b2b
→ anyolabs.com/
EsaDres
University of Tartu
MedTech
b2b
esadres.com
Vuala
University of Cambridge
CleanTech
b2b
vuala.co.uk
Madglove
VU Amsterdam
MedTech
b2b
→ madglove.com
CountMeIn
Alba Graduate Business School
FoodTech
b2b
countmein.gr
Vox Aeris
Imperial College London & Royal College of Art
Sustainability
b2b & b2c
voxaeris.com
Greenstock
London Business School
Sustainability
b2b
greenstock.ae
Zenyth Innovations
WU Wien - Vienna University of Economics and Business
CleanTech
b2b
→ zenythinnovations.com
Accuselect
Erasmus University Rotterdam
CleanTech
b2c
→ accuselect.nl
Corgee
KU Leuven
Digital Health
b2b
corgee.be
Biocare company limited
Cape coast technical university
Agri- & FoodTech
b2b & b2c
Prizes
20K Cash
Stage Two Innovation Award
Siemens awards €20,000 to the standout university spinoff at Stage Two 2023, celebrating innovation and entrepreneurial spirit.
30K Media Budget
Stage Two Movement Award
DvH Ventures awards €30,000 media budget to the startup with the most compelling audience pitch at Stage Two 2023.
800K
HTGF Deep Tech Award
Subject to due diligence by HTGF, one startup individually selected by HTGF gets offered a potential investment worth 800.000€.
750K
Redstone investment prize
Subject to due diligence by Redstone, one startup individually selected by Redstone gets offered a potential investment worth 750.000€.
400K
AtlanticLabs investment prize
Subject to due diligence by AtlanticLabs, one startup individually selected by Atlantic Labs gets offered a potential investment worth 400.000€.
400K
b2venture investment prize
Subject to due diligence by b2venture, one startup individually selected by b2venture gets offered a potential investment worth 400.000€.
350K
Onsight Ventures investment prize
Subject to due diligence by Onsight Ventures, one startup individually selected by Onsight Ventures gets offered a potential investment worth 350.000€.
300K
xDeck investment prize
Subject to due diligence by xDeck, one startup individually selected by xDeck gets offered a potential investment worth 300.000€.
250K
STS Ventures investment prize
Subject to due diligence by STS Ventures, one startup individually selected by STS Ventures gets offered a potential investment worth 250.000€.
200K
Fund F investment prize
Subject to due diligence by Fund F, one startup individually selected by Fund F gets offered a potential investment worth 200.000€.
150K
Peak investment prize
Subject to due diligence by Peak, one startup individually selected by Peak gets offered a potential investment worth 150.000€.
100K
Earlybird investment prize
Subject to due diligence by Earlybird, one startup individually selected by Earlybird gets offered a potential investment worth 100.000€.
50K
ROI Ventures investment prize
Subject to due diligence by ROI Ventures, one startup individually selected by ROI Ventures gets offered a potential investment worth 50.000€.
Skilling
EIC Readiness Workshop
Zaz Ventures, the leading EIC Accelerator consultancy, offers a Skilling Prize to one exceptional early-stage startup at Stage Two: They will offer dedicated strategy development sessions to build the foundation for an application to the EIC Accelerator.
Skilling
Premium Access to PatentPlus Innovation Platform
PatentPlus is a data analytics platform that provides companies with insights and access to available technologies and partnership opportunities. Platform user benefit from a wide range of services including patent-based technology scouting and benchmarking of external partners and suppliers.
Skilling
Problem Solving Workshop
The winners of the Stage Two Innovation and Movement awards will receive valuable support, guidance and mentoring from McKinsey & Company.
Skilling
Tech for Good Award
The winners of the Tech for Good award will receive valuable impact management training and coaching from experienced Value for Good impact advisors.
Accelerate
Fast-track-to-IC
The victorious startup will have the opportunity to present directly to the investment committee. During this session, it will be determined if Armilar initiates the due diligence process.”
Accelerate
Fast-track-to-IC
The victorious startup will have the opportunity to present directly to the investment committee. During this session, it will be determined if SquareOne initiates the due diligence process.
Accelerate
Fast-track-to-IC
The victorious startup will have the opportunity to present directly to the investment committee. During this session, it will be determined if Contrarian Ventures initiates the due diligence process.”
Accelerate
B2B Sales Bootcamp
UVC Partners gives you a kickstart into B2B sales. Tap into our team's experience, take a shortcut with distilled learnings from our best founders and leverage our network of +250 corporates!
Accelerate
FoodTech Bootcamp
FoodLabs provides the winning team with multiple mentoring sessions on fundraising, B2B or B2C sales and talent & organizational development delivered by their investment and venture development teams.