Progress Update Q4/Q1
RedFrog wins €10,000 grant from SEB Bank
We are thrilled to announce that RedFrog has been awarded a €10,000 grant from SEB Latvia bank as part of the “(ie)dvesma” grant program, organized by SEB in collaboration with seven municipalities across Latvia to support and accelerate entrepreneurship.
The “(ie)dvesma” program is highly competitive, with a large number of applicants from across Latvia and only one company ultimately receiving the grant in this category, making the selection a strong recognition of both innovation potential and business viability.
Our co-founder Madara Kalniņa-Kalnmale was honored to be invited to the ceremony and represent RedFrog among other inspiring entrepreneurs and innovators.
This funding will be invested in further developing our Indoor Navigation and Tracking solution—helping us move closer to seamless, data-driven digital experiences in large buildings such as hospitals, factories, and event spaces.
A huge thank you to SEB – one of the leading financial institutions in Northern Europe – for recognizing our potential and supporting companies that drive innovation and create meaningful impact. 
We’re excited for the journey ahead! 
#RedFrog #RTU #EU #Grant #Innovation #Research #Ultrasound 🚀🐸
