Countries. Estonia - page 12

Estonian Nortal buys Questers. It is to be integrated into pwrteams

Tallinn-based international technology company Nortal has announced the acquisition of Questers, a decentralized software development company. The seller is UK-based TPXimpact. The amount of the deal is not disclosed, but it is known that after the closing, Nortal will merge

Estonian TrustLynx raises over €300K to expand its trust services

Tallinn-based startup TrustLynx has raised over €300,000 led by the Startup Wise Guys accelerator fund and FundingBox.VC. With this investment, the startup aims to expand its presence across Europe, TrustLynx informed AIN.Capital. “This funding is a significant step in our

Estonian legal tech startup Avokaado secures €1.2M led by Tera Ventures

Tallinn-based Avokaado, a company providing a contract lifecycle management platform for law firms m has secured €1.2 million, led by Tera Ventures. The company also aims to release its newest AI-ready upgrade, Tech.eu reported. “Our mission to rewrite the Contract

Estonian startup Binalyze raises $19M in Series A funding

Tallinn-based digital forensics startup Binalyze has raised $19 million during its Series A investment round. This round was led by Molten Ventures with participation from Earlybird Digital East, OpenOcean, Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital. “Investigation speed post-incident is crucial,

Finnish re-commerce shop Mjuk receives €2.5M from Trind Ventures

Estonian Trind Ventures led the €2.5 million round for Mjuk, Helsinki-based marketplace for buying and reselling used furniture. The round saw participation from Alliance VC, Superhero Capital, Lifeline Ventures, and aims to accelerate Mjuk’s growth. About Mjuk The list of investors “The

Estonian space tech KappaZeta receives €480k of additional funding

Tartu-based space technology startup KappaZeta has received €480,000 in funding from a group of investors. KappaZeta aims to create a global and frequently updated dataset regarding forest biomass and carbon stock.

Estonian VOOL raises €2.9M to scale its EV charging serial production

EV charging startup VOOL has raised €2.9 million, of which €1.3 million is an additional seed investment funding and €1.6 million is a grant. The investment was led by Specialist VC with participation from angel investors, including the former President of Estonia

Veriff plans another layoff. This time, Estonian unicorn will fire 55 people

Tallinn-based identity verification company Veriff filed a collective redundancy notice with the Unemployment Insurance Fund on 22 August, citing the difficult global market situation. The company is laying off another 55 people, mainly from its Tallinn team. “Veriff’s fixed cost

Siena Secondary Fund buys a stake in Ōura Ring

Tallinn-based venture capital Siena Secondary Fund has bought a secondary stake in Ōura Ring, a Finland-based healthtech scaleup renowned for its smart ring technology. This acquisition brings new opportunities for the scaleup’s growth, ArcticStartup reports. “We are thrilled to be part