Countries. Estonia - page 18

Estonian e-bike maker Ampler joins Kõu Mobility Group 

Two Estonian-based companies Ampler and Kõu Mobility Group announced that they will join forces, to strengthen their position in the micromobility industry and to continue making emotive zero-emission commuting accessible for everyone. Kõu Mobility Group, becomes the majority shareholder, holding

Estonian unicorn Veriff lays off 12% of its employees

Tallinn-based identity verification company Veriff is laying off 12%, or 66 people, of its employees across teams around the world. As a result of the layoff, the company will retain just over 500 employees. This is happening only a year

Estonian biotech ÄIO raises €1M to make alternative oils and fats

Tallinn-based biotech startup ÄIO has raised €1 million in fresh funding to develop and produce alternative oils and fats for the food industry. Nordic Foodtech VC, EAS, and several other partners provided the funding, The Spoon reports.

Estonian Spring Capital co-led a €3M seed round for Danish fintech Uniify 

The Copenhagen-based startup Uniify which offers a one-stop platform for financial companies to collect data on their customers has raised €3 million in a seed round led by People Ventures, Forward VC, and Spring Capital. The funding will support its

Estonian Trind VC led a €550k round for home services marketplace Webel

The Madrid-based marketplace Webel which allows users to easily search and book any service for their homes has received €550,000 in a round led by Estonian fund Trind VC. The investment will be used for further scaling the Webel platform.

Estonian medtech Nanordica Medical raises €375k in a seed round

Tallinn-based medtech startup Nanordica Medical has raised €375,000 in an oversubscribed seed funding round. Estonian health and startup investors including Erki Mölder, Heidi Kakko, and Martin Goroško led the round, ArcticStartup reports. “Our solution provides 8 times more effective infection treatment compared to

Estonian cybersecurity startup RangeForce secures ＄18.5M

Estonia-founded cybersecurity startup RangeForce has raised $18.5 million in fresh funding from undisclosed investors. The round was closed back in December 2022 to deal with the shortage of cybersecurity professionals, Invest in Estonian informs. “RangeForce is proof that success is

Estonian EV charging VOOL secures €1.7M in a seed round

Tallinn-based electric vehicle charging solution VOOL has secured €1.7 million in its latest seed funding round. Specialist VC is the lead investor. Several other influential investors, including the former President of Estonia Kersti Kaljulaid, also joined in the round, Invest

Estonian startup Pointship receives funding from Startup Wise Guys

Pointship, an Estonia-based startup, has received an undisclosed investment from Startup Wise Guys, an Estonian B2B startup accelerator. The startup offers the opportunity to turn all kinds of digital assets into NFTs.