Countries. Estonia - page 2

Lithuanian VC firm Raft Capital Management launches €50M fund for Baltic companies

Raft Capital, a Vilnius-based investment fund set up by private equity fund manager Raft Capital Management, has launched its fresh €50 million fund to invest in companies across the Baltic States. The fund will also look for acquisitions in the

Estonian startup Bisly raises €6.2M Series A to expand its smart building platform

Bisly, a Tallinn-based startup providing smart building automation solutions, has raised a Series A round totaling €6.2 million. The list of investors includes Foxway founders, joined by Aconterra, SmartCap Green Fund, Pinorena Capital, and several angel investors. The round will

NATO selects the first AI, robots, and space tech companies to invest in as part of its €1B fund

The consortium of NATO allies has approved the first group of companies that will receive financing within the framework of the NATO Innovation Fund in the amount of €1 billion euros. The fund is aimed at supporting European technology companies

Startup Wise Guys invests up to €100k in 15 startups

The Estonian accelerator Startup Wise Guys has announced its investment of up to €100,000 in 15 SaaS, sustainability, and cybersecurity startups. The program takes place in Bilbao, Spain and lasts three months. Within 6-8 months the startups can also receive follow-up

Startup of the Day: Esgrid, an Estonian provider of value chain sustainability management solutions

Founded in 2023, Esgrid provides value chain sustainability management solutions for medium-sized enterprises and financial institutions. Its platform helps businesses assess, manage, and improve their value chain sustainability impact, ensuring compliance with ESG standards. Currently, over 100 companies uses ESG data on the

CEE startups secure $11.8B in funding for Q1 2024 — report by Vestbee

In the first quarter of 2024, global startup funding decreased to the second-lowest level since 2018, amounting to only $66 billion, representing a 6% QoQ increase but a significant 20% YoY decrease. Meanwhile, after significant growth from 2014 to 2021,

Estonian-founded biotech ExpressionEdits raises $13M in a seed funding

ExpressionEdits, a Cambridge-based biotechnology company optimizing protein expression using AI and proprietary intronization technology, has raised $13 million in a seed funding round. Octopus Ventures and redalpine co-led the investment. The funding will accelerate the startup’s product development and candidate

Estonian SensusQ raises €3.8M for its defense intelligence software

The Tallinn-based defense tech SensusQ has raised €3.8 million from the US-based VC firm New North Ventures and angel investors. The investment will enable SensusQ to expand its team and meet growing market demand, according to Tech.eu. About SensusQ Details of the

Latvian startup RivalSense raises funding to advance its AI-driven competitor insights tool

The Riga-based AI startup RivalSense has announced to AIN’s team its new angel round led by Change Ventures. Fiedler Capital and local business angels are also participating. RivalSense will use the investment to nail scalable user acquisition and introduce additional