Countries. Estonia - page 22

Estonian AI startup Klaus raises ＄12M in Series A

The Tallinn-based AI-powered platform Klaus has raised $12 million in Series A round of equity funding led by Acton Capital. The previous investors Icebreaker, Creandum, and Global Founders Capital also participated, the company told AIN.Capital. Founded in 2017 by Kair

Estonian startup KOOS receives ＄4M from Wise co-founders

The Tallinn-based SaaS platform KOOS has received a $4 million seed investment from one of Wise co-founders. The startup enables businesses to grow with their community, Tech Funding News reports. Founded in 2021 by Taavi Kotka, KOOS is a reward

Estonian biotech startup Gelatex opens €15M Series A round

The Tallinn-based biotech startup Gelatex has opened a Series A round, set to raise €15 million to produce meat alternative. It doesn’t harm any animals and consists of nanofibers, Invest in Estonia informs. Founded in 2016 by Mari-Ann Meigo Fonseca

Estonian Trind VC launches €55M fund

The Tallinn-based venture fund Trind VC has closed its €55 million second fund to back European startups. The new fund will support 30-40 consumer and SME-focused companies, Tech.eu reports. “Our investment thesis is quite simple. We are looking for startups

Estonian fintech startup Monese raises $35M 

The Estonian-founded fintech startup Monese has raised $35 million in funding from HSBC, the largest bank in Europe. The investment will support the startup’s move into the Banking-as-a-Service business, Invest in Estonia reports. Founded in 2013 by Norris Koppel, Monese is

Estonian insurtech Insly raises €1.1M in a bridge funding

Insurtech Insly has completed a €1.1 million bridge funding round, bringing a total of €5.8 million in investments. The existing investors Concentric, Uniqa Ventures, and the angel syndicate Fund Fellow Founders co-financed the startup, Insurance Times reports. Founded in 2014

Estonian proptech startup Bidrento raises €800k in a follow-up round

The Tallinn-based proptech startup Bidrento has raised €800,000 in a follow-up seed funding round for European expansion. The company automates the management of rental properties, Tech.eu reports. Founded in 2019 by Natalja Napsep and Taavo Annus, Bidrento develops rental property management software, aiming

Estonian relocation platform Jobbatical raises €11.6M

The Tallinn-based job immigration and relocation platform Jobbatical has raised an €11.6 million Series A funding round to make worker migration paperless. Inventure led the round, supported by Union Square Ventures, Swiss Post Ventures, Karma VC, Metaplanet, Devotion Ventures, TechCrunch

Livonia Partners raises €157M for its Fund II

The largest pan-Baltic investment firm Livonia Partners has raised €157 million for its second fund. The Fund II investment strategy is to have sustainable growth prospects and a positive impact on society, and the environment. “The Baltic investment universe has