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12.12.23

Countries
Estonia

Estonian startup Inspectle Food raises €400k to streamline food inspections

Tallinn-based startup Inspectle Food has raised €400,000 in Pre-Seed funding led by Change Ventures, with the participation from Firstpick and Heartfelt_. The company streamlines food inspections, reduces costs and waste, and ensures safer food for consumers, Tech.eu reports. Who invested

06.12.23

Countries
Estonia

Estonian QANplatform secures $15M to advance quantum-resistant blockchain technology

Tallinn-based QANplatform, a quantum-resistant Layer 1 blockchain, has secured a $15 million investment from MBK Holding. The startup plans to launch a new testnet. “Working alongside MBK Holding and their team is truly an honor. QANplatform is driven by the

06.12.23

Countries
Estonia

Tallinn-based R8 Technologies, a digital building operator, closes an investment round

R8tech has announced the closing of an undisclosed investment round by partnering with Panasonic Corporation, Encevo, and Møller Eiendom. The round aims to support further international expansion of R8 Technologies. “We are honored to share a joint sustainability mission with

05.12.23

Countries
Estonia

Estonian producer of sustainable carbon nanomaterials UP Catalyst closes a €4M round

Tallinn-based UP Catalyst, a company focused on sustainable carbon material production from CO2 emissions, has closed a €4 million led by Berlin-based climate tech VC fund Extantia and supported by Estonia’s state fund SmartCap, according to Techcrunch. “As raw material suppliers,

30.11.23

Countries
Estonia

Estonian VC Superangel co-leads a €1.75M round for BeCause

Denmark-based sustainability tech startup BeCause has secured €1.75 million in a fresh seed funding round. Estonian VC firm Superangel co-led the investment together with Ugly Duckling Ventures, PhocusWire reports. “We came in as a co-lead on this fundraising because we

28.11.23

Countries
Estonia

Siena Secondary Fund acquires a stake in Estonian energy storage company Skeleton Technologies

Siena Secondary, Tallinn-based VC fund focused on startups from the CEE & Nordics, has acquired a stake in Skeleton Technologies. The deal details were not disclosed. “As we move towards a more sustainable future, Skeleton Technologies’ cutting-edge solutions will play

21.11.23

Countries
Estonia

Startup of the Day: Estonian cleantech Efenco

Efenco develops Cold-Plasma-Assisted Carbon Neutral Combustion technology for industrial heat production. The startup claims that its HERC technology slashes CO2 and fuel costs by at least 18% in energy-intensive industries. Recently, Efenco, received a €4.5 million in funding. Currently, Efenco

17.11.23

Countries
Estonia

Estonian gametech Sisu Group secures €14M in funding

The former founders of Coolbet have established Sisu Group, based in Tallinn. Recently, it has secured €14 million in funding. The round was led by Level Up Entertainment. “Our vision extends beyond mere financial success. Sisu Group’s aim is to create

16.11.23

Countries
Estonia

Estonian cleantech Efenco closes €4.5M round for slashing carbon emissions

Tallinn-based Efenco, the cleantech startup that aims to accelerate the transition to low carbon technologies, has closed a total of €4.5 million, led by Ivo Remmelg for EstBAN Syndicate and grants from the EU’s European Innovation Council, it informed AIN.Capital. The funds

13.11.23

Countries
Estonia

Estonian AI startup Fyma secures $2.1M investment from Quandri Ventures

Estonian AI startup Fyma has secured $2.1 million in an investment round led by Quandri Ventures with participation from Second Century Ventures, Startups Magazine reports. “Fyma stands at the forefront of AI automation, delivering fresh insights to global property and