Countries - page 33

Estonian startup Elcogen receives €45M strategic investment from HD Hyundai

Estonian green hydrogen startup Elcogen has received €45 million as part of the strategic investment carried out by South Korean HD Hyundai Group. The deal will further deepen the collaboration on emission-free power generation systems as well as green hydrogen

Estonian fintech Cino secures €1.4M from Tera Ventures, APX, and Atomico

Tallinn-based fintech startup Cino has secured €1.4 million in fresh funding to make group payments easier. Tera Ventures, APX, and Atomico Syndicate participated in the round, Tech.eu reports. “People spend a lot together, from rent, groceries, trips, dinners, and drinks.

Finnish energy tech startup Capalo AI raises €500k

Kuopio-based energy technology startup Capalo AI, has raised €500,000 in a pre-seed funding. The investment was led by Innovestor, with participation by Inventure. Capalo AI will use the funding to further develop its virtual power plant (VPP) and scale up its team. “Armed with

Startup Wise Guys launches Fourth Sustainability Acceleration Program

Estonian accelerator Startup Wise Guys has announced the launch of its Fourth Sustainability Acceleration Program. A batch of ten early-stage B2B sustainability startups can get up to €120,000 convertible investment and potential €250,000 follow-on. Applications are open till January 18, 2024.

Finnish startup Phaver raises $7M to make Web3 onboarding easier

Helsinki-based Web3 platform Phaver has raised $7 million in a seed funding round to make onboarding to web3 social platforms more accessible, TechCrunch reports. The investors are Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, and Superhero

Estonian logistics startup MyDello secures €1.25M to scale its digital solutions

MyDello, a Tallinn-based logistics platform, has secured €1.25 million funding round led by Finnish VC Superhero Capital. The investment will help the startup to expand its solutions in Finland and the Netherlands, Tech.eu announced. “The logistics industry needs modernisation as

Estonian agritech startup Paul-Tech raises €1.4M

Tallinn-based agritech startup Paul-Tech that gives farmers and land managers real-time insights to improve their soil management has raised a €1.4 million in a seed round to expand into the UK market. The investment was led by Estonian fund Superangel. About the startup

Startup of the Day: Estonian TrustLynx, software solution for integration trust services

Launched by Edgars Stafeckis and Keit Kivisild in Tallinn, Trystlynx provides solutions to introduce new digital products and transform their legacy systems with integrated trust services. The startup offers services such as digital identities, e-signatures, e-sealing, validation, and other essential

Lithuanian Vinted Go acquires Homerr, a Dutch delivery scaleup

Vilnius-based company Vinted Go, which is part of Lithuania’s unicorn Vinted Group, has announced the acquisition of Homerr, a Dutch delivery scaleup. The companies do not disclose the amount of the deal, but it will enable both organizations to deepen

Nova Post launches in Slovakia. It is the sixth EU country for the company

On October 6, Nova Post informed AIN.Capital about the opening of its first branch and starting courier delivery in Bratislava. Slovakia has become the sixth country in the EU where Nova Post started its operations. “Our main task is to