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03.05.24

Estonian Bolt secures €220M syndicated revolving credit facility

Bolt, a global shared mobility business headquartered in Tallinn, has secured a €220 million syndicated revolving credit facility, provided by a consortium of banks. According to Bloomberg, the funding will help Bolt to prepare for a public offering. The facility, initially

03.05.24

Estonian greentech Stargate Hydrogen closes a seed round of €42M

A Tallinn-based startup working on green hydrogen solutions Stargate Hydrogen has closed a €42 million round to scale up its ceramic-based electrolysers. The round was led by UG Investments and grant financing from IPCEI. The startup appointed Mr. Taavi Madiberk as

03.05.24

Finnish startup Maire raises €450k in funding

Helsinki-based online demand analytics startup, Maire has announced the raising a €450,000. The investment was backed by Finland’s investors such as Leena Niemistö, Tuomo Riekki, and Tikura Ventures. Billion dollar B2C companies excel at analysing their historical sales figures. What

02.05.24

Finland’s Kvanted leads a €2.65M investment round for RESONIKS

The Hague-based industrial AI-powered startup RESONIKS has closed a seed round in the amount of €2.65 million. The Helsinki-based VC firm Kvanted is the lead investor, joined by Faber and EIT Manufacturing. The round will help to accelerate the startup’s growth and

02.05.24

Czech company Inventoro is acquired by Cin7 for undisclosed amount

Cin7, an American inventory and order management software provider, has informed AIN about its acquisition of Inventoro, a Czech-based provider of AI-driven sales forecasting and replenishment optimization solutions. The acquisition will enable Inventoro customers to enhance existing inventory and order

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