Karma Ventures leads the $20m series B funding round of Pactum AI
Pactum AI, the leader in autonomous negotiations, has raised $20 million in Series B investment to extend its support for procurement teams as they embrace AI agents as their colleagues.Pactum AI, the...
View ArticleStartup Wise Guys portfolio company Jeff App has raised $2 million late-seed...
Startup Wise Guys portfolio company, Latvia-based Jeff App, has raised $2 million in late-seed financing round. Led by Presto Ventures, with strong support from J12 and notable business angels, this...
View ArticleStartup Wise Guys portfolio company Loyi secures €425,000 investment
Loyi, a pioneering brand under Enefty Technologies and a standout portfolio company of Startup Wise Guys from second Web3 acceleration program, has secured a significant €425,000 investment from DG...
View ArticleBaltCap invests in Fitekin and ONEA software platforms
BaltCap Private Equity Fund III acquired Fitekin and ONEA, which are pre-accounting software platforms for invoice management and approval workflow, from Unifiedpost Group. BaltCap is backing the...
View ArticleCyLock Raises €500K to Advance Cybersecurity Solutions with EVA
Startup Wise Guys are thrilled to announce that CyLock, a standout startup from their portfolio, has successfully raised a significant funding round of €500,000. Leading the investment round was...
View ArticleNEW MEMBER: Cleantech-focused accelerator and fund Beamline joins EstVCA
We are super excited to announce that Beamline is joining EstVCA membership. Beamline is a forward-thinking cleantech-focused accelerator and fund based in Estonia and operating internationally. They...
View ArticleSmartCap Green Fund participates in the €2.3M investment round of portfolio...
UP Catalyst, a producer of battery material production directly from CO2emissions, has closed a €2.36M seed extension round. This follows the initial seed round raised last December which amounted to...
View ArticleBPM Mezzanine Fund exited its investment in Estonian telecommunication...
BPM Mezzanine Fund (BPM), a leading mezzanine financing provider in the Baltic countries, announced on 16th August its exit from Corle OÜ, a contractor for electricity and telecommunication networks....
View ArticleTrind VC portfolio company Your.Rentals raises €1.7m to expand market reach
Your.Rentals, a leading all-in-one short-term rental management platform raises €1.7m from existing shareholders to expand its market reach.Your.Rentals, a leading all-in-one short-term rental...
View Article2C Ventures leads Äio’s €6.1 million investment round with participation from...
The biotechnology startup ÄIO has raised €6.1 million through venture capital funds Voima Ventures, 2C Ventures, SmartCap and Nordic Foodtech VCThe biotechnology startup ÄIO has raised €6.1 million...
View ArticleSEB Pension Funds Become A Key Investor In Superangel
The addition of SEB’s pension funds will boost the investment capacity of Superangel’ssecond fund to nearly 40 million euros, which will be channelled into innovative tech companies in Estonia, the...
View ArticleTera Ventures leads investment into Estonian fintech Mifundo as part of 10...
A combination of their previously unannounced €1.2m pre-seed round led by Tera Ventures, Mifundo has also been awarded €2.5M grant funding, alongside a decision for €6,3M in matched funding approved...
View ArticleBaltic Private M&A Deal Points Study 2024 is out now: Energy & utilities...
The study was compiled in cooperation with Sorainen, Cobalt, Ellex, TGS Baltic, Eversheds Sutherland, Walless, and Triniti under the auspices of the Estonian, Latvian, and Lithuanian Private Equity and...
View Article2C Ventures leads the €1 million investment round of TheStorage
Tampere, Finland based climate tech startup TheStorage has secured €1 million in funding from 2C Ventures and Superhero Capital to address one of the largest challenges in green transition –...
View ArticlePrintful and Printify announce merger for accelerated growth in the global...
Printful and Printify, two pioneering technology platforms that enable a wide variety of customers to build eCommerce businesses utilizing the power and efficiency of production-on-demand, have today...
View ArticleTera Ventures co-leads the €6M investment round to Miros
Miros, the leading visual AI e-commerce search solution, has raised a €6 million pre-Series A investment led by EBRD Venture Capital and Tera Ventures. Former Estonian President Toomas Hendrik Ilves...
View ArticleMadis Lehtmets appointed Managing Director of EstVCA
From January, the Estonian Private Equity and Venture Capital Association (EstVCA) will be led by Madis Lehtmets, who boasts a wealth of experience in both the start-up sector and as an investment...
View ArticleEXIT: BPM Mezzanine Fund exited its investment in the leading shoreside and...
BPM Mezzanine Fund SICAV-SIF, SCA (BPM) supported the CEO of DenEesti in acquiring the company back in March 2018. The exit, which took place through refinancing from a local bank, marks a logical step...
View ArticleNEW MEMBER: Plural joins EstVCA
We are very excited to announce that the largest VC investor in the region – Plural - joins EstVCA. Plural is an early-stage venture capital fund that backs the most ambitious founders on a mission to...
View ArticleSEB and CybExer Partner for Venture Debt Investment
The SEB Baltic Venture Debt program has made its first investment in the Estonian technology company CybExer Technologies, which provides advanced cybersecurity testing and training solutions for...
View ArticleSmartCap Defence Fund Calls for Fund Managers
The Estonian state fund of fund Smartcap has announced that SmartCap Defence Fund has launched its investments for fund managers, with the aim of making investments in a select number of venture...
View ArticleRegister for the Baltic M&A and Private Equity Forum 2025
Join the main event for deals industry players in the Baltics! This year, the Baltic M&A and Private Equity Forum will be held on 22 April in Tallinn, Estonia, at the Nobel Hall in the vibrant...
View ArticleSiena Secondary Fund launches Fund II with its first investment into the...
Siena Secondary Fund, which focuses on VC direct secondary investments into high-growth late-stage startups by providing liquidity to early investors, (ex-)employees, and founders, launched its fund II...
View ArticleEVENT RECAP, GALLERY & RECORDING: Estonian Startup Ecosystem Annual Fireside...
For the fifth year in a row, we welcomed the EstBAN, Estonian Founders Society, EstVCA, Invest Estonia, and Startup Estonia representative members to hear their conclusions for 2024 and encouraging...
View ArticleElcogen secures €5 million investment from SmartCap to accelerate growth
Elcogen, a leading European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and emission-free electricity, today announced that it has secured a €5 million...
View ArticleSmartCap participates in Fusebox’s €2.6 million funding round
Fusebox secures €2.6 Million to strengthen the European energy market. This follows a successful funding round in December 2022, led by the venture arm of Dutch sustainable energy supplier Eneco and...
View ArticleSmartCap Green Fund participated in Gridio's €2.4 million seed funding round
Gridio, a Tallinn-based software platform for smart charging of electric vehicles and distributed energy devices, has secured €2.4M in funding, led by Neokapital, with support from Encevo, SmartCap,...
View ArticleIcebreaker.vc participates in GridRaven's €4 Million funding round
Gridraven has raised €4 million in funding from leading European venture capital firms, including Icebreaker.vc and 42CAP, to fuel its international expansion. Gridraven, whose AI-driven Dynamic Line...
View ArticleEXIT: Superangel & United Angels (now Specialist VC) portfolio company...
ParcelSea, a technology startup based in Estonia that specializes in smart mailbox solutions for e-commerce customers and last-mile delivery services has been acquired by a Ukrainian company...
View ArticlePractica Capital participates in Atrandi's $25M Series A funding round
Atrandi Biosciences Raises $25M Series A Led by Lux Capital, with participation from Practica Capital, Vsquared Ventures, Metaplanet, and GRIDS Capital, to drive expansion in the U.S. and scale...
View ArticlePlural co-leads $20M seed round to Karman+
Karman+, an asteroid mining startup, has raised $20 million in seed funding led by Plural and Hummingbird. The funding will be used to develop its first technology demonstration and customer missions,...
View ArticlePlural leads a $35M Series A round to Relay
Relay, a tech company transforming the backbone of e-commerce delivery for top e-commerce retailers, announced a $35M Series A round to scale their delivery network across the U.K. The funding round...
View Article2C Ventures leads €1M pre-seed round to GaltTec
2C Ventures leads €1M pre-seed round to GaltTec to accelerate the company's mission to provide lightweight, long-lasting power solutions for drones and IoT devices, reducing reliance on conventional...
View ArticleTrind Ventures leads a €920k pre-seed funding to Bahn Express
Trind Ventures leads a €920k pre-seed funding to Bahn Express to advance its solution for faster, more cost-effective cross-border used car deliveries.Bahn Express, a Helsinki-based logistics startup,...
View ArticleEVENT RECAP & GALLERY: EstVCA Funds on Stage: 2024 Recap
This year, the EstVCA Funds on Stage event took place on February 19 in Tallinn. The representatives of 18 funds gave insightful overviews of last year's journey and activities while opening up about...
View ArticleTera Ventures participates in Cino's €3.5M seed round
Cino's €3.5M seed round was led by Balderton Capital with participation from Tera Ventures, Connect Ventures, and angels, including the founder of Cleo. The funding will be used to fuel their expansion...
View ArticleSmartCap Green Fund participates in Stargate Hydrogen's €11M Series A round
SmartCap Green Fund joins Stargate Hydrogen’s Series A funding round, supporting the company in its efforts to make affordable green hydrogen a reality.Stargate Hydrogen, a manufacturer of innovative...
View ArticleTrind Ventures leads an undisclosed round to SparkReceipt
SparkReceipt, a Tampere-based pre-accounting software provider, raised an undisclosed round from Trind Ventures to accelerate their international expansion.SparkReceipt, a Tampere-based pre-accounting...
View ArticleEXIT: Startup Wise Guys portfolio company Adact has been acquired by Optimove
Startup Wise Guys SaaS portfolio company Adact has successfully exited through an acquisition by Optimove, a global leader in AI-driven marketing innovation. This acquisition marks their 22 portfolio...
View ArticleTera Ventures participates in Blackwall's €45M Series B round
Led by Dawn Capital, with support from existing investors at Tera Ventures, MMC Ventures, Expeditions Fund, and Red Dawn Ventures, Blackwall’s Series B funding will be used to double headcount and...
View ArticleEesti ülikoolides alustab era- ja riskikapitali õppeaine
Eesti Era- ja Riskikapitali Assotsiatsioon (EstVCA) jätkab koostöös TalTechi ja Estonian Business Schooliga tudengitele ning investeerimismaailma huvilistele era- ja riskikapitali õppeaine...
View ArticleIcebreaker.vc invests €800,000 to FleetBrains
Icebreaker.vc has invested €800,000 in FleetBrains to support the company's efforts in building and expanding its AI-driven solutions that address critical challenges in the automotive...
View ArticleIcebreaker.vc participates in Clock&Cloud's €1.5M pre-seed round
Clock&Cloud, a Helsinki-based startup developing an AI-powered geopolitical intelligence platform, has raised €1.5 million in a pre-seed funding round led by Danish Ugly Duckling Ventures, with...
View ArticleKarma Ventures leads the $7.5M Series A round to WunderGraph
WunderGraph has raised $7.5 million in a Series A round of funding from Karma Ventures, eBay Ventures, and Aspenwood Ventures to unify APIs across decentralized systems with their open-source GraphQL...
View ArticleBPM Mezzanine Fund II provided financing to Averton Sterling for the...
BPM Mezzanine Fund II usaldusfond has made its next transaction from its second fund to support Medical Mazella's expansion in the medical sector, reinforcing the company’s market presence and growth...
View ArticleEXIT: Practica Capital's portfolio company Trafi has been acquired by...
Practica Capital's portfolio company Trafi has been acquired by Enghouse Systems, through a wholly-owned subsidiary. Trafi is the leading provider of Mobility-as-a-Service (MaaS) solutions based in...
View Article2C Ventures and Startup Wise Guys back Esgrid’s €900K pre-seed funding
EstVCA members - 2C Ventures and Startup Wise Guys - back Esgrid’s move into supplier management, bringing total pre-seed funding to €900K.Tallinn-based Esgrid is expanding beyond ESG risk management...
View ArticleEXIT: Iron Wolf Capital's portfolio company Amberlo has been acquired by stp.one
Amberlo, the Lithuanian legal practice management platform backed by Iron Wolf Capital, has been acquired by stp.one, one of Europe's leading legal tech providers. Founded in 2017, the Kaunas-based...
View ArticlePlural leads a $36.5M Series A round to IXI
Helsinki-based IXI has raised a $36.5M Series A round, led by Plural, with participation from Tesi, byFounders, Heartcore, Eurazeo, FOV Ventures, Tiny Supercomputer, and existing investors to create...
View ArticleLivonia Partners invests in Estonia's leading healthcare services provider...
Medicum Group, a provider of general and specialized medical services, is bringing on Livonia Partners as a majority shareholder in its companies operating in specialized healthcare, rehabilitation,...
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