Countries. Estonia

Estonian fintech Mifundo receives €2.5M in EIC Accelerator grant capital

Tallinn-based Mifundo, developing an AI-based data platform that enables the transfer of credit profiles across borders, has received €2.5 million in grant funding from the European Innovation Council (EIC) Accelerator program. The funding will be used to expand the platform across Europe.

Estonian Plural joins €450M Series C in the German defense company Helsing

Helsing, a Munich-based company specialising in the creation of AI-powered military solutions and components, has raised €450 million led by General Catalyst. The total amount of company’s funding is currently over $760 million. The fresh investment aims to strengthen European defence

Estonian-founded negotiation startup Pactum closes $20M funding round

Pactum, a Silicon Valley-based software developer with Estonian roots, has raised $20 million in venture capital from a consortium of backers led by Karma Ventures. This investment will enable the startup to extend its support for procurement teams globally. Who

Estonian Startup Wise Guys joins the investment for Canadian healthcare HR startup Aboard

The Tallinn-based accelerator and fund Startup Wise Guys has joined the investment for Canadian healthcare HR startup Aboard. The round was led by US-based East Post Road Ventures and will accelerate Aboard’s expansion into the US warket. This funding will

Estonian fund Plural lead $10M Series A funding for Scaler

Amsterdam and New York-based Scaler has secured $10 million in a Series A round of investment to develop ESG data platform built for real estate professionals, grow the engineering team, and expand to new markets beyond Europe. The investment round

Estonian SmartCap invests €5M in Antler Nordic Fund II

The Estonian fund management company SmartCap Venture Capital has invested €5 million in Antler Nordic Fund II. The investment will strengthen the fund’s commitment to early-stage startups and innovative tech investment strategies. Export and Investment Fund of Denmark (EIFO) and Finland’s Tesi

Estonian Plural joins €6M round in Feather, a German insurtech startup

Feather has raised €6 million in Series A funding led by Keen Ventures Partners, joined by Plural Ventures among others. The round will enable Feather to further assist expats around Europe in obtaining tailored insurance, according to TechCrunch. About Feather Our goal

Estonian eAgronom closes a €10M Series A2 to expand its sustainable agriculture program 

eAgronom, a Tallinn-based agriculture-focused climate tech company, has announced the closure of €10 million in its Series A2 equity round led by Swedbank. The capital will expand eAgronom’s presence in key markets and scale the company in various sustainable farming

Up Group acquires Stebby, an Estonian employee benefit platform

The Tartu-based employee wellness benefit platform Stebby has just been acquired by the French rewards and benefits company Up Group. The transaction also marks an exit for Livonia Partners, which invested in Stebby in 2022. The deal amount is undisclosed. Stebby