Countries. Estonia

Estonian Trind VC led a €2.1M seed round for home services marketplace Webel

Spanish marketplace Webel has announced its fresh €2.1 million round led by Trind Ventures, primarily for expansion purposes. The round joined by ZAKA Ventures, Decelera Ventures, Tiburon Ventures, and other business angels. “Since our investment in the previous round, we

Estonian Skeleton Technologies secures €108M from top investors Siemens and Marubeni

Skeleton Technologies, a Tallinn-based ultracapacitor manufacturer, has secured €108 million in a funding round led by top investors Siemens Financial Services, Marubeni Corporation, and others. The funding will accelerate the product development and finance the manufacturing expansion of the SuperBattery.

Estonian biotech Gearbox Biosciences secures €380k in a pre-seed round by Specialist VC

Tartu-based biotech startup Gearbox Biosciences has secured €380,000 in a fresh pre-seed funding round led by Specialist VC and UniTartu Ventures. Including recent grants, the company’s total funding amounts to over €500,000. “We believe that Gearbox Biosciences is one of

Finnish Butterfly Ventures joins an investment for Danish RiACT ROBOTICS

RiACT ROBOTICS, Copenhagen-based robotic automation software provider, has announced closing the fresh round to transform the manufacturing industry. It was backed by Butterfly Ventures, Navigare Ventures, and Mølgaard Capital. “We are excited to join Navigare Ventures and Mølaard Capital to support the team at RiACT

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.

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.

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