Countries. Estonia

BaltCap acquires Xpediator, a freight management company

Private equity fund manager BaltCap, with co-investors, has acquired Xpediator, an international company that provides freight-forwarding, logistics, and transport support solutions. The deal aims to accelerate the development of the company’s offers in CEE and the UK.

Estonian Piletilevi Group acquires 80% of GoOut.net, Czech ticket marketplace

Tallinn-based ticket sales company, Piletilevi Group, has acquired a majority stake in GoOut.net, the largest ticket sales platform in the Czech Republic. The amount of the deal has not disclosed.

Lithuanian logtech GoRamp raises €3M to expand in Europe and the US

The Vilnius-based logistics startup GoRamp has raised a €3 million in a late seed round to accelerate growth in European markets and strengthen its position in the US. The round was led by Hungarian Lead Ventures.

Estonian energy storage startup Skeleton Technologies raises an additional funding 

Tallinn-based ultracapacitor manufacturer Skeleton Technologies has raised an undisclosed amount of funding from existing investor Marubeni Corporation. The company will use it to build a production factory, SuperBattery, Invest in Estonia informs.

Estonian VC Superangel invests in Coalescent Mobile Robotics

Danish Coalescent Mobile Robotics, a provider of autonomous mobile robots for the retail industry, has raised an undisclosed amount of seed funding round. The investment was co-led by SuperAngel and EIFO. “We are very excited to be making our first

Estonian Better Medicine receives €2.5M grant from the EIC Accelerator

Tartu-based healthtech startup Better Medicine has received a €2.5 million grant from the European Innovation Council’s Accelerator. The company automates the analysis of cancer CT scans and is co-founded by Estonians and Ukrainians. “It is really hard to overstate the

Estonian Change Ventures co-leads €3.3M round for Algori, a data insights startup

Madrid-based Algori, a data insights startup for the consumer goods field, has raised €3.3 million, co-led by Shilling Capital and Change Ventures. Algori will spend it on the further expansion. “We are leveraging technology in a new way, rethinking the

Estonian ticket marketplace Piletilevi Group acquires 80.2% of Romanian Bilete.ro

Tallinn-based leading ticket marketplace in Baltics, Piletilevi Group, has acquired a majority stake in Bilete.ro, the ticket sales company. The amount of the deal has not disclosed.

Ericsson to invest €150M in R&D & manufacturing hub in Estonia

Sweden-headquartered Ericsson, the communication technology giant, has invested €150 million to make Estonia the next-generation smart R&D & manufacturing hub of its European operations. “This expansion aligns with Ericsson’s long-term strategy for a more resilient and sustainable supply chain, significantly