Countries. Estonia

Estonian startup Spacedrip raises €1.5M to build water treatment robots

Estonian startup Spacedrip has raised €1.5 million in fresh funding to develop water treatment robot technology. The tech can purify domestic wastewater back to clean reusable water. Spacedrip will use the funds for product development and expansion into foreign markets,

Estonian startup Elmo raises €2.6M to develop remote EV technology

Tallinn-based startup Elmo has raised €2.6 million in a fresh funding round to develop remotely controlled electric vehicle technology. Highgoal Capital Management, FlyCap, Barolo Invest, and SAGGIS provided the funds. “It is a great recognition to the current work of

Estonian Crespect receives over €830k for its cloud-based legal practice management system

The Tallinn-based Crespect, a spin-off from the Baltic law firm Sorainen, which develops an intelligent cloud-based legal practice management system for law firms, has received over €830,000. The funding consists of two parts — a grant of €227,000 from the

Estonian CM Games rejected the candidate from Ukraine who wrote “RussiaIsATerroristState” in his CV

Estonia is a country that has stood with Ukraine throughout the unprovoked war started by Russia. Many companies, entrepreneurs, and ordinary people provide all the possible help to the Ukrainians, who try to protect their future from Putin’s bloody regime.

Estonian Parcelsea acquires Cleveron’s network of private parcel machines

The Tallinn-based ParcelSea, a parcel vending machine company, has announced its acquisition of Cleveron’s network of private parcel lockers, with the aim of creating a single open standard for smart mailboxes. The amount of the transaction was not disclosed. “We

Estonian startups Fairmus and Fanvestory announce a merger

Estonian startups Fairmus, a streaming platform, and Fanvestory, a marketplace for song copyrights, have announced a merger aimed at enhancing fan experience in the music industry, ArcticStartup reports. The companies do not disclose further details of the deal.

Estonian data quality management startup LiTech receives €500k 

The Tallinn-based LiTech that develops a data quality management platform to automate data validation has received €500,000 in a seed round to enter new markets and further develop the product. The round was led by angel investors.  “We are happy

Estonian sTARTUp Pitching 2023 announces the winners

sTARTUp Day 2023 has announced this year’s winners. EstBAN awarded a syndicate of €200,000 to Paul-Tech, Baltic Sandbox Ventures gave out a €125,000 investment to Gearbox Biosciences, and .Cocoon Ventures a €100,000 syndicate investment to MX Labs.

Estonian climate tech startup Roofit.Solar raises €6.45M

The Tallinn-based startup Roofit.Solar which designs and produces solar roofs that blend Nordic design with solar technology has raised €6.45 million round co-led by BayWa r.e. Energy Ventures and EdgeCap Partners. The company plans to use the funds to increase