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04 Jun

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• Estonia

Estonia’s software development company Helmes acquires Trinidad Wiseman

The Tallinn-based software development company Helmes has signed an agreement to acquire 75% shares in Trinidad Wiseman. The transaction will strengthen companies in international markets and expand their services. TWN will continue to operate under its own name with existing

03 Jun

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• Estonia

Ukraine’s IT Services Export Declines 3% in April 2024

The volume of export of IT services from Ukraine for April 2024 fell by 3% and amounted to $545 million, according to the report of the National Bank of Ukraine. The main partner countries of Ukraine remain being the USA,

30 May

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• Estonia

Tera Ventures leads a €620k investment in CARÁ Health

Estonian health and wellness tech startup CARÁ Health has closed €620,000 in funding. The round was led by Tera Ventures, with participation from Startup Istanbul founder Burak Büyükdemir via StartupIst Ventures. Tera Ventures told AIN the details of the deal.

29 May

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• Estonia

Estonian startup Esgrid secures €500k in a pre-seed funding

Esgrid, a Tallinn-based startup that provides value chain sustainability management solutions, has secured €500,000 in funding. Lemonade Stand, EstBAN, Startup Wise Guys, and Little Green Fund are among the investors, as Tech.eu reports. We are probably one of the first who are

27 May

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• Estonia

Ukrainian-founded startup Beholder wins €600k at Latitude59

Estonian flagship startup and technology conference Latitude59 has announced the winner of its recent pitch competition. Ukrainian-founded startup Beholder has managed to secure the prize of €600,000 in seed investment. The total raised amount during the event totaled €1.5 million.

27 May

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• Estonia

Livonia Partners invests in Telema to boost the company’s growth

The largest pan-Baltic investment firm Livonia Partners has invested in Telema, a regional company working in the electronic data interchange market. The investments will help the company transform to a new form of ownership and advance its products. The amount

16 May

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• Estonia

Estonian deep tech Nanordica Medical closes a €1.75M investment round

Tallinn-based startup Nanordica Medical has announced the closure of a €1.75 million investment round led by the Estonian fund Specialist VC. The round will help Nanordica Medical to bringing its wound care products to the market. About Nanordica Medical We

16 May

• Countries
• Estonia

Startup of the Day: Salesforge, Estonian all-in-one sales execution app

Launched in January 2023 by Daniel Grek Sanchez Castellanos, Dovydas Volodko, and Frank Sondors, Salesforge is an all-in-one sales execution app used as AI co-pilot for small and large sales teams. Now, Salesforge has two products — Salesforge, which crafts emails in any language with a

13 May

• Countries
• Estonia

Estonian EV charging solution VOOL raises €300k to support its growth

The Tallinn-based electric vehicle charging solution VOOL raised €300,000 and partnered with Estonian Alexela. The capital will be used to support the startup’s infrastructural and technological growth. Investment details Alexela joins VOOL as an investor and starts offering VOOL chargers, load management

03 May

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• Estonia

Estonian Bolt secures €220M syndicated revolving credit facility

Bolt, a global shared mobility business headquartered in Tallinn, has secured a €220 million syndicated revolving credit facility, provided by a consortium of banks. According to Bloomberg, the funding will help Bolt to prepare for a public offering. The facility, initially

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