Countries. Estonia

Estonian Net Group acquires Outl1ne for an undisclosed amount

Outl1ne, a Tallinn-based digital product company focused on UI/UX design and software development, has been acquired by Net Group. The deal is set to enhance Outl1ne’s position in the AI landscape. This acquisition will allow Outl1ne operating as a subsidiary

Estonian startup Salesforge secures $500k in a pre-seed funding

Salesforge, a Talinn-based startup developing an AI-copilot for sales execution, has secured $500,000 from BADideas.fund, Spring Capital, and Fiedler Capital. The investment will be used to build its AI co-pilot in B2B sales, as the startup informed AIN. We believe

Estonian SmartCap changes investment focus for its Green Fund

The Estonian fund management company SmartCap has announced the updated terms of its Green Fund Direct Investment Program. The changes will increase the amount of investment in a single company and shift the focus to startups in the late stages.

Estonian cleantech Elcogen closes an over €140M investment round

Elcogen, a Tallinn-based clean energy technology company, has announced the closure of its €140 million investment round that will accelerate its expansion. The round includes more than €24 million in equity investments from Hydrogen One Capital Growth plc, HD Hyundai,

Estonian business intelligence platform Supersimple receives $2.2M in funding

Supersimple, a Tallinn-based business intelligence platform built for B2B SaaS companies, has received $2.2 million in funding from Tera Ventures, Specialist VC, Tiny VC, and several business angels. The funds will be put toward expanding the client base and improving

Estonian UX copilot Flowstep receives a €1M grant from Enterprise Estonia

Flowstep, a Tallinn-based UX copilot that helps users create better designs, has received a €1 million grant from Enterprise Estonia. The grant will help to accelerate the development of its AI and Design research efforts. Any creative process starts with

Estonian home rental Rendin secures nearly €2M from Tera Ventures and SWG

Rendin, a Tallinn-based home rental ecosystem startup, has secured nearly €2 million led by Tera Ventures. The investment will help to prepare for the A-round raising and expansion in both current and new markets starting in April. Involving customers in

Estonian-Swedish gamedev studio Crypto Rogue Games raises $1.5M in seed funding

Umeå and Tallinn-based game development studio Crypto Rogue Games has raised $1.5 million in a seed funding round backed by Merit Circle and Avalanche. The investment will help to accelerate the game development process and establish the studio’s leading position in the gaming industry,

Ukrainian-founded AI startup Beholder raises nearly $1M investment

Beholder, an AI-based remote sensing platform for critical minerals and energy resources exploration, has raised $940,000 in a fresh investment. The round was led by InnoEnergy, with participation from Rockstart and STRT Ventures funds. The Rockstart Energy Program aligns perfectly