Countries. Estonia

Startup of the Day: Estonian aerospace company SKYCORP Technologies

Founded in 2023 by Marek Alliksoo and Roman Suvorov, SKYCORP Technologies is a hydrogen drone and related infrastructure manufacturing company who is building the green autonomous ecosystem of drone-based services. Its core product, Gen2 hydrogen drone, will be launched in 2024.

Estonian aerospace company SKYCORP Technologies secures €305k in a pre-seed round

SKYCORP Technologies has secured of €305,000 to accelerate the commercialization of its Generation 2 e-Drone Zero hydrogen drone and fund its further expansion. The investment was co-led by Destiny Energy and Baltic Sandbox Ventures. About the current investment: “I’m delighted to

Estonian startup Salv raises €3.9M in a new funding round

Tallinn-based regtech startup Salv has announced that it raised an additional €3.9 million in a new funding round, bringing a total of €12.1 million in obtained investments to fuel its UK expansion. “Currently, the UK market is experiencing a sharp

Vienna-based HYDROGRID closes $8.5M round to develop its solution of renewable energy

Austrian HYDROGRID, has announced the closing $8.5 million in a Series A funding to accelerate the international expansion. The round was co-led by Inven Capital and Karma Ventures. “Despite the important role hydropower has to play as a green battery to the grid, hydro

Estonian Arbonics secures €5.5M to scale its forest-carbon removal platform

Tallinn-based Arbonics, the naturetech startup, has secured a €5.5 million in a seed investment from NordicNinja, Plural, and Tilia Impact Ventures. The investment will allow Arbonics to continue scaling its climate change solution. “With this recent funding we’re poised to

Estonian-based Woola raises €2.5M in funding

Woola, an Estonian company that makes protective wool packing, has announced the raising of €2.5 million. The investment led by Metaplanet, joined by Future Ventures and Lemonade Stand. ““We founded Woola to help stop the use of fossil fuels. We

Estonian startup Ecobase raises €2.5M in a Seed round

Ecobase, an Estonian reforestation startup, has raised €2.5 million in a seed funding round. With the help of the additional financing, the startup’s pan-European afforestation/reforestation (ARR) program will grow, Startup Rise reports. “Ecobase encourages the creation of native, mixed forests

Estonian startup Inspectle Food raises €400k to streamline food inspections

Tallinn-based startup Inspectle Food has raised €400,000 in Pre-Seed funding led by Change Ventures, with the participation from Firstpick and Heartfelt_. The company streamlines food inspections, reduces costs and waste, and ensures safer food for consumers, Tech.eu reports. Who invested

Estonian QANplatform secures $15M to advance quantum-resistant blockchain technology

Tallinn-based QANplatform, a quantum-resistant Layer 1 blockchain, has secured a $15 million investment from MBK Holding. The startup plans to launch a new testnet. “Working alongside MBK Holding and their team is truly an honor. QANplatform is driven by the