Posts

Spanish company Repsol acquires a stake in Estonian Stargate Hydrogen

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Spanish energy company Repsol has acquired a 3,6% stake in Stargate Hydrogen , an Estonian company developing technology for efficient and cost-effective hydrogen production. 

Estonian fund Superangel invests in Munich-based defense startup Project Q

Estonian venture fund Superangel has participated in a Seed round of €7.5M for Munich-based defense startup Project Q . Other participants in the round are Project A and Expeditions Fund .

Estonian Tuum cooperates with UK platform Solidgate

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Estonian fintech startup Tuum has announced a partnership with London-based payment processing platform Solidgate . Together they are creating Solidgate Treasury, a solution that will provide online companies with global access to payment systems such as SEPA and SWIFT.

Founded by Estonians Lightyear raises $23M

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Estonian-founded investment platform Lightyear has raised $23M in Series B. The round was led by NordicNinja . Lightspeed Venture Partners , Metaplanet , Skaala , Superangel , SpecialistVC , Sir Richard Branson, Taavet Hinrikus from Wise, Markus Villig from Bolt also participated in the round.

Lithuanian defense investment fund MILInvest 2 receives €40M

The Ministry of Economy and Innovation together with the Ministry of National Defense of the Republic of Lithuania is allocating €40M to the defense investment fund MILInvest .

Estonian Threod Systems is looking for a new owner

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Estonian drone manufacturer Threod Systems is looking for a new owner for its business amid growing demand for unmanned systems. The startup's team is already working with consultants to gauge interest from potential buyers, which could include major European defense companies.