BalticVC

Latvian e-commerce design platform, known for creating clothing, accessories, and home goods Printful has merged with Latvian print-on-demand marketplace Printify. The merger is expected to be finalized in the coming weeks. Financial terms of the deal have not been disclosed.

Estonian electric bicycle manufacturer Ampler Bikes has secured €300K from co-founder of Estonian unicorn Pipedrive Ragnar Sass. Kristjan Maruste, a co-founder of Kõu Mobility Group (which owns 66,9% of Ampler Bikes), made the announcement on Estonian equity funding and trading platform Funderbeam.

Estonian startup Miros , which has developed an AI-powered search tool for e-commerce, has raised €6M. The round was led by EBRD VC (the venture investment arm of the European Bank for Reconstruction and Development), Estonian Tera Ventures with participation from the former Estonian President Toomas Hendrik Ilves, Budapest-based Day One Capital, and Turkish Metis Ventures.

The Lithuanian Business Angels Fund has invested €465K in three Lithuanian and one Norwegian startups. Other business angels were involved in these deals, but their names were not disclosed.

Creditors of Estonian car rental company Planet42   have received an advanced plan from parent company Inclusion and restructuring adviser Tarmo Peterson, as it was impossible to save the South African business from closure. According to Peterson, the secured creditors (foreign institutions) did not agree to change the loan terms in order to free up the capital needed to restructure Planet42. An investment of €10M-€15M was needed to save the business in South Africa.

Apple has acquired Pixelmator , a Vilnius-based developer of image-editing applications for Mac and iPad. The deal is still subject to regulatory approval.

Estonian accelerator Startup Wise Guys has exited from the US AI-powered solution Elai.io , which allows users to convert text to video. Elai.io has been acquired by the US educational video platform Panopto . Details of the deal were not disclosed.