BalticVC

Harju County Court has approved the restructuring plan of Estonian car rental startup Planet42 , which will allow the company to escape bankruptcy and continue its business activities. 

Lithuanian SaaS platform for banks and paytechs Torus received investment from Swedish Goose Valley Ventures.

Latvian mobile app Dosty  which simplifies dog ownership by managing daily routines, providing expert advice and support on health and behaviour issues through a chat assistant, has received investment from Azerbaijan's Caucasus Ventures.

Lithuanian greentech investment firm HeavyFinance has announced a partnership with Multitude Bank, the main subsidiary of Malta-based Multitude Group. 

Lithuanian Freya Cultivation Systems , which is developing controlled environment agriculture with its flagship Aeroframe technology, has raised €500K. The round was led by Lithuanian Coinvest Capital and BSV Ventures . Lithuanian Sofigama , Finnish Zunami Oy and business angels Paulius Vilemas and Marko Lehtovaara also participated in the deal. Coinvest Capital's investment in the company amounted to €250K.

Lithuanian Contribee , which helps entrepreneurs and companies manage their fan subscriptions or support their favorite creators and discover exclusive content, has been acquired by Lithuanian Masiva Group. The deal is an exit for Lithuanian Coinvest Capital , Estonian Startup Wise Guys and several business angels.

  Estonian SaaS workflow automation system Askel.ai has raised €380K. The round was led by Estonian Superangel . Also participating in the deal were ProcessOut co-founder Manuel Huez, Matrix partner Patrick Malatack, Veriff co-founder Janer Gorohhov, and Skype ex-CTO Ott Kaukver.