BalticVC

Lithuanian Contrarian Ventures has participated in an €8.7M round of the Swiss developer of cleaner fuels for the aviation industry Metafuels . The round was led by London-based Celsius Industries, US RockCreek, Australia's Fortescue Energy Ventures, and Zurich-based Verve Ventures. The US investment platform Energy Impact Partners also joined the round.

Lithuanian payments provider ArcaPay  was acquired by financial technology company Ebury .

Estonian Elcogen has raised €5M from Tallinn-based SmartCap Green Fund. SmartCap Green Fund financial support complements the prior strategic investments of the US energy company Baker Hughes and South Korean Mirae Asset Global Investments in Elcogen. They backed the Estonian company with €31M in April 2024. 

After a successful 2024 edition in Malta, the EU-Startups Summit is excited to announce its return to the Mediterranean island for 2025! Mark your calendars for April 24-25, as the historic Mediterranean Conference Centre in Valletta will once again host Europe’s brightest entrepreneurial minds for two action-packed days of innovation, networking, and learning.

Estonian accelerator Startup Wise Guys has invested in Ukrainian LetsData . Also participating in the $1.6M pre-seed round were Poland's SMOK Ventures, Madrid-based Telefónica's corporate VC Wayra, Prague-based Tilia Impact Ventures, London-based 1991 Ventures, Google for Startups Ukraine Support Fund, and angel investors Pavla Bobosikova and Marty Kratky-Katz.

Venture capital firm Plural , founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, has led a €27.2M round for Paris-based neurosurgical microrobot startup Robeauté . Other lead investors included Berlin-based Cherry Ventures and San Francisco-based Kindred Ventures. London-based LocalGlobe, Think.Health, Vienna-based APEX Ventures, and German medical technology company Brainlab also participated in the round.

Latvian developer of nano-coatings for green hydrogen systems Naco Technologies has raised €2.5M in the expanded pre-Series A from new investor Polish Radix Ventures and existing investors Hungarian Impact Ventures, Zurich-based Kendris Capital, and deep tech-focused fund The Untitled Ventures. Radix Ventures invested €1,5M.