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Four Estonian space technology startups will receive funding of €240K

Four Estonian space technology startups, Babayte , Spiral Hydrogen , MS Forest and Energy Risk Service, will receive funding of €240K - €60K each. Half of the funding will come from the European Space Agency ( ESA BIC Estonia ) and the other half from the cities, depending on the location of the startup.

Latvian startups will be able to receive funding in the amount of €200K

The Latvian Investment and Development Agency ( LIAA ) will allocate more than €18.5M to finance a new program to support the digitization of local companies.

Investments in Lithuanian startups increased 5 times in 1H 2025

In the first half of this year, Lithuanian startups attracted €167.7M in investments - 5 times more than in the same period last year. While the amount of investment has increased significantly compared to the first half of last year, when a total of €32M was raised, the number of startups that received it has dropped by 12% to 15 companies, according to data tracked by Unicorns Lithuania , a Lithuanian startup association.

Estonian CryptoSwift raises €510K

Estonian startup CryptoSwift has raised €510K in a pre-seed round. The round was backed by early stage investors Startup Wise Guys , Tenity , DEPO Ventures and a group of business angels. CryptoSwift will use the funds raised to expand its team and accelerate the adoption of its platform in the EU.

Estonian Vok Bikes raises $6M

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Estonian electric cargo bike manufacturer Vok Bikes has raised a $6M investment. The Series A funding round was led by SQM Lithium Ventures . Existing investors Metaplanet , Specialist VC , Sunly and SmartCap also participated.

Tallinn-based medtech startup Lifeyear raises €1.3M

Estonian medical technology startup Lifeyear has raised €1.3M from venture funds Verge HealthTech Fund , Tilia Impact Ventures , PurposeTech and Estonian business angels. The company received another €1.5M in technology development grants from the Estonian government. Lifeyear will use the raised funds to launch its digital platform for cardiac care in selected UK hospitals.