BalticVC

Lithuanian company Genomika has joined the DiDAX project, an international research consortium developing practical DNA-based data storage systems, with €600K for a total project budget of €5.2M.

Estonian travel AI service Crewpoint has announced the closing of its first round of funding led by Finnish venture capital fund Icebreaker.vc . As part of the investment, Aleksi Partanen, general partner of Icebreaker.vc, will join Crewpoint's board of directors. 

Fintech startup POSfinance has raised €140K in an expanded pre-investment round from Latvian business angel network LatBAN .

Tallinn-based defense technology startup 5.0 Robotics has raised strategic investment from Luxembourg-based venture capital fund Ilavska Vuillermoz Capital to launch a special DefenseTech Fund. It is known that former Estonian President Toomas Hendrik Ilves has joined the advisory board of the fund.

Latvian construction technology startup Adventum Tech , will receive an investment of €250K from the Latvian Business Angels Network ( LatBAN ) and angel investors. Lithuanian defense technology company Luna Robotics will receive up to €250K from the Lithuanian Business Angel Network ( LitBAN ), Estonian developer of green energy solutions MarkeDroid will receive €175K from the Estonian Business Angel Network ( EstBAN ).

Fintech company Income has raised €540K from existing shareholder Dr. Hauptmann. In addition, the company launched a crowdfunding round via the SeedBlink service. The goal is to raise another €250K.