Posts

Lithuanian Axiology raises €5M

Image
Lithuanian capital markets infrastructure company Axiology has raised €5M in funding to modernize securities issuance and trading in Europe. The round was led by Exponential Science , e2vc , and Coinvest Capital , with participation from TIBAS Ventures , Plug and Play Tech Center , BSV Ventures , and NGL Ventures.

Estonia launches Defence Business Lab for startups

Image
Estonia’s Ministry of Defence, in collaboration with the Ministry of Economic Affairs and Communications, has established a pre-accelerator programme called the Defence Business Lab. 

EstBAN invests up to €150,000 in Estonian ImpactPCB and Finnish LifeGlue

Image
Estonian ImpactPCB and Finnish LifeGlue won the sTARTUp Pitching 2026 competition and received up to €150,000 from an angel syndicate led by the Estonian Business Angels Network ( EstBAN ). LifeGlue was also awarded up to €200,000 from BSV .

E-residents set up a record 5.5K companies in Estonia in 2025

2025 was a record year for the e-residency program. Last year, Estonia gained 13,828 new e-residents, which is 20% more than the previous year and the best result in the last six years. Most applications for e-residency came from Germany (1,122, up 49%), France (1,016, up 56%), and Ukraine (921, up 5%).

Lithuanian Chaseit implements voice AI agents in Eleving Group call centers

Image
Latvian FinTech company Eleving Group has begun collaborating with Lithuanian startup Chaseit with the aim of introducing artificial intelligence (AI) voice agents in call centers.

Estonia launches program to introduce AI in all sectors of economy

Image
The Estonian government has launched a national program called Estonia.ai, which aims to introduce artificial intelligence into all sectors of the country by 2035. The advisory board overseeing the program will be headed by Bolt founder Markus Villig. The council will also include Estonian entrepreneurs Sten Tamkivi (Skaala), Kaspar Korjus (Pactum), and Taavi Madiberk (Skeleton), as well as international experts and industry representatives. The first meeting of the Advisory Board will take place in April 2026, after which it will meet every quarter.

Estonian Scoro acquires invoice management platform Envoice

Estonian company Scoro has acquired Envoice , an Estonian invoice and expense management platform. Envoice will continue to operate as an independent company and brand.