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Plural invests in Canadian Upside Robotics

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  Venture capital firm Plural led a $7,5M seed round in Canadian startup Upside Robotics. The round was held with the participation of Garage Capital and the founders of Clearpath Robotics.  Upside Robotics is a company that manufactures lightweight, solar-powered autonomous robots that apply the necessary amount of fertilizer to the soil when needed. Upside Robotics robots are currently working in corn fields, one of the most fertilizer-intensive crops. The company was founded in Canada in 2024. The founders of Upside Robotics are Jana Tian and Sam Dugan.  Founded in 2022 by Estonian entrepreneurs Sten Tamkivi, Taavet Hinrikus, Ian Hogarth, and Khaled Helioui, Plural focuses on leading early-stage rounds between €1M and €10M. In 2023, a new partner, AI-driven biotech HelixNano founder, and VC investor Carina Namih joined Plural. The fund has its own rule that requires all of Plural's partners to make personal co-investments in the deals they lead. General Catalyst is a ...
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Venture capital firm Plural invests in German-British Hypersonica

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  Venture capital firm Plural led a €23.3M Series A round in German-British startup Hypersonica . Other investors included the Germany’s Federal Agency for Breakthrough Innovation (SPRIND), General Catalyst, and 201 Ventures. 
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European Investment Fund launches €225M Baltic Innovation Fund 3

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  The European Investment Fund (EIF), together with the national development institutions of Estonia, Latvia, and Lithuania, is launching the Baltic Innovation Fund 3 (BIF 3) with a total value of €225M. The EIF will contribute €75M, and each of the Baltic countries will contribute €50M. 
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Latvian Deep Space Energy raises €350K

Space startup Deep Space Energy has raised €350K in pre-seed funding from Latvia's Outlast Fund and Lithuanian space startup NanoAvionics. 
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Lithuanian startup Tingit raises €1.5M

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Lithuanian startup Tingit , which develops a platform for repairing fashion items and everyday electronics, has raised €1.5M. The startup's investors include Coinvest Capital , FIRSTPICK , NGL Ventures , and existing investors.
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Estonian Icebreaker.vc exits from Vespia

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  Estonian company Icebreaker.vc has exited its portfolio company Vespia , which has been acquired by Veriff . As part of the deal, the Vespia team will join Veriff.
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Estonian Prototron awards €75K to ORMIA, Bitlab, and WISIA

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Estonian technology companies, ORMIA, Bitlab, and WISIA, have received grants totaling €75,000 from the Prototron fund to develop their first working prototypes. The grand prize of €35,000 went to ORMIA,  while Bitlab and WISIA each received €30,000.
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