Estonian fund Trind Ventures invests in Bahn Express
Estonian Trind Ventures has invested in Helsinki-based startup Bahn Express. The €920K funding round also included Finnish venture capital company Innovestor and renowned business angels.
Bahn Express, a startup founded in 2024 in Finland by Matthias Blomberg and Atte Vesala, creates technology solutions that help modernize the entire process of transporting cars across borders. Thanks to Bahn Express' proprietary platform, car delivery time is reduced from 10-30 days to just 2-5 days.
The startup's main customers are the largest used car dealers in Finland, which together account for more than 70% of imported cars.
With the investment received, Bahn Express will be able to scale its operations and create a pan-European network capable of delivering cars across borders in just a few days, said Matthias Blomberg, founder and CEO of Bahn Express.
Trind Ventures is an early-stage venture fund with an initial ticket of €0,1M-€1M, and follow-on investments up to €5M per company. The partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola, Taavi Lepmets, and Reima Linnanvirta. In September 2022, the company closed Fund II at €55M.