BalticVC

Estonian startup Esgrid   has raised an undisclosed amount in a new round of funding led by venture capital firm 2C Ventures . Other investors include companies that have previously invested in the startup: Lemonade Stand , Startup Wise Guys , and Copenhagen-based Greenco Ventures.

AI developer STACC and startup eAgronom  have received a €430K grant from the European Space Agency (ESA) for the CoverCrop project. 

Baltic companies that have contributed to the development of financial technology in the region have been honored at the Baltic Fintech Awards 2025.

Estonian software developer Trinidad Wiseman has completed a digital development project in Kenya. The company's work was carried out in cooperation with the Estonian Centre for International Development Cooperation ( ESTDEV ) and government agencies in Kenya.

Estonian company UP Catalyst has received an €18M loan from European Investment Bank (EIB) to expand its carbon materials production.

Estonian software company Net Group is expanding its presence in Germany by acquiring  technology company Cloud Ahoi .

Tallinn-based Ultra  has closed a €10.8M round. The round was led by Luxembourg-based multifamily NOIA Capital through its NOIA Digital Asset fund.

Estonian Startup Wise Guys  has exited Ukrainian company BotsCrew , which develops chatbots for business. The controlling stake in the AI startup was acquired by the US company CourtAvenue . The founders did not disclose the value of the deal.

Estonian Business Angels Network (EstBAN) has elected three new board members for the next two years. 

Estonian startup UP Catalyst has made it to the list of 47 companies that the European Commission has chosen to strengthen the commodity chain. Other participants in the initiative include startups from Belgium, France, Italy, Germany, Spain, Czech Republic, Greece, Sweden, Finland, Portugal, Poland and Romania.

TIME included Skeleton Technologies in its list of the World’s Top GreenTechCompanies. The Estonian technology startup was ranked 30th out of the top 250 companies. 

Estonian investment firm Karma Ventures led a $7.5M Series A funding round for WunderGraph . Other investors in the startup include US venture funds eBay Ventures and Aspenwood Ventures. 

In 2024, members of the Estonian Business Angels Network (EstBAN) invested a total of €15.8M in startups. In 2023, the figure was €13.32M.

Businessman Tõnu Puidak has become the new majority owner of Estonian electric bicycle manufacturer Ampler .

Paulo Cunha has become the new CEO of Pipedrive , an Estonian IT company that develops sales management software. 

Finnish fund Lifeline Ventures has become a new investor in Estonian startup Soldera . As a result, the company managed to raise €2.5M. Soldera's other investors were  Finnish Skaala and Estonian Lemonade Stand .

Estonian Bolt  has bought Danish startup Viggo  for an unnamed amount. This is the first acquisition in Bolt's history. 

Video Game Insights , a gaming industry analysis company, has announced that it has been acquired by US market research firm Sensor Tower . The amount of the deal and other financial details were not disclosed.

Estonian Startup Wise Guys has invested €120K in Italian company Zerow  in a €400K funding round, which also included investments from business angel and strategic partners of the company, as well as government grants.

London-based private equity fund Bregal Milestone has acquired a majority stake in Estonian transportation technology company Ridango  from Estonian fund BaltCap .