BalticVC

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 . 

Fleetbrains , an artificial intelligence startup, has raised €800K from Finnish venture fund Icebreaker.vc .

Venture capital firm Unmanned.vc funds tech startups that design and build drones. 

Details of the deal in the course of which Estonian fund Change Ventures acquired  7.4% of Latvian energy startup Engycell have become known. The startup has raised €420K, consisting of an initial investment of €250K from Change Ventures and €170K from European Union funds.

Estonian startup Muun Health , which deals with women's hormonal balance, has received €140K from the state to develop its biosensor system.

Markus Villig, founder and CEO of Bolt, has joined the board of directors of a Swedish fintech company Klarna . 

Estonian startup Blackwall (formerly BotGuard) has raised €45M in Series B, led by London-based venture fund Dawn Capital , with support from Estonian investment company Tera Ventures , UK-based MMC Ventures , Polish Expeditions Fund and Swedish Red Dawn Ventures .

Estonian sports club software development company MOBY   has announced a merger with Estonian software development service provider HEISI . 

Estonian startup Frankenburg Technologies has received  €4M in funding to develop anti-aircraft missiles. The investment came from two companies, Guernsey-registered fund Blossom Capital II LP and Cayman Islands-based Shellona Ltd., each invested €2M to the startup.

In the annual PitchBook 2024 Global League Tables ranking, Baltic venture funds FIRSTPICK , Coinvest Capital and Startup Wise Guys ranked  among the top three most active venture capital investors in CEE taking second and third place.

Estonian fintech startup Depowise has announced its expansion into the German market. 

Estonian fund Change Ventures has acquired a 7.47% stake in an energy storage solution provider Engycell . Change Ventures has not responded to BalticVC's editorial request for details of the deal.

Estonian fund Trind Ventures has invested in Finland-based accounting software provider SparkReceipt . The funding round was supported by the European Union through the InvestEU Fund and Business Finland. 

Estonian fintech company Hoovi   has received €8M from Finnish Multitude International Bank. The investment was made in the form of a structured bond issue, which will increase Hoovi's capitalization.

  Stargate Hydrogen , an Estonian manufacturer of innovative stacks and systems for electrolyzers, announced that it has successfully completed a Series A and raised €11M. The company's investors were Estonian state venture capital SmartCap Green Fund , Estonian UG Investments and Estonian real estate company Giga Investeeringud .  

Estonian fintech startup Cino   has raised €3.5M in a seed round led by London’s Balderton Capital. British Connect Ventures and Estonian Tera Ventures also participated in the round, alongside angels, including Barney Hussey-Yeo (founder of Cleo).