BalticVC

Ten startups have entered the defence technology pre-accelerator, the programme of which is being implemented by the Startup Incubator Tehnopol and the Tartu Science Park Sparkup . 

Lithuanian company Dancer Group , which includes subsidiaries Vėjo projektai and Elektrinio transport sistemos, has declared bankruptcy.

Estonian startup Esgrid   has raised €400K  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.

Canadian software company Enghouse Systems has acquired Lithuanian mobility services platform Trafi . This is an exit for Lithuanian Practica Capital , Estonian BaltCap , British Octopus Investments and European Bank for Reconstruction and Development (EBRD).

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

Lithuanian technology education startup Turing College has acquired British company Boom Training , which provides training services in various fields, including data analysis, management, marketing, etc.

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