BalticVC

  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.

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.

Lithuanian capital markets infrastructure company Axiology has raised €5M in funding to modernize securities issuance and trading in Europe. The round was led by Exponential Science , e2vc , and Coinvest Capital , with participation from TIBAS Ventures , Plug and Play Tech Center , BSV Ventures , and NGL Ventures.

Estonia’s Ministry of Defence, in collaboration with the Ministry of Economic Affairs and Communications, has established a pre-accelerator programme called the Defence Business Lab. 

Estonian ImpactPCB and Finnish LifeGlue won the sTARTUp Pitching 2026 competition and received up to €150,000 from an angel syndicate led by the Estonian Business Angels Network ( EstBAN ). LifeGlue was also awarded up to €200,000 from BSV .

2025 was a record year for the e-residency program. Last year, Estonia gained 13,828 new e-residents, which is 20% more than the previous year and the best result in the last six years. Most applications for e-residency came from Germany (1,122, up 49%), France (1,016, up 56%), and Ukraine (921, up 5%).