BalticVC

Lithuanian retail startup Pixevia   has raised €1,5M. The round was led by Lithuanian Coinvest Capital, with participation from new investors Lithuanian Iron Wolf Capital and Omni Commerce Ventures, and a business angel Rita Sakus (co-founder of Vilnius-based syndicate LitBAN). Existing investors Lithuanian venture fund management company Open Circle Capital, Vladas Lašas (co-founder of LitBAN), and Renaldas Zioma (a founding partner at Lithuanian Gamedev Fund) also joined the round.

The CEO of Estonian equity funding and trading platform Funderbeam , Kaidi Ruusalepp, will step down in June after 11 years at the helm of the company. 

Venture capital firm Plural , founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, has raised an additional €100M for its latest €400M fund, bringing the final total to €500M. The fund team had planned to raise €350M.

Nanordica Medical , an Estonian developer of antibacterial wound care products to prevent infection-related amputations, has raised €1.75M. The round was led by Estonian fund Specialist VC, with the participation of Estonian VC Superangel and Tallinn-based family office Amalfi.

Riga-based manufacturer of 3D-printed aircraft components AM Craft has raised €600K in a pre-seed round from Estonian Change Ventures and Latvian BADideas.fund.

Inga Langaite, CEO of the startup founder association Unicorns Lithuania , will leave her position on 1 June. She has been the head of the association for the past three years.

Taavet+Sten, the investment firm of Wise’s co-founder Taavet Hinrikus and Teleport’s co-founder Sten Tamkivi, has participated in Series A of German-based biotech startup Insempra . Existing investors Swedish EQT Ventures, Berlin-based BlueYard Capital, Munich-based Possible Ventures, and the US Acequia Capital participated in the round. New investors were the German corporate venture fund of international FMCG company Henkel, Henkel dx Ventures, German government-backed Bayern Kapital and the US Alante Capital.