BalticVC

Estonian company GScan has raised €2.8M. Among the company's investors was Estonian Ivard OÜ, whose largest shareholder is Peeter Mand, founder of Sylvester and Eften Capital, who contributed almost €1M. GScan CEO Marek Helm invested in the company €300K.

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.