Estonian startup Grab2Go raises €300K from EstBAN

Estonian Grab2GO raised €300K. According to the CEO and founder of startup Mart Viilipus, his company landed the capital from EstBAN, and the leading investor was EstBAN's board member and angel investor Mait Sooaru.

Grab2GO will send money to launch a fully automated store, support further activities, and expand in the European market. The first stores will be installed in Estonia.

Grab2Go is an Estonian startup founded in 2020. It has developed autonomous store technology based on artificial intelligence. In the automated store, it will be possible to buy things without the shop assistant, including items restricted by age. And the owner also can control the store at a distance on the customer’s portal, for example, to adjust and monitor temperature zones, and run video call logs.

Earlier Grab2Go raised angel investment amounted to $295K in August 2021 and €750K in February 2022. The total investments into the startup reached €1,3М.

EstBAN (Estonian Business Angels Network) is a syndicate organization of angel investors, founded in 2012.

UPD: Valuation of 2grab2go is €7,5M after the new financing.