Cristobal Alonso resigns as CEO of Estonian Startup Wise Guys

Cristobal Alonso has left the post of CEO of Estonian Startup Wise Guys after almost ten years of work. The post will be taken up again by the company's founder Herty Tammo. There are other personnel changes at Startup Wise Guys: Priit Uustulnd will become the new COO and partner, and another new partner, Dag Ainsoo, has joined the company.

Launched in 2012, Estonian Startup Wise Guys is an accelerator that invests in early-stage startups from the Baltic, Central European, and African regions. Startup Wise Guys typically invests up to €500K per company through multiple funds that manage €45M and are backed by more than 150 investors. The company has invested in 465 startups around the world and has launched various programs such as Young Entrepreneurs, Founder's Club and pre-accelerators. Herty Tammo is the co-founder Startup Wise Guys.

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Estonian Jälle Technologies raises €2M

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Estonian deeptech startup Jälle Technologies has secured €2M Pre-Seed funding. Part of the funding came in the form of a grant from Enterprise Estonia (EIS ) and the Environmental Investment Center (KIK), while the rest came from Kiilto Ventures , 2C Ventures , and the participation of business angels Andrus Purde and Priit Viru. 
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