Tallinn-based defense technology startup C2GRID closes pre-seed round

Tallinn-based defense technology startup C2GRID has closed a pre-seed  round led by Sunfish Partners. Other participants included BSV Ventures and angel investor Mike Oliinyk.

C2GRID is a spin-off from Tallinn University of Technology (TalTech). The solution it has developed transforms battlefield footage into near real-time 3D models, fusing multi-sensor data and automating threat detection to enhance situational awareness, support mission planning, and accelerate decision-making. The startup was founded in 2024. CEO of C2GRID is Professor Vladimir Kuts.

Sunfish Partners is a pre-seed venture capital firm investing in early-stage space and defence technology companies from Eastern Europe. The firm supports founders developing technologies with direct applications in national security and defence at the earliest stages. The fund was founded in Germany in 2016.

BSV Ventures (formerly Baltic Sandbox Ventures) is a venture capital fund specializing in investments in high technology, biotechnology and dual-use technologies in the Baltic States and the rest of Europe. The fund was founded by Sandra Golbreich, Andrius Milinavičius and Erik Bhullar in 2022 in Lithuania. Last year fund has raised $15M from NATO Innovation Fund (NIF), Lithuanian ILTE fund (ex-Invega). BSV Ventures has offices in Lithuania, Estonia and Finland.