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Latvian Echoo Group joins Swedish Nordomatic

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Latvian company Echoo Group , which specializes in building automation and energy efficiency solutions, has joined Nordomatic, a major independent provider of building management systems services that operates in eight countries and has over 1,200 employees. The amount of the transaction has not been disclosed.

LatBAN invests €120K in traveltech startup Rebookify

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Members of the Latvian Business Angels Network ( LatBAN ) invested €120K in traveltech startup Rebookify . Another €80K was invested in the company by venture capital fund 500 Global.

Estonian energytech startup LynxPower raises €550K

 Estonian energytech company LynxPower has raised €550,000 in investment from Giga , Taavi Madiberk (CEO & Co-Founder at Skeleton Technologies) and Marko Virkebau (CEO Stargate Hydrogen).

Latvian AI startup Desktop Commander raises €1.1M

Latvian AI startup Desktop Commander has raised €1.1M in pre-seed round from BADideas. Fund and 42CAP . 

Estonian FleetFox raises €806K

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Estonian company FleetFox has raised €806K. The round was led by Czech venture capital funds Lighthouse Ventures and Gi21 Capital , joined by Latvian fund BADideas .

Estonian authorities award €44M in grants for three projects

The Estonian government has awarded €44M in grants to support three projects.

Estonian Icebreaker.vc invests in Swedish medtech startup Cytely

Estonian Icebreaker.vc participated in a €3M seed round for Swedish startup Cytely , led by Ugly Duckling Ventures .