BalticVC

Venture fund Plural is moving its parent company from the UK to Estonia, where its subsidiary was previously located. According to documents submitted to the Registration Chamber, the fund's shares were transferred to the Estonian company back in February.

The Estonian division of Finnish company Solita has become a separate company called DataSky and has joined Estonian company Uptime . DataSky will retain its team and continue to operate from its current offices in Tallinn and Tartu.

Estonian company Nortal has acquired the Middle East division of Accela , a leading provider of cloud solutions for government agencies. This will enable the company to expand its presence in the region.

Yellow Rocks! , a venture fund based in San Francisco and Lisbon, is exploring the Baltic market and looking to invest in promising early-stage startups. The fund is ready to invest in Baltic companies at early stages (pre-seed, seed, as well as follow-on investments at the Series A stage) with a transparent global scaling strategy. 

Estonian company Leil Storage , which develops software for data storage infrastructure, has raised €1.5M in seed funding. The round was led by Karma Ventures with participation Specialist VC .

Estonian Trind Ventures has led a €1.6M round for German e-mobility startup Aampere . Other investors include Gimic Ventures and several experienced business angels.

Estonian medtech startup Muun Health , which focuses on women's hormonal balance, has raised €545K in a pre-seed round from strategic partner Greiner Innoventures and investor community Better Fund .

 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).

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 .

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

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

Estonian company MarkeDroid , which works to improve the efficiency of solar parks, has raised €300K in interim financing. Of the total investment, €175K came from the Estonian Business Angels Network ( EstBAN ).

Yaga , an Estonian online marketplace for used fashion, has raised €4M in a Series A funding to explore opportunities in the Middle East and North Africa. Tallinn-based Specialist VC led the round. Other participants in the deal included Sweden's H&M Group, Estonia's Trind Ventures , Startup Wise Guys and a group of business angels.

Venture capital firm Plural , founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, led a £75M ($100M) funding round for London-based health tech company CoMind . Hinrikus will join the company's board of directors.

Starship Technologies , a developer of autonomous delivery vehicles, has raised $50M in a Series C round. The round was led by Plural , with other participants including Karma, Latitude, Coefficient Capital, SmartCap, and Skaala.

Estonian startup Striga , which develops infrastructure for cryptocurrency payments, has been acquired by US payment platform Lightspark . The amount of the deal has not been disclosed. This is an exit for YCombinator , Rhombuz VC , and other investment companies that invested in Striga in 2021.

Tallinn-based eID Easy , a company that develops digital signature applications, announced that it has raised €2.4M in a seed round. The round was led by DeepIE Ventures with participation from Boole Investment Syndicate and other existing investors.

Estonian-founded venture capital fund Plural led a $8.3M Series A round for US cybersecurity company Arcjet . Other participants in the round included Ott Kaukver (former CTO of Twilio & Checkout.com) and existing investors Andreessen Horowitz, Seedcamp, Jeff Lawson (former CEO of Twilio) and Feross Aboukhadijeh (CEO of Socket). 

Estonian company Rentster, which develops software for automation and self-service, has changed its name to Autlio and pivoted. In addition, Taavi Lindmaa has joined the company as a co-owner and will lead the company's development and customer experience direction.

 Estonian-founded venture capital fund Plural has a new co-owner. Pierre-Dimitri Gore-Coty, former senior vice president of delivery at Uber, will join the company as a permanent partner in Paris, where Plural is opening its first office in France.