BalticVC

Venture capital firm Plural has led a $36.5M round A Finnish startup IXI with participation from Tesi , byFounders , Heartcore , Eurazeo , FOV Ventures , Tiny Supercomputer and earlier investors. 

Estonian startup Wayren  has raised €7.9M from Greek company EFA GROUP . 

  Estonian Startup Wise Guys has been ranked sixth in Sifted 's ranking of the most active venture capital funds in Europe for Q1 2025. There are a total of 165 venture capital funds that have made at least three investments in the ranking.

Estonian transportation technology startup Ridango bought Irish software company uTrack .

Tallinn-based unicorn Bolt has launched a business accelerator in Estonia aimed at food delivery managers and drivers to help them turn their business ideas into reality. The project is implemented in partnership with Civitta .

MyDello, an Estonian startup digitizing the logistics sector, has announced a major expansion, entering the markets of Norway, Finland, Denmark, the Netherlands, Poland and Germany.

Estonian company GScan has raised €2.8M. Among the company's investors was Estonian Ivard OÜ, whose largest shareholder is Peeter Mand, founder of Sylvester and Eften Capital, who contributed almost €1M. GScan CEO Marek Helm invested in the company €300K.

Ten startups have entered the defence technology pre-accelerator, the programme of which is being implemented by the Startup Incubator Tehnopol and the Tartu Science Park Sparkup . 

Estonian startup Esgrid   has raised €400K  in a new round of funding led by venture capital firm 2C Ventures . Other investors include companies that have previously invested in the startup: Lemonade Stand , Startup Wise Guys , and Copenhagen-based Greenco Ventures.

AI developer STACC and startup eAgronom  have received a €430K grant from the European Space Agency (ESA) for the CoverCrop project. 

Baltic companies that have contributed to the development of financial technology in the region have been honored at the Baltic Fintech Awards 2025.

Estonian software developer Trinidad Wiseman has completed a digital development project in Kenya. The company's work was carried out in cooperation with the Estonian Centre for International Development Cooperation ( ESTDEV ) and government agencies in Kenya.

Estonian company UP Catalyst has received an €18M loan from European Investment Bank (EIB) to expand its carbon materials production.

Estonian software company Net Group is expanding its presence in Germany by acquiring  technology company Cloud Ahoi .

Tallinn-based Ultra  has closed a €10.8M round. The round was led by Luxembourg-based multifamily NOIA Capital through its NOIA Digital Asset fund.

Estonian Startup Wise Guys  has exited Ukrainian company BotsCrew , which develops chatbots for business. The controlling stake in the AI startup was acquired by the US company CourtAvenue . The founders did not disclose the value of the deal.

Estonian Business Angels Network (EstBAN) has elected three new board members for the next two years. 

Estonian startup UP Catalyst has made it to the list of 47 companies that the European Commission has chosen to strengthen the commodity chain. Other participants in the initiative include startups from Belgium, France, Italy, Germany, Spain, Czech Republic, Greece, Sweden, Finland, Portugal, Poland and Romania.

TIME included Skeleton Technologies in its list of the World’s Top GreenTechCompanies. The Estonian technology startup was ranked 30th out of the top 250 companies. 

Estonian investment firm Karma Ventures led a $7.5M Series A funding round for WunderGraph . Other investors in the startup include US venture funds eBay Ventures and Aspenwood Ventures.