BalticVC

  Estonian company Icebreaker.vc has exited its portfolio company Vespia , which has been acquired by Veriff . As part of the deal, the Vespia team will join Veriff.

Estonian Yolo Investments made an exit from its portfolio company CoinMENA . The company was acquired by Türkiye’s leading digital asset platform Paribu . 

The American company Netflix has acquired the Estonian platform Ready Player Me , specializing in the creation of digital avatars for games and virtual worlds. The financial terms of the deal were not disclosed, but it is known that the Ready Player Me team, numbering about 20 employees, will completely transfer to the Netflix Games division.

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.

Estonian venture fund Trind VC made an exit from its Norwegian portfolio company Tise , in which it had invested in 2020. The company was acquired by eBay , the global leader in e-commerce.

  Estonian cybersecurity company Rangeforce has been sold to its Israeli competitor Cyberbit . The parties have not disclosed the amount of the transaction.

Lithuanian software manufacturer Amberlo has been acquired by European legaltech provider stp.one . It is an exit for Lithuanian venture capital firms Iron Wolf Capital and 70V и Polish Next Road Ventures , Corvus Ventures , which invested $1.2M in Amberlo in 2021. 

Canadian software company Enghouse Systems has acquired Lithuanian mobility services platform Trafi . This is an exit for Lithuanian Practica Capital , Estonian BaltCap , British Octopus Investments and European Bank for Reconstruction and Development (EBRD).

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.

Israeli marketing software company Optimove has become the new owner of Estonian startup Adact . This is an exit for Estonian Business Angel Network  and Startup Wise Guys , which invested about $240K in Adact in several rounds. 

Riga-based venture capital BADideas.fund said it has exited Swiss startup RoomPriceGenie , in which it invested €170K in 2023. This is the first exit for the Latvian fund, which came as a result of the startup raising $75M from an American company Five Elms Capital.

Swedish lending company Clar   has acquired an Estonian fintech startup Fiizy . This is an exit for Nordic Secondary Fund , which invested in Fiizy in 2021. 

  Parcelsea , a developer of parcel vending machines and smart mailboxes, has sold its business to Ukrainian company Jetbeep. As a result of the deal, Jetbeep will receive the startup's intellectual property and customer contracts, while the Parcelsea team will join the new owner. 

Estonian influencer marketing platform Modash has acquired Promoty, another influencer platform with CRM tools. The acquisition was made possible after Modash raised  €11M in the fall of 2024. 

Lithuanian Contribee , which helps entrepreneurs and companies manage their fan subscriptions or support their favorite creators and discover exclusive content, has been acquired by Lithuanian Masiva Group. The deal is an exit for Lithuanian Coinvest Capital , Estonian Startup Wise Guys and several business angels.

Estonian accelerator Startup Wise Guys has exited from the US AI-powered solution Elai.io , which allows users to convert text to video. Elai.io has been acquired by the US educational video platform Panopto . Details of the deal were not disclosed. 

Estonian accelerator and fund Startup Wise Guys has exited the Italian delivery management solution Deliverart . The startup’s new shareholder is the Italian company TeamSystem which develops digital business management solutions.

Lithuanian provider of field service management software provider Frontu  (formerly Tasker) has been acquired by German long-term investor and growth accelerator Everfield.

Lithuania's Practica Capital has exited Lithuanian medtech Softneta , in which it invested €1M in 2016. Softneta has become part of a group of healthcare IT companies in a portfolio of funds advised by investor Bregal Unternehmerkapital. As part of the deal, MedDream, a Softneta portfolio company that develops medical devices for processing, visualizing, and transmitting diagnostic medical data, has been spun off to form MedDream UAB. 

Estonian AI-powered HR platform Wisnio  has been acquired by Swedish talent assessment company Assessio Group. The acquisition represents an exit for Wisnio's early investors from Estonia: Siena Secondary Fund , Spring Capital ,  Startup Wise Guys , and Metaplanet . According to public sources, Startup Wise Guys invested in Wisnio in 2016, Metaplanet invested in 2019 and Spring Capital in 2021.