BalticVC

Estonian accelerator Startup Wise Guys exited from Tallinn-based cyber tech firm  TRAPMINE , which develops anti-malware solution. TRAPMINE was acquired by a US cybersecurity company. The buyer undisclosed.

Latvian marketing data analytics startup Roibox   was acquired by marketing technology company Jakala. According to public information, Jakala purchased 53% of the startup. Roibox’s founders saved their stakes.

Lithuanian Business Angels Fund exited  the Kaunas-based provider of solar energy solutions for private households and businesses Energia Futura . The details of the deal are undisclosed, but according to the fund, it was a successful investment for them. Business Angels Fund invested €300K in Energia Futura in 2020.

  Lithuanian venture fund Practica Capital made a partial exit from the Lithuanian developer of solar project design software PVcase , after a new $100M injection from London-based venture firm Highland Europe, US company Energize Ventures, and Boston-based existing investor Elephant. Currently, the startup secured over $123M in its history.

The initial public offering of an Estonian autonomous store technology startup Grab2Go ended on 6 June 2023.

Lithuanian-based fund Cats.VC exited Estonian SaaS solution for agricultural land management eAgronom . This is the first exit of the fund. 

Estonian streaming platform Fairmus   acquired  100% of Estonian marketplace for music copyright Fanvestory . It is an exit for Estonian accelerator Startup Wise Guys. According to public sources of information, the startup was backed also by Estonian venture capital firm and accelerator Storytek, and other Estonian and foreign investors. The acquisition was advised by the international business law firm Sorainen.

Estonian-US startup Snackable.ai was acquired by the e-commerce platform Amazon. The deal was closed in December 2023. With the acquisition, Estonian venture funds Tera Ventures, Superangel, and founder of Skype Jaan Tallinn exited from Snackable.ai. They participated in Snackable’s seed round of investments in 2019. The total amount of financing in that round was €1,27M.

Lithuanian Tesonet   invested  in the property technology platform Flanco . The amount of investments is undisclosed. The deal is an exit for previous investor Civinity, which 8% of  Flanco’s shares was also bought by Tesonet. Tesonet became a major strategic investor in the startup. 

Estonian venture fund Trind vc made an exit from its German portfolio company Chatchamp , in which it had invested in 2019. The startup was acquired by German personalization platform trbo. The amount of the deal is undisclosed. 

Latvian digital payment platform MeaWallet  and IT services company A-Heads Consulting have been acquired by UK-based fin-tech company SaltPay . The deal was an exit for Norwegian fund Idékapital , which invested in MeaWallet in 2018.