BalticVC

Latvian FinTech company Eleving Group has begun collaborating with Lithuanian startup Chaseit with the aim of introducing artificial intelligence (AI) voice agents in call centers.

Estonian company Scoro has acquired Envoice , an Estonian invoice and expense management platform. Envoice will continue to operate as an independent company and brand.

London-based consumer payment platform Zilch acquires a 100% stake in Lithuanian Fjord Bank and makes Vilnius its European headquarters. The deal is expected to close in the second half of 2026.

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.

Estonian unicorn Bolt has signed a partnership agreement with autonomous driving startup Pony.ai . This will allow Bolt to add driverless cars to its taxi service in Europe.

Estonian electric cargo bike manufacturer Vok Bikes and Renault Group are entering into a strategic partnership with the aim of launching mass production of the latest generation of Vok four-wheel electric bikes. Production will begin in early 2026 at the Renault Refactory plant in Flins, France.

Jeff Bezos' AI startup Project Prometheus has acquired General Agents , a startup founded by Lithuanian Jurgis Pašukonis.

Latvian technology company Digmatix (formerly Digital Mind) has signed an agreement to acquire Croatian consulting company DignetSoftware . The transaction will be carried out in stages over the next two to three years. The cost of the transaction has not been disclosed.

Latvian company TestDevLab has become part of US-based Xoriant , a global provider of engineering and technology services.

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.

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 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.

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

Lithuanian company Codigi has bought Aicore, a  specializing in AI and IT services for the manufacturing sector. The two companies have been working together for a year, and the merger will allow Codigi to integrate Aicore's solutions into its platform.

Estonian companies Nortal and SensusQ have signed a memorandum of understanding with South Korean aerospace and defense company Hanwha Aerospace to create a new high-tech battlefield management system (BMS).

Estonian company UP Catalyst has signed a partnership agreement with Finnish paint manufacturer Teknos . UP Catalyst will use its technology to convert industrial CO₂ emissions into high-quality carbon materials for paints and coatings.

Spanish energy company Repsol has acquired a 3,6% stake in Stargate Hydrogen , an Estonian company developing technology for efficient and cost-effective hydrogen production. 

Estonian fintech startup Tuum has announced a partnership with London-based payment processing platform Solidgate . Together they are creating Solidgate Treasury, a solution that will provide online companies with global access to payment systems such as SEPA and SWIFT.

Estonian company Nortal has acquired Nearsure , a U.S. software company with a customer base in the U.S. and more than 600 employees in Latin America. According to company representatives, this is the largest acquisition in Nortal's history and strengthens its presence in the U.S. market.