BalticVC

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

Lithuanian fund BSV Ventures has participated in a €2.2M pre-seed funding round for the Netherlands-based biotech startup QurieGen . Czech investment companies Tensor Ventures (lead), Lighthouse Ventures, Moondust Ventures, 22 Hor Invest, and Tim Draper also participated in the financing.

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.

NRG Solutions, a company specializing in space technologies, has become a participant in the support program of the European Space Agency Business Incubation Center ESA BIC Latvia . It is the first company accepted into the incubation program, which plans to support at least 12 startups over five years.

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.