Posts

Lithuanian company Oxylabs buys French ScrapingBee

Lithuanian  Oxylab has bought French company ScrapingBee . The acquisition involved an undisclosed eight-figure sum.

Lithuanian tech startup Traxlo raises €1.6M

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Lithuanian technology startup Traxlo has raised €1.6M from Coinvest Capital , Bad Ideas Fund, Plug and Play , NGL , DEPO Ventures , and existing investors. The funds will be used to expand the startup's infrastructure in Central and Eastern Europe.

Estonian fund Karma Ventures invests in Finnish company Swarmia

Estonian Karma Ventures participated in a €10M round for Finnish SaaS company Swarmia . DIG Ventures and business angels also participated in the round, including Romain Huët (Open AI’s head of developer experience) and Cal Henderson (co-founder and former CTO of Slack).

Estonian programming school //kood opens offices in Ukraine and Kenya

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  Estonian programming school //kood opened its offices in Ukraine and Kenya with the support of the Estonian Service for International Development ( ESTDEV ). In Ukraine //kood cooperates with Zhytomyr Polytechnic University, and in Kenya the partner is GreatWell Training College in Nairobi. 

Estonian energy startup Gridraven signs a contract with Finland's Fingrid

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Estonian energy startup Gridraven has signed a contract with Finland's national grid operator Fingrid . Gridraven's software will increase the capacity of the country's existing transmission lines by 30%.

Plural invests $8.5M in Ljubljana-based technology startup Sunrise Robotics

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  Plural , a venture capital firm founded by Estonian entrepreneurs, has invested $8.5M in technology startup Sunrise Robotics .

Vilnius-based payment company Paynt buys Canada's E-xact Transactions

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Paynt , a payment technology company, has bought Canadian company E-xact Transactions . The acquisition of E-xact, which processes more than CAD 3.5B in more than 50M transactions annually, will create a new operations center in Vancouver, Canada.