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Latvian startups will be able to receive funding in the amount of €200K

The Latvian Investment and Development Agency ( LIAA ) will allocate more than €18.5M to finance a new program to support the digitization of local companies.

Investments in Lithuanian startups increased 5 times in 1H 2025

In the first half of this year, Lithuanian startups attracted €167.7M in investments - 5 times more than in the same period last year. While the amount of investment has increased significantly compared to the first half of last year, when a total of €32M was raised, the number of startups that received it has dropped by 12% to 15 companies, according to data tracked by Unicorns Lithuania , a Lithuanian startup association.

Estonian CryptoSwift raises €510K

Estonian startup CryptoSwift has raised €510K in a pre-seed round. The round was backed by early stage investors Startup Wise Guys , Tenity , DEPO Ventures and a group of business angels. CryptoSwift will use the funds raised to expand its team and accelerate the adoption of its platform in the EU.

Estonian Vok Bikes raises $6M

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Estonian electric cargo bike manufacturer Vok Bikes has raised a $6M investment. The Series A funding round was led by SQM Lithium Ventures . Existing investors Metaplanet , Specialist VC , Sunly and SmartCap also participated.

Tallinn-based medtech startup Lifeyear raises €1.3M

Estonian medical technology startup Lifeyear has raised €1.3M from venture funds Verge HealthTech Fund , Tilia Impact Ventures , PurposeTech and Estonian business angels. The company received another €1.5M in technology development grants from the Estonian government. Lifeyear will use the raised funds to launch its digital platform for cardiac care in selected UK hospitals.

Lithuanian accelerator Firstpick invests in American AI startup Skarbe

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Lithuania's Firstpick has led a $600K Pre-Seed round for US AI startup Skarbe . Other investors in the company were Somersault Ventures and business angels Andreas Michalowitz and Jeroen Van Ermena.

Estonian AI design startup Flowstep raises $2.6M

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Estonian design startup Flowstep has received $2.6M in Seed funding. Supernode Global led the funding with participation of Adesso Ventures , Angel Invest , Dnipro VC , Iron Wolf Capital , Tera Ventures , Specialist VC and business angel Anton Borzov.