BalticVC

The Ministry of Internal Affairs of Estonia has again listed a number of companies that have exceeded the ten-year deadline and therefore can only be considered "startups" conditionally. One of them is now Veriff .

Objective and methodology of the survey The BalticVC media team conducted its second study of the Baltic startup ecosystem, the Baltic Startup Survey. The partner of the survey became Yellow Rocks! The study was conducted in the form of a survey of startup founders from Lithuania, Latvia, and Estonia.

The Estonian company Threod Systems , which develops unmanned aerial vehicles, tested a new unmanned precision strike system in cooperation with the Greek drone manufacturer S.A.S. Technology during the Aisios Omenos —25 exercises of the Greek armed Forces.

The Lithuanian company Vinted is considering the possibility of a secondary sale of shares. The deal is currently at an early stage and could be completed in early 2026.  Although the final estimate has not been confirmed, there is information that Vinted plans to raise about €8B to provide liquidity for early investors and long-time employees.

The Ministry of Economy of Latvia, The Financial Industry Association and the development finance institution Altum in cooperation with pension managers have agreed on the development of a new investment instrument – the Fund “For growth and protection”. 

Venture fund Plural is moving its parent company from the UK to Estonia, where its subsidiary was previously located. According to documents submitted to the Registration Chamber, the fund's shares were transferred to the Estonian company back in February.

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.