Estonian Yolo Investments invests in American Meld
Estonian Yolo Investments has invested in the American crypto company Meld . The $7M funding round was led by Lightspeed Faction. Other investors include F-Prime, and Scytale Digital.
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Speenrgy: Revolutionizing Electric Vehicle Range with Innovative Green Energy Technology
Ad: Partner content with Speenrgy In the rapidly evolving landscape of sustainable transportation, Latvian startup Speenrgy is emerging as a game-changer. Founded in 2023 and headquartered in Riga, Speenrgy is dedicated to accelerating the adoption of electric vehicles (EVs) across personal, commercial, and industrial sectors. By harnessing kinetic energy from incoming air, their groundbreaking ECO range-extender device generates clean electricity on the move, addressing key barriers like limited range, frequent charging, and battery degradation.
Lithuanian Inbalance grid raises €1.8M
Inbalance grid , a Lithuanian developer of electric vehicle charging solutions, has closed an investment round worth €1.8M with the participation of Coinvest Capital , EIT Urban Mobility and business angels. The company will use the raised capital to develop technologies, improve products, accelerate sales and strengthen internal processes, as well as further increase market share.
Estonian AI startup Flashka raises €1M
Estonian AI startup Flashka has raised €1M in pre-seed round led by Outlast Fund with the participation of UCP and Vento Ventures .
Lithuanian Cast AI gets unicorn status
The Lithuanian company Cast AI , which develops a product to optimize cloud costs for businesses, has announced the attraction of strategic investments from Pacific Alliance Ventures . Although the exact amount was not disclosed, after this round of financing, the cost of Cast AI exceeded $1B, thanks to which the company was able to obtain the status of a unicorn.
London-based platform Zilch acquires Lithuanian Fjord Bank
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.
Estonian Rollo Robotics raises €3.7M in pre-seed round
Estonian startup Rollo Robotics , developing an autonomous monowheel security robot, has raised €3.7M in pre-seed round to further mature its gyroscopic stabilisation technology. The investment round was led by Berlin-based FoodLabs and venture capital firm Prototype, with support from Enterprise Estonia ’s RUP programme.