BalticVC

Latvian fund LongeVC  has invested in US-based Glyphic Biotechnologies , which is developing a protein sequencing platform.

Riga-based asset-backed investment platform Indemo , which means Investment Democracy, has raised €556K at a pre-money valuation of €7.5M from a mix of new and existing private investors from Ireland, Canada, Lithuania, and Latvia.

Lithuanian BSV Ventures , which changed its name from Baltic Sandbox Ventures last week, has raised $15M from NATO Innovation Fund (NIF), Lithuanian ILTE fund (ex-Invega), which invested under the Accelerator 2 program, and other private investors from Europe.

We want to share a podcast, made by Google AI-pilot. It consists of a short review of the Baltic Startups Survey 2024, revealing its main ideas in plain English. If you prefer to get information informally, you should listen to it.

Venture capital firm Plural, founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, has led a €151.6 round in Munich-based aerospace startup The Exploration Company (TEC). Balderton Capital was a co-lead investor with participation from Bessemer Venture Partners, NGP Capital, French Tech Souverainete, DeepTech & Climate Fonds (DTCF), Bayern Kapital, EQT Ventures, Red River West, Cherry Ventures, Promus Ventures, and Omnes Real Tech Fund.

Estonian startup Sera  has raised investment. The pre-seed round was led by Estonian Specialist VC with participation from a co-founder and CEO of Bolt Markus Villig and Kaspar Tiri (a co-founder of the Estonian avatar platform for creating virtual identities Ready Player Me). The amount of the investment was not disclosed.

  Estonian accelerator Startup Wise Guys has invested in Ukrainian startup Pibox. Czech Presto Ventures and Canadian Globalive Capital also participated in the $1.2M round.