BalticVC

Estonian AI platform Vocal Image has raised $3.6M in its initial round. The round was led by Educapital , with participation from Specialist VC and Generations Fund .

  Uve Poom is the new Chief Operating Officer of Estonian startup CryptoSwift . Previously, he ran Tenity Tallinn, a venture capital fund center in Zurich, where he advised fintech companies such as CryptoSwift.

Latvian sports technology company Tournated has raised $750K from Scandiweb , Asian sports club Shijiazhuang Chaofeng Sports and an international padel organization.

Estonian technology company Datel has signed a contract with the European Space Agency ( ESA ) to develop elevation models based on space radar remote sensing data. The aim of the project is to create accurate and up-to-date digital elevation models that can be used in a wide range of applications, from environmental monitoring to infrastructure planning.

Estonian Bolt has entered the market of Kazakhstan. This is the first expansion in the company's history in the country from Central Asia. Bolt scooters appeared in Almaty, Kazakhstan's largest city, amid demand from residents for a more environmentally friendly mode of transportation.

Estonian fintech company Creem has raised €1.8M from Practica Capital and backed by Antler and leading business angels.

Latvian Startup Association Startin.lv has a new CEO. Roberts Alhimionoks will now lead the association. The former CEO, Olga Barreto Goncalves, worked at Startin.lv for almost four years.