Estonian 2C Ventures invests €1M in Italian AI startup Renewcast
Estonian venture fund 2C Ventures has invested €1M in Italian AI startup Renewcast as part of a SAFE round.
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Estonian Nortal and SensusQ collaborate with South Korea's Hanwha to develop battlefield management system
Estonian companies Nortal and SensusQ have signed a memorandum of understanding with South Korean aerospace and defense company Hanwha Aerospace to create a new high-tech battlefield management system (BMS).
Lithuanian SpringWater invests in Romanian FirstPromoter
Lithuanian SpringWater has announced its official launch and first investment in Romanian company FirstPromoter .
Estonian UP Catalyst converts CO₂ emissions into materials for paints for Finnish Teknos
Estonian company UP Catalyst has signed a partnership agreement with Finnish paint manufacturer Teknos . UP Catalyst will use its technology to convert industrial CO₂ emissions into high-quality carbon materials for paints and coatings.
Estonian Smartcap joins Siena Secondary Fund II as lead investor
Estonian state-owned company SmartCap and the European Bank for Reconstruction and Development (EBRD) acted as lead investors in the Siena Secondary Fund II private equity fund, investing €10M each.
Estonian Startup Wise Guys invests in Ukrainian Uspacy
Ukrainian SaaS startup Uspacy has raised €420K in pre-seed funding. The round included €250K in investment from Startup Wise Guys , supported by business angels. An additional €170K was received in grants from Google for Startups, Seeds of Bravery, Glovo Startup Lab, and the Ukrainian Startup Fund, supported by UMAEF.
Estonian Plural invests in British startup Phasecraft
Venture capital firm Plural , founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, has led a €34M round for Bristol-based Phasecraft , a quantum algorithms company. Other lead investors included Playground Global , Novo Holdings’ Quantum Fund with the participation of some existing investors.