Tallinn-based Change Ventures has announced a second fund of over €30 million, which will funnel into the Baltic startup ecosystem. The firm also announced a leading pre-seed investment in Qoorio, a new venture by Justas Janauska, the Lithuanian co-founder and former CEO of Vinted. The fund’s anchor investor is European Investment Fund, joined by Draper […]
Earlier this summer, I had the opportunity to spend a few days in Lithuania to check out the startup scene there. I’d never been to Lithuania before, but the country has long been on my radar. Part of the reason for this is the many initiatives the country is putting forward to help develop their […]
Tech.eu’s not exactly alone in keeping a close eye on the Baltics, where an ever-increasing amount of interesting solid tech businesses are being born. Cue Google setting up a new partnership with the leading startup accelerator in the region, Startup Wise Guys, to support the burgeoning ecosystem(s). Founded back in 2012, Startup Wise Guys (SWG) […]
New Finland-headquartered VC firm Voima Ventures has announced a multi-stage fund to invest in deep-tech startups across the Nordics and Baltics. The founders, Inka Mero and Mikko Kumpulainen, say that the fund has €40 million committed and target a final closing of €50 million. Voima Ventures plans to make 25 to 30 investments from the […]
NordicNinja VC has launched a €100 million VC fund in partnership with Panasonic, Honda, Omron, and the Japan Bank for International Cooperation (JBIC), to invest in scale-ups in the Nordics and Baltics. The fund will also focus on helping the startups to enter the ecosystems in Japan and across Asia. The new fund will write […]
Tech.eu today released an in-depth report on the Baltic startup ecosystem(s) at the Digital Freedom Festival in Riga. The report features an data-driven look at how the technology startup scenes in Latvia, Lithuania and Estonia have evolved in the past four years, zooming in on trends in funding and M&A transactions. The report also features […]
In the second part of our deep dive into the Estonian tech and startup scene, Ivo Špigel talks to the startups, co-working spaces and accelerators that are making things happen in the Baltic digital wonderland.