Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Baltic Startup Mafia, News & Media Website, .
(3)
Baltic Startup Mafia is a podcast and page on Facebook and LinkedIn, where anyone in the world can get quick and easy access to startup news from three countries in the Baltic region - Latvia, Lithuania, and Estonia.
🇱🇹 Eany.io, a Lithuanian start-up developing a B2B platform for trading electronics, household, and DIY goods, secured a €2 million investment in seed funding.
Eany.io, a Lithuanian start-up developing a B2B platform for trading electronics, household, and DIY goods, secured a €2 million investment in seed funding. It was provided by well-known European investment funds Market One Capital from Poland and Practica Capital from Lithuania. “There are only...
🇱🇻 The domestic company BeTriton which operates in the field of electro-mobility solutions and develops amphibious bicycle campers, has raised 80 thousand euros from 150 investors through a crowdfunding campaign on the Crowdcube platform.
The domestic company BeTriton, which operates in the field of electro-mobility solutions and develops amphibious bicycle campers, has raised 80 thousand euros from 150 investors through a crowdfunding campaign on the Crowdcube platform.
🇪🇪 Viacurrent is dedicated to empowering employees by providing real-time access to their earned wages and offering a comprehensive financial education hub. Rockstart, the early-stage accelerator and venture capital firm, has announced its latest investment in Viacurrent although the exact funding amount remains confidential.
Viacurrent, led by co-founders Hendrik Ojamaa, Arnold Veltmann, Lemmo L., and Johannes Ööpik, is dedicated to empowering employees by providing real-time access to their earned wages and offering a comprehensive financial education hub.
🇱🇻 The Latvian mechanical engineering company Electrify has secured 1.5 million euros from the venture capital fund ZGI Capital. This funding will allow Electrify to expand its operations, providing working capital for the production of electric minibuses, and helping to reduce the environmental impact of public transport.
This funding will allow Electrify to expand its operations, providing working capital for the production of electric minibuses, and helping to reduce the environmental impact of public transport.
🇱🇻 Mintos the multi-asset investment platform offering a mix of alternative and traditional assets, announced the successful completion of its crowdfunding campaign on Crowdcube. The campaign, which aimed to invite both existing investors and the broader public to become shareholders in Mintos, has surpassed expectations, raising a total of €3.1 million from over 3300 investors during a 14-day stretch.
The campaign, which aimed to invite both existing investors and the broader public to become shareholders in Mintos, has surpassed expectations, raising a total of €3.1 million from over 3300 investors during a 14-day stretch.
🇱🇹 Biomatter, a leading enzyme design company, has successfully closed a €6.5 million seed funding round.
In 2019 Biomatter unveiled the first fully functional enzymes created with generative AI in Nature Machine Intelligence. This was a paramount milestone for the synthetic biology field, spawning multiple new research and development directions across the globe. Now, Biomatter’s Intelligent Architecture™ platform allows building new enzymes "bottom-up", without the traditional constraints of natural enzymes, greatly expanding the potential scope of their applications.
Biomatter, a leading enzyme design company, has successfully closed a €6.5 million seed funding round jointly led by Inventure and UVC Partners. The round was joined by existing investors, Practica Capital and Metaplanet, as well as business angels and industry experts. In 2019 Biomatter unveiled...
🇪🇪 Talinn-based fintech Enty has raised a €700,000 seed round. Enty provides financial and invoice management and contract development and management to SMEs on a subscription basis, ensuring compliance with EU, EEA and UK local regulations
Estonia is a cashless society with over 99% of financial transactions occurring digitally.
🇱🇹 Finbee Verslui, an alternative lender based in Lithuania, has successfully closed a funding round, securing a €35m investment. The company, which specialises in providing financial solutions to SMEs, will use the new funds to finance over 1,500 businesses. This will allow for quicker loan processing and more favourable terms than previously possible.
Finbee Verslui, an alternative lender based in Lithuania, has successfully closed a funding round, securing a €35m investment.
🇱🇻 Jeff App, data-driven financial marketplaces operator for the emerging world, has secured $2M in late-seed financing round. With the new capital, startup will continue its commercial expansion into India and other emerging markets throughout Asia and beyond, accelerate the recruitment of top tech talent, and build out the suite of financial services and products, such as credit, on their marketplace.
Jeff App, data-driven financial marketplaces operator for the emerging world, has secured $2M in late-seed financing round.
🇱🇹 Bear Room, a Vilnius-based innovative mobile app offering immediate stress relief through unconventional methods, has recently secured a significant funding round. Developed by Lithuania-based Impact Venture Studio DŌBRA who has raised over €500,000 for the app development.
Bear Room, a Vilnius-based innovative mobile app offering immediate stress relief through unconventional methods, has recently secured a significant funding
🇱🇹 FreeBnk, a Lithuanian blockchain-based fintech company, has announced the successful completion of a $3 million funding round. The company’s innovative approach to tokenized real-world assets (RWAs) and advanced financial services positions it as a gateway to financial empowerment, making blockchain investment more accessible and secure.
FreeBnk, a Lithuanian blockchain-based fintech company, has announced the successful completion of a $3 million funding round. This investment was led by
🇪🇪 eAgronom the Estonian agriculture-focused climate tech company helping farmers adopt sustainable practices has secured €10 million in its Series A2 equity round. Working directly with independent farmers and major agricultural conglomerates to implement crop monitoring from fields, automated reporting, crop and yield plans, farm activity schedules, and more, eAgronom has modernised hundreds of thousands of hectares across Europe and Africa.
Page Not Found
🇱🇹🇸🇪 Mavenoid, the AI-powered product support platform for product manufacturers and retailers, with the co-founder from Lithuania announced the launch of Generative Answers and Vision Assist as well as a debt financing round of $6m with HSBC.
Today Mavenoid, the AI-powered product support platform for product manufacturers and retailers, announced the launch of Generative Answers and Vision
🇪🇪 Tallinn-based startup Cookie3 has secured $5.5M in funding to support the launch of its governance and utility token, $COOKIE. It is the first MarketingFi token and it features multi-airdrops utility across Cookie3 platforms and an AI data credits redemption mechanism.
Tallinn-based startup Cookie3 has secured $5.5M in funding to support the launch of its governance and utility token, $COOKIE. The funding includes $3.3M from
🇱🇻 Latvian startup RivalSense allows users to track their competitors with AI. Recently the company has raised an angel round. The investment amount is not disclosed.
Latvian startup RivalSense allows users to track their competitors with AI. The company is founded by serial entrepreneurs Martins Vaivars and Arturs Prieditis, two Techstars alumni who have now founded several machine learning companies together.
🇪🇪 Estonian Constructiontech BISLY has raised a €6.2M Series A round. Bisly blends its Single Cloud Platform that integrates different stages of the customer experience with its patented digital twins system. Created using the specific building’s floor plans and specifications, the digital twin system accelerates setup and continually tracks consumption data, optimising areas where efficiency measures are lagging and improving energy conservation and financial savings over time.
85% of all buildings in the EU were built prior to 2000, and 75% of those buildings have poor energy performance.
🇪🇪 Estonian defence tech SensusQ has secured €3.8M. The company provides an AI-powered on-premise system that can fuse data from multiple sources and sensors, such as UAVs, cyber events, open source intelligence, and human intelligence, into a single picture combining all domains.
Increasingly, state actors need software that can aggregate and analyse data from a multitude of sources.
🇱🇹 Lithuanian B2B data tech startup Spike has successfully closed an oversubscribed $3.5 million seed round. Spike offers healthcare and digital health businesses a solution for safely, efficiently, and compliantly incorporating AI into their applications.
Spike provides non-diagnostic RAG AI (Retrieval Augmented Generation) products through its white-labelled SDKs for health professionals and end users in IoT and wearable tech.
🇪🇪 Tallinn-based Health, a comprehensive health and wellness resource supporting women throughout maternity, has raised €620K in a seed funding round. This funding brings their total raised to €750K. CARÁ Health provides evidence-based information, curated product suggestions, podcasts, masterclasses, and personalized support services for prenatal and postpartum care. The new funds will be used to enhance their product and technology offerings and to expand into the DACH region.
Tallinn-based CARÁ Health, a comprehensive health and wellness resource supporting women throughout maternity, has raised €620K in a seed funding round led by
🇪🇪 ExpressionEdits, a biotechnology company optimizing protein expression using AI and proprietary intronization technology, announced a $13 million seed funding round. Founded in 2021 by Estonian Dr. Kärt Tomberg, Professor Allan Bradley, and Dr. Liliana Antunes based on research from the University of Cambridge, the company’s proprietary intronization technology revolutionizes gene design by mimicking the natural genetic landscape.
ExpressionEdits Raises $13M in Seed Funding to Advance Protein Expression Using AI-Driven Intronization Technology
🇱🇹 Vilnius-based evergrowth has merged with Apolo Mktng. Evergrowth specializes in AI-driven B2B sales solutions, while Apolo focuses on AI-powered personalized marketing. The merger aims to integrate Apolo’s advanced AI technologies into Evergrowth’s platform, enhancing their ability to deliver personalized, data-driven sales strategies. This combined expertise positions them to lead the market in AI-powered sales and marketing solutions. Additionally, Evergrowth has raised its pre-seed funding to a Baltic record of €2.5 million, supported by various venture capital firms and private investors.
Vilnius-based Evergrowth has merged with Apolo Mktng. Evergrowth specializes in AI-driven B2B sales solutions, while Apolo focuses on AI-powered personalized
🇱🇻 Medon, a digital clinic founded in Latvia, said it has secured investments of EUR 320 000 from several Latvian entrepreneurs, describing the move as "a significant step towards strategic expansion into new markets. This investment will help Medon achieve its vision of making healthcare accessible both in Latvia and globally."
Medon, a digital clinic founded in Latvia, said May 29 has secured investments of EUR 320 000 from several Latvian entrepreneurs, describing the move as "a significant step towards strategic...
🇪🇪 Tallinn-based startup Esgrid announced that it has secured €500,000 Pre-Seed funding to build accessible value chain sustainability management tools, noting enterprise and financial sector clients among its customer base. Founded in 2023, Esgrid provides value chain sustainability management solutions for medium-sized enterprises and financial institutions.
Esgrid provides value chain sustainability management solutions for medium-sized enterprises and financial institutions.
🇱🇹 Lithuanian advanced swarm detection company Unmanned Defense Systems announced it has raised €3.2M to scale battlefield-tested UAVs and advance AI-based swarm integrations with contemporary battlefield management systems.
The company has already won multiple defence procurement tenders and supplies its solutions to the Lithuanian and Ukrainian armed forces, other EU members, and NATO allies.
🇪🇪 Tallinn-based Zero Terrain / Energiasalv has partnered with the Estonian government to develop Estonia’s first pumped-hydro energy storage project, a key initiative in Estonia’s renewable energy strategy. The partnership, formalized through a Memorandum of Understanding (MoU), aims to address market challenges and secure funding for the innovative Zero Terrain Paldiski 500MW underground long-duration energy storage plant. The project has received a grant of €1.98 million from the state’s applied research program.
Tallinn-based Zero Terrain has partnered with the Estonian government to develop Estonia's first pumped-hydro energy storage project, a key initiative in
🇪🇪 Estonian battery developer Skeleton Technologies, widely believed to be the country’s next unicorn, is expanding in France and preparing for a potential stock exchange listing in three years. The company plans to invest €600M to construct a graphene-based battery-cell plant and research centre near Toulouse in southern France.
Estonian innovations power pan-European companies. Battery maker Skeleton Technologies announces a new factory in southern France and eyes a potential 2027 IPO.
🇪🇪 Estonian medtech company Nanordica Medical has raised €1.75 million to enter the market with first-in-class wound care products curing severe wounds.
Estonian medtech company Nanordica Medical has raised €1.75 million to enter the market with first-in-class wound care products curing severe wounds. The
🇱🇹 Lithuanian retailtech startup announced that it raised €1.5 million in new funding. Pixevia is the first technology platform to provide real-time receipts in AI-driven stores. This technology is easily implemented across store formats, including high-traffic convenience stores, gas stations, and container stores.
Pixevia brings the conventional grocery store into the digital age with a seamless, cashier-less checkout process and AI-powered store management tools.
🇱🇹 LILEDU, a Lithuanian-founded educational toy subscription service, announced a €500,000 investment to fuel its expansion into the UK.
Liledu offers subscribers eco-friendly wooden toys based on the Montessori educational method, tailored to children's ages and developmental stages.
🇱🇹 Established in Vilnius, TransferGo has secured a $10 million investment from Taiwania Capital Management. TransferGo is a financial services company that specializes in international money transfers, offering accessible and reliable services with a focus on customer satisfaction. This funding will accelerate their growth in the Asia-Pacific region and support the expansion of their new product offerings, following a 50% year-over-year growth and achieving profitability last year.
Established in Vilnius, TransferGo has secured a $10 million investment from Taiwania Capital Management. TransferGo is a financial services company that
Be the first to know and let us send you an email when Baltic Startup Mafia posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.
Send a message to Baltic Startup Mafia:
Want your business to be the top-listed Media Company?
