A new Estonian fund Sunly Future Ventures (SFV), established by Erki Ani (co-founder of Estonian cleantech accelerator Beamline) and Rasmus Udde will back pre-seed cleantech startups. SFV is a #greentech investment fund with an initial ticket of €500K per startup and follow-on

Latvian 4pm Ventures has launched a laboratory for startups Future Health Lab, which will run online from 12 June to 18 December.

To date, the lab has selected 21 startups for the first module. 12-15 startups will participate in the program for free. Other participants will have

Lithuanian virtual cash register system for small and large businesses Virtualikasa.lt, developed by digital marketing agency Brand Lions, has been acquired by Lithuanian fintech Paysera. The amount of the deal is undisclosed.

Founded in 2020 by Mantas Chodosevicius and

Estonian foodtech Thormi, which is developing plant-based proteins, is raising €250K. The lead investor is Estonian business angel Jaak Ennuste. The funding round is still open.

Founded in 2021 by Peeter Tava and Marge Tava and registered as Vegestar, the startup works by

Gene therapy enhancement #biotech ExpressionEdits, co-founded by Estonian entrepreneur Kärt Tomberg, has raised €12M. The seed round was led by #London -based Octopus Ventures and #Swiss VC redalpine, with participation from US-based BlueYard Capital, #London -based Wilbe Capital,

Lithuanian Contrarian Ventures has been one of the lead investors in #French logistics electrification and energy management service provider Decade Energy, with the €3.6M seed round also co-led by #Munich -based Ananda Impact Ventures.

Founded in #Paris in 2019 by Carl-Magnus Norden, Casper Norden,

Lithuanian #healthtech startup Spike has raised $3,5M in a seed round from the lead investors Lithuanian Practica Capital and #Miami -based VC TheVentureCity. #Florida -based CEAS Investments, US accelerator and fund Plug & Play Ventures, #NewYork -based Geek Ventures, and

Lithuanian social networking application developer Joiner App | Launching Soon! 🔜 has raised €500K from Lithuanian private business angels and advertising agency Ogilvy Vilnius and law firm Motieka and Audzevich. The post-money valuation of the startup is €4M.

Founded in 2022 by Eduard Titov and

Riga-based AI-powered competitor tracking startup RivalSense has raised an investment from Estonian lead investor Change Ventures with the participation of Hungarian Fiedler Capital and some Latvian business angels. The amount of the deal is undisclosed.

Founded in Riga in 2024 by

#Tallinn -based startup heybooster, the developer of an AI-powered analytics platform, has raised €770K from #Turkish Ak Asset Management and Arz Portföy, Istambul-based investment fund StartersHub, and follow-on investments from Turkish investment management company

Estonian software development company Helmes has acquired a 75% stake in Estonian service design and #digital transformation company Trinidad Wiseman (TWN). Details of the deal were not disclosed. TWN will keep its name and will work as an independent company. The company's

According to the StartupBlink Global Startup Ecosystem Index 2024, the Baltic States ranked among the top 50 best countries to found a startup. Estonia became a leader in the #Baltics , taking 12th place, moving up two places from last year. Lithuania also moved up one place to

Lithuanian AI-powered B2B-sales platform Evergrowth raised €500K from the founder of #Danish online review platform Trustpilot Peter HoltenMühlmann. It is an extension of the €2M pre-seed round that was announced in February 2024.
balticvc.com/2024/02/vilniu…

Evergrowth has also

Estonian accelerator and fund Startup Wise Guys has invested in #Austrian deeptech software company SOMAREALITY. €1,5M round was backed by Austrian Gateway Ventures, Wodak and Partner, Panta Rhei and Manfred Stockmayer, Birdhouse and Medical Technology Lab.

Founded in

Latvian telemedicine platform Medon has raised €325K from Latvian investors. One of the investors is business angel Martins Singers.

Founded in #Riga in 2021 by Roberts Lasovskis, Andrejs Mironovs, Martins Erglis, and Helvijs Henselis, Medon offers online #medical consultations from