Private equity and venture capital knowledge centre
Latest news Rss

The Estonian Private Equity and Venture Capital Association (EstVCA) Announced a New Board

06 December 2023

Siena Secondary Fund acquired a stake in leading energy storage company Skeleton Technologies

28 November 2023

Nordic Secondary Fund invests in metals analytic leaders DTE

20 November 2023

Superangel’s and Change Ventures’ portfolio company Fyma raises $2.1M to advance AI in real estate management

14 November 2023

EstVCA Participated at the Tech-Roundtable Meeting with Prime Minister Kaja Kallas

09 November 2023

INVITATION: EstVCA's New Management Board Announcement Event / 16 November 5 PM

06 November 2023

Tera Ventures and Specialist VC participate in Flowstep’s €755,000 pre-seed funding round

02 November 2023

Karma Ventures’ portfolio company Wirepas has raised a 22M USD round led by Highland Europe

01 November 2023

SmartCap Venture Capital Fund updated its strategy and is on the lookout for new investment opportunities

27 October 2023

Trind Invests in Wudpecker, a Finnish Startup Tackling Organizational Knowledge Fragmentation

27 October 2023
NEW MEMBER: Tenity - a global early-stage VC with backing from the Swiss stock exchange - joins EstVCA 26 October 2023
INVITATION 22 November: Nordic-Baltic PE/VC Momentum 2023 25 October 2023
Change Ventures participates in the £3 million Series A round to Drovo — the largest moving media network in the making 25 October 2023
Tera Portco AI Clearing Secures $14M in Series A Funding 24 October 2023
BaltCap to acquire VKG Elektrivõrgud - the second-largest electricity distribution network operator in Estonia 23 October 2023
Your.Rentals Secures Venture Capital Investment from Trind Ventures Following the Recent Crowdfunding on Seedrs 23 October 2023
SmartCap Green Fund participates in the €3.6 million investment round of an Estonian intelligent building platform Bisly 20 October 2023
EVENT: Nordic VC Masterclass PART 5 (November 29) 20 October 2023
Trind Ventures Contributes to Boksi's Successful 7M Series A Funding Round 19 October 2023
Siena Secondary Fund continues to back Estonian mobility unicorn Bolt 18 October 2023
BaltCap launches €200 million successor infrastructure fund 17 October 2023
Webel, the app that brings any service to your doorstep, raises €2.1M led by Trind VC 16 October 2023
Specialist VC leads the €380k pre-seed investment round to biotech startup Gearbox Biosciences 13 October 2023
Tera Ventures leads the €1.2M investment round to legal tech startup Avokaado 11 October 2023
Superangel and SmartCap participate in the €1.4 million investment round to Estonian agritech startup Paul-Tech 10 October 2023
Nordic Secondary Fund has acquired shares in GoMore, a peer-to-peer car rental and private car leasing company 05 October 2023
EVENT: EstVCA Open Doors Club / 5 October from 17:30 / Karma Ventures 02 October 2023
EVENT: Ellex legal session for Fund Managers / 12 October 4 – 7 PM 26 September 2023
SWG and Specialist VC participate in AskToSell's €100k pre-seed funding round 22 September 2023
EVENT: Nordic VC Masterclass PART 3 - Fundraising (October 4) 22 September 2023
Nordic Secondary Fund acquires a stake in Cleveron 18 September 2023
Trind Invests in Re-Commerce Marketplace Mjuk 15 September 2023
Baltic Startup Funding Report 15 September 2023
Karma Ventures’ portfolio company DRUID AI announced its 30M USD series B round 13 September 2023
NEW FUND: NordicNinja, Europe’s largest Japanese VC, announces €200M Fund II to help founders tackle global challenges 12 September 2023
EstVCA September 2023 Newsletter 07 September 2023
Karma Ventures’ portfolio company Commsignia has raised a 15M USD series B investment round 07 September 2023
Siena Secondary Fund acquired a stake in Finnish scaleup Oura Ring 23 August 2023
BaltCap receives full alternative investment fund manager’s licence 17 August 2023
Change Ventures led adtech firm Monetizr's $4 million round 11 August 2023
BaltCap and Draugiem Capital become majority shareholders of IGLU brand developer Pepi Rer 03 August 2023
Estonian startup Cuploop raised two million euros – SmartCap Green Fund among the investors 01 August 2023
BaltCap-backed Piletilevi Group expands in the CEE region with two significant acquisitions 25 July 2023
SWG's portfolio company GoRamp raises $3 Million in seed round 24 July 2023
BaltCap completes the first take-private transaction by a Baltic investor on the London Stock Exchange by acquiring Xpediator 24 July 2023
NEW MEMBER: SEB joins EstVCA as an associate member 18 July 2023
Superangel co-leads Coalescent Mobile Robotics' Seed Round 11 July 2023
Change Ventures co-leads Algori's €3.3 million Seed round 11 July 2023
BaltCap-backed Piletilevi Group expands to Romania 07 July 2023
Change Ventures leads, SWG participates in €2 million Seed round for Formaloo 06 July 2023
Superangel's portfolio company Better Medicine received a €2.5 million grant from the European Innovation Council’s Accelerator. 04 July 2023
EstVCA SUMMER SPECIAL - June 2023 Newsletter 03 July 2023
Rentle greets Specialist VC as their new investor, increasing their seed round to € 6 million 03 July 2023
Vok Bikes raises €3.8 million Seed funding round to push delivery of its electric cargo bikes across Europe 29 June 2023
Superangel's portfolio company eAgronom raises €5.5 million from investors, inc. SmartCap Green Fund 28 June 2023
EVENT: Baltic VCA Summit 2023 (24-25 August in Pärnu) 27 June 2023
EstVCA participated at the Estonia-Saudi Investment Forum 2023 22 June 2023
Trind Ventures´ portfolio company RoyaltyRange raised €4M+ from current and new investors 13 June 2023
EPISODE #6 - Marco Natoli of European Investment Fund 02 June 2023
NEW MEMBER: Verge HealthTech Fund joins EstVCA 30 May 2023
BaltCap-backed Adoro acquires Latvian elderly care operator and expands its reach in Latvia’s care sector 26 May 2023
Change Ventures launches €20M Fund III to double down on pre-seed investing in the “next startup nations” 24 May 2023
RECAP: Launch of the Baltic PE/VC Report 2022 / 17 May 2023 22 May 2023
Siena Secondary Fund acquired a stake in Polish scaleup Booksy 22 May 2023
NEW REPORT: Baltic Private Equity and Venture Capital Market Overview 2022 21 May 2023
EstVCA delegation accompanies Prime Minister Kaja Kallas in Denmark 17 May 2023
RECAP: EstVCA Annual General Meeting 2023 / 12 May 15 May 2023
Specialist VC leads and Superangel participates in the €2.1M seed round to Value.Space 11 May 2023
BaltCap to acquire a majority stake in Hansab, the leading Baltic automation services provider 11 May 2023
EstVCA EVENTS SPECIAL -  May 2023 Newsletter 02 May 2023
INVITATION (17 May at 15:30) – Launch of the Baltic PE/VC Report 2022 27 April 2023
INVITATION: EstVCA Annual General Meeting 2023 / 12 May 8:45 – 10:45 26 April 2023
Livonia Partners invests in Bagfactory, a sustainability innovator in the retail sector 19 April 2023
Nordic Secondary Fund II has acquired an additional stake in Kilo.Health 17 April 2023
NEW MEMBER: EstVCA welcomes Icebreaker.vc as a new member 11 April 2023
EstVCA March 2023 Newsletter 10 April 2023
BaltCap makes a recommended cash offer to acquire AIM listed Xpediator Plc 06 April 2023
BaltCap to become the majority shareholder of HansaMatrix 03 April 2023
Nordic Secondary Fund II makes its third investment in Finland 03 April 2023
EstVCA welcomes Nordic Secondary Fund as a new member 28 March 2023
Trind Ventures’ portfolio company RangeForce raised $20 million 06 March 2023
Estonia invests 30 million euros in the NATO Innovation Fund through SmartCap 03 March 2023
EstVCA February 2023 Newsletter 28 February 2023
EVENT: Nordic VC Masterclass PART 2 - Building Diversity (March 22) 27 February 2023
Trind Ventures invests in SACLÀB 24 February 2023
Change Ventures participates in the $100M round of its portfolio company Planet42 23 February 2023
Startup Wise Guys raises €25M to invest in "overlooked" global markets 17 February 2023
Superangel participates in their portfolio company Salv's 4M€ seed round 13 February 2023
Trind Ventures led a 550k EUR seed round of Madrid-based startup Webel 07 February 2023
Specialist VC leads and SWG participates in the 1.7M EUR investment round to VOOL 06 February 2023
PODCAST episode #5 - Emma Honkanen of EVLI 01 February 2023
A significant part of the 2022 investments of Startup Wise Guys', one of the world’s top accelerators, went to Estonian and Ukrainian companies 01 February 2023
EstVCA and universities again team up for a special Private Equity and Venture Capital course 30 January 2023
Eesti ülikoolides hakatakse õpetama era- ja riskikapitali õppeainet 30 January 2023
Baltic M&A and Private Equity Forum 2023 / 19 APRIL / RIGA 27 January 2023
NEW MEMBER: Startup Wise Guys joins EstVCA 26 January 2023
EVENT: EstVCA Funds on Stage / 7 Feb at 16:30 25 January 2023
Specialist VC participated in green investment platform Grünfin's new €2M- round 17 January 2023
Tera.VC and EstBAN unite for the Latitude59 2023 Pitch Competition with a prize fund of 1M euros 12 January 2023
In 2022, Estonian startups emerged stronger than ever, say key stakeholders 10 January 2023
The Greentech Fund Call 2022/09 received a total of six applications 05 January 2023
EVENT: Launch of the Baltic Private M&A Deal Points Study 2022 (the event is in Estonian) 04 January 2023
Change Ventures participates in a $30 million round of cleantech startup Aerones 03 January 2023
BaltCap to develop a €22 million Police Headquarters PPP project in Lithuania 29 December 2022
Baltic Private M&A Deal Points Study 2022 is out now 20 December 2022
EstVCA welcomes PwC Estonia as a new member 20 December 2022
Change Ventures participates in a $16M Series A round into real estate VR startup Giraffe360 06 December 2022
BaltCap enters the Latvian social and healthcare sector 30 November 2022
Livonia Partners exits Hortes 24 November 2022
Change Ventures leads a $2M seed round of Modash, a startup building infrastructure of the creator economy. 23 November 2022
Trind Ventures leads €2 million round of Barcelona-based nightlife technology company Xceed 23 November 2022
EVENT (14.12.22): Estonian Startup/ Tech Ecosystem Annual Wrap-Up 2022 21 November 2022
Livonia Partners sells window manufacturer Fenestra to Trigon Capital 14 November 2022
NEW! Nordic VC Masterclass Series - Part 1 14 November 2022
EXIT: BaltCap sells Blue Bridge Technologies to Everfield 11 November 2022
Trind Ventures and Specialist VC participate in the €2.2 million investment round to Yaga 10 November 2022
Karma Ventures co-leads the €4 million Series A investment round to Bfore.AI 08 November 2022
Isomer Capital joins as its first institutional investor in Siena Secondary Fund 08 November 2022
PODCAST episode #4 - Ene Õunmaa of Swedbank Investment Funds 07 November 2022
SmartCap announced the application terms for SmartCap Greentech Investment Programme 01 November 2022
EstVCA welcomes MITI Solutions as a new member 01 November 2022
EVENT 14.11.22: Update on European Venture Capital Market 2022 by EIF 31 October 2022
BoB W raises 21€M in Series A funding round 25 October 2022
How can investors drive impact?- Workshop by Alison Fort from Katapult Foundation 25 October 2022
TopTech 2022: Estonia's most valuable technology company is Bolt with a 7.4 billion euro valuation 19 October 2022
BaltCap buys the largest bookstore in Estonia, Rahva Raamat 18 October 2022
Estonia invests nearly 30 million euros in NATO’s billion-euro Innovation Fund 17 October 2022
Change Ventures leads the €2 million investment round to Cloud Factory 13 October 2022
EstVCA October Newsletter 10 October 2022
EstVCA delegation visit to the US 09 October 2022
Trind VC raises new €55M fund to invest in startups with a consumer or community component in Europe 26 September 2022
Tera Ventures participates in a $3.8 million seed round investment to circular economy platform Rentle 22 September 2022
EstVCA LP Insights podcast episode #3 - Staffan Jåfs of eQ Plc 22 September 2022
Tera Ventures´ portfolio company Monese raises a $35m investment 21 September 2022
Karma Ventures participates in the €11.6M investment round to Jobbatical 12 September 2022
BaltCap to acquire Alma Littera Group, the leading publishing house & omnichannel book retailer in the Baltics 09 September 2022
Livonia Partners closes second buy-out fund above target at €157 million 08 September 2022
SmartCap announced a Call to invest € 20 million in two greentech funds 07 September 2022
Sügishooaja avaseminar 14.09.22: JULGEOLEK ja INVESTEERINGUD 31 August 2022
EstVCA LP Insights podcast episode #2 - Chris Wade from Isomer Capital 24 August 2022
Ready Player Me raised $56 million in a B-round led by Andreessen Horowitz 23 August 2022
Livonia Partners invests in wellness platform Stebby 17 August 2022
Change Ventures leads the €1.9M seed round of Estonian recruitment software provider RecruitLab  17 August 2022
SmartCap Green Fund is bringing 40 million euros to the market 01 August 2022
Siena Secondary Fund acquired a stake in Latvian soonicorn Printify 01 August 2022
EVENT: Baltic VCA Summit 2022 / 25-26 August / Riga 19 July 2022
Karma Ventures participates in the $17 million in funding round to Lucinity 08 July 2022
Specialist VC participates in the €7.4 million founding round to Certific 05 July 2022
EXIT: BaltCap sells Vendon to international technology group Azkoyen 05 July 2022
Change Ventures participates in the $2.1 million funding round in its portfolio company 99math 01 July 2022
EXIT: Nordigen, an open banking platform, to be acquired by UK-based payments unicorn GoCardless 01 July 2022
Trind Ventures' portfolio company Tise (Norway) raises €20M funding round 30 June 2022
EstVCA June 2022 Newsletter 30 June 2022
NEW FUND! Estonian entrepreneurs co-found a €250 million European investment fund 29 June 2022
Tera Ventures participates in the €18M investment to 4Trans 29 June 2022
EVENT: Baltic VCA Summit 2022 / 25-26 August in Riga 27 June 2022
EXIT: BaltCap and Nalka sell INTRAC to United Partners Investments 16 June 2022
Specialist VC portfolio company NFTPort raises $26m Series A round 15 June 2022
NEW FUND: Superangel announces a new €50m fund 13 June 2022
EXIT: BaltCap signs agreement to sell Uprent to Renta 06 June 2022
EstVCA May 2022 Newsletter 31 May 2022
EstVCA´ s new podcast - LP INSIGHTS 31 May 2022
REPORT: Baltic Private Equity and Venture Capital Market Report 2021 31 May 2022
Livonia Partners invests in sports-tech company Stebby 30 May 2022
BaltCap Infrastructure Fund starts the construction of EUR 42 million wind farm 25 May 2022
EstVCA legal/regulatory valdkonna uudiseid 2022/I 24 May 2022
BPM Mezzanine Fund II provided financing to a Latvian IT company Digital Mind AS for the buy-out of a leading Lithuanian business software implementor Alna 24 May 2022
Tera Ventures participates in the US$3 million funding round of its portfolio company SIQ Basketball 17 May 2022
Change Ventures leads the $1.3M pre-seed round to Werk — a construction worker relocation platform 17 May 2022
EstVCA 2021 in numbers 16 May 2022
EVENT: Latitude59 side event by EstVCA and Httpool - Let´s get digital! 09 May 2022
EVENT: Baltic Private Equity and Venture Capital Market Overview 2021 launch webinar (17 May at 3 PM) 06 May 2022
Karma Ventures co-leads the $15 million investment to DRUID 03 May 2022
EstVCA April Newsletter 29 April 2022
Change Ventures co-leads in the $9m seed funding round of its portfolio company Aerones 27 April 2022
Change Ventures and Equity United participate in the $40M Series A funding round of their portfolio company Eurora 27 April 2022
Superangel and United Angels VC participate in the €4M seed round investment to KOOS 26 April 2022
BaltCap invests in solar energy generation in Latvia to enhance the energy independence in the Baltics 20 April 2022
EVENT: April 20, 2022: Unicorn59 – demominutes powered by Estonia 12 April 2022
Superangel and Tera Ventures participate in the €11m Series A-round to Montonio, Index Ventures leads the round 12 April 2022
NEW FUND: BPM Mezzanine Fund II held the first close to invest in mezzanine debt in the Baltic and Polish growth companies 11 April 2022
BaltCap invests in Nord Security, a global leader in internet privacy and security solutions 07 April 2022
Specialist VC, Iron Wolf Capital and Superangel participate in the £2 million seed round to Glasgow-based Kingdom Technologies 05 April 2022
Change Ventures leads the €1.5M pre-seed investment round to Kwota 04 April 2022
Trind Ventures co-leads the €2.5M investment to Swedish startup My Telescope 30 March 2022
Karma Ventures participates in the $14M Series B investment round to Minut 30 March 2022
Tera Ventures participates in the $2 million funding round to Secfense 24 March 2022
SmartCap greenlights the creation of a science accelerator for health technology research 15 March 2022
BaltCap enters the pet care market to boost Pan-Baltic growth of the sector 14 March 2022
In support of Ukraine 02 March 2022
Leading global digital enabler Httpool joins EstVCA 22 February 2022
Siena Secondary Fund acquires a stake in TransferGo 17 February 2022
Karma Ventures leads the €5 million funding round to CybExer Technologies, Specialist VC and First Fellow Partners also participate 15 February 2022
Superangel, Iron Wolf Capital and Kaamos Group participate in the $2 million seed round to EyeVi 11 February 2022
NEW FUND! United Angels rebrands to Specialist VC and announces the first close of a new €50 million fund 10 February 2022
United Angels VC (now Specialist VC) participates in the €2M investment round to FoodDocs 09 February 2022
Trind VC, Iron Wolf Capital, Superangel and United Angels VC participate in $7.4M investment to eAgronom 09 February 2022
Siena Secondary Fund acquires a stake in Kry, Europe's leading e-health start-up 09 February 2022
Change Ventures announces closing a €49M fund 08 February 2022
EstVCA January 2022 Newsletter 01 February 2022
Trind VC and Juuri Partners co-lead the €8.25M investment to Jobilla 01 February 2022
EXIT: BaltCap sells Baltic property manager BPT Real Estate to leading European property house Newsec 01 February 2022
EstVCA teams up with universities to create a special Private Equity and Venture Capital syllabus 28 January 2022
Eesti ülikoolides alustab esmakordselt era- ja riskikapitali õppeaine 28 January 2022
Estonian identity verification startup Veriff becomes a unicorn by raising a $100m Series C investment 26 January 2022
Karma Ventures’ portfolio company Infermedica raises $30M Series B round investment 26 January 2022
Karma Ventures’ portfolio company Tuum raises €15m Series A round investment 26 January 2022
Bestair Group and Zave Group team up with Livonia Partners for next growth phase 18 January 2022
EVENT: EstVCA funds on stage (27 January 2022) 17 January 2022
Prime Minister Kallas meets with technology sector representatives 12 January 2022
Total assets managed by the Baltic real estate fund manager EfTEN exceeds €1bn 03 January 2022
BaltCap Infrastructure Fund will finance greenfield biomass CHP construction in Alytus 30 December 2021
Trind VC participated in the $13 million A-round investment to metaverse avatar platform Ready Player Me 28 December 2021
EstVCA Newsletter December 2021 23 December 2021
BaltCap Infrastructure Fund will invest EUR 6 million into private school project in Lithuania 23 December 2021
Event recording and recap: Estonian Startup Ecosystem Fireside Chat 2021 22 December 2021
Change Ventures participates in the $30 million investment round to Planet42 21 December 2021
Change Ventures leads the $3M seed round to Dogo 20 December 2021
BaltCap invests in apparel and footwear retailer Weekend to accelerate its growth in the New Nordics 16 December 2021
EfTEN launched a new fund and acquired Danske Bank office building in Vilnius 08 December 2021
Livonia Partners to acquire a majority stake in composite structures producer CSUB 08 December 2021
EVENT: Estonian Startup Ecosystem Fireside Chat 2021 (20 December 4 PM)  08 December 2021
EstVCA November 2021 Newsletter 02 December 2021
EXIT: BPM Mezzanine Fund exited its investment in a world class B2B IT procurement solution provider Markit 01 December 2021
BaltCap Infrastructure Fund to upgrade sports infrastructure in Poland 30 November 2021
WEBINAR: Nordic-Baltic VCAs & EIF joint seminar  30 November 2021
Karma Ventures closes its second fund with a hard cap at €100 million 29 November 2021
Change Ventures leads the €1.2M seed investment round to Gelatex 26 November 2021
Siena Secondary Fund acquires a stake in Starship Technologies 22 November 2021
United Angels VC participates in the €1M investment to Outfunnel 18 November 2021
EstVCA elects its new 11-member Management Board 18 November 2021
EfTEN invests €10 million in new family housing rental project in Kaunas 18 November 2021
SmartCap establishes a green technology investment fund with the support of the funding under recovery and resilience plan 09 November 2021
Change Ventures participates in the $45M Series A investment round to Printify 09 November 2021
United Angels VC and Superangel participate in the €200K investment to edtech startup Mentornaut 04 November 2021
Superangel participated in the €500,000 funding round of Ringo Eco 03 November 2021
EstVCA new Management Board was elected on 21 October 2021 02 November 2021
EstVCA October 2021 Newsletter 01 November 2021
Ambient Sound Investments participates in the €7.4 M investment round to Ampler Bikes 01 November 2021
Change Ventures grows its fund size to €43M 27 October 2021
Siena Secondary Fund acquired a stake in Testlio 26 October 2021
Superangel invests in cloud storage startup Storadera 25 October 2021
Grünfin raises €2M for its new sustainable investing platform with Superangel and United Angels also on board as investors 15 October 2021
EXIT: BPM Mezzanine Fund exited its investment in e-commerce & POS solutions provider iDS 14 October 2021
BaltCap and Lithuanian Ministry of Education, Science and Sport, and Vilnius City Municipality signed the largest PPP agreement in the Baltics 08 October 2021
EstVCA September 2021 Newsletter 05 October 2021
EXIT: Karma Ventures partnership with SpectX leads to exit to Dynatrace 15 September 2021
Euromoney elects EfTEN Capital best real estate fund manager in Central and Eastern Europe 14 September 2021
Superangel participates in the $1.2m investment round to Bangladeshi transport app Jatri 13 September 2021
NEW FUND: Livonia Partners holds first close on second buy-out fund at double the size of first fund 09 September 2021
EstVCA welcomes Siena Secondary Fund as a new member 08 September 2021
United Angels VC and Trind Ventures participate in a $9 million Series A investment round to Fractory 07 September 2021
EstVCA COFFEE CONNECTIONS: EfTENi kogemus: feeder-fondi asutamine Eestis 07 September 2021
EVENT: 13.09.21 Fireside Chat with Risto Siilasmaa 06 September 2021
EfTEN Real Estate Fund 4 and Hanner concluded a €131m transaction for Jauna Teika offices, a landmark in Riga 02 September 2021
Karma Ventures participates in the €10million investment to Wirepas 01 September 2021
EVENT: LinkedIn do's and don'ts in 60 minutes 01 September 2021
EstVCA Newsletter July-August 2021 31 August 2021
Change Ventures leads the $1 million pre-seed round to Lithuanian edtech Memby 25 August 2021
EVENT: Join us at the Baltic VCA Summit 2021 on September 9 in Vilnius! 17 August 2021
Superangel and Kaamos Group participate in the $1.7 million seed round investment to Remato  11 August 2021
DEAL TALKS: Yrjö Ojasaar of Change Ventures talks about leading the $3 million seed investment round to Eurora 10 August 2021
DEAL TALKS: Šarunas Alekna of BaltCap talks about Workland acquiring UMA centers in Tallinn and Vilnius 09 August 2021
Tera Ventures leads the €2.5 million seed round investment to Montonio 04 August 2021
Change Ventures participated in the $1M investment round of edtech startup 99math 02 August 2021
EXIT: BaltCap sells Kool, Latvian chain of fuel stations and convenience stores to Olerex 02 August 2021
Change Ventures led the $3M investment round to Outvio 30 July 2021
BaltCap backed Workland buys UMA centers in Tallinn and Vilnius 27 July 2021
Change Ventures led the $3 million seed investment round to Eurora 16 July 2021
Superangel invests in fleet management software developer FleetGuru 15 July 2021
EXIT: BaltCap Infrastructure Fund signs agreement to sell biomass CHP in Riga to Northern European district heating company Gren 14 July 2021
Baltic Private Equity and Venture Capital Market Overview 2020 01 July 2021
EstVCA June 2021 Newsletter 30 June 2021
EXIT: BaltCap sells the leading Estonian waste management company Eesti Keskkonnateenused 29 June 2021
Tera Ventures and Perot Jain invest in 10Lines 28 June 2021
VNTRS is expanding by launching sister-company VEQ 25 June 2021
EfTEN launched a new retail-oriented real estate fund - EfTEN United Property Fund 22 June 2021
EXIT: BaltCap sells Labochema to French laboratory supply distributor Dominique Dutscher 09 June 2021
Estonian Private Equity & Venture Capital Industry Report 2020 04 June 2021
Superangel participates in the €2.1 million funding round to Latvian fintech Nordigen 02 June 2021
EXIT: Livonia Partners signs an agreement to sell majority stake in Santa Monica Networks to LMT 31 May 2021
EstVCA May 2021 Newsletter 31 May 2021
Women in private equity and venture capital in the Baltics 2021 27 May 2021
Change Ventures co-leads the $31m Series A round investment to Interactio 26 May 2021
EXIT: BPM Mezzanine Fund exited its investment in the largest Baltic optics retail chains operator OC Vision 25 May 2021
United Angels VC and Superangel lead the €425K pre-seed investment round to LightCode Photonics 20 May 2021
DEAL TALKS: Priit Veering of BPM Capital talks about the acquisition of Eskaro by Flügger 19 May 2021
EXIT: BaltCap sells Ecoservice to Eco Baltia, the largest environment management group in the Baltics 18 May 2021
EstVCA April 2021 Newsletter 30 April 2021
Superangel, United Angels and Kaamos participate in the €935,000 funding round to ParcelSea 29 April 2021
Trind VC leads the €2.16 million funding round to Finnish talent acquisition startup Jobilla 23 April 2021
ESG seminar for EstVCA members (April 28) 19 April 2021
BaltCap closes the third buyout fund at record size 15 April 2021
DEAL TALKS: Martin Kõdar and Oliver Kullman of BaltCap talk about funds´ exit from Qvalitas and Unimed 14 April 2021
Tera Ventures brings its fund size to €43M with several global investors stepping in as limited partners 13 April 2021
Superangel participates in seed investment round to F-Drones 08 April 2021
United Angels, Kaamos and Superangel participate in €10 million seed funding round to Bob W 06 April 2021
EY seminar 14.04.21 "E-commerce market changes in 2021 and beyond" 06 April 2021
EstVCA March 2021 Newsletter 31 March 2021
EXIT: BaltCap sells one of the leading European wooden garden furniture producers EKJU 31 March 2021
Conference recap: Nordic-Baltic PE/VC Momentum 2021 17 March 2021
Technopolis Ülemiste joins EstVCA 16 March 2021
Tera Ventures and Livonia Partners participate in the $16.4 million Series B investment round to Scoro 09 March 2021
EXIT: BaltCap sells Qvalitas and Unimed to leading Nordic healthcare company Mehiläinen 08 March 2021
EVENT: 17 March 2021 „From Crises to Growth“ 05 March 2021
EstVCA February 2021 Newsletter 26 February 2021
EXIT: Ambient Sound Investments makes an exit as Francisco Partners buys MyHeritage 24 February 2021
Karma Ventures participates in the $9.5M Series B investment round to 3D model provider CGTrader 23 February 2021
EXIT: Karma Ventures makes its third exit as SAP has acquired their portfolio company AppGyver 11 February 2021
DEAL TALKS: Stanislav Ivanov of Tera Ventures talks about leading the €1.2M seed round investment to Rendin 04 February 2021
EstVCA January 2021 NEWSLETTER 01 February 2021
February 17: Nordic-Baltic PE/VC MOMENTUM 2021 conference 28 January 2021
Change Ventures leads the €3.1 million seed round to INZMO 28 January 2021
United Angels, Superangel and Ambient Sound Investments participate in the $17 million in funding round to Starship Technologies 27 January 2021
KPMG joins EstVCA to further support the growth of Private Equity and Venture Capital industry in Estonia 27 January 2021
DEAL TALKS: James McDougall of Tera Ventures talks about leading the $2 million seed round to AI Clearing 26 January 2021
United Angels VC and Superangel participated in the €800,000 pre-seed investment round to Vok Bikes 19 January 2021
BaltCap acquires Baltic Ticket Holdings, the leading ticketing company in the Baltics and Belarus 18 January 2021
BaltCap to carry out largest street lighting PPP investment in Poland 14 January 2021
Change Ventures closes its second fund at €31M 11 January 2021
Tera Ventures leads the €1.2M seed round investment to Rendin 30 December 2020
Tera Ventures leads the $2 million seed round to AI Clearing 28 December 2020
BaltCap invests in Tradehouse, a leading omnichannel player in Estonian beauty product sale 22 December 2020
EstVCA December 2020 NEWSLETTER 21 December 2020
Change Ventures led the $1.8 million seed round to Fyma 18 December 2020
DEAL TALKS: Marili Merendi of Karma Ventures talks about co-leading the €4 million investment to Modularbank 17 December 2020
DEAL TALKS: Marius Miškinis of BaltCap talks about their recent investment in Verkter 17 December 2020
BPM Mezzanine Fund exited its investment in Latvian dairy company Smiltenes Piens 16 December 2020
Superangel leads the €1 million investment to Port 6 16 December 2020
Watch the masterclass: „e-Estonia: The startup journey in the land of unicorns“ 15 December 2020
DEAL TALKS: Maciej Kopanski of BaltCap talks about the largest PPP for the construction of local road lighting in Poland 10 December 2020
Karma Ventures co-leads the €4 million investment to Estonian fintech startup Modularbank 09 December 2020
EVENT: Estonian Startup Ecosystem Fireside Chat 08 December 2020
University of Tartu to establish an intellectual property investment company 07 December 2020
DEAL TALKS: BaltCap partner Sandijs Abolins-Abols talks about the acquisition of Kafe-Serviss 07 December 2020
Superangel leads the €1.5 million investment round to Salv 03 December 2020
December 4, 2020: Join Estonia’s unicorns masterclass at Web Summit! 27 November 2020
BaltCap invests in Verkter – a fast growing e-commerce group for DIY tools and accessories 26 November 2020
BaltCap portfolio company Coffee Address completed the acquisition of Kafe-Serviss 25 November 2020
BaltCap to finance the largest PPP for the construction of local government road lighting in Poland 25 November 2020
EXIT: BPM Mezzanine Fund portfolio company Eskaro group will be acquired by Flügger group 25 November 2020
EstVCA COFFEE CONNECTIONS #2 "Baltic Private M&A Deal Points Study 2020" 17 November 2020
EfTEN’s new fund raised 33 million euros to invest in the Baltic rental apartment buildings 09 November 2020
EstVCA October/November 2020 Newsletter  06 November 2020
SmartCap introduces upcoming deep tech fund in Estonia 02 November 2020
DEAL TALKS: Riivo Anton of United Angels VC talks about their participation in the $1.35 million seed investment round to Sentinel 22 October 2020
SmartCap suurendab riigi investeeringut loodavas Kõrgtehnoloogiliste Ettevõtete Fondis 15 miljoni euroni 21 October 2020
Karma Ventures makes its second exit with the sale of portfolio company Plumbr to Splunk Inc 20 October 2020
NordicNinja VC invests in Realeyes 15 October 2020
Tera Ventures invests in BotGuard 14 October 2020
Superangel participates in eAgronom €1.2 million convertible equity funding round 09 October 2020
EXIT: BaltCap sells Ygle Pastatu Valdymas to Finnish property services provider SOL 22 September 2020
United Angels VC participates in the $1.35 million seed investment round to Sentinel 17 September 2020
EstVCA September 2020 Newsletter 15 September 2020
DEAL TALKS: Veljo Otsason of Superangel talks about their investment into fintech startup Montonio 11 September 2020
DEAL TALKS: Martin Reinson of BPM Capital talks about their exit from leading Baltic data center services provider DEAC 09 September 2020
EfTEN Capital enters the residential rental property market with a new fund 07 September 2020
Karma Ventures makes its first exit as its portfolio company TrademarkNow was sold to Corsearch 28 August 2020
BPM Mezzanine Fund exited its investment in one of the leading Baltic data center services provider DEAC 27 August 2020
Startup Estonia and EstVCA member law firms have prepared a set of free to use legal model documents for startups 26 August 2020
DEAL TALKS: Ivar Siimar of Trind Ventures talks about leading the $1,3M funding round to Wolf3D 24 August 2020
DEAL TALKS: Joel Aasmäe of Trind Ventures talks about participation in the $16 million Series A round investment into RangeForce 14 August 2020
Trind Ventures leads the $1,3M funding round to Wolf3D 10 August 2020
Karma Ventures participates in the $10M Series A funding round to Infermedica 07 August 2020
DEAL TALKS: Andrus Oks of Tera Ventures talks about leading the $1.7 million seed round investment into Transformative AI 06 August 2020
DEAL TALKS: Taavi Lepmets of Trind Ventures talks about participation in the $5.7 million Series A round investment into Tandem 03 August 2020
Trind Ventures participates in the $16 million Series A round investment to RangeForce 28 July 2020
Trind Ventures participates in the $5.7 million Series A round investment into Tandem 28 July 2020
Tera Ventures leads the $1.7 million seed round investment to Transformative AI 27 July 2020
Superangel invests into Estonian fintech Montonio 24 July 2020
Karma Ventures co-leads $6.1m investment to anti-money-laundering startup Lucinity 15 July 2020
Livonia Partners sells majority stake in Thermory to UG Investeeringud 14 July 2020
DEAL TALKS: Livonia Partners sells majority stake in Thermory 14 July 2020
Baltic Private Equity and Venture Capital Market overview 2010-2019 06 July 2020
DEAL TALKS: Superangel, Kaamos and United Angels VC talk about their investment into Bob W 05 July 2020
Hackathon co-organised by BaltCap awards startups focusing on the drainage system and cleaning the bottom of water bodies 03 July 2020
Our members Superangel, NordicNinja VC and Change Ventures participate in the 15.5 million USD investment into Veriff 01 July 2020
Superangel participates in €2.2M seed investment round in urban logistics platform ZITICITY 30 June 2020
DEAL TALKS: Rait Ojasaar of Change Ventures talks about leading €2.2M investment into Planet42 18 June 2020
Change Ventures led the €2.2 million investment round into Estonian fintech Planet42 16 June 2020
Superangel, United Angels VC and Kaamos invest into hospitality startup Bob W 16 June 2020
DEAL TALKS: Veljo Otsason of Superangel talks about their 250k € investment into VISORY 02 June 2020
DEAL TALKS: Criss Uudam of BaltCap talks about their €13.6 million PPP investment into education infrastructure 01 June 2020
EBRD investment approval set to make Change Ventures Fund II the largest seed fund operating in the Baltic States 29 May 2020
DEAL TALKS: Yrjö Ojasaar of Change Ventures talks about $1.7M seed round investment in askRobin 29 May 2020
DEAL TALKS: Stanislav Ivanov of Tera Ventures talks about $8M series A investment round to Brainbase 28 May 2020
BaltCap invests €13.6 million to upgrade education infrastructure in Kaunas District 27 May 2020
Tera Ventures participates in Brainbase $8M series A investment round 21 May 2020
DEAL TALKS: Ivar Siimar of Trind Ventures talks about $1M pre-seed funding round into Taimer 20 May 2020
Trind VC invests in the 1M USD pre-seed funding round into Taimer 13 May 2020
Change Ventures led the $1.7M seed round investment in Estonian fintech askRobin 06 May 2020
Kadri Lindpere appointed as Managing Director of EstVCA 04 May 2020
EstVCA COVID-19 survey results 09 April 2020
EstVCA elects Margus Uudam as a new Chairman 04 November 2019
Baltic M&A Forum 2019 to be held in Riga on November 6th 15 October 2019
BaltCap launches successor buyout fund focusing on the New Nordics 03 October 2019
Baltic Private Equity and Venture Capital Market Reaches €3 Billion 26 August 2019
BaltCap sells Estonian auto24 to Baltic Classifieds Group 22 August 2019
BPM Mezzanine Fund provided financing for the buy-out of a reputable Latvian dairy “Smiltenes Piens” 20 August 2019
Join us for the Baltic VCA Summit 21-22 August in Pärnu 03 July 2019
BaltCap exits Fitek to one of Europe’s leading FinTech firms 03 April 2019
Livonia Partners portfolio company Fenestra Suomi has acquired assets of the bankrupt Finnish window manufacturer Domus. 19 March 2019
Join us at the 6th Polish & CEE Private Equity Conference 2019 13 December 2018
BaltCap about to establish a new €100m fund focusing on the Nordic and Baltic region 05 December 2018
Scoro closes €4,4m funding round from Livonia Partners, Tera Ventures and Investure 01 November 2018
Thermory and Ha Serv merge to become the world’s largest producer of thermally modified wood and sauna materials 30 October 2018
0100 Conference coming to Tallinn next January 22 October 2018
EfTEN Capital launched its fourth real estate fund with a first closing of €95 million 16 October 2018
BaltCap Infrastructure Fund acquires biomass plant in Riga 11 October 2018
Caffeine is acquired by Norway’s Reitan Convenience 03 October 2018
BaltCap becomes the owner of dental care provider Kaarli Hambapolikliinik OÜ 03 October 2018
BaltCap Infrastructure Fund undertaking a project to build a new school in Vilnius 20 September 2018
Eestikeelne terminoloogia 20 September 2018
Baltic M&A Deal Points Study 2018 11 September 2018
Livonia Partners to buy stake in refrigeration innovator FREOR 08 August 2018
4th exit for BaltCap this year: Kelprojektas sold to Tyréns 12 July 2018
More steam for BaltCap Infrastructure Fund: EBRD invests €20 million 06 July 2018
Baltic M&A and Private Equity Forum 2018 12 June 2018
BaltCap exits TREV-2 25 May 2018
Karma Ventures closes €70 million fund to invest in early-stage deep tech startups 23 May 2018
Realeyes, portfolio company of Tera Ventures, raises $16.2m from Draper Esprit, Karma Ventures and Harbert European Growth Capital 22 May 2018
BaltCap exits Runway BPO to global BPO and customer experience company Webhelp 18 May 2018
BPM Mezzanine Fund provided financing for the acquisition of DenEesti, leading provider of shore services to cruise ships in Tallinn 19 March 2018
Trind Ventures’ new fund for early-stage digital companies reaches first closing at €21m 01 March 2018
Tera Ventures Aims to Raise Second Seed Fund, with the Majority of €55 Million Target Committed 31 January 2018
BPM Mezzanine Fund provided financing for acquisition of Corle OÜ 10 January 2018
BaltCap exits Magnetic MRO 03 January 2018
BaltCap Infrastructure Fund acquires Anaerobic Holding 22 December 2017
BPM Mezzanine Fund announces its 5th investment 16 November 2017
ESTVCA elects Kristjan Kalda as a new Chairman 07 November 2017
Karma Ventures invests in TrademarkNow 03 October 2017
Internship opportunity at ESTVCA 01 October 2017
Fintech Forum 2017: A Single EU Financial Market that Adds €500bn – Pipe Dream or Possibility? 30 September 2017
First project of BaltCap Infrastructure Fund: a EUR 16 million biomass plant 28 September 2017
Baltic M&A and Private Equity Forum 2017 will be held on 4-5 October in Vilnius 17 September 2017
Investment activity of ESTVCA members surged 385% in 2016 07 July 2017
€100 million BaltCap fund will invest into infrastructure of the Baltic States 03 July 2017
BaltCap launched new €50m regional growth fund 30 June 2017
Livonia Partners consortium to invest in cable network operator Cgates 27 June 2017
Startup Estonia and ESTVCA publish freely available Startup Model Documents 15 June 2017
Karma Ventures invests in SpectX 29 May 2017
BaltCap to launch €50m investment fund for Baltic SMEs 04 May 2017
Livonia Partners to acquire Santa Monica Networks in Latvia and Lithuania together with management 20 March 2017
BaltCap increased its ownership in TREV-2 by acquiring an additional 38% stake from East Capital Explorer AB for €5.7 million 17 March 2017
BaltCap invests in leading Estonian classified portals auto24 and Kuldne Börs 15 March 2017
The New Estonian Limited Partnership Regime 02 February 2017
Riigi riskikapitali portfellile valiti erafondivalitseja 19 December 2016
BaltCap announces new Partners 14 November 2016
VARUL presents: Warranty & Indemnity Insurance Seminar, November 28th 08 November 2016
BaltCap exits gas infrastructure and trading company Energate 26 October 2016
BPM Mezzanine Fund provided financing for expansion and refinancing of the leading Baltic data center services provider Digitalas Ekonomikas Attistibas Centrs (“DEAC”) 05 October 2016
BPM Mezzanine Fund provided financing for paint producer Eskaro 19 September 2016
SmartCap announced an open call to fund managers for direct investments portfolio 31 August 2016
The Baltic venture capital market will be united under a single flag 29 August 2016
BaltCap-backed FCR Media Group expands to Belgium and ensures 9x revenue growth for the BaltCap investment 11 July 2016
Livonia reaps 10x selling Qvalitas from legacy portfolio 06 July 2016
EstFund call for expression of interest including termsheets - published! 30 June 2016
Join Baltic VC Summit 2016 - the annual summer meetup of Baltic PE & VC professionals and decision makers 20 June 2016
Invesco Finance (Wellman OÜ) sold its majority 70% stake in consumer credit holding company Friendly Finance to 4finance Holding S.A., Luxembourg, at €16M total company value. 19 June 2016
BPM provided financing for the MBO of the leading Baltic eye care chain operator 10 June 2016
BIF funds have attracted €102m from domestic pension funds 07 June 2016
BaltCap invests in Estonian occupational health care company Qvalitas 30 May 2016
ESTVCA Legal Committee publishes 2016 M&A Deal Points Study 09 May 2016
BPM Capital announces first deal - financing for the MBO of MarkIT 30 March 2016
Livonia Partners Brings NYSE Company to Baltics with Archyvu Sistemos Exit 16 March 2016
EIF & KredEx launch EstFund - a €60m early stage fund of funds 01 March 2016
Livonia Partners acquires Ha Serv as first investment 12 February 2016
Karma Ventures Announces Launch of €40 Million Fund for Early-Stage European Startups 10 February 2016
Members of ESTVCA, ESTBAN, FinanceEstonia and Service Industry Association gathered to welcome 2016 26 January 2016
ESTVCA has elected Kalmer Kikas as a new Chairman 16 December 2015
BaltCap furthers regional waste management consolidation 03 December 2015
Invest Europe launches its 2015 Professional Standards Handbook and Investor Reporting Guidelines 29 November 2015
ESTVCA partnering with Polish & CEE Private Equity Conference 29 November 2015
BaltCap invests in leading dental care provider in Estonia 27 November 2015
BaltCap‘s portfolio company Impuls acquires Arctic Sport clubs in Estonia 27 November 2015
BaltCap to aquire Baltic operations of financial automation company OpusCapita 11 November 2015
Baltic M&A and Private Equity Forum 2015 will be held in Tallinn 29-30 October 01 October 2015
BaltCap Private Equity Fund II acquires one of the largest property managers in the Baltic States – BPT Real Estate 01 September 2015
Livonia Partners Reaches €70m First Close on Maiden Fund 05 August 2015
BVCA Summit - The Innovation Chain, 8 Oct in London 27 July 2015
ESTVCA partnering with German Private Equity Conference, 27 November in Frankfurt 07 July 2015
Most awaited event in the Baltics will take place in Jurmala on August 27th! 15 June 2015
22 Eesti tippadvokaati panid seljad kokku, et luua kõrgetasemeline riskikapitali valdkonna õiguskeskkond 10 June 2015
BaltCap’s portfolio company Trafi raises a $6.5m series A funding 22 May 2015
Estonian Private Equity & Venture Capital Industry Review 2014 18 May 2015
Nordic Private Equity Summit, June 18th in Copenhagen 07 May 2015
Ambient Sound Investment exits Wahanda 04 May 2015
BaltCap invests additional EUR 1 million in STENDERS 12 March 2015
EfTEN Capital announces new €100m alternative investment fund 02 February 2015
Estonian-founded, London-based TransferWise raises $58m from Andreessen Horowitz 27 January 2015
BPM Mezzanine Fund holds first and final close at hard cap of €70m 16 January 2015
Kristiina Vassilkova: ettevõtja saab riskikapitali abil teha suuri asju 19 December 2014
Nordic Fundraising Summit, 4-5 March in Copenhagen 28 November 2014
Swedbank Investment Funds received EIF Annual Breakthrough Award 10 November 2014
Polish & CEE Private Equity Forum in Warsaw, 6th Feb 2015 04 November 2014
Jobbatical, A Job Site For Work Sabbaticals And Career Breaks, Raises Seed Round 30 October 2014
Baltic M&A and Private Equity Forum 2014, 6-7 November in Vilnius 15 October 2014
ASI's portfolio company Wahanda raises another €20,6m and acquiers Germany's Salonmeister 13 October 2014
GrabCad Acquired by Stratasys at over €70M. Largest exit in Estonia since Skype 16 September 2014
EVCA Central & Eastern Europe Statistics 2013 report 04 August 2014
Over 100 Baltic PE & VC market professionals gather in Minge, Lithuania 21 July 2014
BaltCap Private Equity Fund II holds second close at €81,5m 16 July 2014
Magnetic MRO appoints a new CEO 10 July 2014
Redgate acquired OÜ Westenpark 04 July 2014
Redgate acquired Luku-Expert OÜ 13 June 2014
Now Backed By Sir Richard Branson, TransferWise Raises $25M For Cheaper Money Transfers. 10 June 2014
BaltCap invests in Lithuanian wind farm 02 June 2014
EstVCA 2013 review 12 May 2014
BaltCap Private Equity Fund II acquires 75% shareholding in Ecoservice 04 April 2014
EBRD holds Private Equity fund manager workshop in Tallinn 28 February 2014
© Estonian Private Equity and Venture Capital Association