EstVCA January 2022 Newsletter

01 February 2022
Tags: Newsletter

While 2021 was an all record-breaking year, we're already seeing this continue for 2022. The year kicked off with some fabulous fundraising news from our tech-companies Bolt (raised €600M+, is now worth €4B+) and Veriff (raised $100M, became a unicorn on $1.5B valuation) with a number of our funds also participating as existing investors.

January was a busy month for us and our funds also in many other ways. Together with all key startup ecosystem players, we had a meeting with Prime Minister Kaja Kallas to tackle the most important aspects and challenges for the ecosystem and digital society to flourish.

We're also very honored to start our first-ever PE/VC syllabus at two Estonian universities this spring - TalTech and Estonian Business School. The 8-week course, created in cooperation the universities and EstVCA, provides a detailed overview of the role of PE/VC funds in the development and growth of companies at different development stages.

Not to mention exciting deals, events, and reports. Hope the newsletter serves as an informative read.

In the EstVCA January 2022 Newsletter you will find:

  • EstVCA teams up with universities to create a special Private Equity & Venture Capital syllabus
  • Prime Minister Kaja Kallas meets with technology sector representatives
  • Recap: EstVCA Funds on Stage
  • Upcoming events:
>> Latitude59 2022 / 19-20 May, 2022 / Tallinn
>> Baltic VCA Summit 2022 / 25-26 August, 2022 / Riga

  • Our members' investments & exits:
>> Karma Ventures’ portfolio company Infermedica raises $30M Series B round investment
>> Karma Ventures’ portfolio company Tuum raises €15m Series A round investment
>> Bestair Group and Zave Group team up with Livonia Partners for the next growth phase
>> BaltCap Infrastructure Fund will finance greenfield biomass CHP construction in Alytus
>> Trind VC participates in the $13 million A-round investment to metaverse avatar platform Ready Player Me

  • Recent media coverage
  • Survey
Read the newsletter HERE

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