Tallinn-based PowerUP Energy Technologies has secured €10 million in Series A financing to accelerate manufacturing and commercial rollout of its hydrogen-powered electric generators.
Tallinn-based PowerUP Energy Technologies has secured €10 million in Series A financing to accelerate manufacturing and commercial rollout of its hydrogen-powered electric generators.
Cleantech startup MarkeDroid has raised €300,000 in bridge funding to accelerate the rollout of its AI-powered distributed energy orchestration platform across Europe.
Sunly, the Tallinn-based renewable energy developer, has raised €85 million in debt financing from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to build four large-scale solar parks in Latvia.
Tallinn-based deeptech startup Lendurai has raised €5.5 million in seed funding to accelerate its work on autonomous unmanned aerial vehicle (UAV) systems capable of operating in GPS- and radio-denied environments.
Estonia-based cybersecurity startup Blackwall has raised €45 million ($49.2M) in Series B funding to expand its AI-powered security solutions that protect small and mid-sized businesses (SMBs) from bot attacks, fraud, and malicious web traffic.
Tallinn-based Sunly, a leading renewable energy producer, has secured €300 million in debt financing to advance the development of 1.3 GW of solar, wind, storage, and hybrid parks across the Baltics and Poland. The funding will support Sunly's mission to enhance energy security in the region through sustainable energy projects.
Tallinn-based Bolt, a major player in transportation providing ride-hailing, micromobility, and food delivery services, has successfully secured a €220 million syndicated revolving credit facility (RCF). This financing marks Bolt's inaugural revolving credit facility, reflecting strong demand as the RCF was upsized and oversubscribed during syndication.
Salesforge, an AI-copilot for sales execution, has raised $500K from BADideas.fund, Spring Capital, Fiedler Capital and super angel Maciej Zawadzinski, supercharging the team's ambition to redefine the landscape of B2B sales.
Eleport, an Estonian provider of electric vehicle charging networks, has announced the closure of a funding round from its current investors, Ambient Sound Investment and Gren. While the specific amount of the investment was not disclosed, Eleport has outlined ambitious plans to invest over €20M in 2024 and more than
Tuum, a pioneering core banking platform based in Tallinn, has successfully raised €25M in a Series B funding round. The round was led by CommerzVentures, with contributions from Speedinvest and existing investors, underscoring the fintech's growing influence in the digital banking sector.
