Baltic VC Pulse | February 13 - February 20, 2025
Using RivalSense we this week generated insights on over 40 Baltic venture capital funds. We recorded multiple transactions, event participation announcements, and other news.
👋 Hi, and welcome to Baltic VC Pulse, your guide to the Baltic venture capital scene. Every Thursday, we publish a roundup featuring the latest fundraisings, events, job opportunities, and insights from over 40 Baltic VCs. Join us to stay ahead of the curve in the Baltic VC ecosystem and to be the first to know about any emerging opportunities.
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💸 Fundraising News
Vilnius-based Atrandi Biosciences has secured $25 million in Series A funding, with Lux Capital leading the round alongside Vsquared Ventures, Practica Capital, Metaplanet, and GRIDS Capital
DriveX Technologies, part of Startup Wise Guys' SaaS Tallinn 2022 batch, secured $1.2 million to enhance their AI-powered auto glass damage assessment solution
Parcelsea, the portfolio company of Superangel and Specialist VC, has been acquired by JetBeep
🧑💼 Employee Changes
Marili Merendi has joined SmartCap as an Investment Advisor, bringing her expertise in venture capital and experience with deep tech startups
Aurora Griffin has joined LongeVC as Managing Partner and Head of Investor Relations to scale the $250M LongeVC II fund and develop AniVC's $35M fund I
Freja Sommerskov, Investor, has left byFounders, according to the fund's team page
Tadas Gudauskas has joined FIRSTPICK as the Accelerator Program Manager
💸 Latvia-based Mapon, the largest fleet management solutions provider in the Baltics, has raised EUR 3 million through a bond listing on First North market
🎟️ Event Participation
Beamline Accelerator is co-hosting a special pitching and community event with EstBAN and Tenity on February 20 in Tallinn, focusing on foreign founders in the region
Sergey Jakimov, Managing Partner at LongeVC, will be a keynote speaker at BioInnovate2025 on February 20th, 2025, discussing LongeVC's investment approach in biotech
Mark Robinson, Commercial Director at Yolo Investments, announced that he and Klen Kaljulaid will attend the SiGMA Eurasia Summit in Dubai from February 23-25 to explore new investment opportunities
Health Founders will host the online New Nordics Health Tech Innovation Demo Day on March 14, 2025, featuring pitches from 12 early-stage health tech startups
Rando Rannus, General Partner at Siena Secondary Fund, will attend the CEE VC Summit in Warsaw on March 25-26
Contrarian Ventures is hosting the second edition of Growth Meets Capital in Bilbao on April 9th, bringing together 50 leading growth investors and 50 pioneering climate tech founders for curated meetings
Rain Tamm from Siena Secondary Fund will speak at the "0100 Emerging Europe" conference in Budapest on May 14-16 about liquidity needs and the secondary market in the CEE region
💡 Other News
Andrei Doktoroff, Founder & CEO of theIntelligent VC, announced a search for event partners in areas like peak performance and AI adoption
Bridgio is actively seeking Carbon Capture, Utilization, and Storage startups to connect them with a leading global corporation for potential collaboration
Trind Ventures' blog now includes insights on evaluating startup teams
Tenity is participating in Money20/20 Europe and offers a discount code TEN200 for €200 off
Thank you for reading this week’s edition. If you enjoyed it, please leave a like or comment, and share it with your friends. If you have any suggestions, would like us to feature a recent fundraising, mention that you're looking to invest, or simply list a job vacancy, reach out to us! We'd love to include it in the next issue of Baltic VC Pulse 🚀
All the best,
RivalSense Team
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