Baltic VC Pulse | February 20 - February 27, 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.
Brought to you by RivalSense - made for monitoring any company.
Do you know what your competitors, clients, target accounts, or investors are up to? Monitor their fundraisings, market entries, employee changes, product offerings, pricing updates, and other news using RivalSense. Receive concise insights delivered to your inbox every week 💡
💸 Fundraising News
Plural co-led a $20 million Seed round investment in Karman+, a startup developing autonomous mining stations for asteroid resource extraction
byFounders has co-led a $10M seed round for Arsenale Bioyards to advance scalable and cost-competitive biomanufacturing using AI and automation
Vendep Capital co-led a $2.5M seed round investment in Behavix to enhance AI, machine learning, and US market presence
Startup Wise Guys participated in a $1.9 million follow-on investment round for Pointship, focusing on digital asset management and in-game asset trading
BSV Ventures, Nordic Science Investments, and University of Helsinki funds have invested €800K in Finnish medical startup Solid IO, a developer of organ-on-chip technology
Nordic Secondary Fund exited its investment in Fiizy following the acquisition of the fintech startup by Sweden's Clar
BADideas.fund celebrated its first exit with RoomPriceGenie, a revenue management system designed to optimize room pricing for independent hoteliers
🚀 Lithuanian bank ILTE will launch a new €18.6 million venture fund ‘‘Accelerator 3’’ and is now looking for Fund Managers with applications open until April 11th
🎟️ Event Participation
Vendep Capital is co-hosting a hybrid meetup on March 4 with Softlandia and Software Finland to explore AI-native SaaS products, featuring speakers Sasa Moilanen, CEO of Zoined, and Sami Kallio, CEO of HappySignals
On March 6, 2025, FIRSTPICK will co-host the SHIP IT. THURSDAY CHALLENGE KICKOFF with a €2,500 prize pool and a pre-accelerator spot for the top startup
Taavet Hinrikus, Partner at Plural, will be speaking at Bits & Pretzels 2025 in Munich in September
💡 Other News
Plural's portfolio company Proxima Fusion has published their first peer-reviewed fusion power plant concept
Tomas Okmanas discussed on the Sifted podcast why Tesonet owns a basketball club in London
Andra Bagdonaite from FIRSTPICK was featured in Vestbee's article discussing AI investments and VC strategies in 2025
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
RivalSense helps you monitor any company using AI and delivers weekly curated insights directly to your inbox. Try our 2-week free trial now 💡