Baltic VC Pulse | March 13 - March 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
Yolo Investments participated in a $82 million funding round for the cryptocurrency payments network Mesh
Karma Ventures portfolio company DRUID AI, a Romanian conversational AI company, is finalizing its €46M Series C funding
Icebreaker.vc participated in a €800K fund round for the Estonian AI warehouse and fleet management startup Fleetbrains
Tera Ventures participated in a €45M funding round for Blackwall (formerly BotGuard), a security and web infrastructure company
Startup Wise Guys' portfolio company Zerow secured a €400K pre-seed investment to enhance sustainable luxury fashion with AI-powered circularity solutions
Change Ventures has invested €250K for a 7.4% stake in the Latvian energy startup ENGYcell, which has also received €170K from the European Union funds
NGL Ventures participated in a Series A funding round for walk15.app, a portfolio startup, alongside Coinvest Capital and PVVG Holding
🚀 A new venture capital fund, Unmanned.vc, has formed in Estonia with a focus on early-stage high-growth companies developing unmanned systems
🎟️ Event Participation
Iron Wolf Capital's General Partner Viktoras Jucikas will lead a panel on monetizing EdTech solutions at the Baltic EdTech Week in Vilnius on March 19-20
Startup Wise Guys is hosting a live Q&A on March 20th for SaaS and Cyber/Defense startups to discuss their Spring Batch acceleration program
Rūta Skarulskė, Head of ESG & Impact at Contrarian Ventures, is attending the Villars Summit 2025 on March 19-21 in Switzerland to discuss climate and biodiversity solutions
Kevin Chavanne from Tenity will be a jury member at the Baltic Fintech Days pitching competition on April 2-3
Iryna Krepchuk, Investment Associate at Trind Ventures, is going to be a speaker at the EU-Startups Summit 2025 on April 24-25 in Malta
byFounders is hosting the byFounders Voyage, a networking event at sea for founders and investors, from May 26-31
Eric Lagier, Founder & Managing Partner at byFounders, will moderate a panel on 'VC's with an edge' at Superventure in Berlin on June 3rd
Tenity will attend the XRPL Apex 2025 event in Singapore from June 10-12 to discuss blockchain, DeFi, and asset tokenization
💡 Other News
Sille Pettai, CEO of SmartCap, discussed on Bloomberg's The Opening Trade how the €800 billion European rearmament plan is boosting European defense stocks and how Estonia's tech sector can innovate in defense
Andrei Doktoroff, Founder & CEO of theIntelligent VC, is seeking grant research and writing specialists for projects in Latvia and the EU
LongeVC's Artem Trotsyuk and Sergey Jakimov contributed to the Healthtech Pigeon podcast
Health Founders teams won the Best Innovation award and first place at the New Nordics Health Tech Innovation Demo Day
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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