Periods count from when the news broke.
Hire · EE · 08 Sep · —
Tallink has appointed Armin Penner as its new CFO, replacing the current financial director who is leaving for Viru Keemia Grupp.
Exit · EE · 08 Sep · EUR 250K
Punktid Technologies is exiting the First North alternative market after spending 250,000 euros.
Launch · EE · 02 Sep · —
Skeleton Technologies and Infineon Technologies have signed a memorandum of understanding to develop power supply solutions for AI data centers, aiming to improve energy efficiency and system reliability.
Hire · EE · 02 Sep · —
Tanel Olek has joined Kaamos Kinnisvara as CEO after leaving Mainor Ülemiste.
Exit · EE · 01 Sep · —
The sale of the Saaremaa production unit helped PRFoods into profit.
Hire · EE · 01 Sep · —
SEB has appointed Joosep Kadak as the head of corporate banking, replacing Peep Jalakas who moved to Tallink.
Hire · EE · 01 Sep · —
Elisa Estonia has appointed Martin Link as the new head of its business customer unit, previously from Cybernetica.
Hire · EE · 01 Sep · —
Glassense has expanded its management team by hiring Ardo Asperk and Siiri Odrats-Koni to improve profitability.
Exit · EE · 01 Sep · —
Alar Mitt, the founder of ALAR INVEST OÜ, has bought out his long-time business partners Jaan Tammor and Martin Vihmann.
Launch · EE · 31 Aug · —
Tensor Estate is facilitating the establishment of an AI factory in Estonia, attracting new investors.
Hire · EE · 31 Aug · —
Respo Trailers will have a new leader, Indrek Ojamaa, starting in September, while the current leader Toomas Antons will continue in the council.
Exit · EE · 28 Aug · —
Zondacrypto, a cryptocurrency company suspected of fraud, has gone bankrupt in Estonia.
Hire · EE · 27 Aug · —
Yook Production has appointed Andres Kangur as the new sales manager, responsible for global sales activities and product development.
Hire · EE · 26 Aug · —
Modera will have a new CEO in September.
Launch · EE · 21 Aug · —
Skeleton Technologies has moved its battery production to Finland, establishing a factory in Varkaus to produce new 'super batteries' that address energy storage challenges.
Launch · EE · 20 Aug · —
SKN Industrial Solutions OÜ expands its equipment supply across Europe, specializing in fire suppression systems, dosimetric equipment, and pumps and compressor equipment for industrial and energy infrastructure.
Launch · EE · 20 Aug · —
Bolt has launched its shared bicycle service in central Riga and nearby areas, with plans to expand based on demand.
Launch · EE · 17 Aug · —
Auroomi has successfully launched a new sauna product that is well-suited for Southern Europe during a heat wave.
Funding · EE · 14 Aug · EUR 4K
Guardian Labs secured pre-seed funding of €4,000 to develop their phone fraud prevention technology.
Launch · EE · 13 Aug · —
Tensor is establishing the first international artificial intelligence factory in the Baltics, promising significant economic impact for Estonia.
Launch · EE · 12 Aug · EUR 25.0M
Allas Pool is expanding to Tallinn with a new sea spa project, backed by a 25 million euro investment budget, in collaboration with the Estonian real estate development company Kapitel.
Launch · EE · 12 Aug · —
Launch of Hairmagic Production, a company focused on processing natural Slavic hair and creating hair products.
Launch · EE · 11 Aug · —
Peetri Pizza expands its express pizza offering to 42 Alexela service stations across Estonia, marking the largest expansion in its history.
Launch · EE · 10 Aug · —
Iute Group has launched iuteMarket, an integrated shopping service within the Myiute app, allowing customers to discover, finance, and purchase products seamlessly.
Exit · EE · 06 Aug · —
Ringy acquires Upgreat, the largest retailer of refurbished smart devices in the Baltics.
Exit · EE · 04 Aug · —
Pipedrive has acquired Outfunnel, a startup co-founded by its former marketing chief Andrus Purde.
Exit · EE · 03 Aug · —
ZONE MEDIA OÜ was sold to YOUR.ONLINE BALTICS FINACQ OÜ.
Launch · EE · 02 Aug · —
BLOUIT TORDIKÜÜNLAD OÜ launched their edible cake candles, now available in several stores, transitioning from a school project to a profitable business.
Launch · EE · 01 Aug · —
Veski Teod has launched Estonia's first snail farm, producing snail vodka and exporting to Ireland, and has partnered with two restaurants.
Launch · EE · 31 Jul · EUR 50.0M
Greenergy Data Centers is expanding its data center in Estonia with a project worth 50 million euros, increasing its power capacity by 22 MW.
Launch · EE · 31 Jul · —
RayFoil has launched electric surfboards (eFoils) in several European countries.
Launch · EE · 29 Jul · —
Bolt has launched a new feature allowing users to book rides through the ChatGPT AI tool, making it the first mobility service platform in the EU to integrate this capability.
Launch · EE · 28 Jul · —
Sunly plans to build the largest data center in the Baltics in Risti, with an initial capacity of 180 megawatts, potentially increasing to 400 megawatts.
Hire · EE · 24 Jul · —
Inbank has appointed a new Chief Technology Officer.
Launch · EE · 16 Jul · —
Patchstack has partnered with Hostinger to integrate continuous open-source vulnerability management for Node.js hosting.
Launch · EE · 07 Jul · —
Mifundo partners with Biroul de Credit to enhance cross-border credit data access for European banks, improving assessments for Romanian customers.
Funding · EE · 07 Jul · EUR 470K
Display.dev has secured €470,000 in pre-seed funding to develop its publishing and collaboration platform for AI agents.
Exit · EE · 30 Jun · —
Kriptomat has ceased providing all regulated services and is in the process of shutting down its platform, transitioning to a read-only phase.