Private equity firms invested in a record 464 companies in Central and Eastern Europe (CEE) in 2019. Investments increase by 7% year-on-year to €2.95 billion.
Planet42, an Estonian fintech company that focuses on providing access to mobility to the underbanked in Africa, raised €2.2M ($2.4M) in seed funding.
Viveo Health, a Tallinn, Estonia-based healthtech company, raised €2m in funding.
99math, a Tallinn, Estonia-based startup that created eSports style competitions for math students, raised $500k in funding.
Opera Limited (Nasdaq: OPRA), the Norwegian headquartered browser provider, completed the acquisition of Pocosys, an Estonian Banking as a service company.
Clanbeat, a Tallinn, Estonia-based edtech startup, raised $1.2M in funding.
SoftSwiss, a tech company focused on iGaming, acquired Kingswin Online OÜ, an Estonian company holding the local remote gaming license.
MeetFrank, a Tallinn, Estonia-based secret career app, closed a €1.5M funding round.
UiPath, a NYC-based RPA software company, acquired StepShot, a Tallinn, Estonia-based provider of Process Documentation software.
Following successful $5.5m crowdfunding in 2019 and strategic investments made by top crypto whales, Roobee has launched its new its Initial Exchange Offering (IEO) round to expand its platform to Asia.
Bolt (formerly known as Taxify), an Estonian transportation platform that focuses on urban travel, received an investment from venture capital firm NordicNinja VC.
auto24, a Tallinn, Estonia-based automotive classifieds portal, was acquired by Baltic Classifieds Group.
Xolo (formerly known as LeapIN), a Tallinn, Estonia-based online platform for launching and running one-person businesses, completed a $6.8m (€6m) Series A funding.
Monese, the provider of a banking app for people and businesses, launched a collaboration with PayPal (NASDAQ: PYPL) that expands access to financial tools and the global economy for its customers.
Funderbeam, a Tallinn, Estonia and London, UK-based global funding and trading platform, raised US$4.5m in Series A funding.