The Estonian investment fund, Superangel, founded by entrepreneurs and investors Veljo Otsason, Rain Rannu and Marek Kiisa, will invest up to €750,000 in innovative startups through its Alpine House programme. According to Otsason, a founding partner at Superangel, the company will invest in startups with a high growth potential that …
Estonian investors to invest up to €750,000 in tech startups Read More »
The original drawings of world-famous architects, Louis Kahn and Moshe Safdie, are being showcased at the Museum of Estonian Architecture, thanks to the Estonian-American structural engineer, August Komendant. The museum is presenting a comprehensive retrospective on August Eduart Komendant (1906-1992), and the exhibition includes original drawings and models by architects …
According to Eurostat, the European Union’s statistics agency, Estonia has the eighth lowest minimum wage in the entire bloc – €584 a month. The seven countries that have an even lower minimum wage than Estonia are Bulgaria (€312), Latvia (€430), Romania (€466), Hungary (€487), Croatia (€546), the Czech Republic (€575) …
Estonia’s minimum wage is some of the lowest in the EU Read More »
One of the biggest business conferences in the Baltics, the sTARTUp Day, took place for the fourth time on 29-31 January in Tartu on four stages with 4,400 visitors and 158 speakers attending. Although the head organiser, Marili Vihmann, said the aim was to keep the same number of attendees …
At its meeting on 30 January, the Estonian government approved the plan to open Estonian embassies in the Republic of Korea and the Republic of Singapore. “Opening an embassy in Seoul is important for bilateral relations with South Korea and the Asian region in general,” the Estonian foreign ministry said …
Estonia to open embassies in South Korea and Singapore Read More »
The internet browser maker, Opera, has acquired the Estonian fintech startup, Pocosys, that provides banking technology to other fintech companies. In addition to Pocosys, Opera also entered into the agreement to take over Pocopay, a sister company of Pocosys that provides financial services in the European Union. With these acquisitions, …
Browser maker Opera acquires Estonian fintech startup Pocosys Read More »
According to a research by the UK comparison company, Comparethemarket.com, millennials in Britain – travellers aged 25-34 – are more likely than any other age group to travel to Estonia. The research revealed that 33,131 British millennials visited Estonia in 2019. The travel report shows that millennials in Britain – …
UK study: British millennials the most likely travel to Estonia Read More »
The Estonian precision-forestry startup, Timbeter, has closed a USD1 million seed round to fuel its expansion in Southeast Asia and Latin America. The seed round was led by TMT Investments, the venture investing company listed on the London Stock Exchange, famous for its early bets in Bolt and Pipedrive; as …
Estonian precision-forestry startup rises USD1 million in a seed round Read More »
The University of Tartu is to open a centre for digital technology, analytics and economic ideas in the downtown of Tartu. It’s called the University of Tartu Delta Centre and it will open its doors on 29 January. It comprises an academic and a research building and an entrepreneurship building …
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Skeleton Technologies, an Estonian ultracapacitor manufacturer, has signed a contract with Medcom, an innovator in the electric traction market, to provide ultracapacitors in the tram networks of Poland’s capital, Warsaw. “Energy efficiency is becoming the key design criteria for any public transportation system, and ultracapacitors, due to one million lifecycles …
Estonian ultracapacitor maker to provide its tech to Warsaw trams Read More »