Estonian startups

Estonian-founded cybersecurity startup RangeForce raises USD1.5M in seed funding

RangeForce, an Estonia and New York-based startup, has raised USD1.5 million in seed funding for cybersecurity simulation-based learning platform. The Estonian-founded startup raised the funding from Paladin Capital Group, with participation from Trind Ventures. RangeForce helps companies deal with their cybersecurity and information security vulnerabilities by training their security specialists …

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Estonian-founded TransferWise is now the most valuable fintech startup in Europe

The Estonian-founded money transfer startup, TransferWise, is now the most valuable fintech startup in Europe after a new investment round that values the company at USD3.5 billion. The Estonian-founded, London-based company, raised USD292 in a round of funding, giving it a valuation of 3.5 billion US dollars. To date, the …

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Latitude59 tech conference in Tallinn to feature 250 investors and over 700 startup entrepreneurs

The Estonian tech and startup conference, Latitude59, is to take place from 16-17 May and is expected to be visited by 2,500 people. The event, taking place at the Kultuurikatel event space in Tallinn, Estonia, will present a programme covering different topics – startups, digital governance, sustainable business development, innovation …

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Bolt and Pipedrive listed in the FT 1000 Europe’s fastest-growing companies

Estonian companies Bolt and Pipedrive have made it to the Financial Times third annual list of a thousand fastest-growing European companies. On the third place in the list is the Estonian ridesharing company Taxify, now known as Bolt, with the absolute revenue growth of 12,231% between 2014 and 2017. Bolt, …

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Estonian transportation startup Bolt launches in Russia

The Tallinn-based transportation platform, Bolt, formerly known as Taxify, started operations in Russia on 18 April by launching its ride-hailing services in the country’s second-largest city, St Petersburg. Bolt will offer competition in a market dominated by the Russia-based company, Yandex.Taxi. “Russia is a rapidly growing on-demand transportation marketplace. Bolt’s …

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Estonian delivery startup Starship is rolling into university campuses

The Estonian delivery startup, Starship Technologies, is rolling into university campuses with its delivery robots, having launched at Northern Arizona University recently. Starship, together with Sodexo, a provider of integrated food, facilities management and other services, launched the delivery robots at the end of March with Einstein Bros Bagels and …

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Estonian ride-sharing company Bolt awarded as the best young-led startup

At the Startup Europe Awards ceremony, held in Romania, the Estonian ride-sharing company Bolt was awarded as the best young-led startup in Europe. At the awards ceremony in late March, the European Commission and the Finnova Foundation awarded five significant startups in Europe for their social impact. Bolt – formerly …

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Estonia: a springboard for global startups and AI applications

Artificial intelligence is taking the world by storm; Triin Mahlakõiv analyses where Estonia stands in the AI ecosystem and whether the Estonian businesses are ready for AI. We know tech giants like Amazon, Baidu, Facebook and Google have AI advantages like collecting enormous amounts of data, access to top talent, huge …

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Almost a 1,000 people have moved to Estonia on the two-year-old startup visa

The Estonian startup visa has allowed 931 people to move to the country within the past two years since it was launched. Altogether, the startup visa programme received 1,108 applications, Startup Estonia said in a blog post. “When in 2017 we had 167 employees and 107 founders relocate to Estonia, …

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What is it like to work for one of the fastest growing Estonian startups?

Kreet Prants, the verification operations lead at Veriff, the Estonian startup of the year, gives an overview of the fast-growing company’s goals, working culture and the kind of people it is looking for to join its team. Veriff is one of the fastest growing startups in Estonia, providing web and …

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