Estonian startups

TransferWise announces £1 billion mark in cross-border payments

The Estonian-founded, London-based peer-to-peer currency transfer firm TransferWise announced that £1 billion (or €1.21 billion) have been transferred via its service. TransferWise growth has been impressive – just less than a year ago, it reached a milestone of £125 million. The development of the company was greatly accelerated after receiving …

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Click a button and grow herbs – the story of Estonian startup Click & Grow

Three years after coming up with its first product, Smartpot, a Tartu-based smart houseplant producer Click & Grow launches its second one – Smart Herb Garden. The third one, Smart Farm, is also in planning. When launched in 2010, Click & Grow was one of the first of the new …

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Video: Learning in Silicon Valley – three Estonian entrepreneurs share their experience

Freelance journalist Ede Schank Tamkivi is looking around in Silicon Valley, right next to San Francisco, the place where many world famous companies and new technologies are born – and interviews three Estonian entrepreneurs. It’s a well-known story how Mark Zuckerberg dropped out of Harvard and came to Silicon Valley …

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NOW! Innovations and Fortumo to export mobile carrier payment solution for parking and EV charging around the world

Two Estonian companies, the mobility services company NOW! Innovations and the carrier billing provider Fortumo, announced a global partnership for charging payments for parking and electric vehicle charging. NOW! Innovations will start offering payments for mobile parking, electric vehicle charging and other services through Fortumo’s direct carrier billing solution, available …

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TransferWise wins the FT Boldness in Business award in London

The Estonian-founded, London-based peer-to-peer currency transfer firm TransferWise has won the Financial Times ArcelorMittal Boldness in Business award in “Smaller Company” category. The annual Boldness in Business Awards are conducted by the Financial Times, one of the leading business newspapers in the world, in collaboration with ArcelorMittal, the world’s largest …

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Estonian-founded start-up ZeroTurnaround raises USD6 million in funding

The Estonian-founded, Boston-based, software developer ZeroTurnaround has raised USD6 million in venture debt funding. USD3 million of it comes from the California-based Western Technology Investment, which was previously a backer of Google and Facebook. Two month ago, ZeroTurnaround raised USD3 million in equity from the Boston-based investment branch Bain Capital …

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Estonian startup Cognuse to develop brain injury recovery solutions at Baltimore business accelerator

Cognuse, an Estonian startup that develops and distributes new evaluation and recovery solutions for brain injury patients, has been accepted to the DreamIt Health business accelerator in Baltimore, USA. Altogether, 120 companies applied for the DreamIt Health business acceleration programme, and only nine of them were shortlisted and accepted. “With …

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Estonia gets its first hardware-focused startup accelerator – Buildit

Based in the Tartu Science Park, one of the largest high-tech incubators in the Baltics, Buildit is the first accelerator in the Baltic and Nordic region with focus on physical devices (hardware in combination with software). With smart physical things one of the trendsetters in the startup world this year …

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Estonian startup GoWorkaBit wins Seedcamp London 2014

Estonian startup GoWorkaBit has won the Seedcamp London 2014 – a five-day event aimed at connecting the 20 best fresh web-tech, mobile and software talents with some of the leading entrepreneurs, developers, experts and investors from all across Europe and all over the world. GoWorkaBit, founded by an Estonian HR-specialist, Kei Karlson, specialises …

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