Technology Archives - Estonian World

President Kaljulaid gifts an Estonian-produced electric bike to the German head of state

By Sten Hankewitz / July 2, 2020 July 2, 2020 / 2 minutes of reading

The Estonian president, Kersti Kaljulaid, has gifted an electric bicycle, manufactured by the Estonian-founded company, Ampler, to her German counterpart, Frank-Walter Steinmeier. Kaljulaid also visited Ampler’s showroom in Berlin, Germany, on 29 June, during her visit to the country to celebrate the 100th anniversary of the Estonian embassy. “The visit …

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Estonian online identity verification startup raises USD15.5 million in financing round

By Silver Tambur / July 2, 2020 July 2, 2020 / 1 minute of reading

The Estonian online identity verification startup, Veriff, has closed a financing round of USD15.5 million to bolster its global growth. Founded in 2015 by Kaarel Kotkas, Veriff’s technology makes sure a person is who they claim to be. Using artificial intelligence, the firm claims to analyse thousands of technological and …

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Estonian AI-based negotiation platform startup closes a USD3 million seed round

By Sten Hankewitz / July 2, 2020 July 2, 2020 / 2 minutes of reading

Pactum, an Estonian-founded AI-based platform that enables companies to automate personalised commercial negotiations, has announced the closing of a USD3 million seed financing round led by Berlin-based Project A, a venture capital fund focused on innovative startups, with investments by DocuSign and other previous investors. “We’re happy to announce this …

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Estonian storyhacking platform launches with USD10 million funding

By Sten Hankewitz / June 26, 2020 June 26, 2020 / 3 minutes of reading

Estonian-founded storyhacking platform Whatifi has launched with USD10 million in funding, led by Andreessen Horowitz; the company is providing a new way to watch movies on one’s phone with one’s friends. “Whatifi unlocks the ability to discuss, debate and decide what happens next in the movies you watch with friends …

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Index: E-state Estonia has some of the slowest internets in Europe

By Sten Hankewitz / June 25, 2020 June 25, 2020 / 3 minutes of reading

According to the May 2020 Speedtest Global Index, the self-proclaimed e-state of Estonia has some of the slowest fixed broadband internets in Europe. Even though Estonia likes to tout its digital solutions and successes, it is not reflected in the global index of fixed broadband speeds, compiled by Speedtest, the …

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A Tallinn business park is testing a public transit platform based on self-driving buses

By Sten Hankewitz / June 19, 2020 June 19, 2020 / 2 minutes of reading

On 18 June, an Estonian-developed self-driving bus with an integrated infrastructure started serving passengers in a test run at Ülemiste City, a business park in Tallinn, Estonia. The bus network in the campus will be supplemented with two further buses to test a public transportation platform based on three self-driving …

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Estonian mobile payments startup Fortumo sold to Boku for $41 million

By Silver Tambur / June 18, 2020 June 18, 2020 / 2 minutes of reading

Fortumo, the mobile payments services provider, founded in Tartu, Estonia, has been acquired by the London Stock Exchange-listed mobile payments platform, Boku. Fortumo was founded in Tartu in 2007 as a spin-off of the mobile services company, Mobi Solutions, by entrepreneurs Rain Rannu and Veljo Otsason. The company offers various …

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The first Estonian-made electric scooter launched

By Silver Tambur / June 3, 2020 June 4, 2020 / 2 minutes of reading

The Tallinn-based company, Comodule, has launched its electric scooter called Tuul – the first electric scooter developed and manufactured in Estonia. Comodule’s story started off when three founders of the company – Kristjan Maruste, Teet Praks and Heigo Varik – were still students at the Tallinn University of Technology and …

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The Latitude59 2020 tech conference to take place on-site and online this year

By Sten Hankewitz / June 3, 2020 June 3, 2020 / 2 minutes of reading

The Latitude59 2020 tech conference will take place in Tallinn from 27-28 August, as announced previously, but in addition to the actual conference, it will also be available online. Latitude59 is a conference for various networking opportunities, in-depth discussions with top international players, several pitching rounds for both startups as …

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Estonian biologists map biodiversity to break the silence

By Estonian World / May 29, 2020 May 29, 2020 / 6 minutes of reading

Estonian biologists have created an app to shine light on one of the most threatening issues on this planet – biodiversity loss. This article is published in collaboration with Research in Estonia. Written By Marian Männi. “If I would go back to the exact same forest that I visited in the …

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