Posts Tagged ‘Estonia’
Locked Shields, wargaming and pitch feedback shaped the fourth NATO DIANA onsite in Tallinn
The NATO DIANA Estonian Accelerator teams returned to Tallinn for their fourth onsite, bringing 12 dual-use and defence companies into four days of workshops, field visits, scenario-based wargaming, pitch practice and direct ecosystem feedback.
The onsite focused on what happens after a strong technical demo: financial planning, defence sales, operational context, testing options, clearer pitch decks and sharper conversations with potential customers and partners.
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Originally published on 30 Apr
Read MoreEstonian startup MarkeDroid expands to Sweden’s energy market
Estonian energy startup MarkeDroid has entered the Swedish flexibility market through a partnership with Flower — giving solar and battery owners new opportunities.
Estonian smart energy management company MarkeDroid has entered the Swedish market through a new partnership with Flower, a Stockholm-based provider of flexibility services, says the official press-release. Previously, the company has already added North America to its coverage through a partnership, and also scored among Latitude59 Pitch Competition 2025 winners, securing €175K from Estonian Business Angels Network (EstBAN).
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Originally published on 28 Apr
Read MoreSeven Estonian DeepTech startups win €3.4M in EU funding
Another outsized win is scored by the Estonian ecosystem. Seven local DeepTech startups have secured a combined €3.37M in funding through the European Innovation Council’s Pre-Accelerator programme (EIC Pre-Accelerator), a competitive EU initiative designed to help early-stage companies develop their technology, sharpen their competitiveness, and prepare for larger international funding rounds.
Each successful applicant receives up to €500,000. The programme also acts as a stepping stone towards the EIC Accelerator — the main EIC funding instrument, where grants and investments run into the millions.
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Originally published on 28 Apr
Read MoreOver €700M awarded from European Defence Fund to projects involving Estonia
Estonia’s reputation as a European DefenceTech hub is proven by striking numbers. The country has secured a significant share of the European Union’s latest defence research investment, with 26 international projects involving Estonian companies or institutions awarded funding under the 2025 round of the European Defence Fund (EDF).
The European Commission is investing €1.07 billion across 57 projects in this cycle, and Estonia’s slice is nothing to scoff at: the combined value of work packages held by Estonian firms exceeds €28M, while the total EU grants flowing to projects with Estonian involvement surpasses €700M, reports the Ministy of Defence — projects that span drones, autonomy, cyber defence and space.
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Originally published on 27 Apr
Read MoreBringing the full scope of our work into view as the energy transition accelerates
We have recently introduced a refreshed Elcogen brand, including a new visual identity and a more detailed articulation, through a new website design, of who we are and what we stand for. This evolution reflects how our business has grown, how our technology is being applied, and the role we see ourselves playing in a rapidly changing energy landscape.
Our previous tagline focused only on enabling affordable green hydrogen. That remains central to what we do, but it is only part of the picture. At the heart of this brand update is our new tagline: Bridging the energy transition.
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Originally published on 22 Apr
Read MoreARCA Baltics Operations to Build €300 Million Ammunition Factory in North Kiviõli
In the North Kiviõli defence industry park in Estonia, ARCA Baltics Operations will begin producing 155 mm artillery ammunition. The total investment amounts to approximately €300 million, and the completed ammunition factory is expected to create up to 1,000 jobs in the region, with production planned to start in 2028.
“With the establishment of large-calibre ammunition production, Estonia is taking an important step in developing its defence capabilities and ammunition industry. ARCA is a rapidly expanding defence company that has in recent years developed a significant ammunition production hub in Turkey. ARCA Baltics Operations, established in Estonia, will build a factory in North Kiviõli where the primary focus will be on producing large-calibre 155 mm ammunition, including extended-range variants. Under the agreement, the Estonian state will also have the option to procure ammunition from this major producer if needed. In addition, the agreement signed today brings an investment of hundreds of millions of euros into the Estonian economy and creates hundreds of new jobs,” said Minister of Defence Hanno Pevkur.
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Originally published on 21 Apr
Read MoreEstonia’s Coop brings the biggest foreign supermarket chain under domestic ownership
Estonian economy is starting 2026 on a positive note, with one of the most consequential deals of recent years, with domestic investors stepping in big time. Coop Estonia, the country’s largest grocery chain, has agreed to acquire all 13 Prisma Peremarket supermarkets from Finnish retail group SOK — in what is described as the largest domestic retail transaction in Estonia’s history, per ERR.
Prisma, which has operated in Estonia since 2000 and is part of Finland’s S-Group cooperative, employs over 700 people across stores in Tallinn, Tartu, Narva, Rapla and Harju County. Once the Estonian Competition Authority signs off on the deal — expected later this year — all stores will be rebranded under the Coop banner and staff will transfer accordingly. The financial terms have not been disclosed.
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Originally published on 16 Apr
Read MoreMichal: Estonia aims to become a world leader in the use of artificial intelligence
Stenbock House, 8 April – At a meeting of the Eesti.ai council, 15 high-impact projects were approved, aimed at accelerating the adoption of artificial intelligence in Estonia and strengthening the competitiveness of the country. According to Prime Minister Kristen Michal, the aim is to make Estonia one of the world’s leading implementers of artificial intelligence.
“Doctors, teachers, accountants, human resources specialists, musicians, translators, and many others will have more time to devote to meaningful work, learning, and interacting with people when they use artificial intelligence. Less time is spent searching for information, on paperwork, and on routine tasks. This also means more personal and family time,” said Michal.
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Originally published on 16 Apr
Read MoreNeo Successfully Commissions Heavy Rare Earth Separation Production Line in Europe
Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX:NEO; OTCQX:NOPMF) today announced the successful commissioning of its heavy rare earth element (“HREE”) solvent extraction small-scale production line at its Silmet facility in Estonia. The solvent extraction line is operating at nameplate capacity, with efforts now focused on delivering stable product purity prior to transitioning to routine production capacity.
The operation has produced its first separated terbium and dysprosium process solutions, pre-cursor products for metal making, from mixed rare earth carbonate feedstock, with all processing completed entirely in Europe. This achievement validates the technical robustness and operational reliability of the Silmet HREE solvent extraction line under continuous operating conditions and marks a significant milestone in establishing advanced heavy rare earth separation capability in Europe.
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Originally published on 10 Apr
Read MoreHandhold raises €3M to build AI account managers
Estonian-founded startup Handhold has closed a €3M seed round to scale its AI-powered platform that automates the entire inbound customer journey — from first website visit through to renewal.
The round was led by Entourage Capital, with participation from Inovia Capital and e2vc. The broader ecosystem also chiped in: notable angels include Bolt founder Markus Villig, former Twilio CTO Ott Kaukver, Wise CTO Harsh Sinha, and Verif founder Janer Gorohhov.
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Originally published on 13 Apr
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