NEW MEMBER: Nordic Science Investments joins EstVCA

By ESTVCA | 3 November 2025

We are excited to announce that Nordic Science Investments, an early-stage venture fund advancing research-empowered entrepreneurship across the New Nordics, has joined EstVCA as a new member!

Launched in February 2024, the fund has currently invested in 19 spinouts and startups, working at the crossroads of scientific disciplines and emerging technology, transforming frontier research into scalable, globally competitive companies.

Madis Lehtmets, Managing Director at EstVCA: “Nordic Science Investments is an excellent addition to the EstVCA community, enriching it with valuable knowledge and experience from the science-based innovation field. As EstVCA has become increasingly outward-looking, building relationships across Europe and beyond is more important than ever. Having a new member with a strong Nordic presence and partner-level connections adds significant value to our network.”

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Originally published on 27 Oct

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EXIT: Trind Ventures’ portfolio company Tise has been acquired by eBay

By ESTVCA | 26 September 2025

eBay, a global commerce leader that connects millions of buyers and sellers worldwide, has entered into a definitive agreement to acquire Trind Ventures’ portfolio company, Tise – a consumer-to-consumer (C2C) social marketplace headquartered in Oslo, Norway.

The acquisition will strengthen eBay’s global proposition in C2C, building on the significant momentum it has made in elevating the customer experience. Tise’s social-first, highly intuitive platform will open the door to a vibrant community of Gen Z and Millennial enthusiasts who continue to drive demand across categories.

Oliver Klinck, VP, GM Global Markets Success & C2C at eBay: “This acquisition is a natural next step in our investment in Tise, which will allow us to accelerate Tise’s strategy and unlock new opportunities for innovation. With Tise’s on-trend inventory, loyal community, and social-first approach, we’ll strengthen eBay’s C2C offerings and more deeply connect with the next generation of enthusiasts.”

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Originally published on 25 Sep

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From Stockholm to Riga, Outlast Fund launches €21M fund to back founders in it for the long game

By Outlast Fund | 18 September 2025

Outlast Fund, a Baltic-Nordic VC fund, has closed its first fund at 21M EUR to invest in pre-seed and seed-stage startups from the region. The fund is based in Riga and Stockholm, and aims to be the first cheque in backing founders building solutions that are built to last, with initial pre-seed tickets of up to 250,000 EUR and 1.5M EUR seed rounds.

The fund goes against the grain in the investment environment, eschewing typical VC advice to prioritize quick exits. Rather, they look to scour the edges to uncover the most promising founders in the Baltics and Nordics, and are prepared to invest in them at the earliest stages to help them build enduring companies. 

The fund is particularly keen to keep an eye out for serial entrepreneurs with a proven track record, ready to back them as early as the idea stage. Outlast Fund also invests in first-time founders who possess unique and specific insights within their chosen verticals. However, a trait that they look for in all cases is an obsessive drive to solve their customers’ most pressing problems. Regardless of whether the founders are better suited for building lean teams with the help of angels, microfunds, and syndicates, or if they are eyeing large rounds from the get-go, Outlast Fund is ready to support from the first cheque, rather than jumping in at the middle.

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Originally published on 18 Sep

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Estonian FinTech startup Cino raises €3.5M for its group payment app

By Invest in Estonia | 15 March 2025

Tallinn-based FinTech startup Cino has secured €3.5M in seed funding to expand its real-time shared payment application across Europe and launch in the UK market. Cino has developed a unique payment solution that allows groups to pay together in a single transaction. Unlike traditional bill-splitting apps that create debt and require follow-up payments, Cino charges everyone their share in real time at the point of checkout.

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Originally published on 13 Mar

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