Posts Tagged ‘startup’
Finnish Startup Homie secures €1M to scale Relationship-Led B2B Sales
Homie, a Helsinki-based startup building a platform for relationship-driven B2B sales, has raised €1 million in pre-seed funding to support its market launch and international expansion.
The round was led by Superhero Capital, with participation from Antler. The funding coincides with Homie’s public launch, making its network-based sales platform available to teams across Europe and North America.
Read full announcement (external link)
Originally published on 13 Jan
Read More578 applications, 115+ companies and €12.8 million raised – Tehnopol Startup Incubator 2025 wrap-up
The new year is already well underway and the next cohort of specialised accelerator programmes is about to kick off. Before 2026 fully gains momentum, it’s a good moment to look back: what did 2025 look like for Tehnopol Startup Incubator, and – most importantly – what kind of impact did it have on our startups and the wider ecosystem?
2025 was a fast-paced year by the numbers. We received 578 applications across our accelerator programmes, and 115+ companies joined our programmes during the year. A clear trend is that new cohorts are becoming more mature from day one: teams enter the programme with sharper focus, more realistic market validation and a clearer development roadmap.
Read full announcement (external link)
Originally published on 7 Jan
Read MoreAneli Capital Launches €35M Fund for Baltic and CEE Startups
A team of experts with over 15 years of experience in funding businesses has launched Aneli Capital, a fund to support early-stage startups in the Baltics, Poland, and other Central and Eastern European (CEE) countries. The €35 million fund will primarily focus on Information and Communication Technology (ICT) as well as robotics, space, photonics, and energy startups, with the goal of helping them grow and become ready for follow-on investors.
While CEE startups are gradually becoming more visible in the international startup scene, they still face issues such as a lack of funding and difficulties in scaling compared to their Western counterparts.
Aneli Capital plans to help solve these challenges by offering efficient, quick decision-making and founder-friendly terms in addition to capital.
Read full announcement (external link)
Originally published on 10 Dec
Read MoreYaga Raises €4m to Accelerate Growth of Its Sustainable Fashion Marketplace
Our portfolio company Yaga, the fast-growing online marketplace for secondhand fashion, has raised €4m in a pre-Series A funding round. We participated in the round together with Specialist VC, H&M Group, Startup Wise Guys, and a group of angel investors.
Resale platforms are no longer niche – they’re becoming mainstream shopping destinations. The global second-hand apparel market grew by about 15% in 2024, reaching $227 billion, and is forecast to reach $367 billion by 2029*. Yaga is at the centre of this global shift.
Over recent years, Yaga has doubled in size annually, reaching a €50m+ GMV run rate. The company is now profitable and has achieved this scale with a 25-person team and just €3.2m raised prior to this round, showing the efficiency of its model alongside strong market demand. Yaga has built a particularly strong presence in South Africa, where it has become the leading online fashion resale platform. Globally, sellers have earned more than €80 million to date, and more than 6 million items have found new owners, extending their life and reducing textile waste.
Read full announcement (external link)
Originally published on 12 Nov
Read MoreStartup Fair 2025 Invites You to the Pitch Battle: €3 Million in Investment Awaits the Best Startups
Lithuania’s largest startup event – Startup Fair 2025 – is soon returning to Vilnius. On October 9, the event will culminate in the Pitch Battle at LITEXPO, where innovative startup ideas will compete for the attention of experienced investors. It’s a unique opportunity for startups to showcase their businesses to an international audience, attract investment, and build valuable connections.
Success stories from last year prove just how important this event is. For the winners – including startups Psylink and BrachyDOSE – the Pitch Battle became a launchpad for their next growth stage.
“Lithuania’s startup ecosystem is now stronger than ever – with over a thousand innovative businesses operating globally, attracting both investment and talent, and 67% already active abroad. However, growing without the right support is difficult – nearly a third of startups cite lack of financial resources as their main challenge. That’s why it’s crucial to take advantage of funding opportunities and events like Pitch Battle, which help attract investor attention and secure the necessary resources for growth,” says Karolina Urbonaitė, Head of Startup Lithuania.
Read full announcement (external link)
Originally published on 9 Sep
Read MoreStartup Wise Guys participates in Uspacy’s €420k pre-seed round
Uspacy, a Tallinn, Estonia-based SaaS startup that provides a digital workspace for small and medium-sized businesses, has raised €420,000 in pre-seed funding.
The round included an investment of €250,000 from Startup Wise Guys, with contributions from several Ukrainian business angels. An additional €170,000+ was secured in the form of grants from Google for Startups, Seeds of Bravery, Glovo Startup Lab, and the Ukrainian Startup Fund, supported by UMAEF.
The investment will be used to develop the product further and expand active marketing, primarily in Ukraine and Poland. The team aims to confirm the ability to scale business in international markets and demonstrate significant foreign attraction.
Read full announcement (external link)
Originally published on 31 Aug
Read MoreFour startups are developing innovative solutions for the film industry at the IDA Hub Film and Multimedia Accelerator
Four ambitious startups have kicked off their journey in the Tehnopol Startup Incubator’s Film and Multimedia Accelerator IDA Hub. This marks the beginning of the program’s third cohort.
The Film and Multimedia Accelerator focuses on multimedia, virtual and augmented reality, and related fields, supporting startups that are innovating in these areas. Participants are guided by top-tier mentors who provide direct access to key figures in the film industry, the market, and investors. This creates a unique opportunity to develop products or services in a sector where innovation and creativity meet high technology.
Read full announcement (external link)
Originally published on 11 Apr
Read MoreEstonian FinTech startup Cino raises €3.5M for its group payment app
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.
Read full announcement (external link)
Originally published on 13 Mar
Read MoreRiga to invest EUR 170,000 in an accelerator and incubator support programme
Until March 16, the Riga City Municipality is accepting applications for the Riga Startup Accelerator and Incubator Support Programme. The programme aims to foster the growth of the startup sector in Riga by providing co-financing for business incubation and acceleration programmes. The budget for this programme in 2025 is EUR 170,000, with up to EUR 40,000 in co-financing available per applicant.
Read full announcement (external link)
Originally published on 4 Mar
Read MoreThe Estonian cyber security startup Phishbite is aiming to enter neighbouring markets
Tehnopol is part of the joint Northbound Scaleups (NBSCALE) project, which helps companies expand into new markets. The Estonian startup Phishbite went to visit Poland to look at possible target markets.
The goal was to meet at least five possible partners. “Making contacts was quite time-consuming and it was quite difficult to get through to the right people by telephone from here. The meetings we held went well, and we also managed to organise a couple of extra ones on the spot as well as those we had agreed in advance”, said co-founder of Phishbite Urmo Keskel.
Read full announcement (external link)
Originally published on 28 Feb
Read More