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What it’s like to found a startup in Estonia

The Next Web

Nowhere in the world offers the kind of business climate that is so conducive to innovation, creativity and success for the aspiring entrepreneur. I happen to be from Estonia, a small, but fiercely proud country near the Baltic Sea, one with a burgeoning startup scene that’s full of driven, intelligent and hungry entrepreneurs.

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Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

TechCrunch

Identity verification (IDV) provider Veriff , has raised a $100 million Series C round co-led by Tiger Global and Alkeon. The Estonia-based startup’s “special sauce” is using AI-powered video to verify identifies. The new funding means the company is now valued at $1.5

Global 98
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Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

TechCrunch

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. “All of our business units are growing,” founder and CEO Markus Villig said in an interview this week. . billion ($8.4 billion). ”

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Sales CRM Pipedrive takes majority investment from Vista Equity Partners to reach unicorn status

TechCrunch

Pipedrive , the sales CRM tool for small and medium-sized businesses, is the latest European company to reach unicorn status. Founded in Estonia and now headquartered in New York, the company has taken a majority investment from U.S. “Pipedrive is now Europe and Estonia’s newest SaaS unicorn,” says Zennström.

Estonia 112
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UK’s Magical Mushroom Company uses mycelium to replace plastic packaging

TechCrunch

Global plastic waste has more than doubled , and 40% of that waste comes from packaging. Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). Luckily there is no shortage of sustainable packaging startups in Europe. Just take a look: Circleback (Germany), Recup (Germany), Sourceful (U.K.),

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Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

TechCrunch

Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. “Whereas global providers give a personal touch maybe only to a few big clients in the enterprise sectors.” It recently closed a $1.4

Local 109
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You’ve graduated from the incubator cocoon… now what?

The Next Web

Incubators and accelerators have provided a tremendous boost to the start-up ecosystem, but the arena also requires another medium to step in for those accelerator graduates – one that helps them scale, go global, and gain critical traction to attract market interest and investment. Crowdfunding (trend or hype)?

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