EstVCA October 2021 Newsletter

01 November 2021


October was in many ways remarkable - we are so honored to present to you our new Management Board with 11 members that will continue to develop the organisation and PE/VC field in Estonia for the next 2 years. The board will elect its Chairman on November 15. 

There was great news from Change Ventures, who announced its fund size reaching close to €43M and BaltCap appointing two new partners. Not to mention the six new deals and exciting upcoming events.

In the EstVCA October 2021 Newsletter you will find:

NEW BOARD:
  • EstVCA new Management Board was elected on 21 October 2021

FUNDS:
  • Change Ventures grows its fund size to €43M
  • BaltCap announces two new partners

DEALS:
  • Ambient Sound Investments participates in the €7.4 M investment round to Ampler Bikes
  • Siena Secondary Fund acquired a stake in Testlio
  • Superangel invests in cloud storage startup Storadera
  • Grünfin raises €2M for its new sustainable investing platform with Superangel and United Angels also on board as investors
  • EXIT: BPM Mezzanine Fund exited its investment in e-commerce & POS solutions provider iDS
  • BaltCap and Lithuanian Ministry of Education, Science and Sport, and Vilnius City Municipality signed the largest PPP agreement in the Baltics

EVENTS
  • EstVCA new Annual Events Calendar
  • PwC invites: "ESG as a game-changer" seminar - 3 November at 3:30 PM (Tallinn)
  • EY Entrepreneur of the Year Estonia 2022 competition has started
  • Invitation: Estonian Unicorn Factory at Slush 2021 - 1 December at 4:30 (Helsinki)

MEDIA
  • EstVCA and KPMG talk about CVC

Read the newsletter HERE

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