Innovations

International Internet Magazine. Baltic States news & analytics Monday, 18.02.2019, 12:41

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Latvian NBA star Porzingis invests in sports injury prevention start-up Zone7

Latvian NBA star Porzingis invests in sports injury prevention start-up Zone7

12.02.2019

Latvian NBA star Kristaps Porzingis and former Dutch soccer star Jordi Cruyff have invested in Israeli-American sports injury prevention start-up Zone7, reported LETA/BNS. The start-up has raised a total of USD 2.5 million in seed funding (EUR 2.2 million), according to a statement released by the company on Tuesday.

Keyword tags: EU – Baltic States, Good for Business, Innovations, Investments, Latvia, Markets and Companies, Technology



Estonia: Cleveron, Itella working together in parcel delivery

Estonia: Cleveron, Itella working together in parcel delivery

12.02.2019

Starting from February, couriers of the logistics company Itella Smartpost delivering parcels to clients can leave domestic and international parcels alike at Cleveron's home parcel stations and apartment house parcel stations, where they will be collected by the client, reported LETA/BNS.

The first 18 startups financed by the ALTUM accelerator programs graduate Most promising teams will qualify for 250 thousand euro investment

The first 18 startups financed by the ALTUM accelerator programs graduate Most promising teams will qualify for 250 thousand euro investment

12.02.2019

Three accelerators backed by the Development Finance Institution ALTUM, started in autumn, have successfully completed their first startup batches. The accelerators, Overkill Ventures, Buildit Latvia and Commercialization Reactor Fund, provided acceleration services to the 18 most promising local and international startups selected from over 600 applications, informed ALTUM representative,


Minister: Tallinn-Helsinki tunnel a project of natl importance

Minister: Tallinn-Helsinki tunnel a project of natl importance

12.02.2019

Estonia's Minister of Economic Affairs and Infrastructure Kadri Simson on Monday described the project for a railway tunnel between Tallinn and Helsinki as a project of national importance for Estonia, informed LETA/BNS.

Veriff’s team grew 13 times in a year

Veriff’s team grew 13 times in a year

07.02.2019

Veriff, the start-up of the year in 2018 by Estonian venture capitalists, increased the number of its employees by 13 times in a year. A year ago, eight people worked for Veriff, by now, the company employees one hundred people from 18 different nationalities, Veriff representative informed BC.


07.02.2019

Tallink's Megastar shuttle to pilot autonomous navigation technologies

Estonian shipper Tallink is to form a partnership with Finnish researches to develop techniques for autonomous navigation, the program will be funded by the European Space Agency (ESA) and practical field tests will be carried out on Tallink's Megastar shuttle. informed LETA/BNS.

04.02.2019

Global sandbox: opportunity to test innovative products and services worldwide

The Bank of Lithuania has joined the global sandbox initiative which aims at providing support for firms wishing to test innovative financial products, services or business models across international markets.

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