Estonia, EU – Baltic States, Good for Business, Investments, Technology
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 08:54
Estonian Skeleton Technologies raises EUR 41.3 mln
Skeleton was advised by investment bank UBS in the financing round. Ellex Raidla was the legal advisor to the transaction, Skeleton Technologies said.
Most of the investment was subscribed by new investors. All current investors joined the equity increase, including EIT InnoEnergy, FirstFloor Capital, MM Group and Harju Elekter.
According to Skeleton, the company's turnover will triple for the second year in a row despite the COVID-19 crisis. The company has signed contracts for the supply of products worth 150 million euros in the coming years.
Skeleton's production is located in Germany, but IT, electronics and electrical engineering are located in Tallinn's Ulemiste City. Approximately 90 people work in Germany and more than 50 people in Estonia, and the company plans to grow rapidly in the coming years.
A total of more than 93 million euros has been invested in the company.
Skeleton Technologies is a developer and manufacturer of ultracapacitors and energy-storage systems, delivering high power, high energy, reliable and long-life storage solutions in the automotive, transportation, grid and industrial sectors.
- 28.01.2022 BONO aims at a billion!
- 26.08.2021 LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits
- 13.02.2021 Моя жизнь в газете. Очерки по новейшей истории Латвии. Глава 1
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 Latvia to impose curfew, state of emergency to be extended until February 7