Technology

International Internet Magazine. Baltic States news & analytics Saturday, 25.01.2020, 05:27

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Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years

24.01.2020

Private investors or so-called business angels in five years have invested EUR 10.85 mln in Latvia's startups, Juris Birznieks, the board chairman of the Latvian Business Angel Network (LatBAN) at the annual investors event said LETA.

Keyword tags: Business, Good for Business, Innovations, Investments, Latvia, Technology



Estonia: Skeleton Technologies' energy storage systems to be installed on Warsaw trams

Estonia: Skeleton Technologies' energy storage systems to be installed on Warsaw trams

24.01.2020

Skeleton Technologies, a company of Estonian origin that provides ultracapacitors and energy storage systems for transportation and grid applications, has signed an agreement with Polish power system developer Medcom for the installment of energy storage systems on electric trams in Warsaw, CEO of Skeleton Technologies Taavi Madiberk said.

Estonia: RIA advises people to temporarily refrain from using Internet Explorer

Estonia: RIA advises people to temporarily refrain from using Internet Explorer

22.01.2020

The Estonian Information System Authority (RIA) is advising people to temporarily refrain from using Internet Explorer until the arrival of new security patches, informed LETA/BNS.


Estonia: Eesti Energia keen to produce fuel from non-recyclable plastic

Estonia: Eesti Energia keen to produce fuel from non-recyclable plastic

17.01.2020

Estonian state-owned energy group Eesti Energia has announced a public procurement tender for the conduct of applied research with a view to producing liquid fuels from non-recyclable plastics using Eesti Energia's Enefit technology, informed LETA/BNS.

Estonian scientists to start creating cyber defense environment

Estonian scientists to start creating cyber defense environment

17.01.2020

Scientists are about to start creating a cyber defense environment for securing Estonia's vitally important systems, informed LETA/BNS.


16.01.2020

Estonian govt supports creation of digital nomad visa

The Estonian government on Thursday endorsed a bill of amendments to the Aliens Act, which involves the plan to set up a digital nomad visa, informed LETA/BNS.

16.01.2020

Estonia's Bolt enters into EUR 50 mln funding partnership with EIB

Estonian transportation platform Bolt has entered into a 50 million euro quasi-equity facility agreement with the European Investment Bank (EIB), which Bolt is planning to use to invest into improving and expanding its ride-hailing technology and personalized mobility services, like food delivery, reported LETA/BNS.

16.01.2020

Rocket Software to hire 200 people at new technology center in Vilnius

US information technology firm Rocket Software has opened a new development center in Vilnius with plans to hire more than 200 engineers and programmers in the next 2-3 years, Invest Lithuania said.

15.01.2020

Paper-free flights launched by Regional Jet

The Estonian aviation company Regional Jet OÜ, one of Europe’s largest regional flight operators, began phasing in a project entitled ‘Paper-free Cockpit’ in 2019 with the aim of saving an entire park’s worth of trees in 2020. It has since obtained approval from the Estonian Civil Aviation Administration to utilise digital platforms for all of its flights. The company plans to expand its operations this year by almost a third.

15.01.2020

RSU Students are Working on an Innovative Device to Prevent Strokes

Placing a smart device in a blood vessel to act as a filter that would warn of the risk of stroke is the healthtech idea devised by the Smart Umbrella team formed by students from Rīga Stradiņš University (RSU).

15.01.2020

InnoEnergy launches the PowerUp! Challenge elevating innovative companies to the next level

EIT InnoEnergy, the Pan-European impact fund is chasing the next round of unicorns for investment within the Central-Eastern European region. Boosting the success rate of start-ups and enabling the growth of scale-ups and SMEs through financial investment, and providing know-how from industry experts and support from the trusted partner network.

14.01.2020

Bolt winds up business in Finland

Citing too strict regulations from the state, Bolt has discontinued its business in Finland for the second time in just a few years, according to the Postimees information referre LETA/BNS.

09.01.2020

Estonia: TransferWise launches direct debit option

Starting Thursday, Estonian money transfer company TransferWise is offering the option of international direct debit payments.

08.01.2020

Estonian IT companies protesting bill seeking to amend Public Procurement Act

A bill submitted by Minister of Public Administration Jaak Aab seeking to amend the Public Procurement Act and eliminate all minor procurements from the public procurement register would render the lion's share of tenders completely non-transparent, Estonian IT entrepreneurs said, according to Postimees information writes LETA/BNS.

07.01.2020

Lithuania's Biotechpharma investing EUR 25 mln in Boston

Biotechpharma, a Vilnius-based company controlled by scientist and businessman Vladas Bumelis, has founded a biotechnological pharmaceutical company in the US city of Boston, with around 25 million euros planned to be invested in the project, according to the business daily Verslo Zinios information reported LETA/BNS.

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