News not to be missed

Practica Capital, together with Earlybird Venture Capital, Inovo.vc, and a group of angels, has provided a record-breaking USD 17 million seed round in the Baltics for sintra.ai. sintra.ai is a fast-growing platform already helping over 40 thousand small businesses in..

Polish VC fund Balnord and Lithuania-based Coinvest Capital have contributed to a EUR 2.8 million seed round in Astrolight to support its mission of developing an end-to-end laser communication system. Astrolight, previously selected for NATO’s DIANA program and ranked among..

CREDITREFORM LATVIJA SIA has completed its multi-stage reorganisation by transferring its credit information operations to Crefo Rating SIA (now CREDITREFORM Rating SIA). Additionally, its sister company B2Kapital SIA has been merged into CREDITREFORM LATVIJA SIA. Therefore, the debt recovery and..

Real estate developer and manager Linstow Baltic has selected Snabb as the new parking operator for all its properties in Riga.   Snabb’s expansion into Riga will introduce major innovations. License plate recognition cameras will replace traditional ticket terminals, and contactless..

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..

Mehiläinen, Finland’s largest provider of social and healthcare services, has acquired the Lithuanian private medical services network, InMedica Group. The sale was agreed upon by the private equity fund INVL Baltic Sea Growth Fund, the healthcare services and pharmaceutical manufacturing..

Multitude Bank will invest EUR 14 million in loans for small and medium-sized agricultural businesses to support their transition to sustainable farming practices. The investment will be made through a debt-asset securitization deal. This investment, secured by a guarantee of..

Decathlon, a global leader in multi-brand sports retail, has signed a lease agreement with Spice Home shopping center to open a new 3,000 square meter store. The store is set to open in mid-2025 and will become one of the..