RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm to nature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
Solaride is a bunch of progressive pioneers of the future who are building Estonia's first solar car to face the ultimate challenge to prove how successfully students can create innovation.
Neurosalience is a health technology company focused on developing a tool for the early detection of dementia using structural MRI scans. This innovative solution is designed to process even low-resolution imaging data, allowing for improved diagnostic capabilities in identifying dementia at earlier stages. By enhancing the ability to detect this condition, Neurosalience aims to reduce patient-related costs and improve the overall quality of life for individuals affected by dementia. The company's approach provides healthcare providers with a valuable resource for more effective patient management and early intervention.
Parcelsea is a technology firm that focuses on enhancing the e-commerce and last-mile delivery experience through its innovative open network platform. The company has developed secure and contact-free parcel lockers designed to accommodate packages and groceries. These lockers serve a variety of users, including courier companies, grocery stores, and individual customers, enabling them to store and send parcels efficiently and securely without the need for complex integrations. Parcelsea aims to create a user-friendly smart mailbox system that improves the overall parcel delivery process for all stakeholders involved.
RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm to nature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
10Lines is focused on creating autonomous robots that enhance the efficiency of pavement marking, specifically for parking lot layouts. By developing innovative technological solutions, the company aims to improve productivity for striping businesses while minimizing their environmental impact. These robots provide a sustainable method for striping, allowing firms to complete their tasks more quickly and effectively. As a result, striping companies can significantly increase their output without needing to expand their workforce, leading to cost savings and greater operational efficiency.
KrattWorks specializes in the manufacture of military-grade aerial drones designed for electronic warfare resilience and equipped to combat forest and landscape fires. The company emphasizes the production of drones free from Chinese components, enabling local manufacturing in various markets. Utilizing machine learning and artificial intelligence, these drones monitor wildfire areas and stream real-time data to a server via mobile networks. This technology allows rescue teams to make informed decisions and respond effectively before situations escalate, thereby enhancing firefighting efforts and improving safety in affected regions.
Wastefox is a biotechnology company that focuses on converting biowaste into biofertilizers.
UP Catalyst is a manufacturer focused on producing sustainable carbon nanomaterials and graphite for the green energy storage sector. The company utilizes innovative electrolysis methods to convert carbon dioxide into these materials, addressing supply challenges in the graphite market while promoting environmental sustainability. By recycling waste materials, UP Catalyst provides eco-friendly solutions that enable clients to incorporate its nanomaterials into various applications, including battery and supercapacitor technologies, conductive coatings, polymer formulations, and water filtration systems.
Vetik specializes in developing natural algae-based red colorants for the cosmetics industry, focusing on the production of phycoerythrin from red seaweed. This innovative platform offers a healthy and sustainable alternative to synthetic dyes, showcasing colors ranging from dark red to pink. The company emphasizes the skin rejuvenating properties of its products, aiming to provide consumers with safer cosmetic options. Vetik collaborates with biostimulant producers and industrial partners to enhance product development and valorize local red seaweed, contributing to advancements in the biotechnology sector.
Decomer Technology specializes in the development of innovative water-soluble and edible packaging materials. This eco-friendly alternative aims to replace traditional plastic packaging, which often poses environmental hazards. The company's materials are plant-based, dissolve in water, and consist of natural building blocks that are easily compostable. By offering water-soluble and edible containers, Decomer Technology provides clients with sustainable packaging solutions that contribute to reducing plastic waste and promoting a greener future.
Captain Corrosion provides corrosion consultation and corrosion testing services.
Questcity develops software that is interactive and educative route applications for the creation of interactive quests worldwide
We offer a personalised approach to improve patient outcomes and empower ill children to live healthier lives by delivering digital therapeutics through a mobile game. Our aim is to become the global leader in digital therapeutics for pediatric patients. Triumf was named as the TOP digital health company in Europe in 2019 and in TOP20 across all industries in Europe. The company combines game environment and validated psychological theories for children to monitor and support their well-being in a personalized manner by using machine learning. The data from the game is analyzed and gathered to a dashboard for the care team to improve treatment monitoring, medical visit effectiveness and patient-doctor communication. Digital health interventions such as the Triumf game have great potential to act as health improving scalable tools by contributing to the effectiveness, accessibility and personalisation of healthcare delivery. However, digital solutions need to be evaluated using scientific methodology to prove their effectiveness and safety. We completed a multi-site clinical study in 2018 among pediatric cancer patients and showed that Triumf digital health intervention has a positive effect on players emotional state and health related quality of life. We showed that the total acceptability percentage of the game was 86%. Importantly, 100% answered that the game was easy to use and the content and information was useful and trustworthy. Furthermore, 100% would recommend the game to a friend. By comparing pre-study and post-study mean scores of mental wellbeing and quality of life, we found improvements in mental health and health related quality of life. We have proven that play is the way to healthier life. The research is now published in the digital journal JMIR. Randomised control trials amongst pediatric diabetes patients and children undergoing surgery are currently ongoing in Singapore, Estonia and Finland. Triumf mobile health game is available for Android operating system and it features paths for kids with 1. cancer; 2. diabetes; 3. asthma 4.weight problems 5.surgery. It is available in English, Russian, Finnish and Estonian languages (Spanish in pipeline).
HackMotion is a company that specializes in wearable motion capture technology for sports, specifically focusing on golf. Its innovative wrist sensor is designed to help players learn proper wrist mechanics, which can enhance their ball flight and overall performance. By providing real-time measurements of the wearer's movements, HackMotion enables golfers to assess their posture and techniques accurately. The data collected allows for immediate feedback after each swing, facilitating a more efficient learning process and helping players improve their skills over time.
Gelatex is a materials technology company based in Estonia, founded in 2016 and incorporated in the UK in 2019. The company has developed a patented technology for producing bio-based nanofibers efficiently and cost-effectively, making it possible to produce these materials at a scale that is significantly faster and cheaper than traditional methods. Gelatex's production process utilizes gelatin derived from low-value waste in the meat and leather industries, ensuring that its products are made from natural and non-toxic substances, which promotes sustainability in the textile sector. Initially focused on creating eco-friendly leather-like textiles, the company pivoted during the COVID-19 pandemic to explore a broader range of applications for its nanofibers, including 3D scaffolds for tissue engineering, cultured meat, bio-based filters, energy storage, and wound care.
Tark Energia is a company that specializes in the development of smart radiators aimed at helping consumers reduce their electricity costs. These innovative radiators utilize heat energy generated from servers to provide efficient heating for homes. By leveraging this technology, Tark Energia offers a solution that not only enhances energy efficiency but also contributes to lowering power bills for users.
Creatomus is an online application in 3D that allows the end user to customise their future home, while keeping them updated about the performance indication and the cost of building.
Smart Load Solutions offers an optimization service for electricity consumers and producers. Its open API cloud platform reduces electricity bills by optimizing and shifting load according to day-ahead prices.
Genosity is a health technology company that specializes in the development of gene testing machines. These devices are designed to allow users to study their genetic information through a simple mouth swab. By providing an affordable option for genetic testing, Genosity enables individuals to identify potential genetic-related issues and gain valuable insights into their genetic makeup. This innovative approach aims to enhance accessibility to genetic testing and improve understanding of genetic health risks.
Saunum is a company which develops technology that distributes the hot and the cold air in a sauna evenly.
Full Profile is a provider of a web-based customer profiling service designed to deliver affordable and efficient custom research for marketers. By leveraging the digital footprints left by customers across various platforms such as websites, forums, and social networks, Full Profile enables marketers to create comprehensive profiles of their target audience. This service aims to streamline customer research, making it accessible and cost-effective for marketing professionals seeking to enhance their understanding of consumer behavior.
Hepta Airborne brings accurate airborne inspection to power grid operators while saving time, costs, and the environment. They have built 6-hour flight time drones that work in synergy with our autonomous data processing platforms and sensors. They work with satellites, helicopters, sensors, and software. It's not about drones, it's about big data and collecting and analysing the data as efficiently as possible.
Non Equity Assistance in 2016
Shipitwise Ltd., founded in 2015 and headquartered in Tallinn, Estonia, offers a web-based international shipping platform that provides quotation, pickup, and insurance services. The company specializes in creating a Software as a Service (SaaS) solution for transportation companies, enabling the digitalization and connection of logistics service providers with their business customers. Shipitwise's automated logistics platform caters to travelers by allowing them to book shipping for sports equipment and personal belongings globally. This comprehensive service is designed for travel agencies, companies, and logistics businesses, facilitating a streamlined online shipping experience.
Themo is a cleantech company specializing in smart thermostat solutions that leverage Internet of Things (IoT) technology to help clients reduce energy consumption and the carbon footprint associated with electric heating. By utilizing a cloud-based electricity management platform, Themo optimizes electricity use through virtual power pool tools, allowing users to manage and adjust their energy consumption and production effectively. The company's innovative approach aims to lower heating costs while promoting sustainable energy practices.
Bikeep is a company that specializes in providing locking and charging stations for e-bikes and e-scooters, as well as high-quality bike parking solutions. Founded in 2013 and headquartered in San Francisco, California, Bikeep manufactures commercial bike racks, bike shelters, and bicycle lockers designed to enhance bike accessibility in various environments. Their bike racks can be accessed through a mobile application or an access card, allowing businesses and public areas to restrict usage to specific individuals, such as employees or students. This functionality not only secures the bikes but also promotes a more bike-friendly atmosphere, attracting more cyclists to the location. Additionally, Bikeep's stations facilitate e-bike charging and offer options for bike rentals, further supporting urban mobility initiatives.
Shaperize is a 3D printing company based in Tallinn, Estonia, specializing in a comprehensive range of services including 3D scanning, 3D printing, and 3D modeling. The company caters to customer needs by offering tailored solutions and also sells 3D printers, 3D pens, and various filaments. With a focus on customization, Shaperize aims to provide clients with all necessary resources and services related to 3D printing, ensuring a seamless experience for their projects.
SprayPrinter is a device that delivers designs and images from smartphone to any wall. SprayPrinter is a new technology that converts beautiful designs into wall art.
Sympower is a developer of sustainable energy solutions aimed at addressing fluctuations in electricity supply and demand. The company partners with industry leaders to enhance grid stability and advance the transition to a net-zero future. By utilizing advanced and automated flexibility capabilities, Sympower's non-intrusive software allows customers to temporarily adjust the power of their systems, machines, and processes when the grid is out of balance. This technology aggregates electrical appliances and integrates with smart systems to optimize energy usage, enabling customers to shift consumption to more cost-effective times and provide real-time balancing of electricity. Through these innovations, Sympower enhances the value of energy assets while facilitating a fully renewable energy grid.
Feelingstream LEADstream platform is an AI solution that analyses and provides an overview of large volumes of customer interactions across multiple communication channels (calls, chat/voicebot, emails, NPS). The platform delivers real-time customer insight relevant for various functions across an organization - c-level, business/product development, customer service quality, sales, and analytics. Feelingstream helps users locate critical business opportunities that ultimately help businesses become more efficient, boost revenue and keep customers satisfied. Our vision is to spread the use of AI for creating a data-driven decision-making culture in large organisations with a large volume of customer interactions. This is because what we see today is how businesses make decisions based on limited insight into their customers. Analysing customer interaction with Feelingstream LEADstream platform, however, provides both the overview and deep insight needed to help managers make decisions based on real data, measurable facts and real issues which come up in everyday conversations with customers. Feelingstream OÜ was established in Estonia in 2015.
GlobalReader is a developer of monitoring software focused on enhancing production line performance. The company's solution integrates data collection from production processes to provide insights into discrepancies between actual performance and planned output. This software analyzes manufacturing efficiency losses and facilitates the creation of improvement plans, enabling clients to respond swiftly to machine issues and enhance overall production efficiency. Additionally, GlobalReader offers a versatile platform that monitors both production lines and environmental conditions, helping businesses optimize workflows and maintain a comprehensive overview of their operations.
Cubehub operates a crowdsourced network designed to address significant challenges in satellite operations, particularly limited communication time and the high costs associated with ground stations. By utilizing a network of fully integrated and automatic ground stations equipped with specialized antennas, Cubehub enhances satellite communication capabilities. In polar orbits, satellites typically experience a communication window of only about 10 minutes every 1.5 hours, followed by a lengthy 10-hour break during the night. By expanding the network to include multiple ground stations across different geographical locations, Cubehub can effectively double the volume of data downloaded from satellites. This innovative approach not only improves operational efficiency but also enables real-time satellite operations on a global scale, benefiting clients across various industries.
Sensation is a company that specializes in developing innovative camera hardware products aimed at enhancing focus accuracy in complex scenes. Their flagship focus assist device captures real-time depth information of a scene to maintain clarity and keep the picture in focus, addressing challenges that surpass normal human focus-pulling capabilities. By combining hardware and software expertise, Sensition enables clients to improve their photographic outcomes, particularly in situations where precise focus is critical.
EdFox - develop digital learning experiences that will help the educational system.
Foxcademy is a developer of an interactive digital studying platform aimed at enhancing the educational experience for middle and high school students. The company offers a marketplace of interactive science books, supplemented by a comprehensive education program that includes engaging training materials, analytics, and management tools. These resources are designed to align with national education standards, allowing students to explore new theories, reinforce concepts through practice exercises, and assess their understanding with tests. By focusing on interactivity and engagement, Foxcademy strives to create a more effective learning environment for students.
ULTRINIA specializes in the development of biomimetic biomaterials, focusing on the creation of unique scaffolds that bridge the gap between two-dimensional and three-dimensional systems. These scaffolds are designed to enhance the specificity of drug carriers and contrast agents, thereby improving the efficacy of medical devices. The company provides advanced scaffolds for in vitro cell and pharmacology research, with a particular emphasis on applications involving stem cells and cancer cells. By enabling researchers to improve drug delivery precision and advance regenerative medicine, ULTRINIA aims to contribute to better patient outcomes in the medical field.
Smart Load Solutions offers an optimization service for electricity consumers and producers. Its open API cloud platform reduces electricity bills by optimizing and shifting load according to day-ahead prices.
Wise Velocity assists in gaining control of the expense of car ownership at any time and in any place. They employ a patented modular hardware solution that connects to vehicles or bikes, plus a cloud platform that records and analyses driving data and, as part of the agreement, shares this data on several levels.
BlindSense targets blind people along with educational institutes and blind organizations to enhance the blind people’ life in different fields. BlindSense product is a combination of hardware and software. The device consists of a touch head along with one refreshable Braille unit, the blind user can use this device to point into anything over smartphones and tablets so the information will be shown in Braille with voice feedback as an option. The device can be used as a Braille keyboard for writing in an innovative way. The software side is a background service that converts the operating system to be perfectly accessible from the BlindSense device. The integration between both sides brings a unique and easy experience to the blind people. BlindSense provides a software subscription also for educational institutes to allow blind students to access educational materials in Braille with an easy way.
Heelosophy is a fashion technology company based in Tartu, Tartumaa, specializing in mass customization for footwear. Founded in 2014, the company develops smart shoe inserts using advanced sensors and automated 3D modeling techniques. These personalized inserts are designed to enhance comfort and support, particularly for individuals who wear high heels, by measuring walking patterns and providing individually molded solutions. Heelosophy's products can be seamlessly integrated into various types of footwear, including casual, evening, and formal shoes, helping users reduce discomfort and walk with improved balance and confidence.
Organic Filter offers R.O. system units and components, including valves, filters, flow restrictors, housings, and various quick-connect fittings, which are designed and manufactured by companies that specialize in this field. Their quality control process begins with the selection of materials, followed by a component inspection, assembly quality control, and testing of the final product.
Antelope Surgical unites a team of skilled programmers, software architects and designers that closely co-operate with surgeons and doctors to create high-end medical software. That knowledge is combined with experienced surgeons from the field of oral-maxillofacial surgery, dental surgery and otolaryngology (ENT). Cooperation with surgeons has allowed them to create the image-guided surgery device that surgeons want to use. The user interface has been carefully designed to fit the surgeons' workflow and provide for the functionality that the surgeons are looking for. Crisp design and minimalistic approach make Antelope Surgical Navigation device the next-step in easy to use and versatile image-guided surgery.
Rikai Games was a small game development studio that created “Bit by Bit - programming game” to teach programming logic to kids
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.
HIGH MOBILITY is an open, API-first car data company focused on creating a leading environment for new mobility services. The company partners with major automotive brands, including Porsche and Mercedes-Benz, to facilitate the development and launch of data-driven mobility solutions. Its innovative platform combines privacy-focused connected car APIs with official support from manufacturers, providing an intuitive user interface. Through a single API, HIGH MOBILITY enables access to vehicle data from various models, including BMW and MINI, and offers dedicated developer workspaces and vehicle emulators for testing applications. This infrastructure supports the development of applications relevant to the automotive industry, including services for third-party insurance, electric vehicle charging, and fleet management.
Fabulonia is a 3D printing marketplace where original design rights holder can operate and offer customization and sales of 3D originals. The system also allows different levels of copyright protection, including free unlimited distribution or paid licenses. It also offers marketplace hosting, but hosting can also be done via private cloud space. Anton Vedeshin and Kimmo Isbjornssund co-founded the company in 2012 in Tallinn, Harjuma.
Flydog Marine specializes in the development of monitoring products that facilitate real-time contact measurements of the marine environment. The company designs and constructs fully customizable data buoys, vertical profiler buoys, and submersed profilers, which can accommodate a wide range of sensors. These innovative solutions serve various industries, including oceanic, oil, and gas sectors, allowing them to efficiently collect and analyze critical environmental data. Additionally, Flydog Marine has successfully executed numerous interdisciplinary projects encompassing mechanics, industrial design, electronics, human-machine interfaces, engineering, and prototyping.
Shaka Wind Meter plugs into an iPhone, iPod touch, or iPad’s headphone socket, and via an accompanying app records and displays wind-specific weather data such as current & average wind speed, maximum wind gust, ambient temperature, and wind direction.
Qminder is pioneering Service Flow Management in the healthcare, retail, and government sectors. Addressing the challenge of in-person service organization and measurement, Qminder SaaS excels in managing waiting lines, evaluating employee performance, and offering data-driven Service Intelligence
Comodule is a revolutionary platform designed for light electric vehicles. It relieves range anxiety by monitoring battery parameters and displaying the information on the user's smartphone and wearables. The intuitive application allows the user to make routings while sending usage data to the OEM. The OEM can collect data for better development decision and has direct marketing access to all users. Comodule strives to become the andoird of electric vehicles by bringing the technology of premium electric cars to light electric vehicles.