Ambient Sound Investments
Ambient Sound Investments OÜ, established in 2003 in Tallinn, Estonia, is a family office specializing in direct and fund of fund investments. It focuses on private equity and venture capital, investing in technology and technology-based service companies across the United States, Asia, and Europe. The firm prefers minority stakes, typically investing between €0.5 million to €2 million, and aims to have a Partner or Advisor on the boards of its portfolio companies. Ambient Sound Investments also engages in co-investments and public equity investments, using personal capital and balance sheet investments. Initially founded by Skype engineers to hold a minority stake in Skype, the firm sold its shares to eBay in 2005 and now operates as a private investment vehicle.
Ampler Bikes
Venture Round in 2021
Ampler Bikes OÜ, founded in 2014 and headquartered in Tallinn, Estonia, specializes in manufacturing and marketing lightweight electric bikes aimed at urban cyclists. The company offers several models, including the Curt, Stout, and Stellar, each available in different frame sizes. Emphasizing simplicity and functionality, Ampler Bikes designs its products without heavy batteries or bulky screens, focusing on a streamlined experience that enhances the joy of cycling. Additionally, the company operates a flagship store in Berlin, Germany, further solidifying its presence in the electric bike market.
Guardtime
Series A in 2010
Guardtime is a network security company based in Tallinn, Estonia, founded in 2007 by Mike Gault. It specializes in validating the integrity of data, networks, systems, and processes through its proprietary technology. The company develops a full-stack industrial blockchain platform that supports zero-trust enterprise applications. Its keyless signature infrastructure and KSIBlockchain ensure the integrity of systems and data at an industrial scale, allowing database owners to provide independent verification of database records and maintain backups with audit logs. Guardtime aims to form partnerships across various industries to enhance its product offerings and facilitate market entry.
Progeniq specializes in the development of hardware accelerators designed to enhance the performance of computationally intensive applications, achieving speeds up to five times faster than standard multi-core CPUs. The company offers small, low-power accelerator cards that can be easily integrated into existing server infrastructures, consuming only 25 watts each. This innovation provides substantial advantages in terms of performance per watt and cost-effectiveness compared to expanding server farms with additional conventional servers. Progeniq's RenderBoost product line specifically targets the visual effects and animation sectors, significantly reducing rendering times from hours to minutes. The company collaborates with leading rendering software providers and is supported by several investment funds, including those based in Singapore and Estonia. Progeniq is headquartered in Singapore.
Markit is a B2B platform that streamlines the procurement of IT products for corporate buyers, serving over 9,500 companies in 35 countries, including a significant portion of the Global Forbes 2000 and Fortune 500. Founded in Estonia in 2003, Markit offers a comprehensive catalogue of approximately 3.4 million IT products sourced from around 325 leading distributors. The platform enables clients to compare prices and delivery times in real time, facilitating local deliveries with local invoicing in relevant currencies. In 2019, clients achieved an average savings of 12.5% compared to market prices and benefited from reduced purchasing process times. Markit enhances transparency in spending and provides options for supplier and invoice consolidation, supported by dedicated client service in local languages. The platform simplifies contract management, potentially allowing clients to reduce their IT supplier count. With a turnover of 111.9 million euros in 2019, Markit is committed to making IT purchasing efficient and cost-effective for businesses.
Evikon MCI
Venture Round in 2006
Evikon MCI is a company based in Tartu, Estonia, that specializes in the design, manufacture, and marketing of sensor-based electronic measurement instruments for industrial automation. Established in 1991, the company focuses on creating products that facilitate the measurement and detection of essential process and environmental variables, including temperature, pressure, level, humidity, and toxic or explosive gases. With a commitment to advancing its offerings, Evikon MCI aims to secure a leading position in the instrumentation market within the Baltic region.
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