APRIL 2022

 
 
 
 
 
 

Time to wrap up the busy April for the PE/VC community. It has been overwhelming to see the huge hearts behind various initiatives the investor community is leading by organising help to Ukraine spanning from cars, drones, and medical essentials to everything the frontline is in need for. Thank you for helping to be stronger together!

 

April saw an impressive number of record size deals, fundraising news, and lots of activity on the events side.

 

We really hope to see many of you at our Annual General Meeting 2022 on 11 May at Palo Alto Club in Telliskivi. And with Latitude59 approaching, we’re looking forward to greeting the local and international tech community at the grande anniversary event. Not to mention the launch of the Baltic 2021 market data on 17 May and Investor Camp in Vilnius on 25 May.

 

With best wishes, 
EstVCA team

 

 
 
 
 
 
FUNDS
 
 
 

BPM Mezzanine Fund II held the first close to invest in mezzanine debt in the Baltic and Polish growth companies

 

BPM has reached the first close of its second investment fund, BPM Mezzanine Fund II with the first close commitments close to €60m. The target size of BPM Mezzanine Fund II is €70m.

 

>> Read more here

 
 
 
 
 
UPCOMING EVENTS
 
 

EstVCA Annual General Meeting 2022

11 May I 15.00 - 17.00

Palo Alto Club (Telliskivi 57)

 
 
 
 

TIME & PLACE:

Our 2022 Annual General Meeting takes place on 11 May 2022 from 15.00 – 17.00 at the fabulous Palo Alto Club (Telliskivi 57), operated by our member Superangel. 

 

AGENDA:

The event will take us on a brief journey to key achievements in 2021, plans for 2022, approval of the 2021 annual report, 2022 budget, new membership fees, and election of a new board member. The event also features the exclusive launch of EstVCA members’ 2021 data.

 

GUEST SPEAKER:

We’re extremely glad to also welcome a guest speaker at our event – STEN TAMKIVI, who has promised to guide us through the maze of Web3/NFT/DAO at a cozy fireside chat.

 

JOIN IN:

We really hope you’ll be able to join IN PERSON. We do plan to enable also online participation, but highly recommend and wish you take the time to come to Palo Alto Club.

 
 
 
 
 
 
 
 

Baltic PE/VC Market 2021 Report Launch webinar

  • 17 May at 15.00

 

Further info coming soon

 
 
 
 
 
 
 
 

Latitude59 2022

  • 18 May - Investor Day

  • 19-20 May - Latitude59 main event

The landmark event celebrates its 10th anniversary with three days packed with most inspiring speakers, topics, networking and side events. This year the event is dedicated to purpose and inclusion.

 

✅ USE OUR SPECIAL CODE: code ESTVCA10xL59 will give you 10% discount of the investor pass.

 

>> Read more and join in

 
 
 
 
 
 
 
 

Investor Camp 2022

  • 25 May I Vilnius

We are very excited to invite you to the Investor Camp on 25 May 2022 in Vilnius!

 

Investor Camp is the event for business angels and VCs to learn, discuss, connect, network and get to know each other. The event takes place a day before Startup Fair 2022 - the largest annual startup event in Lithuania. Let's meet the most relevant people investing in startups in the region, and learn more about the booming startup scene.
 

The event is organized by LitBAN, LT VCA, and Startup Lithuania, as well as co-hosted by EstBAN, LatBAN, EstVCA. Special ticket rates for BAN and VCA members apply! 

 

>> Grab your ticket HERE

 
 
 
 
 
 
 
 

Grow Up Hackathon

  • 7-14 May 2022

Here's a shoutout to all founders, time to join a GrowUp Hackathon for Early-stage founders, it is your opportunity to gain access to 10+ expert mentors, and a week of hands-on workshops to accelerate your product growth.

 

Three last spots open.

 

>> Read more: https://www.growup.kofounder.ee

 

 
 
 
 
 
EVENT RECAP
 
 

Baltic M&A and Private Equity Forum 2022

Held on 7 April 2022 I Tallinn

 
 
 
 

On April 7 the Baltic PE and M&A community gathered at the Baltic M&A and Private Equity Forum 2022: Putting capital to good use, organised by the Law Office Sorainen and business newspaper Äripäev in cooperation with ESTVCA, Dienas Bizness, Verslo Žinios.  

  • RECORDINGS of all panels and presentations will remain available until 7 May 2022 at the conference online platform balticma.worksup.com 
     
  • AWARDS & WINNERS: the most outstanding transactions carried out in the Baltics during the period 1 January 2021 – 31 March 2022 were awarded at the evet. The award winners are Livonia selling Santa Monica Networks and acquiring CSUB, Wise’s debut on London Stock Exchange, Bolt’s impressive fundraising rounds as well as Fortum’s sale of its Baltic business. Read more on the awards HERE.
 
 
 
 
 
DEALS

Our members'
investments

April 2022

 
 

INVESTMENT:  Change Ventures - Aerones

 
 
 

Change Ventures co-leads in the $9m seed funding round of its portfolio company Aerones

Read more
 
 
 
 
 

INVESTMENT:  Change Ventures / Equity United - Eurora

 
 
 

Change Ventures and Equity United participate in the $40M Series A funding round of their portfolio company Eurora

Read more
 
 
 
 
 

INVESTMENT: Superangel / United Angels VC - KOOS

 
 
 

Superangel and United Angels VC participate in the €4M seed round investment to KOOS

Read more
 
 
 
 
 

INVESTMENT: BaltCap - solar energy project in Latvia

 
 
 

BaltCap invests in solar energy generation in Latvia to enhance the energy independence in the Baltics

 

Read more
 
 
 
 
 

INVESTMENT: Superangel / Tera Ventures - Montonio

 
 
 

Superangel and Tera Ventures participate in the €11m Series A-round to Montonio, Index Ventures leads the round

 

Read more
 
 
 
 
 

INVESTMENT: BaltCap - Nord Security

 
 
 

BaltCap invests in Nord Security, a global leader in internet privacy and security solutions

 

Read more
 
 
 
 
 

INVESTMENT: Specialist VC / Iron Wolf Capital / Superangel - Kingdom Technologies

 
 
 

Specialist VC, Iron Wolf Capital and Superangel participate in the £2 million seed round to Glasgow-based Kingdom Technologies

 

Read more
 
 
 
 
 

INVESTMENT: Change Ventures - Kwota

 
 
 

Change Ventures leads the €1.5M pre-seed investment round to Kwota

 

Read more
 
 
 
 
 
 
 
 
 

Header photo credit: 

Jonas Jacobsson/Unsplash

 

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