Founders and startup builders led BADideas.fund started operations just five months ago, but the Riga based syndicate already has invested in five startups in Estonia, Latvia, Lithuania and Ukraine, investing a total €500k.
What started as a couple of dozen startup builders coming together to invest in the most promising Baltic and CEE startups has grown into a community of more than 100 members from 14 countries.
Bercman Technologies wants to buy Estonian IoT company Krakul, which has become famous for its moon cameras
Bercman Technologies, a Nasdaq First North listed deep-tech company developing traffic safety solutions, intends to acquire Krakul, Estonia’s leading IoT and autonomous systems development company. The acquisition of Krakul is part of Bercman’s strategic goal to expand its engineering and software team into developing intelligent transportation systems.
Podracer is a vehicle from Star Wars film The Phantom Menace. It moves fast near the surface and have a high maneuverability. This is exactly what Jetson´s electric aircraft looks.
Jetson´s weight is 86 kg and it can carry up to 95 kg passenger. It fliews 20 minutes with 85 kg pilot weight. Top speed is 102 km/h, but it is software limited, not the actual limit of engines.
It is all ready fligfht machine and can be purchased for 85 000 euros. Yes, far more than mid-class vehicle. But at 100 km/h, you can reach any corner of city in 20 minutes.
Volta Trucks partners with Sibros to deliver fully connected vehicle systems to electric commercial vehicle fleets
Volta Trucks, a leading and disruptive full-electric commercial vehicle manufacturer and services provider, has announced that Sibros, a pioneer of deep Over-the-Air (OTA) connected vehicle systems, will provide Sibros’ connected software-based solutions for the Volta Zero - the world's first purpose-built full-electric 16-tonne commercial vehicle created specifically for city centre freight distribution.
VIDEO: Hyundai Motor Group Launches Factory Safety Service Robot, First Project with Boston Dynamics
Hyundai Motor Group (the Group) introduced ‘Factory Safety Service Robot (hereafter referred to as the Robot)’, a robot for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea. The Group has also released a video of the Robot on its YouTube channel.
With a population of only 1.3 million, Estonia is at the forefront globally in terms of unicorns. One of those promising future unicorns is Skeleton Technologies, which has maximised its business model and niche value, and rapidly accelerated its growth in a competitive market. The company announced a funding round of EUR 41.3 million in November 2020, and another round of EUR 51 million in 2021.
Longensis, a startup based in Latvia and Hong Hong, has taken home the main prize at TechChill – 10,000 EUR, no strings attached. Gelatex and VREACH divide 250,000 EUR in angel investment from the pan-Baltic syndicate. The leading Baltic tech and startup event brought together over 1,700 attendees from over 600 different organizations from 29 countries, with 178 speakers taking the virtual stage.
Nokia has announced further details after being named by NASA as a partner to advance “Tipping Point” technologies for the Moon, deploying the first LTE/4G communications system in space and helping pave the way towards sustainable human presence on the lunar surface.
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