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Success Stories

Successful examples about how it went so well.

EcoFlow RIVER 2 Series Becomes the First TÜV Rheinland-Certified Portable Power Station Series

EcoFlow, an environmentally friendly energy solutions company, today announced that the RIVER 2 series is officially available for purchase in Europe on EcoFlow online stores and Amazon. In the meantime, RIVER 2 series has received TÜV Rheinland's "Reliable Charger" certification, becoming the first in the portable power industry to be certified by the global leader in independent testing, inspection and certification services.

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Startup builders from Estonia's unicorns Pipedrive, Bolt, Veriff, Wise have joined BADideas.fund

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.

The idea of naming the fund BADideas comes from Paul Graham's – the founder of the world's top startup accelerator Y Combinator – quote: "All unicorns seemed like bad ideas initially”. 

Dr. Mart Noorma will take up his duties as the new Director of CCDCOE

Today was held a change of command ceremony where CCDCOE previous Director BG Jaak Tarien gave over his duties to the new Director Dr Mart Noorma.

Noorma, a PhD in Science in Technology, will begin her three-year term today. He has been actively engaged in NATO, EU, and international cooperation on innovation and novel technology development. He has been a member of the NATO Advisory Group on Emerging and Disruptive Technologies, the NATO STO Applied Vehicle Technology Panel, the EEAS Space Advisory Board, and the IEEE Autonomous Weapon Systems Expert Advisory Committee. Mart Noorma is a voluntary member of the Estonian Defence League.

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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.

Mart Suurkask, CEO of Bercman Technologies: “The two companies share common goals to make the world a better place through technology. Bercman develops intelligent traffic solutions, Krakul develops IoT and autonomous systems. The merger of the companies would create synergies that would allow us to jointly develop and market new services in the field of autonomous vehicles and intelligent traffic solutions.” 

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VIDEO: Swedish company Jetson created fast personal electric aircraft what looks like podracer

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.

And it´s cool. It looks exactly like a "Star Wars" podracer.

See more from video:

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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.

The Robot is based on Boston Dynamic’s quadruped robot, Spot, with applied artificial intelligence (AI), autonomous navigation, teleoperation technologies, and computing payload (AI Processing Service Unit) developed by the Group’s Robotics Lab for the Robot’s usage in various industrial tasks.

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Skeleton Technologies: a business model that creates a unicorn

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.

Longenesis from Latvia wins Fifty Founders Battle pitch competition at TechChill 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.

Longenesis is a B2B startup offering a platform to biomedical organizations to reduce the length of clinical trials. This is done through enabling direct communication for safe data curation and compliant, consent-enabled biomedical data utilization for research. 

Nokia selected by NASA to build first ever cellular network on the Moon

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.

Nokia Bell Labs’ pioneering innovations will be used to build and deploy the first ultra-compact, low-power, space-hardened, end-to-end LTE solution on the lunar surface in late 2022. Nokia is partnering with Intuitive Machines for this mission to integrate this groundbreaking network into their lunar lander and deliver it to the lunar surface. The network will self-configure upon deployment and establish the first LTE communications system on the Moon.  

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