Estonian ecosystem impresses again: $6.25 million raised by startup Testlio
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     Last week a Tallinn-based startup, known as Testlio, shared great news about their Series A investment round equal to $6.25 million! Vertex Ventures and Altos Ventures from California are leading this amazing deal.      Founded in 2012 by Kristel Viidik and Marko Kruustük, Testlio unites an international group of experienced QA professionals who work together on software testing. The interesting fact is Testlio is an already profitable company with a 500% growth rate, so the Series A might be not as essential as it usually is for most startup companies. According to Testilo’s CEO Kristel Viidik, the…

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Student Startup Camp Tartu 2016
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The Estonian Student Startup Camp organizes a great event for students wishing to acquire useful hands-on experience in the field of entrepreneurship and learn how to turn their ideas into real startups from experienced mentors and startuppers. Students will have a chance to pitch their ideas and then work on prototypes in teams. This one-week course is targeted at students from Estonia, Latvia and other countries, with various study backgrounds (though IT and engineering are priorities). There are also some travel grants provided. The application deadline is 15 January 2016.

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TransferWise: from frustration to the competitive money transfer service
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       TransferWise is one of those startups, whose idea was totally based on founders’ personal experience, which is great since the product solves the problem that many other people might be faced with. A project with Estonian roots, now headquartered in London, has been repeatedly noticed by experts and marked by famous media: a ‘Wired UK’ startup of the week, No. 12 in Startups.co.uk list of 100 best startups in 2012, No. 8 in CNBC Disruptor 50 list in 2015 and many more. The founders were exceptionally honored too: in 2015 Taavet Hinrikus and Kristo Käärmann got the…

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sTARTUp 2015 Biotech
sTARTUp 2015 Biotech

Here all the local entrepreneurs in medicine and biotechnology meet. Organizers expect students and young entrepreneurs to actively participate in pitching innovative ideas, presenting their biotech startups and contest for the main prize. A number of informative speeches will be delivered by outstanding professionals. Do not miss up on the opportunity to find out more about the startup potential in biotech field.

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Launchpad USA workshop in Tallinn
Launchpad USA workshop in Tallinn

For all the entrepreneurs and companies’ representatives interested in expanding their business to the States American Chamber of Commerce in Estonia organizes an exciting workshop where the real cases of successful cooperation will be presented. Launchpad service will also provide all the practical information you need and offer individual help in building a business formula to the enterprise of any size and involved in any business field.

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Revealing the real startup potential in CEE region: everybody’s in!
CEE Startup ecosystem

Every year we are glad to hear that some of the Eastern European startup projects become well-known far away abroad get international funding and even become new breakthroughs in various fields. Thus, many users are often surprised to learn that Skype originally comes from such a small European country as Estonia, or that one of the main Viber creators comes from Belarus, or that now becoming popular beacons got their first success in Poland. So what is the real potential of startup ecosystems in the countries of Central and Eastern Europe? And what should we do in order to stimulate…

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