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Latvian technology company Aerones raises $62M

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Latvian company Aerones , a provider of robots for wind turbine maintenance and diagnostics, has raised $62M in investment. The round was led by venture funds Activate Capital and S2G , with participation from Carbon Equity and Overlap Holdings . Aerones' existing investors also participated in the investment round.
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Telecommunications company Telia Eesti buys IT company Iglu

Telia Eesti has bought Estonian IT company Iglu , with which it has cooperated in developing several mobile solutions, including the Mobile-ID service. Now, in addition to telecommunications, IT and cybersecurity services, Telia will now be able to offer software development capabilities to customers through Iglu.
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Latvian technology startup Exonicus raises €85K from LatBAN

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Exonicus , a Latvian company developing augmented reality trauma training for defense and emergency medical services, has raised an investment of €85K from the Latvian Business Angels Network ( LatBAN ). This is LatBAN's first investment in a dual-use company.
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Co-founder of Estonian defense startup SensusQ Marko Kaseleht becomes senior vice president of Nortal

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Marko Kaseleht, co-founder and former head of Estonian defense startup SensusQ , has joined digital transformation company Nortal . At Nortal, he will serve as senior vice president of defense, while at SensusQ he will remain only as a shareholder and member of the supervisory board.
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Lithuanian biotech startup Genomika joins €5.2M DiDAX project

Lithuanian company Genomika has joined the DiDAX project, an international research consortium developing practical DNA-based data storage systems, with €600K for a total project budget of €5.2M.
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Estonian travel startup Crewpoint closes funding round

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Estonian travel AI service Crewpoint has announced the closing of its first round of funding led by Finnish venture capital fund Icebreaker.vc . As part of the investment, Aleksi Partanen, general partner of Icebreaker.vc, will join Crewpoint's board of directors. 
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Latvian fintech startup POSfinance raises €140K from LatBAN

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Fintech startup POSfinance has raised €140K in an expanded pre-investment round from Latvian business angel network LatBAN .
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