Dec 22, 2023 | Sunny Business
If there is one thing that Estonia has a lot of, it’s wood. Over half of the country is forested, and timber is a key export. Forestry and wood industry leftovers are often underutilised, though, and one firm, Fibenol, is turning such secondary quality resources into...
Dec 20, 2023 | Sunny Business
In an era where plastic’s environmental toll is increasingly scrutinised, a bold Estonian startup, Woola, is introducing green packaging from wool. Led by Anna-Liisa Palatu, the company just raised additional €2.5M. Woola is using sheep wool to create a sustainable...
Dec 19, 2023 | Sunny Business
Estonian RegTech scale-up Salv has raised €4 million in a seed extension round. Founded by former Wise and Skype employees and led by Taavi Tamkivi (CEO), Jeff McClelland (COO), and Sergei Rumjantsev (CTO). Salv leverages its network’s collective power to reduce...
Dec 18, 2023 | Sunny Business
Estonian GreenTech star Arbonics has secured a new €5.5M seed round, led by NordicNinja, Plural, and Tilia Impact Ventures. In total, the company has already raised over €7.3M of funding on their mission to build a new forest economy. “With this recent funding we’re...
Dec 15, 2023 | Sunny Business
A new trendsetter in Estonian food culture came into the spotlight at this year’s Michelin awards. Under the leadership of Daanius Aas, Restaurant SOO was included in the White Guide and Michelin Select and awarded the Michelin Green Star. Daanius Aas became the...