18 September 2025·2 min read
Lisa Palchynska
Editor-in-Chief, Vestbee
Outlast Fund closes €21M debut fund to back early-stage startups across the Baltics and Nordics
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Oct 23Estonian AI energy firm MarkeDroid secures €300k to grow virtual power plant solutionsOct 23US-Ukrainian firm Vermeer raises $10M to power GPS-Free drone technologyOct 23Oslo-based startup Riff secures $16M Series A led by NorthzoneOct 23Swiss energytech Exnaton secures Series A funding to expand across EuropeOct 23CEE SaaS Index — Q3 2025 updateExplore more
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The fund’s LPs include the European Investment Fund (EIF) and CDP Venture Capital Sgr.
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Estonian AI energy firm MarkeDroid secures €300k to grow virtual power plant solutions
The €300,000 bridge funding round was led by the Estonian Business Angels Network (EstBAN).
US-Ukrainian firm Vermeer raises $10M to power GPS-Free drone technology
The Series A was led by Draper Associates, with support from Rockaway Ventures.
Oslo-based startup Riff secures $16M Series A led by Northzone
The Series A round was led by Northzone, with participation from existing investors Skyfall Ventures and Maki.vc.