Estonian start-up stories by Toivo Tänavsuu
Estonian state-funded VC, Estonian Development Fund promises to double its investments portfolio by the end of 2010. Ten new investments into technology companies are currently in pipeline, with total amount of money to be invested reaching over 50 million EEKs (3,2 million EUR). Estonian Development Fund was established few years ago. Benchmarking the Finnish SITRA model [...]
In: Companies
17 Jul 2009Estonian start-up Goliath Wind develops energy-efficient wind turbines and claims its technology has been spotted by curious eyes of Chinese buyers. Goliath offers a low cost solution for high power wind turbines. The technology originates from Durham University, Great Britain. 50% off According to a general rule 1MW wind energy production capacity needs an investment of 1 [...]