Estonian technology stories
Last year Estonian venture capital firms joined forces by founding the Estonian Ventur Capital Association (EstVCA). Who are the players on the market today? Here’s a short overview which shows that: the Estonian venture capital market is expanding, VC culture is developing there are several new investors who have transferred from the field of real estate [...]
In: Companies
7 Jan 2010I don’t think it is somehow indecorous to wish other people a Happy New Year after 6th of January. So that’s my wish to You, dear readers of TigerPrises. The blog that I started one and a half year ago has now covered way over 100 Estonian start-ups and tech companies. Last month it had readers from [...]
In: Companies
7 Jan 2010Unbelievable as it might first sound, but there’s actually at least one IT start-up established in Narva – third biggest Estonian city next to Russian border. On the Estonian rapid IT development ride, Narva has clearly stayed at the back seat. In fact, I have written stories about Narva-born hackers, but I am not sure [...]
In: Companies
30 Dec 2009An Estonian company ZEV Motors is striving to develop one of the most efficient electric cars in Europe and to sell at least 50-100 of them in Europe over the next couple of years. The arrival of the so-called “e-cars” is only a matter [...]
The biotechnology company EGeen, which mostly carries out clinical trials in Central and Eastern Europe, has demonstrated stable growth. CEO Kalev Kask (pictured) says in the interview that nowadays pharmaceutical industry has made progress and most illnesses are at least to an extent treatable [...]
I decided to dig more deeper into Estonian biotech research and examined how Estonian R&D companies come together and joined their capabilities in the Competence Centre for Cancer Research, which was founded in 2005. Today the consortium includes 12 partners: Tallinn University of Technology, Protobios, Celecure, Kevelt, InBio, Cambrex Tallinn, TFS Trial Form Support, North Estonia Medical Centre, [...]
At first sight, it seems that the Estonian chemical and biotechnology sector is experiencing obvious growth problems. Estonia is a small country, with just 1.3 million inhabitants, and hence there is probably a lack of bright chemists and biologists and, due to its young age, the state’s experience in sales, marketing and entrepreneurship is not [...]
In: Companies
3 Dec 2009After years of scientific work an Estonian biotech Solis Biodyne has successfully solved one of the main problems US multi-billionaire Bill Gates (pictured) and his wife Melinda Gates have in their mission against HIV/AIDS spread in Africa. The Bill & Melinda Gates Foundation has contributed hundreds of millions of dollars to fight against HIV, Malaria [...]
Estonia has about 11 months to find space technology related business and science projects worth at least EUR 1 million. That was the deal when Estonia signed PECS (Plan for European Cooperating State) agreement with European Space Agency (ESA) about three weeks ago. Estonia aims to become a full member of ESA by 2016, but [...]
When someone asks about the most successful Estonian Internet business, the answer would probably be Skype, with over 400 million subscribers. But how about start-ups? Fortumo, Edicy and UDC stand out as most promising ones. Let’s take a look at these companies and compare them in a subjective way.