| Date | Title | Description |
| 15.05.2026 | AI Reshapes Finance, CEE Becomes Global Tech Powerhouse | AI is profoundly reshaping global technology and finance. Warsaw's Elastics secures $2M pre-seed funding for its AI-powered prediction market agents, aiming to democratize advanced trading tools for individual investors. This initiative hig... |
| 09.05.2026 | CEE Startup & Tech Weekly: Estonian Skeleton Technologies Secures €33M Ahead of US IPO | CEE ~
Company:
The Recursive’s weekly roundup aims to cover key tech developments across Central and Eastern Europe, as well as the growing impact of CEE-born founders on the global stage. Take a look at the latest news in funding, startup ... |
| 08.05.2026 | Skeleton Technologies: €33 Million First Close Completed For Pre-IPO Funding Round | Skeleton Technologies announced the first close of a larger pre-IPO financing round with an initial €33 million investment, bringing the company’s total venture capital funding to approximately €392 million ahead of its planned U.S. initial... |
| 29.11.2025 | Quantum Systems Soars to $3.5B Valuation Amidst European Defense Tech Boom | German drone maker, Quantum Systems, secured $208M, valuing it at $3.5B. The company, specializing in dual-use drones, strengthens its position in the booming European defense tech sector. It plans expansion across air, land, and sea domain... |
| 28.11.2025 | Quantum Systems €3B+ valuation, Startups react to Autumn Budget and inside EIT Food’s EWA programme | This week, we tracked more than 70 tech funding deals worth over €574 million and over 20 exits, M&A transactions, rumours, and related news stories across Europe.
In addition to this week's top financials, we've also indexed the most i... |
| 28.11.2025 | Skeleton opens €220M Leipzig SuperFactory to power Europe’s AI and grid stability | Skeleton Technologies has officially opened its €220 million SuperFactory in Markranstädt, near Leipzig. The facility is already delivering to Siemens, General Electric, and Hitachi Energy for European electrical grids, and to major US hype... |
| 05.06.2025 | From €12 billion to €520 billion: EU-funded startups show massive ROI – but face scaling gap | The EU funded report reveals a strategic opportunity hiding in plain sight, and how smarter public-private collaboration could accelerate Europe’s innovation edge.
Back in March, the Innovation Radar Bridge initiative produced a report for ... |
| 27.03.2025 | Scaling Up Green Hydrogen: Stargate Hydrogen’s EUR 11M Boost for Sustainable Energy Innovation | Tallin-based Stargate Hydrogen gets backed with EUR 11M Series A funding from SmartCap, GIGA Venture, and UG Investments for scaling operations The company develops advanced electrolyzer technology–High-efficiency alkaline electrolysers wit... |
| 24.09.2024 | Ukraine's Defense Industry: A New Dawn with Frankenburg Technologies | The winds of change are blowing through Ukraine. The country is transforming its defense landscape, and the arrival of Frankenburg Technologies is a significant milestone. This Estonian company is set to launch missile defense system produc... |
| 19.09.2024 | Эстонская Frankenburg Technologies запустит в Украине производство противоракетных систем | Заявление Frankenburg Technologies является признаком заинтересованности европейских производителей оружия в открытии производственных мощностей в Украине.
Премьер-министр Украины Денис Шмыгаль в марте заявил, что страна подписала пять конт... |
| 27.06.2024 | Estonia: A dynamic hub for technology and entrepreneurship | Fueled by a forward-thinking government and a vibrant startup culture, Estonia has earned global recognition for its advancements in technology and digital governance. The country's commitment to digital transformation is evident in initiat... |
| 20.06.2024 | Bisly's Innovative Approach to Smart Building Solutions Gains Traction in Europe | Bisly, a pioneering constructiontech company hailing from Estonia, has recently secured a substantial €6.2 million in Series A funding. This financial boost is set to propel Bisly's expansion efforts into key European markets, particularly ... |
| 19.06.2024 | Tallinn-based Bisly raises €6.2 million to expand its emissions-slashing smart building platform | Bisly, a startup providing next-gen smart building automation solutions, has closed a Series A funding round totaling €6.2 million. The new investors include Foxway founders Urvo Männama and Paul Padrik, who join Aconterra, SmartCap Green F... |
| 06.05.2024 | 2024 Edition of Latitude59 Welcomes the Baltic and CEE Tech Crowd | Latitude59 welcomes all startup and tech professionals and enthusiasts to its cozy conference The event will take place on May 22-24th at Kultuurikatel in Tallinn Top-tier tech will talk about the most actual tech trends and strategies in t... |
| 03.05.2024 | €42M funding fuels Stargate Hydrogen's green energy advancements | Estonian green hydrogen company announces the successful completion of its seed funding round, raising €42 million.
The financing round is led by an equity investment by UG Investments and grant financing from IPCEI (Important Project of Co... |
| 28.11.2023 | Siena Secondary Fund acquires a stake in Estonian energy storage company Skeleton Technologies | Siena Secondary Fund acquires a stake in Estonian energy storage company Skeleton Technologies
28 November, 2023, 16:55
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Siena Secon... |
| 20.10.2023 | Check out the 17-slide pitch deck energy storage company Skeleton Technologies used to raise $114 million in a mix of debt and equity funding from Siemens and Marubeni | Skeleton Technologies CEO Taavi Madiberk. Skeleton Technologies This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Energy tech company Skeleton Technologies has raised 108 million e... |
| 16.10.2023 | Estonian Skeleton Technologies secures €108M from top investors Siemens and Marubeni | Estonian Skeleton Technologies secures €108M from top investors Siemens and Marubeni
16 October, 2023, 11:20
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Skeleton Techno... |
| 13.10.2023 | Skeleton Technologies raises €108M in funding round led by Siemens and Marubeni | Estonian-founded fast energy storage firm Skeleton Technologies has raised a €108 million equity and debt funding round with investment from Siemens Financial Services (SFS) and Marubeni Corporation, including other investors.
Marubeni Corp... |
| 20.07.2023 | ffVC’s New Red & White Fund Paves CEE Startups’ Way to Japan | American-Polish ffVC’s new Red & White fund is a joint venture with Japanese JBIC IG Partners The fund’s goal is to bridge the startup/VC ecosystems of CEE and Japan Promising local startups get a fast track to the Japanese market JBIC ... |
| 17.07.2023 | Estonian ultracapacitor manufacturer Skeleton Technologies raises funds to build “SuperBattery” | Read this article in:
Tallinn-based Skeleton Technologies, a company that manufactures and develops high-energy and power-density ultracapacitors, announced on Monday that it secured fresh funding from Marubeni Corporation in June 2023.
The... |
| 17.07.2023 | Estonian energy storage startup Skeleton Technologies raises an additional funding | Estonian energy storage startup Skeleton Technologies raises an additional funding
17 July, 2023, 14:35
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Tallinn-based ultracapacito... |
| 14.06.2023 | Estonian greentech Sunly secures €30M of fresh capital from EBRD | Estonian greentech Sunly secures €30M of fresh capital from EBRD
14 June, 2023, 12:26
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Tallinn-based greentech startup Sunly ... |
| 05.05.2023 | Tech.eu Summit 2023 Gathers Europe’s Top Tech Founders, VCs, and Officials | Tech.eu calls Europe’s tech startup ecosystem representatives to its Tech.eu Summit 2023 The one-day event is once again tightly packed with an expansive list of top speakers: from founders and VCs to high-ranking officials and policymakers... |
| 13.04.2023 | Tech.eu Summit 2023: Announcing 10 new speakers, last chance to get early-bird tickets, and startups should apply now! | A little over 40 days to go before the next edition of our flagship event on all things European tech startups and VC, and the Tech.eu Summit is shaping up quuuuuuite nicely thank you very much.
Today, we're thrilled to reveal the 10 latest... |
| 28.02.2023 | C8 Energy Introduces SkelStart Engine Start Module, Becomes North American Master Distributor in $12.3 Million Deal | The SkelStart has been widely embraced in Europe and, through Skeleton’s agreement with C8 Energy, is now available to commercial fleets throughout the United States and Canada. Until now, U.S. fleets have been at the mercy of their mainten... |
| 07.12.2022 | Fintech's up, sustainability's up, transport's down - key themes from Atomico's 'State of European Tech' data | As described in our main findings, European VC investors began to adjust to a new reality from July onwards, as market imbalances began to pull investment levels below yr/yr benchmarks, though there were plenty of bright spots across the ec... |
| 18.03.2022 | Furnishing startup OCCO raises €750k to revolutionise the interior design industry further | OCCO is a furnishing startup that brings innovation to the interior design industry
The company raised €750k for its AI-powered platform that helps interior design professionals digitise their processes
Oliver Ahlberg, the founder of Skel... |
| 31.01.2022 | Estonian Skeleton Technologies secures nearly €38M and is ready to become a unicorn | Estonian Skeleton Technologies secures nearly €38M and is ready to become a unicorn
31 January, 2022, 19:18
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Tallinn-based gl... |
| 31.01.2022 | Skeleton Technologies closes €37,6 million financing round | Estonian ultracapacitor manufacturer Skeleton Technologies has raised a further €37.6 million from investors in its D3 funding round. The D3 round brings total investment in Skeleton to over 200 million euros.
Among other things, the compan... |
| 31.01.2022 | Estonian Skeleton Technologies secures nearly €38M and is ready to become a unicorn | Estonian Skeleton Technologies secures nearly €38M and is ready to become a unicorn
31 January, 2022, 19:18
Rostyslav Sobachynskyi
Tallinn-based global cleantech Skeleton Technologies has recently raised its Series D3 round with €37.8 milli... |
| 28.01.2022 | Estonian ultracapacitor manufacturer Skeleton Technologies raises €37.6M led by Wise’s Taavet Hinrikus | Tallinn-based Skeleton Technologies, a company that manufactures and develops high energy and power density ultracapacitors, announced on Friday that it has raised another €37.6M in its Series D round of funding.
With this funding, the comp... |
| 30.12.2021 | 10 Estonian startups that have raised the biggest funding rounds in 2021 | Estonia has a busy, supportive, and open startup ecosystem that aims to support ambitious individuals and startups, according to StartupEstonia. Recently, the Global Startup Ecosystem Report of 2021 was published. Out of 275 global startup ... |
| 30.07.2021 | Marubeni Corp. and Others Supercharge Skeleton Technologies with an Additional EUR 29M | Estonian Skeleton Technologies concluded an additional round of investment, securing EUR 29M. Skeleton Technologies’ new superbatteries combine ultracapacitors’ eco friendliness and traditional Li-Ion batteries’ high power. Marubeni Corp., ... |
| 01.07.2021 | Estonia-based ultracapacitor manufacturer Skeleton Technologies raises €29M in Series D extension; “now moving to “Superbatteries” | Tallinn, Estonia-based Skeleton Technologies, a manufacturer and developer of high energy and power density ultracapacitors, has announced the closing of a further €29M in its Series D round of funding. With this development, the total fund... |
| 01.07.2021 | Supercapacitor startup Skeleton Technologies charges up €29 million in Series D extension, prepares to launch “superbatteries” | Estonia-founded supercapacitor company Skeleton Technologies has raised €29 million in an extension of its Series D round, bringing its total amount to €70.4 million. The extension comes from Skeleton’s existing backers, including Marubeni ... |
| 30.06.2021 | Skeleton Technologies raises 29 million euros | The Estonia-based ultracapacitor manufacturer Skeleton Technologies has raised a further 29 million euros in its Series D funding round. The funding is to be used for the continued development of ultracapacitor cells, modules, and systems.
... |
| 28.04.2021 | Skeleton Technologies Lands Another EUR 51MLN for Automation | Estonian-German Skeleton Technologies raises another EUR 51MLN. The funding comes from the local government of Saxony and the German Federal Ministry of Economic Affairs and Energy. This financing will be used for automating the manufacturi... |
| 12.03.2021 | Skeleton Technologies raises another €51 million to scale up its ultracapacitor business | Estonia-born energy storage startup Skeleton Technologies has raised another €51 million to boost the production of its ‘ultracapacitors’ (basically, batteries on steroids).
The funding isn’t coming from institutional investors, we should n... |
| 08.03.2021 | Marubeni invests in Skeleton | The ultracapacitor manufacturer Skeleton Technologies from Estonia has entered into a strategic partnership with the Japanese trading company Marubeni, which is also investing an undisclosed amount in Skeleton.
Skeleton Technologies has alr... |
| 17.12.2020 | Energy storage investments 2020: VC and equity firms put more than $500 million in these 25 battery startups | With U.S. energy storage growing a lot this year, and poised to accelerate next, conditions are fertile for VC investors to look for startup innovation.Source: Wood Mackenzie
Here’s a long and incomplete list of where venture firms are putt... |
| 12.11.2020 | Clean energy funding roundup: batteries under solar panels, carbon capture acquisition, ultracaps | We continue to track clean energy VC funding and acquisitions: this week it’s solar-plus-storage, ultracapacitors and carbon capture technology.$5 million for batteries under solar panels
Yotta Energy has designed a 1-kWh battery that mount... |
| 06.11.2020 | Estonian cleantech Skeleton Technologies raises $48.5 million | Estonian cleantech Skeleton Technologies raises $48.5 million
06 November, 2020, 09:00
Alexandra Minchuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Tallinn-based Skeleton Technologies, a man... |
| 04.11.2020 | This Estonian cleantech startup claims its ultracapacitors have four times the power density of Tesla’s; raises €41.3M | The interest in electric vehicles (EV) has been growing steadily among politicians, researchers, and consumers for sustainable transportation considering its zero-emission and green technology factor. Apart from batteries, various other pow... |
| 03.11.2020 | Tallinn-based cleantech Skeleton Technologies raises €41.3 million to help large companies save energy | Today Skeleton Technologies, an Estonian cleantech company which is one of the largest European manufacturers of ultracapacitor-based energy storage, announced it has completed a €41.3 million financing round. All existing investors partici... |
| 03.11.2020 | Skeleton raises €41.3m to develop “SuperBattery” | Skeleton Technologies, the Estonian startup developing the “SuperBattery” has raised a €41.3m Series D funding round from a group of European industrial investors and entrepreneurs that had helped grow Dutch payments company Adyen.
The inve... |
| 03.11.2020 | AS HARJU ELEKTER
Estonia's Skeleton Technologies raises $48 million to fuel growth | TALLINN, Nov 3 (Reuters) - Estonian energy storage technology maker Skeleton Technologies said on Tuesday it has raised 41.3 million euros ($48 million) from a group of investors in one of the largest cleantech investment rounds in Europe t... |
| 03.11.2020 | Skeleton Technologies raises another €40 millon | The ultracapacitor manufacturer Skeleton Technologies from Estonia has closed a new financing round for 41.3 million euros. Since its foundation in 2009, Skeleton has thus already raised over 93 million euros in capital.
According to the Es... |
| 20.02.2017 | How Social Causes Are Driving Tech Sector Innovation | Today, ethical and sustainable products are king. Nearly three-fourths of Millennials, the demographic piloting this movement, are willing to pay more for sustainable products, according to a recent Nielsen study. Another 91 percent will sw... |
| 06.11.2016 | What Tesla’s new Gigafactory means for electric vehicles | Jussi Pikkarainen Contributor
Jussi Pikkarainen is marketing project manager for Skeleton Technologies, a pioneer in the ultracapacitor energy storage industry.
Tesla‘s new Gigafactory opened at the end of July in Nevada, with much exciteme... |
| 11.08.2016 | Malaysia’s FirstFloor Capital leads $14m round in Skeleton Tech | Premium
Malaysian venture capital firm FirstFloor Capital has led a €13-million (about $14 million) new investment round in European ultra-capacitor (electrical component) manufacturer Skeleton Technologies, the company announced Thursday.
... |
| 03.08.2016 | Estonia’s Skeleton Technologies receives €13 million to revolutionize how energy is stored | Skeleton Technologies, Europe’s leading ultracapacitor manufacturer, has received €13 million in a Series C funding round led by FirstFloor Capital.
The fresh capital, which also comes from existing Skeleton Technologies’ investors UP Inves... |
| 21.07.2015 | Report: Smart grid companies raise $289 million in first half of 2015 | Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Smart Grid, Battery/Storage and Energy Efficiency sectors for the se... |
| 05.06.2015 | Skeleton Technologies Completes €9.8M Series B Financing | Skeleton Technologies, an Estonia and Germany-based manufacturer of high-performance ultracapacitors for transportation, industrial and grid applications, completed a €9.8m (approx. $10.7m) Series B financing.
Backers included NASDAQ OMX Ta... |
| 03.06.2015 | Daily funding roundup - June 3, 2015 | Fourkites raised $1.25M; Plot.ly landed $30M; Mic nabbed $17M
Chicago-based FourKites, a provider of trucking logistics for shipping companies and freight brokers, landed $1.25 million in seed funding, its first round since being founded in... |
| - | Supercapacitor maker Skeleton Technologies charges up with an additional €37.6 million | Estonia-founded supercapacitor company Skeleton Technologies has raised €37.6 million in (another) extension of its Series D round, now charging the total amperage to a total amount of €108 million. The round was led by Wise co-founder Taav... |
| - | Estonia’s Skeleton to invest €220 million to build supercapacitor factory in Leipzig | Estonian energy storage tech firm Skeleton Technologies will invest €220 million to build a fully automated, digitalised manufacturing plant to produce supercapacitors at Leipzig in Germany. Out of the investment, €100 million will be utili... |
| - | Supercapacitor startup Skeleton Technologies charges up €29 million in Series D extension, prepares to launch “superbatteries” | Estonia-founded supercapacitor company Skeleton Technologies has raised €29 million in an extension of its Series D round, bringing its total amount to €70.4 million. The extension comes from Skeleton's existing backers, including Marubeni ... |
| - | Skeleton Technologies | “Skeleton Technologies is the world's leading manufacturer of graphene-based supercapacitors. Rebuilding industry for a net-zero future.” |
