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Estonian news startup So.Fa.Dog raised 600 000 euros
Video news startup So.Fa.Dog raised 600 000 € in an early investing round from 32 investors, including employees and the founders of the company.
confirmed that investors responded well to the pitch. “We are very lucky to have „hotThe app’s founder and co-founder Lauri Meidla and Mihkel Oja investors“ on board who believe in us and help us develop and fine-tune the product. Thanks to their and our customers’ feedback we have made our news clips more visually appealing, engaging and have improved the overall user experience. With the help of these investments more improvements in the journalistic quality and functionalities of the app lie ahead and we’re very excited for the upcoming months,“ commented founder Lauri Meidla.
Among some of the investors were CEO of LHV Group Madis Toomsalu, entrepreneur Kristjan Mitt and Planet 42 founders Eerik Oja and Marten Orgna.
So.Fa.Dog app is available in English for Android and iOS globally.
So.Fa.Dog is an Estonian start-up, founded in February 2020. There are currently 40+ people from 17 different nationalities working for the company. The ambition of So.Fa.Dog is to change the way people consume news permanently by providing exclusive 10-second video news in a visually appealing and user friendly app.
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Seotud lood
There’s often a disconnect between the direction of government and the vibe on the streets. I’m not talking hip-hop crews, hipsters or the wider youth, I’m talking about the majority of decent everyday Estonians, no matter what their language or age.
Wolf3D a company building a virtual identity platform for games and VR, has raised € 1,2 million from Trind Ventures, Presto Ventures, Koha Capital, Spring Capital and Contriber Ventures with participation from a few angels. Previous investors include Peter Vesterbacka, one of the creators of Angry Birds. The company has now raised a total of around € 2.3 million.
According to Laimonas Noreika, the head of the start-up company Ziticity, which has recently entered the Estonian market, Estonian online shops need to pay more attention to the delivery of goods, since local customers should also be able to benefit from affordable and fast door-to-door courier service that has become the market standard in the rest of the world.
TaxScouts, the company making tax preparation effortless for the UK market, has announced a Series A investment round of £5M to further its mission to build a Pan-European Tax Service. The company is expanding into its first market outside the UK and is establishing a team in Spain, following the appointment of a Country Manager.
Mainor Ülemiste AS ja Europark käivitasid Ülemiste City’s uudse tehnoloogiaga parkimislahenduse, mis kärbib tühjade parkimiskohtade arvu 30% ning säästab sellega nii linnaruumi, elanike tervist kui raha. Europarki juhi sõnul saab süsteemi laiendada kogu Tallinnale.
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