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Burn rate to surge this week in Estonian startups

Burn rate to surge this week in Estonian startups

As Estonian founders migrate to the countryside for the next few days, there is to be increased burn rate activity. The Fomo team wants to wish our readers a Head jaanipäeva! May your fires burn well and your (non alcoholic or alcoholic) drinks be cold!

CloserAI wins AI agents hackathon

CloserAI wins AI agents hackathon

On a June Friday evening in Tallinn, 13 teams stood up to pitch at the end of a hackathon. Unusually, the participants didn’t have that dishevelled look of teams who hadn’t slept in beds for a few nights; this hackathon had a rather different vibe. The Elnora and

Estonian startups bring home awards from Deep Tech Atelier

Estonian startups bring home awards from Deep Tech Atelier

RIGA — Estonian deeptech companies secured victories at the Deep Tech Atelier 2026 pitching competition, capturing top category awards and prominent corporate prizes at the Baltic region's flagship deep-tech event. The conference, which concluded this week, drew more than 2,300 registered participants representing 69 countries. The annual

The finalists of Latitude59’s pitch competition have been revealed

The finalists of Latitude59’s pitch competition have been revealed

TALLINN - Congratulations to the seven finalists, representing four different countries, in Latitude59’s pitch competition. They beat out 465 applicants to reach the Bold stage next week, where they will pitch for a chance to secure angel and VC investment. With nearly €500,000 in this year’s prize pot