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Civinity invests €15 million in PropTech startups

Civinity, one of the largest facility management and engineering groups in the Baltic states, has announced the launch of their new investment management firm called Pentaframe Capital. Pentaframe Capital plans to invest up to €15 million across the following five years, with focus on real estate, facility management, and smart city tech startups across Europe. By Rūta Lapinskienė  Pentaframe Capital plans …

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Finnish scale-up Nosto acquires Stackla, a global visual content marketing platform

The Finnish commerce experience scale-up Nosto has aquired Stackla, a visual content marketing platform for user-generated content. The acquisition is Nostos first acquisition and marks their entrance into the Australian and Southeast Asian markets.  By Uday Radia AI-powered personalized shopping Nosto, a Finnish commerce experience scale-up which helps retailers deliver personalized digital shopping experiences, has acquired Stackla, a global visual …

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Nordic and Baltic investments show progressive trend towards sustainability in 2021

According to reports from, European Capital,  Danske Bank and i5invest, European VC and PE funds have been substantially gaining ground despite Covid-19, and a substantial margin in the Nordics are focusing on investments in energy and sustainability. Norway, Denmark, and Lithuania have a particularly strong focus on investments in these areas in 2021 compared to the rest of Europe, and …

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