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14.04.2021 Tera Ventures closes €43M fund to boost seed-stage startups in the “New Nordics” with the help of global strategic LPs Tallinn, April 13 2021 – Tera Ventures, one of the longest-running seed-stage funds in the “New Nordics” (Nordic & Baltic countries), brings its fund size to €43M with several global investors stepping in as limited partners. Tera is an early-stage venture capital firm with more than 10 years of experience in propelling Nordic and Baltic founders to the global stage. It has invested in several prominent European startups, including the UK-based neoban...

Tera Ventures said it has closed its new fund for seed-stage investments in the Nordic and Baltic area at 43 million euros. Tera is an early-stage venture capital firm with more than 10 years of experience. It has invested in several prominent European startups, including the UK-based fntech Monese, business management software Scoro, proptech platform Rendin, and IP-licensing management platform Brainbase. Previous successes include GrabCAD (acquired by Stratasys) and Vitalfields (acquired by Monsanto). “The obvious benefit to founders is that we have more capital to deploy.” Stanislav ...

Scoro raised $16.4 mln Series B , international growth equity firm that invests in high-growth companies. Additional investors include Columbia Lake Partners, which provides investment for growing technology companies, as well as previous investors Inventure, Livonia Partners and Tera Ventures, it said. *We’ll continue to enable creative and professional service businesses to increase their productivity and profitability, as well as minimize the distractions caused by overly complicated tech stacks. We call these ‘weapons of mass distraction’.” “Even before Covid-19 hit, many...

(1) Work management software company secures investment to enable customers in North America, APAC and European markets to simplify their techstack and eliminate distractions Scoro, an award-winning work management software for professional service businesses, has closed a $16.4 million Series B funding round led by Kennet Partners. Additional investors include Columbia Lake Partners, Inventure, Livonia Partners and Tera Ventures. The investment will fuel continued global expansion and is supported by new French and Spanish versions of the software. "Even before Covid-19 hit, most profess...