π Tender Overview
Project ID: 56224
Status: Disbursing
Location: Estonia
Business Sector
Notice Type: Private
Environmental Category: C
Approval Date: 18 Feb 2025
Disclosure date: 10 Jun 2025
Project Description
Equity investment into Binalyze, a Estonian software provider of digital forensics and incident response solutions
Project Objectives
Equity investment in Binalyze OU, a company incorporated in Estonia, as part of a Series A extension financing round
Transition Impact
ETI score: 80
The EBRD's Venture Capital Investment Programme III, VCIP III,
is expected to contribute to the Competitive and Resilient transition
qualities as it will support the development of recently established highly
innovative technology-based companies, as well as promote better access
to venture capital which is still nascent in the EBRD Region.