Sustainable Startups From the Baltic Countries to Watch in 2021
The Baltic region of Europe, comprising of Lithuania, Latvia, and Estonia, is a hotbed for sustainable startups. With a core purpose to revitalize the economy and create a greener future, these startups make for great investments for both individuals and corporations.
In 2021, we can expect to witness the growth of sustainable startups in the region. Many of these startups are looking towards influencing both local and global markets while others are looking to improve the efficiency of their production processes and reduce waste. Here’s a list of some of the must-watch sustainable startups from the Baltic region.
Regio:
Regio is a startup based in Lithuania with a mission to create eco-friendly and sustainable building solutions. The company was founded in 2018, and it manufactures green construction solutions such as modular housing, low carbon walling solutions, and renewable energy systems. The solutions produced by Regio significantly reduce the carbon footprint of buildings, which makes them an attractive option for those looking to invest in sustainable startups.
SwellEffect:
SwellEffect is a sustainability-focused venture group based in Estonia. The company works with a wide range of local and global startups, helping them develop successful, sustainable, and scalable business models. SwellEffect incubates and accelerates ideas in a number of industries, including cleantech, circular economy, and social entrepreneurship. The company has also developed a program to bring entrepreneurs from the Baltic region and the rest of Europe together to explore and develop solutions to global sustainability challenges.
BioEcoSolar:
BioEcoSolar is a Lithuanian startup that designs and manufactures solar energy solutions. The company offers a range of residential and commercial solar solutions, as well as energy storage. BioEcoSolar’s mission is to make solar energy affordable and accessible to everyone, and to reduce energy waste. With the increasing energy demands of the world and an imminent energy crisis, BioEcoSolar is an important player in the sustainable energy industry.
Energyum Solutions:
Energyum Solutions is a Latvian startup that is focusing on energy efficiency through data-driven solutions. The company works with businesses to develop and implement plans that reduce energy costs, increase efficiency, and ultimately make a positive contribution to the environment. Through its software and services, Energyum Solutions helps businesses identify and address opportunities for energy efficiency.
ReGrowWood:
ReGrowWood is a young startup from Estonia, which has launched a number of wood-based products for furniture, flooring, and paneling. The company works in partnership with sustainable forestry and production experts to create products that not only look aesthetically pleasing but are also green, long-lasting and recyclable. The startup is the first of its kind in the region and is setting new standards in the field of sustainable furniture and flooring.
Scionics:
A cleantech company based in Lithuania, Scionics has developed an energy storage solution that uses hydrogen. The company’s systems are designed to help power plants reduce emissions while generating electricity more efficiently. Scionics understands the importance of finding new and more efficient ways of generating energy and has been continuously working on its technology to deliver cost-efficient and reliable energy storage solutions.
WasteX:
WasteX is a Latvian startup that has developed a platform to track and analyze municipal waste. Through its integrated software, the startup helps municipalities map and improve their waste management systems. The company focuses on identifying weak points in the current systems, allowing municipalities to develop tailored strategies that focus on the efficient use of resources and long-term sustainability.
Agrido:
Agrido is an Estonian startup that offers a range of digital agriculture solutions, such as sensors and remote monitoring systems. The company aims to modernize agriculture and improve the yield of local communities. It focuses on developing a comprehensive platform for every step of the farming process, from seeding and fertilization to harvesting.
Biotech Holding:
Biotech Holding is a Lithuania-based startup that specializes in biotechnology and advanced materials development. The company works with leading universities and research centers in the Baltic region to develop innovative biotech solutions. Its portfolio includes a number of products, such as air purifiers, biodegradable packaging materials, and medical materials.
Treely:
Treely is an Estonian startup that focuses on tree care management. The company has developed a range of products and services, including automated planting and monitoring systems, to make tree care more accessible for everyone. The startup’s goal is to increase tree cover, reduce CO2 emissions, and promote sustainable development.
The Baltic region certainly has plenty of sustainable startups worth investing in. In 2021, especially, we can expect to see the region take the lead in green sustainability. From regenerative building solutions to energy storage systems and tree care management, startups from the Baltic region are paving the way to a greener and more sustainable future.
