KPMG & EstVCA: Funding challenges & secondary market transactions
We invite you to participate in an event where we talk about startup capital raising in 2025 and partial exits through secondary market transactions.
In 2025, raising capital has become increasingly difficult as a result of economic changes and heightened investor scrutiny. Companies are now struggling to secure funding and must adhere to the new criteria established by investors.
Many startups launched 5-10 years ago with ambitious unicorn aspirations, yet the anticipated explosive growth has not materialized. Now, founders face critical decisions: How to move forward? While a full exit through an IPO or acquisition might not be feasible, alternatives such as secondary markets or partial exits could offer viable paths forward. How do these options impact startup valuations?
Speakers & topics:
- Konrad Hanschmidt (Gridio) – Raising Capital When Capital is Tight: The 2025 Gridio Story
Tallinn-based startup that helps electric vehicle owners charge their cars when electricity is cheapest, raised €2.4 million in seed funding in the beginning of 2025. - Lauri Isotamm (Siena Secondary Fund) – Importance of secondary market transactions
Siena is a VC fund focused solely on secondary deals in high growth startups from the CEE & Nordics.
Panel discussion: VC professionals and start-ups on the topic “Funding challenges & secondary market transactions”
- Madis Lehtmets, EstVCA, Managing Director
- Mikko Palmu, KPMG Finland, Partner, Deal Advisory, Corporate Finance
- Konrad Hanschmidt, Gridio, Co-Founder and CEO
- Lauri Isotamm, Siena Secondary Fund, General Partner
The first half of the event are presentations and the panel, the second half is a good opportunity to network with the speakers and other participants.
Event is free, but the number of places are limited.
