Feb 25 β€’ 16:30 UTC πŸ‡ͺπŸ‡ͺ Estonia Postimees

Jaan Tallinn becomes yet another unicorn investor

Jaan Tallinn has invested in the Estonian startup ZaiNar, which has just surpassed a billion-dollar valuation after raising over 100 million dollars for its technology platform.

Jaan Tallinn, a co-founder of Skype and one of the early investors in the AI developer Anthropic, has made a significant investment in ZaiNar, a startup that has recently achieved a valuation of over one billion dollars. This investment comes as ZaiNar announces it has raised over 100 million dollars to develop its technology, which aims to track the location of all devices in existing networks without relying on cameras, satellites, or excessive energy consumption from devices.

Founded in 2017, ZaiNar is focusing on transforming any wireless network into a system that continuously knows where all objects are situated. This capability is not only innovative but also has potential applications across various industries, making ZaiNar a noteworthy player in the tech landscape. The recent funding boost will likely allow ZaiNar to enhance its technological capabilities and expand its operational reach.

Tallinn's involvement in ZaiNar further solidifies his reputation as a prominent investor in the tech space, particularly in artificial intelligence and wireless technology sectors. With his previous track record of successful investments and a keen eye for transformative technologies, Tallinn's backing could be a significant advantage for ZaiNar as it navigates the competitive startup ecosystem.

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