Recently Funded Startups in Estonia (Nov-2025)
Last Updated: 21-Nov-2025
Estonia’s startup ecosystem has continued to flourish, solidifying its reputation as a hub for innovation and entrepreneurship in the Baltic region. With a total of 196 tracked startups, the country has seen remarkable activity in the venture capital space, indicating a growing confidence in the sustainability and scalability of its emerging businesses. The importance of funding cannot be overstated, as it propels these startups to develop their products, scale operations, and enhance their market visibility. As we head into the latter part of 2025, it’s evident that the momentum for startup funding in Estonia remains strong, showcasing the vibrancy of the local economy.
As of November 2025, 32 startups have successfully raised funds this year, collectively amassing an impressive total of approximately $183.87 million. Key industries such as Energy and Artificial Intelligence are at the forefront of this funding wave, attracting significant investments that underscore the strategic focus on sustainability and technological advancement in the region. Notably, the largest funding deal this year was for Sunly, reflecting the robust interest in innovative energy solutions. This blog delves into the recent funding landscape, highlighting both the achievements of local startups and the industries driving this growth.
Funding Highlights
- Total number of startups tracked: 196
- Number of startups that raised funding last year: 45
- Number of startups that raised funding this year: 32
- Total funding raised this year (USD Millions): 183.8718
- Largest deal: Sunly, Series Unknown, $67.7 million
- Top industries by funding amount: Energy ($80 million), Artificial Intelligence (AI) ($52.1728 million), Manufacturing ($19.7 million)
- Top industries by number of deals: Energy (5 deals), Artificial Intelligence (AI) (4 deals), Financial Services (4 deals)
Full List of Recently Funded Startups in Estonia
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Leil Storage | Tallinn | Estonia | Seed | $1,726,432 | 2025-11-09 | Information Technology, Data, Cloud Computing |
| PropShopTrader | Tartu | Estonia | Seed | $615,000 | 2025-10-04 | Finance, FinTech |
| peoNova | Tallinn | Estonia | Initial Coin Offering | unknown | 2025-09-18 | Blockchain, FinTech, Finance |
| Warren.io | Tallinn | Estonia | Seed | $300K | 2025-08-28 | Hardware |
| eID easy | Tallinn | Estonia | Seed | $350K | 2025-08-28 | Commerce and Shopping |
| Better Medicine | Tartu | Estonia | Pre-Seed | $1.2M | 2025-08-14 | Health Care |
| Bisly | Tallinn | Estonia | Series Unknown | $5M | 2025-08-06 | Information Technology |
| Vok Bikes | Tallinn | Estonia | Series A | $5.9M | 2025-07-02 | Commerce and Shopping |
| TradeLink.pro | Tallin | Estonia | Seed | Undisclosed | 2025-06-10 | Blockchain and Cryptocurrency |
| Crewpoint | Tallinn | Estonia | Seed | Undisclosed | 2025-05-25 | Travel and Tourism |
| MarkeDroid | Tallinn | Estonia | Seed | $199K | 2025-05-23 | Software |
| Fintellect | Tallinn | Estonia | Series Unknown | $100K | 2025-05-15 | Financial Services |
| Co-one | Tallinn | Estonia | Seed | $1.1M | 2025-05-12 | Artificial Intelligence (AI) |
| eAgronom | Tartu | Estonia | Series A | Undisclosed | 2025-05-08 | Agriculture and Farming |
| Esgrid | Tallinn | Estonia | Pre-Seed | $1M | 2025-04-16 | Financial Services |
| Musichool | Tallinn | Estonia | Series Unknown | Undisclosed | 2025-04-10 | Education |
| UP Catalyst | Tallinn | Estonia | Series Unknown | $19.7M | 2025-04-08 | Manufacturing |
| KrattWorks | Tallinn | Estonia | Series A | Undisclosed | 2025-04-01 | Consumer Electronics |
| Fleetbrains | Tallinn | Estonia | Pre-Seed | $872.8K | 2025-03-18 | Artificial Intelligence (AI) |
| M-FLY | Tallinn | Estonia | Pre-Seed | $1.3M | 2025-03-13 | Consumer Electronics |
| BlackWall | Tallinn | Estonia | Series B | $49M | 2025-03-13 | Artificial Intelligence (AI) |
| Hoovi | Tallinn | Estonia | Series Unknown | $8.7M | 2025-03-11 | Financial Services |
| Sunly | Tallinn | Estonia | Series Unknown | $67.7M | 2025-03-11 | Energy |
| Cino | Tallin | Estonia | Seed | $3.7M | 2025-03-04 | Financial Services |
| GaltTec | Tartu | Estonia | Pre-Seed | $1M | 2025-02-28 | Energy |
| Pointship | Tallin | Estonia | Seed | $1.9M | 2025-02-24 | Apps |
| DriveX Technologies | Tallinn | Estonia | Seed | $1.2M | 2025-02-05 | Artificial Intelligence (AI) |
| Zenex | Harju | Estonia | Series Unknown | Undisclosed | 2025-02-03 | Blockchain and Cryptocurrency |
| Gridio | Tallinn | Estonia | Seed | $2.5M | 2025-01-27 | Energy |
| Fusebox Energy | Tallinn | Estonia | Series Unknown | $2.7M | 2025-01-20 | Energy |
| Elcogen | Tallinn | Estonia | Series Unknown | $6.1M | 2025-01-16 | Energy |
| Katana | Tallinn | Estonia | Series Unknown | Undisclosed | 2025-01-15 | Manufacturing |
| Zero Technologies | Tallinn | Estonia | Series Unknown | $7.8K | 2024-12-20 | Administrative Services |
| Askel.ai | Harku | Estonia | Pre-Seed | $397.4K | 2024-12-13 | Artificial Intelligence (AI) |
| Prevego | Tallinna | Estonia | Pre-Seed | $147.1K | 2024-12-11 | Sales and Marketing |
| Prosper | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-11-14 | Blockchain and Cryptocurrency |
| Sera | Tallinn | Estonia | Pre-Seed | Undisclosed | 2024-11-14 | Artificial Intelligence (AI) |
| Elcogen | Tallinn | Estonia | Series Unknown | $26.6M | 2024-11-11 | Energy |
| Miros | Tallinn | Estonia | Seed | $6.5M | 2024-11-05 | Artificial Intelligence (AI) |
| Fagura | Tallin | Estonia | Series Unknown | $324.1K | 2024-10-30 | Commerce and Shopping |
| Modash.io | Tallinn | Estonia | Series A | $12M | 2024-10-30 | Advertising |
| SCALE Nanotech | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-10-16 | Hardware |
| Shen.AI @ MX Labs | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-09-19 | Artificial Intelligence (AI) |
| Fairown | Tallinn | Estonia | Seed | $6.3M | 2024-09-10 | Financial Services |
| Sunly | Tallinn | Estonia | Series Unknown | $335.5M | 2024-08-26 | Energy |
| MYCEEN | Tallinn | Estonia | Seed | Undisclosed | 2024-08-26 | Biotechnology |
| Inbank AS | Tallinn | Estonia | Series Unknown | $11.3M | 2024-08-23 | Financial Services |
| Viacurrent | Tartu | Estonia | Seed | Undisclosed | 2024-08-09 | Administrative Services |
| Enty | Tallinn | Estonia | Seed | $759.6K | 2024-07-25 | Financial Services |
| eAgronom | Tartu | Estonia | Series A | $10.7M | 2024-07-02 | Agriculture and Farming |
| Bamboo Apps | Tallinn | Estonia | Series Unknown | $327K | 2024-06-20 | Apps |
| Bisly | Tallinn | Estonia | Series A | $6.7M | 2024-06-19 | Information Technology |
| Menken Trials | Tartu | Estonia | Series Unknown | Undisclosed | 2024-06-17 | Software |
| BaseTracK | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-06-10 | Transportation |
| Skyrex | Harju | Estonia | Pre-Seed | $20K | 2024-06-01 | Financial Services |
| ESTO | Tallinn | Estonia | Series Unknown | $20M | 2024-05-28 | Commerce and Shopping |
| Telema | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-05-28 | Commerce and Shopping |
| Nanordica Medical | Tallinn | Estonia | Series Unknown | $1.9M | 2024-05-16 | Health Care |
| VOOL | Tallinn | Estonia | Series Unknown | $323.5K | 2024-05-09 | Consumer Electronics |
| Salesforge | Tallinn | Estonia | Pre-Seed | $500K | 2024-04-24 | Information Technology |
| Elcogen | Tallinn | Estonia | Series Unknown | $33.6M | 2024-04-03 | Energy |
| Flowstep | Tallinn | Estonia | Series Unknown | $1.1M | 2024-04-03 | Design |
| Supersimple | Tallin | Estonia | Pre-Seed | $2.2M | 2024-04-02 | Business Intelligence Platforms |
| AutoLayer | Harju | Estonia | Seed | $2.5M | 2024-04-02 | Financial Services |
| Rendin | Tallinn | Estonia | $2.2M | 2024-03-20 | Apps | |
| Filtroo | Tallinn | Estonia | $1.1M | 2024-03-18 | Apps | |
| BotGuard | Tallinn | Estonia | $13.1M | 2024-03-13 | Information Technology | |
| Lyfery | Tallinn | Estonia | Undisclosed | 2024-03-05 | Financial Services | |
| Lawato | Tallinn | Estonia | Undisclosed | 2024-03-05 | Information Technology | |
| Gamer Arena | Tallin | Estonia | Undisclosed | 2024-03-05 | Artificial Intelligence (AI) | |
| Hepta Airborne | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-02-26 | Artificial Intelligence (AI) |
| Sunly | Tallinn | Estonia | Series Unknown | $71.1M | 2024-02-07 | Energy |
| Tuum | Tallinn | Estonia | Series B | $26.9M | 2024-02-06 | Financial Services |
| Analytical Alley | Tallinn | Estonia | Series Unknown | $752.3K | 2024-02-06 | Data and Analytics |
| Cognitiwe | Tallinn | Estonia | Seed | $1.1M | 2024-02-01 | Artificial Intelligence (AI) |
| Juuli | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-02-01 | Administrative Services |
| Scorestars | Tallinn | Estonia | Seed | $792.6K | 2024-01-09 | Gaming |
| Fintellect | Tallinn | Estonia | Pre-Seed | $50K | 2024-01-04 | Financial Services |
| Swipelux | Tallin | Estonia | Seed | Undisclosed | 2024-01-01 | Blockchain and Cryptocurrency |
| Salv | Tallinn | Estonia | Series Unknown | $4.2M | 2023-12-14 | Financial Services |
| Arbonics | Tallinn | Estonia | Seed | $6M | 2023-12-14 | Information Technology |
| Ecobase | Tallinn | Estonia | Seed | $2.7M | 2023-12-12 | Agriculture and Farming |
| Inspectle Food | Tallinn | Estonia | Pre-Seed | $431.4K | 2023-12-12 | Food and Beverage |
| QANplatform [QAN blockchain platform] | Tallinn | Estonia | Series Unknown | $15M | 2023-12-05 | Blockchain and Cryptocurrency |
| Biteful | Tallinn | Estonia | Pre-Seed | $239.9K | 2023-12-01 | Information Technology |
| Efenco | Tallinn | Estonia | Series Unknown | $3.2M | 2023-11-16 | Energy |
| Haut.AI | Tallinn | Estonia | Seed | $2.2M | 2023-11-15 | Artificial Intelligence (AI) |
| Fyma | Tallinn | Estonia | Seed | $2.1M | 2023-11-10 | Artificial Intelligence (AI) |
| Sisu Group | Tallinn | Estonia | Series Unknown | $15M | 2023-11-06 | Gaming |
| Flowstep | Tallinn | Estonia | Pre-Seed | $800K | 2023-11-02 | Design |
| Juuli | Tallinn | Estonia | Pre-Seed | $1.3M | 2023-10-24 | Administrative Services |
| Bisly | Tallinn | Estonia | Series Unknown | $3.8M | 2023-10-19 | Information Technology |
| Gearbox Biosciences | Tartu | Estonia | Pre-Seed | $399.5K | 2023-10-13 | Biotechnology |
| Skeleton Technologies | Tallinn | Estonia | Series E | $113.5M | 2023-10-13 | Energy |
| Cino | Tallin | Estonia | Seed | $1.5M | 2023-10-11 | Financial Services |
| Paul-Tech | Saku | Estonia | Seed | $1.5M | 2023-10-10 | Agriculture and Farming |
| MyDello | Tallinn | Estonia | Seed | $1.3M | 2023-10-10 | Transportation |
| Senkrondata AI | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-10-09 | Commerce and Shopping |
| Gridio | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-10-06 | Energy |
| Logistify AI | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-10-05 | Artificial Intelligence (AI) |
| Infludesk | Tallinn | Estonia | Pre-Seed | $200K | 2023-09-28 | Advertising |
| Elcogen | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-09-27 | Energy |
| Glassity | Tallinn | Estonia | Pre-Seed | $132K | 2023-09-25 | Software |
| Trashify | Jüri | Estonia | Pre-Seed | Undisclosed | 2023-09-22 | Information Technology |
| Cleveron | Viljandi | Estonia | Series Unknown | $3.7M | 2023-09-18 | Administrative Services |
| TrustLynx | Tallinn | Estonia | Pre-Seed | $319.5K | 2023-09-15 | Information Technology |
| Avokaado | Tallinn | Estonia | Series Unknown | $1.3M | 2023-09-13 | Administrative Services |
| Binalyze | Tallinn | Estonia | Series A | $19M | 2023-09-12 | Government and Military |
| Bidrento | Tallin | Estonia | Seed | Undisclosed | 2023-09-12 | Real Estate |
| KappaZeta | Tartu | Estonia | Series Unknown | $513.9K | 2023-09-08 | Agriculture and Farming |
| Alpha3D | Tallinn | Estonia | Series Unknown | $916.9K | 2023-09-01 | Artificial Intelligence (AI) |
| DrugCards | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-08-22 | Health Care |
| Skyrex | Harju | Estonia | Pre-Seed | $196K | 2023-08-20 | Financial Services |
| LeadForce | Tallinn | Estonia | Pre-Seed | Undisclosed | 2023-08-15 | Software |
| GScan | Tallinn | Estonia | Series Unknown | $1.4M | 2023-08-01 | Administrative Services |
| CupLOOP | Tallinn | Estonia | Seed | $2.2M | 2023-07-26 | Hardware |
| Skeleton Technologies | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-07-10 | Energy |
| Formaloo | Tallinn | Estonia | Seed | $2.3M | 2023-07-05 | Data and Analytics |
| Better Medicine | Tartu | Estonia | Series Unknown | Undisclosed | 2023-06-23 | Health Care |
| Miros | Tallinn | Estonia | Seed | Undisclosed | 2023-06-22 | Artificial Intelligence (AI) |
| Woola | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-06-15 | Administrative Services |
| Involancer | Tallinn | Estonia | Seed | $454.4K | 2023-06-15 | Financial Services |
| Sunly | Tallinn | Estonia | Series Unknown | $32.3M | 2023-06-12 | Energy |
| Zero Labs | Tallin | Estonia | Pre-Seed | $100K | 2023-06-08 | Energy |
| Cino | Tallin | Estonia | Series Unknown | $536.6K | 2023-05-26 | Financial Services |
| Value.Space | Tallinn | Estonia | Seed | $2.3M | 2023-05-10 | Hardware |
| Spacedrip | Tallinn | Estonia | Series Unknown | $1.7M | 2023-05-02 | Natural Resources |
| Elmo | Tallinn | Estonia | Seed | $2.9M | 2023-04-26 | Commerce and Shopping |
| Fyma | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-04-11 | Artificial Intelligence (AI) |
| Crespect | Tallin | Estonia | Seed | $660.4K | 2023-04-11 | Professional Services |
| Warren.io | Tallinn | Estonia | Seed | Undisclosed | 2023-04-06 | Hardware |
| BuildJet | Tallinn | Estonia | Pre-Seed | $500K | 2023-04-05 | Information Technology |
| Complok | Tallinn | Estonia | Pre-Seed | $248.7K | 2023-04-04 | Financial Services |
| EstateGuru | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-03-22 | Commerce and Shopping |
| Paul-Tech | Saku | Estonia | Seed | $215K | 2023-03-17 | Agriculture and Farming |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Estonia?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Estonia were funded this year and last year?
In Estonia 32 startups raised funding this year and 45 did last year; we track 196 startups in total.
Q3. Which industries are trending for funding in Estonia (Nov-2025)?
By funding amount: Energy ($80M), Artificial Intelligence ($52.1728M), Manufacturing ($19.7M). By deal count: Energy (5 deals), AI (4 deals), Financial Services (4 deals).
Q4. What is the total funding raised this year in Estonia and what was the largest deal?
Estonian startups have raised $183.8718M so far this year; the largest deal was Sunly at $67.7M (Series Unknown).
Q5. How can I connect with these startups in Estonia?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
