Funded Artificial Intelligence Startups in Estonia
Estonia's AI funding activity across these 22 companies is concentrated almost entirely in Tallinn, with Harjumaa accounting for every entry in the dataset.
Estonia's AI funding activity across these 22 companies is concentrated almost entirely in Tallinn, with Harjumaa accounting for every entry in the dataset. Round sizes skew early-stage: seed deals appear nine times and pre-seed rounds five times, while Series A and Series B each surface once. The standout transaction is BlackWall's $49M Series B, closed March 13, 2025 — well above the next tier of Jobbatical's $12M Series A (September 2022) and Miros's $7M Seed (November 2024). Several smaller seed rounds cluster in the $1M–$2M range, including Haut.AI and Fyma, both closing $2M seeds in November 2023.
Funding activity has extended into 2025, with four rounds closing between February and May: Co-one, Fleetbrains, DriveX Technologies, and BlackWall. DriveX Technologies is notable for appearing twice in the data — a $1M Seed in April 2022 and another $1M Seed in February 2025 — pointing to repeated early-stage capital raises within the same company. Six rounds carry undisclosed amounts, including Sera, Hepta Airborne, and Logistify AI.
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Frequently asked
What is the largest disclosed round among these AI companies in Estonia?
BlackWall's Series B, closed March 13, 2025, at $49M is the largest by a significant margin. The next largest disclosed amounts are Jobbatical's $12M Series A from September 2022 and Miros's $7M Seed from November 2024.
How active has AI startup funding been in Estonia in 2025?
Four rounds closed in the first five months of 2025: DriveX Technologies ($1M Seed, February), BlackWall ($49M Series B, March), Fleetbrains ($870K Pre-Seed, March), and Co-one ($1M Seed, May 12). All four are headquartered in the Tallinn metro area.
Which funding stages appear most often in this dataset?
Seed rounds are the most frequent, appearing nine times, followed by pre-seed with five entries. Four rounds carry a Series Unknown designation, indicating deals reported without a confirmed stage label. Series A and Series B each appear once.
Where within Estonia are these AI companies based?
Twenty of the 22 companies list Tallinn, Harjumaa as their location; Askel.ai lists Harku, Harjumaa, which borders Tallinn. The ecosystem is tightly concentrated in the capital region with no representation from Tartu or other cities in this data.
Are there companies in this list that have raised more than one round?
DriveX Technologies appears twice — a $1M Seed in April 2022 and another $1M Seed in February 2025 — indicating the company raised additional capital at the same stage roughly three years apart. No other company appears more than once in this 22-row view.
How many rounds have undisclosed amounts, and which companies are they?
Six of the 22 rounds do not disclose a funding amount: Sera (Pre-Seed, November 2024), Shen.AI @ MX Labs (Series Unknown, September 2024), Gamer Arena (March 2024), Hepta Airborne (Series Unknown, February 2024), Logistify AI (Series Unknown, October 2023), and Vocal Image (Seed, August 2022). The remaining 16 entries range from $100K to $49M.
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