Recently Funded Startups in Estonia (Aug-2025)
Last Updated: 28-Aug-2025
Estonia continues to solidify its reputation as a burgeoning hub for startups in Northern Europe, thriving in a dynamic ecosystem supported by advanced digital infrastructure and a forward-thinking regulatory environment. With 123 startups actively tracked, the country has seen a notable surge in venture capital activity, particularly in sectors aligned with technological innovation and sustainable solutions. The startup community benefits from a strong culture of collaboration and a network of accelerators, which have collectively contributed to a vibrant landscape ripe for investment.
As of August 2025, Estonia’s startup scene has garnered significant attention, attracting a total funding of approximately $174.67 million this year alone. This momentum is underscored by 25 startups securing funding, reflecting a robust appetite for growth and innovation across various industries. Notably, the energy sector has emerged as a frontrunner, drawing substantial investments that highlight the increasing focus on renewable and sustainable technologies, while artificial intelligence and manufacturing also showcase promising growth trajectories.
Funding Highlights
- Total number of startups tracked: 123
- Number of startups that raised funding last year: 45
- Number of startups that raised funding this year: 25
- Total funding raised this year so far: $174,671,800
- Largest deal: Sunly, Series Unknown, $67,700,000
- Top industries by funding amount:
- Energy: $80,000,000
- Artificial Intelligence (AI): $52,172,800
- Manufacturing: $19,700,000
- Top industries by number of deals this year:
- 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 |
|---|---|---|---|---|---|---|
| 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 |
| Flowstep | Tallinn | Estonia | Series Unknown | $1.1M | 2024-04-03 | Design |
| Elcogen | Tallinn | Estonia | Series Unknown | $33.6M | 2024-04-03 | Energy |
| 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 | |
| Gamer Arena | Tallin | Estonia | Undisclosed | 2024-03-05 | Artificial Intelligence (AI) | |
| Lawato | Tallinn | Estonia | Undisclosed | 2024-03-05 | Information Technology | |
| Hepta Airborne | Tallinn | Estonia | Series Unknown | Undisclosed | 2024-02-26 | Artificial Intelligence (AI) |
| Sunly | Tallinn | Estonia | Series Unknown | $71.1M | 2024-02-07 | Energy |
| Analytical Alley | Tallinn | Estonia | Series Unknown | $752.3K | 2024-02-06 | Data and Analytics |
| Tuum | Tallinn | Estonia | Series B | $26.9M | 2024-02-06 | Financial Services |
| 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 |
| Arbonics | Tallinn | Estonia | Seed | $6M | 2023-12-14 | Information Technology |
| Salv | Tallinn | Estonia | Series Unknown | $4.2M | 2023-12-14 | Financial Services |
| Inspectle Food | Tallinn | Estonia | Pre-Seed | $431.4K | 2023-12-12 | Food and Beverage |
| Ecobase | Tallinn | Estonia | Seed | $2.7M | 2023-12-12 | Agriculture and Farming |
| 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 |
| 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 |
| 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 |
| Bidrento | Tallin | Estonia | Seed | Undisclosed | 2023-09-12 | Real Estate |
| Binalyze | Tallinn | Estonia | Series A | $19M | 2023-09-12 | Government and Military |
| 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 |
| 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) |
| Involancer | Tallinn | Estonia | Seed | $454.4K | 2023-06-15 | Financial Services |
| Woola | Tallinn | Estonia | Series Unknown | Undisclosed | 2023-06-15 | Administrative 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 |
| 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 |
| Roofit.solar | Tallinn | Estonia | Series Unknown | $6.8M | 2023-03-09 | Energy |
| Icosagen Group | Tartu | Estonia | Series Unknown | $19.4M | 2023-02-08 | Biotechnology |
| Capitual | Tallinn | Estonia | Series Unknown | $16.1M | 2023-02-06 | Financial Services |
| VOOL | Tallinn | Estonia | Series Unknown | $3.3M | 2023-02-02 | Consumer Electronics |
| Co-one | Tallinn | Estonia | Seed | $4.6M | 2023-01-24 | Artificial Intelligence (AI) |
| Grünfin | Tallinn | Estonia | Seed | $2.2M | 2023-01-17 | Financial Services |
| Fagura | Tallin | Estonia | Series Unknown | $795.2K | 2022-12-26 | Commerce and Shopping |
| Utorg | Tallinn | Estonia | Seed | $5M | 2022-12-16 | Financial Services |
| Miros | Tallinn | Estonia | Seed | $2.2M | 2022-12-13 | Clothing and Apparel |
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 can I connect with these startups in Estonia?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in Estonia were funded recently and how many have been funded this year?
25 startups have raised funding in Estonia so far this year (45 raised funding last year) out of 123 tracked startups in total.
Q4. Which industries are trending among recently funded startups in Estonia?
By funding amount: Energy ($80,000,000), AI ($52,172,800), Manufacturing ($19,700,000). By deal count: Energy (5 deals), AI (4 deals), Financial Services (4 deals).
Q5. What is the largest recent deal in Estonia and how much total funding has been raised this year?
The largest deal was Sunly (Series Unknown) at $67,700,000; total funding raised in Estonia so far this year is $174,671,800.
