Ecosystem

Probably the best startup ecosystem in Europe

(Definitely the best in Estonia)

The Power of Our Community

€419M
payroll taxes paid in 2024
€5.2B
funding raised 
16600
people employed in tech, ~2.4% of workforce
€4.5B
revenues generated in 2024

Our ambition: 30% of Estonian GDP from tech sector by 2030


Vision 2030
40% 30% 20% 10%
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
1200 startups.   €1.8bn revenue 10,000 jobs
€ 9.3 billion
50,000 employees
EE Employees
% EE GDP

Key players in the Ecosystem

Startup Estonia

Government initiative to empower startup ecosystem

Garage48

Hackathon series in Estonia and Eastern-Europe

Lift99

Co-growing spaces in Tallinn & Kiyv

Tehnopol

Incubator and events, Tallinn

EstBAN

EstVCA

Key Startup and Tech Events in Estonia

Latitude59

Startup conference

sTARTUp Day

Startup conference, Tartu

Robotex

Worlds biggest robotics festival

Useful Resources

Estonian Startups Database

1400+ startups

Estonian Startup Funding spreadsheet

since 2006

Quarterly Revenues & Payroll Taxes

Estonian entities

Technology news

by EstonianWorld

Estonian Tech news

by TechCrunch

Estonian Tech news

by Sifted

Estonian Startup News

by Startup Europe

VCs in Estonia

Specialist

Tera Ventures

Change Ventures

Gobeyond Capital

Karma.VC

Lemonade Stand

Plural

Skaala

2C Ventures

Superangel

Nordic Ninja

Trind

Siena Secondary Fund

Darkstar

Archangel
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