Estonia
European tech funding profile
Total funding
€7.2B
disclosed, € normalized
Funding rounds
624
Companies
379
Named investors
792
Exits
51
Funding over time
2010–2026 · 2026 YTD — € raised vs roundsTop sectors
by deal countStage mix
by € raisedTop deals
largest disclosed roundsTop investors
named, by deal count| Startup Wise Guys | 34 |
| Change Ventures | 22 |
| SmartCap | 21 |
| Specialist VC | 18 |
| Tera Ventures | 16 |
| Jaan Tallinn | 14 |
| Karma Ventures | 13 |
| Superangel | 12 |
| Lemonade Stand | 11 |
| Enterprise Estonia | 11 |
Top cities
by € raised| Tallinn | €4.9B | 412 | |
| London | €1.4B | 14 | |
| Tartu | €441M | 43 | |
| Tallin | €240M | 20 | |
| Talinn | €40M | 11 | |
| Manassas | €32M | 4 | |
| Tartumaa | €24M | 7 | |
| Viljandi | €15M | 4 |