Estonia startup funding in 2013
European tech funding raised by Estonia startups during 2013.
In 2013, 14 startups in Estonia closed 17 funding rounds and raised €29M in equity funding (excluding debt and grants). Software was the most active sector, and Jaan Tallinn was the most active investor. Data as of 6 Nov 2026.
Equity funding
€29M
excl. debt & grants
Funding rounds
17
Companies
14
Top sector
Software
Estonia: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2011 | €1.9M | -77.7% | 5 | +66.7% | — |
| 2012 | €1.4M | -24.7% | 5 | +0.0% | — |
| 2013 | €29M | +1962.6% | 17 | +240.0% | — |
Rank in Europe
#16
0.6% of European funding
Top-10 round share
98.1%
of disclosed capital
Funding by month
€ raised vs rounds, by monthEstonia — funding by month, 2013 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Feb | €7.4M | 1 |
| Mar | €7.6M | 1 |
| Apr | €2.3M | 2 |
| May | €6.2M | 2 |
| Jul | €555k | 4 |
| Aug | €411k | 2 |
| Sep | €2.7M | 2 |
| Oct | €100k | 1 |
| Nov | €2.0M | 2 |
Top sectors
by € raisedEstonia — top sectors by capital, 2013 — interactive chart.
Data table
| Estonia — top sectors by capital, 2013 | |
|---|---|
| Fintech | €15M |
| Semiconductors | €7.6M |
| Software | €5.5M |
| Marketing | €2.5M |
| Energy | €2.2M |
| Cleantech | €2.2M |
| Edtech | €637k |
Stage mix
by € raisedEstonia — stage mix, 2013 — interactive chart.
Data table
| Estonia — stage mix, 2013 | |
|---|---|
| Series A | €12M |
| Series C | €7.6M |
| Seed | €5.9M |
| Early VC | €2.2M |
| Series B | €1.6M |
Largest equity rounds
by disclosed amount, 2013Top investors
most active in 2013, by deal count- Jaan Tallinn2 deals
- Index Ventures2 deals
- Right Side Capital Management2 deals
- IA Ventures1 deals
- Intel Capital1 deals
- Kaidi Ruusalepp1 deals
- Kima Ventures1 deals
- Priit Kasesalu1 deals
- Redpoint Ventures1 deals
- Rembrandt Venture Partners1 deals
Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology