Skip to main content
Tech.euFundingExplorerBeta

Estonia startup funding in Q1 2014

European tech funding raised by Estonia startups during Q1 2014.

In Q1 2014, 18 startups in Estonia closed 20 funding rounds and raised €25M in equity funding (excluding debt and grants), up 69.0% versus Q1 2013. Debt rounds added €649k. Software was the most active sector, and SmartCap was the most active investor. Data as of 6 Nov 2026.

Equity funding
€25M
+69.0% vs Q1 2013 · excl. debt & grants · +€649k debt
Funding rounds
20
+900.0% vs Q1 2013
Companies
18
Top sector
Software
Rank in Europe
#12
1.3% of European funding
Debt financing
€649k
2.5% of total
Top-10 round share
93.1%
of disclosed capital

Funding by month

€ raised vs rounds, by month
Estonia — funding by month, Q1 2014 — interactive chart.
Data table
FundingRounds
Jan€8.6M12
Feb€2.1M6
Mar€15M2

Top sectors

by € raised
Estonia — top sectors by capital, Q1 2014 — interactive chart.
Data table
Estonia — top sectors by capital, Q1 2014
Fintech€16M
Software€5.2M
Gaming€1.3M
Healthtech€664k
Cybersecurity€600k
Media€508k
Agritech€500k
Sports€300k

Stage mix

by € raised
Estonia — stage mix, Q1 2014 — interactive chart.
Data table
Estonia — stage mix, Q1 2014
Early VC€15M
Other€8.5M
Seed€1.8M
Debt€649k

Top deals

largest disclosed rounds in Q1 2014
CompanyStageDateAmount
AASA GlobalEarly VCMar 2014€15M
Yoga.eeOtherJan 2014€2.3M
ZeroTurnaroundOtherJan 2014€2.2M
Relax GamingOtherJan 2014€1.3M
PlanetOSOtherJan 2014€715k
SelfDiagnosticsDebtFeb 2014€649k
DefendecOtherFeb 2014€600k
Leaf Media GroupSeedJan 2014€508k
FunderbeamOtherFeb 2014€500k
VitalFieldsSeedJan 2014€500k
cloutexSeedJan 2014€435k
FleepSeedMar 2014€360k
FleepOtherJan 2014€340k
SportlyzerOtherJan 2014€300k
WheretogoappOtherFeb 2014€125k

Top investors

most active in Q1 2014, by deal count