European tech funding raised by Estonia startups during Q1 2021.
In Q1 2021, 17 startups in Estonia raised a combined €123M across 17 funding rounds, up 68.0% versus Q1 2020. Software was the most active sector, and Change Ventures was the most active investor. Data as of 9 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Skeleton Technologies | Other | Mar 2021 | €51M |
| Bolt | Debt | Mar 2021 | €20M |
| Starship Technologies | Other | Jan 2021 | €14M |
| Scoro | Series B | Mar 2021 |
1 exit.
| €14M |
| Katana | Other | Feb 2021 | €9.1M |
| Blackwall (formerly BotGuard) | Other | Feb 2021 | €5.0M |
| INZMO | Seed | Jan 2021 | €3.0M |
| Hepta Airborne | Seed | Feb 2021 | €2.0M |
| Promoty | Other | Mar 2021 | €1.2M |
| U24 Solutions | Other | Feb 2021 | €1.0M |
| R8tech | Seed | Jan 2021 | €900k |
| Vok Bikes | Other | Jan 2021 | €800k |
| Avokaado | Other | Feb 2021 | €700k |
| Postoplan.App | Other | Feb 2021 | €459k |
| Mygames | Other | Feb 2021 | €100k |