European tech funding raised by Estonia startups during 2023.
In 2023, 54 startups in Estonia raised a combined €516M across 65 funding rounds. Cleantech was the most active sector, and Startup Wise Guys was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Skeleton Technologies | Debt | Oct 2023 | €108M |
| Planet42 | Debt | Feb 2023 | €80M |
| Skeleton Technologies | Other | Mar 2023 | €51M |
| Elcogen | Other | Oct 2023 | €45M |
| Sunly |
| Other |
| Jun 2023 |
| €30M |
| Icosagen | Debt | Feb 2023 | €18M |
| Binalyze | Series A | Sep 2023 | €18M |
| RangeForce | Other | Feb 2023 | €17M |
| Planet42 | Other | Feb 2023 | €14M |
| Sisu Group | Other | Nov 2023 | €14M |
| QANplatform | Other | Dec 2023 | €14M |
| RAIKU | Other | Nov 2023 | €8.8M |
| Roofit.Solar | Other | Mar 2023 | €6.5M |
| Arbonics | Seed | Dec 2023 | €5.5M |
| eAgronom | Other | Jun 2023 | €5.0M |
