European tech funding raised by Estonia startups during H1 2023.
In H1 2023, 24 startups in Estonia raised a combined €253M across 26 funding rounds, down 74.7% versus H1 2022. Cleantech was the most active sector, and Enterprise Estonia was the most active investor. Data as of 9 Jul 2026.
7 exits · €42M disclosed.
| Funderbeam | Acquisition | May 2023 | €36M |
| Ignium | Acquisition | Feb 2023 | €4.0M |
| Voog | Acquisition | May 2023 | €1.3M |
| €18M |
| RangeForce | Other | Feb 2023 | €17M |
| Planet42 | Other | Feb 2023 | €14M |
| Roofit.Solar | Other | Mar 2023 | €6.5M |
| eAgronom | Other | Jun 2023 | €5.0M |
| LiTech | Seed | Mar 2023 | €5.0M |
| Blocktrade | Other | May 2023 | €4.5M |
| Salv | Seed | Jan 2023 | €4.0M |
| Vok Bikes | Seed | Jun 2023 | €3.8M |
| Elmo | Other | Apr 2023 | €2.6M |
| Grünfin | Other | Jan 2023 | €2.0M |
| Change Group | Other | Apr 2023 | €2.0M |
