European tech funding raised by Estonia startups during Q1 2023.
In Q1 2023, 14 startups in Estonia raised a combined €200M across 15 funding rounds, down 77.8% versus Q1 2022. Cleantech was the most active sector, and Startup Wise Guys was the most active investor. Data as of 9 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Planet42 | Debt | Feb 2023 | €80M |
| Skeleton Technologies | Other | Mar 2023 | €51M |
| Icosagen | Debt | Feb 2023 | €18M |
| RangeForce | Other | Feb 2023 |
3 exits · €4.0M disclosed.
| Ignium | Acquisition | Feb 2023 | €4.0M |
| €17M |
| Planet42 | Other | Feb 2023 | €14M |
| Roofit.Solar | Other | Mar 2023 | €6.5M |
| LiTech | Seed | Mar 2023 | €5.0M |
| Salv | Seed | Jan 2023 | €4.0M |
| Grünfin | Other | Jan 2023 | €2.0M |
| VOOL | Seed | Feb 2023 | €1.7M |
| AIO | Other | Feb 2023 | €1.0M |
| Nanordica Medical | Seed | Feb 2023 | €375k |