European tech funding raised by Estonia startups during 2025.
In 2025, 53 startups in Estonia raised a combined €476M across 58 funding rounds. Software was the most active sector, and Specialist VC was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Sunly | Other | Aug 2025 | €85M |
| Sunly | Debt | Mar 2025 | €62M |
| Milrem Robotics | Other | Jul 2025 | €50M |
| Pactum | Series C | Jun 2025 | €47M |
| Blackwall (formerly BotGuard) |
| Series B |
| Mar 2025 |
| €45M |
| Starship Technologies | Other | Oct 2025 | €43M |
| UP Catalyst | Debt | Apr 2025 | €18M |
| Katana | Series B | Oct 2025 | €14M |
| Stargate Hydrogen | Series A | Mar 2025 | €11M |
| Creditstar | Debt | Oct 2025 | €8.6M |
| Wayren | Growth/Late | May 2025 | €7.9M |
| Lendurai | Seed | Jun 2025 | €5.6M |
| Vok Bikes | Series A | Jul 2025 | €5.1M |
| Elcogen | Other | Jan 2025 | €5.0M |
| Bisly | Other | Aug 2025 | €4.3M |
