11.08.2025

Deal |

2025

Estonian CleanTech Bisly raises €4.3 million to accelerate expansion of AI-powered building automation across Europe

Founded: 2018

Investment Raised: EUR 4.3m €

Valuation Remains Undisclosed

Investors: 2C Ventures, Aconterra, Pinorena Capital, SmartCap

04.08.2025

Deal |

2025

ProNova Solutions Secures $13.5M Seed Round to Revolutionize Accessible Proton Therapy for Cancer Patients Worldwide

Founded: 2025

Investment Raised: USD 18.5m €

USD 120m

Valuation

Investors: Swiss DeFi Fund

14.03.2025

Deal |

2025

Estonia-based Blackwall raises €45 million Series B to protect SMBs from malicious online traffic

Founded: 2019

Investment Raised: EUR 45m €

Valuation Remains Undisclosed

Investors: Dawn Capital, Expeditions Fund, MMC Ventures

13.03.2024

Deal |

2024

Tallinn-based BotGuard OÜ raises €12 million Series A to defend SMEs against malicious bot armies

Founded: 2019

Investment Raised: EUR 12M €

Valuation Remains Undisclosed

Investors: MMC Ventures (http://www.mmc.vc)

06.11.2023

Deal |

2023

Estonian Coolbet co-founder launches Sisu Group, secures €14 million in funding

Founded: 2022

Investment Raised: 14M EUR €

Valuation Remains Undisclosed

Investors: Level Up Entertainment (https://levelupentertainment.com/)

12.09.2023

Deal |

2023

Estonian startup Binalyze raises $19M in Series A funding

Founded: 2020

Investment Raised: USD 19M €

Valuation Remains Undisclosed

Investors: undefined

12.06.2023

Deal |

2023

Estonian greentech Sunly secures €30M of fresh capital from EBRD

Founded: 2019

Investment Raised: EUR 30M €

Valuation Remains Undisclosed

Investors: European Bank for Reconstruction and Development (https://www.ebrd.com/home)

13.10.2022

Deal |

2022

Katana Closes $35M Series B to Scale an Industry-Leading Manufacturing Ecosystem for SMBs

Founded: 2017

Investment Raised: USD 35M €

Valuation Remains Undisclosed

Investors: 42CAP (https://www.42cap.com/) Atomico (https://atomico.com/) Lightrock (https://www.lightrock.com/) Northzone (https://northzone.com/) Ott Kaukver Sergei Anikin Sten Tamkivi

20.07.2022

Deal |

2022

Estonian roofing startup Solarstone grabs €10 million

Founded: 2015

Investment Raised: EUR 10M €

Valuation Remains Undisclosed

Investors: Biofuel OÜ

15.06.2022

Deal |

2022

Estonia’s NFTPort has raised $26 million, and fundamentally changed my opinion of NFTs

Founded: 2019

Investment Raised: USD 26M €

Valuation Remains Undisclosed

Investors: Atomico (https://atomico.com/) Balaji Srinivasan IDEO CoLab Ventures (https://www.ideocolab.com/) Jaynti Kanani Jutta Steiner Ott Kaukver Protocol Labs (https://protocol.ai/) Sparkle Ventures (https://www.sparkleventures.vc/) Taavet+Sten (https://taavetsten.com/)

26.01.2022

Deal |

2022

Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

Founded: 2015

Investment Raised: USD 100M €

USD 1.4B

Valuation

Investors: Accel (https://www.accel.com/) Alkeon Capital (https://www.alkeoncapital.com/) Institutional Venture Partners (https://www.ivp.com/) Tiger Global Management (https://www.tigerglobal.com/)

17.01.2022

Deal of the Week |

Calendar Week # 4 |

2022

Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

Founded: 2015

Investment Raised: USD 100M €

USD 1.4B

Valuation

Investors: Accel (https://www.accel.com/) Alkeon Capital (https://www.alkeoncapital.com/) Institutional Venture Partners (https://www.ivp.com/) Tiger Global Management (https://www.tigerglobal.com/)

11.01.2022

Deal |

2022

Bolt has raised €628 million in a Series F funding round, giving it a claimed valuation of €7.4 billion.

Founded: 2013

Investment Raised: EUR 628M €

EUR 7.4B

Valuation

Investors: D1 Capital Partners (https://www.bloomberg.com/profile/company/1641624D:US) Fidelity Management and Research Company G Squared (https://gsquared.com/) Ghisallo Partners (https://www.crunchbase.com/organization/ghisallo-partners) Owl Rock Capital (https://www.owlrockcapitalcorporation.com/)

20.12.2021

Deal of the Week |

Calendar Week # 52 |

2021

Ready Player Me, a metaverse avatar platform, raises $13M in funding

Founded: 2020

Investment Raised: USD 13 M €

Valuation Remains Undisclosed

Investors: Taavet+Sten (https://taavetsten.com/) Konvoy Ventures (https://www.konvoy.vc/) NordicNinja (https://nordicninja.vc/) and Tom Preston-Werner

14.07.2021

Deal |

2021

RedStone raises $525K in Funding

Founded: 2020

Investment Raised: USD 252K €

Valuation Remains Undisclosed

Investors: Maven 11 Capital Arweave (https://www.arweave.org/) Collider Ventures (https://www.collider.vc/) KR1 (https://kr1.io/) 1kx Bering Waters Ventures (https://beringwaters.com/)

11.03.2021

Deal |

2021

Estonian Instagram Influencer Marketplace Promoty raises EUR 1.2M

Founded: 2017

Investment Raised: USD 1.2M €

Valuation Remains Undisclosed

Investors: Vijay Sharma Pierre-Louis Raust Madis Müür Kristjan Raude Jose Ernesto Suarez

23.02.2021

Deal |

2021

Tallinn-based startup Katana has raised USD 16M to date and will add Atomico partner Ben Blume to its board

Founded: 2017

Investment Raised: USD 11M €

Valuation Remains Undisclosed

Investors: Atomico (https://www.atomico.com/) 42Cap (https://www.42cap.com/) Ott Kaukver Sten Tamkivi Kairi Pauskar