Investments (#)


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.

    Recent transactions - Estonia

    Funding round Date
    UP Catalyst OÜ
    Developer of battery materials from CO2 emissions.
    battery materials, batteries, carbon nanotubes (CNT), graphite, molten salt electrolysis
    Seed
    EUR 2,360,000
    21 Aug 2024
    UP Catalyst OÜ
    Developer of battery materials from CO2 emissions.
    battery materials, batteries, carbon nanotubes (CNT), graphite, molten salt electrolysis
    Seed
    EUR 4,000,000
    Dec 2023
    Bolt Technology OÜ
    Ride-hailing company.
    N/A
    USD 713,000,000 (USD 713,000,000) at USD 4,750,000,000 (USD 4,750,000,000) valuation.
    2 Aug 2021
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Acquisition
    12 Nov 2020
    Salv
    Anti-money laundering startup founded by former TransferWise and Skype employees.
    fintech
    Seed
    USD 2,000,000 (USD 2,000,000)
    3 Dec 2019
    Deneum OU
    fusion energy
    Initial Coin Offering
    USD 1,000,000 (USD 1,000,000)
    28 Aug 2018
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Series C
    USD 50,000,000 (USD 50,000,000) at USD 250,000,000 (USD 250,000,000) valuation.
    14 Jun 2018
    ZeroTurnaround OÜ
    Developer of software to improve productivity of Java.
    Acquisition
    31 Dec 2017
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Series B
    USD 17,000,000 (USD 17,000,000)
    18 Jan 2017
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Series A
    USD 9,000,000 (USD 9,000,000)
    31 Dec 2015
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Seed
    USD 2,400,000 (USD 2,400,000)
    18 Sep 2013
    'Rock' Your Paper
    Seed
    USD 40,000 (USD 40,000)
    9 Aug 2012
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Seed
    USD 1,000,000 (USD 1,000,000)
    31 Jul 2012
    Pipedrive
    software-as-a-service (SaaS), VC tech stack, customer relationship management (crm)
    Seed
    1 Oct 2011
    ZeroTurnaround OÜ
    Developer of software to improve productivity of Java.
    N/A
    25 Jul 2011
    United Dogs and Cats
    Series A
    1 Jun 2009

    Best funded companies in Estonia





    Ride-hailing company.





    Anti-money laundering startup founded by former TransferWise and Skype employees.

    Investment themes:




    Investment themes:




    Developer of battery materials from CO2 emissions.





    Fully compliant crypto and banking infrastructure for Europe.

    Investment themes:




    Provider of crowdsourced and professionally curated research, price analysis, and crypto market-moving news.





    Investment and advisory firm dedicated to seeking out early stage blockchain startups to help accelerate their growth.

    Investment themes:




    Investment firm that is funding, supporting, and advising ambitious cryptocurrency startups from seed to beyond.

    Investment themes:




    Developer of smart trading terminal and crypto trading bots.





    Web platform to accelerate science.

    Investment themes:




    Early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors.





    A private equity fund management company investing in large and medium-sized companies in Estonia, Latvia and Lithuania


    Top investors - Estonia

    Profile Country Investments
    Rembrandt Venture Partners United States 4
    AngelPad United States 4
    Bessemer Venture Partners Early stage venture capital firm. United States 3
    Atomico Ventures United Kingdom 2
    Paua Ventures Venture capital investor based in Berlin focusing on early-stage and seed investments. Germany 2
    TMT Investments PLC Jersey 2
    Passion Capital LLP Early stage venture capital firm based in London. United Kingdom 1
    Uncorrelated Ventures Venture capital firm focused on infrastructure software. United States 1
    D1 Capital Partners LP Hedge fund manager United States 1
    G Squared Equity Management LLC Global growth stage venture capital firm. United States 1
    Satori Capital LLC Texas-based multi-strategy investment firm founded upon the principles of conscious capitalism. United States 1
    Estonian Development Fund Estonia 1
    CapMan Oyj Finland based private equity find management company which makes both direct and fund of funds investments Finland 1
    Sequoia Capital Operations LLC Venture capital firm. United States 1
    Alameda Research LLC Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. United States 1
    Andy McLoughlin 1
    Fly Ventures Management GmbH Germany 1
    Bain Capital Venture Partners LLC Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital. United States 1
    Ghisallo Capital Management 1
    Stillmark Bitcoin-focused venture capital firm. United States 1
    Fresco Capital 1
    Seedcamp Investments LLP Early stage mentoring and investment programme for European startups. United Kingdom 1
    The Bancroft Group LP United States 1
    Warsaw Equity Group Private equity firm investing in media and new technologies. Poland 1
    Suprema Securities AS Estonia 1
    Naya 1
    Insight Venture Management LLC Private equity and venture capital firm focused on the global software, internet and data services industries. United States 1
    Monashees Partners 1
    Start-up Chile 1
    SITRA Independent public fund which, under the supervision of the Finnish Parliament, promotes the welfare of Finnish society Finland 1
    Tekne Capital 1
    CV VC AG Private company based in Zug which invests in all stages of the crypto and blockchain growth cycle. Switzerland 1
    Storm Ventures LLC Venture capital firm focused solely on early-stage enterprise investments. United States 1

    Top acquirers - Estonia

    Profile Country Investments
    Vista Equity Partners Private equity firm focused on investing in software and technology-enabled businesses. United States 1
    Rogue Wave Software Inc Provider of cross-platform software development tools. United States 1

    Estonia industry map

    fintech

    See all fintech
    accelerators

    See all accelerators
    cryptocurrency trading
    software-as-a-service (SaaS)
    carbon nanotubes (CNT)
    VC tech stack
    onchain VC

    See all onchain VC
    batteries

    See all batteries
    customer relationship management (crm)
    blockchain analytics
    analytics

    See all analytics
    financial APIs
    fusion energy
    battery materials
    science

    See all science
    graphite

    See all graphite
    molten salt electrolysis
    algorithmic trading