Estonian unicorn Playtech, one of the leading online gaming software suppliers in the world, will be sold to Australian company Aristocrat Leisure for €3.2 billion.

Estonian startups are crushing it in 2024, with €302.7M in investments, €2.7B in revenue, and DeepTech on the rise.

The startup scene in Estonia’s second city is booming with over €100M in turnover and 2000+ jobs, as the not-so-sleepy university town becomes the country’s latest tech hotspot.

Estonia’s startups weather the storm and maintain job stability in the tech sector, says the latest Startup Estonia report. The inflow of top, high-quality talent continues, powering the next unicorn stories.

Estonia’s startup scene is still gaining momentum — a new report by Startup Estonia shows record-breaking turnover and job growth in the first half of 2024.

Famous as an academic city, Tartu is now doubling as an innovation hotbed. Its startup scene experienced a promising growth in 2023, with an increase in revenue, a strong employment rate, and record tax contributions.

Tallinn provides a developed ecosystem for many different activities, including a strong ecosystem needed for IT and other tech companies, startups, services and creative activities.

Ericsson, the communication technology giant, is set to make Estonia the next-generation smart R&D & manufacturing hub of its European operations with a €150M investment.

Estonia’s startup ecosystem has made the biggest jump and ranks 10th in the world, reports Startup Genome, highlighting Estonia’s business environment and its recent successes in unicorn building and exits.

Estonia has maintained its position as the country with the most competitive IT sector in the Emerging Europe region for two years in a row, thanks to its startup ecosystem, policy front, and highly profitable business climate.

sTARTUp Day’s bold ice-hole pitching competition tested the courage and willpower of founders and awarded the most promising ideas with a half million euros.

Estonia is a world leader in unicorns per capita. Here is a full list of 10 magnified unicorns born in Estonia or founded by Estonians.