Modularbank, the Estonian-founded next-generation core banking platform today announced its €4 million round of late Seed Funding to pave the way for UK, European and wider global expansion and further invest in its technology platform.

.. but:
a) it doesn’t really matter to us.
b) it was Estonians who turned the founders’ vision into reality.
 
As Estonia’s largest tech conference Latitude59 approaches, we have taken something known as the ‘sauna state of mind’, opening up about taboo subjects, and uncovering the naked truths about startups, tech, investing, and doing business in Estonia.

Researchers at the University of Tartu have developed a smart cancer treatment that is based on a novel carrier peptide which, when injected into blood vessels, seeks out cancer cells and leaves healthy tissue undamaged.

Another stellar success story of ecosystem productivity and network effect — 14 out of 30 fastest-growing startups in Eastern Europe are from Estonia.

German DefenceTech startup Helsing has raised €450M, planning to make Estonia a focus point of its future €70M expansion to the region.

With an EV boom across the region, Eleport is gearing up new funds to add 800 chargers in 2024 across Baltics and Poland with new markets already in sight.

Estonian startup Woola secures €2.5 million in funding to transform underutilised sheep wool into an eco-friendly alternative to plastic.

Estonian RegTech firm Salv raises €4M in seed extension to boost worldwide efforts in financial crime prevention.

Estonia, a leader in EV infrastructure, now has private companies like Enefit VOLT, Eleport, and Alexela, who are not only expanding the network but also introducing cutting-edge technologies.

In Estonia, scientists and investors from France, the United States, and local talents came together with a common mission: to make a breakthrough in Parkinson’s disease treatment.

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.

A breathtaking sunset bathes Estonia’s skyline, mirroring the country’s meteoric rise in the realm of DeepTech and breaking records in AI startup creation and generative AI investments.