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Estonian Startup Awards 2025 show an AI comeback and DefenceTech momentum
- News
Veriff tops $100M revenue and turns profitable; KrattWorks posts 26x growth. The 2025 Estonian Startup Awards signal a lean, resilient ecosystem.

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Estonian scale-up Bolt reaches €2B in turnover
- News
Record-breaking year for Estonian unicorn Bolt: €2B revenue, now covering more than 50 countries and 600 cities.

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Estonian DefenceTech startup raises €5.57M to build smarter drones
- News
Lendurai develops drones that can fly without GPS and work even under jamming. Built in Estonia using European components.

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Estonian DeepTech sector surges past €100M revenue mark
- News
Estonian DeepTech sector hits €100M revenue milestone, led by defence innovators, AI, and new energy.

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PM Michal to Newsweek: Estonia’s edge lies in smart AI use
- News
In January, Estonia announced it had reached 100 percent digitisation in government services. In March, the country launched a programme to provide educators and teachers with AI-based tools. Prime Minister Michal explained the next steps to Newsweek.

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Estonia’s Bolt expands into Denmark with its first-ever acquisition
- News
Estonian unicorn Bolt makes first-ever acquisition, buying Danish EV taxi startup Viggo to grow in #Denmark’s regulated market.

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Estonia’s e-commerce sector posts record turnover
- News
Estonia’s e-commerce now powers 25% of all trade—outpacing global averages and still growing at double digits rate.

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The final call: as Skype winds down, its legacy lives in Estonia’s ecosystem
- News
A small team of Estonian developers created Skype in 2003. Two decades and many unicorns later, it’s shutting down – but its impact on Estonia’s tech ecosystem is permanent.

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Estonian startups hit €3.9B revenue mark as DeepTech takes centre stage
- News
Estonia’s startup sector defies global headwinds with €3.9B in revenue, while DeepTech emerges as the new spotlight, capturing 63% of investments.

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Estonian Startup Awards 2024 show the rise of DefenceTech
- News
Estonia’s DefenceTech sector stole the show at the Estonian Startup Awards 2024, with Frankenburg Technologies and DefSecIntel Solutions claiming 4 out of 11 awards.

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Estonian Bolt among top 10 most valuable European startups
- News
Made in Tallinn, Bolt joins Europe’s elite with €7.4B valuation, ranking 9th among most valuable startups.

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Estonian startup sector reports record numbers through Q3 2024
- News
Estonian startups are crushing it in 2024, with €302.7M in investments, €2.7B in revenue, and DeepTech on the rise.

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