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Top investment news from Estonia

The most read investment news from 2020 reveal that investments continued to flow to Estonia despite of COVID-19 virus spread. Estonia’s advanced digital capabilities and the prevailing can-do attitude are playing a major role here.
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“We Estonians don’t know how to just stay still and do nothing in the midst of a crisis – we act and we hack!”

In the beginning of COVID-19 spread, Estonian-based Garage48 together with the programme Accelerate Estonia put together an online hackathon in record time, in order to tackle the coronavirus pandemic crisis and emerge from it stronger than ever. At the time, no one could imagine that soon after the first event, they would be organising another with a global reach.

Estonian-built self-driving buses going international: starting work in Finland, Greece to follow

Estonia’s self-driving vehicle producer Auve Tech and Finland’s leading operator of autonomous vehicles Roboride started operating in Finland’s city of Tampere. Later, operations in Greece followed.

Estonian cybersecurity training platform RangeForce raised $16 million to accelerate global growth

RangeForce, the Estonian cloud-based cybersecurity training platform, closed an investment round of $16M to accelerate the company’s global growth. The company focuses on helping enterprises to build highly skilled cybersecurity teams.

 

World leader in number of unicorns per capita, Estonia, gained yet another unicorn: Pipedrive

Pipedrive, the leading CRM platform for sales and marketing teams, announced it has signed an agreement to receive a majority investment from Vista Equity Partners, a leading global investment firm focused on enterprise software, data and technology-enabled businesses.

Estonian digital nomad visa welcomes remote workers

According to Forbes, since Covid-19, the number of people who can work from anywhere has increased and now so called ‘work tourism’ is a far bigger market. Estonia is now luring these people, offering working visas as well as travel opportunities to neighbouring countries.  Last week, Tallinn, the capital of Estonia, was named the world’s best city for remote workers by Big 7 Travel thanks (at least in part) to the country’s digital nomad visa.

Estonia launched a unicorn matching tool for investors – and predicted which startups will next reach a billion dollar valuation

Estonia, the leader in startup unicorns per capita, is sharing hints from leading founders and investors about which of its startups are likely to be the next unicorn valued at more than $1 billion. Estonia is also accelerating production at its ‘unicorn factory’ by launching a new automated tool by Invest Estonia to match investors with potential unicorns.

According to the President of the Republic of Estonia, Kersti Kaljulaid, the sixth Estonian unicorn is already hatching.

Want to invest in a startup that could be the next unicorn? Just step inside Estonia’s unicorn factory and find your perfect startup match!


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