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Top investment news from Estonia

November 2020 was the month when the fifth unicorn - Pipedrive - was born in Estonia. And Estonia's unicorn factory is working at full speed to build the next one! It’s quite possible that the next unicorn will come from CyberTech sector as the cybersecurity is not a rocket science for Estonian CyberTech companies. If everything goes as planned, in addition to success on Earth, they will conquer Space.

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

Pipedrive, the leading CRM platform for sales and marketing teams, in November 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.

This makes Pipedrive Estonia’s 5th startup unicorn after Skype, PlayTech, TransferWise and Bolt, bolstering Estonia’s status as the world leader in unicorns per capita.

Estonian companies signed the first big contract in the field of space cybersecurity

Three Estonian companies, specialized in Space, CyberTech or IT, have joined their forces to develop a cyber defense satellite operations simulator and signed a cybersecurity contract with the European Space Agency (ESA) to strengthen the rapidly growing space sector against cyberattacks.

How the world’s leading blockchain company Guardtime turns trust into digital truth from its Tallinn office

Based on the world’s leading position in the field of cyber security, doors are open for Estonia in every branch of the economy, from space sector to healthcare. Estonia’s cybersecurity flagship Guardtime offers world-class digital security and is a valued partner for the European Space Agency (ESA) and the World Health Organisation (WHO).

World-class IT R&D in Estonia: Cybernetica creates IT-solutions that just cannot fail

Estonian IT company Cybernetica, that has developed the Estonian e-elections system and played the most integral role in the creation X-Road, recently invented a unique tokenless authentication system SplitKey, which – based on the company’s previous successes – just cannot fail.

Estonian-founded ultracapacitor producer Skeleton Technologies receives €41.3 million of investment

Tesla-rival Skeleton Technologies, the European largest manufacturer of ultracapacitor-based energy storage, received €41.3 million of investment, which is one of the top five funding rounds for the CleanTech sector in Europe this year.

First public 5G network launched in Estonia

Telia launched a commercial 5G network in Estonia. The new network is available in three of the country’s largest cities; Tallinn, Tartu, and Pärnu and will be expanded to 20 locations by the end of the year.

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