Ecosystem
Estonia
€20.0MCapital tracked
8Disclosed rounds
11Funds deploying
9Startups tracked
Estonia, in numbers
Sesamers round tracker · disclosed rounds only · EUR-converted
Capital by sector
Fintech31%
Unclassified23%
Climate20%
SaaS15%
Other10%
Capital by quarter (€M)
Rounds by stage
Source: Sesamers round tracker · full data desk →
Startups in Estonia
From the directory
Who invests here
Funds with a verified round in this hub · most active first
PhotonVentures
Seed–Series A · Semiconductors
Led 1 of 1 round tracked in Estonia. PhotonVentures is a Dutch fund based in Hilversum that invests in photonics…
Ticket undisclosed
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JOIN Capital
Series A
Led 1 of 1 round tracked in Estonia. Join Capital invests early in European deeptech and dual-use companies, across defence…
Ticket undisclosed
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Superhero Capital
Pre-seed–Seed · Venture capital
Led 1 of 1 round tracked in Estonia. Superhero Capital is a Helsinki-based seed investor backing software-driven startups in the…
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Programs in Estonia
Open calls first
Latitude59 Pitch Competition 2027
Competition
EUR 400,000+ investor pool · Investment terms set by participating funds
Upcoming
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sTARTUp Day – sTARTUp Pitching 2026
Competition
Prize pool worth over EUR 500,000, including an EstBAN-led syndicate investment of up to EUR 200,000, up to EUR 200,000 deep tech investment from BSV, EUR 10,000 equity-free cash from Swedbank, legal support and cloud credits; the TOP30 get pitch training and the top five pitch on the main stage · None for the cash and service prizes; the EstBAN and BSV awards are investments negotiated with the startup
Upcoming
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T2
TechTrack 2025
Competition
No cash; incubation and trips · none
Dates not announced
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