Following our series of country articles, today we turn our focus to Estonia’s growing innovation landscape, exploring the forces shaping its startup ecosystem and the momentum behind a new generation of tech-driven companies.
Estonia, a small Nordic-Baltic nation with a strong digital-first mindset, has built a global reputation as one of Europe’s most startup-friendly environments. Known for its e-government infrastructure, e-residency programme, and early success stories such as Skype and Wise, the country continues to punch well above its weight.
In this article, we take a closer look at the Estonian entrepreneurial landscape by highlighting 10 exceptionally promising startups, all founded between 2023 and today!
Founded in 2023 in Tallinn, BetterPic is an AI-powered platform that enables individuals and teams to generate professional, studio-quality headshots without the need for a traditional photoshoot. Users upload a small number of selfies and select from more than 150 visual styles, with the system delivering photorealistic 4K images in under an hour.
To date, the startup has landed €2.1 million in funding to combine automated generation with optional AI and human editing tools, allowing users to fine-tune elements such as clothing, backgrounds, and facial details, placing strong emphasis on privacy and data protection, with images encrypted, never used for AI training, and permanently deleted after delivery
Established in 2024 and headquartered in Tallinn, Frankenburg Technologies is a defence technology startup developing air defence and missile systems for national defence and critical infrastructure. The company focuses on reducing cost and production time by designing systems that can be manufactured faster and at larger scale than conventional defence solutions, while remaining suitable for real-world deployment.
Its technology combines missile system design with an AI-based situational awareness and targeting platform intended to improve threat detection and response. The team draws on experience from defence policy, air defence engineering, and large-scale manufacturing, and operates across several European countries. To date, Frankenburg Technologies has raised €5.5 million to support product development and expand its engineering and production capabilities.
Founded in 2023 and based in Tallinn, Grid Raven develops a software-only Dynamic Line Rating solution that enables electricity grid operators to increase transmission capacity without installing additional hardware. By analysing weather conditions and line behaviour in real time, the platform allows operators to safely unlock additional capacity on existing infrastructure and improve grid reliability.
The company’s system relies on high-resolution wind forecasting that accounts for local landscape features and provides probabilistic confidence levels for operational planning. Its technology is used by grid operators for both day-ahead planning and real-time control room operations, supporting renewable energy integration and reducing curtailment. To date, they have secured €6.3 million to date to scale deployments across European and international power networks.
Founded in Tallinn in 2023, MarkeDroid develops an AI-powered energy management platform designed to optimise how electricity is produced, stored, and traded across residential, commercial, and industrial sites. The platform connects assets such as solar panels and batteries to a cloud-based virtual power plant, using forecasts and consumption data to determine when it is most efficient to buy, sell, or store energy.
The system enables site owners to participate in energy flexibility markets, helping reduce costs, improve returns on renewable energy investments, and limit exposure to negative electricity prices. Now active in more than 12 European countries, MarkeDroid has raised €920k to date to expand its technology, partnerships, and geographic footprint as decentralised energy systems continue to scale.
Launched in 2024, Raiku is a Web3 infrastructure startup building high-performance transaction coordination tools for the Solana blockchain. The company focuses on improving transaction predictability by enabling guaranteed block inclusion and low-latency execution, addressing congestion and uncertainty that can limit the use of blockchain networks for more demanding applications.
Raiku’s technology works directly with Solana’s core validator set, allowing developers to reserve blockspace or secure execution at specific times, rather than relying on best-effort transaction processing. This approach supports use cases such as financial markets, gaming, decentralised infrastructure, and large-scale AI workloads. To date, the company has secured approximately €11.5 million in funding, led by Pantera Capital, to expand its global validator coordination network and continue developing its infrastructure stack.
Founded in 2025 and also headquartered in Tallinn, Rollo Robotics develops autonomous robotic systems designed to support security operations in environments where continuous monitoring is required. Its flagship product is an autonomous security robot capable of patrolling predefined routes around the clock, using high-definition video, object detection, and motion sensing to monitor sites without constant human presence.
The robot is designed to operate in a wide range of settings, including industrial facilities, transport hubs, healthcare environments, and critical infrastructure sites. In addition to visual monitoring, it can detect hazardous gases, recognise licence plates, and support two-way audio communication, while automatically returning to a charging station when needed. Rollo Robotics has raised €3.7 million to date to support pilot deployments starting in 2025 and further development of its autonomous navigation and sensing capabilities.
Founded in 2023 and headquartered in Tallinn, Salesforge is a sales execution platform designed to support outbound outreach across email and LinkedIn from a single system. The software enables teams to run multi-channel campaigns at scale, managing prospecting, message delivery, and replies without relying on multiple disconnected tools or seat-based pricing models.
The platform includes built-in email infrastructure tools focused on deliverability, centralised inbox management, and optional AI-based automation to support prospecting and follow-up workflows. Salesforge is used by sales teams and agencies to streamline outbound processes while maintaining visibility across channels. To date, the company has raised €427k to further develop its platform and expand its customer base across international markets.
Based in Tartu and founded in 2023, Soldera develops a platform for managing and procuring Energy Attribute Certificates for renewable electricity consumption. The company provides corporates with a single interface to access multiple national registries, helping simplify compliance, reporting, and certificate cancellation across different jurisdictions.
The platform also aggregates renewable energy producers, enabling direct procurement and automated documentation while reducing administrative overhead and reliance on intermediaries. Soldera works with hundreds of corporates and thousands of production sites across Europe. The company has landed €4.7 million to date to expand its infrastructure, automation capabilities, and international footprint as demand for transparent renewable energy compliance continues to grow.
Founded in 2023 and headquartered in Tallinn, TELETACTICA develops advanced communication systems for unmanned, autonomous, and mission-critical platforms. The company focuses on integrating control links, video transmission, telemetry, and data exchange into unified, secure radio systems designed to perform reliably under high-interference and operationally demanding conditions across air, ground, and industrial environments.
All core hardware and software are developed in-house, from research and engineering through to manufacturing and field integration, allowing tight control over performance and security. Their systems are used across defence, government, and industrial applications, including UAV operations and autonomous platforms. The company has raised €1.6 million to date to support continued R&D, production scaling, and international deployment of its communication infrastructure.
Founded in 2023 and headquartered in Tallinn, ZND is a digital asset platform offering a range of services for managing, trading, and earning from cryptocurrencies. The company positions itself as a user-focused gateway to digital finance, providing access to tools for buying, trading, borrowing, and earning on digital assets within a regulated environment.
ZND’s ecosystem includes an AI-powered assistant designed to help users navigate crypto markets, alongside custody infrastructure focused on asset security and compliance with local regulatory requirements. The platform also operates its own utility token, which supports functionality across services such as rewards and staking. To date, ZND secured €17.1 million to expand its product offering and scale operations across international markets.
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