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Home GREEN

Discover the Estonian startup ecosystem: 10 promising startups you should keep an eye on

EU Startupsby EU Startups
January 20, 2025
Reading Time: 9 mins read
in GREEN, SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Nestled in the Baltic region, Estonia has earned a reputation as a modern, digitally driven nation and is rapidly becoming a hub for the next generation of entrepreneurs. Renowned for its digital-first approach and a government that champions innovation, it’s no surprise that the startup scene here is thriving.

Over the years, Estonia’s startup ecosystem has gained significant momentum, with increasing investments, a growing talent pool, and the emergence of new sectors. The country is home to notable unicorns like Bolt and Wise, firmly establishing its position as a European hub for startups.

As we progress further into 2025, we have curated a list of 10 promising Estonian startups, all founded between 2022 and today, that are pushing boundaries across various sectors, from technology to sustainability. These companies are playing a pivotal role in shaping Estonia’s growing influence within the European innovation landscape. Without further ado, let’s dive right in:

äio

ÄIO: Founded in 2022, this pioneering startup develops sustainable, next-generation fats and oils using precision fermentation. Their innovative solutions aim to replace palm oil, coconut oil, and animal fats, catering to industries such as food, cosmetics, and industrial applications. With a strong focus on health, sustainability, and upcycling by-products into high-value ingredients, ÄIO is at the forefront of eco-friendly innovation. Headquartered in Tallinn, the startup has successfully raised €8.7 million in funding.

arbonics

Arbonics: Based in Tallinn, Arbonics is developing a cutting-edge carbon and ecosystem platform tailored for forest and landowners across Europe. The platform leverages advanced technology to support sustainable forest management by providing tools for tracking carbon emissions, monitoring ecosystem health, and optimising land use. Launched in 2022, Arbonics empowers forest owners to manage their land in an environmentally responsible way while gaining valuable insights into the impact of their activities on the planet. This innovative approach to environmental consulting has positioned Arbonics as a key player in the green tech sector, securing €7.3 million in funding.

bettermedicine

Better Medicine: Based in Tartu, this innovative startup develops advanced software solutions for cancer research and treatment. Better Medicine leverages AI-driven technology to analyse and automate healthcare and medical data, with a strong focus on cancer. Launched in 2022, the platform accelerates the processing of clinical data, enabling medical professionals to make faster and more accurate decisions for cancer treatment. By utilising distributed processing and prototype development, the startup aims to enhance the efficiency of cancer research and deliver improved treatment options for patients. Better Medicine has secured €2.5 million in funding to support its mission.

cará

CARÁ Health: Launched in 2022 in Tallinn, CARÁ Health has developed a hybrid health and well-being platform designed specifically for women throughout maternity. The platform offers personalised services and resources, empowering women to make informed decisions during this crucial period. Integrating various aspects of maternity care, CARÁ Health provides education, products, podcasts, and expert recommendations, delivering a comprehensive service that addresses both the physical and emotional needs of women. The startup has successfully closed a funding round of €750k.

cinco

Cino: Tallinn-based Cino has developed a mobile app to simplify group payments. The app enables users to split bills in real-time effortlessly, making it ideal for group activities such as dining out, travelling, or managing shared household expenses. Cino provides a hassle-free solution to ensure fair contributions, offering both convenience and transparency. Founded in 2022, the startup has raised €3 million to eliminate the complexities of splitting payments.

Elmo

Elmo: Founded in 2022 in Tallinn, this startup has developed a state-of-the-art tool for the vehicle rental and service industry. The platform enables the seamless delivery of vehicles directly to customers or the relocation of vehicles to specific locations as needed. Designed to enhance customer service in the rental and car-sharing sectors, the technology offers greater flexibility and convenience. The startup has successfully secured €2.6 million in funding.

flowstep

Flowstep: Founded in 2023 and based in Tallinn, Flowstep offers an AI-powered platform that revolutionises design workflows. Acting as a “copilot” for designers, the platform streamlines and automates tasks, making the design process faster and more efficient. Flowstep integrates advanced tools to enhance tasks such as user interface (UI) design, prototyping, and team collaboration. With €1.7 million in recent funding, the startup aims to make product development more agile, reduce time-to-market, and enable teams to deliver high-quality results with fewer resources.

MarkeDroid

MarkeDroid: Based in Tallinn, MarkeDroid is disrupting the renewable energy industry with its innovative platform. As Europe’s first “Plug & Play” solution for managing residential solar batteries, the platform enables users to optimise energy spot prices and access FLEX markets. MarkeDroid’s cutting-edge technology empowers homeowners and energy providers to maximise both financial returns and energy efficiency. Launched in 2023, the startup has secured €620k in funding and is poised to revolutionise the energy value chain by helping residential users make better use of their solar energy systems and actively participate in the broader energy market.

Salesforge

Salesforge: Founded in 2023 in Tallinn, Salesforge has raised €485k to develop its all-in-one sales execution super app. The platform is designed to help sales teams increase conversion rates by automating essential sales activities such as email outreach, enabling the personalisation of cold emails at scale. Leveraging real-time AI and machine learning, the app optimises messaging and enhances email deliverability, empowering sales teams to make data-driven decisions that improve their chances of achieving targets. By consolidating multiple sales tools into one streamlined solution, Salesforge maximises team performance and efficiency.

Salu Health

Salu Health: Founded in 2022 and based in Tallinn, Salu Health has raised €1 million to deliver a digital health solution tailored for expats worldwide. The innovative platform provides a personalised doctor service powered by AI, enabling users to access medical care anytime, anywhere. Salu Health offers a range of health plans designed to meet individual needs, from daily health advice to proactive management of chronic conditions. By leveraging AI to personalise healthcare and integrating services such as telemedicine, Salu Health aims to make healthcare more accessible and convenient for individuals living away from their home countries.

By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!

Read the orginal article: https://www.eu-startups.com/2025/01/discover-the-estonian-startup-ecosystem-10-promising-startups-you-should-keep-an-eye-on/

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