Emerging Tech Startups in Estonia
Estonia has been gaining a reputation as a hub for tech startups, and for good reason. The country has a vibrant startup ecosystem that is constantly evolving and growing. In this article, we’ll take a look at some of the most exciting tech startups that are emerging in Estonia.
1. Pactum
Pactum is an AI-powered platform that helps companies automate and optimize their contracts. The platform uses machine learning algorithms to analyze contract data and provide recommendations on how to improve contract terms. Pactum has raised over $3 million in funding and is one of the most promising startups in Estonia.
2. Veriff
Veriff is a cybersecurity startup that provides online identity verification services. The platform uses machine learning algorithms to analyze documents and images to ensure that users are who they say they are. Veriff has raised over $15 million in funding and has clients in over 190 countries.
3. Skeleton Technologies
Skeleton Technologies is a green tech startup that specializes in producing ultracapacitors to help power electric vehicles. The company’s ultracapacitors have a longer lifespan and are more energy-efficient than traditional batteries. Skeleton Technologies has received millions in funding from investors and has been named as a top 10 green tech startup in Europe.
4. Lingvist
Lingvist is an AI-powered language learning platform that uses machine learning algorithms to personalize learning for users. The platform has over a million registered users and has received funding from investors such as Rakuten and Smartcap.
5. Bolt
Bolt (formerly known as Taxify) is an on-demand transportation startup that competes with Uber. The platform is available in over 55 countries and has raised over $2 billion in funding. Bolt has also expanded into food delivery and scooter rental services.
These are just a few examples of the many exciting tech startups that are emerging in Estonia. With a supportive government, access to talent, and a vibrant startup community, Estonia is well-positioned to continue producing innovative startups that have a global impact.