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News
Report: Estonian cybersecurity firm Blackwall reaches unicorn status
Estonian cybersecurity company Blackwall is valued at €1.033 billion in the TopTech 2026 ranking, up 368% from the previous year. The ranking, compiled by Prudentia Tallinn and Siena Secondary Fund, places Blackwall fifth among Estonia's listed technology
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Estonia plans over €270M for business growth and investment
Estonia plans to direct more than €270M next year to business growth, new investment and exports, according to the Ministry of Economic Affairs and Communications. The package includes support for research and development, technology adoption, export expa
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Estonian app builder bilt.me raises €615k pre-Seed round
Tallinn-based Bilt.me raises €615k pre-Seed, led by Superhero Capital, to let users build native iOS and Android apps from plain-language prompts.
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Bolt and Lucid to deploy 25,000 autonomous vehicles in Europe
Bolt, the Estonian shared mobility platform, and US electric-vehicle maker Lucid Group will develop and deploy at least 25,000 fully autonomous vehicles across European cities. The vehicles will be built on Lucid's upcoming Midsize platform and are intend
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Defence technology company TEKEVER raises $580 million after opening Tallinn office
Defence technology company TEKEVER raises $580 million after opening Tallinn office
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Elering prepares Estonia's grid for 1,500 MW of new generation
Elering, Estonia's transmission system operator, is preparing the country's grid for 1,500 MW of new generation while strengthening connections in Tallinn, Tartu and Pärnu. The plan also targets rising electricity demand in larger urban centres and improv
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Magnora and Sunly form joint venture to develop a 400 MW data centre campus at Risti
Magnora Data Center ASA has agreed to acquire a 50% interest in the Risti Kampus data centre project, a joint venture with the Estonian renewable energy group Sunly. It comes with 180 MW of grid capacity available today and a planned expansion to 400 MW.
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International infrastructure fund backs fourfold expansion at Estonia's Bioforce
Bioforce, Estonia's largest biomethane producer, is getting new backing from the international infrastructure investor Three Seas Initiative Investment Fund. The deal is expected to quadruple the company's production capacity to 1 TWh by 2032. The investm
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From e-Residency to agent codes: Estonia's next digital identity experiment
In 2014, Estonia introduced e-Residency, giving entrepreneurs abroad a government-issued digital identity with which they could establish and run an Estonian company online. The programme connected people to Estonia's digital business environment without
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Stargate Hydrogen secures €20.6M to expand Tallinn electrolyser production
Estonian hydrogen technology company Stargate Hydrogen has secured €20.6M from the EU Innovation Fund to expand its Tallinn factory. The project will increase the company's manufacturing capacity for alkaline electrolyser components, stacks and complete s
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