The Estonian Investment Agency is a government agency promoting foreign investments and assisting international companies in finding business opportunities.
🇪🇪 In 2023,
@EstoniaInvest
almost mirrored its record-breaking
#performance
from the previous year by securing €336M in
#FDI
(foreign direct investments), creating over 1,000 high-paying
#jobs
and brining strategic projects.
Estonia hosts high-level delegation from Hamburg seeking collaboration opportunities - the first visit of its magnitude in years, the 50-person delegation includes the heads of Philips, Beiersdorf, Airbus Operations, and Lufthansa Industry Solutions
🚌🇪🇪
#Estonian
#travel
#tech
company Turnit unveils a national-scale cooperation with
#Sweden
, streamlining ticket sales and making public transport seamless.
🏆🇪🇪
#Estonia
, already among the least corrupt countries in the world, climbs two point higher in the
#2023
Corruption Perceptions Index by
@anticorruption
, showcasing its commitment to
#transparency
.
💡🇪🇪 As more
#startups
go international from day one, Cross Ocean Ventures opens an innovative hub in
#Estonia
, aiming to steer
#European
innovators towards growth and success in the
#US
market.
💡🇪🇪 Famous as an academic city,
#Tartu
is now doubling as an
#innovation
hotbed. Its
#startup
scene experienced a promising growth in 2023, with an increase in
#revenue
, a strong employment rate, and record
#tax
contributions.
#Estonia
becomes the first country in the world to establish a nationwide
#Hydrogen
#Valley
, turning Estonia’s hydrogen initiative into an
#export
item for a $2.5 trillion global market.
Põlva, a lovely town in Southern Estonia, got the smartest road in
#Estonia
, integrating various intelligent transportation system units to shape driving habits. The smart road was built by Estonian
#smartcity
startup
@Bercman_Tech
.
#Swedish
company Smart Power Farm plans to build a large-scale
#circulareconomy
#greenhouse
in Tootsi, West Estonia, next to the Baltics' biggest powerfarm. This innovative project will promote sustainable
#farming
and boost the local economy.
You already know that in 2023, Invest
#Estonia
didn't stray far from its all-time records, with €336M in foreign
#investments
and over 1,000 high-paying jobs. Here's a closer look at some of the numbers
🇪🇪
#Government
to invest €50M to supercharge domestic
#tech
for
#defence
& dual-use applications, eyeing the ambitious goal of doubling the
#Estonian
economy by 2035.
🦭Cleantech59 presents eight
#CleanTech
companies of
#Estonia
, ready to make the world a greener place to live.
📽️Watch the pitches of these game-changers and get ready to contribute to their growth as a
#sustainableinvestor
.
#Estonian
Parliament elections 2023 have set 4 new milestones:
👩💻 the first mainly
#online
voting in the world,
💙 a record-high number of voters,
🖤 a record-high number of personal votes,
🤍 the most
#female
representatives in the new parliament.
⚡🇪🇪 Estonia, a leader in
#EV
infrastructure, now has private companies like Enefit VOLT, Eleport, and Alexela, who are not only expanding the
#network
but also introducing cutting-edge
#technologies
.
🎉🇪🇪
#Estonia
’s first successful exit in 2024 is here!
@Zendesk
, a global leader in customer service
#software
, acquires Estonian
#AI
startup
@klausapp
, which helps to analyse and improve customer service interactions.
Recently ranked as one of only seven countries in the world with clean air,
#Estonia
now also tops the
#Environmental
Performance Index, bolstering the country’s ambitious
#sustainability
goals.
🇪🇪💙🤖 In
#Estonia
, you will meet
#robots
operating everywhere, and people love them and help if needed. Estonia has chosen a route of
#robotics
and is rolling right on it.
Exciting news for
#Birger
as they receive €2.3 million from
#JustTransitionFund
for a new production facility in Ida-Virumaa! As a top producer and exporter of
#metal
#containers
, this investment will surely boost their growth and impact in the
#industry
.
🇪🇪🔬
#Estonian
company Gelatex Technologies is aiming for big
#CleanTech
goals, developing
#cultured
meat and eco-friendly materials to replace
#oil
-based ones.
🍽️🇪🇪 Historically,
#Estonian
cuisine was nothing special. Now, by embracing influences from
#Europe
and the
#Nordics
and being rewarded with
#Michelin
stars, the quality of the country's restaurants has become truly appealing, even to foodies.
🍄🍄🍄 Grow a
#mushroom
, save the world! By unleashing the power of
#fungi
to fight
#deforestation
and upvalue the world’s
#forests
,
#Estonia
's GreenTech Shroomwell is proving that there really is a mushroom for every problem. 🍄🍄🍄
The Best
#Estonian
Companies 2023 are named 🥳. They are nothing less than unicorns for us:
🦄Flir Systems
🦄Silen
🦄Icosagen
🦄A. Le Coq
🦄HMP Hotels
🦄MRPEasy
🦄Ericsson Estonia
🦄Orlen Estonia
🦄Admiral Markets
💬🇪🇪
#Estonia
's ecosystem key players gathered for the Annual Fireside Chat, unpacking an eventful year and setting their sights on new frontiers in
#DeepTech
,
#DefenceTech
and more.
The company making
#sciencefiction
a reality by putting delivery robots on streets in the US and Europe,
@StarshipRobots
, is announcing it has raised $90 million, co-led by Plural and Iconical.
🔬🇪🇪 Estonian
#DeepTech
Nanordica Medical raises €1.75M
#seed
round for new tech that heals chronic, severe wounds 2x faster and could be in hospitals by 2025.
Tax Competitiveness Index 2022:
#Estonia
has the world’s best tax system (for the 9th year in a row):
🔵no corporate income
#tax
⚫️no capital tax
⚪️no property transfer taxes
🛣️🇪🇪
#Estonia
's 10Lines has raised €1.5M round with their AI-powered
#robots
that paint perfect lines on roads and parking lots, 7 times faster compared to manual work.
🧚♀️ “I’m
#Estonia
. Your personal Muse to make sense of things,” the Muse says. “I’m your imagination, a mindset and a way of life.”
Come to play with the Muse🧚♀️ and let her inspire you at the
@Latitude59
Meet Estonia area or in the digital forEST:🌳 🌳
🎁
💡🇪🇪 This year's
@startupdayfest
is set to discuss
#DeepTech
and navigating challenges, all while
#Tartu
is doubling as a
#cultural
hotspot during the European Capital of Culture 2024 celebrations.
For the third year running, Invest Estonia is proud to support the future of
#DefTech
– nine
#NATO
DIANA accelerator
#startups
and twelve
#Defence
Estonia cluster member companies performed live product demos in an exclusive showcase in
#Tallinn
.
🔋🇪🇪
#Estonia
has secured a position in the top 10 of developed economies for effective
#energy
transition, according to Energy Transition Index (
#ETI
) by
@wef
.
🔬🇪🇪
#Estonian
#HealthTech
startup GeneCode has been named among
#Europe
's top-10 Discovery and Development solution providers for its groundbreaking drug to slow Parkinson's disease.
We have great news!
#Estonia
, a world leader in numbers of unicorn companies per capita, just got its tenth unicorn 🦄
@GliaInc
: the digital customer service provider raised $45M in Series D funding and exceeds $1B valuation.
💚🇪🇪 Join the
#Cleantech
Forum Europe 2023 in
#Tallinn
, this year's Green Capital of
#Europe
, for three days of networking, knowledge sharing, and insights on
#sustainability
from world's best experts.
🏆🇪🇪
#Estonian
#mobility
unicorn
@boltapp
is preparing for an IPO, raising additional €220M of funding. The company, currently operating in over 45 countries, eyes a much bigger expansion.
🇪🇪✅
#Estonia
leads the way in green transition with over €170M from the Just Transition Fund (
#JTF
) now deployed, boosting jobs and attracting private investment to
#IdaVirumaa
.
#Estonia
ranks🥇1st worldwide in
#tax
competitiveness for the 8th time in a row.
Estonia's transparent and simple tax system is increasing the ease of doing
#business
and attracting
#investments
.👉
This Estonian
#HealthTech
#startup
tackles the maternal health gap with the first app in the world that combines expert advice and AI for personalised support on the
#maternity
journey.
🔋
@neo_materials
€100M magnet
#factory
in
#Narva
,
#Estonia
, marks the first success story for the European Just Transition Fund, which contributed €19 million in funding to support the project.
⚙️ Two innovative companies — Agricom Tehnika and Aquaphor — are seizing new
#business
opportunities with the support of the Just Transition Fund to build
#green
,
#sustainable
projects in
#IdaVirumaa
.
🔋🇪🇪 From nationwide
#hydrogen
ecosystems to local hubs in
#Tartu
,
#P
ärnu, and beyond, hydrogen economy is on the rise. Learn more in this in-depth look at
#Estonia
's hydrogen ambitions.