Often referred to as e-Estonia, this country is a digital and tech-savvy society, where everything from setting up a new company to declaring taxes can be done with just a click on the computer.
With a population of just 1.3 million Estonia produces more successful startups per capita than any other country in Europe. It also attracts a lot of investments – Estonia is second in Europe after UK in euros invested into startups per capita through new alternative funding solutions.
Estonian startups have attracted investments from a number of global investors, institutions and VC Funds including the following: Sir Richard Branson, Peter Thiel, Ron Conway, Timothy Draper, Shakil Khan, Dave McClure, Robin Klein and Saul Klein, Atomico, Mistletoe, Redpoint Ventures, Index Ventures, 500 Startups, Seedcamp, Intel Capital, Charles River Ventures, Matrix Partners and many more.
There are over 550 startups in Estonia.