🦄 Startups & VC 4d ago · Canal Letter

A country of fewer than 1.4 million people has produced ten billion-dollar startups — about 7 for every million residents, more than three times the US rate — and the first of them was a voice-call app a handful of engineers built in Tallinn in 2003.

Silicon Canals
View Channel →
A country of fewer than 1.4 million people has produced ten billion-dollar startups — about 7 for every million residents, more than three times the US rate — and the first of them was a voice-call app a handful of engineers built in Tallinn in 2003.
Source ↗ 👁 0 💬 0
Estonia’s population stood at 1,360,745 at the start of 2026, according to Statistics Estonia. That is smaller than many single cities. Out of it has come ten companies that reached a billion-dollar valuation at some point in their history, among them Skype, Wise, Bolt, Pipedrive, Playtech and Veriff, according to Invest in Estonia’s own tally.
Using CB Insights’ underlying company data alongside that population figure, a figure Invest in Estonia and outlets including Fintech B

Comments (0)

Sign in to join the discussion

More Like This

Tesla’s Semi finally enters production, nine years after it was shown
The Next Web · 6h ago
Infrastructure complexity is reshaping how smaller technology firms operate
The Next Web · 6h ago
Bill Gates warns AI could cause a billion deaths and says self-regulation is not enough
The Next Web · 8h ago
Peter Thiel says the pope’s AI encyclical was ‘working for’ China
The Next Web · 8h ago
Pentagon seeks $30.3m for an AI lie detector that reads the body from afar
The Next Web · 9h ago
Nscale closed a $3.36B pre-IPO round led by Third Point, with $1B from Nvidia still to come
The Next Web · 9h ago