Over the past decade, Estonia has emerged as a leading European hub for startups, drawing entrepreneurs with a favourable business environment, great government support, and an advantageous taxation system with a zero corporate income tax on retained and reinvested profits.
The country has fully embraced a digital-first approach. Its admirable advancements in digital infrastructure have led to a transformative shift in public services, eliminating bureaucracy and paperwork. Estonia has been at the forefront of innovative practices, from pioneering online voting since to securely storing their health records in the cloud.
This digital infrastructure not only drives efficiency but also fosters innovation and inspires trust in the system. We recently decided to take a deeper look at the Estonian startup ecosystem and curate a list of 10 startups you must be watching from onward, all of which were founded post Minterest : Founded in , Minterest is an innovative lending protocol led by a team of seasoned startup veterans, to service billions in TVL and challenge existing decentralized finance DeFi incumbents.
Operating its own on-chain liquidation and buyback mechanisms, the Minterest protocol automatically distributes the value it captures from interest rates, flash loans and liquidation fees to users, providing security and transparency. Arbonics : This pioneering Tallin-based startup was founded in seeking to unleash the potential of carbon income in response to the escalating battle against climate change. Arbonics specializes in climate technology and has developed an innovative platform tool that utilizes data and scientific principles to revolutionize the burgeoning Verified Carbon Market VCM.
Their objective is to establish a fresh forest economy that enables landowners to recognize the favourable climate effects and monetary value of their land. This approach ensures equitable earnings for landowners, verifiable carbon credits for companies, and an increased number of forests for the benefit of society as a whole. Their mission is to unlock the full potential of microbial oils and offer tailored solutions for industries like food, feed, and cosmetics.
