Best Gaming Companies in Estonia
The 93 best Gaming companies in Estonia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ready Player Me.
Estonia's Gaming scene totals $161M in disclosed funding across 93 tracked companies, and if you want to know where that capital is concentrated, Ready Player Me accounts for $69M of it alone. That's nearly 43% of the sector's entire disclosed pool in a single avatar-infrastructure bet. NFTPort pulled $26M, Ultra took $23M, and the rest of the field trails well behind. No unicorns yet, but the funding stack is real and the investor roster, Play Ventures, Andreessen Horowitz, Kilombo, tells you serious money is paying attention.
The global gaming market sat at roughly $202.7B in 2022, with a forecast CAGR of 9.24% through 2028, driven partly by AR and VR adoption accelerating faster than most hardware cycles. Median install growth across 23 gaming apps is running at about +11% YoY, which is a clean momentum signal. Regulators are tightening too, and loot box rules in particular are reshaping monetization models for studios across Europe. I'd watch how Estonia's smaller studios, Plummy Games raised just $6M, adapt their revenue architecture under that pressure. So the question for you isn't whether this market is growing. It's which of these 93 companies is building something that earns at scale rather than just chasing the next funding round.
- Statista
Our analysis of 180 Gaming companies
$26.0b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Gaming companies in Estonia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Ready Player Me Provider of AI-powered 3D avatar modeling tools for the metaverse | $69M | 46 mo ago | Acquired | — | 2020 | WebflowGSAPAmazon Web Services+21 | — |
| 2 | NFTPort Cloud-based application development solution for NFTs | $26M | 48 mo ago | Series A | — | 2021 | WebflowReactReact Router+16 | — |
| 3 | Ultra Provider of a platform for discovering, playing, and competing in games | $23M | 14 mo ago | Series B | Nicolas Gilot Co-Founder & Co-CEO | 2017 | WordPress Site EditorWordPressMySQL+21 | — |
| 4 | SisuTech Cloud based iGaming platform across regions and multiple brands | $15M | 31 mo ago | Series A | Jan Svendsen Co-Founder | 2022 | — | 2 partnerships |
| 5 | Plummy Games Developer of casual games for mobile devices | $6M | 43 mo ago | Series A | Adnan Kobazoglu Co-Founder | 2020 | — | — |
| 6 | Original Games Mobile game developer focusing on casual games | $6M | 56 mo ago | Seed | — | 2018 | TildaCloudflarecdnjs+8 | — |
| 7 | Arenum Provider of blockchain-based gaming platform | $3M | 52 mo ago | Funding Raised | Alexander Zelenshikov Co-Founder | 2018 | — | — |
| 8 | Legends Of Elysium Online platform for card games that provides an NFT marketplace to trade in-game assets | $3M | 26 mo ago | Funding Raised | Eryk Rutkowski Co-Founder | 2021 | WordPressMySQLPHP+16 | — |
| 9 | Gamestarter Online marketplace for trading NFTs of E-sports games | $2M | 58 mo ago | Funding Raised | Andrius M CEO | 2003 | Node.jsChakra UIReact+16 | — |
| 10 | Brokoli NFT-based infrastructure for play-to-earn & play-to-impact NFT metaverse | $2M | 56 mo ago | Funding Raised | Matas Danilaitis Co-Founder | 2021 | — | — |
| 11 | Defish Web3 studio focused on gaming & metaverse | $2M | 53 mo ago | Funding Raised | Alexey Kuchma CEO | 2021 | — | — |
| 12 | Reality Metaverse Provider of play to earn gaming platform | $1M | 38 mo ago | Funding Raised | Zbigniew Woznowski Co-Founder & CEO | 2022 | Three.jsTailwind CSSGoogle Font API+4 | — |
| 13 | Alium Finance App-based trading & exchange platform for NFT games | $1M | 60 mo ago | Funding Raised | — | 2020 | — | — |
| 14 | Crypto Fight Club NFT-based trading platform for games | $600K | 54 mo ago | Funding Raised | Cedric Gautier Founder | 2021 | — | — |
| 15 | Cardalonia Developer of PC and the console-based metaverse | $420K | 50 mo ago | Seed | — | 2021 | — | — |
| 16 | Spinblade Provider of play-to-earn spinning game | $250K | 44 mo ago | Seed | Ibrahim Kaya Co-Founder & MD | 2022 | — | — |
Top 12 Gaming companies in Estonia
#1
Series B · Tallinn, Harju County · founded 2017 · 10 employees$23.4Mraised▾
Provider of a platform for discovering, playing, and competing in games. The platform unites gamers, creators, and developers in one destination. It merges traditional gaming with technology to transform how people play and connect. The platform offers a marketplace, tournaments, and rewards.
- Apr 2025Series B$12M
- Jul 2019ICO$11.4M
#2
Series A · Tallinn, Harju County · founded 2022$15Mraised▾
Cloud based iGaming platform across regions and multiple brands. The company being data-driven focuses on providing platform's with BI and CRM capabilities. Platform features includes business messaging, online review management, and digital marketing.
- Nov 2023Series A$15M
#3
Acquired · Tallinn, Harju County · founded 2020 · 12 employees$69Mraised▾
Provider of AI-powered 3D avatar modeling tools for the metaverse. It develops a cross-platform avatar creation tool for games and VR applications. It uses deep learning technology and provides an SDK that allows users to create their avatars from selfies and customize them. It supports integration with third-party software and websites.
- Aug 2022Series B$56M
- Dec 2021Series A$13M
#4
Funding Raised · Tallinn, Harju County · founded 2021$2.6Mraised▾
Online platform for card games that provides an NFT marketplace to trade in-game assets. The platform offers play-to-earn games where players compete with each other to win rewards. It offers a marketplace allowing players to trade their in-game cards with others and also offers staking and borrowing solutions.
- Mar 2024ICO$2.6M
#5
Series A · Tallinn, Harju County · founded 2021 · 13 employees$26Mraised▾
Cloud-based application development solution for NFTs. It provides NFT infrastructure & APIs for developers. It also supports Ethereum and Polygon. It also adds new L1 and L2 blockchains. It offers on-chain transactional and full data portability for users.
- Jun 2022Series A$26M
#6
Series A · Tallinn, Harju County · founded 2020$6Mraised▾
Developer of casual games for mobile devices. The game developed by the company includes "MiraMerge" a magical world with charming characters. The game is available for iOS and Android devices.
- Nov 2022Series A$6M
#7
Funding Raised · Tallinn, Harju County · founded 2022$1.2Mraised▾
Provider of play to earn gaming platform. It offers NFT owners to monetize the assets in traditional games. It offers web3 player investors to earn royalties from the web2 games through expanding NFT utilities.
- Apr 2023ICO$1.2M
#8
Seed · Tallinn, Harju County · founded 2018 · 45 employees$6Mraised▾
Mobile game developer focusing on casual games. The games developed by the company include Juicy Stack - a 3D puzzle game, Basketball Roll - a sports game. The games are available for iOS users. It monetizes through in-app purchases.
- Oct 2021Seed$6M
#9
Funding Raised · Tartu, Tartu · founded 2018$3.3Mraised▾
Provider of blockchain-based gaming platform. The platform provides eSports competitions on the Arena platform and casual PvP games for the widespread adoption of cryptocurrencies. Wins in games can net players $ARNM. Additionally, a number of cryptocurrency exchanges, including HitBTC, Binance, and Coinbase, allow the purchase of $ARNM tokens.
- Feb 2022ICO$3.3M
#10
Funding Raised · Tallinn, Harju County · founded 2021$2.2Mraised▾
NFT-based infrastructure for play-to-earn & play-to-impact NFT metaverse. It allows users to buy and sell digital forests from other users. It also allows users to opt-in to a small climate fee that offsets the transaction's footprint. It offers staking rewards, token burn, liquidity rewards, and more.
- Sep 2021ICO$2.2M
#11
Funding Raised · Parnu, Parnu County · founded 2003 · 23 employees$2.4Mraised▾
Online marketplace for trading NFTs of E-sports games. It is an online marketplace for gamers to buy and sell NFTs of e-sports stream highlights. The company has invested in many e-sports games such as Lord Arena, Dynasty, Dark Frontiers, and others.
- Aug 2021ICO$2.4M
#12
Funding Raised · Tallinn, Harju County · founded 2021 · 17 employees$1.6Mraised▾
Web3 studio focused on gaming & metaverse. It provides its users to play and collect various NFT fish which can be traded in the marketplace.
- Dec 2021ICO$1.6M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Gaming coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Gaming Technology is moving in Estonia
A read on the academic research around Gaming Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1 Estonia-affiliated papers.
- Tallinn University1
- Scope (computer science)1
- Game design1
- Game mechanics1
- Video game development1
- Game engine1
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.