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Radar · Life Sciences in Estonia

Best Life Sciences Companies in Estonia

The 53 best Life Sciences companies in Estonia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: GeneCode.

53companies tracked
$46.6Mdisclosed funding
0unicorns
20have raised

Estonia's Life Sciences sector doesn't get the headlines it deserves. This ranking cuts through that, ordering the 53 companies we track by disclosed equity funding and recent momentum, so you can see exactly where capital is concentrating.

$47M in total disclosed funding across those 53 companies tells a real story. GeneCode leads the field at $16M raised, Better Medicine follows at $7M, and BiotaTec sits at $3M, which means the top three names alone account for well over half the sector's visible capital. No unicorns yet, but the distribution is tighter than you'd expect from a market this size. Globally, life sciences is tracking toward a compound annual growth rate of roughly 10.2%, driven by an aging population and sustained institutional funding, and Estonia's backer list, Europa, EIC Fund, EIT Health among them, reflects exactly that institutional appetite. I'd also flag the digital side: median install growth across healthcare and life sciences apps is running at roughly 43% year-over-year, which tells you where patient-facing demand is heading. So the question isn't whether Estonia can produce serious life sciences companies. It's which ones are building the revenue base to match their funding.

Sources & further reading
  • Morgan Stanley Ups the Ante on These 2 Life Science Tool Stocks
FLIAR INTELLIGENCE · LIFE SCIENCES × ESTONIA

Our analysis of 576 Life Sciences companies

$91.7b in tracked funding; 70% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

576companies analysed
70%cloud-native stacks
2025funding peak (by rounds)
13unicorns
2016median founding year

Ranked: Best Life Sciences companies in Estonia

#CompanyRevenueDisclosed fundingLast roundEmployeesFounderTech stackPatents & IP focusRecent signals
1Myoton
Non-invasive diagnostic device for muscle health
$613K
FY2022
——3Arved Vain
Founder
WordPressMySQLPHP+1733 patents
Patents concentrated in health & consumer products
—
2Bioatlas
Manufactures molecular biology reagents
$572K
FY2023
$6M91 mo ago6Indrek Kask
Founder
———
3NorVita
Provider of supplements to improve overall health
$385K
FY2023
———Indrek Viirpalu
CEO
Cart FunctionalityWooCommerceWordPress+31—1 award
4Omnifarma
Developer of therapeutics and nutraceuticals for thyroid treatment
$370K
FY2023
——1————
5Biometric
Manufacturer of implants for patients
$338K
FY2022
—85 mo ago3Timo Paberit
Founder
Cart FunctionalityWooCommerceWordPress+18—1 partnership
6Selfdiagnostics
Provider of point-of-care tests for infectious diseases
$319K
FY2023
$407K91 mo ago17Indrek Tulp
Founder & CTO
—6 patents
Patents concentrated in chemistry & materials
—
7Antegenes
Provider of genetic tests for cancer diagnosis
$185K
FY2023
$3M47 mo ago17
17 → 12 (-29%)
Peeter Padrik
CEO / Founder
Cart FunctionalityWooCommerceWordPress+25——
8Nite Technology
Provider of biological solution for nanomedicines, antibacterial and antiviral medical devices, veterinary…
$99K
FY2022
———————

Top 12 Life Sciences companies in Estonia

#1
Seed · Tartu, Tartu · founded 2020 · 9 employees
$6.6Mraised
▾

AI-powered tools for radiologists to diagnose and fight cancer. The company is developing AI and software tools that include automated lesion detection, measurements, and tracking in cancer diagnostics for radiologists, supporting full-body CT scans, covering a broad range of cancers, and structured and standardized reporting.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 11.0% of this cohort's audience
Activity: 1 partnerships (incl. Better Medicine) announced in 12 mo
Funding rounds
  • Aug 2025Seed$1.2M
  • Jul 2023Grant (prize money)$2.8M
  • 2023Grant (prize money)$2.7M
Founders & team
Dmytro FishmanCo-Founder
Investors
EIC Fund, Europa, Soulmates Ventures, Specialist, UT Ventures, Superangel
#2
Seed · Tallinn, Harju County · founded 2023
$626Kraised
▾

Developer of a wearable biosensor for precise ovulation tracking. This device measures sex hormones to provide detailed cycle information via a phone app, aiding women experiencing fertility challenges. The self-applied sensor is designed for ease of use and comfort. The aim is to improve the accuracy and convenience of ovulation tracking for women seeking to conceive.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 4.8% of this cohort's audience
Activity: 2 awards announced in 12 mo
Funding rounds
  • Nov 2025Seed$626K
Founders & team
Kerli LuksCEO
Investors
Greiner
#3
Funding Raised · Tartu, Tartu · founded 2021
$1.4Mraised
▾

Provider of cloud-based clinical trial compliance system. The company offers a streamlined system to manage clinical drug trial documentation and drug development process. It offers an Electronic Investigator Site File (eISF) and Patient Reimbursement.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 12.2% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Jul 2024Grant (prize money)$1.4M
Founders & team
Andreas EllerveeCo-FounderAnna PartsCo-FounderJurgen LorenzCo-Founder & CEO
Investors
KredX, EIS
#4
Series B · Tallinn, Harju County · founded 1993 · 1 employees
$15.6Mraised
▾

Developer of disease-modifying therapeutics to treat neurodegeneration diseases. The company has proprietary drug design technologies for innovative target mechanisms that enable the synthesis and development of novel small-molecule drug candidates for Parkinson's disease, spinal cord injury, Huntington`s disease, motor neuronal disease, multiple sclerosis, Alzheimer`s disease, and pain.

Founders & team
Paavo PilvCEO
Investors
European Innovation Council, EIC Fund, Baltic Tech Ventures, Ansonbaer
#5
Seed · Tallinn, Harju County · founded 2019 · 12 employees
$2.3Mraised
▾

Provider of nanotech-based wound care products. It offers antibacterial nanoparticles for wound dressing to cure infected wounds. It is used to avoid infection and can be used for multiple types of wounds like diabetic foot and foot ulcers, burns, surgical wounds, deep traumatic wounds, and inflamed wounds. Its features include drug-resistant bacteria inactivation capability and reduced silver content.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 8.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Microbiologist
Funding rounds
  • May 2024Seed$1.9M
  • Feb 2023Seed$404.7K
  • 2022Grant (prize money)$2.6M
  • Jun 2022Grant (prize money)$79.8K
Founders & team
Grigory VasilievCo-FounderOlesja BondarenkoCo-Founder
Investors
Specialist, Superangel, EIC Fund, Europa, Health Founders, Amalfi
#6
Funding Raised · Tallinn, Harju County · founded 2007 · 1 employees
$3.1Mraised
▾

Provider of sequencing and DNA extraction services. It provides services including sequencing, DNA extraction, and packing requirements. It claims that its approach enables quick and simple evaluation of changes in the amount and kind of specific microorganisms in environmental samples and clinical samples. Its preparation procedures are followed by sequencing at a partner laboratory on the Illumina MiSeq platform and bioinformatics analysis.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 503 LinkedIn followers — 2.1% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Sep 2022Grant (prize money)$48.7K
  • Oct 2020Grant (prize money)$2.7M
  • Jul 2018Grant (prize money)$230.4K
  • Aug 2017Grant (prize money)$59.1K
Founders & team
Sirli KulliChairman & CEO
Investors
EIC Fund, Europa, Tera Ventures
#7
Seed · Tartu, Tartu · founded 2018 · 17 employees
$2.9Mraised
▾

Provider of genetic tests for cancer diagnosis. The company is developing and implementing innovative genetic tests based on polygenic risk score technology to enable personalized prevention of common cancers. It offers tests for breast cancer, colorectal cancer, melanoma, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 6.5% of this cohort's audience · 80 engagements/post (11.4× cohort median)
Activity: 2 awards announced in 12 mo
Funding rounds
  • Aug 2022Grant (prize money)$717.2K
  • Aug 2022Seed$2.3M
  • Nov 2021Seed$579.5K
Founders & team
Peeter PadrikCEO / Founder
Investors
Everything Genetic, Enterprise Estonia, Europa, EIT Health, Innovasjon Norge, RD Kinnisvara
Tech stack
Cart FunctionalityContact Form 7Core-JsEwww Image OptimizerGoogle Tag ManagerHsts
#8
Funding Raised · Tartu, Tartu · founded 2006 · 6 employees
$6.2Mraised
▾

Bioatlas engages in manufacturing molecular biology reagents. The product portfolio of the company includes DNA dyes, DNA Polymerases, PCR Mixes, qPCR Mixes, PCR Buffers & Reagents (Atlas PCR Water, Atlas 25 mM MgCl2, Atlas 10x Taq Buffer, and Atlas 10x Taq Buffer with (NH4)2SO4) , Nucleotides, Electrophoresis (Agarose & Loading dyes Ladders), and Ready-Mixed Buffers.

Funding rounds
  • Nov 2018Grant (prize money)$5.2M
  • Apr 2015Grant (prize money)$1M
Founders & team
Indrek KaskFounderTaavi EinasteFounder
Investors
Europa, EIC Fund
Tech stack
WordpressMysqlPhpBootstrapYoast SeoApache Http Server
#9
Seed · Tartu, Tartu · founded 2021
$402.2Kraised
▾

Developer of microbial platform for antibiotic-free and growth-decoupled protein production. It offers an *E. coli* platform that does not require an inducer. The platform focuses on research activities in technology.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 968 LinkedIn followers — 4.1% of this cohort's audience · 50 engagements/post (7.2× cohort median)
Activity: 1 product launches · 1 partnerships (incl. WACKER) announced in 12 mo
Funding rounds
  • Oct 2023Seed$402.2K
Founders & team
Marje KasariCo-FounderVillu KasariCo-FounderArvi JoersCo-Founder & CEO
Investors
Specialist, UniTartu Ventures, Amalfi
#10
Funding Raised · Tartu, Tartu · founded 2005
$3Mraised
▾

Icosagen is committed to providing services and offering products in recombinant protein and recombinant antibody production, as well as antibody development for research. The product portfolio of the company includes antibodies, proteins, ELISA kits, transfection reagent, and DNA/RNA isolation kits. Additionally, the company is working towards developing a technology platform called Icocell to optimize the landing platform, generating cell lines compatible with the process of development of industrial cell factories.

Funding rounds
  • Aug 2018Grant (prize money)$1.3M
  • May 2016Grant (prize money)$1.3M
  • Oct 2015Grant (prize money)$253.2K
  • Sep 2015Grant (prize money)$56.2K
Founders & team
Mart UstavCEO
Investors
Europa, EIC Fund
Tech stack
Apple Icloud MailCookieyesElementorGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#11
Seed · Tallinn, Harju County · founded 2021 · 14 employees
$288.3Kraised
▾

Provider of drug pharmacovigilance solutions for pharmaceutical industries. The company automates pharmacovigilance from global and local literature monitoring to regulatory tracking and case management. Cost-effective, regulatory-compliant, and powered by AI. It help PV teams save time, stay compliant, and never miss a safety signal.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 44.1% of this cohort's audience
Funding rounds
  • Aug 2023Seed—
  • Mar 2022Grant (prize money)—
  • Dec 2021Seed$288.3K
Founders & team
Artem HorilykCo-Founder & CPODmytro HorilykCo-Founder & CEOMiroslav DemchunCo-Founder & CTO
Investors
Think Bigger Capital, Farmak, Google for Startups, New Nordic Ventures, Dean Village
Tech stack
All In One SeoAnime.JsCloudflareCloudflare Bot ManagementCookieyesCore-Js
#12
Funding Raised · Tallinn, Harju County · founded 2003
$1.2Mraised
▾

Protobios is a provider of Immunoprofiling analysis services for biomarker development. It uses immune system activity and provides various services like immune profile, next-generation sequencing, database, and many more. It offers services utilizing MVA technology on quality assessment of biological compounds, like antibody drugs, bioactive compounds in clinical use, etc.

Funding rounds
  • Apr 2018Grant (prize money)$60.6K
  • Jan 2018Grant (prize money)$480.4K
  • Nov 2017Grant (prize money)$58.1K
  • Jan 2017Grant (prize money)$341K
Founders & team
Toomas NeumanFounderTonis TimmuskFounderKaia PalmFounder & CEO
Investors
EIC Fund, Europa, Tehnopol Startup Incubator
Tech stack
WordpressMysqlPhpBootstrapWpbakeryApache Http Server

Funding & investor landscape

$46.6Mtotal disclosed funding
18companies funded
38disclosed rounds
0rounds last 90 days
Most active investors
Europa10 rounds
EIC Fund8 rounds
EIT Health4 rounds
Specialist3 rounds
Amalfi2 rounds
Superangel2 rounds
Tehnopol Startup Incubator2 rounds
12 Capital1 rounds
Ambient Sound Investments1 rounds
Ansonbaer1 rounds

Notable founders

Dmytro Fishman
Co-Founder · Better Medicine
Kerli Luks
CEO · Muun Health
Andreas Ellervee
Co-Founder · Menken Trials
Anna Parts
Co-Founder · Menken Trials
Paavo Pilv
CEO · GeneCode
Grigory Vasiliev
Co-Founder · Nanordica Medical
Olesja Bondarenko
Co-Founder · Nanordica Medical
Sirli Kulli
Chairman & CEO · BiotaTec
Peeter Padrik
CEO / Founder · Antegenes
Indrek Kask
Founder · Bioatlas
Taavi Einaste
Founder · Bioatlas
Marje Kasari
Co-Founder · Gearbox Biosciences
Prism market signals · Estonia · country-scoped Prism corpus, 84,522 docs

Market landscape — 10 sub-themes by coverage

Share of Life Sciences coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Estonia

How research on Biotechnology is moving in Estonia

A read on the academic research around Biotechnology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 147 Estonia-affiliated papers.

top research entities
  • Ministry of Agriculture118
  • University of Tartu14
  • Tallinn University of Technology8
  • Estonian University of Life Sciences7
  • Ministry of Culture5
leading researchers
Carlos Camacho · Wei Zhao · Yuan Wang · Hui Sun · Wanying Zhao · Kurshedaktar Majibullah Shaikh · Kaspar Valgepea · Haijuan Zhang
▲ Breakthroughs32 · 22%
▲ 0%→21% share
0 median citations94% since 2021mostly methods-led
Breakthroughs are rising (0%→21% of field), led by Gene.
rising sub-themes (early→recent)
  • Gene9
  • Germplasm4
  • Transcription factor4
  • Gene silencing3
  • Food products2
Newly emergingGene 0→9
Landmark Cells release subpopulations of exosomes with distinct molecular and biological properties · 938 cites
◆ Advancements72 · 49%
▲ 0%→50% share
0 median citations99% since 2021mostly empirical
Advancements are rising (0%→50% of field), led by Gene.
rising sub-themes (early→recent)
  • Gene16
  • Microbiome7
  • Transcriptome5
  • Resistance (ecology)5
  • Plant disease resistance5
Newly emergingGene 0→16 · Microbiome 0→7 · Transcriptome 0→5
Landmark Effects of light quality on the accumulation of phytochemicals in vegetables produced in controlled environments: a revi · 449 cites
▼ Concerns21 · 14%
▲ 0%→14% share
0 median citations95% since 2021mostly reviews
Concerns are rising (0%→14% of field), led by Replication (statistics).
rising sub-themes (early→recent)
  • Replication (statistics)4
  • Agriculture3
  • Statistical analysis3
  • Context (archaeology)3
  • Sustainability2
Landmark Bioactives from Agri-Food Wastes: Present Insights and Future Challenges · 456 cites
RESEARCH HOTSPOTS · Estonia

Where biotechnology is researched across Estonia

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Tallinn300 · +0.44
Hot · GeneAdvancing · TranscriptomeOpportunity · MicrobiomeConcern · Agriculture
Tartu21 · +0.32
Opportunity · Gene

Common questions

How many Life Sciences companies are there in Estonia?
Radar tracks 53 indexable Life Sciences companies headquartered in Estonia that meet our profile-completeness bar.
What is the total funding raised by Life Sciences companies in Estonia?
The Life Sciences companies in Estonia on this list have raised a combined $46.6M in disclosed equity funding across 18 funded companies.
Which is the highest-funded Life Sciences company in Estonia?
GeneCode is the highest-funded Life Sciences company in Estonia, with $15.6M in disclosed equity funding.
How many Life Sciences companies in Estonia are funded?
18 of the 53 Life Sciences companies in Estonia on this list have disclosed at least one equity funding round.
How many Life Sciences unicorns are there in Estonia?
None of the Life Sciences companies in Estonia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Estonia Life Sciences companies?
The most active investors in Estonia Life Sciences companies on this list include Europa, EIC Fund, EIT Health, Specialist, Amalfi.
Riya SenguptaFinancials

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.

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