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Radar · Mobile in Estonia

Best Mobile Companies in Estonia

The 63 best Mobile companies in Estonia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ultra.

63companies tracked
$39.5Mdisclosed funding
0unicorns
9have raised
Sources & further reading
  • Mobile penetration in 2nd world to hit 95% by 2013
  • Ireland's mobile phone usage in numbers
FLIAR INTELLIGENCE · MOBILE × ESTONIA

Our analysis of 127 Mobile companies

$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

127companies analysed
88%cloud-native stacks
2024funding peak (by rounds)
17unicorns
2018median founding year

Ranked: Best Mobile companies in Estonia

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Ultra
Provider of a platform for discovering, playing, and competing in games
$23M14 mo agoSeries BNicolas Gilot
Co-Founder & Co-CEO
2017WordPress Site EditorWordPressMySQL+21—
2Plummy Games
Developer of casual games for mobile devices
$6M43 mo agoSeries AAdnan Kobazoglu
Co-Founder
2020——
3Original Games
Mobile game developer focusing on casual games
$6M56 mo agoSeed—2018TildaCloudflarecdnjs+8—
4Arenum
Provider of blockchain-based gaming platform
$3M52 mo agoFunding RaisedAlexander Zelenshikov
Co-Founder
2018——
5Crypto Fight Club
NFT-based trading platform for games
$600K54 mo agoFunding RaisedCedric Gautier
Founder
2021——
6Spinblade
Provider of play-to-earn spinning game
$250K44 mo agoSeedIbrahim Kaya
Co-Founder & MD
2022——
7Snacka!
App-based audio and video calling platform
—48 mo agoSeed—2020——
8Shuut
Video ad creation tool
—95 mo agoDeadpooledNiko Porkka
Co-Founder
2016——

Top 9 Mobile 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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 43.1% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Apr 2025Series B$12M
  • Jul 2019ICO$11.4M
Founders & team
Nicolas GilotCo-Founder & Co-CEODavid HansonCo-Founder & Co-CEO
Investors
NOIA Capital, Moonrockcapital, Cypheron Ventures, BBS Finance, NEOPLY, Vysyn
Tech stack
AlgoliaAmazon S3Amazon Web ServicesAngularApolloCloudflare
#2
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 21.9% of this cohort's audience
Hiring: 7 hiring posts in 12 mo (public) · momentum -2 · hiring: Senior UI Artist, Senior GameDev Engineer (C++)
Funding rounds
  • Nov 2022Series A$6M
Founders & team
Adnan KobazogluCo-FounderOlga ZamisnaiaCo-Founder & CEOS SahinCo-Founder
Investors
X-FLOW
#3
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.

Funding rounds
  • Oct 2021Seed$6M
Investors
Play Ventures, Big Bets, Menlo Capital Holdings, LLC, Bluelakeholdings, Andreessen Horowitz
Tech stack
CdnjsCloudflareCore-JsDdos-GuardDreamhostFacebook Pixel
#4
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.

Funding rounds
  • Feb 2022ICO$3.3M
Founders & team
Alexander ZelenshikovCo-FounderAlexander PasechnikCo-FounderEduard GurinovichCo-Founder
Investors
7 O'clock Capital, BCA Investments, Avstar, IOBC Capital
#5
Funding Raised · Tallinn, Harju County · founded 2021
$600Kraised
▾

NFT-based trading platform for games. It enables users to play and earn rewards, high-yield staking, and more. It allows players to properly stake, battle opposing fighters, and even compete in championship events for real rewards.

Funding rounds
  • Dec 2021ICO$600K
Founders & team
Cedric GautierFounder
Investors
RR2 Capital
#6
Seed · Tallinn, Harju County · founded 2022 · 13 employees
$250Kraised
▾

Provider of play-to-earn spinning game. SpinBlade is a spinning top dueling game with special powers, boosters, and a workshop for upgrading and unlocking new tops, and dueling modes. Players own spinning tops and battle in arenas to win prizes. The game will be available for mobile devices.

Funding rounds
  • Oct 2022Angel$250K
Founders & team
Ibrahim KayaCo-Founder & MD
#7
Seed · Tallinn, Harju County · founded 2020 · 1 employees
—raised
▾

Developer of communication platform intended to connect with friends and family. The company's application leveraging new high-performance computing technologies provides reliability in challenging internet conditions and privacy with end-to-end encryption without compromising performance, it application enables users to stay in touch with those that are most important to them and have meaningful and intentional communication online from sales teams to educators and privacy-focused users in research and development, finance, high-end consulting, enabling the company to stream audio and video online.

Funding rounds
  • 2022Seed—
Investors
Startup Wise Guys, Teorema Da Felicidade Unipessoal Lda, laTabula, BlendIT
#8
Deadpooled · Tallinn, Harju County · founded 2016 · 2 employees
—raised
▾

Shuut offers a video ad creation tool for advertisers and small businesses to create video adverts and promote them in social media. Offers pre-defined templates for businesses to create the adverts and enables them to advertise based on geographic and demographic targeting features.

Funding rounds
  • Jul 2018Seed—
Founders & team
Niko PorkkaCo-FounderChris MooreCo-Founder & CEO
Investors
Next Media Accelerator, Elevator Startups, ADM Interactive, Pravi Investeeringud
Tech stack
Nginx
#9
Seed · Tallinn, Harju County · founded 2015
—raised
▾

Provides of specialized browser for developers. Platform offering IDE-based web application development solution. The platform combines development and testing processes for mobile and desktop applications into a single workflow. It allows developers to find and fix bugs. It refreshes the pages automatically when the source code is modified. It offers cloud storage for screenshots and screen records.

Funding rounds
  • 2015Seed—
Founders & team
Nikita BakirovCEO
Investors
Startup Wise Guys
Tech stack
AzureAzure Front DoorGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerHsts

Funding & investor landscape

$39.5Mtotal disclosed funding
6companies funded
7disclosed rounds
0rounds last 90 days
Most active investors
Play Ventures2 rounds
Startup Wise Guys2 rounds
0c Ventures1 rounds
1Up Ventures1 rounds
7 O'clock Capital1 rounds
ADM Interactive1 rounds
Andreessen Horowitz1 rounds
Avstar1 rounds
BBS Finance1 rounds
BCA Investments1 rounds

Notable founders

Nicolas Gilot
Co-Founder & Co-CEO · Ultra
David Hanson
Co-Founder & Co-CEO · Ultra
Adnan Kobazoglu
Co-Founder · Plummy Games
Olga Zamisnaia
Co-Founder & CEO · Plummy Games
Alexander Zelenshikov
Co-Founder · Arenum
Alexander Pasechnik
Co-Founder · Arenum
Cedric Gautier
Founder · Crypto Fight Club
Ibrahim Kaya
Co-Founder & MD · Spinblade
Niko Porkka
Co-Founder · Shuut
Chris Moore
Co-Founder & CEO · Shuut
Nikita Bakirov
CEO · Blisk
Prism market signals · Estonia · country-scoped Prism corpus, 86,459 docs

Market landscape — 10 sub-themes by coverage

Share of Mobile coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Estonia

How research on 5G / 6G Networks is moving in Estonia

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 7 Estonia-affiliated papers.

top research entities
  • Tallinn University of Technology7
leading researchers
Allan Tart · Tõnu Trump · Yannick Le Moullec · Davide Scazzoli · Maurizio Magarini · Luca Reggiani · Muhammad Mahtab Alam · Ritu Rani
▲ Breakthroughs1 · 14%
0%→0% share
6 median citations0% since 2021mostly theory-led
Breakthroughs are cooling (0%→0% of field), led by Nonlinear system.
rising sub-themes (early→recent)
  • Nonlinear system1
  • Observer (physics)1
  • Transformation (genetics)1
  • Control theory (sociology)1
  • Discrete time and continuous time1
Landmark Transformation of Nonlinear MIMO Discrete‐Time Systems into the Extended Observer Form · 6 cites
◆ Advancements5 · 71%
0%→0% share
1 median citations0% since 2021mostly methods-led
Advancements are cooling (0%→0% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming4
  • Real-time computing2
  • Robustness (evolution)2
  • Software-defined radio1
  • Single antenna interference cancellation1
Landmark A Deep Learning Approach for LoS/NLoS Identification via PRACH in UAV-assisted Public Safety Networks · 6 cites
▼ Concerns1 · 14%
0%→0% share
5 median citations0% since 2021mostly methods-led
Concerns are cooling (0%→0% of field), led by Correctness.
rising sub-themes (early→recent)
  • Correctness1
  • MIMO1
  • Transmission (telecommunications)1
  • Automatic dependent surveillance-broadcast1
  • Computer security1
Landmark Addressing security issues in ADS-B with robust two dimensional generalized sidelobe canceller · 5 cites
RESEARCH HOTSPOTS · Estonia

Where 5g 6g 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.

Tallinn8 · +0.47

Common questions

How many Mobile companies are there in Estonia?
Radar tracks 63 indexable Mobile companies headquartered in Estonia that meet our profile-completeness bar.
What is the total funding raised by Mobile companies in Estonia?
The Mobile companies in Estonia on this list have raised a combined $39.5M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Mobile company in Estonia?
Ultra is the highest-funded Mobile company in Estonia, with $23.4M in disclosed equity funding.
How many Mobile companies in Estonia are funded?
6 of the 63 Mobile companies in Estonia on this list have disclosed at least one equity funding round.
How many Mobile unicorns are there in Estonia?
None of the Mobile companies in Estonia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Estonia Mobile companies?
The most active investors in Estonia Mobile companies on this list include Play Ventures, Startup Wise Guys, 0c Ventures, 1Up Ventures, 7 O'clock Capital.
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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