Startups from Estonian county Ida Virumaa increased their turnover by 167% in 1Q 2024
The highest turnover of €580K was achieved by DGTal Solutions (which provides legal, technological, and reporting solutions for content creators). PROSW Analytics (develops a media scan tool that helps companies find risk-related news about their customers/partners) had the second highest turnover of €190K. Gaming platform Friedegggames and travel startup ROMTRIP had a turnover of €140K.
According to the Tax and Customs Board, at the end of the first quarter of 2024, 32 people worked in startups in Ida-Viru county, and the largest employer was cleantech Efenco, with 12 employees.
Startup Estonia is a government initiative that supports the development of the startup ecosystem, co-organizes events, educates local investors, and attracts foreign investors to Estonia.