Dealroom – Baltics Deep Tech Report, 2024

The Baltic region is outperforming global trends with 20 unicorns created by Baltic founders. The focus of this year's report is on the thriving ecosystem of Deep Tech, AI, and Climate Tech startups, showcasing the growth in investments and value creation. Iron Wolf Capital is dedicated to uniting Baltic talent in AI and Deep Tech, with initiatives like the Top 250 Deep Tech Startups list and the Deep Tech Breakfast community events. The Baltic countries have raised over €150M in investment for Deep Tech for three consecutive years, with startups raising €164M in 2024 YTD. Deep Tech and AI startups in the region have a combined enterprise value of €6.8B, accounting for 20% of the total value of the Baltic ecosystem, which has doubled in the last five years. Plans are underway for the next edition of the report to explore additional topics like dual-use technology.