Estonia · Growth startup

Who invested in Skeleton Technologies

6 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AICleantechEnergyManufacturing

Raised this month

Funding summaryUpdated 26 Oct 2026

$274Mraised across 6 rounds since 2013, from 10 sources

$2.8MVenture$5.2MSeries A$11MSeries B$42MRound$114MRound$100MGrowth
Latest round
Growth, $100MOct 2026
Led by
Siemens
Biggest round
$114MRound · Oct 2023
Investors
13 (4 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013201520172019202120232025
$2.8MVenture$5.2MSeries A$11MSeries B$42MRound$114MRound$100MGrowth
First round
Venture, $2.8M
Apr 2013
Biggest round
$114M
Round · Oct 2023
Usual gap between rounds
20 months
the median of 5

The rounds

  1. Oct 2026
    Growth$100M1 new

    Reported by ArcticStartup and 4 others

  2. Oct 2023
  3. Jan 2022
  4. Jun 2015
    Series B$11M1 new

    From a historical funding record

  5. Jul 2014
    Series A$5.2M2 new

    From a historical funding record

  6. Apr 2013
    Venture$2.8M

    No investor was named in the report.

    From a historical funding record

Founders and team

From Skeleton Technologies's own website: 2 founders, 4 on the team.

Taavi MadiberkChief Executive Officer, Co-Founder
Oliver AhlbergChairman of the Board, Co-Founder
  • Dr. Linus FroböseChief Technology Officer
  • Margus ValsChief Financial Officer
  • Tero JärveläinenChief Product Officer
  • Timo KoljonenChief Operating Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

SiemensCorporate VC1round, led 1
Taavet HinrikusVC firm1round, led 1
Siemens Financial ServicesVC firm1round, led 1
Taavet+StenVC firm1round, led 1
EIT InnoEnergyVC firm1round
MarubeniVC firm1round
CBMMGrowth equity1round
Bengt WahlqvistAngel1round
founding team members of AdyenInvestment firm1round
Harju Elekter GroupGrowth equity1round
Nidoco ABInvestment firm1round
UP InvestVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Skeleton Technologies as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

SmartCapVC firmPer its own site

Quick answers about Skeleton Technologies

Who invested in Skeleton Technologies?

Skeleton Technologies's investors include Siemens, Taavet Hinrikus, Siemens Financial Services, Taavet+Sten and EIT InnoEnergy, and 8 more on record. Siemens led its latest round.

How much has Skeleton Technologies raised?

Skeleton Technologies has raised $274M across 6 rounds since 2013.

When did Skeleton Technologies last raise?

Skeleton Technologies's most recent round was a Growth of $100M in Oct 2026, led by Siemens.

What was Skeleton Technologies's biggest round?

Skeleton Technologies's largest round on record is $114M (Undisclosed round), in Oct 2023, led by Siemens Financial Services.

Who backed Skeleton Technologies first?

Skeleton Technologies's first round on record, in Jul 2014, was backed by Estonian Private Equity & Venture Capital Association (EstVCA) and UP Invest.

What stage is Skeleton Technologies at?

Skeleton Technologies's latest named round is a Growth, in Oct 2026.

Where is Skeleton Technologies based?

Skeleton Technologies is based in Estonia.

Who led Skeleton Technologies's rounds?

Taavet Hinrikus led the Undisclosed round in 2022; Siemens Financial Services led the Undisclosed round in 2023; Siemens led the Growth in 2026.

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