Astrec Invest

Astrec Invest is a venture capital firm established in 2005 and headquartered in Stockholm, Sweden. The firm specializes in investing in early-stage technology and life sciences companies. Astrec Invest distinguishes itself by not only providing capital but also by actively engaging with entrepreneurs through their time, expertise, and extensive network. The team adopts a hands-on approach, collaborating closely with the management of portfolio companies from their office in innovative Estonia. This commitment to partnership is rooted in the belief that their experience and connections significantly enhance the potential for success among the companies they support.

Past deals in FSU

Warren.io

Angel Round in 2016
Warren is a fully managed cloud platform for independent infrastructure providers worldwide to collectively form a distributed network and deliver a unified cloud experience for end-users everywhere.

Xolo

Angel Round in 2016
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.

Snabb

Angel Round in 2015
Snabb is an innovative platform that simplifies vehicle management for owners by consolidating various services, such as parking, washing, charging, and fueling, into a single, user-friendly app. Established in 2015, the company originated as a private parking solution in Tallinn and has since expanded its reach to serve over 50,000 users across ten international markets monthly. The app allows users to browse, book, navigate, start, pay for, review, and manage their vehicle services seamlessly. Snabb connects various vehicle service providers, offering features like commercial parking spaces, car wash programs, easy payment options, and advance spot bookings. This integration not only enhances convenience for drivers but also enables operators to connect their parking facilities to the internet, facilitating efficient toll collection and mobile invoicing. Snabb is committed to enhancing the user experience by bringing together diverse vehicle services on a single platform.

Vincent Holding

Angel Round in 2014
Vincent Holding is a sales and distribution company specializing in a wide range of consumer products. The company focuses on distributing accessories and personal care items, including hair, skin, and dental care products, as well as perfumes and men's and children's care products. By providing these diverse offerings, Vincent Holding enables businesses to purchase and retail beauty and personal care products effectively.

Plumbr

Angel Round in 2014
Plumbr makes Java applications faster and more reliable. It builds upon world class algorithms (patent pending) and crowd sourced knowledge base to effectively verify that your Java Java application does not have performance bottlenecks. It understands the architecture of the monitored application and interprets metrics in the context of that application. Should the application have performance threats, Plumbr's unique approach traces the reasons down to source code or environment configuration and creates human readable detailed instructions that help engineers solve the problems fast. Without Plumbr, such problems typically take weeks of engineering effort to understand and fix.

pilvio

Angel Round in 2014
Pilvio is a fully automated cloud platform that provides virtual servers, storage solutions, and cloud computing services. It allows users to host a wide range of information technology services, offering tools for deploying containers and virtual machines. The platform enables the creation of customized object storage spaces tailored to users' specific requirements, all while avoiding unpredictable monthly costs. Pilvio's technology streamlines processes, allowing developers to automate tasks, monitor expenses, and efficiently clone resources, facilitating the rapid development of new projects within minutes.

GrabCAD

Venture Round in 2014
GrabCAD is a mechanical engineering community for sharing talent, expand knowledge and collaborate, including free CAD model library and [engineering competitions platform The founders Hardi Meybaum and Indrek Narusk previously ran a product development company. GrabCAD was founded in 2009. The company's headquarters is based in Boston, USA with development team in Estonia.
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