Astrec Invest
Astrec Invest is a venture capital firm founded in 2005, with offices in Stockholm, Sweden, and Estonia. The firm focuses on early-stage investments in technology and life sciences startups, providing financial support as well as valuable resources such as time, expertise, and a robust network. Astrec Invest prioritizes collaboration with entrepreneurs to enhance the potential for success in their portfolio companies. The firm adopts a hands-on approach, working closely with management teams to leverage their experience and advisory connections, which they believe significantly contribute to the growth and development of the businesses they invest in.
Snabb, operating under the name Barking LLC, is a company based in Tallinn, Estonia, that provides a digital platform connecting drivers and merchants for various car-centric services, including parking, car washing, and toll collection. Founded in 2015, Snabb addresses the challenges posed by traditional offline payment systems for these services, which can be time-consuming and costly for both parties. By facilitating mobile payments and offering monthly subscription options for drivers, the platform streamlines these transactions. Additionally, merchants benefit from internet-enabled marketing tools and opportunities for revenue growth, allowing them to adapt to the increasing consumer preference for e-commerce solutions.
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