Startup Wise Guys

Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent startup accelerator focused on early-stage investments in the CEE region and Nordics. The accelerator has supported over 300 startups, specializing in sectors such as B2B, software as a service, fintech, cybersecurity, and sustainability. With an intensive program lasting up to five months, Startup Wise Guys helps founders validate, develop, and market their products to business customers, leveraging the expertise of more than 200 international and local mentors. The program prepares startups for investor engagement, culminating in Demo Days and appearances at major tech events to showcase their innovations to potential investors. The organization boasts a high startup survival rate exceeding 80% and has facilitated 11 significant exits. Upon completion of the program, startups join a network of over 300 alumni across more than 40 countries, gaining access to exclusive events focused on business development and fundraising.

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner Africa

Andrea T. Orlando

Partner

Peter Sandberg

Venture Partner

Past deals in Africa

T40 Technologies

Pre Seed Round in 2022
Founded in 2019, T40’s mission is to challenge the status quo on behalf of small and medium-sized intercity transport service operators in Nigeria. We are doing so by building an open technology infrastructure that would enable transport operators of all sizes to transition from manual and analog operations to a digital system that is guaranteed to deliver revenue growth and increased productivity to their businesses. Our digital channels has also helped many operators offer improved services to their travelers hence increasing their NPS in the process.

SoterAI

Series A in 2022
Soter Analytics PTY LTD focuses on preventing musculoskeletal injuries in industrial workplaces through its innovative Soter Spine system, which combines wearable sensors and advanced analytics. The company provides devices that continuously monitor human movement, capturing health and locational data to identify at-risk movements and alert workers accordingly. By partnering with large industrial organizations, Soter integrates additional sensors, such as those for temperature and heart rate, to enhance safety and productivity. The company also offers an application that tracks long-term impacts and provides actionable recommendations for injury prevention. Founded in 2015 and based in Perth, Australia, Soter Analytics aims to set a new standard in workplace safety and ergonomics by leveraging AI-powered insights to foster a culture of safety and efficiency among workers.

Data Against Data

Pre Seed Round in 2022
Data Against Data is a company based in Bucharest, Romania, that focuses on enhancing online data privacy. It has developed a platform aimed at identifying companies that hold personal data and provides users with a comprehensive list of websites and applications to help secure their online information. The platform enables users to reclaim control over their data by allowing them to request deletion from various online sources that collect and store personal information, thereby facilitating greater privacy protection.

Kiotapay

Convertible Note in 2022
Kiotapay is SAAS Proptech company that streamlines and automates the entire lifecycle of rental management

Zofi Cash

Venture Round in 2022
Zofi Cash is a digital financial platform designed to transform the payment cycle for salaried individuals in Africa. Recognizing that waiting a full month for a paycheck can be challenging, Zofi Cash aims to make every day a payday for hardworking employees. The platform offers affordable salary advances, providing financial support to individuals facing emergencies before their scheduled paydays. By facilitating access to loans at low interest rates, Zofi Cash empowers users to manage their financial needs effectively and ensures that they have the resources to navigate unexpected expenses seamlessly.

Planet42

Venture Round in 2021
Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.

Mellyn

Pre Seed Round in 2021
Mellyn offers a smart, adaptive authentication service that protects applications from unauthorized access and account takeover attacks. Seamlessly integrating our API and SDK with your app evaluates each login attempt using multiple factors like location, usage patterns, and threat signals to determine a risk score. High-risk logins prompt adaptive multi-factor authentication to verify identity, while legitimate users experience a smooth login process. With just a few lines of code, developers can bolster their app’s defense against evolving threats. Mellyn's risk-based approach blocks attackers and ensures a hassle-free experience for genuine users.

Mellyn

Convertible Note in 2021
Mellyn offers a smart, adaptive authentication service that protects applications from unauthorized access and account takeover attacks. Seamlessly integrating our API and SDK with your app evaluates each login attempt using multiple factors like location, usage patterns, and threat signals to determine a risk score. High-risk logins prompt adaptive multi-factor authentication to verify identity, while legitimate users experience a smooth login process. With just a few lines of code, developers can bolster their app’s defense against evolving threats. Mellyn's risk-based approach blocks attackers and ensures a hassle-free experience for genuine users.

Conte.ai

Seed Round in 2020
Conte.ai is a developer of an AI-powered platform that automates social media marketing by creating and publishing content on behalf of users. This service allows clients to manage multiple social network accounts and messaging applications efficiently. Users can create, schedule, and promote unique posts while also searching for and editing images. The platform operates on autopilot, facilitating seamless communication with clients through social inboxes without requiring constant input from users. Additionally, Conte.ai provides analytics to help clients monitor the performance of their content.

Planet42

Seed Round in 2020
Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.

Planet42

Venture Round in 2019
Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.

Bolt

Series C in 2019
Bolt Technology OÜ is a transportation platform based in Tallinn, Estonia, that provides ride-hailing, micromobility, and food delivery services. Founded in 2013, Bolt operates a smartphone application that allows users to book taxis directly, selecting options based on price and quality ratings, while also tracking the driver's arrival in real time. The platform aims to enhance urban mobility by offering a reliable and accessible alternative to traditional transportation methods, contributing to reduced traffic congestion and pollution in cities. With over 50 million customers across more than 40 countries, Bolt is recognized as one of the fastest-growing startups globally, striving to create a future with less reliance on car ownership.

SoterAI

Pre Seed Round in 2016
Soter Analytics PTY LTD focuses on preventing musculoskeletal injuries in industrial workplaces through its innovative Soter Spine system, which combines wearable sensors and advanced analytics. The company provides devices that continuously monitor human movement, capturing health and locational data to identify at-risk movements and alert workers accordingly. By partnering with large industrial organizations, Soter integrates additional sensors, such as those for temperature and heart rate, to enhance safety and productivity. The company also offers an application that tracks long-term impacts and provides actionable recommendations for injury prevention. Founded in 2015 and based in Perth, Australia, Soter Analytics aims to set a new standard in workplace safety and ergonomics by leveraging AI-powered insights to foster a culture of safety and efficiency among workers.
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