Startup Wise Guys

Startup Wise Guys, established in 2012 and headquartered in Tallinn, Estonia, is a leading early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. It offers a world-class, up to five-month accelerator program focused on validating, developing, and selling products to business customers, with a particular interest in Sustainability, B2B SaaS, Fintech, Cybersecurity, and XR sectors. The program, supported by over 200 international and local mentors, has accelerated more than 300 startups, with an 80% success and survival rate, and 11 major exits. Post-program, startups join an alumni community of over 300 startups across 40 countries, gaining access to invite-only events for business development and fundraising support.

Alexandra Balkova

Partner

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner Africa

Andrea Orlando

Partner

Peter Sandberg

Venture Partner

Past deals in Virtual Reality

V-Vision

Seed Round in 2023
V-Vision specializes in virtual reality technology aimed at enhancing visual health through innovative treatment solutions. The company has developed a gamified therapy device specifically designed to address conditions like lazy eyes, macular degeneration, and glaucoma. Their wearable medical product includes engaging VR games that facilitate therapy, particularly for children suffering from amblyopia. This device not only offers dichoptic exercises but also allows parents to monitor their children's progress and adherence to treatment through tracking features. By connecting virtual reality devices, V-Vision enables the collection of valuable patient data that can be shared with ophthalmologists, enhancing the overall effectiveness of visual examinations and therapies.

SpectreXR

Seed Round in 2023
SpectreXR is a leading startup specializing in developing real-world hand interactions for virtual and augmented reality. Our complete cross-platform, no-code framework, OctoXR, solves the problem of implementing and simulating real-world hand interactions for any VR or AR project that uses hands as controllers and integrates with any hardware that uses hand-tracking technology. Welcome to the next reality!

Viar.Live

Pre Seed Round in 2023
Viar.live is a virtual reality platform that enables photographers to easily create and share virtual reality content. Originating from a real estate marketing project, Viar.live addresses the challenges associated with traditional virtual reality tour creation, which often requires expensive equipment and complex implementation processes. By leveraging innovative tour creation technologies, the platform allows users to transform still photographs into immersive virtual experiences. This capability is particularly beneficial for businesses such as hotels, real estate agencies, and museums, as it enhances their ability to showcase spaces in a captivating manner. Additionally, Viar.live streamlines the integration of virtual reality content into websites, blogs, and mobile applications, making it accessible to web and mobile developers. Overall, Viar.live simplifies the creation and deployment of virtual reality experiences, helping businesses enhance their marketing efforts and engage customers more effectively.

Mistikist

Seed Round in 2023
Mistikist is an AI-driven mental wellbeing platform designed to alleviate stress and enhance focus through personalized audio-visual brainwave entrainment. By leveraging advanced neuroscience, machine learning, and real-time biometrics, Mistikist customizes each session to meet individual user needs, delivering noticeable results in a short time. The platform caters to both business and consumer markets, offering subscription-based services for individuals and enterprise licensing for organizations. Users can access Mistikist through mobile applications, virtual reality headsets, and wearable devices, making it adaptable to busy lifestyles. The application employs audio and visual stimuli, such as binaural beats and kaleidoscope imagery, to influence brainwave activity, promoting relaxation, focus, and improved sleep without the use of medication.

Illumia Labs

Pre Seed Round in 2023
Illumia Labs operates an advanced training platform that utilizes immersive virtual, mixed, and augmented reality technologies, specifically tailored for the aerospace and aeronautics sectors, including both commercial and military applications. The platform creates a digital twin within a metaverse training campus, offering competency-based training that is both adaptive and accessible. By incorporating artificial intelligence and augmented modalities, Illumia Labs enhances the educational experience, allowing learners to engage in personalized training that meets their individual needs. The company's mission is to empower current and future generations of workers by providing high-quality training solutions that are accessible to everyone, regardless of location.

Skillup

Pre Seed Round in 2023
Skillup is a Norwegian tech-innovator specialising in Medical Simulation. Our flagship product is the VR Medical Simulation Center, a fully functional virtual Simulation as a Service platform that allows more realism and training with less resources. Our solution offers a cost-effective alternative to traditional medical simulation centres, providing medical professionals with the opportunity to enhance their skills and proficiency in a realistic, simulated environment. We ensure safer procedures training at a fraction of the cost of a conventional medical simulation centre

VR Ulysses

Pre Seed Round in 2023
VR Ulysses is a technology firm specializing in the development of virtual reality applications focused on data and cybersecurity, as well as network operations. The company offers a cloud management platform that allows users to interact with network cloud assets in an immersive environment. This platform enhances cybersecurity by providing real-time observability of the attack surface, which aids in the investigation of network assets, vulnerabilities, and security events. By facilitating a comprehensive view of potential threats, VR Ulysses enables clients to respond swiftly and effectively to security challenges.

10X Immersive

Pre Seed Round in 2022
10X Immersive specializes in creating a personalized virtual reality platform designed to alleviate anxiety and discomfort for pediatric patients during medical procedures. The company's innovative approach utilizes evidence-based technology and machine learning algorithms to tailor VR scenarios based on real-time biofeedback data from the patients. This adaptive system generates stimuli that respond to the children's emotional states, facilitating a more immersive experience that promotes relaxation and distraction from the medical environment. Through its focus on enhancing the emotional well-being of young patients, 10X Immersive aims to make medical procedures less painful and more manageable.

SkillUp

Pre Seed Round in 2022
SkillUp is an advanced virtual reality-based skills training library designed to accelerate the acquisition of on-site work skills. The company is headquartered in South Africa.

Sense of Space

Pre Seed Round in 2022
Sense of Space Oy is a company based in Helsinki, Finland, specializing in the design and development of volumetric video content creation software for augmented and virtual reality. Founded in 2019, it offers Sense XR Studio, a comprehensive tool that allows users to import, edit, and enhance videos with augmented reality interactions, enabling the creation of immersive volumetric stories. The company also provides a 3D polygon streaming platform that facilitates the uploading, converting, and sharing of detailed 3D models across various digital projects and devices. This platform enables users to stream their models and virtual environments seamlessly, while simplifying the process of creating three-dimensional content without the need for extensive manual optimization or data compression.

ExplodedView

Pre Seed Round in 2022
ExplodedView develops an extended reality platform that enables content creators to produce video content using virtual and augmented reality tools. This innovative platform supports influencers and marketing agencies in navigating the metaverse by allowing the creation of immersive experiences with user-generated avatars and custom environments. By merging augmented and virtual reality on portable devices, ExplodedView offers flexibility and removes physical limitations, empowering creators to engage audiences in a more interactive and personalized manner.

Future Fashion

Seed Round in 2022
Future Fashion is an omnichannel platform that helps fashion brands to virtualize and customize their collections in 3D by reducing sample costs and increasing customer experience. It's the owner of DIS, the brand offering the fastest made to order shoe service in the world. Thanks to an end-to-end platform, today DIS sells shoes without producing them using an omnichannel 3D configurator with over 60 million virtual combinations

Future Fashion

Seed Round in 2022
Future Fashion is an omnichannel platform that helps fashion brands to virtualize and customize their collections in 3D by reducing sample costs and increasing customer experience. It's the owner of DIS, the brand offering the fastest made to order shoe service in the world. Thanks to an end-to-end platform, today DIS sells shoes without producing them using an omnichannel 3D configurator with over 60 million virtual combinations

Future Fashion

Pre Seed Round in 2022
Future Fashion is an omnichannel platform that helps fashion brands to virtualize and customize their collections in 3D by reducing sample costs and increasing customer experience. It's the owner of DIS, the brand offering the fastest made to order shoe service in the world. Thanks to an end-to-end platform, today DIS sells shoes without producing them using an omnichannel 3D configurator with over 60 million virtual combinations

PatchXR

Pre Seed Round in 2022
PatchXR is a software company focused on developing playful technologies that encourage creativity, particularly in immersive music creation and virtual world-building. Its flagship product, PatchWorld, launched on the Quest 2 store, allows users to create unique virtual environments and compose music, fostering opportunities for both solo play and remote collaboration. This platform enables individuals to form virtual bands and host parties, enhancing social interaction in a vibrant virtual landscape. PatchXR has seen significant traction since its launch in July 2022, with over 1,000 paying users and a 40% active user rate. The company has raised $500,000 in a pre-seed funding round and received a substantial grant from a major player in the metaverse space. PatchXR's technology includes a proprietary real-time simulation engine and a no-code user interface, making it accessible for both casual gamers and more experienced creators. The fully managed cloud infrastructure supports social, financial, and gameplay interactions, positioning PatchXR as a prominent player in the evolving creative economy of the metaverse.

Plutoview

Seed Round in 2022
Plutoview develops a multi-user virtual applications platform aimed at enhancing community engagement and collaboration within virtual environments. By providing easy-to-use tools, the platform enables users to interact in immersive virtual spaces without the need for software downloads. Key features include virtual spaces for community interaction, integration with Discord for launching applications, and a drawing portal for creating NFTs and fan art collaboratively. Plutoview's mission is to transform how people work, learn, and socialize by offering a range of activities such as virtual shopping, trip planning, and movie watching, all designed to replicate the experience of real-life interactions. The platform serves to foster creativity and connection among users, making virtual environments accessible and engaging for diverse communities.

Ready Player Me

Series A in 2021
Wolf3D specializes in creating realistic 3D avatars and models for virtual reality (VR) and augmented reality (AR) applications, as well as for gaming. Founded in 2014 and headquartered in Tallinn, Estonia, with an office in Los Angeles, the company employs advanced 3D scanning technology to generate detailed avatars from smartphone captures. Their platform enables the 3D printing of human sculptures and the creation of anatomical models for surgical planning, thereby enhancing the capabilities of developers in integrating 3D content into games and VR environments. Wolf3D has also operated its scanning technology in various public venues, including airports and museums, expanding its reach across multiple industries.

Ready Player Me

Series A in 2021
Wolf3D specializes in creating realistic 3D avatars and models for virtual reality (VR) and augmented reality (AR) applications, as well as for gaming. Founded in 2014 and headquartered in Tallinn, Estonia, with an office in Los Angeles, the company employs advanced 3D scanning technology to generate detailed avatars from smartphone captures. Their platform enables the 3D printing of human sculptures and the creation of anatomical models for surgical planning, thereby enhancing the capabilities of developers in integrating 3D content into games and VR environments. Wolf3D has also operated its scanning technology in various public venues, including airports and museums, expanding its reach across multiple industries.

Future Fashion

Pre Seed Round in 2021
Future Fashion is an omnichannel platform that helps fashion brands to virtualize and customize their collections in 3D by reducing sample costs and increasing customer experience. It's the owner of DIS, the brand offering the fastest made to order shoe service in the world. Thanks to an end-to-end platform, today DIS sells shoes without producing them using an omnichannel 3D configurator with over 60 million virtual combinations

REXR

Pre Seed Round in 2018
REXR is a company focused on creating immersive gaming experiences by enabling players to enjoy any PC game in virtual reality. Founded in 2018 and based in Tallinn, Estonia, the company has developed a platform that transforms traditional video games into a VR format, enhancing the overall gaming experience for users. By leveraging virtual reality technology, REXR aims to offer gamers an innovative way to engage with their favorite titles, thus expanding the possibilities of gameplay in a more interactive and immersive environment.

Vrnet

Pre Seed Round in 2017
Vrnet specializes in transforming 3D CAD models into immersive virtual reality (VR) and augmented reality (AR) experiences. This technology addresses communication challenges faced by architects and interior designers, who often rely on blueprints and 2D renders to present their projects. By converting these 3D models into realistic VR walkthroughs, Vrnet allows clients to perceive the scale, space, distances, and heights of architectural designs as they would in real life. This innovation not only enhances client understanding but also enables property developers and real estate companies to enter the growing market of virtual reality showrooms, providing a more engaging way to showcase their projects.

Exonicus

Seed Round in 2016
Exonicus, Inc. specializes in revolutionizing emergency medical training through the development of artificial intelligence-driven virtual and augmented reality simulations. The company's flagship product, the Exonicus Trauma Simulator, is designed for military personnel, first responders, and healthcare professionals, offering scalable and high-fidelity training solutions. By reducing reliance on instructors and aligning training with real-world protocols, Exonicus enhances the readiness and decision-making capabilities of medical personnel, ultimately contributing to improved patient outcomes in critical situations.

Ready Player Me

Pre Seed Round in 2016
Wolf3D specializes in creating realistic 3D avatars and models for virtual reality (VR) and augmented reality (AR) applications, as well as for gaming. Founded in 2014 and headquartered in Tallinn, Estonia, with an office in Los Angeles, the company employs advanced 3D scanning technology to generate detailed avatars from smartphone captures. Their platform enables the 3D printing of human sculptures and the creation of anatomical models for surgical planning, thereby enhancing the capabilities of developers in integrating 3D content into games and VR environments. Wolf3D has also operated its scanning technology in various public venues, including airports and museums, expanding its reach across multiple industries.
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