Startup Wise Guys

Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. The organization has accelerated over 165 startups, primarily in B2B SaaS, fintech, and cybersecurity, achieving a startup survival and success rate exceeding 77%. Its intensive three-month accelerator program focuses on product validation, development, and sales to business customers, supported by a network of over 200 international and local mentors. The program culminates in Demo Days and major tech events where startups present their ventures to potential investors. Additionally, participants gain access to an alumni community of more than 145 startups across 40 countries and exclusive alumni events centered on business development and fundraising. Startup Wise Guys also manages dedicated funds targeting various sectors, including an Africa Fund that invests in fintech, health tech, and digital SaaS, among others.

Alexandra Balkova

Partner, Head of Portfolio

Gunce Onur

Venture Partner Turkey

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner, Africa

Andrea T. Orlando

Partner

Günce Önür

General Partner, Challenger II

Past deals in Virtual Reality

Agora World

Pre Seed Round in 2023
Our platform provides captivating shared experiences in customizable environments, the ability to display one's true personality, and the opportunity to curate valuable connections. With the 3D nature of our platform, we can support networking events, conferences, trade shows, demo days, event spaces, retail marketplaces and more.

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 specializes in developing a virtual reality authoring tool that enables users to create and interact with digital musical instruments in a 3D environment. The platform focuses on delivering immersive musical experiences that facilitate remote co-creation, allowing users to engage in real-time music jam sessions with others around the globe. By combining advanced sound technologies with a multiplayer sandbox format, PatchXR provides an accessible, no-code engine that empowers digital natives to design their own virtual hangouts. This innovative approach transforms traditional music collaboration into an engaging and expressive experience, enabling users to connect and create in a dynamic virtual space.

Elai.io

Pre Seed Round in 2022
Developer of an artificial intelligence-based text-to-video platform designed to make customized videos with a human-like avatar. The company's platform allows users to select a virtual presenter, and add slides and text and the system generates users' videos, enabling customers to transform an article into a video presentation with a human presenter in a couple of clicks.

Wolf3D

Series A in 2021
Wolf3D, founded in 2014 and headquartered in Tallinn, Estonia, with an additional office in Los Angeles, specializes in creating realistic 3D avatars for virtual and augmented reality applications. Utilizing advanced 3D scanning technology, the company produces detailed avatars that can be used as game characters or custom mannequins in various VR environments. Wolf3D's scanning services are accessible in public venues such as airports, museums, and conference halls, allowing for widespread engagement. The company aims to enhance communication in virtual reality, fostering authentic relationships among users, thereby integrating the human element into digital interactions.

Wolf3D

Series A in 2021
Wolf3D, founded in 2014 and headquartered in Tallinn, Estonia, with an additional office in Los Angeles, specializes in creating realistic 3D avatars for virtual and augmented reality applications. Utilizing advanced 3D scanning technology, the company produces detailed avatars that can be used as game characters or custom mannequins in various VR environments. Wolf3D's scanning services are accessible in public venues such as airports, museums, and conference halls, allowing for widespread engagement. The company aims to enhance communication in virtual reality, fostering authentic relationships among users, thereby integrating the human element into digital interactions.

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

VSight

Seed Round in 2021
VSight UAB, founded in 2014 and based in Vilnius, Lithuania, specializes in developing and marketing HangaarLab, an augmented reality remote support and assistance platform tailored for enterprises. This platform enhances operational efficiency by enabling remote maintenance, repair, inspection, and training processes. By integrating wearable and mobile technology into enterprise workflows, VSight facilitates real-time knowledge sharing and expert connectivity, allowing field personnel to receive immediate support from specialists. The use of video and audio communication, along with interactive manuals and advanced models, empowers companies to transform their workforce into a more intelligent and productive unit, ultimately driving improved outcomes in manufacturing and other sectors.

VSight

Pre Seed Round in 2019
VSight UAB, founded in 2014 and based in Vilnius, Lithuania, specializes in developing and marketing HangaarLab, an augmented reality remote support and assistance platform tailored for enterprises. This platform enhances operational efficiency by enabling remote maintenance, repair, inspection, and training processes. By integrating wearable and mobile technology into enterprise workflows, VSight facilitates real-time knowledge sharing and expert connectivity, allowing field personnel to receive immediate support from specialists. The use of video and audio communication, along with interactive manuals and advanced models, empowers companies to transform their workforce into a more intelligent and productive unit, ultimately driving improved outcomes in manufacturing and other sectors.

GameHunt.gg

Pre Seed Round in 2019
GameHunt.gg is a gaming community where gamers find the best games, top Metaverse experiences, and fellow gamers who 'get it'. The website is a massive games database with Cloud Gaming technology enabling gamers to demo games without any download or installation before they buy. On GameHunt, gamers are able to interact with their friends, fellow gamers, favorite content creators, game publishers and studios - bringing together the meta-elements that contribute to the experience of all the great games we know and love. You can join our wait-list to be part of the GameHunt community from https://www.gamehunt.gg/ Back-story: Our first brand was REXR (https://www.rexr.io/), for our XR (VR/AR) platform for video games enabling you to play any game in Virtual Reality using our real-time stereo depth reproduction technology that improves VR compute performance by over 96%! We unlocked the ability for game studios to create truly immersive experiences without overhead development cost dealing with performance compromises like reducing polygon count per scene and removing visual effects like ray tracing. For consumers, with the REXR app you could play any PC game in VR using just your mobile phone in a headset, completely wireless. In solving technological challenges in VR, we had to get our video-streaming into ultra-low-latency territory. Existing solutions (WebRTC, RTMP, RTSP, and the many, many, many more we looked into) were not fit for purpose. As a deep-tech company obsessed with performance, we decided to develop a completely new protocol from scratch which we now have patent-pending. We're now the lowest-latency audio-visual data streaming company on the planet with performance 8x superior to any other commercially available solution. This is what powers the technology behind GameHunt.

Zirity

Pre Seed Round in 2019
Zirity is an easy to intergate API virtual try-on tool for online glasses retailers which uses AR, AI, CV and 3D body-reconstruction technologies. Customers can see themselves with the product they are willing to purchase in real time.

Zirity

Pre Seed Round in 2018
Zirity is an easy to intergate API virtual try-on tool for online glasses retailers which uses AR, AI, CV and 3D body-reconstruction technologies. Customers can see themselves with the product they are willing to purchase in real time.

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.

Anatomy Next

Pre Seed Round in 2016
Anatomy Next is augmented reality and web-based software for personalized medical education and healthcare. Anatomy Next has the most accurate 3-D anatomy models validated by professors at the University of Washington School of Medicine.

Exonicus

Seed Round in 2016
Exonicus, founded in 2013, originally operated as a digital publishing business focused on creating a renowned book about the human body, which garnered attention from major motion picture studios, artists, and scientists. In 2015, the company shifted its focus to developing 3D software technology for anatomy education, successfully completing a comprehensive 3D human anatomy database and conducting paid pilot projects with institutions such as the University of Washington and Massachusetts General Hospital. By 2018, Exonicus pivoted again to create virtual reality software aimed at military emergency physician training, collaborating with the Madigan Army Medical Center on paid pilot projects. The company aims to redefine medical technology and training through innovative approaches that enhance how emergency medicine is taught and practiced, ultimately improving patient care while reducing costs and time.

Wolf3D

Pre Seed Round in 2016
Wolf3D, founded in 2014 and headquartered in Tallinn, Estonia, with an additional office in Los Angeles, specializes in creating realistic 3D avatars for virtual and augmented reality applications. Utilizing advanced 3D scanning technology, the company produces detailed avatars that can be used as game characters or custom mannequins in various VR environments. Wolf3D's scanning services are accessible in public venues such as airports, museums, and conference halls, allowing for widespread engagement. The company aims to enhance communication in virtual reality, fostering authentic relationships among users, thereby integrating the human element into digital interactions.
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