Startup Wise Guys

Startup Wise Guys is a prominent early-stage investor based in Tallinn, Estonia, recognized as one of the leading venture capital funds in the Central and Eastern European (CEE) region and the Nordics. Since its inception in 2012, it has operated a renowned startup accelerator that has supported over 165 startups, primarily in sectors such as B2B SaaS, Fintech, and Cybersecurity. The intensive three-month program aims to validate, develop, and market products to business clients, benefiting from the guidance of more than 200 mentors. The accelerator culminates in Demo Days and attendance at major tech events, providing startups the opportunity to pitch to investors. With a startup survival and success rate exceeding 77%, the program has facilitated two major exits and fosters a robust alumni network of over 145 startups across more than 40 countries. Additionally, Startup Wise Guys manages specific funds targeting investments in various sectors, including technology and clean tech, with a focus on early-stage ventures.

Alexandra Balkova

Partner

Past deals in Augmented Reality

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.

Cognitiwe

Seed Round in 2020
AI Computer Vision Company

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.

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.IO automatically convert 3D CAD models into VR and AR experiences. We live in a 3D world, we can feel the scale, space, distances and height. Architects and interior designers show their projects with blueprints and 2D renders. Thus, out of 50 architects, from 9 countries, 90% have experienced communication problems with their clients. We solve this problem by taking their 3D models and converting them into VR walkthroughs where they can feel the scale, the distances and height, like in real life.

Airis Vision

Pre Seed Round in 2017
Airis Vision Systems SRL designs and develops an artificial intelligence (AI) platform that recognizes and identifies objects and concepts in photos, videos, and live streams. The company provides visual recognition analytics tools solution software. It offers solutions, such as NSFW moderation, cameras or drones, video platform and ads servers, and OOH advertising. The company was incorporated in 2016 and is based in Iasi, Romania.

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.

Wolf3D

Pre Seed Round in 2016
Wolf3D specializes in creating realistic 3D avatars for virtual and augmented reality applications, utilizing advanced 3D scanning technology that can be accessed via smartphones. Founded in 2014 and based in Tallinn, Estonia, with an additional office in Los Angeles, the company aims to enhance interpersonal connections in virtual environments. Wolf3D has deployed its scanning technology in various public venues, including airports and museums, allowing individuals to create custom avatars for use in gaming and other immersive experiences. In addition to gaming, the company's solutions cater to multiple industries, contributing to advancements in 3D printing and custom mannequin creation.