Tera Ventures

Tera Ventures is a venture capital firm based in Tallinn, Estonia, established in 2016. The firm focuses on investing in exceptional digital startups from the Baltics, Scandinavia, and Central and Eastern Europe, aiming to support founders with ambitious visions. Tera Ventures targets companies at the pre-seed and seed stages, offering expertise and hands-on support to help them scale and achieve global leadership. With a presence in Estonia, Finland, and California, the firm builds networks in key markets such as the UK, the US, and Asia to facilitate the expansion of its portfolio companies. Tera Ventures emphasizes a non-controlling investment approach, believing that management should remain motivated by their shareholding in the company.

Erik Anderson

Venture Partner

David Clark

Incoming Principal (Fund III)

Stanislav Ivanov

Founding Partner

Katsuhiko Kumagai

Venture Partner

Karin Künnapas

Venture Partner

James McDougall

Founding Partner

Oks, Andrus

Founding Partner

Past deals in Baltics

Rendin

Venture Round in 2024
Rendin OÜ is a rental platform based in Tallinn, Estonia, that facilitates long-term home renting for landlords, tenants, and agents through its mobile application. Established in 2019, Rendin provides a range of services including tenant background checks, legal cover and advice, and guaranteed rent payments. The platform eliminates the need for traditional security deposits by offering preventive insurance-backed technology and risk management solutions, ensuring landlords receive significantly enhanced protection compared to standard market practices. Additionally, Rendin features automated rental agreements and payment damage protection, streamlining the rental process and fostering a fair and flexible environment for all parties involved.

Rendin

Seed Round in 2020
Rendin OÜ is a rental platform based in Tallinn, Estonia, that facilitates long-term home renting for landlords, tenants, and agents through its mobile application. Established in 2019, Rendin provides a range of services including tenant background checks, legal cover and advice, and guaranteed rent payments. The platform eliminates the need for traditional security deposits by offering preventive insurance-backed technology and risk management solutions, ensuring landlords receive significantly enhanced protection compared to standard market practices. Additionally, Rendin features automated rental agreements and payment damage protection, streamlining the rental process and fostering a fair and flexible environment for all parties involved.

Rendin

Pre Seed Round in 2020
Rendin OÜ is a rental platform based in Tallinn, Estonia, that facilitates long-term home renting for landlords, tenants, and agents through its mobile application. Established in 2019, Rendin provides a range of services including tenant background checks, legal cover and advice, and guaranteed rent payments. The platform eliminates the need for traditional security deposits by offering preventive insurance-backed technology and risk management solutions, ensuring landlords receive significantly enhanced protection compared to standard market practices. Additionally, Rendin features automated rental agreements and payment damage protection, streamlining the rental process and fostering a fair and flexible environment for all parties involved.

Snackable AI

Seed Round in 2019
Snackable AI is a company based in Estonia that specializes in developing audio content formats, including podcasts, using artificial intelligence. The company offers a content discovery engine designed for an audio-first environment, allowing users to effortlessly share significant moments from audio and video content through AI-generated chapters and highlights. Snackable AI provides its services through a web-based portal and an application programming interface (API), targeting content owners and distributors who seek to enhance their audio libraries.

Jobbatical

Series A in 2017
Jobbatical OÜ is an online platform that specializes in connecting professionals with short-term employment opportunities globally. Founded in 2014 and based in Tallinn, Estonia, Jobbatical facilitates a seamless immigration and relocation process for both employees and employers. The platform primarily serves professionals such as developers, graphic designers, and marketers seeking to combine work and travel experiences. By leveraging artificial intelligence, Jobbatical automates the employee visa process, simplifying the complexities of immigration and compliance. This approach allows companies to efficiently relocate international talent, addressing labor shortages while making the process cost-effective and straightforward.

Jobbatical

Seed Round in 2016
Jobbatical OÜ is an online platform that specializes in connecting professionals with short-term employment opportunities globally. Founded in 2014 and based in Tallinn, Estonia, Jobbatical facilitates a seamless immigration and relocation process for both employees and employers. The platform primarily serves professionals such as developers, graphic designers, and marketers seeking to combine work and travel experiences. By leveraging artificial intelligence, Jobbatical automates the employee visa process, simplifying the complexities of immigration and compliance. This approach allows companies to efficiently relocate international talent, addressing labor shortages while making the process cost-effective and straightforward.

Lingvist

Series A in 2015
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.

Jobbatical

Seed Round in 2015
Jobbatical OÜ is an online platform that specializes in connecting professionals with short-term employment opportunities globally. Founded in 2014 and based in Tallinn, Estonia, Jobbatical facilitates a seamless immigration and relocation process for both employees and employers. The platform primarily serves professionals such as developers, graphic designers, and marketers seeking to combine work and travel experiences. By leveraging artificial intelligence, Jobbatical automates the employee visa process, simplifying the complexities of immigration and compliance. This approach allows companies to efficiently relocate international talent, addressing labor shortages while making the process cost-effective and straightforward.

VitalFields

Series A in 2015
VitalFields is a digital agriculture company based in Tallinn, Estonia, founded in 2011. The company provides a user-friendly farm management system that enables farmers to plan, manage, and analyze their field activities effectively. Its platform facilitates the tracking and reporting of crop inputs, assisting farmers in meeting European Union environmental compliance standards. VitalFields operates in several European countries, enhancing the efficiency and sustainability of agricultural practices through its innovative software solution.

Jobbatical

Pre Seed Round in 2014
Jobbatical OÜ is an online platform that specializes in connecting professionals with short-term employment opportunities globally. Founded in 2014 and based in Tallinn, Estonia, Jobbatical facilitates a seamless immigration and relocation process for both employees and employers. The platform primarily serves professionals such as developers, graphic designers, and marketers seeking to combine work and travel experiences. By leveraging artificial intelligence, Jobbatical automates the employee visa process, simplifying the complexities of immigration and compliance. This approach allows companies to efficiently relocate international talent, addressing labor shortages while making the process cost-effective and straightforward.

Lingvist

Seed Round in 2014
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.

VitalFields

Seed Round in 2014
VitalFields is a digital agriculture company based in Tallinn, Estonia, founded in 2011. The company provides a user-friendly farm management system that enables farmers to plan, manage, and analyze their field activities effectively. Its platform facilitates the tracking and reporting of crop inputs, assisting farmers in meeting European Union environmental compliance standards. VitalFields operates in several European countries, enhancing the efficiency and sustainability of agricultural practices through its innovative software solution.

Cellin Technologies

Seed Round in 2010
Cellin Technologies LLC, founded in 2008 and located in Tallinn Science Park Tehnopol, specializes in contract manufacturing and clinical research services for cell therapy products. The company focuses on developing proprietary technologies for the production of cells for both experimental and clinical applications on a commercial scale. Cellin Technologies serves pharmaceutical and biotech companies, as well as hospitals and clinics, primarily in Estonia and external markets. Its expertise lies in the research and development of therapeutic products that facilitate the cultivation of tissue preparations from human tissue or bone marrow, thereby enabling hospitals to create effective treatments for patients.

GrabCAD

Seed Round in 2010
GrabCAD is a mechanical engineering community for sharing talent, expand knowledge and collaborate, including free CAD model library and [engineering competitions platform The founders Hardi Meybaum and Indrek Narusk previously ran a product development company. GrabCAD was founded in 2009. The company's headquarters is based in Boston, USA with development team in Estonia.

Cleveron

Seed Round in 2008
Cleveron Ltd. is a technology and logistics company based in Viljandi, Estonia, specializing in self-service parcel terminals that facilitate the sending and receiving of postal parcels across Europe. The company designs and manufactures automated parcel delivery systems, which include various types of parcel terminals and software solutions for operational control and monitoring of parcel distribution services. Cleveron aims to enhance the efficiency and convenience of parcel logistics for businesses, particularly in web retailing and mail ordering, by providing innovative technology-based solutions. In addition to its products, the company offers consultation services to assist clients with the implementation and management of their parcel terminal networks, addressing aspects such as financial planning and logistics processes. Founded in 2006 and rebranded from SmartPOST Ltd. in 2010 after its acquisition by Itella Corporation, Cleveron operates as a subsidiary of Posti Group Oyj.
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