Startup Wise Guys is an accelerator and early-stage program based in Tallinn, Estonia, founded in 2012. It runs intensive up to five-month programs that validate and develop products and prepare founders to sell to business customers, culminating in demo days before venture capitalists and angel investors. The company focuses on B2B software as a service, fintech, cybersecurity, sustainability, and related tech sectors across Europe, and has accelerated more than 300 startups with a startup survival rate above 80%. It operates with a network of over 200 mentors who guide startups through product validation, market entry, and fundraising, and maintains a 300+ startup alumni community spanning more than 40 countries, with ongoing alumni events for business development and fundraising.

Superangel is an angel group based in Tallinn, Estonia, founded in 2018 by experienced tech entrepreneurs. The organization focuses on investing in early-stage companies that are developing transformative technologies in the Baltics and Nordics. Superangel primarily targets sectors such as artificial intelligence, robotics, mobility, logistics, fintech, and software-as-a-service. With a strong track record of backing successful startups like Bolt, Pipedrive, Grabcad, and Veriff, Superangel benefits from the insights and support of the founders it has previously invested in. This collaborative approach reinforces its commitment to nurturing the next generation of innovative companies in the region.

Established in 2017, Specialist VC is a venture capital firm headquartered in Tallinn, Estonia. It focuses on investing in early-stage (pre-seed to series A) companies operating within the B2B, SaaS, FinTech, platforms, software-enabled hardware, and deep tech sectors across Estonia, Latvia, Lithuania, Finland, Ukraine, and Belarus.

Founded in Estonia in 2016, Change Ventures is a venture capital firm focusing on pre-seed stage investments. They support ambitious founders from the Baltics and Baltic diaspora building businesses globally, with investments ranging from €100k to €500k. Their streamlined investment process aims to provide fast decisions, while their network of follow-on investors helps portfolio companies raise additional funds.

Founded in Estonia in 2011, Metaplanet is a venture capital firm focusing on early-stage investments across diverse sectors. They prioritize innovative and evidence-based ideas with the potential for significant returns.

Pontos is a family-owned private equity and real estate investment company based in Helsinki, Finland. Established in 2001, it operates in Finland, the Baltic States, and Portugal. The firm focuses on a diverse range of investments, including commercial real estate, property development projects, and real estate development companies. Additionally, Pontos invests in property technology, listed shares, fixed-income investments, and private equity funds, reflecting a broad investment strategy aimed at various sectors within the real estate and financial markets.

BaltCap is an independent private equity firm focused on small and midmarket buyout and expansion capital investments across the Baltic States. Based in Tallinn, Estonia, it maintains offices in all three Baltic countries and employs a team of 16 professionals who support growth across diverse sectors, including business and financial services, healthcare, industrials, technology, media, telecom, consumer, education, renewable energy, mobility, logistics, cybersecurity and mixed reality. Since its founding in 1995, BaltCap has managed private equity and venture capital funds with total committed capital of over EUR 260 million and has completed more than 60 investments. It is a member of regional private equity associations and has been a signatory to the United Nations Principles for Responsible Investment since 2008, reflecting its commitment to responsible investment practices.

Founded in 2016, Karma Ventures is a Tallinn-based venture capital firm specializing in late seed and Series A investments in Europe's most promising deep tech startups. The company focuses on backing companies with strong ideas, unique technology, customer traction, and global ambition.

Tera Ventures is a venture capital firm based in Tallinn, Estonia. It backs ambitious founders from the Baltics, Scandinavia and Central and Eastern Europe working on digital technologies with global scaling ambitions. The firm supports portfolio companies with access to expertise and hands-on guidance to grow from pre-seed and seed stages toward exits, and maintains a non-controlling approach to align founder motivation with ownership. Tera operates with a regional footprint and connects to markets in the UK, the US and Asia, wired through a global advisory network. It maintains a presence in Estonia, Finland and California to help portfolio companies expand internationally. The firm focuses on software, information technology and related digital sectors, leveraging its networks to facilitate market entry and growth.

Icebreaker is an early-stage venture capital fund based in Helsinki, Finland, specializing in investments within the software sector. The fund focuses on financing unique software-driven companies at the idea, angel, and seed stages, typically investing between EUR 40,000 and EUR 350,000. As part of its operations, Icebreaker manages a community that connects hundreds of members, providing access to a network of potential team members, clients, and advisors. The fund's goal is to support the growth of innovative tech companies in Finland.

Established in 2011, SmartCap is an Estonian venture capital firm that invests in early-stage venture capital funds. It manages EUR 40 million in assets, focusing on validating, accelerating, and financing innovative companies through partnerships with top VC fund managers.

Established in 2023, 2C Ventures is a venture capital firm based in Tallinn, Estonia. It focuses on investing in early-stage clean technology companies primarily in the Nordics and Baltics, supporting visionary entrepreneurs driving innovation towards a sustainable future.

Lift99 is a platform dedicated to connecting startup founders across borders, enabling them to share insights and expertise on critical topics such as fundraising, market entry, and hiring. Established in 2016 and based in Tallinn, Estonia, Lift99 facilitates collaboration through an invite-only online platform that allows founders to exchange knowledge and support each other throughout their entrepreneurial journey. In addition to the online community, Lift99 operates physical co-working centers in emerging markets in Central and Eastern Europe and organizes events focused on founder development. The platform aims to enhance the startup ecosystem by fostering skill-sharing among founders, ultimately striving to create more successful companies in the region.

Spring Capital is a venture capital firm founded in 2008 and based in Tallinn, Estonia. The firm specializes in seed investments, primarily targeting technology-driven startups in the Baltics and Scandinavia. Spring Capital typically invests between EUR 0.1 million and EUR 0.3 million in equity per transaction, aiming for minority stakes in the companies it supports. The firm seeks to partner with exceptional founders and is particularly focused on scalable startups that have the potential for significant growth. In addition to seed investments, Spring Capital also engages with growth companies that are close to, or already achieving, positive EBITDA, making larger investments of EUR 300,000 to EUR 700,000 for minority shareholdings. The firm invests personal capital from its management team, emphasizing a hands-on approach to nurturing its portfolio companies.

Swedbank is a Nordic-Baltic bank with deep roots in Swedish savings-bank history. It originated from the merger of savings and union banks in the early 1990s and operates in Sweden and the Baltic states, Estonia, Latvia and Lithuania. The bank holds a leading position in Baltic retail banking and offers a broad range of financial services, including retail banking and asset management.

Thorgate is a product development studio and software product company that focuses on designing and building complex web and mobile applications. Founded in 2011, it operates from offices in Tallinn, London, and Oslo. The company provides end-to-end services including product consulting, product design, and software development, covering iOS and web modules, with tech stacks such as Python, Django, React.js, React Native, and PostgreSQL. Its design process emphasizes mapping needs, demonstrations, and validation, enabling clients to translate ideas into validated products and strategies.

European Investment Bank is the EU's long-term lending institution owned by its member states. It finances public and private sector projects across transportation, energy, telecommunications, health, education, water, housing, and other sectors in the European Union and beyond. The bank provides a range of financing tools including project loans, guarantees, debt and equity investments, and risk-sharing arrangements, as well as microfinance and venture capital funds. It also offers advisory services, infrastructure funding, and support for urban development, PPPs, and sustainable energy projects. Through infrastructure and environmental funds and partnerships with banks and intermediaries, it supports SMEs, innovation, and the transition to a low-carbon economy.

LHV Group is a Tallinn-based Estonian financial services group offering banking, securities brokerage, financial advisory, finance leases and other lending to private individuals, small and medium-sized enterprises, and institutional investors. It operates through segments such as banking, asset management and insurance, providing deposits, loans, investment funds, pensions, insurance products and payment services. Founded in 1999, the group supports the Estonian capital market and economy and maintains international activities, including a UK operation serving fintechs with contemporary banking services like instant payments, virtual IBANs and multi-currency accounts.

Prototron is a start-up fund based in Tallinn, Estonia, established in 2012 by Swedbank, Tallinn Technical University, and Tallinn Science Park Tehnopol. The organization focuses on financing teams with high growth potential in sectors such as Greentech, Electronics, Mechatronics, and Information and Communication Technology (ICT). Prototron conducts 3-4 financing rounds annually and has supported 58 startups over the past five years, providing funding exceeding 470,000 euros along with coaching and incubation services. The portfolio companies have collectively generated over 4.5 million euros in revenue and attracted more than 17 million euros in additional capital, establishing Prototron as the most productive pre-seed fund in Estonia. The fund aims to assist new start-up teams in developing their prototypes and seeks partnerships to foster future success stories in the region.

Founded in 2013, Livonia Partners is a private equity firm headquartered in Riga, Latvia with offices in Tallinn, Estonia and Vilnius, Lithuania. The firm specializes in buyout and growth capital investments, focusing on small to mid-sized companies across various sectors including manufacturing, services, consumer goods, financial services, technology, media, and telecommunications. Livonia Partners primarily invests in the Baltic region, with a focus on Estonia, Latvia, and Lithuania. The firm seeks to invest between €3 million and €15 million per company, targeting enterprises valued at €10 million to €100 million.

Founded in 2021, Siena focuses on providing liquidity to early investors, founders, and employees of high-growth startups in the Nordics and Central & Eastern Europe.

Ambient Sound Investments OÜ, established in 2003 in Tallinn, Estonia, is a family office specializing in direct and fund of fund investments. It focuses on private equity and venture capital, investing in technology and technology-based service companies across the United States, Asia, and Europe. The firm prefers minority stakes, typically investing between €0.5 million to €2 million, and aims to have a Partner or Advisor on the boards of its portfolio companies. Ambient Sound Investments also engages in co-investments and public equity investments, using personal capital and balance sheet investments. Initially founded by Skype engineers to hold a minority stake in Skype, the firm sold its shares to eBay in 2005 and now operates as a private investment vehicle.

GameFounders is an accelerator and pre-seed fund that focuses exclusively on game studios and startups, particularly in mobile, virtual reality (VR), and augmented reality (AR). Established in 2012 and headquartered in Tallinn, Estonia, the firm seeks to support teams with two or more members who have launched games, demos, or prototypes. GameFounders invests up to $30,000 and typically takes a 9% equity stake in participating companies. Its three-month program accepts around ten studios at a time, requiring selected teams to relocate for the duration of the accelerator. In 2015, GameFounders expanded its operations by opening a hub in Malaysia to reach the Asian market.

Trind Ventures is a venture capital firm based in Tallinn, Estonia, founded in 1999. The firm specializes in early-stage investments across Northern and Central Europe, focusing on sectors such as business-to-business, business-to-consumer, marketplaces, and information and communication technology. Trind Ventures provides seed capital starting from €100,000 and follows up with additional investments of up to €3 million per company. The firm's investment strategy includes targeting consumer products and services as well as business solutions, emphasizing sustainable growth and innovation in its portfolio companies.

Sunly is a renewable energy company active in the Baltics and surrounding markets. It develops solar and wind parks, operates them, and invests in start-ups focused on renewable energy and electrification.

Decacorn Capital is a Singapore-based venture capital firm established in 2016. It invests globally, focusing on tech-led disruptive innovations across sectors such as artificial intelligence, aerospace, blockchain, cloud & edge computing, genomics, and robotics. The firm curates high-impact businesses with rapid adoption curves and technology-driven defensible moats, aiming to generate superior returns.

Nordic Investment Bank is an international financial institution headquartered in Helsinki, Finland. It provides sustainable, long-term financing to public and private sector clients on market terms, offering loans and guarantees for energy, environment, transport, infrastructure, telecom, and related projects. Owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, the bank funds its lending through international capital markets. It serves governments, municipalities, large and mid-cap companies, financial institutions, and small and medium enterprises in member and non-member countries, and may support on-lending through financial intermediaries. Its projects emphasize competitiveness and sustainability in the Nordic-Baltic region.

Practica Capital UAB is a venture capital firm that provides early-stage and growth capital to micro, small and medium-sized companies across industries, with a focus on the Baltic region and Northern Europe including Estonia, Latvia, Lithuania, Finland, Sweden, Poland, Germany and Denmark, as well as Baltic-origin ventures in Europe. It participates in seed and startup rounds ranging from about €3,000 to €200,000 and in later rounds from about €50,000 to €3,000,000, preferring minority ownership and board involvement. Investments are made primarily in equity via common or preferred stock, and quasi-equity via convertible debt. The firm aims to act as a strategic adviser and seeks to exit investments within two to five years through trade sales, management buyouts, IPOs or refinancing of quasi-equity instruments. Practica Capital UAB was founded in 2011 and is based in Vilnius, Lithuania.

Veriff is an online identity verification company founded in 2015 and headquartered in Tallinn, Estonia. It provides a secure, automated platform designed to help businesses safeguard against online identity fraud. Utilizing advanced machine learning technologies alongside human oversight, Veriff enhances the verification process by quickly detecting fraudulent activity while also ensuring compliance with know your customer regulations. Its services encompass the verification of various identification documents such as driver’s licenses and passports across both web and mobile applications. By effectively connecting companies with trustworthy customers, Veriff contributes to stronger fraud prevention measures in the commercial sector.

The Estonian Development Fund, established in April 2007 by the Riigikogu, aims to drive transformative changes in Estonia's economy and society. Its primary objectives include modernizing the economic structure, boosting export growth, and fostering the creation of high-skilled jobs. By supporting initiatives that align with these goals, the Fund plays a crucial role in enhancing the overall economic landscape of Estonia.

Founded in 2015, FJ Labs is a New York-based venture capital firm focusing on stage-agnostic investments in marketplaces and consumer-facing startups. Their investment range varies from $50,000 to $5,000,000, typically at seed or series A stages.

WeFund Ventures is a venture capital firm established in 2017 and headquartered in Tallinn, Estonia, with an additional office in Berlin, Germany. The firm specializes in early-stage investments across various sectors, including agritech, fintech, blockchain, security, biotech, enterprise solutions, big data, augmented reality/virtual reality, and aerospace. WeFund Ventures operates an acceleration fund that provides financing to very early-stage projects, utilizing an efficient syndicate funding structure that enhances its ability to mobilize substantial resources quickly and flexibly. The firm aims to support promising projects and drive innovation in its targeted industries.

Founded in 1856, Skandinaviska Enskilda Banken is a leading financial institution offering a wide range of banking services. It provides corporate and investment banking to large clients, retail banking to individuals and small businesses, and life insurance solutions across the Nordic and Baltic regions. The company also offers asset management services through various funds and portfolio mandates.

Highgoal Capital is a technology-focused investment firm founded in 2020, with offices in London, UK, and Tallinn, Estonia. The firm specializes in identifying and supporting successful founders and companies across Europe, the Middle East, and Africa, aiming to assist them in building scalable businesses. Highgoal Capital is registered with the Estonian Financial Supervision Authority as a small alternative fund manager. The firm's primary focus is on investing in the technology sector, leveraging its expertise to foster growth and innovation within this dynamic industry.

Established in 1918, Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery sector, out-of-home sector, and bakeries. Its primary markets are the Nordics and Baltics, with strong positions in selected product categories across Central Europe and India.

Alexela Group is a holding company based in Tallinn, Estonia, with a diverse portfolio spanning oil, energy, metals, and property development. The company specializes in the export of green energy and metal structure production, while also engaging in oil shale chemistry. Its subsidiaries are actively involved in developing liquefied natural gas (LNG) terminals, aimed at promoting the use of liquid gas as a vehicle fuel and enhancing electricity generation capacities. Additionally, Alexela Group focuses on shale oil production, positioning itself as a key player in the evolving energy sector.

Blue Ocean Robotics ApS, headquartered in Odense, Denmark, specializes in designing, developing, and commercializing professional service robots. Its portfolio includes the UVD Robot for hospital disinfection, the Multi Tower Robot for patient handling and rehabilitation, and other robots catering to logistics, cleaning, healthcare, education, and more. The company also provides robotic automation solutions, strategic automation roadmaps, and events for the robotic industry. Blue Ocean Robotics serves various sectors, offering its products through sales partners and joint ventures in multiple countries. It operates through subsidiaries in Denmark, Lithuania, Hong Kong, the United States, Sweden, and Germany. Additionally, the company invests in and incubates robotic projects, leading their development and commercialization before potentially selling, licensing, or spinning them out to new subsidiaries or existing companies.

Inwido AB is a prominent European supplier of windows and doors, headquartered in Malmö, Sweden, and founded in 1811. The company develops, manufactures, and sells a diverse range of products, including wood, aluminum, glass, and PVC windows, as well as doors and associated accessories. Inwido operates primarily through direct sales, retailers, and construction companies, and it also utilizes e-commerce channels to reach consumers. The company has a strong presence in Scandinavia and several other European countries, including Denmark, Finland, Norway, Estonia, Germany, Lithuania, Ireland, Poland, the UK, and Austria. Inwido markets a portfolio of approximately 20 local brands, such as Elitfönster and Tiivi, and offers innovative products like smart windows equipped with antibacterial glass and mobile app-controlled locks. A significant portion of Inwido's revenue is generated from the Swedish market.

HeadHunter is an online recruitment platform that connects job seekers with employers across Russia and several countries in the Commonwealth of Independent States, including Ukraine, Belarus, Kazakhstan, Azerbaijan, Lithuania, Latvia, and Estonia. Launched in 2000 and headquartered in Moscow, the platform offers a range of services to both employers and job seekers. Employers can access a CV database and post job openings for a fee, while job seekers can find suitable job opportunities through the platform's desktop and mobile applications. The company's focus is on facilitating the recruitment process, making it easier for companies to find qualified candidates and for individuals to secure employment.

The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.

Olympic Entertainment Group AS is a prominent provider of gaming services, operating casinos primarily in the Baltic States, including Estonia, Latvia, and Lithuania, as well as in Slovakia, Italy, and Malta. The company manages a substantial network of gaming establishments, with a total of 115 casinos and 27 betting points, which together offer a diverse range of entertainment options. Founded in 1993 and headquartered in Tallinn, Estonia, Olympic Entertainment Group emphasizes customer service and innovative design to enhance the gaming experience. Additionally, the company provides software services, internet solutions, and also operates hotels and bars, contributing to a comprehensive leisure and entertainment portfolio. As of 2018, it functions as a subsidiary of Odyssey Europe AS, which oversees its strategic management and financing.

Integer.pl Group is one of the most successful private postal groups in Europe. In only 3 years, the InPost parcel lockers technology can be found in the following countries: Australia, Chile, Great Britain, Italy, Ireland, Iceland, Lithuania, Latvia, Ukraine, Estonia, Poland, Russia, Saudi Arabia, Cyprus, Slovakia, Czech Republic, Colombia, Costa Rica, El Salvador and Guatemala. By offering a unique customer experience to its users, as illustrated by an NPS (NET PROMOTER SCORE, as for February 19th) of 89%, Integer.pl Group aims to build a strong global footprint in the global logistics sector. The innovative nature of the InPost parcel locker solution was confirmed by a number of awards that the Group has won, including World Mail Awards 2013, Retail Innovation of the year (2013), Delivery Innovation Excellence UK (2014).

Fitek Group is a financial process automation solutions provider based in Tallinn, Estonia, with operations in Latvia, Lithuania, and Slovakia. Established in 1995, the company specializes in optimizing and automating a wide range of financial processes, including purchase invoice management, document workflow, and complex sales invoice solutions. Fitek serves over 1,000 clients across the Baltic states, Nordic countries, and Central Europe, including leading banks, telecoms, public sector institutions, and various other industries. The company employs more than 130 qualified professionals dedicated to delivering efficient financial solutions that can significantly reduce resource allocation by up to five times. Through its innovative services, Fitek aims to enhance operational efficiency for its customers while lowering their costs.

CEED Tech is a consortium of five startup accelerators located in Central and Eastern Europe, specifically in Prague, Budapest, Bratislava, Tallinn, and Vilnius. Founded in 2011, CEED Tech focuses on fostering technology companies by providing tailored acceleration programs that last between three to six months. Over the years, it has successfully launched 94 technology startups, helping them secure over €5 million in seed and venture capital. Each selected startup receives initial seed financing of up to €30,000, with the potential for follow-up funding ranging from €30,000 to €250,000 based on their business viability and market potential. CEED Tech's programs are designed around the specific needs of participants, employing best practices from leading global accelerators. The project is co-funded by the European Commission and supported by private investors, who acquire 5% to 15% equity stakes in exchange for their investments.

Founded in 2022, Fund Fellow Founders is an angel group based in Ülemiste, Estonia. It invests and provides collective advice to founders across the Nordics and Baltic regions.

Beamline is a cleantech accelerator founded in 2021 and based in Tallinn, Estonia, with a focus on fostering innovation in various cleantech sectors, including energy, sustainability, green tech, agriculture, and climate technology. The organization has supported startups through multiple cohorts, providing initial investments totaling 1.8 million euros across 30 teams. Beamline has contributed to the growth of its portfolio companies, which collectively generated 2.2 million euros in revenue in 2023 and successfully raised 43.6 million euros by the third quarter of 2024. By promoting advancements in areas such as smart cities, waste collection, carbon capture, and ESG report validation, Beamline plays a pivotal role in driving sustainable solutions on an international scale.

Equity United is a private equity firm established in 2017 and located in Tallinn, Estonia. The firm focuses on investing in small and medium-sized enterprises, as well as growth companies within the Baltic region. Equity United aims to enhance the value of its portfolio companies by providing clear strategic, operational, and financial guidance to their management teams.

DOMiNO Ventures is a venture capital firm established in 2021 and headquartered in Amsterdam, Netherlands. The firm specializes in investing in high-tech and digital startups from Eastern Europe, Central Asia, and Turkey, with a mission to foster innovative solutions for modern challenges. DOMiNO Ventures focuses on a variety of sectors, including artificial intelligence, deep tech, cleantech, health tech, fintech, hr tech, edtech, game tech, cybersecurity, and life science. Operating globally, the firm has offices in several countries including Turkey, Estonia, Poland, Georgia, Azerbaijan, Kazakhstan, and Uzbekistan, and is dedicated to supporting founders who aim to create a positive impact through their ventures.

Magnetic MRO AS is a comprehensive provider of aircraft maintenance, repair, and overhaul (MRO) services, catering to airlines, asset owners, original equipment manufacturers (OEMs), and operators. Established in 1995 and headquartered in Tallinn, Estonia, the company has developed a strong reputation for its innovative and digitalized MRO solutions. Its service offerings include total technical support, heavy and line maintenance, engine solutions, integrated engineering services, component repair, and full aircraft painting. Additionally, Magnetic MRO provides asset management services, technical training, and operates an e-platform for leasing and purchasing aircraft engine stands. With a global presence and more than 15 locations, including offices in Miami, London, Amsterdam, Dubai, Guangzhou, and Kuala Lumpur, the company has established itself as a one-stop solution for the aviation industry's maintenance needs. Magnetic MRO was formerly known as Air Maintenance Estonia AS before rebranding in 2014.

MM Grupp is a privately owned holding and investment company based in Tallinn, Estonia, established in 1999. The group has diversified its investments across various sectors, including pharmaceuticals distribution through its subsidiary Magnum, and real estate development via Ecobay. MM Grupp is also committed to fostering new venture capital investments aimed at introducing innovative products and services to the market, with initiatives like Bacterfield and Villa Benita. The company employs over 1,000 individuals and primarily operates within Europe, focusing on a range of industries such as healthcare, media, entertainment, retail, and cleantech.