Investors in Estonia

Showing 1-50 out of 605 matches

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.
Made 121 investments in Estonia

SuperAngel

Superangel OÜ is a venture capital firm established in 2018, headquartered in Tallinn, Estonia, with an additional office in Palo Alto, California. The firm specializes in early-stage investments, focusing on pre-seed and seed funding for startups. It adopts a sector-agnostic approach, primarily investing in information technology sectors such as fintech, mobile applications, software-as-a-service, the sharing economy, blockchain, and augmented/virtual reality. Superangel typically invests between €0.05 million and €2 million, including follow-on investments. The firm targets companies based in Europe that are looking to enter global markets, as well as U.S.-based firms aiming to penetrate European and emerging markets. In addition to financial backing, Superangel provides portfolio companies with expertise in areas like customer and business development, team-building, sales and marketing, and product development, along with mentorship sessions and thematic workshops tailored to help startups achieve their next milestones.
Made 30 investments in Estonia

Trind Ventures

Trind Ventures is an early-stage venture capital firm located in Tallinn, Estonia, founded in 1999. The firm specializes in investing in start-ups across Northern and Central Europe, focusing on various sectors, including information and communication technology, business-to-business, business-to-consumer, and marketplaces. Trind Ventures aims to support companies from seed rounds through to sustainability, leveraging its expertise to foster growth in innovative enterprises. The team comprises experienced partners, including Joel Aasmäe, Ivar Siimar, Kimmo Irpola, and Taavi Lepmets.
Made 8 investments in Estonia

Astrec Invest

Astrec Invest is a venture capital firm founded in 2005, with offices in Stockholm, Sweden, and Estonia. The firm focuses on early-stage investments in technology and life sciences startups, providing financial support as well as valuable resources such as time, expertise, and a robust network. Astrec Invest prioritizes collaboration with entrepreneurs to enhance the potential for success in their portfolio companies. The firm adopts a hands-on approach, working closely with management teams to leverage their experience and advisory connections, which they believe significantly contribute to the growth and development of the businesses they invest in.
Made 7 investments in Estonia

Tera Ventures

Tera Ventures OÜ is a venture capital firm headquartered in Tallinn, Estonia, established in 2016. The firm specializes in seed and startup stage investments, primarily focusing on digital startups across Central and Eastern Europe, including countries such as Estonia, Denmark, Sweden, Finland, Latvia, Lithuania, Poland, and the Czech Republic. Tera Ventures typically invests between €0.2 million and €1.5 million per company, with the potential for significant follow-on funding for select investments. The firm emphasizes supporting exceptional founders and building networks that facilitate expansion into key markets like the UK, US, and Asia. Tera Ventures maintains a non-controlling stake in its portfolio companies, allowing founders to retain motivation and influence over their businesses. With additional offices in Burbank, California, and Helsinki, Finland, Tera Ventures is backed by a global advisory network that provides expertise and hands-on support to help companies grow from seed stage to successful exits.
Made 24 investments in Estonia

Change Ventures

Change Ventures is a venture capital firm established in 2016 and headquartered in Tallinn, Estonia. It is the first pre-seed and seed fund actively investing in all three Baltic states—Estonia, Latvia, and Lithuania—and also supports Baltic diaspora entrepreneurs globally. The firm focuses on technology startups, particularly in the B2B and SaaS sectors, making initial investments between €100,000 and €750,000, with opportunities for follow-on funding in later rounds. Change Ventures adopts a founder-friendly investment approach, aiming to expedite decision-making processes and assist entrepreneurs in achieving product-market fit, raising additional capital, and scaling their businesses, all while leveraging a strong network of investors and partners.
Made 19 investments in Estonia

Icebreaker

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.
Made 14 investments in Estonia

Pontos Group

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.
Made 1 investments in Estonia

Thorgate

Thorgate is a product development studio specializing in the design and development of complex web and mobile applications. Founded in 2011 and based in Tallinn, London, and Oslo, the company offers a comprehensive suite of services including product consulting, product design, and software development using technologies such as Python, Django, React.js, and PostgreSQL. Thorgate focuses on creating scalable B2B solutions and aims to leverage technology to improve the world. Additionally, it operates Thorgate Ventures, its seed stage venture capital arm, which makes up to four hands-on investments annually in teams that exhibit a strong balance of culture, passion, and execution capabilities. Thorgate seeks to partner with talented teams to build impactful businesses.
Made 17 investments in Estonia

BaltCap

BaltCap is an independent private equity firm established in 1995, based in Tallinn, Estonia, specializing in small and midmarket buyout and expansion capital investments across the Baltic States. With a team of 16 experienced professionals and local offices in all three Baltic countries, BaltCap has managed several private equity and venture capital funds, amassing over EUR 260 million in total capital and executing more than 60 investments. The firm targets established companies with growth potential, focusing on sectors such as business and financial services, healthcare, technology, media, telecommunications, consumer goods, renewable energy, and logistics. Additionally, BaltCap manages specific funds, including an infrastructure fund aimed at energy and clean technology projects. The firm is a member of various private equity associations and has been a signatory of the United Nations Principles for Responsible Investment since 2008.
Made 25 investments in Estonia

Spring Capital

Spring Capital is a venture capital firm established in 2008 and located in Tallinn, Estonia. Specializing in seed-stage investments, the firm focuses primarily on technology companies within the Baltics and Scandinavia. It typically invests between EUR 50,000 and EUR 200,000 in equity per transaction, aiming for a minority stake in the companies. In addition to technology startups, Spring Capital also seeks opportunities in traditional sectors, targeting small to medium-sized enterprises with a proven track record and clear growth plans. For these investments, the firm may provide funding ranging from EUR 300,000 to EUR 700,000. The firm utilizes personal capital from its management team to support its investment activities.
Made 11 investments in Estonia

Livonia Partners

Livonia Partners is a private equity firm founded in 2013 and based in Rīga, Latvia, with additional offices in Tallinn, Estonia, and Vilnius, Lithuania. The firm focuses on buyout and growth capital investments in small to mid-sized companies, primarily in the Baltic region. It targets sectors such as manufacturing, technology, consumer products, healthcare, and financial services. Livonia Partners typically invests between €3 million and €15 million in companies with an enterprise value ranging from €10 million to €100 million, preferring majority ownership but also considering minority stakes. The firm has a strong emphasis on businesses that employ fewer than 500 people and is capable of co-investing in larger transactions of up to €70 million. With assets under management exceeding €100 million, Livonia Partners is supported by a highly experienced team with a broad range of operational expertise across various industries in the Baltic region and beyond.
Made 4 investments in Estonia

NordicNinja VC

NordicNinja VC is a venture capital firm established in 2019 and headquartered in London, United Kingdom. The firm focuses on supporting the growth of early-stage companies in the Nordic and Baltic regions, with a particular emphasis on sectors such as robotics, automation, health technology, artificial intelligence, and mobility. With over 100 million euros in capital, NordicNinja VC aims to facilitate the scale-up of innovative businesses in the New Nordics, fostering development and advancement in these key industries.
Made 4 investments in Estonia

Karma Ventures

Karma Ventures is an early-stage venture capital firm based in Tallinn, Estonia, founded in 2016. It specializes in late seed and Series A investments, primarily targeting the technology sector across Europe. The firm seeks to support promising tech startups that demonstrate strong ideas, unique technology, customer traction, and global ambition. Karma Ventures is dedicated to guiding entrepreneurs through their growth journeys, providing assistance in commercial, strategic, and technical aspects to help them navigate challenges and capitalize on opportunities.
Made 10 investments in Estonia

Gorilla Capital Management Oy

Gorilla Capital Management Oy is an investment firm focused on early-stage technology companies in the Nordic region, specifically targeting businesses in Finland, Sweden, Denmark, and Estonia. The firm seeks to identify and support innovative startups with the potential for significant growth in the technology sector. By providing capital and strategic guidance, Gorilla Capital aims to foster the development of promising enterprises that can contribute to the dynamic landscape of the Nordic technology market.
Made 7 investments in Estonia

Speedinvest

SpeedInvest GmbH is a venture capital firm based in Vienna, Austria, founded in 2011. It specializes in early-stage investments, focusing on technology-related startups across Europe, particularly in sectors such as deep tech, fintech, insurtech, consumer tech, and marketplaces. The firm typically invests between €0.25 million and €3 million in pre-seed, seed, and Series A stages, while preferring to acquire minority stakes of up to 20% in its portfolio companies. SpeedInvest aims to be actively involved in the companies it invests in, often taking on operational roles for six months to one year. With additional offices in cities like San Francisco, Berlin, Paris, and London, SpeedInvest leverages a global network to support entrepreneurs in building successful businesses, thus contributing to the development of Europe’s startup ecosystem.
Made 4 investments in Estonia

Flyer One Venture

Flyer One Ventures is a venture capital firm established in 2018 and based in Warsaw, Poland. The firm focuses on investing in early-stage startups across various sectors, including B2B and B2C markets. With a particular interest in companies that demonstrate high growth potential, Flyer One Ventures aims to support innovative startups by providing not only financial backing but also strategic guidance. The firm leverages its expertise in digital marketing and product development to assist portfolio companies in optimizing their operations and expanding into international markets. By focusing on startups in regions with limited access to early-stage financing, Flyer One Ventures seeks to empower entrepreneurs and help them scale their businesses to achieve global recognition.
Made 2 investments in Estonia

Passion Capital

Passion Capital Investments LLP is a London-based venture capital and incubator firm established in 2011, specializing in early-stage investments in technology companies, particularly within the digital media, mobile, and internet sectors. The firm primarily targets investments in the United Kingdom and Europe, focusing on seed and growth capital for startups. Passion Capital aims to invest between $0.025 million and $0.38 million, often taking either minority or majority stakes in the companies they support. Founded by a team of experienced entrepreneurs, the firm emphasizes the importance of passionate and capable founders as a key factor in a company's success. Passion Capital is also dedicated to fostering a collaborative ecosystem for technology and innovation, exemplified by initiatives such as White Bear Yard, which serves as a hub for entrepreneurial activities.
Made 6 investments in Estonia

Superhero Capital

Superhero Capital is a venture capital firm based in Helsinki, Finland, established in 2015. It specializes in seed-stage investments, targeting startups and early-stage companies primarily in the business-to-business software sector. The firm focuses on technology-enabled companies in areas such as healthcare, financial services, and various business services. Superhero Capital aims to make investments ranging from €100,000 to €500,000, concentrating on opportunities within Finland and the Baltic region. The firm is committed to supporting insight-driven startups that demonstrate potential for growth and innovation.
Made 2 investments in Estonia

GameFounders

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.
Made 15 investments in Estonia

Plural Platform

Plural Platform is an early-stage venture capital firm founded in 2021, with offices in London and Tallinn. The firm focuses on pan-European investments, targeting ambitious founders who are dedicated to leveraging technology to drive meaningful change. Operated by a team of former industry professionals, Plural Platform seeks to support startups that aspire to innovate and transform their respective sectors.
Made 1 investments in Estonia

UNIQA Ventures

UNIQA Ventures GmbH, established in 2016, is the venture capital arm of UNIQA Insurance Group, a prominent insurance provider in Central and Eastern Europe. Located in Vienna, Austria, the firm focuses on investing in innovative business models led by strong teams with a clear vision. UNIQA Ventures primarily targets sectors such as financial technology, insurance technology, digital health, mobility, and intelligent home solutions. Additionally, the firm is interested in enabling technologies, including the Internet of Things, blockchain, and machine learning/artificial intelligence, aiming to shape the future of these key industries.
Made 4 investments in Estonia

Decacorn Capital

Decacorn Capital is a Singapore-based venture capital firm established in 2016 that focuses on investing in early to growth-stage companies. The firm targets high-impact, technology-driven businesses that are positioned to disrupt substantial market opportunities. Its investment strategy emphasizes sectors such as artificial intelligence, big data analytics, deep learning, cloud and edge computing, blockchain, digital assets, energy, and genomics. Decacorn Capital curates companies that have demonstrated significant growth potential and are led by resourceful founders. By employing a bar-belled investment approach, the firm balances risk and reward while generating frequent exit opportunities. Over its short history, Decacorn has made approximately two dozen investments and achieved five successful exits, with several of its early-stage investments already reaching unicorn status or poised to do so in upcoming financing rounds.
Made 4 investments in Estonia

Creandum

Creandum is a prominent European venture capital firm founded in 2003 and headquartered in Stockholm, with additional offices in California and Berlin. The firm specializes in early-stage and growth-stage investments, focusing on innovative technology companies within the consumer internet, software, hardware, and emerging sectors such as climate tech, artificial intelligence, and cybersecurity. Over the past decade, Creandum has invested in more than 80 companies, including notable names like Spotify, iZettle, Small Giant Games, Kry, and Depop. The firm aims to support fast-growing companies across Western Europe and North America, leveraging its expertise to foster innovation in the technology and consumer goods industries.
Made 3 investments in Estonia

Black Pearls VC

Black Pearls VC is an early-stage venture capital firm based in Gdansk, Poland, founded in 2008. The firm specializes in investing in deep tech and enterprise software, focusing on companies in Northern and Central Europe. With a commitment to supporting ambitious entrepreneurs, Black Pearls VC aims to help these companies scale and achieve global reach. The firm has invested in over 30 companies across Poland and the Baltic Sea region. In addition to being a member of Invest Europe, Black Pearls VC participates in the Kauffman Fellows Program, which further enhances its network and expertise in the venture capital landscape. The firm manages multiple funds, including the Black Pearls Seed Fund, which targets investments in the information technology and TMT sectors across various countries in the region.
Made 5 investments in Estonia

Horizon Capital

Horizon Capital is a private equity firm established in 2006 and headquartered in Kyiv, Ukraine, with an additional office in Chicago, Illinois. It specializes in buyouts, growth capital, and expansion investments, primarily focusing on later-stage opportunities in small and mid-cap companies. The firm invests in various sectors, including light manufacturing, information technology, financial services, fast-moving consumer goods, and e-commerce, with a particular emphasis on industry leaders and companies with consolidation potential. Horizon Capital manages four funds with assets exceeding $850 million and is backed by over 40 institutional investors. The firm actively seeks to partner with visionary entrepreneurs and aims to generate value through governance and operational improvements. Investments typically range from $5 million to $20 million, with a preference for acquiring control stakes, though minority interests are also considered. Horizon Capital generally seeks to exit its investments within three to five years via trade sales or initial public offerings. With a team that boasts over 75 years of regional investment experience, the firm is committed to integrity, transparency, and successful value creation.

TMT Investments

TMT Investments PLC, founded in 2010 and based in Saint Helier, United Kingdom, is a venture capital firm focused on investing in early-stage technology companies. The firm specializes in several key sectors, including technology, media and telecommunications, big data, cloud solutions, e-commerce, advertising technology, software as a service, and marketplaces. With a notable portfolio that includes a significant number of investments in Silicon Valley, TMT has invested in over 45 companies to date and reports net assets of approximately US$82 million. The company's primary objective is to deliver an attractive return for its shareholders, mainly through capital appreciation. TMT Investments is publicly traded on the AIM market of the London Stock Exchange.
Made 5 investments in Estonia

Ambient Sound Investments

Ambient Sound Investments OÜ is a private investment firm based in Tallinn, Estonia, established in 2003 by four founding engineers of Skype. Initially created to hold a minority stake in Skype, the firm has since evolved into a family office specializing in direct and fund of fund investments. It focuses on private equity and venture capital across various stages, including incubation, seed/startup, and growth capital, while also investing in private equity and real estate funds. Ambient Sound Investments targets technology-driven companies in sectors such as information technology, software, and social media, primarily in the United States, Europe, and Asia, with a particular interest in Eastern European markets like Russia and the Nordic countries. The firm typically invests between €0.5 million and €2 million, preferring to maintain a minority stake of around 25 percent in its portfolio companies, although it may pursue a majority stake in incubators. Additionally, Ambient Sound Investments engages in co-investments and has begun investing in public equity.
Made 9 investments in Estonia

Krokodilli Kapital

Krokodilli Kapital is a venture capital firm established in 2021 and located in Tallinn, Estonia. The firm focuses on early-stage startups that address challenges within complex value chains and prioritize sustainable solutions. Krokodilli Kapital has a particular interest in areas such as fintech, proptech, clean energy, and digital healthcare, identifying opportunities in embedded finance and marketplace models. The firm is dedicated to enhancing the quality of life while minimizing environmental impact, and it aims to empower passionate entrepreneurs in their journey to develop innovative products. In addition to providing financial support, Krokodilli Kapital actively assists its portfolio companies by offering strategic advice and guidance in product development, technology, and operations to foster both personal and professional growth among founders.

Lift99

Lift99 OÜ, established in 2016 and headquartered in Tallinn, Estonia, operates a co-working space designed to foster connections among startup founders. This facility offers various amenities, including 24/7 access, cleaning services, coffee, ergonomic furniture, and advanced tech for presentations. In addition to the co-working space, Lift99 has developed a skill-sharing platform that facilitates networking among founders, providing resources such as community events, access to investors and advisors, and valuable feedback on business challenges like fundraising and market entry. The platform and physical spaces are aimed at supporting founders throughout their entrepreneurial journey, with a focus on enhancing opportunities in emerging markets, particularly in Central and Eastern Europe.
Made 5 investments in Estonia

Siena Secondary Fund

Siena Secondary Fund is a venture capital firm based in Tallinn, Estonia, that was established in 2021. The firm specializes in providing liquidity to early investors, founders, and employees of high-growth startups. Siena Secondary Fund primarily invests in companies that are in the growth phase, focusing on post-series A funding rounds. By facilitating liquidity, the firm aims to support the financial needs of stakeholders involved in successful startups.

3TS Capital Partners

3TS Capital Partners is a private equity and venture capital firm headquartered in Helsinki, Finland, founded in 1999. The firm specializes in providing growth capital and buyout funding to small and medium-sized businesses, with a strong emphasis on technology and related sectors, including media, communications, and technology-enabled services. It primarily focuses on investment opportunities in Central and Eastern Europe, particularly in European Union accession countries, but may also consider exceptional cases in Ukraine and Turkey. The firm typically invests between €1 million and €30 million in companies with enterprise values ranging from €1.5 million to €300 million, often seeking significant minority or majority stakes. 3TS aims to enhance the value of its portfolio companies through active partnership and strategic support, while planning to exit investments within three to five years through sales or initial public offerings. The firm has garnered over €300 million from various investors, including prominent financial institutions and corporations.
Made 5 investments in Estonia

Play Ventures

Play Ventures is an early-stage gaming venture capital firm founded in 2018, with offices in Singapore. The firm specializes in investing globally in pre-seed, seed, and Series A stage startups within the gaming industry. Play Ventures focuses on opportunities in free-to-play and web3 gaming, along with gaming services startups, positioning itself to support innovative projects that shape the future of gaming.
Made 2 investments in Estonia

byFounders

byFounders is a venture capital firm established in 2017, with its headquarters in Copenhagen, Denmark, and an additional office in San Francisco, California. The firm focuses on early-stage investments in startups, particularly at the pre-seed, seed, and occasionally Series A stages, with a strong emphasis on technology companies, especially those leveraging Artificial Intelligence. byFounders primarily targets the Nordics and Baltics, but also considers opportunities in Silicon Valley. The firm invests across a diverse range of sectors, including business-to-business SaaS, consumer technology, cybersecurity, deep tech, fintech, gaming, and more. The byFounders Collective, which comprises experienced entrepreneurs, supports the next generation of ambitious founders, emphasizing a commitment to fostering innovation and growth within the tech ecosystem.
Made 1 investments in Estonia

Inventure

Inventure is a prominent early-stage venture capital firm based in Helsinki, Finland, with a focus on the Nordic and Baltic regions. Founded in 2005, Inventure specializes in investing in innovative and rapidly growing companies led by exceptional entrepreneurs across various sectors, including technology, software, and digital services. The firm typically makes initial investments ranging from 100,000 euros to 10 million euros throughout the lifecycle of a company. With a team comprising experienced entrepreneurs and industry experts, Inventure is dedicated to supporting startups in their journey to achieve global success. The firm operates not only in Helsinki but also in Stockholm and Shanghai, emphasizing its commitment to fostering growth in the startup ecosystem.
Made 4 investments in Estonia

Practica Capital

Practica Capital UAB is a venture capital firm based in Vilnius, Lithuania, founded in 2011. It specializes in investments across various stages, including incubation, seed, early venture, and growth capital, primarily targeting technology-driven micro, small, and medium-sized enterprises. The firm invests in companies located in the Baltic region—Lithuania, Latvia, and Estonia—as well as in Nordic countries and select European markets. Practica Capital typically invests between €0.003 million and €3 million, focusing on equity and quasi-equity instruments while aiming for a minority stake in its portfolio companies. The firm actively engages with its investments by offering guidance and often taking board seats. Practica Capital seeks to exit its investments within two to five years through various means, including trade sales, IPOs, or refinancing. Currently managing €50 million across multiple funds, it has made over 50 investments and continues to be a prominent player in the Baltic venture capital landscape.
Made 3 investments in Estonia

ZGI Capital

ZGI Capital is a private equity and venture capital firm based in Riga, Latvia, founded in 2005. The firm specializes in investments in seed and startup stages, as well as in early to late venture and growth capital opportunities, primarily focusing on the Fintech sector. ZGI Capital aims to support entrepreneurs who lack start-up capital, managing a total of €7.4 million in assets, which, when combined with bank financing, can support investment projects totaling up to €30 million. The firm typically invests between €0.5 million and €1 million, with potential investments reaching up to €5.7 million depending on the project. ZGI Capital generally prefers equity investments and acts as a minority shareholder, holding a maximum of 49% of equity. Investment terms range from three to six years, with exits achieved through the sale of stakes to other investors. The firm focuses its investments in the Baltics and CIS countries, while deliberately avoiding sectors such as synthetic fiber manufacturing, agriculture, and logistics.
Made 2 investments in Estonia

SquareOne II

SquareOne II is a venture capital fund managed by Paua Ventures, established in Berlin, Germany, in 2015. The fund focuses on early-stage investments in European technology companies, particularly in sectors such as software-as-a-service, B2B marketplaces, B2C mobile solutions, mobile enterprise applications, and e-commerce. SquareOne II aims to invest in approximately 20 startups over three years, with individual investment amounts ranging from $0.25 million to $2.5 million. Paua Ventures, the firm behind SquareOne II, has built a reputation as a leading tech investor in Berlin, emphasizing its role as both a lead and co-investor to support entrepreneurs. By leveraging a robust network of executives and tech entrepreneurs, the fund strives to foster the development of successful B2B software and deep tech businesses across Europe.
Made 2 investments in Estonia

.Cocoon Ventures

.Cocoon Ventures is an accelerator and incubator firm located in Tartu, Estonia. Established in 2020, it operates the .Cocoon Program, which offers personal mentoring, assessments, events, and investments aimed at assisting startup and scale-up leaders. The firm focuses on fostering growth by enhancing business and personal connections, altering perceptions, and transforming challenges into opportunities for development.

FJ Labs

FJ Labs is a venture capital firm based in New York, founded in 2015 by Fabrice Grinda. The firm is stage-agnostic, focusing on marketplaces and consumer-facing startups, with a particular emphasis on sectors such as B2B, B2C, financial services, mobile technology, advertisement technology, e-commerce, food technology, gaming, health technology, real estate technology, restaurant technology, ridesharing, SaaS, and virtual reality. FJ Labs invests primarily in seed and Series A rounds, with an investment range between $50,000 and $5,000,000. The firm has backed notable companies including Alibaba Group, Beepi, BrightRoll, Betterment, ADORE ME, and Earnest.

Inovo VC

Inovo Venture Partners is a venture capital firm established in 2011 and based in Warsaw, Poland, with over €50 million in assets under management. The firm focuses on investing in high-growth technology companies at the pre-seed, seed, and Series A stages, particularly within the Central and Eastern European region. Inovo specializes in sectors such as developer tools, artificial intelligence, machine learning, data science, healthcare, and SaaS-enabled marketplaces. The firm has earned recognition as a leading venture capital investor in Poland, having supported over 20 companies through direct investments and as business angels. Notable investments from its first fund include Booksy and Brand24, while its second fund has backed companies like Allset and Tidio. Inovo's team comprises experienced professionals with backgrounds in prominent organizations, enabling them to effectively identify and nurture companies that are poised to transform their industries and achieve market dominance.

United Partners

United Partners Group is a private equity firm based in Tallinn, Estonia, established in 2003. The firm specializes in providing financial advisory, investment, and asset management services to corporate clients. United Partners invests across a diverse range of industries and stages of company development, with a particular emphasis on commercial and residential properties, specifically in the logistics and industrial sectors.
Made 7 investments in Estonia

Aconterra Capital Partners

Aconterra Capital Partners, founded in 2019 and based in Antwerp, Belgium, is a venture capital investment firm focused on startups and scale-ups in the technology sector. The firm specializes in investing in solutions that enhance smart homes and buildings, aiming to connect individuals and integrate Internet of Things (IoT) devices and applications. Aconterra is particularly interested in companies that leverage data science, artificial intelligence, and sensor technology to promote sustainability and energy efficiency. By targeting businesses operating at the intersection of these fields, Aconterra seeks to support innovations that minimize ecological impact while enhancing the functionality and efficiency of residential and commercial environments, primarily in Western and Northern Europe as well as the United States.

OverKill

Overkill Ventures is a venture capital firm based in Riga, Latvia, founded in 2017. The firm specializes in investing in business-to-business technology startups primarily in the Baltics, Nordics, Central and Eastern Europe, and the Commonwealth of Independent States. Overkill acts as an angel investor, providing early-stage funding while leveraging its resources, expertise, and network to assist startups in achieving product-market fit and scaling their operations effectively.
Made 6 investments in Estonia

Icos Capital

Icos Capital is a venture and growth capital investment firm founded in 2005 and based in Rotterdam, Netherlands. With over 50 years of combined experience, the firm has invested more than 100 million euros in over 40 technology companies across Europe. Icos Capital specializes in early-stage investments, particularly in sectors such as food systems, chemicals, materials, and decarbonization. The firm distinguishes itself through its operational approach to venture capital, having achieved numerous successful exits via mergers and acquisitions and initial public offerings. Icos Capital maintains strategic partnerships with major corporations, enhancing its access to extensive global networks and expertise in cleantech innovations. Its latest fund focuses on climate tech, targeting impact investments related to pollution and air quality, aligning with both financial returns and corporate social responsibility objectives.

Soulmates Ventures

Soulmates Ventures, founded in 2019 and based in Prague, Czech Republic, is an accelerator focused on addressing pressing environmental challenges through innovative solutions. The firm aims to reverse detrimental trends by supporting bold and transformative green innovations. Soulmates Ventures primarily invests in companies across various sectors, including air, water, food, healthcare, mobility, and education, emphasizing the need for forward-thinking approaches to ensure a sustainable future for society and the planet.

Brinc

Brinc is an accelerator firm established in 2014, headquartered in Central, Hong Kong, with additional offices in various countries including Poland, China, Spain, Australia, India, and Bahrain. The firm specializes in investing in startups across a diverse range of sectors such as blockchain, alternative protein, healthcare technology, agritech, smart cities, clean technology, food technology, and logistics, among others. Brinc's mission is to support entrepreneurs, whom they refer to as "game changers," by providing investment and mentorship to help them tackle some of the world’s most pressing challenges. Additionally, Brinc operates training programs for incubators and accelerators, particularly in China, aiming to enhance the quality of startups and create opportunities for follow-on investments within the rapidly growing venture capital ecosystem.

Truffle Capital

Truffle Capital S.A.S. is an independent venture capital and private equity firm based in Paris, France, founded in 2001. The firm specializes in investing in early-stage to late-stage companies, with a focus on disruptive technologies within the Information Technology and Life Sciences sectors. Truffle Capital targets investments in areas such as fintech, insurtech, cybersecurity, and biotechnology, including medical devices and therapeutic drugs. The firm primarily invests in European companies while also exploring opportunities in high-growth markets in North Africa, the Middle East, India, and Brazil, particularly in the information technology sector. Typical investments range from €0.25 million to €80 million, with a preference for companies generating revenues between €0.1 million and €100 million. Truffle Capital aims to support innovative firms with the potential to become market leaders, often taking minority or majority stakes and participating actively in governance. The firm has raised over $1 billion and has backed more than 75 companies since its inception.
Made 1 investments in Estonia

Veriff

Veriff OÜ is an online identity verification company based in Tallinn, Estonia, founded in 2015. It offers a highly-automated platform designed to protect businesses and their customers from online identity fraud. By combining machine learning technology with expert manual checks, Veriff enhances the trustworthiness of online interactions. Its services enable the secure authentication of various forms of identification, such as driver's licenses and passports, across multiple platforms. This approach helps commercial sectors improve fraud prevention and comply with regulations regarding customer identification. Veriff’s focus on delivering immediate feedback during verification sessions positions it as a proactive solution in the fight against digital fraud.
Made 1 investments in Estonia

ICT Holding

Founded in 2013, ICT Holding is a private equity firm based in Limassol, Cyprus. The firm invests in equity securities, investment funds, interest bearing securities, derivatives in international markets. The firm also seeks to make direct investments in companies operating in finance, mineral mining, precious metal mining, transportation, energy, materials, technology, automobiles, medical technology sectors.