Get 250+ investors tailored to your startup

Invest in your industry and stage
Emails & contact info included
Excel and CSV export
Automatically

Trusted by 3,000+ startups

Top 15 B2B VC (Venture Capital) Funds in Estonia in December 2024

Last updated: Dec 2024 A list of 15 VC (Venture Capital) funds that invest in B2b startups based in Estonia. We rank investors based on the number of investments they made in B2b companies from Estonia. We update this investor list every month.

Top 15 B2B VC (Venture Capital) Funds in Estonia in December 2024

Investor	B2B Estonia investments
Change Ventures	2
Boğaziçi Ventures	2
Zenith Family Office	2
Gorilla Capital	1
Bain Capital	1
Lux Capital	1
Specialist VC	1
Mana Ventures	1
European regional development fund (ERDF)	1
Icebreaker.vc	1
PULSAR	1
Sberbank	1
Yolo Investments	1
Practica Capital	1
Initialized Capital	1

Find investors that fund startups like yours. Automatically.

Our algorithm will find investors that invest in your industry, stage, and geography.

Investor list

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

Investment focus

Software, Apps, Mobile Apps
Seed, Pre-Seed, Series A
Estonia, United States, Lithuania

Portfolio highlights

Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
Certific — Certific is a platform that enables certified remote medical testing at scale.
Origin Robotics — Origin is a defense technology company that specializes in advanced autonomous systems. It was co-founded in 2022 by UAV industry serial entrepreneurs to address the growing security threats in Europe.

Boğaziçi Ventures has been established in 2015 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for future exponential growth.BV Growth fund will only focus on thetechnology startups established in Turkey at the growth stage while having the ambition to get into the global market.BV Crypto fund will be closed with a minimum fund size of $50M to invest in cryptocurrency and blockchain projects. People are interested in investing in cryptocurrency, especially new initial coin offerings (ICO), but they don’t know which one is reliable. We have an extremely capable team dedicated to cryptocurrency. Our analysts search hundreds of ICO projects, follow their communication, investigate the commitment of their teams, make interviews and if they have a chance, even visit them at their locations to give a much better decision.

Investment focus

Software, Information Technology, Gaming
Seed, Funding Round, Pre-Seed
Turkey, United Arab Emirates, Sweden

Portfolio highlights

F4e — Boost employee performance and business results with continuous feedback, transparency, and commitment to business goals.
Magfi — A search engine that analyzes communities into WhatsApp, Telegram, and Discord with AI, ML, and NLP and places ads with micro-targeting.
Kavaken — Kavaken offers artificial intelligence-powered solutions to renewable energy asset owners.

Independent wealth management company devoted to handling the investments and personal needs of wealthy individuals

Investment focus

Commercial Real Estate, SaaS, B2B
Pre-Seed, Funding Round
Estonia, United States

Portfolio highlights

Remato — Remato provides all-in-one solution for your crew, tools and construction sites. Time tracking, site diary, photos, timesheets and much more.
Moderan — Moderan is an online software for commercial real estate lease lifecycle management and asset reporting. So easy, any team can start using it in a day. Get your lease and property information organised. Save time with automated reports and make sure no deadline is missed.
VideoCV.io — Spend less time reading stacks of resumes, and more time on finding the best fit for your company. VideoCV helps you increase your hiring productivity by streamlining your talent management processes.

Gorilla Capital invests in early stage Finnish, Swedish, Danish and Estonian technology companies

Investment focus

Software, Information Technology, SaaS
Pre-Seed, Seed, Series A
Finland, Estonia, Sweden

Portfolio highlights

Kwizie — Kwizie transforms passive video consumption into fun multiplayer quiz games with AI. Share a QR code or link to anyone, anywhere, in seconds!
Clevenio — Clevenio is a leading provider of innovative healthcare management solutions, dedicated to simplifying the complexities of healthcare administration while improving patient care. The platform offers a comprehensive suite of tools and features designed to optimize every aspect of healthcare management, from appointment scheduling and medical billingto electronic health records (EHR) and telemedicine capabilities. Clevenio empowers healthcare providers to streamline their workflows, reduce administrative burdens, and enhance the overall patient experience.
Jungle AI — Jungle uses artificial intelligence to predict component failure, and poor performance in an advanced asset management software.

Bain Capital is a multi-asset alternative investment firm with assets under management and operates business units that create value through private equity, public equity, credit, and venture capital across multiple sectors and industries.

Investment focus

Software, Financial Services, Health Care
Funding Round, Private Equity, Series B
United States, China, India

Portfolio highlights

Mintlify — Save time and improve your codebase by letting Mintlify manage your documentation for you
The Openwork Partnership — The Openwork Partnership is a provider of financial advice services.
Kestra Medical Technologies, Inc. — Kestra Medical Technologies is a wearable medical device and digital healthcare company that protects patients with diagnostic and therapeutic technologies that are intuitive, and mobile. They provide intuitive medical technologies to protect and support at-risk patients.

Lux Capital manages over $5 billion in assets focused on founding, seed, early-stage, and growth investments at the intersection of technology and the sciences. Lux takes an active role in helping entrepreneurs build successful businesses in high-growth sectors. Its investment team has built over 20 companies from scratch. Lux's investmentstrategy ensures portfolio companies are better connected, have a deeper insight, and command industry leadership faster than their competitors.

Investment focus

Software, Health Care, Biotechnology
Series A, Seed, Series B
United States, United Kingdom, Canada

Portfolio highlights

Shiru — Discover Shiru. We are an Ingredient Company that Identifies and Creates Functional Ingredients for the Plant-Based Industry.
Enveda Biosciences — Enveda Biosciences is a biotechnology company building new medicines from plants. It harnesses the complexity of the natural world to tackle today’s biggest healthcare challenges. With the help of the advancements in knowledge graphs, machine learning, and metabolomics, they discover the next generation of small molecules. Its technologiessystematize the discovery of small molecules and novel targets for complex diseases. By probing novel chemical space and mechanisms of action, they are breaking the status quo for challenging diseases with a need for effective treatments, such as fibrosis or neurodegeneration.Enveda, launched in 2019, is based in San Francisco, California.
Physical Intelligence — Physical Intelligence is bringing general-purpose AI into the physical world.

United Angels VC is an early stage venture capital fund based in Estonia.

Investment focus

Information Technology, Software, Artificial Intelligence
Seed, Pre-Seed, Funding Round
Estonia, United Kingdom, United States

Portfolio highlights

Miros — Revolutionizing ecommerce with AI-powered visual search and semantic search. Seamless, tagless, and intuitive product discovery for all shoppers.
Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
CyberUpgrade — Easily manage ICT compliance audits by tracking controls, handling ever increasing requirements, and sharing policies. Gain control over cyber security measures.

Mana Ventures is a San Francisco based VC firm that invests in early stage technology companies and consumer brands.

Investment focus

Software, SaaS, Health Care
Seed, Pre-Seed, Series A
United States, Canada, Mexico

Portfolio highlights

OneRail — OneRail is a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. OneRail’s cloud-based “delivery switch” simplifies same-day and on-demand delivery execution by connecting the demand signal (POS, eCommerce, ERP) with the ecosystem ofdelivery networks and internal fleets in real-time. The result of OneRail’s centralized view of disparate final mile data enables data-driven optimization, positively impacting the dependability, speed, and cost of final mile fulfillment.
Anello Photonics — Anello Photonics is founded by pioneers in silicon photonics and inertial navigation. The patented Anello SiPhOG gyroscope offers an affordable mass-market sensor with true Optical Gyroscope performance. The company is headquartered in Silicon Valley and funded by leading venture capital firms.
XDLINX Space Labs — COMMODITIZING DEEP SPACE TECHNOLOGY For Enabling Space Missions our platforms READY-TO-LAUNCH Satellite Platforms with hosted Payloads SOVEREIGN ISR MISSIONS Intelligence, Surveillance, Reconnaissance System EMPOWER Global access to spacecapabilities and skillsets Ready to launch satellite platforms THE LAUNCH STORY Janus-1 is a software-defined 6U small satellite - designed, developed in record time of 10 months and

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

Investment focus

Software, Information Technology, Artificial Intelligence
Grant, Funding Round, Pre-Seed
United Kingdom, Germany, France

Portfolio highlights

Losanje — Losanje has a brand and an upcycling workshop that gives second-hand and unsold completed apparel and textiles a second life. Its goal is to create an innovative manufacturing chain that will allow for the first time the industrialization of upcycling, as well as to implement the most credible solution, both ecologically and economically.
PulmoBiomed — Pulmobiomed has developed a best-in-class exhaled breath condensate device, capable of capturing Covid-19 particles in as little as 5 seconds. Pulmobiomed a biotechnology company is working with industry leaders in integrating their diagnostic capabilities into our PBM-Hale device. Pulmobiomed techn
Knock Technology — The world's simplest video chat app: Improves mental health and boosts innovation. It's a secure, cost effective and peer-to-peer telecoms solution for everyone.

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

Investment focus

Software, Information Technology, Artificial Intelligence
Pre-Seed, Seed, Series A
Finland, Estonia, Sweden

Portfolio highlights

Aibidia — Discover the Aibidia TXM Platform and our digital transfer pricing applications, eliminating billions of euros in tax inefficiencies and risks.
Fixably — Fixably is the repair management solution to seamlessly connect all users, from the end customer to the technician, and all repair systems within your service business.
IPRally — Improve your invalidity, patentability and FTO searches. Easy-to-use patent search web application, powered by unique AI knowledge graph technology.

Pulsar Venture Capital, a business acceleration program, offers financing and mentorship to clean tech, robotics, and electronics startups.

Investment focus

Software, Internet, Information Technology
Seed, Funding Round, Pre-Seed
Russian Federation, United States, Ireland

Portfolio highlights

Oyl — Oyl is a Bitcoin wallet designed to enable seamless trading of Ordinals, BRC-20 & Runes all within the wallet.
Q Platform — Q Platform is a First globally connected fintech- multi-banking platform in Russia and CIS.Its platform for banks provides access to the whole ecosystem of fintech solutions available on the market with detailed analysis; allowing quick integration and management. The platform for Fintechs allows to enter new markets and works with new audiencesin different countries using interbank distribution model.The company was founded in 2017 and based in Moscow, Russia
Beauty Tech — Beauty Tech is an application with a variety of consumer DNA tests, as well as personalized cosmetics, dietary supplements and nutrition kit

Sberbank today is the largest credit institution in Russia and CIS, accounting for 26% of the aggregate Russian banking assets and 30% of banking capital. According to The Banker magazine, as of July 01, 2010, Sberbank was ranked 43th in the world in terms of Tier 1 capital.Established in 1841, Sberbank has grown into a universal commercialbank with diversified businesses. Sberbank is the biggest taker of deposits in the country and the key lender to the national economy. As of January 01, 2011, Sberbank accounted for 47,9% of retail deposits, 31% of consumer loans and 31% of corporate loans in Russia.

Investment focus

Internet, Information Technology, E-Commerce
Seed, Corporate Round, Funding Round
Russian Federation, United States, The Netherlands

Portfolio highlights

Eruditor Group — Bringing businesses and freelance professionals online
Veon — Veon is an international communications and technology company, headquartered in Amsterdam, and driven by a vision to unlock new opportunities for customers as they navigate the digital world. Present in some of the world’s most dynamic markets, Veon provides more than 200 million customers with voice, fixed broadband, data and digital services.Veon’s heritage as a pioneer in technology is the driving force behind a major transformation focused on bringing the digital world to each and every customer. Veon offers services to customers in 14 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, Laos, and Zimbabwe.
O2O Holdings — Formed by a JV between Sberbank and Mail.ru Group, provides an O2O services platform focusing on key areas of food and transportation.

Yolo Investments is focusing on late seed & series A stage investments in igaming, fintech and crypto.

Investment focus

Information Technology, Sports, Cryptocurrency
Seed, Series A, Funding Round
Estonia, United States, Australia

Portfolio highlights

IDA — IDA is the leading provider of digital asset solutions, allowing trust, transparency, and speed in payments and commerce. By leveraging blockchain technology, IDA opens up a more connected and inclusive global economy.
Fanton — The first P2E Fantasy Football game with Telegram integration
Basketball Forever — Basketball Forever.

Practica Capital

Investment focus

B2B, Software, Information Technology
Seed, Funding Round, Series A
Lithuania, United States, United Kingdom

Portfolio highlights

CTO2B — CTO2B helps organization in managing the cloud service adoption and runtime operations.
eany — B2B marketplace for Household, DIY and Home Electronics products
Spike Technologies — November 30, 2022 - Spike technology, REST API end-points, and Cloud architecture are designed with data privacy and security at heart. We process billions of

Initialized Capital is an early-stage venture capital firm focused on the seed. Initialized has 6 investing partners and over $3.2B under management over five core funds since its founding in 2012. The firm's startups have created in aggregate over $200B in market value so far.

Investment focus

Software, SaaS, Health Care
Seed, Series A, Series B
United States, Canada, United Kingdom

Portfolio highlights

AstroForge — We mine asteroids to extract valuable minerals in space at a lower cost and smaller carbon footprint than the current terrestrial mining methods.
Beyond Aero — Beyond Aero is a Toulouse-based aerospace company founded in 2020
Star Catcher — Star Catcher is creating the first energy grid for space. Spacecraft connect to the network and receive energy via existing solar arrays, requiring no retrofit to utilize.

Investors by industry

Artificial intelligence