# Top 20 B2B VC (Venture Capital) Funds in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Boğaziçi Ventures | 2 | Turkey, United Arab Emirates, Canada | Seed, Pre-Seed | Software, Gaming, Information Technology |
| Change Ventures | 2 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Prototron | 2 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| Zenith Family Office | 2 | Estonia, United States | Pre-Seed | SaaS, Commercial Real Estate, B2B |
| Practica Capital | 1 | Lithuania, United Kingdom, United States | Seed, Pre-Seed, Series A | B2B, Software, Information Technology |
| Mobi | 1 | Estonia | Seed | B2B, Software, Information Technology |
| Mana Ventures | 1 | United States, Canada, Mexico | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, SaaS |
| Yolo Investments | 1 | United States, Australia, Estonia | Seed, Series A | FinTech, Cryptocurrency, Financial Services |
| Hyde Park Venture Partners | 1 | United States, Canada, Estonia | Seed, Series A, Series B | Software, SaaS, Information Technology |
| Correlation Ventures | 1 | United States, Canada, Estonia | Seed, Series A, Series B | Software, Health Care, Information Technology |
| DEPO Ventures | 1 | Czech Republic, United States, Estonia | Seed, Pre-Seed, Convertible Note | Software, Artificial Intelligence, Information Technology |
| Specialist VC | 1 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Icebreaker.vc | 1 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| European regional development fund (ERDF) | 1 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Crosslight Partners | 1 | Sweden, Estonia | Seed | Biotechnology, B2B, Medical |
| Gorilla Capital | 1 | Finland, Sweden, Estonia | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology |
| PULSAR | 1 | Russian Federation, United States, Ireland | Seed, Pre-Seed | Software, Internet, Information Technology |
| Sberbank | 1 | Russian Federation, United States, The Netherlands | Seed, Corporate Round | Internet, Information Technology, Software |
| Initialized Capital | 1 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, SaaS, Artificial Intelligence |
| Lux Capital | 1 | United States, United Kingdom, Canada | Series A, Seed, Series B | Software, Artificial Intelligence, Health Care |

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