Top 50 Climate VC (Venture Capital) Funds in Estonia in May 2026

Portfolio highlights

• Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
• RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
• Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

Portfolio highlights

• Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
• Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
• Soldera — Soldera enables renewable energy producers to earn additional income through an automatic guarantee of the origin trading system.

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Askel.ai — Askel.ai elevates SaaS with embedded AI automation.
• Sky Spy — Sky Spy provides advanced RF intelligence solutions for defense, security and mission-critical operations.

Portfolio highlights

• Coursy.io — Make employee development more effective with LMS powered by Learning Design
• Waybiller — Bulk TMS solution for end-to-end management: Waybiller transforms your logistics operations, allowing you to handle bulk shipments with precision and speed. The Best E-waybill Software & Bulk TMS Solution
• Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.

Portfolio highlights

• Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
• Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
• Vocal Image — Discover your accent & voice type. Free 30-second test. Join 4M+ users building clear, confident communication with daily AI coaching.

Portfolio highlights

• KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
• Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
• RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

Portfolio highlights

• FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
• Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
• RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.

Portfolio highlights

• Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
• Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
• Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.

Portfolio highlights

• Eliq — Energy data platform for utilities combining customer insights and operational intelligence to improve service, reduce churn and grow revenue.
• PVcase — From site selection and design to yield optimization; PVcase helps streamline your entire process.
• Urbio — Intuitive online software for urban energy planning and design. Urbio helps energy providers, utilities, consultants and real estate companies save time and money with generative design and digital twins.

Portfolio highlights

• Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
• Willow Wealth — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.
• FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring

Portfolio highlights

• Repsense — Repsense is a data company that mimics user journeys and predicts reactions to content found in search results pages. any of the clients can use the Repsense Index to quickly assess their reputation and compare it to competitors across different geographies and user intents.
• Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
• Flowstep — Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.

Portfolio highlights

• Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.

Portfolio highlights

• Cgates — Cgates is largest independent pay TV and internet service provider. It provides digital and interactive television, fibre-optic broadband internet and fixed telephony to subscribers across the country. The company was founded in 1991 and has developed into a leading telecom operator via numerous acquisitions and organic growth. Investor consortiumled by Livonia Partners acquired a significant minority stake in September 2017 to support growth of the company and further network and technology upgrades.
• Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
• Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.

Portfolio highlights

• Frankenburg Technologies — Frankenburg Technologies aims to develop missile systems that are ten times more affordable, a hundred times faster to produce, and in quantities far exceeding current industry capabilities.

Portfolio highlights

• Sunsave — Save money on your bills and gain energy independence with Sunsave solar panel and battery solutions. Get a free quote today.
• Ankar AI — Your AI Operating System for Patents
• Sava Technology — SAVA is reinventing health monitoring with a novel biosensing platform enabling real-time, affordable, and painless molecular monitoring.

Portfolio highlights

• Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
• UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
• RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

Portfolio highlights

• Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
• Cuploop — Using RFID technology, our Smart Kiosk offers efficiency & security. Going circular has never been so easy.
• Jeff — Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other typesof digital footprint.Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score.The company was founded in 2019 and is located in Riga, Latvia.

Portfolio highlights

• Webel — Webel is an on demand Home Services Marketplace (cleaning, nannies, tutors...) where clients can search, book, compare, pay and review these services. Thanks to a deep analysis of the current methods for hiring these services and the competition outlook, we have created a unique and revolutionary business model that will outperform the market.
• Jobilla — Reach and activate your target group with a powerful recruitment solution. Increase the amount of applications and get 7X more qualified candidates.
• Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.

Portfolio highlights

• PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
• CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
• Patron GO — Patron GO is a fintech firm that uses AI to detect unnecessarily high costs on a customer's bank account and offers the best solutions.

Portfolio highlights

• Lutso — Empowering older adults to live independently, safely, and with dignity. Lutso is the smarter way to support aging at home.
• Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
• NROC Security — Prevent data leaks, govern shadow AI, prove compliance, and save 50% on GenAI subscriptions

Portfolio highlights

• Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
• Vok Bikes — We build heavy-duty cargo bikes and rent them out to on-demand delivery companies and their couriers — no surprises, no extra fees. Currently active in Tallinn and Vilnius and expanding to London and Berlin Q4 2021.
• UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.

Portfolio highlights

• Pynk — Pynk is the Multi-Award Winning London Fintech that rewards you for making predictions on assets like Gold, NASDAQ and Bitcoin. Free sign up, start today!
• FleetFox — Full-stack fleet care service. Hands-on fleet services powered by technology for car-sharing and business fleets across Europe.

Portfolio highlights

• SafePAS — Discover portable lab-grade analyzers that offer precision wherever you need it. With cutting-edge technology, we deliver lab-grade precision and cost-effective solutions for drug detection and soil analysis.
• Solid IO — Solid IO is transforming precision oncology with organ-on-chip technology, delivering real-time, patient-specific insights to improve cancer treatment decisions.
• Freya Cultivation Systems — We are a developer of agricultural technologies in pursuit of Controlled Environment Agriculture profitability improvement. Our core pillars are engineering complex technologies into simple packages, conducting plant science to advance our technologies, and working with partners globally to improve the industry's profitability.

Portfolio highlights

• Gameto — Gameto is a new breed of biotechnology company in female reproductive longevity
• Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
• ALICE Technologies — ALICE is a construction project schedule optimization software that enables contractors and owners to optimize, de-risk and recover construction projects with AI.

Portfolio highlights

• Nostos Genomics — Our genetic variant interpretation platform enables genetic testing labs to give more people with genetic diseases a clear and fast diagnosis.
• Waypoint AI — Waypoint AI triages, deflects, routes, and does postmortems. before they become into crises.
• Customs4trade (C4T) — Customs4trade simplifies Global Customs Management and Trade Compliance with a user-friendly software solution, CAS, which offers end-to-end automation.

Portfolio highlights

• CROWN — Drive savings and supplier competition with CROWN's eAuction service. Smart reverse auctions built for procurement teams. Book your free demo today.
• Gamow Tech — Gamow Tech is an AI-driven reproductive medicine platform using computer vision to improve embryo selection and IVF success rates.
• Stackbooster — Stackbooster unlock Kubernetes and Application DNA. Save 80% and supercharge the performance with AI powered Kubernetes platform

Portfolio highlights

• Gelatex Technologies — Gelatex is a Techstars-backed materials technology company that invented the fastest technology for producing bio-based nanofibers on a large scale. It is a platform technology that enables faster and up to 100 cheaper nanofiber production for applications like 3D scaffolds for tissue engineering, cultured meat, bio-based filters, eco-friendlyleather-like textile, energy storage, wound care, and many more. The technology is patent-pending and the machinery fully functional. The company was founded in 2016 and until COVID-19 pandemic developed eco-friendly leather-like textile from gelatin nanofibers, using this nanofiber production technology as part of the process. COVID-19 was a trigger to understand the wider potential of the technology which then led to pivot.The company is based in Estonia and holding incorporated in UK (2019).
• Sigrid Therapeutics — Sigrid Therapeutics is developing an ingested medical device for lowering blood sugar in prediabetics.

Portfolio highlights

• SKYCORP Technologies — Discover Skycorp's sustainable, hydrogen-powered drones designed for first response, agriculture, energy, and infrastructure applications.

Portfolio highlights

• Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.

Portfolio highlights

• TheyDo — Customer journey management: organize your business around the customer journey. Manage insights, journeys, opportunities and solutions in one place. Try now!
• Vespa.ai — Vespa is the AI Search Platform for fast, accurate and large scale RAG, personalization, and recommendation.
• AutogenAI — Cutting-edge AI technology to streamline proposal writing and help businesses win more bids.

Portfolio highlights

• Guaana — Your next hackathon, without the hassle. Built for speed and minimal human errors.
• Wellness Foundry — MealLogger, your photo food journal and nutrition network, is the fast and easy way to keep track of your personal wellness. App available on iOS and Android
• EatAndTheCity — EatAndTheCity helps international newspapers, magazines, local media & food guides monetise the influence of their content. We enhance the communication between local communities and local media. Their revenue generating restaurant journalism platform for media companies allows users to not only discover but to reserve gastronomic experiences.EatAndTheCity’s white label platform already collaborates with leading companies in Finland and Estonia and Germany. Media and publishing companies are able to leverage their connection with local communities to generate new revenue streams. Combining these features and the business model in cooperation with local media companies differentiates us from the competitors.

Portfolio highlights

• Qminder — Set up Qminder queue management software in minutes. Real-time reports on customer service & employee performance. Cloud-based. Wireless. Free Support.
• THEO — Power-Up Any AI Assistant in 3 minutes by transforming your startup's strategy, product, and market info into an expert-designed AI-ready knowledge format, making AI truly understand your unique business nuances.
• Desktop Commander — Desktop Commander is a powerful MCP tool that helps developers manage files, set up servers, and deploy applications with ease.

Portfolio highlights

• Buyutech — Democratizing the autonomy by changing the way of perception. We work for a world where your loved ones are safe on the roads we offer affordable and scalable products that will become the eyes of the millions.
• Wayve — Wayve are pioneering an AI-centric approach to self-driving, inspired by our vision of a smarter, safer and more sustainable world.
• Saykal — Saykal develops and manufactures advanced technology in sensing, detection, and imaging systems for global-scale strategic and scalable industries, especially automotive.

Portfolio highlights

• GaltTec — GaltTec focuses on developing and marketing microtubular solid oxide fuel cells. GaltTec specializes in drones, off-grid equipment, IoT, portable devices, and space equipment. GaltTec was founded in 2022 and was headquartered in Tartu, Estonia.
• TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
• Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

Portfolio highlights

• R8tech — R8 Jenny is AI HVAC technology for commercial real estate. It helps you achieve ESG goals while saving up to 30% in energy costs!
• Valmet Automotive — Valmet Automotive, a Uusikaupunki, Finland-based electric vehicle developer and manufacturer. Valmet Automotive provides engineering, manufacturing and business services for the automotive industry. In 2009, the company generated net sales of €56m and employed some 800 people. It manufactures Porsche Cayman sports cars, electric Garia golf carsand THINK City urban cars in Uusikaupunki, Finland. Cuca
• Blueprint Genetics — We offer complete genetic testing and genetic diagnostics to medical professionals worldwide. Learn more about our winning clinical-grade NGS offering!

Portfolio highlights

• Y42 — Y42's Turnkey Data Orchestration Platform gives you a unified space to build, monitor and maintain a robust flow of data to power your business
• Qatalog — Connect tools, resources and teams in one digital Work Hub. Find information quickly, collaborate effectively. Set up your Work Hub.
• LabGenius — Finding the next generation of drugs with machine learning, synthetic biology and laboratory automation

Portfolio highlights

• Visitt.io — Come to Visitt and see why CRE & multifamily property management, tenant experience and building operation teams all love our easy to use tools & tenant apps
• Yuzu Health — Automating health plan administration
• Crowded — Banking for Greek Life that allows you to seamlessly pay dues, P2P transfers, deposits, and make payments with your virtual debit card. Tailored tools for events, ticketing, chat organizational management and more.

Portfolio highlights

• VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
• Wirepas — Wireless mesh connectivity for industrial IoT. Proven, ultra-reliable and scalable. Lowest total cost of ownership. The best mesh for IoT.
• X-BOLT Orthapaedics — X-Bolt Trauma Solutions for osteoporotic bone fixation. FDA 510(k) approved. Clinical studies include the WHITE One (n=100) and WHITE Four (n=1,140) randomized control trials.

Portfolio highlights

• RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

Portfolio highlights

• Guaana — Your next hackathon, without the hassle. Built for speed and minimal human errors.

Portfolio highlights

• MYCEEN — MYCEEN is a carbon-negative materials combining mushroom mycelium and industrial byproducts.
• Lifeyear — Digital-first heart care. At scale.
• Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

Portfolio highlights

• Meld — Meld empowers developers to build a Multi Vendor Fintech stack. With a few lines of code, developers gain access to a wide range of financial integrations across multiple domains. Meld helps you lower your overall 3rd party vendor costs, increase coverage and conversion rates, and save you time by launching integrations across markets faster. Weprovide performance analytics for every provider you integrate with - putting you back in control of your fintech stack.
• Pave Bank — The world's first multi-asset and programmable bank
• Coverd, Inc. — Finances made easy

Portfolio highlights

• Ecobase — EUROPE'S LARGEST AFFORESTATION AND REFORESTATION PROJECT DEVELOPER

Portfolio highlights

• One mtn — 1MTN is bridging Africa and carbon markets to combat climate change through carbon removal projects and planting bamboo. Purchase carbon credits or learn about our partnership-oriented funding model for landowners. #actnow #carbonremoval #plantingbamboo

Portfolio highlights

• Helen — Helen sell electricity to about 450,000 customers and heat more than 90 percent of Helsinki's properties with district heating.
• eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
• Inbank AS — Inbank is a consumer finance-focused digital bank with an EU credit institution license, active in seven countries.

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.

Portfolio highlights

• Roofit.solar — Our award-winning integrated solar roof combines Nordic design with premium materials and highly efficient solar technology.

Portfolio highlights

• Improvin' — Improvin' is a sustainability performance platform that helps agri-food companies measure, report and reduce greenhouse gas emissions in their own value chain.
• Tradesnest — Tradesnest is an AI powered B2B SaaS-Marketplace that revolutionises the B2B industry by removing the barriers for brands looking for distributors and retailers to enter new markets. With Tradesnest, getting your innovations on retailers’ shelves in new markets around the world has never been this easy!
• Every Health — Every Health focuses on "holistic, needs-based medical care for the LGBTQIA+ community".

Portfolio highlights

• Acembee — Acembee is an AI-driven platform designed to automate the tracking, data collection, and reporting of LCA A4+A5 (Life Cycle Assessment phases related to construction site energy use and transport) for construction projects. provides solution that consolidates data from the building site into one platform, enabling precise, real-time insights intoenergy consumption, CO₂ emissions, and compliance with legal environmental requirements. Acembee saves significant time, reduces unnecessary energy use by up to 40%, and helps projects stay within allowed CO₂ limits, ultimately making sustainability management on construction sites.
• Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
• Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

Portfolio highlights

• SKYCORP Technologies — Discover Skycorp's sustainable, hydrogen-powered drones designed for first response, agriculture, energy, and infrastructure applications.