Top 10 Construction VC Funds & Investors in Estonia (August 2026)

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

• 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

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
• Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
• Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.

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 is unifying energy certificate registries. We give corporate energy buyers, sustainability teams, procurement teams, utilities, and traders one infrastructure layer across fragmented registries so they can procure, manage, and cancel renewable energy certificates with far less manual work.The platform combines aggregated procurement fromthousands of utilities with cleaner registry execution and audit-ready, government-backed cancellation statements traceable to the generating machine. That makes renewable energy certificate management easier to run, easier to evidence, and easier to scale across markets.

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

• BirdyChat — A modern work chat app for professionals. Start conversations with anyone using their work email. Collaborate and grow your network.
• Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
• Saltz — Premium ingredients for your menu with no hidden delivery fees or markups.

Portfolio highlights

• Enter — baupal seeks to democratize sustainable and customized architecture, making design, energy assessments, permitting and cost evaluations more accessible and straightforward for private builders and smaller construction projects. baupal is an online building application service that takes advantage of digital processes and efficient team structuresto streamline design, planning and permitting processes for a range of small-scale projects.baupal was established in December, 2020 in Berlin, Germany.
• Faktus — Le partenaire financier de vos chantiers publics. Le financement de BFR rapide et accessible pour les entreprises du bâtiment
• CalcTree — CalcTree brings engineering teams, designs and calculations together. In traditional engineering design and construction, projects all begin with a design process. Architects, civil, mechanical, electrical and geotechnical engineers, as well as contractors and builders all work together to design structures down to the last bolt before a shoveleven touches the ground. This process is slow, expensive and a complete mess both literally and digitally. It’s rife with data fragmentation and complexity, and CalcTree is solving that.Learn about CalcTree's mission, backstory and current investors here: https://www.calctree.com/about

Portfolio highlights

• Peec AI — Peec AI helps marketing teams analyze brand performance across ChatGPT, Perplexity, and Gemini. Track visibility, benchmark competitors, and optimize AI search presence.
• XO Market — XO Market is a decentralized finance platform that enables users to create, trade, and share prediction-based markets on future events using blockchain technology. The platform operates as a non-custodial interface, allowing participants to interact directly with smart contracts while retaining control of their own crypto assets. XO Marketfacilitates “conviction markets,” where users can establish and trade outcomes on various topics, with prices reflecting collective market sentiment. It uses an automated market maker model to provide liquidity and incorporates a hybrid system combining artificial intelligence and human input to resolve market outcomes. The platform supports permissionless market creation, enabling users to define events, set parameters, and participate in trading without centralized oversight.
• Skalar — Skalar specializes in providing automated and digital tax and accounting services for companies.

Portfolio highlights

• geoSurge — Customers don't search. They ask.
• Secondmind — Helping automotive engineers design better cars, faster.
• Opensignal — Opensignal is the leading global provider of independent insights into network experience and market performance.

Portfolio highlights

• Remato — Remato is all-in-one & mobile-first platform to seamlessly manage projects, people and assets. Budget estimating & task planning, field communications & work tracking, real-time overview & automated reports.
• 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.