Top 40 Consumer VC (Venture Capital) Funds in Estonia in May 2026

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

• Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
• TWICE COMMERCE ® — Turn sustainability into revenue with Twice Commerce, the all-in-one resale and rental platform. Create your store for free!
• CARÁ Health — Suun combines a midwife-powered app with studios in Tallinn and Berlin to ease pregnancy and postpartum symptoms, build strength and support you every day.

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

• 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

• 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

• 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

• OptiNose — Optinose is a specialty pharmaceutical company focused on creating and bringing to market innovative products for patients with diseases treated by ear, nose, and throat (ENT) and allergy specialists.
• Realeyes — VerifEye is Better Than CAPTCHA. Vision AI that verifies age, gender and physical characteristics in milliseconds without collecting or storing sensitive documents.
• General Fusion — General Fusion is developing fusion energy: a clean, safe, abundant and on-demand approach to generating electricity.

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

• DeepSeq.AI — Explore DeepSeq.AI - revolutionizing protein screening and drug design with cutting-edge AI. We empower researchers to accelerate discoveries and transform healthcare.
• Bullseye Biosciences — Bullseye Biosciences is a therapeutics discovery company revolutionizing drug development through robotics and evolution. Our platform operationalizes cutting-edge directed evolution technology by incorporating automation and Next Generation Sequencing. By targeting challenging drivers of human dise
• Sensible Biotechnologies — Engineering cells to make better mRNA.

Portfolio highlights

• Neo4j — Connect data as it's stored with Neo4j. Perform powerful, complex queries at scale and speed with our graph data platform.
• Blackwood Seven — Blackwood Seven is a media analytics platform which strives to increase the effect of company’s media spend using our predictive analytics framework built on machine learning and artificial intelligence. Using real-time modelling and advanced KPI prediction we are able to increase a company’s media ROI by up to 15-25%.
• Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.

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

• 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

• Jome — On our platform, you can search for and tour thousands of new construction homes and communities near you. Our new home experts are ready to guide you through the entire home-buying process and will help you turn your dream home into a reality
• Submix — Submix is a music technology startup that is changing how musicians, producers, and audio professionals work on music projects.
• Miros — Revolutionizing ecommerce with AI-powered visual search and semantic search. Seamless, tagless, and intuitive product discovery for all shoppers.

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

• Samebug, Inc. — Samebug is a software startup company that builds a platform to help developers to find and share solutions to software problems. Simply take a stack trace from a crash, plug it into Samebug (either via a browser or plugin to IntelliJ IDEA or Android Studio) and it will search across over a Million (and growing) solutions to determine if theproblem causing the crash has been solved by another engineer or not. If it has, Samebug will present the solution, if the problem has not been solved, Samebug will connect you with experts who can help.
• FLOWX.AI — FLOWX.AI wraps and orchestrates legacy systems, making it incredibly easy for enterprises to create web and mobile front-ends for mission-critical business flows. The revolutionary AI-enabled Apeiron UX engine is able to automatically create a modern, intuitive front-end for customers and employees, helping to consolidate in a unified UI all thebusiness logic cross-systems.This enables companies with complex technology landscapes to create and launch mission-critical digital products fast, and then facilitate an easy path forward to full digital transformation.The revolutionary novel approach is 100x faster and cheaper than existing alternatives. FLOWX.AI allows delivery of enterprise-grade mobile and web digital front-ends as fast as 10 weeks, and requires much smaller engineering teams.
• ABZ Innovation — ABZ Innovation delivers fast, precise European-built drone solutions that outperform traditional machinery, tailored to customer needs with full support,

Portfolio highlights

• OhSpecs — Shop affordable prescription glasses online OhSpecs. It is easy to order glasses online from us at affordable prices: choose a frame, specify your prescription of the lenses, and pay for the purchase.

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

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

Portfolio highlights

• Taimer — Manage customers, sales, projects, resources, time tracking, invoicing, billing, expenses, reporting, and more in one unified PSA software.
• Scorestars — The official virtual basketball manager game trusted by over 27,000 basketball fans
• Vumonic Datalabs — The world's largest ecommerce companies, brands, and hedge funds trust Vumonic's data and Insights to understand trends & beat the competition.

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

• 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

• Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
• Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
• Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!

Portfolio highlights

• HomeZero — Wij bieden software en services voor bedrijven actief in de energietransitie en een marktplaats van vraag,- & aanbod voor huiseigenaren
• Coolset — We take a data-driven approach towards your corporate climate goals. Greencast helps companies cut carbon by providing real-time emission insights.
• Leafcloud — Dutch cloud provider alternative with sustainable infrastructure in Amsterdam. European Cloud with Kubernetes, GPU, virtual machines & databases. Nederlandse green cloud with OpenStack, open-source, and GDPR compliance. Climate-positive alternative to hyperscalers.

Portfolio highlights

• Corgea — Corgea finds, triages, and fixes vulnerabilities across code, packages, infrastructure, and containers.
• OpenFunnel — OpenFunnel provides AI agents that help Go-To-Market teams find potential customers by detecting real-time intent signals from the internet.
• Nowadays — Nowadays acts as your in-house event planner, taking away the hassles of organizing while factoring in your company's unique tastes and needs.

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

• Prana Thoracic — A minimally invasive, lung-sparing device that will provide physicians and patients with the certainty they need to move forward with treatment.
• Ronovo Surgical — Founded in 2019 and headquartered in Shanghai, Ronovo Surgical is founded by industry veterans from global leaders in surgical and industrial robotics, such as Intuitive Surgical, Johnson & Johnson, Medtronic and KUKA. Aiming to transform how surgery is performed in China, Ronovo is leveraging robust R&D capabilities and strategicpartnerships globally to accelerate the development of a broad portfolio of MIS and digital surgery solutions that exemplifies the core themes of simplicity, precision, and intelligence.
• Osteal Therapeutics — Osteal Therapeutics is a privately-held, clinical-stage pharmaceutical company developing novel musculoskeletal therapeutics to treat orthopedic infections and their consequences.

Portfolio highlights

• Pyka — We believe that electrification and automation will make aviation safer, more affordable, and more accessible than has ever been possible in human history.
• OneSkin — It's time to redefine how we think about skin health. Explore how we use aging & longevity science principles for products that'll leave your skin feeling healthier.
• Qminder — Set up Qminder queue management software in minutes. Real-time reports on customer service & employee performance. Cloud-based. Wireless. Free Support.

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.
• 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

• Gridio — The #1 OFFICIAL smart charging app for your EV!
• Viggo — Viggo is a ride-hailing service running 100% with zero-emission cars. Your electric alternative to taxi. We give you Denmark's best drivers in electric cars.
• FLEXeCHARGE — Optimize EV charging with FLEXeCHARGE. Control all charging stations through one load and energy management platform.

Portfolio highlights

• Adeffi — Adeffi is a tech-enabled ad marketplace revolutionizing OOH and DOOH advertising with innovative, data-driven solutions and gig economy integration. Since 2019, we’ve leveraged technology to transform the physical world into dynamic ad opportunities, helping brands connect with target audiences through impactful outdoor strategies. Profitable andsurpassing $1M in annual revenue in 2024, Adeffi is reshaping the future of advertising in Bangladesh and expanding to cities in India, Nepal, Thailand and Vietnam.
• Airwrk — Hire through platform or through consulting & services. Source, vet, & hire pre-vetted global talent with state-of-the art AI recruiting tech.
• Shuttle — Shuttle is a mass-transit startup based in Bangladesh that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers.

Portfolio highlights

• Haut.AI — Haut.AI is SaaS platform for skin care and skin health applicaitons

Portfolio highlights

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

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

• Axoflow — Axoflow security data pipeline for high-quality security data, faster detection and response, and reduced costs.
• Miros — Revolutionizing ecommerce with AI-powered visual search and semantic search. Seamless, tagless, and intuitive product discovery for all shoppers.
• Photoneo Brightpick Group — Next generation of 3D robot vision for flexible automation

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

• VOW — Meet Quick, a purpose-built Webflow template to promote SaaS and software apps without writing code. Its pre-built content will help you get your website up and running in no time at all.
• Fusepay — Modern Finance & Payments for Indian Ocean Islands
• Outfox Health — AI copilots answer benefits questions instantly. Lower costs without changing carriers. Launch in under 30 days.

Portfolio highlights

• Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
• Yaga SA — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
• Peerby — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.

Portfolio highlights

• Melio — Melio has created a rapid, precise, and comprehensive blood test that identifies 99% of the most common pathogens in hours, rather than days.
• Proton Intelligence — Continuous, real-time, and accurate biomarker monitoring to better manage chronic disease and save lives.
• Catena Biosciences — Catena Biosciences uses a novel protein conjugation method to bring breakthroughs in biological therapeutics, autoimmune disorders and vaccine development

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.
• Mifundo — Mifundo ensures trust between banks and individuals by providing secure, verified financial histories across borders.
• Dragonfly Technology Limited — Software moves fast, and businesses are losing out. They’re using outdated tools, while watching competitors make strides with AI-first tech. But the fact is, the way teams discover and choose software has been broken for years. Dragonfly is a platform designed to simplify the process of software discovery with clarity, objectivity, and speed.With Dragonfly's proprietary AI-driven technology, businesses can make smarter, faster decisions by connecting their existing tech stack to a dynamic, curated dataset of the world’s most performant tools, to instantly provides contextual, personalised recommendations tailored to your unique challenges, goals, and stage of growth.Dragonfly is built to eliminate the confusion and bias from software selection. No more spreadsheets, vendor hype, or guesswork. With Dragonfly, your team can stay aligned, cut waste, and fast-track research. Whether you're scaling fast or looking for an AI-driven tool to enhance productivity, Dragonfly has you covered today and tomorrow.

Portfolio highlights

• Sitniks — Sitniks is a business process automation solution for retail on Instagram.
• Banani AI — AI-powered UI design tool. Free text to UI design generation. Create stunning wireframes and high-fidelity designs fast. Edit designs with text prompts.
• Crosscheck Sustainability Suite — The Sustainability Suite is a platform that simplifies external audits and accelerates compliance