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Top 50 EdTech Startup Investors in Estonia (June 2026)

The most active venture capital funds and angel investors investing in Estonia EdTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia EdTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tera Ventures
VC Fund
7 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Artificial Intelligence $120k–$12M
Inventure
VC Fund
3 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$23M
Union Square Ventures
VC Fund
3 United States, United Kingdom, Canada Series A, Series B, Seed Software, Financial Services, FinTech $2M–$40M
Jaan Tallinn
Angel
3 United States, Estonia, United Kingdom Seed, Series A Software, Artificial Intelligence, Internet $531k–$124M
Airtree Ventures
VC Fund
2 Australia, United States, Singapore Seed, Series A, Series B Software, SaaS, Information Technology $750k–$48M
Joakim Karske
Angel
2 Estonia Seed, Pre-Seed Education, Recruiting, Professional Services
Metaplanet
VC Fund
2 United States, United Kingdom, Estonia Seed, Series A, Series B Artificial Intelligence, Software, Health Care $2.4M–$62M
Indrek Prants
Angel
2 Estonia Seed, Series A Education, Recruiting, Professional Services
Andres Kull
Angel
2 Estonia Seed, Series A AgTech, Farming, Software $531k–$559k
Mistletoe
VC Fund
2 Japan, United States, India Seed, Series A Information Technology, Software, Mobile $709k–$57M
Prototron
VC Fund
2 Estonia, Finland, Germany Pre-Seed, Grant, Seed Software, Manufacturing, Internet of Things $3k–$27k
Inovo.vc
VC Fund
2 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $300k–$23M
Christopher Sier
Angel
2 Estonia Seed, Pre-Seed Education, Recruiting, Professional Services
Martin Henk
Angel
2 Estonia, United States, United Kingdom Pre-Seed, Seed, Angel Software, SaaS, Information Technology $300k–$5.5M
Trind Ventures
VC Fund
2 Finland, Estonia, Spain Seed, Series A Software, Information Technology, SaaS $549k–$15M
u.ventures
VC Fund
2 United States, Ukraine, Estonia Seed, Pre-Seed, Series A Software, Artificial Intelligence, E-Commerce $500k–$20M
Specialist VC
VC Fund
2 Estonia, United Kingdom, Finland Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $241k–$6.5M
Kristel Kruustük
Angel
1 Estonia Series A Education, Recruiting, Professional Services
Rockaway Capital
VC Fund
1 Czech Republic, Germany, United States Seed, Series A E-Commerce, Software, Fashion $43k–$10M
Devotion Ventures
VC Fund
1 Estonia Series A Education, Recruiting, Professional Services
Contriber Ventures
VC Fund
1 Estonia, Finland, Germany Seed, Angel, Series A Software, Apps, SaaS $955k–$2.1M
Superangel
VC Fund
1 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, SaaS, Information Technology $149k–$5.5M
G8i
VC Fund
1 Spain, Estonia Pre-Seed Eyewear, Fashion, Education $219k–$318k
Geoffrey Prentice
Angel
1 United States, India, Estonia Seed, Series A, Series C Apps, News, Mobile
Andrés Echecopar
Angel
1 Spain, Estonia Pre-Seed, Angel FinTech, Internet, Security $55k–$146k
Peter Vesterbacka
Angel
1 Estonia, Finland, Faroe Islands Pre-Seed, Seed, Series A Software, Artificial Intelligence, SaaS
Swiss Post Ventures
VC Fund
1 Switzerland, Germany, France Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2M–$45M
HardGamma Ventures
VC Fund
1 United Kingdom, Poland, United States Seed, Convertible Note Software, E-Commerce, Education $35k–$1M
Kadri Tuisk
Angel
1 Estonia Angel EdTech, Education, E-Learning
Rubio Impact Ventures
VC Fund
1 The Netherlands, United Kingdom, United States Seed, Series A Software, Education, Energy $1.1M–$16M
Rakuten
VC Fund
1 United States, Japan, Singapore Series A, Series B E-Commerce, Financial Services, FinTech $2.8M–$110M
Kustaa Valtonen
Angel
1 Estonia, Faroe Islands Pre-Seed SaaS, Big Data, Software
EstBAN
VC Fund
1 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, Information Technology, Manufacturing $197k–$2.6M
LocalGlobe
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
Icebreaker.vc
VC Fund
1 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $106k–$25M
Superhero Capital
VC Fund
1 Finland, Lithuania, Estonia Seed, Pre-Seed Software, Information Technology, Internet $212k–$3.1M
Northstar Ventures
VC Fund
1 United Kingdom, United States, Indonesia Seed, Series A Software, Health Care, E-Commerce $39k–$9.7M
BlackPine
VC Fund
1 Hong Kong, United States, China Series A, Seed, Series C Blockchain, Artificial Intelligence, FinTech $1.5M–$485M
Joe Zadeh
Angel
1 Italy, United States, Estonia Pre-Seed, Seed, Series A Information Technology, Artificial Intelligence, Personal Health $1.1M–$19M
G-FUND
VC Fund
1 United Kingdom, Germany, Switzerland Seed, Pre-Seed, Series A Wellness, Health Care, Food and Beverage
Easypress Technologies
VC Fund
1 Estonia Seed Education, Recruiting, Professional Services
Thorgate Ventures
VC Fund
1 Estonia, United Kingdom, Norway Seed, Pre-Seed, Series A Software, SaaS, FinTech
Joel Aasmae
Angel
1 Estonia Seed Education, Recruiting, Professional Services
Mana Ventures
VC Fund
1 United States, Canada, Mexico Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence
Hyde Park Venture Partners
VC Fund
1 United States, Canada, Estonia Seed, Series A, Series B Software, SaaS, Information Technology
Rockaway Ventures
VC Fund
1 Germany, Greece, Estonia Seed, Series A Travel, Tourism, Rental
Credo Ventures
VC Fund
1 United States, United Kingdom, Czech Republic Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology
Change Ventures
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps
TrueSight Ventures
VC Fund
1 United Kingdom, Sweden, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $611k–$16M
Access all 76 investors in Estonia EdTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 7 investments in Estonia EdTech startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 66
  • Round size: Seed $531k–$4.2M; Pre-Seed $120k–$2.2M; Series A $1.6M–$12M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Secfense — Secfense User Access Security Broker is a network traffic broker that learns the traffic patterns related to authentication and builds an additional security layer between users and their applications.Secfense broker is not a 2FA method. Secfense broker is a tool that enables a quick & easy setup of any 2FA method or authentication standardavailable on the market and introduces it without interfering with applications existing code or database.Without Secfense broker, the 2FA integration often requires changes in the apps' code and then manual check, which can take forever when there are hundreds of apps to protect.Secfense broker streamlines the process by taking over the traffic. The broker knows to which app the user wants to log in, and it asks the user to apply the 2FA method that was chosen for this specific app. Thanks to the Secfense broker the 2FA implementation process is quick & painless across the entire organization. Our customers can also easily switch to any other 2FA method available on the market connecting it with any application or device they need.
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Estonia EdTech startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 165
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$23M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $169M in 2022

Portfolio highlights

  • Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.
  • Reveel — Say goodbye to paper maps, brochures, and outdated audio guides. Reveel offers digital solutions for destinations such as UNESCO sites, sights, museums, cities, hotels and parks, taking the visitor experience to the next level. Become part of the smart destination movement, enhance the visitor experience, and discover the future of travel.
  • ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
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Union Square Ventures
VC Fund · New York, New York, United States · 3 investments in Estonia EdTech startups

Union Square Ventures is a venture capital firm based in New York City.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 414
  • Round size: Seed $2M–$15M; Series A $3.2M–$24M; Series B $5.5M–$40M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $200M in 2022

Portfolio highlights

  • Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
  • Tandems — Tandems enhances the way financial advice is delivered by equipping advisors, bankers, and agents with data-driven insights and personalized recommendations. Tandems focuses on improving institutional operations through automation and intelligent decision-support tools that streamline workflows and client engagement. The company’s technology isdesigned to augment human expertise, allowing financial professionals to allocate more time to strategic guidance and relationship building.
  • Mundi — Mundi provides financial, trade development, strategy, freight and reinventing international trade services.
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Jaan Tallinn
Angel · Tallinn, Harjumaa, Estonia · 3 investments in Estonia EdTech startups

Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Seed, Series A
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 65
  • Round size: Seed $531k–$15M; Series A $3.3M–$124M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • ZaiNar — ZaiNar leverages patented digital signal processing techniques to locate radio devices in 3D with meter-level accuracy.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
  • Blueprint Bryan Johnson — On the surface, Blueprint may seem something about health, wellness and aging. It's really a system to make tomorrow better for you, me, the planet and our shared future with AI.
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Airtree Ventures
VC Fund · Paddington, Western Australia, Australia · 2 investments in Estonia EdTech startups

AirTree is a venture capital firm investing in Australian and New Zealand technology founders from seed stage or earlier.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Australia, United States, Singapore

Investor stats

  • Total investments: 184
  • Round size: Seed $750k–$10M; Series A $2.8M–$35M; Series B $4M–$48M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $288M in 2022

Portfolio highlights

  • TrueState — Accelerate your AI adoption with TrueState's library of high-impact AI solutions, infinitely customisable for your unique business context.
  • Sauce — AI customer insights for product teams
  • SafetyCulture — Digitize & improve elements of your operations. Give your teams the knowledge, tools & confidence to work safely & meet higher standards.
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Joakim Karske
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

Joakim Karske

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Metaplanet
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

an early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors. We back mission-driven founders working on positively disruptive deep technologies.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 98
  • Round size: Seed $2.4M–$12M; Series A $5.9M–$40M; Series B $23M–$62M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • 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.
  • Zama — Secure data privacy of your application with the Zama Concrete framework and its fully homomorphic encryption library
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Indrek Prants
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

Indrek Prants - Co-Founder @ Elasteq do Brasil

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed, Series A
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Andres Kull
Angel · 2 investments in Estonia EdTech startups

Andres Kull

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Investment focus

  • Industry: AgTech, Farming, Software
  • Stage:Seed, Series A
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Round size: Seed $531k–$559k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
  • VitalFields — VitalFields is a digital agriculture company that offers an easy-to-use farm management system for farmers to plan, manage and analyze their field activities, including simplified tracking and reporting of all crop inputs to help ensure compliance with European Union environmental standards. Founded in 2011 and based in Tallinn, Estonia,VitalFields is available in several European countries.
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Mistletoe
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Estonia EdTech startups

Mistletoe is a hub for startups and the overall entrepreneurial ecosystem. It specifically provides learning opportunities for entrepreneurs, facilitates startup communities, invests in and supports startup companies and venture capitals.

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Investment focus

  • Industry: Information Technology, Software, Mobile
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 95
  • Round size: Seed $709k–$28M; Series A $2.1M–$57M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • ULUU — ULUU is an ocean material that replaces plastic and actively benefits the world.
  • Aquaria — Aquaria provides solutions to secure access to clean water. The organization adapts its approaches based on the needs of these communities. It addresses water-related challenges through various methods.
  • Funderbeam — Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Prototron
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

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Investment focus

  • Industry: Software, Manufacturing, Internet of Things
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 55
  • Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
  • Lead/follow: 75% lead, 25% follow

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.
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Inovo.vc
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Estonia EdTech startups

VC for the most ambitious founders in CEE

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 86
  • Round size: Seed $300k–$7M; Pre-Seed $700k–$4.5M; Series A $6M–$23M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $119M in 2022

Portfolio highlights

  • Booksy — Booksy - book appointments online. Find & book beauty services like hairdressing, manicure, spa or massage. Check prices & reviews!
  • Tracelight — Tracelight is the best excel AI assistant for financial modelling, trusted by leading consulting and finance firms globally.
  • Smartschool — Get your 1400+ SAT score faster with AI
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Christopher Sier
Angel · London, England, United Kingdom · 2 investments in Estonia EdTech startups

Christopher Sier - Executive Chairman @ ClearGlass

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Martin Henk
Angel · San Francisco, California, United States · 2 investments in Estonia EdTech startups

Martin Henk is the Co-founder of Pipedrive.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $371k–$5.5M; Pre-Seed $300k–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vendis.ai — Vendis is the conversation layer for sales. Voice- and chat-first, it treats conversations as data, transforming multi-channel exchanges into autonomous updates and actions. Vendis captures voice, chat, email, meeting transcripts, and calendar data. Unlike CRMs built for management, not sales, it understands sales intents, detects risks, automatesworkflows, enriches data, and recommends next steps—an AI sales companion that understands you. Conversation in, pipeline out. Zero forms. More Deals.
  • Baserow — Discover Baserow, the open-source no-code platform for building databases and applications. No code or technical skills needed. Start creating for free today!
  • SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
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Trind Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Finland, Estonia, Spain

Investor stats

  • Total investments: 40
  • Round size: Seed $549k–$4.9M; Series A $5.5M–$15M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2018

Portfolio highlights

  • Xceed — Go out and live the best night events, parties & festivals at top clubs, bars and restaurants from around the world. Guest lists, tickets & VIP bottle service.
  • Wudpecker — Start the meeting prepared. End the meeting with perfect notes. Share it to every stakeholder. All in a seamless experience with Wudpecker.
  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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u.ventures
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Estonia EdTech startups

u.ventures invests in early stage technology startups with world-class teams and potential for global growth. Our goal is to support local entrepreneurs

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Ukraine, Estonia

Investor stats

  • Total investments: 40
  • Round size: Seed $580k–$5.5M; Pre-Seed $500k–$4M; Series A $2M–$20M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • DRESSX — Don't shop less, shop digital fashion. First multi brand retailer of digital fashion clothing. Shop digital fashion online at DRESSX.COM. Digital fashion clothes from top designer brands and 3D designers.
  • Dynamiq — Build, deploy and monitor on-premise GenAI applications to solve specific business needs, reducing costs, driving revenue and boosting competitiveness - all in one platform
  • Deus Robotics — One intelligent system blending AI, robotics, and software to reduce manual work and improve operational efficiency across industries.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia EdTech startups

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, Finland

Investor stats

  • Total investments: 68
  • Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $55M in 2022

Portfolio highlights

  • AIATELLA — Automating medical image analysis
  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.
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Kristel Kruustük
Angel · 1 investments in Estonia EdTech startups

Kristel is the Founder of Testlio, an expert community of verified mobile testers with a platform that seamlessly integrates into your team’s development process.Testlio believes in quality versus quantity when it comes to both testers and prioritizing issues, resulting in faster development cycles and improved apps.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
  • 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.
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Rockaway Capital
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia EdTech startups

We focus on investing and building Internet businesses not only in CEE. We believe in innovations and technologies. We create some added value. We are the next generation of entrepreneurs.

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Investment focus

  • Industry: E-Commerce, Software, Fashion
  • Stage:Seed, Series A
  • Geography: Czech Republic, Germany, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $43k–$2.5M; Series A $2M–$10M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • voya — Voya is the first business travel service that both travelers and their companies love.We are building a chat-based business travel service, enabling busy travelers to book and manage their travel within seconds by sending a simple text message.Combining latest A.I. technologies with human intelligence allows us to provide our customers withthe best and most responsive service.Companies love Voya for the incredibly easy on-boarding process, quick integration of accounting systems, and easy implementation of guidelines and approval processes.
  • uLekare.cz — Telemedicine pioneer in Czech Republic
  • Techloop.io — Techloop.io is a marketplace connecting software developers directly with hiring companies. Developers remain anonymous while companies pitch for them. They receive relevant offers, including salary information, and get a €500 bonus with their new job.
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Devotion Ventures
VC Fund · Göteborg, Vastra Gotaland, Sweden · 1 investments in Estonia EdTech startups

Devotion Ventures rapidly builds and scales profitable, high-growth startups by providing strategic investment, experienced operational teams, and proven growth methodologies.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Contriber Ventures
VC Fund · Tartu, Tartumaa, Estonia · 1 investments in Estonia EdTech startups

.Cocoon | Hubs | Investments

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Seed, Angel, Series A
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $955k–$2.1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Speakly — SPEAKLY is a powerful language learning tool
  • Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia EdTech startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 76
  • Round size: Seed $767k–$6.6M; Pre-Seed $165k–$2.2M; Series A $5.3M–$20M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
  • ZITICITY — Juragan69 adalah venue slot demo yang dipilih untuk final oleh para juragan di Indonesia karena memiliki fasilitas permainan slot yang lengkap serta pelayanan super ramah dari para customer service di situs ini.
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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia EdTech startups

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 63
  • Round size: Seed $274k–$1.3M; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Upsy Company — Join Zotabet Casino today to enjoy special benefits and an amazing gaming environment with a wide range of slots!
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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G8i
VC Fund · 1 investments in Estonia EdTech startups

G8i is a Spanish Business Angel Network.

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Investment focus

  • Industry: Eyewear, Fashion, Education
  • Stage:Pre-Seed
  • Geography: Spain, Estonia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $219k–$318k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Progracademy — Providing online Tutors for K-12 Eudcation in Computer Science
  • GreyHounders Glasses — GreyHounders Glasses is revolutionizing the Spanish optical sector
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Geoffrey Prentice
Angel · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Estonia EdTech startups

As cofounder of Oriente, Geoffrey Prentice is responsible for global business strategy, strategic partnerships, brand, and investments. He has nearly 20 years of experience founding, scaling and investing in technology companies across international markets.Before this, Geoffrey spent seven years as a founding Partner at Atomico, a leadingglobal VC firm with over US$2 billion in assets under management where he focused on sourcing new investments and working with portfolio companies on their global business development and expansion initiatives.In 2002, Geoffrey co-founded Skype, where he also served as Chief Strategy Officer. At Skype, he worked with a small team to build a leading global telecommunications platform company and oversaw its expansion into Asia and Latin America in addition to driving its initial business plan development and fundraising activities. He also played an instrumental role in the $3.1 billion exit to eBay Inc in 2005.Geoffrey holds a Bachelor's degree from the University of Michigan.

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Investment focus

  • Industry: Apps, News, Mobile
  • Stage:Seed, Series A, Series C
  • Geography: United States, India, Estonia

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Pepo — Buy the domain name Pepo.com and launch your business with a premium domain and a high quality logo.
  • Fab — Join Fab's new marketplace to create, share, and sell digital content. Get 88% revenue share and 100% until the end of 2024. Build your creative business now!
  • Lingvist — Lingvist is language learning software based on mathematical optimization and statistical analysis. It is designed to help users learn new languages within 200 hours. Its smart algorithm tracks the progress and mistakes of users, and adapts lessons in real time to match their levels and memory patterns.Lingvist is available for iOS and Androiddevices.Lingvist was launched by Ott Jalakas, Mait Muntel, Andres Koern, and Tanel Hiir in 2013 and is operated from Tallinn, Estonia.
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Andrés Echecopar
Angel · 1 investments in Estonia EdTech startups

Andrés Echecopar

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Investment focus

  • Industry: FinTech, Internet, Security
  • Stage:Pre-Seed, Angel
  • Geography: Spain, Estonia

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $55k–$146k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finanbest — Finanbest is an automated theft advisor that provides financial advice and online portfolio management through algorithms and with minimal human intervention. It is a web service that facilitates the creation of a personalized investment portfolio adapted to the context of each person through a simple test.The company makes the investment modelof large assets available to all, it combines the use of advanced automated investment platform with the advice of financial experts.Finanbest was founded on 2017 and is headquartered in Madrid, Spain.
  • SpeakerGuru — A peer-to-peer employee training platform that comprise easy-to-use online learning and proven efficiency of offline trainings through VR collaboration
  • Quantic Brain — They operate under a commercial model that provides value from the generation of opportunities to the achievement of the agreed success. The mode of operation is based on accompanying their clients in the design and execution of Turn-Key Projects , from the beginning to the end.
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Peter Vesterbacka
Angel · Helsinki, Southern Finland, Finland · 1 investments in Estonia EdTech startups

Peter Vesterbacka is the Founder at FinEst Bay Area, Mobile Monday, and Slush. He served as the Chief Marketing Officer and Mighty Eagle of Rovio Entertainment Oy. Vesterbacka manages the Rovio Entertainment’s business strategy, including expanding Angry Birds into broader entertainment franchise. He serves as Senior Advisor of Transfluent Oy.Previously, he has founded Some Bazaar, he has held several communications industry related positions at Hewlett Packard and founded the Hewlett Packard Mobile E Services Bazaar and he is the co-founder and original initiator of MobileMonday. He serves as a Director of Star Wreck Studios, Start Up Sauna, BlueGiga Technologies Oy, Oy Filmkompaniet Alpha Ab and American Chamber of Commerce in Finland. He served as a Director of F-Secure Oyj since 2014 until April 7, 2015. Vesterbacka has studied marketing at Åbo Akademi.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Estonia, Finland, Faroe Islands

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Edumus — We empower students with the skills they need to succeed in today's world and future careers #edumusschool
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
  • Polka Dot Studio — Kalian Bisa Memasang Taruhan Online Dengan Sangat Mudah Dan Nyaman Di Situs DEWAHOKI Yang Sudah Resmi Di Indonesia
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Swiss Post Ventures
VC Fund · Bern, Bern, Switzerland · 1 investments in Estonia EdTech startups

Swiss Post positions its services at the junction between the physical and digital worlds, building on an impressive range of physical products by supplementing them with an increasing number of digital solutions.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: Switzerland, Germany, France

Investor stats

  • Total investments: 19
  • Round size: Seed $2M–$4.6M; Series A $5M–$40M; Series B $4.2M–$45M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Metaco — Metaco provides mission-critical infrastructure enabling institutions to strive in the digital asset economy.
  • GUURU Solutions — Discover how community-powered advice can turn your PDPs into trusted, high-converting content and get cited in AI search.
  • Matternet — Matternet is a technology platform for urban aerial delivery. In March 2017, Matternet became the first company in the world to be authorized for urban drone delivery operations in Switzerland. In May 2018, the company was selected to participate in the FAA's Drone Integration Pilot Program for operations in North Carolina and San Diego. InMarch 2019, Matternet and UPS announced a partnership to implement drone delivery services at US hospitals and launched the first ongoing revenue drone delivery operation in US history at Wakemed in North Carolina.Founded in 2011, Matternet is headquartered in Mountain View, California
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HardGamma Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia EdTech startups

HardGamma Ventures is a venture capital fund that invests in startups that focuses on computing, internet, biotechnology, and more. Early stage VC fund focused on Polish and CEE startups.The Fund invests in projects such as seed and startups in the area of computing, Internet, mobile technologies, the biotechnology sector and physicochemicaltechnologies. HardGamma Ventures invests in strong teams developing projects with global potential - providing funding and support for business planning, marketing, product positioning and other business functions.The HardGamma team is constantly in contact and cooperation with leading competitions and incubator programs in Europe and USA - Seedcamp (UK), The Difference Engine (UK), Springboard (UK), Startup Bootcamp (Denmark), TechStars (United States), and the pan-European incubator program HackFwd (Germany), where the team is responsible for the assessment and certification program for start-ups, and the International Incubator of the University of Maryland (United States).The team of HardGamma is also building a network affiliation with other VC funds in the region to broaden the range of exploration and investment opportunities and to increase international support and business opportunities for the portfolio of projects.

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Investment focus

  • Industry: Software, E-Commerce, Education
  • Stage:Seed, Convertible Note
  • Geography: United Kingdom, Poland, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $35k–$1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Silverback.ai — The ultimate business intelligence platform for e-commerce marketplaces
  • Proxigroup — Solving the lack of visibility and transparency in asset management.
  • Carv — Improve your skiing technique with real-time audio coaching. Carv uses pressure and motion analysis to score your technique and help you improve.
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Kadri Tuisk
Angel · 1 investments in Estonia EdTech startups

Service Designer turned Co-founder and Head of product in fresh stealth mode startup Clanbeat, focusing on bringing more human to HR.Previously team lead more than 7 years in marketing strategy and advertising agencies Taevas Ogilvy and The Division, where she was responsible for building cross-media communication campaigns.Believer ofdesign thinking. Her passion lies in people and making a difference via IT. Loves running, traveling and pushing new limits.

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Investment focus

  • Industry: EdTech, Education, E-Learning
  • Stage:Angel
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
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Rubio Impact Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Estonia EdTech startups

Rubio Impact Ventures is a venture fund focused on early and growth stage enterprises with a positive impact on society and the environment.

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Investment focus

  • Industry: Software, Education, Energy
  • Stage:Seed, Series A
  • Geography: The Netherlands, United Kingdom, United States

Investor stats

  • Total investments: 62
  • Round size: Seed $1.1M–$5.8M; Series A $3.3M–$16M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $117M in 2021

Portfolio highlights

  • Sympower — Empower your business with Sympower's AI-powered solutions, optimising efficiency and maximising revenue through demand response, battery storage, and grid balancing.
  • Renewaball — The first circular tennis ball - webshop
  • Amber Electric — Join the smart energy revolution. Amber Electric is a new way to buy electricity. Unlike traditional retailers, we pass through the real-time wholesale price, helping you save money and use more renewable power.
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Rakuten
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Estonia EdTech startups

Rakuten Group, Inc. is a leading global company that contributes to society by creating value through innovation and entrepreneurship. Browse corporate information, including company overview, investor relations, sustainability and careers.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Series A, Series B
  • Geography: United States, Japan, Singapore

Investor stats

  • Total investments: 80
  • Round size: Series A $2.8M–$38M; Series B $10M–$110M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2016

Portfolio highlights

  • Lyft — Rideshare with Lyft. Lyft is your friend with a car, whenever you need one. Download the app and get a ride from a friendly driver within minutes.
  • AST SpaceMobile — AST SpaceMobile is building the first and only global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. The company's team of engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobilesubscribers and finally bring broadband to the billions who remain unconnected. The company was founded on May 31, 2017 and is headquartered in Midland, TX. The listed name for ASTS is AST SpaceMobile, Inc. Class A Common Stock.
  • Rakuten Medical — Rakuten Medical is a privately funded clinical-stage biotechnology company with offices in the USA, Japan, and Germany. Rakuten Medical has been developing new anticancer therapies based on the Photoimmunotherapy platform. Rakuten Medical plans to become a fully integrated biopharma with research, development, and worldwide commercialization oftherapies based on the Photoimmunotherapy platform.Rakuten Medical is committed to conquering cancer and aims to realize a society where cancer patients can lead fulfilling lives.Rakuten Medical was established in 2010 and is based in San Mateo, California.
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Kustaa Valtonen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Estonia EdTech startups

Kustaa Valtonen - Board Member @ Valotalive

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Investment focus

  • Industry: SaaS, Big Data, Software
  • Stage:Pre-Seed
  • Geography: Estonia, Faroe Islands

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Edumus — We empower students with the skills they need to succeed in today's world and future careers #edumusschool
  • Usable — The biggest challenge in AI isn't model capability — it is long-term memory. Models have limited context, and existing solutions can't be shared across teams, technologies, or time. Usable solves this with a cross-AI team repository featuring elegant primitives, dual vector/graph intelligence, and an event-sourcing architecture basedon Flowcore Platform. Slush 100 semifinalists in 2024.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia EdTech startups

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Lithuania, Latvia

Investor stats

  • Total investments: 16
  • Round size: Seed $600k–$2.6M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • 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.
  • BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
  • MarkeDroid — MarkeDroid is Energy Orchestration Platform that helps installers and siteowners profit from turning traditional energy systems into AI-powered solutions.
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LocalGlobe
VC Fund · London, England, United Kingdom · 1 investments in Estonia EdTech startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 333
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.5M; Series A $3.5M–$33M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Wefarm — Wefarm is a farmer-to-farmer digital network that enables farmers to share information via SMS. The company allows small-scale farmers to connect with one another to solve problems, share ideas, and spread innovation. Utilizing the latest machine learning technology, Wefarm’s service works both online and over SMS.Since its founding in 2015,Wefarm has been named one of Africa’s Most Innovative Companies by FastCompany and has won Google’s Impact Challenge Award, TechCrunch’s Europas-Tech for Good Award, and the European Union Commission’s Ideas from Europe prize, among others. The company is headquartered in London with a field presence in Nairobi, Kampala, and Dar-es-Salaam.
  • Circular — Developers-focused job platform for Software Developers, DevOps, Data Science & more. Sign up now and get access to successful hiring processes in Spain, Remote.
  • Victory League — Victory League is a profit-driven sports entertainment organization that uses mass-market events and media manipulation to benefit athletes financially.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia EdTech startups

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.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Estonia, Sweden

Investor stats

  • Total investments: 122
  • Round size: Seed $384k–$5.2M; Pre-Seed $106k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $22M in 2021

Portfolio highlights

  • 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.
  • ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
  • NROC Security — Prevent data leaks, govern shadow AI, prove compliance, and save 50% on GenAI subscriptions
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia EdTech startups

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 93
  • Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
  • eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
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Northstar Ventures
VC Fund · Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom · 1 investments in Estonia EdTech startups

Northstar Ventures invests venture capital in early and later stage, high growth companies tackling global challenges, focusing on climate tech and healthy ageing.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Indonesia

Investor stats

  • Total investments: 190
  • Round size: Seed $39k–$1.8M; Series A $851k–$9.7M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • H2CHP — H2CHP's Free Piston Engine Technology enables your transition to green energy with the reliability & confidence of fuel flexibility.
  • NunaBio — NunaBio operates as a privately-owned specialist DNA development company. NunaBio engaged in CRO (Contract Research Organizations) and CDMO (Contract Development and Manufacturing Organisation) activities.
  • CellRev — high expertise in the designing and testing of self-assembling peptides providing different benefits when culturing adherent cells in vitro.
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BlackPine
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Estonia EdTech startups

BlackPine is a private investment firm. Their firm provides financing solutions to companies and asset owners with presence in Greater China. They target opportunities where they can take an active role in the business and co-operate with management to help develop strategies both domestically and abroad. Their approach to investing enables them toleverage their long term relationships with strategic partners and portfolio companies to source and manage deals. These relationships, together with their strong intermediary network allow them to maintain a close pulse to business activities in the region.

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Investment focus

  • Industry: Blockchain, Artificial Intelligence, FinTech
  • Stage:Series A, Seed, Series C
  • Geography: Hong Kong, United States, China

Investor stats

  • Total investments: 13
  • Round size: Seed $1.5M–$11M; Series A $5M–$485M; Series C $20M–$48M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Terminal 3 — We empower an equitable digital future
  • Neutral Trade — Neutral Trade, an on-chain multi-strategy hedge fund platform, offers innovative delta-neutral trading and liquidity provisioning strategies to deliver consistent, risk-adjusted returns.
  • Talon — Soar with Talon. Merchandise Shop Now. Embark on this journey with us.
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Joe Zadeh
Angel · San Francisco, California, United States · 1 investments in Estonia EdTech startups

Joe Zadeh

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Personal Health
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Italy, United States, Estonia

Investor stats

  • Total investments: 14
  • Round size: Seed $2.2M–$13M; Pre-Seed $1.1M–$5.2M; Series A $13M–$19M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ephos — Designing and manufacturing glass-based integrated photonic circuits that power the most advanced classical and quantum devices
  • Cubbit — Cubbit is secure encrypted cloud storage with a difference. A distributed cloud that is 100% private and green. Join the Swarm.
  • Lexroom.ai — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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G-FUND
VC Fund · Munich, Bayern, Germany · 1 investments in Estonia EdTech startups

We are a cross over of generations. Combining the wisdom of investing with the stamina to accelerate models for the new consumer. Our focus are next-gen consumer businesses in the areas of nutrition & food, digital health & wellness, clean beauty & cosmetics, sustainable fashion & clothing, as well as digital education.

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Investment focus

  • Industry: Wellness, Health Care, Food and Beverage
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, Switzerland

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • XOXO Soda — XOXO Soda is a plant-based drink with prebiotic fiber that is low in sugar and calories.
  • Vocal Image — Join 4M+ Vocal Image users to improve your communication skills in just minutes. Discover your voice type, boost confidence & speak better. Try now.
  • dsb Deutsche Sanierungsberatung — dsb Deutsche Sanierungsberatung provides easy and sustainable solutions for climate-friendly homes energy-efficient renovations for homeowners.
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Easypress Technologies
VC Fund · Guildford, Surrey, United Kingdom · 1 investments in Estonia EdTech startups

A leading global provider of cloud based digital publishing solutions to over 500 global publishers. We understand the issues faced by publishers in the ever-changing digital world, and provide stable, scalable and flexible technology solutions to overcome today's challenges.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Thorgate Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia EdTech startups

We invest both capital and our know-how into startups. Join us and let's change the world

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United Kingdom, Norway

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

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.
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Joel Aasmae
Angel · 1 investments in Estonia EdTech startups

Joel is based in Tallinn and takes care of our operations as the Managing Partner. Chat with him at most industry events in Europe.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Mana Ventures
VC Fund · San Francisco, California, United States · 1 investments in Estonia EdTech startups

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

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 112
  • Lead/follow: no public data

Portfolio highlights

  • Sahay AI — Smart Inspection solutions for infrastructure
  • Peer AI — The agentic AI platform for life sciences—Peer AI accelerates regulatory & clinical documentation across phases, combining speed, quality & compliance.
  • Ruli — Ruli | The AI Teammate for Legal Professionals.
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Hyde Park Venture Partners
VC Fund · Chicago, Illinois, United States · 1 investments in Estonia EdTech startups

Hyde Park Venture Partners is an early-stage venture capital firm focused on high-growth, mid-continent technology startups. We seek companies with an exceptional founding team and fast-growth potential, looking to raise a first or second round of capital.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Estonia

Investor stats

  • Total investments: 182
  • Lead/follow: no public data

Portfolio highlights

  • Certiverse — Certiverse is an end-to-end exam development platform using industry-leading psychometric standards, intuitive machine learning, and an innovative, asynchronous, crowdsourced content-creation model.
  • Benji — Benji is a modern API for loyalty programs. It helps businesses enhance conversion rates and profitability by providing clients with a new way to pay using rewards points.
  • Slip Robotics — Auto-load and auto-unload any truck in 5 minutes with SlipBots to drive 10X speed, safety, and savings across the supply chain. With Slip, truckers don't wait and forklift drivers don't risk it.
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Rockaway Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia EdTech startups

Rockaway Ventures (Fund of Rockaway Capital) focuses on late-stage venture and growth equity ESG investments in digital economy in Europe

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Investment focus

  • Industry: Travel, Tourism, Rental
  • Stage:Seed, Series A
  • Geography: Germany, Greece, Estonia

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Cruxo — The success of Amazon strongly motivated all retailers to adopt retail media to grow their business. For all of them we created CRUXO. Platform that allows retailers to boost their revenues and profitability. Simply by enabling vendors to employ data, targeting as well as native ad formats. Customers who are set in a shopping mode activelyrespond to targeted contextual promotions. Ads for products that natively complement their current needs and increase the size of their shopping cart.Overall the customers are happier, while both retailers and vendors grow their business.
  • Apaleo — Transform your hospitality business with an open platform. Easily connect 3rd party applications to build a best-in-class tech stack for your hotel
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia EdTech startups

We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Czech Republic

Investor stats

  • Total investments: 137
  • Lead/follow: no public data

Portfolio highlights

  • Duvo — Close the execution gap between data insights and action. DUVO closes operational cases end to end across ERP, portals, email, and calls with verified write-backs in weeks - without heavy IT integrations.
  • IP Fabric — Automated Networks Assurance Platform fully maps complete network infrastructure, providing hyper-converged visibility and a single point of truth for global networks, provides advanced visualization for troubleshooting issues, and simulates network behavior to infer deviation from policy or infer risks which could cause an outage in the future.
  • Brightpick — Brightpick offers AI robots for warehouses to easily automate every step of their order fulfillment. The innovative Brightpick robots enable warehouses of any size to fully automate order picking, consolidation and dispatch, as well as stock replenishment. Brightpick Autopicker, the company’s award-winning flagship robot, is the only mobile robotin the world that robotically picks and consolidates orders directly in warehouse aisles. The Brightpick solution takes just weeks to deploy and allows companies to reduce their fulfillment labor to a minimum. Headquartered near Cincinnati, OH, Brightpick has more than 200 employees and hundreds of AI robots deployed across the US and Europe.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia EdTech startups

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

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 60
  • Lead/follow: no public data

Portfolio highlights

  • Eurora — Eurora develops an e-commerce suite of customs compliance tools.
  • 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.
  • RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
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TrueSight Ventures
VC Fund · London, England, United Kingdom · 1 investments in Estonia EdTech startups

TrueSight Ventures is a venture capital firm investing in pre-seed and seed deals.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Sweden, United States

Investor stats

  • Total investments: 71
  • Round size: Seed $655k–$7.1M; Pre-Seed $611k–$2.5M; Series A $8M–$16M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Querio — Querio is an AI native Business Intelligence platform that meets everyone at their technical level. From fully automated queries and visualizations, to co-pilot jupyter notebooks.
  • Mintago — Home - Mintago
  • Swish Robotics — Embodied Intelligence for the Home
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EdTech Investor funding in Estonia at a glance

Stats across 43 deals from 76 investors.

76
investors
in Estonia EdTech startups
43
deals
in Estonia EdTech startups
$955k
median round
in Estonia EdTech startups
30%
lead investors
lead at least one round
37%
Seed
most common funding stage
72/28
VC / Angel
share of investor count

Access all 76 investors in Estonia EdTech startups.

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