# Top 50 Enterprise VC (Venture Capital) Funds in Estonia in June 2026 ## Specialist VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 17 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence United Angels VC is an early stage venture capital fund based in Estonia. ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 17 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence 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. ## Tera Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 14 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Artificial Intelligence Tera Ventures is an international investment firm based in Estonia. ## Change Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 13 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Apps We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world. ## Lemonade Stand - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 9 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction. ## Prototron - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 8 - Stages: Pre-Seed, Grant, Seed - Focus: Software, Manufacturing, Internet of Things 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. ## Thorgate Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 7 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, FinTech We invest both capital and our know-how into startups. Join us and let's change the world ## Superangel - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 6 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, Information Technology Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io ## Gorilla Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Information Technology Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies. ## Earlybird Venture Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 5 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, Artificial Intelligence Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities. ## BADideas.fund - Type: VC Fund - Relevant deals: 5 - Stages: Pre-Seed, Seed, Grant - Focus: Software, Information Technology, Artificial Intelligence BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition. ## LIFT99 - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 4 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Legal LIFT99 is a coworking hub and network of startup founders in Tallinn, Estonia, and Kyiv, Ukraine. In 2018, we launched our Skillsharing Platform for founders around the world. ## Karma Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, FinTech karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe. ## Spring Capital - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, E-Commerce Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee. ## TMT Investments - Type: VC Fund - Location: St. Helier, NA - Jersey, Jersey - Relevant deals: 4 - Stages: Seed, Series A - Focus: Software, SaaS, Social Media TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com. ## OpenOcean - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, SaaS OpenOcean is an early-stage venture capital firm investing in B2B software across Europe with offices in London & Helsinki. ## Union Square Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: Software, Financial Services, FinTech Union Square Ventures is a venture capital firm based in New York City. ## Creandum - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, Artificial Intelligence We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond. ## Contrarian Ventures - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Renewable Energy, Energy We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel ## Enterprise Estonia - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Grant, Seed, Pre-Seed - Focus: Biotechnology, Software, Mobile Apps Enterprise Estonia (EAS), established in 2000, promotes business and regional development in Estonia. Enterprise Estonia is one of the largest institutions within the national support system for entrepreneurship, providing financial assistance, advisory, cooperation opportunities and training for entrepreneurs, research establishments, public andthird sector. ## ZAKA VC - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Artificial Intelligence, Software, Information Technology ZAKA Startups is a private pre-seed and seed venture capital company. It is focused on early-stage software driven investments across the whole EU with primary focus on CEE, DACH and Baltics. ZAKA operates primarily from Prague and Bratislava with scouts in Berlin and Baltic region. ## Ambient Sound Investments - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Series A - Focus: Internet, Software, E-Commerce Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle. ## Trind Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS 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. ## Expansion Capital - Type: VC Fund - Location: Riga, Riga, Latvia - Relevant deals: 3 - Stages: Seed, Debt Financing - Focus: Manufacturing, Logistics, Transportation Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies. ## DEPO Ventures - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 2 - Stages: Pre-Seed, Seed, Convertible Note - Focus: Software, Artificial Intelligence, Information Technology DEPO Ventures is an angel network and VC (Grouport and DEPO Angels Fund II), which connects world of startups and investors. ## SquareOne - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, E-Commerce We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage ## BootstrapLabs - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Artificial Intelligence, Machine Learning, Software BootstrapLabs is a leading early-stage Venture Capital firm based in San Francisco focused on Applied AI - that was founded by entrepreneurs for entrepreneurs. The firm understands firsthand the needs and challenges of building a startup, and invests early in potentially disruptive Applied AI technology startups with global potential. And isuncovering the future by investing in Applied AI. Key sectors of interest include Transportation, Logistic, Energy, FinTech, Future of Work (FoW), Security, Internet of Things (IoT), HealthTech, and others. ## Hummingbird Ventures - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Financial Services, FinTech Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't. ## LD Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 2 - Stages: Seed, Initial Coin Offering - Focus: Blockchain, Cryptocurrency, Gaming LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem. ## Mosaic Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, Information Technology, FinTech We back founders who are reimagining the world. We invest $1-10m early, in those building daring adventures in Europe. ## Karista - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Biotechnology, Health Care Karista is an early-stage venture capital firm created in 2001 investing in Health, Digital, Tech, and NewSpace. ## Airtree Ventures - Type: VC Fund - Location: Paddington, Western Australia, Australia - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Information Technology AirTree is a venture capital firm investing in Australian and New Zealand technology founders from seed stage or earlier. ## NordicNinja VC - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, Artificial Intelligence NordicNinja VC invests in startups in the Nordic-Baltic region. ## Big Brain Holdings - Type: VC Fund - Location: Weston, Florida, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Blockchain, Cryptocurrency, Gaming Big Brain Holdings is Focused on Investing in Solana projects that have strong potential. ## Black Pearls VC - Type: VC Fund - Location: Gdansk, Pomorskie, Poland - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech Black Pearls VC is a venture capital firm focusing on Life Quality Technologies. We look for the best entrepreneurs in Poland and the Baltic Sea Region. ## Butterfly Ventures - Type: VC Fund - Location: Oulu, Oulu, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Health Care, Software, Information Technology Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm. ## Parallax Ventures - Type: VC Fund - Location: São Paulo, Sao Paulo, Brazil - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Bitcoin Founded in 2018, Parallax Ventures is a Fintech-focused top quartile Venture Capital firm that focuses on early-stage investments, baking best-in-class entrepreneurs in the Financial Services industry. The firm invests in Fintechs across all subsectors of Financial Industry, including Open Finance, FMI, Exchanges, BaaS, IaaS, B2B SaaS,Blockchain/Web3, Credit, Wealth Management tech, and Productivity, among others. Parallax has invested in Fintechs in Brazil, USA, and Europe. ## RubyLight - Type: VC Fund - Location: Riga, Riga, Latvia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Apps, Mobile, E-Commerce RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors. ## Tiny VC - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Backing great companies when they're tiny ## Hartmann Capital - Type: VC Fund - Location: Boca Raton, Florida, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Virtual Reality, Software, Blockchain Hartmann Capital offers one of the world's first crypto hedge funds to provide accredited investors exposure to Bitcoin and other digital assets in the virtual currency space. ## SquareOne Venture Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Machine Learning, SaaS We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage ## Maxis - Type: VC Fund - Location: Besiktas, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, E-Commerce Private Equity Investment arm of Isbank ## Pomerangels ASI S.A. - Type: VC Fund - Location: Szczecin, Zachodniopomorskie, Poland - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Delivery, E-Commerce, Health Care Pomerangels is a co-investment venture capital fund investing alongside business angels and syndicates.The fund back high potential businesses together with strong group or syndicate of private angel investors who are looking to make a good commercial investment. It focuses mainly on ICT, autonomous technologies, electronics, new materials,biotechs, and new models of services provision.In 2018, the fund was founded in Szczecin, Zachodniopomorskie. ## The Spartan Group - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, Software We advise, invest and build with the best entrepreneurs in Web3. ## Angel Effect - Type: VC Fund - Location: Kurucesme, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Mobile We are a team of successful entrepreneurs, corporate leaders and people who know the impact of creating value together. Together, we invest in high-impact, early-stage companies led by amazing teams with global mindset all over the world. ## LocalGlobe - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next? ## Passion Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, FinTech, Financial Services Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe, and we believe that the criticaldifferentiator and key asset of a successful business is the passion and ability of its founders. We take pride in the calibre and success of all of our founders and teams including but nowhere near limited to GoCardless, Tray.io, Mendeley, Digital Shadows, Adzuna, Smarkets, Ravelin, Tide, Marshmallow, Butternut Box, PolyAI, Lendable and Monzo Bank ## InfoCert - Type: VC Fund - Location: Rome, Lazio, Italy - Relevant deals: 2 - Stages: Pre-Seed, Corporate Round - Focus: Cyber Security, SaaS, Software Discover the solutions of InfoCert Digital, the largest Certification Authority leader in digital trust services for businesses, professionals and individuals. ## Mistletoe - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 2 - Stages: Seed, Series A - Focus: Information Technology, Software, Mobile 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. ## Boğaziçi Ventures - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Gaming, Information Technology Boğaziçi Ventures has been established in 2015 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for future exponential growth.BV Growth fund will only focus on thetechnology startups established in Turkey at the growth stage while having the ambition to get into the global market.BV Crypto fund will be closed with a minimum fund size of $50M to invest in cryptocurrency and blockchain projects. People are interested in investing in cryptocurrency, especially new initial coin offerings (ICO), but they don’t know which one is reliable. We have an extremely capable team dedicated to cryptocurrency. Our analysts search hundreds of ICO projects, follow their communication, investigate the commitment of their teams, make interviews and if they have a chance, even visit them at their locations to give a much better decision.