Top 50 Hardware VC Funds & Investors in Estonia (July 2026)

Portfolio highlights

• BlackWall — Protect your web site from hacking, content theft, crawling, and cloning!
• Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
• Flowstep — Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.

Portfolio highlights

• Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
• CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
• Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.

Portfolio highlights

• Co-one — Co-one empowers businesses to unlock the full potential of Generative AI. We provide data-driven solutions for LLM development, including evaluation and dataset generation.
• Getmobil — Getmobill offers services in refurbished devices and their sale and resale.
• Atlas Space —

Portfolio highlights

• ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
• Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
• 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.

Portfolio highlights

• Yenmo — Unlock instant funds with India's best loan against mutual funds starting from 10.29% interest rate. Quick online approval, zero hidden charges, and no foreclosure fees.
• Olio Labs — Olio Labs utilizes AI for combo therapeutics, optimizing and minimizing side effects through automated discovery of protein interactions.
• Creasallis — Creasallis specializes in biotechnology, focusing on the development of innovative antibody engineering solutions. The company's flagship technology, CreaTap, enhances the penetration of antibody-based drugs into tumors, potentially increasing their efficacy. Creasallis leverages its expertise in structural and molecular biology to create moreeffective therapeutic solutions. The company has also been recognized in startup competitions, winning awards such as 50 EVOLVE Pipettes and accessories to support its research efforts.

Portfolio highlights

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

Portfolio highlights

• Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
• KappaZeta — KappaZeta provides services for interpreting radar satellite data to assist farmers in increasing profitability and improving the quality of agricultural products.
• Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.

Portfolio highlights

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

Portfolio highlights

• Tapaya — Tapaya is a fintech infrastructure company that provides payment acceptance software designed to turn any device into a payment terminal.
• Spotwise.ai —
• WhiteBridge AI — Whitebridge.ai will find everything about you online and provide you with a report. Check your online reputation or research people using AI. We help transform scattered online data into a coherent narrative of a your digital identity so that you can safeguard your reputation, understand prospects, prepare for pitches, hire wisely, and verify authenticity.

Portfolio highlights

• Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
• Validfor — Validfor is an AI-Native agentic digital validation platform designed specifically to address compliance issues in the life sciences and pharmaceutical industries.
• Antiverse — Designing biologics for 100 challenging targets

Portfolio highlights

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

Portfolio highlights

• FirstQFM — FirstQFM offers patent-pending AI foundation models for quantum computing.
• Emulsi Biotech — Emulsi Biotech is a biotechnology company that develops lipid technology to deliver biologic drugs orally.
• Intu Diagnostics — Intu Diagnostics develops rapid and instrument-free solutions for infectious disease diagnostics, aiming for affordability and global accessibility. The company is committed to implementing a sustainable and socially responsible business model to contribute to better global health through its technology. The product portfolio includes solutionslike PCR-TO-GO, designed to bring doctor's office-level diagnostics to the patient's door.

Portfolio highlights

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

Portfolio highlights

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

Portfolio highlights

• Fusebox Energy — Fusebox is a bridge between consumers and energy markets to save on energy costs and reduce CO2.
• Inion software — Renewable energy infrastructure provider (PV plant management, PV park SCADA racks, battery and EV charging integration and control)
• Thrust — Intelligent UAV Systems for Aerial Diagnostics Services

Portfolio highlights

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

Portfolio highlights

• Hardal — Centralize your first-party data and connect it from any source to any destination for a better performance.
• Promake — Promake is an AI platform that lets non-technical users build and manage billable web apps, mobile apps, games, and content using simple language prompts. No coding, no dashboards. Products are live on day one — with working UI, backend, payments, and hosting — and fully manageable via prompts. Promake replaces admin panels with chat, letting usersrun their business like texting a teammate. Unlike other AI builders that stop at drafts, Promake handles the full lifecycle: from first launch to every tweak and update after.
• Sapro Temizlik Ürünleri — Sapro Temizlik Ürünleri Sanayi ve Ticaret A.Ş. manufactures and exports a variety of sanitary products, including cosmetics, personal care items, and home cleaning products. The company is known for its private label wet wipes, which are produced with botanical ingredients. Sapro adapts its processes and products to meet the needs of the Earth andall living beings, emphasizing sustainability and innovation in its operations.

Portfolio highlights

• FenixPyre — FenixPyre provides Post-Authentication Data Security (PADS) to prevent ransomware, mitigate insider threats, and enforce TPRM. It blocks bad actors from stealing sensitive files, enhancing perimeter security while remaining seamless to users.
• HoustonBionics — HoustonBionics is proud to introduce ExoRehab X, a revolutionary at home stroke rehabilitation device to help support recovery.
• Visionteractive — Visionteractive develops social media based, fun and interactive physical and digital products, bridging the gap between online and actual world. The company aims to bring a brand together with the target audience by developing various creative products, while enhancing the memorability owing to the interactive experience with the users.Visionteractive was founded on 2013 and is based in Turkey.

Portfolio highlights

• CYSEC — Secure your sensitive data in the cloud and in the edge with ARCA Trusted OS and open the door to innovation with confidential computing.
• Tricares — TRiCares is a medical device company, devoted to developing a catheter-based valve replacement system for minimal invasive treatment of tricuspid valve regurgitation.
• Acticor Biotech — Acticor Biotech is a biopharmaceutical company developing an innovative drug for the treatment in the acute phase of ischemic stroke. Acticor Biotech’s project stems from the sheer need for new therapeutic options to manage stroke. According to the World Health Organization, 15 million people suffer stroke worldwide each year. Of these, 5 milliondies and another 5 million are permanently disabled. Stroke is the third cause of death in the world and the leading cause of death among women. It is also the first cause of adult acquired disabilities resulting from the neurological damages sustained by 75% of the survivors. However, only one treatment is presently recommended by health authorities and is it estimated that only 15% of ischemic stroke patients are treated with it, with less than 40% efficacy. So while this treatment is very useful for ischemic stroke, a major need for a new treatment capable of effectively treating a majority of ischemic stroke patients remains.Acticor Biotech was founded in November 2013 and is headquartered in Paris, France.

Portfolio highlights

• YuLife — Meet YuLife - the all-in-one platform for group insurance, employee benefits, wellbeing, engagement, and global rewards your people love and actually use.
• AUDIOGEN — Generate your sounds with AI. Create an infinite world of sounds - sound effects, samples, and music, instantly. Get Started Free.
• LabGenius — Finding the next generation of drugs with machine learning, synthetic biology and laboratory automation

Portfolio highlights

• Valcre — 178 characters Valcre is the essential solution for commercial real estate appraisers. Offering complete job management, comps database and report writing tools, Valcre makes appraising easier.
• OasisX —
• Stake — Renters earn Cash back for rent. Building operators outperform the market. That's the Stake win-win. Find out how we're building the financial tools for the next generation of rentals.

Portfolio highlights

• Genie — Genie is a provider of a Shopify inventory management solution for fast-growing merchants.
• Serve First — Serve First is an AI customer experience platform that turns real-time feedback into insights, helping drive smarter business decisions.
• Massive Dynamic — Specialized AI to orchestrate complex cross-channel advertising

Portfolio highlights

• XFA — XFA secures devices by verifying security status at login via browser extension and apps.
• Validfor — Validfor is an AI-Native agentic digital validation platform designed specifically to address compliance issues in the life sciences and pharmaceutical industries.
• Lynk — Lynk is a software development firm offering AI based contract development solutions for management.

Portfolio highlights

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

Portfolio highlights

• Tapaya — Tapaya is a fintech infrastructure company that provides payment acceptance software designed to turn any device into a payment terminal.
• PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
• WanderWallet —

Portfolio highlights

• Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
• CooliBlade — Superior power electronics cooling solutions for applications like solar and wind energy, energy storage, EV charging and telecommunications.
• Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.

Portfolio highlights

• Blackwood Seven — Blackwood Seven is a media analytics platform which strives to increase the effect of company’s media spend using our predictive analytics framework built on machine learning and artificial intelligence. Using real-time modelling and advanced KPI prediction we are able to increase a company’s media ROI by up to 15-25%.
• Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
• Aito Technologies — We are a world leader in Customer Experience Analytics for mobile operators. Aito provides better understanding and management the entire customer life cycle helping them identify key relationships and the context between business drivers, customer segments, networks, services, and devices, throughout the customer life cycle.

Portfolio highlights

• Nim — Generate videos with state-of-the-art models, templates, and inspiration feed. Text-to-image, image-to-video, restyle, lip sync, upscale, and more
• RedTrack.io — RedTrack.io offers real-time access to your media buying KPIs/data: ad tracking, impressions, clicks, conversions across multiple channels & 30 data points.
• HuLoop Automation, Inc. — HuLoop Automation offers an AI-powered, no-code, unified automation platform that helps clients drive transformation, and achieve revenue growth, cost savings, and productivity gains by automating mundane, repetitive activities.

Portfolio highlights

• Co-one — Co-one empowers businesses to unlock the full potential of Generative AI. We provide data-driven solutions for LLM development, including evaluation and dataset generation.
• Crowdsol — Crowdsol is an event platform that provides smart engagements across all kinds of gatherings by event planners for event planners. It serves as a virtual event venue and provides a strong, flawless infrastructure and user-friendly system for its users to start and run events by themselves easily. Crowdsol was founded in 2021.
• Mindsite — Mindsite provides e-commerce analytics. Easily monitor key metrics from price to visibility in real time. Increase your online sales.

Portfolio highlights

• PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
• CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
• Okazjum.pl — Okazjum.pl is a leading Polish site for local search and local promotion search. The company enables users to look for the best local sales online, search brochures of local retailers and find stores near them.

Portfolio highlights

• Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
• Fromfolio — Fromfolio offers an online platform for creating, managing, and sharing professional portfolios to showcase work, projects, and skills.
• TASS Vision — A startup company specializing in computer vision based on artificial intelligence and embedded technologies. The company develops and implements technologies such as recognition, detection, tracking and classification, which runs on small embedded computers. In other words: A company that is essentially your second eyes.The company was foundedin 2019.

Portfolio highlights

• ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
• Lifeyear — Digital-first heart care. At scale.
• Rollo Robotics — Rollo Robotics develops autonomous monowheel security robots using gyroscopic stabilisation technology.

Portfolio highlights

• Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
• Sonder — Sonder's employee care platform is the future of workforce health, medical, safety and wellbeing. One platform. All the support. Learn more.
• X-BOLT Orthapaedics — X-Bolt Trauma Solutions for osteoporotic bone fixation. FDA 510(k) approved. Clinical studies include the WHITE One (n=100) and WHITE Four (n=1,140) randomized control trials.

Portfolio highlights

• Kolay — Kolay is a SaaS platform that combines employee engagement with core HR needs. We are helping HR professionals to streamline their day to day tasks with an easy to use and smart platform.
• Twin Science & Robotics — AI literacy, combined with the safest tools, empowers your school to build real-world AI skills with confidence.
• Skymod Technology — Skymod is a technology company providing a platform that addresses the challenges businesses face in adopting AI by simplifying prompt engineering, ensuring data security, and offering integrated solutions within a unified platform, eliminating the need for extensive coding knowledge and streamlining workflows.

Portfolio highlights

• PackUpp — PackUpp is a new generation on-demand “Fast Delivery” technology company and we provide E-Commerce delivery solutions. We serve “Next-Day”, "Same-Day" and "3 Hours Express" deliveries to e-commerce companies. In addition to it, we form “Private Dedicated Field Delivery Teams” to companies as a special delivery team of brand. Wedigitalize all the delivery process by our unique software and technology.Focus on the job which you are best at! Rest, all your packages will be delivered by PackUpp, Fast Delivery Expert.
• Biftek — The future of meat starts here. We produce growth medium to make cultured meat affordable.
• Salty Enerji — Salty Enerji is a manufacturing company that designs energy storage infrastructure to enhance renewable power efficiency and distribution.

Portfolio highlights

• Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
• Secondmind — Helping automotive engineers design better cars, faster.
• Opensignal — Opensignal is the leading global provider of independent insights into network experience and market performance.

Portfolio highlights

• 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.

Portfolio highlights

• GoSats — Earn bitcoin rewards when you shop online at your favourite brands in India.
• Seasats — Seasats autonomous ocean vehicles provide remote monitoring and data collection for defense and commercial customers at a fraction of the cost, logistics, and risk compared to traditional methods.
• Lux Aeterna — Lux Aeterna is a space infrastructure company that focuses on orbital activities through reentry and reusability.

Portfolio highlights

• Nomagic — Nomagic provides robotic systems to automate repetitive pick-and-place tasks in warehouses with efficiency, flexibility and reliability.
• FlyFocus — FlyFocus specializes in the design and production of unmanned aerial vehicles for the civilian, military, and law enforcement markets. It provides product development and custom engineering services. They also offer mechanical CAD design, electronics, software, simulations, and aerodynamics optimization.
• Waldo — Waldo is an AI-powered strategy engine for agencies & brands. Get audience insights, industry trends, and competitive intelligence in one powerful platform.

Portfolio highlights

• Breeze — Cargo insurance reinvented.
• Vosbor — Vosbor is a grain and oilseed trading platform. Discover how we foster transparency in global agricultural commodity markets.
• Paddington Robotics — Paddington Robotics specializes in implementation of AI, robotics, software and hardware solutions in real life.

Portfolio highlights

• Veriff — Highly automated identity verification software from Veriff. We help you build trust and transparency online.
• Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive scale.
• VOI Technology — VOI is a micro-mobility startup that provides electric scooters for last-mile transportation. Douglas Stark, Filip Lindvall, and Fredrik Hjelm founded it in 2018. Its headquarters is located in Stockholm in Sweden.VOI Technology is aiming to create a system of electrically powered scooters around urban centers to provide an affordable,sustainable, and exhilarating way to commute while helping people to reduce their carbon footprint and cities to have a more sustainable transportation network.

Portfolio highlights

• Dockendo —
• Vestigit —
• Hypersonix Launch Systems — Hypersonix Launch Systems specializes in hypersonic technology and scramjet engines in the global market.

Portfolio highlights

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

Portfolio highlights

• xWatts — xWatts is an intelligent energy management software that reduces energy costs and emissions in commercial buildings.
• MNS —
• Orthofuse — Orthofuse is a medtech company that provides orthopaedic solutions using 3D-printed implant systems designed to improve the safety and efficiency of surgical procedures.

Portfolio highlights

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

Portfolio highlights

• Arcee.ai — Learn how Arcee helps you build your own LLMs in your own cloud.
• Healthy.io — Delivering home urinalysis and digitised wound care in minutes
• Mainstream Labs — Modular, end-to-end governance platform.

Portfolio highlights

• Rilian Technologies —
• Renaissant — Minimize moves, maximize efficiency. Improve processes from the gate to the dock, wherever you are in your digital transformation journey.
• Scout AI — Scout AI is building the robotic foundation model for defense.

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.
• Oplane — Oplane AB is a cybersecurity startup that develops an AI powered platform for automated threat modeling for software development teams.
• 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!

Portfolio highlights

• GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.

Portfolio highlights

• Speiz — Speiz is a platform that enables revenue generation and sales for companies through the renting of warehousing space.
• Vegvisir — Vegvisir offers a 360-degree situational awareness system using XR tech for manned vehicles in defense and security sectors.
• Solfeg.io — Have trouble with your students in music lessons? Are they not engaged in your curriculum? Solfeg.io app will help you solve this problem. Our app for music teachers can increase students engagement by up to 90%. Learn how and try out our software for FREE here!