250+ investors that invest in your industry and stage
Get 250+ investors tailored to your startup
  • Invest in your industry and stage
  • Emails & contact info included
  • Excel and CSV export
  • Automatically
Trusted by 3,000+ startups

Top 50 Impact VC (Venture Capital) Funds in Estonia in September 2025

A list of 50 VC (Venture Capital) funds that invest in Impact startups based in Estonia. We rank investors based on the number of investments they made in Impact companies from Estonia. We update this investor list every month.

Top 50 Impact VC (Venture Capital) Funds in Estonia in September 2025

Investor Impact Estonia investments
Lemonade Stand 8
Superangel 6
Specialist VC 4
Vestman Energia 4
Prototron 3
Spring Capital 3
Thorgate Ventures 3
Contrarian Ventures 3
Expansion Capital 3
Iron Wolf Capital 2
Change Ventures 2
SpeedUp Venture Capital Group 2
Sunly 2
Funderbeam 2
The Spartan Group 2
Future Ventures 2
Trind Ventures 2
Norrsken VC 2
Icebreaker.vc 2
EstBAN 2
Little Green Fund 2
Angel Effect 2
Eigenkapital 2
TMT Investments 1
Helmes 1
Grid.vc 1
Atomico's Angel Programme 1
Polkastarter 1
LIFT99 1
Kaamos 1
Ministry of Economic Affairs and Communications for Estonia 1
Yolo Investments 1
Big Brain Holdings 1
Estonian venture capital 1
Jsquare 1
ZGI Capital 1
Tallinn University of Technology (TalTech) 1
Block54 1
Sie Ventures 1
BayWa r.e. Energy Ventures 1
Hartmann Capital 1
Koray Bahar 1
UP Invest 1
Greenco Ventures 1
Combiwood Grupp 1
Oddiyana Ventures 1
Swedbank 1
Orange DAO 1
Crypto3 Capital 1
Pontos Group 1
Find investors that fund startups like yours. Automatically.
Our algorithm will find investors that invest in your industry, stage, and geography.
Investor list
Lemonade Stand VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in the past 12 months
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.
Show more
Investment focus
  • Software, Artificial Intelligence, FinTech
  • Seed, Pre-Seed, Funding Round
  • Estonia, Lithuania, India
Portfolio highlights
  • Esgrid — One platform to onboard, evaluate and engage suppliers. Remove the countless hours spent on individual forms and spreadsheets by automating supplier evaluation with Esgrid, from onboarding to managing supply chain sustainability.
  • 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.
Superangel VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in the past 12 months
Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io
Show more
Investment focus
  • Artificial Intelligence, Software, Information Technology
  • Seed, Pre-Seed, Series A
  • Estonia, United States, Finland
Portfolio highlights
  • Project Q — Empower Our Sovereign Futures
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
  • Labrys Technologies — Visualise & Coordinate Your People. Securely. Anywhere. In Real-Time.
Specialist VC VC Fund · Tallinn, Harjumaa, Estonia · 10 investments in the past 12 months
United Angels VC is an early stage venture capital fund based in Estonia.
Show more
Investment focus
  • Information Technology, Software, Artificial Intelligence
  • Seed, Pre-Seed, Funding Round
  • Estonia, United Kingdom, Finland
Portfolio highlights
  • 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.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
  • Better Medicine — Utilising AI to transform cancer diagnostics and radiology workflows for improved efficiency and patient outcomes.
Vestman Energia VC Fund · Viljandi, Viljandimaa, Estonia
Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.
Show more
Investment focus
  • Water, Software, CleanTech
  • Pre-Seed, Seed, Funding Round
  • Estonia
Portfolio highlights
  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
  • 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.
Prototron VC Fund · Tallinn, Harjumaa, Estonia
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.
Show more
Investment focus
  • Software, Manufacturing, Internet of Things
  • Pre-Seed, Grant, Seed
  • Estonia, Finland, Germany
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.
Spring Capital VC Fund · Tallinn, Harjumaa, Estonia
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.
Show more
Investment focus
  • Software, E-Commerce, SaaS
  • Seed, Pre-Seed, Series A
  • Estonia, Finland, United States
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.
Thorgate Ventures VC Fund · Tallinn, Harjumaa, Estonia
We invest both capital and our know-how into startups. Join us and let's change the world
Show more
Investment focus
  • Software, SaaS, FinTech
  • Seed, Pre-Seed, Series A
  • Estonia, United Kingdom, Norway
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.
Contrarian Ventures VC Fund · Vilnius, Vilniaus Apskritis, Lithuania
We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel
Show more
Investment focus
  • Software, Renewable Energy, Information Technology
  • Seed, Series A, Pre-Seed
  • Lithuania, United Kingdom, France
Portfolio highlights
  • Beebop — Beebop is a software designed for power grid orchestration. Beebop's orchestration middleware enables utilities, grid operators, manufacturers, and VPP technology leaders to manage residential asset fleets, enhancing value delivery to end-customers.
  • Metafuels — Our breakthrough sustainable aviation fuel (SAF) technology, aerobrew™, will make affordable net-zero aviation a reality. The technology is innovative, highly scaleable and able to tap into future global renewable energy systems efficiently. Starting from renewable feedstocks including green hydrogen, driven by renewable electricity, andsustainably sourced CO2, for example from direct air capture, aerobrew™ provides an efficient route to large-scale production of e-kerosene, overcoming the scale up challenges and high costs of alternative e-fuels technologies. aerobrew™ is also compatible with the biogenic route whereby the carbon required for the process is derived from renewable and sustainable cellulosic biomass which, does not compete with the food chain (wood, miscanthus, etc.). With a high carbon conversion, high selectivity and a high overall SAF yield, aerobrew™ leads to attractive production economics and cost leadership. With a rapidly growing demand for SAF, aerobrew™ stands to contribute significantly to the decarbonisation of global aviation and to support the achievement of net zero 2050 targets.
  • altrove AI — Altrove - Sustainable Alternatives to Critical Materials
Expansion Capital VC Fund · Riga, Riga, Latvia
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.
Show more
Investment focus
  • Manufacturing, Food and Beverage, Logistics
  • Seed, Funding Round, Debt Financing
  • Latvia, United States, Norway
Portfolio highlights
  • Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
  • Yieldstreet — Yieldstreet 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
Iron Wolf Capital VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in the past 12 months
We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.
Show more
Investment focus
  • Software, Infrastructure, Manufacturing
  • Seed, Pre-Seed, Series A
  • Lithuania, Estonia, United Kingdom
Portfolio highlights
  • Repsense — Reputation management software - Repsense is AI powered online reputation management service that helps you track your reputation.
  • 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.
  • 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.
Change Ventures VC Fund · Tallinn, Harjumaa, Estonia · 6 investments in the past 12 months
We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.
Show more
Investment focus
  • Software, Information Technology, Apps
  • Seed, Pre-Seed, Series A
  • Estonia, Latvia, Lithuania
Portfolio highlights
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • ENGYcell — ENGYcell provides personalized energy storage solutions to reduce energy costs, gain energy independence, and participate in the energy market.
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
SpeedUp Venture Capital Group VC Fund · Poznan, Wielkopolskie, Poland
We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon.We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.
Show more
Investment focus
  • Software, SaaS, Artificial Intelligence
  • Seed, Pre-Seed, Series A
  • Poland, United States, Czech Republic
Portfolio highlights
  • PARTORY — PARTORY simplifies sourcing custom metal parts with 8,000+ machines across Europe. Manage orders and inquiries easily in our app.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Patron GO — Patron GO is a fintech firm that uses AI to detect unnecessarily high costs on a customer's bank account and offers the best solutions.
Sunly VC Fund · Tallinn, Harjumaa, Estonia
Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup.
Show more
Investment focus
  • Solar, CleanTech, Rental
  • Seed, Pre-Seed, Funding Round
  • Estonia, France, Finland
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.
Funderbeam VC Fund · London, England, United Kingdom
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.
Show more
Investment focus
  • Apps, FinTech, Software
  • Seed, Pre-Seed, Equity Crowdfunding
  • Estonia, United Kingdom
Portfolio highlights
  • Pynk — Pynk is the Multi-Award Winning London Fintech that rewards you for making predictions on assets like Gold, NASDAQ and Bitcoin. Free sign up, start today!
  • FleetFox — UpSteam is building the future of car care via disrupting both the user experience, and the business side of car the car care industry. With UpSteam you can get a car wash delivered to your doorstep. It works pretty much like ordering a food delivery from Bolt/Uber. While you’re having a business meeting, our operator cleans your carinside-and-out, right at your parking spot. Also, we’re helping our business users save time on fleet management via offering various car care services such as refueling trips, damage control, car relocating, etc.As of August 2021, we've serviced more than 40K cars in 3 countries. UpSteam is combining the key-strengths of its traditional competitors, as users get the comfort of a self-service wash, the quality of a stationary hand wash, at the price-point of an automatic car wash. UpSteam was founded in 2017 and is headquartered in Tallinn, Estonia.
The Spartan Group VC Fund · Singapore, Central Region, Singapore · 29 investments in the past 12 months
We advise, invest and build with the best entrepreneurs in Web3.
Show more
Investment focus
  • Blockchain, Cryptocurrency, Financial Services
  • Seed, Series A, Funding Round
  • United States, Singapore, United Kingdom
Portfolio highlights
  • OpenLayer — OpenLayer increases web3 with positive verifiable computation.
  • B² Network — B² Network is a Bitcoin Layer 2 network that utilizes ZK rollup and on-chain logical gate commitment verification mechanisms. It is a supplementary network that runs on top of the Bitcoin Network. It also introduces smart contracts to Bitcoin, which could open up new possibilities for DeFi, NFTs, and derivatives.
  • Alliance Games — Next level Web3 Gaming Infrastructure, Now Fully Decentralized
Future Ventures VC Fund · San Francisco, California, United States · 9 investments in the past 12 months
Future Ventures is a financial services platform with a focus on disruptive technology companies such as commercial space exploration, deep learning, quantum computing, robotics, AI, blockchain, sustainable transportation, synthetic biology and clean meat.As venture capitalists, the founders of Future Ventures have led founding investments inseveral companies that had successful IPOs and others that were acquired for over $16 billion in aggregate. Some of our early VC investments include Memphis Meats, Mythic, Nervana, Planet, Rethink Robotics, Skype, SpaceX, Tesla and Zoox. Current board seats include SpaceX, Tesla, and D-Wave.
Show more
Investment focus
  • Biotechnology, Software, Medical
  • Series A, Seed, Series B
  • United States, China, Canada
Portfolio highlights
  • Gameto — Gameto is a new breed of biotechnology company in female reproductive longevity
  • Centivax — Centivax is a healthcare-based agency that provides biotechnology, pharmaceutical, medical device manufacturing, and therapeutic services.
  • Commonwealth Fusion Systems — The fastest path to clean, limitless fusion energy.
Trind Ventures VC Fund · Tallinn, Harjumaa, Estonia
Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.
Show more
Investment focus
  • Software, Information Technology, Marketplace
  • Seed, Series A, Funding Round
  • Estonia, Finland, Sweden
Portfolio highlights
  • Webel — Webel is an on demand Home Services Marketplace (cleaning, nannies, tutors...) where clients can search, book, compare, pay and review these services. Thanks to a deep analysis of the current methods for hiring these services and the competition outlook, we have created a unique and revolutionary business model that will outperform the market.
  • Jobilla — Reach and activate your target group with a powerful recruitment solution. Increase the amount of applications and get 7X more qualified candidates.
  • Bahn Express — Fast and Effortless Car Transport
Norrsken VC VC Fund · Stockholm, Stockholms Lan, Sweden · 11 investments in the past 12 months
We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.
Show more
Investment focus
  • Software, Food and Beverage, Health Care
  • Seed, Series A, Funding Round
  • Sweden, Germany, United Kingdom
Portfolio highlights
  • trawa — The partner for renewable and affordable electricity for businesses. Get electricity directly from solar and windparks with corporate PPAs.
  • Sunsave — Save money on your bills and gain energy independence with Sunsave solar panel and battery solutions. Get a free quote today.
  • Beans — Beans is on a mission to help the planet by reducing food waste, saving products, and offering them through an online grocery platform at discounted prices.
Icebreaker.vc VC Fund · Helsinki, Southern Finland, Finland · 7 investments in the past 12 months
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.
Show more
Investment focus
  • Software, Information Technology, Artificial Intelligence
  • Pre-Seed, Seed, Series A
  • Finland, Estonia, Sweden
Portfolio highlights
  • Aibidia — Discover the Aibidia TXM Platform and our digital transfer pricing applications, eliminating billions of euros in tax inefficiencies and risks.
  • 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!
  • Crewpoint — Crewpoint specially designed tools that are adapted to the intricacies of maritime logistics our platform streamlines crew movements. We assist operations teams in providing seamless, effective staff changes worldwide, from bulk reservations and last-minute reroutes to round-the-clock assistance and real-time travel statistics.
EstBAN VC Fund · Tallinn, Harjumaa, Estonia
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
Show more
Investment focus
  • Software, Information Technology, Manufacturing
  • Seed, Pre-Seed, Angel
  • Estonia, Latvia, Lithuania
Portfolio highlights
  • Esgrid — One platform to onboard, evaluate and engage suppliers. Remove the countless hours spent on individual forms and spreadsheets by automating supplier evaluation with Esgrid, from onboarding to managing supply chain sustainability.
  • Cuploop — Using RFID technology, our Smart Kiosk offers efficiency & security. Going circular has never been so easy.
  • 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.
Little Green Fund VC Fund · Tallinn, Harjumaa, Estonia
Little Green Fund invests in companies that are good for the Earth, with teams that can get big things done.
Show more
Investment focus
  • CleanTech, GreenTech, Manufacturing
  • Pre-Seed
  • Estonia
Portfolio highlights
  • Esgrid — One platform to onboard, evaluate and engage suppliers. Remove the countless hours spent on individual forms and spreadsheets by automating supplier evaluation with Esgrid, from onboarding to managing supply chain sustainability.
  • UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
  • 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.
Angel Effect VC Fund · Kurucesme, Istanbul, Turkey
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.
Show more
Investment focus
  • Software, E-Commerce, Internet
  • Seed, Funding Round, Pre-Seed
  • Turkey, United States, United Kingdom
Portfolio highlights
  • ULive — ULive is a digital fitness platform. With ULive, users can develop physically, mentally and spiritually. Indoor Cycling using UBikes, Yoga, Pilates, Stretch, Dance and bUUt (functional body training) classes, which they can attend live every day and whenever they want, using mobile application.
  • & New Me — Explore the best aesthetic treatments in Turkey with New Me. Book a consultation, read reviews, and find the right doctor for your beauty journey.
  • Njoykidz — njoyKidz was founded in 2021 with the simple idea of creating ad-free and safe game platforms for the kids while they learn. We develop game
Eigenkapital VC Fund · Curitiba, Parana, Brazil
Eigenkapital is an investment firm.
Show more
Investment focus
  • Water, Recycling, Water Purification
  • Funding Round
  • Estonia
Portfolio highlights
  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
TMT Investments VC Fund · St. Helier, NA - Jersey, Jersey
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.
Show more
Investment focus
  • Software, SaaS, Social Media
  • Seed, Series A, Funding Round
  • United States, United Kingdom, Estonia
Portfolio highlights
  • Enty — All-in-one subscription for Invoicing, Contracts, Finances, and Pre-accounting of your European company
  • Global Work — We help freelancers find remote jobs and gigs faster with AI. Unlock the latest job search strategies with our AI-powered platform.
  • Mobilo Card — Share your contact details with a tap. The best digital business card for teams. This is a real business card, no app. The best and cheapest digital business card.
Helmes VC Fund · Tallinn, Harjumaa, Estonia
We build software to build your businessHelmes is an international software house headquartered in Tallinn, with clients across all of Europe. The long-term success of Helmes is built on lasting partnerships that bring about tangible business gains for our clients.Helmes is best known for building business critical software solutions and itsrange of services are used around the world by corporations such as 2Park Technologies, Telia, Solera Inc, Kühne+Nagel, DNB, OECD and International Energy Agency.Helmes has also developed many government provided e-services, for instance the elections info system and the e-prescription[3] system, the latter being the recipient of various quality and innovation awards.Helmes was established in 1991 and to date the company employs a workforce of over 250 people. The founder and current CEO is Jaan Pillesaar, who is also CEO of the Estonia Service Industry Association.
Show more
Investment focus
  • Power Grid, Building Material, Natural Resources
  • Series A
  • Estonia
Portfolio highlights
  • Roofit.solar — Our award-winning integrated solar roof combines Nordic design with premium materials and highly efficient solar technology.
Grid.vc VC Fund · Helsinki, Southern Finland, Finland
Grid.vc is the first investor in superb teams disrupting the energy business.
Show more
Investment focus
  • Energy, Renewable Energy, SaaS
  • Seed, Pre-Seed, Funding Round
  • Finland, Estonia
Portfolio highlights
  • Bioreactor — Bioreactor is a revolutionary technology that converts bio waste into clean energy through biomass gasification. It's a sustainable, efficient and cost-effective solution that addresses energy poverty, energy security and climate change. With the use of the latest technology in computational fluid dynamics, cloud-optimized digital twin anddeep learning algorithms, the Bioreactor can optimize its performance in real-time over a wide range of fuels and operating conditions. The Bioreactor is a game changer in the energy industry, it can reduce greenhouse gas emissions, drastically lower energy costs, and help to alleviate energy poverty on a national scale.
  • Safegrid — Smarter sensors for a smarter grid
  • Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
Atomico's Angel Programme VC Fund
investment firm
Show more
Investment focus
  • Software, B2B, Health Care
  • Pre-Seed, Seed, Angel
  • Estonia, Germany, Norway
Portfolio highlights
  • Improvin' — Improvin' is a sustainability performance platform that helps agri-food companies measure, report and reduce greenhouse gas emissions in their own value chain.
  • Tradesnest — Tradesnest is an AI powered B2B SaaS-Marketplace that revolutionises the B2B industry by removing the barriers for brands looking for distributors and retailers to enter new markets. With Tradesnest, getting your innovations on retailers’ shelves in new markets around the world has never been this easy!
  • Every Health — Every Health focuses on "holistic, needs-based medical care for the LGBTQIA+ community".
Polkastarter VC Fund · Lisbon, Lisboa, Portugal · 2 investments in the past 12 months
Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized, permissionless and interoperable environment based on Polkadot.
Show more
Investment focus
  • Gaming, Blockchain, Video Games
  • Seed, Funding Round, Pre-Seed
  • India, Vietnam, United States
Portfolio highlights
  • Cookie3 — Cookie3 utilizes off- and on-chain analytics and an AI data layer to determine quality users who bring value on-chain and reward them for their contribution. It's a three-platform hub for businesses, creators, and users with a unique value offering for all.
  • Aether Games — Aether Games are the creative talent behind both of the widely expected NFT-based game titles: Gates of Ethernity and Cards of Ethernity. In addition, the studio's creative efforts are up to be represented by the CGI mini-series "Aether" and many more.
  • Glacier Network — Glacier Network is building a programmable, modular, scalable blockchain for storing, indexing, and querying data from off-chains and on-chains, supercharging AI, DePIN and large-scale DApps. Glacier empowers verifiable computing through GlacierAI, GlacierDA, and GlacierDB.
LIFT99 VC Fund · Tallinn, Harjumaa, Estonia
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.
Show more
Investment focus
  • Software, Information Technology, Legal
  • Pre-Seed, Seed, Series A
  • Estonia, United Kingdom, El Salvador
Portfolio highlights
  • Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
  • AXDRAFT — AXDRAFT offers on-demand automation of legal processes for enterprise customers, helping them to draft legal documents 10 times faster and avoid mistake. The biggest advantage of AXDRAFT is the ability to roll-out tailored automation for the customer in one week at no cost to the customer. AXDRAFT works with companies, like Carlsberg, BritishAmerican Tobacco, OLX and many other international brands.
  • Legal Nodes — Offload your legal tasks to a virtual legal department and get on with running your business. Get started with the Legal Nodes platform for free.
Kaamos VC Fund · Tallinn, Harjumaa, Estonia
Kaamos is an investment management firm that invests in the construction, real estate, energy sector, and wood industry.
Show more
Investment focus
  • Manufacturing, Battery, CleanTech
  • Pre-Seed, Funding Round
  • Estonia
Portfolio highlights
  • VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
Ministry of Economic Affairs and Communications for Estonia VC Fund · Tallinn, Harjumaa, Estonia
The Ministry of Economic Affairs and Communications intends to promote Estonian enterprises' efficiency and people's prosperity.It also encourages entrepreneurship to have a justifiable price for the efficient transport system, a developing information society, and environmentally friendly energy supply.It was headquartered inTallinn, Harjumaa.
Show more
Investment focus
  • CleanTech, GreenTech, Manufacturing
  • Pre-Seed
  • Estonia
Portfolio highlights
  • 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.
Yolo Investments VC Fund · Tallin, Harjumaa, Estonia · 5 investments in the past 12 months
Yolo Investments is focusing on late seed & series A stage investments in igaming, fintech and crypto.
Show more
Investment focus
  • Cryptocurrency, FinTech, Sports
  • Seed, Series A, Funding Round
  • United States, Australia, Estonia
Portfolio highlights
  • Coverd, Inc. — Finances made easy
  • Bitblox Games — Offer innovative and engaging blockchain-based games on your platform and attract a new wave of players with Bitblox.
  • Mesh — Mesh enables safer, easier crypto transfers and payments from 300+ leading exchanges and wallets, all without leaving your platform
Big Brain Holdings VC Fund · Weston, Florida, United States · 21 investments in the past 12 months
Big Brain Holdings is Focused on Investing in Solana projects that have strong potential.
Show more
Investment focus
  • Blockchain, Cryptocurrency, Gaming
  • Seed, Pre-Seed, Funding Round
  • United States, Singapore, United Kingdom
Portfolio highlights
  • Upexi — Upexi is a multi-faceted brand owner that focuses on direct-to-consumer and Amazon brands. The company pursues organic growth for its present brands while operating in sectors with high growth trends. The objective of Upexi is to keep gathering consumer information and develop a sizable client database across all markets we serve.
  • Reflect money — Reflect enables the issuance and redemption of decentralized strategy-backed stablecoins on SVM-based networks.
  • Mill City Venture III — Building the world's leading Sui treasury.
Estonian venture capital VC Fund · Tallinn, Harjumaa, Estonia
Estonian venture capital provides support to entrepreneurs, fund managers, institutional investors.
Show more
Investment focus
  • Energy, CleanTech, Automotive
  • Series A
  • Estonia
Portfolio highlights
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
Jsquare VC Fund · 4 investments in the past 12 months
Jsquare is a crypto investment and advisory company, aiming to be the top-tier investment institution in the blockchain industry.
Show more
Investment focus
  • Blockchain, Cryptocurrency, FinTech
  • Seed, Series A, Funding Round
  • Estonia, United States, Canada
Portfolio highlights
  • Shardeum — Shardeum is an EVM-based, linearly scalable smart contract platform that maintains low gas fees while providing true decentralization and solid security
  • Earn Network — Discover a decentralized platform that unlocks the world of DeFi earnings through easy, automated, and audited blockchain processes. Empower your earning potential with just a few clicks
  • Root Protocol — Root is building an operating system with the composition of an intent-centric aggregator of digital identity, virtual accounts, social graphs, and more to enable unified access to Web3.
ZGI Capital VC Fund · Riga, Riga, Latvia
ZGI Capital is the fund management company that manages "ZGI fund”, that was founded to support entrepreneurs lacking start-up capital for their business. The total amount of assets available for venture capital investments is of EUR 7.4M. Combined with bank financing, this will allow to finance investment projects with total assets of up toEUR 30M. The fund acts on behalf of various investors including the State.
Show more
Investment focus
  • Manufacturing, Machinery Manufacturing, Consulting
  • Funding Round, Seed, Debt Financing
  • Latvia, Estonia
Portfolio highlights
  • eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
  • KOOL Latvija — "KOOL Latvija" is a new concept gas station created in Latvia, which at the same time is also a convenient fast shopping place.
  • Bioreactors.net — Biotechnical center is an innovative company and we provide solutions for industrial biotechnology processes, bioreactor manufacturing and industrial automation. We manufacture bioreactors for laboratory, pilot and industrial scale.
Tallinn University of Technology (TalTech) VC Fund · Tallinn, Harjumaa, Estonia
Tallinn University of Technology is a technological university that offers engineering, business, and public administration programs.
Show more
Investment focus
  • CleanTech, GreenTech, Manufacturing
  • Pre-Seed
  • Estonia
Portfolio highlights
  • 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.
Block54 VC Fund · Warsaw, Mazowieckie, Poland
A web3 investment fund. Created by deep believers that magic happens when human ingenuity meets power of software. We invest in ambitious projects looking to make history.
Show more
Investment focus
  • Analytics, Blockchain, Ad Targeting
  • Seed
  • Estonia
Portfolio highlights
  • Cookie3 — Conversations, clicks, conversions. Every interaction and transaction, all in one platform. Track it all. From yaps to swaps, know what is driving results, which KOLs are pulling their weight, and activate your community. Data-driven insights, every step of the way.
Sie Ventures VC Fund
SIE
Show more
Investment focus
  • CRM, SaaS, Mobile
  • Seed, Pre-Seed, Series B
  • United Kingdom, Spain, Estonia
Portfolio highlights
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • Your Juno — Join the Your Juno community and take control of your financial wellness. Download our free app and start planning for financial success today.
  • Fifth Dimension AI — Boost your productivity with our AI Assistant for property professionals. Supercharge your real estate teams across investment, asset management, research, and marketing.
BayWa r.e. Energy Ventures VC Fund · Munich, Bayern, Germany
BayWa r.e. Energy Ventures is a Munich based venture capital firm looking for early stage investment opportunities in the energy market all over Europe and Israel.They focus on scalable business models in the areas of digital energy solutions, storage and e-mobility. They believe the key to success is ensuring great chemistry and collaborationbetween the founders, management team and investors.As the venture capital unit of the BayWa r.e. Holding, they combine corporate stability and a deep understanding of the energy market with the entrepreneurial experience and mindset within their dedicated team.
Show more
Investment focus
  • SaaS, Energy, Renewable Energy
  • Series B, Seed, Series A
  • Germany, Israel, Sweden
Portfolio highlights
  • Pexapark — Pexapark provides software and advisory services for post-subsidy renewable energy sales and risk management.We make PPA transactions happen. -- Our advisory team has supported more than 60 PPA transactions, with a volume of over 10 GW. We manage transactions, support negotiations, source offtakers and advise M&A. We empower you to masterrenewable energy risks. -- We distil 20+ years of energy trading knowledge into user-friendly software tools that build capabilities and give you mastery over renewable energy risks.We connect and educate renewables professionals. -- With our community platform “LinkedIn for renewable energy professionals” we connect key players in the renewable energy market to accelerate the transition to a sustainable, renewable energy future.For more information please visit www.pexapark.com, or get in touch with us at togetherbetter@pexapark.com.
  • Roofit.solar — Our award-winning integrated solar roof combines Nordic design with premium materials and highly efficient solar technology.
  • Circadian Technologies GmbH — Circadian Technologies accelerates the energy transition in frontier markets with a SaaS business model, empowering solar developers & energy service companies to reduce operating costs and grow revenue with a data driven platform and proprietary IoT hardware.Circadian transforms the entire value chain of its customers by uniquely providingan end-to-end solution to better design, finance, operate and maintain decentralized renewable energy systems for commercial & industrial sites.
Hartmann Capital VC Fund · Boca Raton, Florida, United States · 8 investments in the past 12 months
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.
Show more
Investment focus
  • Virtual Reality, Software, Video Games
  • Seed, Pre-Seed, Series A
  • United States, Canada, Norway
Portfolio highlights
  • Sloyd — 3D modeling has never been easier. Select a generator, tweak it, done. Generate with realtime in the Sloyd Webapp or SDK.
  • Ludus AI — Ludus AI is a technology company introducing a next-generation solution for the 3D game and visualization industry. The startup, founded by Piotr Penar, former CEO of DreamStorm Studios, aims to facilitate the creation of high-quality content in Unreal Engine by using artificial intelligence.Unreal Engine, although recognized as the best tool forcreating 3D experiences, presents significant challenges for creators. Complicated documentation and complex processes often lead to extended production times and increased costs. Ludus AI was created in response to these problems, resulting from the founder's direct experience in managing a 60-person team of developers during a 9-year journey through the gaming industry and working on projects for Microsoft, Google and UPS.We've created a comprehensive set of tools that significantly speed up work in Unreal Engine, offering users not only the basic capabilities offered by AI technology, such as project and blueprint analysis, but also the innovative ability to automatically create objects in virtual space based solely on a description.Ludus AI solutions are used in many industries. Game studios can significantly accelerate the development process of projects, architectural firms gain the ability to quickly create interactive visualizations, and the training and simulation sector can more effectively create advanced training environments. The technology also works in the automotive industry in the design of user interfaces and in film production in the creation of virtual film sets.We're building tools that we needed ourselves when running a game studio. The reality is that many teams can't afford to hire senior Unreal developers, yet they need to deliver high-quality projects. Our tools bridge that gap, making professional-grade development accessible to teams of any size.The company, which recently released the first version of its solution, is already attracting the attention of the industry, has over 5,000 users and plans further expansion into international markets. We secured our first investors with 1,000,000 PLN in funding, including Hartmann Capital and one private-equity investor. We also joined the EU’s top Concordia Design Accelerator. In the coming months, Ludus AI will focus on the stability of its product, adding more features to its assortment and developing its most frequently used and most effective tool, which is the creation of 3D objects by description.
  • Squido Studio — No More Rainbows is a first person VR platformer with unique locomotion inspired by classic titles such as Super Meat Boy and Super Mario. The studio behind No More Rainbows is Montreal based Squido Studio, a studio that focuses on core mechanics and gameplay before all else.
Koray Bahar VC Fund
Investor
Show more
Investment focus
  • Marketing, E-Commerce, Peer to Peer
  • Seed
  • Estonia
Portfolio highlights
  • Glocalzone — Glocalzone is a platform that connects shoppers who want to buy products from abroad and travelers who want to make a profit.
UP Invest VC Fund · Laagri, Harjumaa, Estonia
UP Invest company focusing on investments in health care, media, consumer brands real estate and cleantech venture capital.
Show more
Investment focus
  • Energy, CleanTech, Automotive
  • Series A
  • Estonia
Portfolio highlights
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
Greenco Ventures VC Fund
Greenco Ventures is an investment firm.
Show more
Investment focus
  • Renewable Energy, Environmental Engineering
  • Pre-Seed
  • Estonia
Portfolio highlights
  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
Combiwood Grupp VC Fund
Explore Combiwood Group, an Estonian network of woodworking companies. We provide sustainable timber products, from raw materials to finished goods, for global markets.
Show more
Investment focus
  • Forestry, GreenTech, Environmental Consulting
  • Seed
  • Estonia
Portfolio highlights
  • Ecobase — EUROPE'S LARGEST AFFORESTATION AND REFORESTATION PROJECT DEVELOPER
Oddiyana Ventures VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 7 investments in the past 12 months
Oddiyana Ventures is an investing firm focused on funding the innovation in the decentralization movement, Defi, NFT and web3 application, that are building game changing business models in the crypto space.
Show more
Investment focus
  • Gaming, Blockchain, Bitcoin
  • Seed, Funding Round
  • United States, Estonia, Spain
Portfolio highlights
  • MemeFi — MemeFi is a blending of social technology with Web3 features on-chain Social Tech app might be focusing on integrating blockchain technology with social interactions, which could offer benefits like decentralization and enhanced privacy.
  • Cookie3 — Cookie3 utilizes off- and on-chain analytics and an AI data layer to determine quality users who bring value on-chain and reward them for their contribution. It's a three-platform hub for businesses, creators, and users with a unique value offering for all.
  • RunesFi — RunesFi is a one-stop DeFi platform that provides an easy-to-use, secure, and efficient trading experience.
Swedbank VC Fund · Vilnius, Vilniaus Apskritis, Lithuania
Swedbank AB (formerly Föreningssparbanken) is a Nordic-Baltic banking group offering retail banking, asset management, financial, and other services.Swedbank is a modern bank firmly rooted in Swedish savings bank history.
Show more
Investment focus
  • Banking, Real Estate, FinTech
  • Funding Round, Post-IPO Debt, Debt Financing
  • Sweden, Latvia, Finland
Portfolio highlights
  • Helen — Helen sell electricity to about 450,000 customers and heat more than 90 percent of Helsinki's properties with district heating.
  • eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
  • Inbank AS — Inbank is a consumer finance-focused digital bank with an EU credit institution license, active in seven countries.
Orange DAO VC Fund
Orange DAO
Show more
Investment focus
  • Cryptocurrency, Blockchain, Software
  • Seed, Pre-Seed, Series A
  • United States, Estonia, Philippines
Portfolio highlights
  • ZKX — ZKX is a permissionless protocol for derivatives built on StarkNet.
  • Cookie3 — Conversations, clicks, conversions. Every interaction and transaction, all in one platform. Track it all. From yaps to swaps, know what is driving results, which KOLs are pulling their weight, and activate your community. Data-driven insights, every step of the way.
  • ILUMA — ILUMA is building the autonomous solution to onboard, manage, engage and support the next 1M DAO communities in web3.
Crypto3 Capital VC Fund · Grand Cayman, Midland, Cayman Islands
Damo Labs is a blockchain venture capital institution focusing on value investment
Show more
Investment focus
  • Blockchain, Financial Services, Cryptocurrency
  • Seed, Funding Round, Corporate Round
  • Estonia, India, Singapore
Portfolio highlights
  • Cookie3 — Cookie3 utilizes off- and on-chain analytics and an AI data layer to determine quality users who bring value on-chain and reward them for their contribution. It's a three-platform hub for businesses, creators, and users with a unique value offering for all.
  • Deliq Finance — Deliq Finance is a decentralized liquidity provisioning protocol that provides outsourcing services for the Avalanche ecosystem.
  • Swell — Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A community-driven and open-source protocol backed by the industry’s leading funds and angels.
Pontos Group VC Fund · Helsinki, Southern Finland, Finland
Pontos is a family owned Finnish private equity and real estate investment company operating in Finland, the Baltic States, and Portugal.
Show more
Investment focus
  • Genetics, Hospital, Automotive
  • Funding Round
  • Finland
Portfolio highlights
  • R8tech — R8 Jenny is AI HVAC technology for commercial real estate. It helps you achieve ESG goals while saving up to 30% in energy costs!
  • Valmet Automotive — Valmet Automotive, a Uusikaupunki, Finland-based electric vehicle developer and manufacturer. Valmet Automotive provides engineering, manufacturing and business services for the automotive industry. In 2009, the company generated net sales of €56m and employed some 800 people. It manufactures Porsche Cayman sports cars, electric Garia golf carsand THINK City urban cars in Uusikaupunki, Finland. Cuca
  • Blueprint Genetics — We offer complete genetic testing and genetic diagnostics to medical professionals worldwide. Learn more about our winning clinical-grade NGS offering!
Investors by industry
Investors by country
VC (Venture Capital) Funds in Estonia by industry