# Top 50 Internet VC (Venture Capital) Funds in Estonia in June 2026

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 12
- 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: 7
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Artificial Intelligence

Tera Ventures is an international investment firm based in Estonia.

## Specialist VC
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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

## Lemonade Stand
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- 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.

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- 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

## 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.

## 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.

## 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.

## Prototron
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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.

## 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.

## Hive Hatch
- Type: VC Fund
- Location: Greenwich, Connecticut, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series B
- Focus: Software, SaaS, Retail

Hive Hatch, a venture capital firm and studio, invests financial, human, and social capital in early stage founders to help them validate, build, and launch their SaaS startups.

## Global Founders Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, FinTech

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

## BADideas.fund
- Type: VC Fund
- Relevant deals: 2
- 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.

## Ambient Sound Investments
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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.

## LIFT99
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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.

## ZAKA VC
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 2
- 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.

## TMT Investments
- Type: VC Fund
- Location: St. Helier, NA - Jersey, Jersey
- Relevant deals: 2
- 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.

## Change Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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.

## Insta Ventures
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, Advertising

Insta Ventures is a venture capital firm that has been investing in different IT technology sectors since 2019. Currently, we are looking for tech startups that are in the early stages of development of their products. Our investment team consists of experienced professionals with solid backgrounds in the IT sphere. Our goal is to help ambitiousteams create innovative products, spread them globally, and maintain fast-growing companies.Typically, we invest $100K-500K during a growing stage of a company's lifecycle (seed / late seed / pre-round A), and then help to develop its marketing and sales, as well as prepare the company for the next investment phase.We appreciate co-investments. Let's invest together!

## Angel Invest
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

Angel Invest is one of Europe's most active angel funds

## Greenfield
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Software, Information Technology

We are long-term backers of early developer teams building toward an open, decentralized and more robust architecture of tomorrow’s web.

## 13books Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: FinTech, Financial Services, Payments

Investors in tomorrow's financial technology. 13books find, fund and nurture the bold. Supporting the founders transforming tomorrow's financial services.

## Cryptomeria Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain, FinTech, Cryptocurrency

We help you to enter the Chinese crypto market. We invest in blockchain projects.

## SkyVision Capital
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Gaming, Cryptocurrency

SkyVision Capital (SVC) promotes new, open decentralized technology and its development. We are a Crypto Fund that is dedicated to incubating and investing in founders of tomorrow, today.

## Enterprise Estonia
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- 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.

## RubyLight
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- 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.

## Presto Ventures
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: SaaS, Software, Information Technology

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

## Vesna Capital
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed
- Focus: Mobile

Vesna Capital is a venture capital fund founded by successful entrepreneurs and innovators.

## Jdac
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed
- Focus: Cryptocurrency, Information Technology, Art

We are committed to supporting our portfolio companies at every stage of their journey and nurturing our global relationships.

## GSF
- Type: VC Fund
- Location: Gurgaon, Haryana, India
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Artificial Intelligence

GSF is a tech-focused early stage venture capital firm, providing the first cheque to founders from incubation to seed.

## Tiny Supercomputer Investment Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Nomad Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Apps, SaaS

Nomad Capital is a seed stage fund that invests in emerging companies that are developing marketplaces and B2B software.

## EBRD Venture Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series D
- Focus: Software, Open Source, Data Storage

EBRD VC is the venture investing arm of the European Bank for Reconstruction and Development, investing in high growth technology companies across all verticals

## Everywhere Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, FinTech

Everywhere Ventures (fka "The Fund") is a first-of-its-kind early-stage venture fund created ​by founders for founders​ to support the next generation of entrepreneurs.Everywhere Ventures is a community-powered venture investing platform that integrates the capital, expertise, and mentoring of experienced founders and operators acrossten micro funds. The Fund's $70M+ under management comes almost exclusively from the over 500 founders and operators who are its limited partners. Everywhere Ventures operates from the belief that those who have actually built successful companies are best suited to advise and support early-stage startups. Everywhere Ventures invests in pre-seed deals globally usually in the first financing round the company raises. Emphasis is placed on purpose-driven teams across money, health and work verticals.

## Swiss DeFi Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Web3, Software, Blockchain

A Switzerland-based VC firm

## Supernode Global
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Media and Entertainment, Virtual Reality

An early-stage venture capital fund investing in Consumer and B2B technologies that meaningfully enhance our personal and professional lives.

## Dnipro VC
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, Software, Information Technology

Based in the heart of Silicon Valley we provide capital and support to exceptional global founders who push the boundaries of AI and Cybersecurity.

## henQ
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Information Technology

Early-stage funding for the odd ones out in B2B software.

## Tiny VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Enterprise Software

LAUNCHub is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. 

## LocalGlobe
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- 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?

## Day One Capital
- Type: VC Fund
- Location: Budapest, Budapest, Hungary
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

We are an early-stage technology investor, managing privately financed funds.  We seek to find and join the most exciting Central Eastern European teams on their global mission.

## Iron Wolf Capital
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Infrastructure, Manufacturing

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. 

## Trind Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Marketplace

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.

## Acton Capital
- Type: VC Fund
- Location: München, Bayern, Germany
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: E-Commerce, Internet, Software

Since 1999, Acton Capital invests in tech-enabled business models to create value for the long run. We support world-class teams on their way to market leadership.

## Launchbay Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Financial Services, FinTech, Software

## Build Setup

## VR Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

VR Ventures supports leading-edge startups in the financial services and real estate sector. VR Ventures supports companies with shared access to their network, deep pool of expertise, and market knowledge.

VR Ventures is headquartered in Berlin, Germany.

## Magnus Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

Magnus Capital is a crypto investment firm.

## Tagus Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

Tagus Capital invests and supports entrepreneurs at the forefront of Web3 innovation combining Blockchain with advanced technologies such as Artificial Intelligence, Machine Learning, Reverse Computing, and Big Data.

## Plural VC
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, Financial Services, SaaS

Plural is a venture community of regulatory experts, operators, and investors dedicated to providing early-stage companies with the investment and intellectual capital they need to build the future of finance.

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