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Top 50 Machine Learning VC Funds & Investors in Estonia (August 2026)

The most active venture capital funds investing in Estonia Machine Learning startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Machine Learning startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Superangel
VC Fund
3 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Specialist VC
VC Fund
3 Estonia, United Kingdom, Finland Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $240k–$4.6M
Maxis
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, E-Commerce $100k–$2.5M
Curiosity VC
VC Fund
2 The Netherlands, Finland, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $793k–$11M
Tiny VC
VC Fund
2 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $750k–$27M
Leap Investment
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed Analytics, E-Commerce, SaaS $100k–$1.3M
Tiny Supercomputer Investment Company
VC Fund
2 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $809k–$170M
Lemonade Stand
VC Fund
2 Estonia, Lithuania, India Seed, Pre-Seed Software, Artificial Intelligence, FinTech $227k–$3M
Decacorn Capital
VC Fund
2 United States, Israel, Singapore Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $125k–$6.2M
Second Century Ventures
VC Fund
2 United States, Canada, Australia Seed, Venture - Series Unknown Real Estate, Software, FinTech $575k–$13M
ZAKA VC
VC Fund
2 United States, Germany, United Kingdom Seed, Pre-Seed Artificial Intelligence, Software, Information Technology $250k–$7M
TechOne VC
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed Software, SaaS, Information Technology $30k–$2.4M
DOMiNO Ventures
VC Fund
2 United States, Turkey, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $150k–$2.3M
Alesta Yatırım
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $17k–$4.6M
TRANGELS
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed, Angel Software, Information Technology, Artificial Intelligence $29k–$1.4M
ff Venture Capital
VC Fund
1 United States, Poland, Canada Seed, Series A Software, Artificial Intelligence, Information Technology $974k–$12M
Quadri
VC Fund
1 United States, United Kingdom Series B, Seed Artificial Intelligence, SaaS, Audio $500k–$160M
RKKVC
VC Fund
1 Poland, United Kingdom, Switzerland Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $584k–$12M
7percent Ventures
VC Fund
1 United Kingdom, United States, Canada Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $125k–$7M
Ukrainian Startup Fund
VC Fund
1 Ukraine, United States, United Kingdom Grant, Pre-Seed, Seed Software, Information Technology, Health Care $25k–$50k
Grupo Boticário Ventures
VC Fund
1 Estonia Seed SaaS, Beauty, Retail
Arcan Partners
VC Fund
1 Estonia, Sweden Pre-Seed, Seed Artificial Intelligence, SaaS, B2B $21k–$100k
Mana Ventures
VC Fund
1 United States, Canada, Mexico Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1.1M–$48M
Amalfi Capital
VC Fund
1 Estonia, Australia, United States Seed, Series A Financial Services, SaaS, Legal $975k–$9.4M
Sillever OÜ
VC Fund
1 Estonia Seed Hardware, Construction, Machine Learning
Hansa Group
VC Fund
1 Estonia Seed Hardware, Construction, Machine Learning
Hyde Park Venture Partners
VC Fund
1 United States, Canada, Estonia Series A, Seed, Series B Software, SaaS, Information Technology $850k–$50M
Iron Wolf Capital
VC Fund
1 Lithuania, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $120k–$7.3M
Change Ventures
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$39M
Tachi.ai Ventures
VC Fund
1 Japan, United States, France Seed, Series A, Pre-Seed Information Technology, Catering, Software $1.4M–$15M
AI Startup Factory
VC Fund
1 Turkey, United States, United Kingdom Seed, Venture - Series Unknown, Pre-Seed Software, Artificial Intelligence, Machine Learning $30k–$2.5M
Educapital
VC Fund
1 France, United States, Germany Series A, Seed Education, EdTech, E-Learning $1.9M–$16M
Ak Portfoy
VC Fund
1 Turkey, Estonia, United States Seed, Series A Software, Financial Services, Information Technology $486k–$5.5M
EuroHPC Joint Undertaking
VC Fund
1 Estonia, Switzerland, Czech Republic Grant, Seed Artificial Intelligence, Software, Semiconductor $290k–$66M
InvenDO
VC Fund
1 Turkey Pre-Seed Sustainability, Cloud Computing, Artificial Intelligence $14k–$1.5M
LongeVC
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Venture - Series Unknown Health Care, Biotechnology, Therapeutics $1.3M–$94M
Ulta Beauty
VC Fund
1 United States, Canada, Estonia Seed, Series A, Grant Beauty, Artificial Intelligence, SaaS $2.2M–$30M
Microsoft
VC Fund
1 United States, United Kingdom, India Grant, Seed Software, Information Technology, Artificial Intelligence $1k–$5M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
MIRAISE
VC Fund
1 Japan, United States, Estonia Seed, Pre-Seed Information Technology, Artificial Intelligence, Consulting $372k–$14M
Kaleo Ventures
VC Fund
1 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $25k–$15M
Spring Capital
VC Fund
1 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $439k–$9.1M
Pontos Group
VC Fund
1 Finland Genetics, Hospital, Automotive
Icebreaker.vc
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
TT Ventures
VC Fund
1 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $1k–$2.5M
G-FUND
VC Fund
1 Germany, United Kingdom, France Seed, Pre-Seed, Series A Wellness, Health Care, EdTech $1.9M–$5M
Lima Ventures
VC Fund
1 Turkey, Estonia, United Kingdom Seed, Pre-Seed Artificial Intelligence, Software, FinTech $18k–$697k
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Venture - Series Unknown Software, SaaS, Information Technology $149k–$1.5M
Kaamos
VC Fund
1 Estonia Seed, Pre-Seed Manufacturing, Information Technology, Battery $1.1M–$2.1M
Geometry Venture Development
VC Fund
1 Turkey, United States, Estonia Pre-Seed, Seed, Equity Crowdfunding Artificial Intelligence, Software, SaaS $25k–$5M
Access all 67 VC funds in Estonia Machine Learning startups.

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

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Investor list

Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Seed $767k–$6.2M; Pre-Seed $165k–$1.6M; Series A $5.3M–$20M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
  • Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Machine Learning startups, 8 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Seed $545k–$4.6M; Pre-Seed $240k–$2.2M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $55M in 2022

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.
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Maxis
VC Fund · Besiktas, Istanbul, Turkey · 2 investments in Estonia Machine Learning startups

Private Equity Investment arm of Isbank

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Investment focus

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

Investor stats

  • Total investments: 89
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$2.5M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Hardal — Cookieless, first-party, server-side attribution tracking to improve ROAS. Unified attribution across Web, iOS, Android & Shopify Apps.
  • Promake — Talk to AI, get your business online. Manage your website and domain, accept payments.
  • 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.
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Curiosity VC
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Estonia Machine Learning startups, 7 in the past 12 months

Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $793k–$5.8M; Pre-Seed $797k–$2.5M; Series A $7.3M–$11M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Validfor — AI-Native Agentic Digital Validation Platform
  • Dawnguard — AI-native platform for fast cloud design and implementation.
  • display.dev — https://t.co/SF1T1dzYOK is the agent-neutral workspace for artifacts. One command gives your HTML and .md files a permanent URL behind company login.
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Tiny VC
VC Fund · Berlin, Berlin, Germany · 2 investments in Estonia Machine Learning startups

Backing great companies when they're tiny

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Investment focus

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

Investor stats

  • Total investments: 129
  • Round size: Seed $1.4M–$6.4M; Pre-Seed $750k–$3.3M; Series A $9.8M–$27M
  • Lead/follow: 0% lead, 100% follow

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
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Leap Investment
VC Fund · Ankara, Ankara, Turkey · 2 investments in Estonia Machine Learning startups

Leap Investment is a venture capital firm that provides smart money and development of entrepreneurs with consultancy and mentorships.

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Investment focus

  • Industry: Analytics, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 15
  • Round size: Seed $100k–$1.3M
  • Lead/follow: 27% lead, 73% follow

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.
  • PulpoAR — PulpoAR Virtual Try-On Solution is realistic and easy to integrate and customize e-commerce platforms. We have specialized in the beauty industry. Increase your sales by giving your users the chance to try-on your products from the comfort of their homes. PulpoAR Virtual Try-On can be integrated into your e-commerce website, mobile app, smartmirror, and smart mirrors and QR codes as in-store solutions.
  • Mindsite — Mindsite provides e-commerce analytics. Easily monitor key metrics from price to visibility in real time. Increase your online sales.
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Tiny Supercomputer Investment Company
VC Fund · San Francisco, California, United States · 2 investments in Estonia Machine Learning startups

Backing great companies when they're tiny

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Investment focus

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

Investor stats

  • Total investments: 185
  • Round size: Seed $1.2M–$8M; Pre-Seed $809k–$3.5M; Series A $7M–$170M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • AUDIOGEN — Generate your sounds with AI. Create an infinite world of sounds - sound effects, samples, and music, instantly. Get Started Free.
  • Xylo — Xylo offers higher quality processes with full officer oversight, reducing planning uncertainty and boosting UK housing delivery.
  • Build — The AI-native operating partner for the built world. Build pairs agentic AI with CRE domain experts to accelerate commercial real estate development from concept to completion.
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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Machine Learning startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania, India

Investor stats

  • Total investments: 43
  • Round size: Seed $1M–$3M; Pre-Seed $227k–$2.2M
  • Lead/follow: 9% lead, 91% follow

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 is unifying energy certificate registries. We give corporate energy buyers, sustainability teams, procurement teams, utilities, and traders one infrastructure layer across fragmented registries so they can procure, manage, and cancel renewable energy certificates with far less manual work.The platform combines aggregated procurement fromthousands of utilities with cleaner registry execution and audit-ready, government-backed cancellation statements traceable to the generating machine. That makes renewable energy certificate management easier to run, easier to evidence, and easier to scale across markets.
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Decacorn Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Estonia Machine Learning startups

Decacorn Capital is a cross-border venture funding initiative, centred around game changing start-ups, enabled by innovative use of technology and led by high-caliber, resourceful founders who are out there with the mission to either create a true delight or solve a real problem.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Israel, Singapore

Investor stats

  • Total investments: 62
  • Round size: Seed $1.2M–$6.2M; Pre-Seed $125k–$1.3M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • OpenFunnel — Signal based GTM with AI Agents
  • 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.
  • Infinia — Infinia is a platform that assists the company's clients in managing transfer charges. Allowing you to charge using this method, check each transaction without accessing sensitive information from the accounts that connect to our service, and reconcile all payments in one spot. Integrate your e-commerce applications and platforms withInfinia's open banking platform to facilitate product and service payment without intermediaries and in a secure manner.
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Second Century Ventures
VC Fund · Chicago, Illinois, United States · 2 investments in Estonia Machine Learning startups

We invest in ideas and ambitious teams looking to scale across the real estate, financial, insurance and home tech verticals.

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Investment focus

  • Industry: Real Estate, Software, FinTech
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Canada, Australia

Investor stats

  • Total investments: 318
  • Round size: Seed $575k–$5M; Venture - Series Unknown $1.5M–$13M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • letus (previously RentMoola) — RentMoola, one of North America's leading fintech companies is changing the landscape of paying rent all over the world. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is an online global payment network that allows tenants and owners to pay rent and other payments by credit card, debit card, RM DirectDebit™ or RM Cash™ while earning rewards. Members have access to our MoolaPerks™ program that provides exclusive deals to travel, lifestyle, home services and other rewards redeemable across North America, UK and Europe.PAYING RENT IS REWARDING™
  • Notarize — Notarize offers online notarization services, providing a platform for users to notarize documents digitally. The service is designed to be simpler and safer than traditional paper notarization.
  • Parkbench.com — Find local deals and events. Read local news and business reviews. Talk to a local real estate expert. Connect with locals in your neighborhood.
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Access 48,091 investors

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

Browse database — It's Free!
ZAKA VC
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 2 investments in Estonia Machine Learning startups

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.

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Investment focus

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

Investor stats

  • Total investments: 110
  • Round size: Seed $520k–$7M; Pre-Seed $250k–$1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Yenmo — Unlock instant funds with India's best loan against mutual funds starting from 9.89% 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 — The creative antibody solutions company
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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Estonia Machine Learning startups

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

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Investment focus

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

Investor stats

  • Total investments: 66
  • Round size: Seed $115k–$2.4M; Pre-Seed $30k–$605k
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $4.4M in 2020

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 — Getmobil operates a smart device platform for buying and selling secondhand cellphones, laptops, and tablets. The company's platform repairs defective devices as quickly as possible offers a wide selection of device accessories, buys used electronic devices in good condition from consumers, determines the problems by passing them throughextensive tests, repairs them with an expert technical team, and resells them, allowing consumers to get a new or refurbished product at an affordable, reliable, and competitive price.
  • Spiky.AI — Spiky.ai delivers real-time coaching, CRM sync, and multilingual AI insights to boost sales performance and streamline meetings.
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DOMiNO Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Estonia Machine Learning startups, 6 in the past 12 months

DOMiNO Ventures is a venture capital fund focusing on high-tech, pure-digital and first-day global startups in Eastern Europe, Central Asia and the Caucasus.

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $150k–$2.3M; Pre-Seed $300k–$2M
  • Lead/follow: 24% lead, 76% follow

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 — AI-Native Agentic Digital Validation Platform
  • Antiverse — Designing biologics for 100 challenging targets
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Alesta Yatırım
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Estonia Machine Learning startups

Ales Venture Capital Investment Trust Inc. 100% Escort Technology Investment Co., Ltd. was established in late 2012 as a subsidiary of an investment company subject to the Capital Markets Board legislation.Their target audience was primarily started to produce products or services are targeted at companies with existing customers and growth.However, the product or service to switch to the sales and marketing process, although in need of ready finance companies also take interest in Their initiative.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 122
  • Round size: Seed $17k–$645k; Pre-Seed $26k–$150k; Convertible Note $30k–$4.6M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2012

Portfolio highlights

  • GlaucoT — GlaucoT develops contact-free intraocular pressure monitoring and neuroprotective treatment technology for glaucoma disease.
  • Kozmonot — Kozmonot is a mobile competition application with real money prizes focused on knowledge, research and intelligence.
  • ConverJinn — AI-powered product categorization and conversion optimization for online stores. Boost conversions and make every product page count.
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TRANGELS
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Estonia Machine Learning startups

Early Stage Investment Fund and Network

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 59
  • Round size: Seed $67k–$1.4M; Angel $100k–$500k; Pre-Seed $29k–$500k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Zippsi — Zippsi connects individual and corporate clients with vehicle leasing companies in a quick, efficient and smart way.
  • Trawell Data — Trawell Data is a mobile data services company that provides travelers to use mobile data on their mobile phones without changing phones or sim cards. It enables the phone to digitally connect and use the local operator. Trawell Data was established in 2015 and is headquartered in Syosset, New York.
  • 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.
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ff Venture Capital
VC Fund · New York, New York, United States · 1 investments in Estonia Machine Learning startups, 7 in the past 12 months

ff Venture Capital (ffVC) is a technology venture capital firm investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The firm identifies and invests in technology and technology-enabled companies at its inception acrossgeographies and emerging industries. With three partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. Since 2008, ffVC has invested in over 100 companies and has helped to create companies with an aggregate market value exceeding $6 billion.

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Investment focus

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

Investor stats

  • Total investments: 310
  • Round size: Seed $974k–$4.4M; Series A $1.5M–$12M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $66M in 2023

Portfolio highlights

  • Pstryk — Pstryk is a mobile app that tracks expenditures in real time to help you make budget-conscious decisions about energy consumption.
  • Nomagic — Nomagic provides robotic systems to automate repetitive pick-and-place tasks in warehouses with efficiency, flexibility and reliability.
  • FlyFocus — We specialize in the design and production of unmanned aerial vehicles for the civilian market and law enforcement.
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Quadri
VC Fund · London, England, United Kingdom · 1 investments in Estonia Machine Learning startups

Quadri Ventures is a Venture Capital firm on a mission to be the leading value-add investor to B2B SaaS companies from Seed to Series B.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Audio
  • Stage:Series B, Seed
  • Geography: United States, United Kingdom

Investor stats

  • Total investments: 19
  • Round size: Seed $500k–$4.7M; Series B $37M–$160M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Corgi Insurance — Corgi Insurance Services, Inc. ("Corgi") is an American technology company that operates an artificial intelligence (AI)-powered insurance carrier based in San Francisco, California. Corgi Insurance develops and operates a fully integrated insurance stack using AI agents to automate traditional carrier operations, becoming the world’sfirst “AI insurance company.” The company owns multiple subsidiaries operating under a dog-themed naming convention.
  • Tipple — Scale into other countries quicker with better margins direct to consumers with Tipple.
  • Ottosales AI — Don't open your CRM. Just call Otto. Reps call before and after every visit. Otto preps, captures, sends the follow-up, and keeps your CRM and ERP current.
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RKKVC
VC Fund · 1 investments in Estonia Machine Learning startups

To be the first point of call for company founders from Central Europe who want to create history with their start-up. Our private independent early-stage boutique Venture Capital fund focuses on this promise. Our strategy is linked to technologies that benefit people and the planet. It’s a privilege for us to partner with people who seeopportunities around the corner. To them success is not about mere status, it is about making an impact.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Poland, United Kingdom, Switzerland

Investor stats

  • Total investments: 31
  • Round size: Seed $902k–$9.9M; Pre-Seed $584k–$1.2M; Venture - Series Unknown $7.1M–$12M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Embotech — Embotech develops autonomous driving software for industrial and logistics applications. Its platform combines AI, computer vision, and motion planning to enable self-driving vehicles for ports, logistics yards, and automotive operations. The company also provides automated vehicle marshalling, fleet management, and safety-certified autonomysolutions for commercial deployments.
  • DBR77 Robotics Sp. z o.o. — Simulate your factory before you build it. Monitor OEE in real time. Run operations with IRIS. Five products, one industrial intelligence platform.
  • Hypersonix Launch Systems — Hypersonix Launch Systems specializes in hypersonic technology and scramjet engines in the global market.
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7percent Ventures
VC Fund · London, England, United Kingdom · 1 investments in Estonia Machine Learning startups

Venture X is our top-notch financial investment firm Webflow Template created for modern VC and investor firms looking for a dark mode website design.

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Investment focus

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

Investor stats

  • Total investments: 185
  • Round size: Seed $405k–$7M; Pre-Seed $125k–$2.8M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $39M in 2019

Portfolio highlights

  • cheMastery — Echo handles repetitive tasks with accuracy and precision, allowing your chemists to tackle high-value challenges.
  • Vosbor — Vosbor is a digital grain & oilseed trading platform providing a spot and forward market to reconcile trade data & securely share documents.
  • Paddington Robotics — Paddington Robotics specializes in implementation of AI, robotics, software and hardware solutions in real life.
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Ukrainian Startup Fund
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Estonia Machine Learning startups

USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Ukraine, United States, United Kingdom

Investor stats

  • Total investments: 225
  • Round size: Seed $50k–$50k; Grant $25k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Romtos — Romtos is a career path portal that connects IT firms, students, and freelancers.
  • SYLA — Biosimilar, Affordable Prosthetic Knee
  • PeopleForce — PeopleForce is one of the BEST and fastest growing online HR Software service provider, we consist​ of highly qualified and experienced members with dedicated team. we love the fact that our solution and software is making HR service more convenient and easy for our customer. Our Product Include Applicant Tracking Software: Our service help youfind the right person more faster and easier Staff Onboarding: Every phase of onboarding process with a new employer is important. By using our onboarding software you will increase employee retention and save more money and stress. Leave tracking: Leave tracking will help you to easily record leave for holidays, vacations, half-day etc.Electronic signatures: Tool to sign your documentHR Reporting: This prove report on all employee on annual salary and current employment status with date range.Performance management: Measure the effective and efficient manner to employee process that enhances your employee’s performance through aligned goals and development. employee directory: Employer master database, thus providing all the information about employee. Custom workflows: Design a custom workflow to fit your organization needs. At PeopleForce , we understand the difficulties in getting the best hands. We also understand the necessity to use good and reliable software and service. We're here to help all of our customers and their unique needs. PeopleForce we “OFFER THE BEST”
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Grupo Boticário Ventures
VC Fund · 1 investments in Estonia Machine Learning startups

Grupo Boticário Ventures is an corporate venture capital arm of Grupo Boticário.

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Investment focus

  • Industry: SaaS, Beauty, Retail
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Haut.AI — Haut.AI is SaaS platform for skin care and skin health applicaitons
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Arcan Partners
VC Fund · London, England, United Kingdom · 1 investments in Estonia Machine Learning startups

Arcan Partners is a European technology investor backing Seed to Series A B2B software companies. Hands-on operational support and dedicated AI expertise for proven founders.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, B2B
  • Stage:Pre-Seed, Seed
  • Geography: Estonia, Sweden

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $21k–$100k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Ebitator — Ebitator is a cloud-native platform that empowers SMEs to understand and maximize their business value through real-time AI-driven valuations and a proprietary “EXIT Score.” Our solution combines live KPI tracking with actionable insights and a secure marketplace that connects company owners with buyers and advisors, making strategic exits faster,more transparent, and more profitable. We’re on a mission to help millions of businesses plan their next big chapter with confidence.
  • Allpass.ai — Automate KYC and AML with ease. Allpass.ai helps small and growing businesses stay compliant, streamline onboarding, and verify users quickly without big budgets.
  • Tablestat.com — Tablestat - Find, analyze, and value technology companies with AI
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Mana Ventures
VC Fund · San Francisco, California, United States · 1 investments in Estonia Machine Learning startups, 32 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 152
  • Round size: Seed $2M–$7.6M; Pre-Seed $1.1M–$3.6M; Series A $5.5M–$48M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: Likely still investing — raised $1.3M in 2024

Portfolio highlights

  • Traysar — Subterranean warfare for allied supremacy.
  • Hellbender — Hellbender builds mission-critical hardware and software infrastructure for AI-driven perception systems-designed for autonomy, industrial applications, and robotics.
  • Dawn Aerospace — Delivering hardware to space. Positioning satellites on orbit. Returning products to Earth.
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Amalfi Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Estonia Machine Learning startups

International Technology Investment Fund

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Investment focus

  • Industry: Financial Services, SaaS, Legal
  • Stage:Seed, Series A
  • Geography: Estonia, Australia, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $975k–$2.3M; Series A $2.8M–$9.4M
  • Lead/follow: 25% lead, 75% follow

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.
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Sillever OÜ
VC Fund · 1 investments in Estonia Machine Learning startups

Sillever OÜ operates as an investment firm.

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Investment focus

  • Industry: Hardware, Construction, Machine Learning
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

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.
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Hansa Group
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Machine Learning startups

Maailm liigub - The world is moving

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Investment focus

  • Industry: Hardware, Construction, Machine Learning
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

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.
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Hyde Park Venture Partners
VC Fund · Chicago, Illinois, United States · 1 investments in Estonia Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 189
  • Round size: Seed $850k–$4.4M; Series A $2.4M–$11M; Series B $7.5M–$50M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • ShipBob — Ecommerce fulfillment for online stores. ShipBob empowers businesses to offer 2-day shipping and manage inventory, orders, and shipments.
  • PathFactory — PathFactory delivers the on-demand experience for B2B by enabling buyers with the most relevant information at every step of their unique journey and allowing them to binge-consume content, removing friction and making the buying process more efficient. By tracking exactly what each buyer is consuming along the path to purchase, PathFactorydelivers hyper-relevant, real-time content recommendations and dramatically expedites the buying process.
  • Audit Sight — Audit Sight is the essential tool for auditors, diligence providers and lenders in the modern era. Our secure digital platform puts the future of testing and transaction verification at your fingertips.
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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Machine Learning startups, 6 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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $450k–$2.6M; Pre-Seed $120k–$1M; Series A $3.2M–$7.3M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Vegvisir — Revolutionising battlefield capabilities with XR technologies. Situational awareness & enchanced decision making for manned vehicles, remote platforms and command stations.
  • UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
  • PDKinematics — PDKINEMATICS builds precision guidance systems for the UAV era.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 65
  • Round size: Seed $500k–$4.2M; Pre-Seed $273k–$2.2M; Series A $1M–$39M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • BirdyChat — A modern work chat app for professionals. Start conversations with anyone using their work email. Collaborate and grow your network.
  • Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
  • Saltz — Premium ingredients for your menu with no hidden delivery fees or markups.
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Tachi.ai Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Estonia Machine Learning startups

VC firm investing in early-stage venture between Europe and Japan

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Investment focus

  • Industry: Information Technology, Catering, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Japan, United States, France

Investor stats

  • Total investments: 9
  • Round size: Seed $1.4M–$1.8M; Series A $6M–$15M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Swan Bitcoin — Build Bitcoin Wealth with Personalized Service from a Dedicated Account Representative
  • Curvegrid — Curvegrid is a blockchain software company whose core product MultiBaas allows both independent developers and enterprise companies to rapidly prototype and build blockchain applications.
  • Enterra Solutions — Enterra Solutions is a cloud-based, intelligent supply chain technology company that solves complex supply chain execution problems of consumer products and retail organizations through real-time data sharing and analytic solutions that “Sense, Think, Learn and Act” to continually improve process execution and capitalize on new demandgeneration opportunities.
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AI Startup Factory
VC Fund · Besiktas, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

Artificial Intelligence Factory is a goal-oriented program focusing on cooperation and investment with Turkish AI initiatives, offering various support mechanisms for growth and international success.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 49
  • Round size: Seed $100k–$2.5M; Pre-Seed $100k–$495k; Venture - Series Unknown $30k–$1.5M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Flowla — From outreach to onboarding, create personalized sales stories, impress prospects, and build consensus with multiple stakeholders.
  • Syntonym — Focusing on privacy enhancement in the visual data domain, Syntonym is a generative AI startup specializing in pioneering synthetic face generation technology. With use cases ranging from autonomous mobility to visual anonymity in digital health services, Syntonym provides usable privacy solutions, ensuring both compliance and personal privacyprotection. With its patent pending technology, Syntonym replaces faces in image/video with hyper realistic synthetically generated ones. These faces do not correspond to any real individual, preventing the face from being identified and recognized.
  • 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.
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Educapital
VC Fund · Paris, Ile-de-France, France · 1 investments in Estonia Machine Learning startups, 7 in the past 12 months

The first European Edtech & Future of Work fund.

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Investment focus

  • Industry: Education, EdTech, E-Learning
  • Stage:Series A, Seed
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 55
  • Round size: Seed $1.9M–$11M; Series A $4.2M–$16M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2017

Portfolio highlights

  • Preply — Looking for a tutor? Preply is the best platform for private online lessons with a flexible payment system and affordable prices. Book your first lesson.
  • Rocapine — We craft apps that help people feel truly alive
  • Mendo — Mendo helps large companies embed AI into their workflows and drives adoption by helping teams apply AI to their real-world use cases, without losing the human element.We operate directly in the tools and day-to-day workflows to trigger the right habits at the right moment.The result? Teams that confidently use generative AI in their daily workand a transformation that is concrete, guided, and sustainable.
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Ak Portfoy
VC Fund · Besiktas, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

Ak Portfoy is an investment management company that offers services to its customers in mutual funds management, pension funds management.

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Turkey, Estonia, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $486k–$3M; Series A $2.5M–$5.5M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Fimple — Simple and composable financial platform with the “Financial Function as a Service” principle.
  • Promake — Talk to AI, get your business online. Manage your website and domain, accept payments.
  • Mindtail — Based in Istanbul, Mindtail is a mobile gaming studio dedicated to crafting the next evolution of hybrid mobile games. Founded by industry veterans whose previous titles have reached over 300+ million players worldwide
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EuroHPC Joint Undertaking
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Estonia Machine Learning startups

EuroHPC Joint is an effort of the European Union, European countries, and business partners to create a supercomputing ecosystem. It was founded in 2018 and is based in Luxembourg City, Luxembourg.

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Investment focus

  • Industry: Artificial Intelligence, Software, Semiconductor
  • Stage:Grant, Seed
  • Geography: Estonia, Switzerland, Czech Republic

Investor stats

  • Total investments: 4
  • Round size: Grant $290k–$66M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Hafnova — Hafnova builds cybersecurity technology that fits how people actually work—across networks, devices, and locations. We use machine learning and real-time threat intelligence to deliver personalized protection that moves with the user, instead of relying on static perimeters.Our system is lightweight, fast to deploy, and built to stop threatsbefore they reach internal systems. It focuses on proactive, outside-in defense—identifying and blocking malicious activity in real time, without heavy agents or outdated rule sets.Founded by a team with deep experience in AI, security infrastructure, and large-scale data systems, Hafnova is solving problems that traditional cybersecurity tools weren’t designed to handle. Our approach scales from lean, cloud-native teams to complex distributed environments.We are currently running early enterprise pilots in regulated sectors and mission-critical environments, where real-time visibility and proactive control are essential. Hafnova was also selected for the prestigious Tech4Trust accelerator and received the PERL Prize for innovation in digital trust and cybersecurity.
  • Cynsta AI — We make AI agents safe to deploy.
  • Softquantus — Softquantus Infinite Possibilities
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InvenDO
VC Fund · Sariyer, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

InvenDO evaluates the entrepreneurial projects of the related group of employees within the scope of both open and closed innovation. Ideas are evaluated according to focus areas and market size; business development camps are developed through lean entrepreneurship training and business model canvas studies. Projects selected as finalists by thecommittee are provided with business plan and prototype development funds.

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Investment focus

  • Industry: Sustainability, Cloud Computing, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 8
  • Round size: Pre-Seed $14k–$1.5M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • CaspiPot — Cyber security vendor. Deception, Attack Surface Monitor and Web Application Security features.
  • Chex — Chex is a software company provides ordering and secure billing system using artificial intelligence in food and beverage industry
  • Binclusive — Binclusive enables you to be more accessible in the digital world. Make your software and content inclusive for one billion people! : https://t.co/lIPkMXs9sA
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LongeVC
VC Fund · Lugano, Ticino, Switzerland · 1 investments in Estonia Machine Learning startups

With more than 30 portfolio companies across AI, pet health, ageing medicine and more, LongeVC provides venture capital for the biotech and longevity sectors.

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Investment focus

  • Industry: Health Care, Biotechnology, Therapeutics
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 21
  • Round size: Seed $1.3M–$12M; Series A $17M–$94M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Trogenix — Trogenix operates as a therapeutics company, that treats aggressive cancers.
  • Constructive Bio — Constructive is a ground-breaking method for creating wholly artificial genomes and rewriting the genetic code of living things.
  • Valink Therapeutics — Valink is developing a series of novel therapeutics that are more effective at attacking tumours, while sparing healthy tissue.
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Ulta Beauty
VC Fund · Bolingbrook, Illinois, United States · 1 investments in Estonia Machine Learning startups

ULTA Beauty is the beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Since opening its first store 25 years ago, ULTA Beauty has grown to become the top national retailer providing All Things Beauty, All in One Place™. The Company offers more than 20,000products from over 500 well-established and emerging beauty brands across all categories and price points, including ULTA Beauty's own private label. ULTA Beauty also offers a full-service salon in every store featuring hair, skin and brow services. ULTA Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading Ultamate Rewards loyalty program.

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Investment focus

  • Industry: Beauty, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Grant
  • Geography: United States, Canada, Estonia

Investor stats

  • Total investments: 7
  • Round size: Seed $2.2M–$6M; Grant $2.4M–$2.4M; Series A $6.2M–$30M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Haut.AI — Haut.AI is SaaS platform for skin care and skin health applicaitons
  • LUUM — LUUM Lash is revolutionizing the beauty industry with the world's first robotic lash extensions. The power of machine learning, AI and robotics combine to help lash artists improve efficiency, precision and overall results.
  • Big Brothers Big Sisters of America — Big Brothers Big Sisters of America leads 230+ agencies, one located in all 50 states, as they empower youth to reach their full potential. #BiggerTogether
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Microsoft
VC Fund · Redmond, Washington, United States · 1 investments in Estonia Machine Learning startups

Microsoft is an American multinational corporation that develops, manufactures, licenses, supports, and sells a range of software products and services.Microsoft’s devices and consumer (D&C) licensing segment licenses the Windows operating system and related software, Microsoft Office for consumers, and the Windows Phone operating system. Thecompany’s computing and gaming hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories. Its phone hardware segment offers Lumia smartphones and other non-Lumia phones. Its D&C segment provides Windows Store, Xbox Live transactions, and Windows phone store; search advertising; display advertising; Office 365 Home and Office 365 Personal; first-party video games; and other consumer products and services as well as operating retail stores.Microsoft’s commercial licensing segments license server products, including Windows Server, Microsoft SQL Server, Visual Studio, System Center, and related Client Access Licenses (CALs); Windows Embedded; Windows operating system; Microsoft Office for business, including Office, Exchange, SharePoint, Lync, and related CALs; Microsoft Dynamics business solutions; and Skype. Its commercial segment offers enterprise services, including premier support services and Microsoft consulting services; commercial cloud comprising Office 365 Commercial, other Microsoft Office online offerings, Dynamics CRM Online, and Microsoft Azure; and other commercial products and online services.The company markets and distributes its products through original equipment manufacturers, distributors, and resellers, as well as online.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 278
  • Round size: Seed $1k–$5M; Grant $18k–$2.5M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $1M in 2023

Portfolio highlights

  • AppNexus — Microsoft Invest is a demand side platform built for the future of video advertising.
  • GuidenAI — GuidenAI builds AI-powered products that simplify everyday experiences through intelligent automation and advanced technology.
  • Wayve — Wayve are pioneering an AI-centric approach to self-driving, inspired by our vision of a smarter, safer and more sustainable world.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Estonia Machine Learning startups, 7 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 217
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Zazu — Zazu is a neobank for African SMEs, offering seamless banking tools, cash flow automation, and real-time insights. Zazu simplifies finance management in one all-in-one solution.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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MIRAISE
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Estonia Machine Learning startups

We are engineers investing in engineers. With experienced mentors, MIRAISE supports you hands-if basis, for business model, financial planning and presentation. All founders of our potfolio automatically join MIRAISE online community that gives you the peer-learning opportunities with other founders. Join us updating the normal!

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Consulting
  • Stage:Seed, Pre-Seed
  • Geography: Japan, United States, Estonia

Investor stats

  • Total investments: 52
  • Round size: Seed $372k–$14M; Pre-Seed $1.3M–$1.9M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Plainer — Plainer is an IT company that provides software development, data management, and SaaS solutions.
  • Packative — Platform to design and order custom packaging online
  • CareLink — CareLink is an app that connects people looking for one-time part-time work in nursing and welfare.
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Estonia Machine Learning startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 56
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Cuoral — Proactive customer success and engagement. We help you reduce customer churn and increase retention and revenue.
  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Machine Learning startups

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.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 25
  • Round size: Seed $439k–$2.5M; Pre-Seed $500k–$652k; Series A $7.4M–$9.1M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $3.9M in 2018

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.
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Pontos Group
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Machine Learning startups

Pontos is a family owned Finnish private equity and real estate investment company operating in Finland, the Baltic States, and Portugal.

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Investment focus

  • Industry: Genetics, Hospital, Automotive
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

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!
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Machine Learning startups

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

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Investment focus

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

Investor stats

  • Total investments: 135
  • Round size: Seed $384k–$5.2M; Pre-Seed $110k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $22M in 2021

Portfolio highlights

  • Cytely — Cytely operationalizes biological measurement, turning microscopy into standardized, reproducible data so research teams can accelerate discovery.
  • Oplane — Connect your repo. See and fix your vulnerabilities in minutes. AI-powered threat modeling - no consultants, no weeks of docs.
  • 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!
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TT Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

TT Ventures is the corporate venture capital arm of Turk Telekom.

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Investment focus

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

Investor stats

  • Total investments: 74
  • Round size: Seed $41k–$2.5M; Pre-Seed $1k–$400k
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VenueX — VenueX enables retailers to showcase their products, POI and indoor maps to shoppers searching online!
  • OctoXLabs — Most Comprehensive Cybersecurity Asset Management Solution #CSAM #CAASM
  • Mindsite — Mindsite provides e-commerce analytics. Easily monitor key metrics from price to visibility in real time. Increase your online sales.
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G-FUND
VC Fund · Munich, Bayern, Germany · 1 investments in Estonia Machine Learning startups

G-FUND is a generations-crossover venture fund backing the next generation of European consumer companies, from pre-seed to Series A.

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Investment focus

  • Industry: Wellness, Health Care, EdTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, France

Investor stats

  • Total investments: 13
  • Round size: Seed $1.9M–$5M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • JUUZ — JUUZ is a “first-mover” in the functional beverage space, pioneering an entirely new category of protein soda that combines the refreshing qualities of a traditional carbonated drink with the nutritional benefits of high-quality protein.
  • MyARC — MyARC is a fitness app for content creators and their fans.
  • Aampere — Aampere is a marketplace for the purchase and sale of used powered mobility. Their services include personal contact, wide delivery, condition checking upon collection, and washing and cleaning before delivery. They are neutral intermediaries between buyer and seller.
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Lima Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

Collaboration with outstanding initiators with exceptional insights, from inception through all levels of progress. Lima Ventures supports visionary founders as well as provides certain services to early startups. We seek innovative technology-driven entrepreneurs who generate and lead companies that will inspire millions.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia, United Kingdom

Investor stats

  • Total investments: 36
  • Round size: Seed $18k–$697k; Pre-Seed $50k–$100k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Shippn — International package forwarding service. Shop from Amazon, Shein, Macy's worldwide. Fast shipping with DHL & FedEx. Trusted by 50,000+ customers.
  • heybooster — heybooster is the creator of a platform for marketing analysis that aids e-commerce managers in finding chances for revenue growth and in making better choices. It provides clients with digital reporting, online meetings, online communication, an online project management system, and an online playbook that helps them discover problems, findpossibilities for revenue growth, and cut expenses.
  • Mars Studios — Mars Studios is an experienced team of growth hackers & marketers that can help you to increase your revenue. Rocket Your App to Success: Mars Studios
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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 73
  • Round size: Seed $297k–$1.5M; Pre-Seed $149k–$680k
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Munchi — Munchi allows restaurants to manage all orders, payments and loyalty in one platform with the power of AI.
  • Mobal — It is time to get your Business Profiles in shape. Meet your customers where they are and stand out where it matters most.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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Kaamos
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Machine Learning startups

Kaamos is an investment management firm that invests in the construction, real estate, energy sector, and wood industry.

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Investment focus

  • Industry: Manufacturing, Information Technology, Battery
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 4
  • Round size: Seed $1.1M–$2.1M
  • Lead/follow: 0% lead, 100% follow

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.
  • EyeVi Technologies — EyeVi is a provider of road network intelligence with AI-powered on-demand mapping technologies.
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Geometry Venture Development
VC Fund · Sariyer, Istanbul, Turkey · 1 investments in Estonia Machine Learning startups

Rolling Fund + Syndicate Model with Modest Capital for Early Stage Startup Investors. Invests $50K in problem-solution stage technology startups.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Pre-Seed, Seed, Equity Crowdfunding
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 41
  • Round size: Seed $29k–$5M; Pre-Seed $25k–$150k; Equity Crowdfunding $171k–$205k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Sorbil — Sorbil is a subscription based e-learning organization platform. Sorbil is a ed-tech company. It has 100+ courses in 4 main categories. The categories are foreign language, coding, career development and self development. Subscribers purchase either a monthly or yearly subscription to fully access all courses in the platform.
  • Scoutli — VALORANT Esports Matches, events, stats, and analytics
  • 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.
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Machine Learning VC funding in Estonia at a glance

Stats across 46 deals from 67 investors.

67
investors
in Estonia Machine Learning startups
46
deals
in Estonia Machine Learning startups
$663k
median round
in Estonia Machine Learning startups
46%
lead investors
lead at least one round
35%
Pre-Seed
most common funding stage

Access all 67 VC funds in Estonia Machine Learning startups.

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