Top 10 Medical Device VC Funds & Investors in Estonia (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Verge HealthTech Fund
VC Fund
|
5 | Estonia, Singapore, United Kingdom | Seed, Pre-Seed, Series A | Health Care, Medical Device, Medical | $500k–$4.6M |
|
SMOK Ventures
VC Fund
|
2 | Poland, United States, Ukraine | Seed, Pre-Seed | Software, Information Technology, SaaS | $54k–$2.5M |
|
Atlantic
VC Fund
|
2 | Germany, Switzerland, United States | Seed, Pre-Seed, Series A | Software, Health Care, Financial Services | $850k–$32M |
|
Superhero Capital
VC Fund
|
2 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet | $212k–$3.1M |
|
Simpact Ventures
VC Fund
|
1 | Poland, United States, Estonia | Seed, Pre-Seed | Health Care, Software, SaaS | $250k–$3.2M |
|
Tilia Impact Ventures
VC Fund
|
1 | Czech Republic, Estonia, Italy | Pre-Seed, Seed | Information Technology, Software, Health Care | $132k–$6M |
|
Specialist VC
VC Fund
|
1 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence | $241k–$6.5M |
|
Beurer
VC Fund
|
1 | ||||
|
Prototron
VC Fund
|
1 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things | $3k–$27k |
|
UT Ventures
VC Fund
|
1 | Estonia | Pre-Seed | Medical, Health Care, Medical Device | |
| Access all 12 VC funds in Estonia Medical Device startups. | |||||
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We make early investments in global healthcare technology companies that address prevention, disease management and health system efficiency that are relevant to emerging AsiaWe believe that innovation can happen anywhere, from the streets of Dhaka to the labs of Oxford, however without the right support network, these solutions might notscale, or find the best world-changing application. This is where we can help.
Show more...Investment focus
- Industry: Health Care, Medical Device, Medical
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, Singapore, United Kingdom
Investor stats
- Total investments: 24
- Round size: Seed $500k–$4.6M; Pre-Seed $500k–$1M
- Lead/follow: 50% lead, 50% follow
- Last fund: May invest from a new fund soon — raised $17k in 2021
Portfolio highlights
- Prosoma — Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychologicalcare often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology.By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy.We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.
- Lifeyear — Digital-first heart care. At scale.
- CareLoop Health — CareLoop, an innovation emerging from the University of Manchester, furnishes patients with digital support resources while simultaneously providing healthcare professionals with the means to monitor and track patient symptoms.
Bridging Silicon Valley to CEE
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Pre-Seed
- Geography: Poland, United States, Ukraine
Investor stats
- Total investments: 58
- Round size: Seed $439k–$2.5M; Pre-Seed $54k–$1.4M
- Lead/follow: 55% lead, 45% follow
- Last fund: Likely still investing — raised $25M in 2024
Portfolio highlights
- Primio — Primio is an AI-powered platform that generates production-ready native mobile apps from natural language prompts. It outputs real Flutter/Dart code that compiles to native iOS and Android with pixel-perfect rendering and up to 120fps performance. The platform covers the full lifecycle from idea to app store submission, including cloud builds,live preview, and iterative editing. Built for app studios and serious builders who need to ship native apps fast.
- Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
- Proteine Resources — We want to revolutionize the feed and food market, build robotic factories, process bio-waste in high-quality protein, fat and fertilizer insects.
Atlantic Labs supports and invests in mission-driven founders working on transformative technology ventures. <br><br>We partner with founders early, providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. We are currently active in areas including Digital Health, Future of Work, Machine Learning, Decentralized Networks, Mobility and Industrial Applications.
Show more...Investment focus
- Industry: Software, Health Care, Financial Services
- Stage:Seed, Pre-Seed, Series A
- Geography: Germany, Switzerland, United States
Investor stats
- Total investments: 194
- Round size: Seed $1.2M–$9.1M; Pre-Seed $850k–$3.8M; Series A $4.6M–$32M
- Lead/follow: 42% lead, 58% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Cluno — Cluno is an online car subscription service providing rental cars irrespective of any contracts. Cluno's digital car subscription challenges traditional car ownership models in the mobility market and expands the space between hourly and years-long commitments with a flexible option and transparent, fully predictable costs. The carsubscription is offered at a monthly package price, which covers almost all car-related costs such as maintenance, wear and tear, seasonal tires, warranty, registration, vehicle tax, insurance, and vehicle inspections. The minimum booking period is six months per vehicle. Subject to a notice period of three months, customers can change their vehicle after the minimum period, pause their car subscription, or continue on with their Cluno car indefinitely.
- bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
- tozero — Truly bringing lithium-ion battery waste tozero by recovering all critical matierlas, like lithium, nickel, cobalt, manganese, and graphite.
Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.
Show more...Investment focus
- Industry: Software, Information Technology, Internet
- Stage:Seed, Pre-Seed
- Geography: Finland, Lithuania, Estonia
Investor stats
- Total investments: 92
- Round size: Seed $212k–$3.1M; Pre-Seed $620k–$1.8M
- Lead/follow: 54% lead, 46% follow
- Last fund: May invest from a new fund soon — raised $35M in 2020
Portfolio highlights
- eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
- Creagent — Find designers. Screened & shortlisted. Easy, fast and cost-effective - the smart way of sourcing with AI.
- Dripit.io — dripit - Discover new music trends and predict the Hype
Simpact is the first impact investment venture capital fund in Poland. We are looking for tech-driven startups that incorporate high business potential and a positive social or environmental impact. We empower founders to build tech companies which combine profit with purpose and have a potential to change the world for the better.
Show more...Investment focus
- Industry: Health Care, Software, SaaS
- Stage:Seed, Pre-Seed
- Geography: Poland, United States, Estonia
Investor stats
- Total investments: 19
- Round size: Seed $250k–$3.2M; Pre-Seed $255k–$425k
- Lead/follow: 63% lead, 37% follow
Portfolio highlights
- Prosoma — Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychologicalcare often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology.By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy.We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.
- ThermoEye —
- Glaze Prosthetics — Glaze offers completely new attitude to Prosthetics.
Tilia Impact Ventures is a Czech impact fund that supports purpose-driven founders and companies with scalable business models and high environmental or social impact potential.
Show more...Investment focus
- Industry: Information Technology, Software, Health Care
- Stage:Pre-Seed, Seed
- Geography: Czech Republic, Estonia, Italy
Investor stats
- Total investments: 21
- Round size: Seed $1.1M–$6M; Pre-Seed $132k–$3.3M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Alvie — Alvie creates products based on sensors and an AI platform to assist farmers in adjusting pesticide doses.
- FaceUp — Whistleblowing System for companies and schools. FaceUp is an anonymous reporting channel for those who care. Try FaceUp for FREE.
- Nesnězeno — Nesnezeno is a platform that helps restaurants, shops, and hotels eliminate the waste of quality food. Through their mobile platform, they sell day-of treats that are nearing their expiration date.
United Angels VC is an early stage venture capital fund based in Estonia.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: Estonia, United Kingdom, Finland
Investor stats
- Total investments: 64
- Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
- Lead/follow: 34% lead, 66% follow
- Last fund: Likely still investing — raised $55M in 2022
Portfolio highlights
- Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
- 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.
We offer a range of more than 500 products, and ever since 1919 we have been delivering what our claim promises: health and wellness. Our product ranges will ensure you feel great all-round! From medical products specialized in prevention and diagnosis, to weight and diagnosis products, as well as therapy devices an
Show more...Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Healthy Networks — Healthy Networks flagship product, LungPass, is a smart stethoscope for lungs. It distinguishes serious and mild respiratory conditions by analysing lung sounds & symptoms. Easy to use, precise and affordable, LungPass is poised to become a go-to solution for people to own their respiratory health and for healthcare providers to expand theirservice coverage.
Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.
Show more...Investment focus
- Industry: Software, Manufacturing, Internet of Things
- Stage:Pre-Seed, Grant, Seed
- Geography: Estonia, Finland, Germany
Investor stats
- Total investments: 55
- Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
- Lead/follow: 75% lead, 25% follow
Portfolio highlights
- Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
- RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
- Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
UT Ventures is an investment firm.
Show more...Investment focus
- Industry: Medical, Health Care, Medical Device
- Stage:Pre-Seed
- Geography: Estonia
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Better Medicine — Utilising AI to transform cancer diagnostics and radiology workflows for improved efficiency and patient outcomes.
Medical Device VC funding in Estonia at a glance
Stats across 10 deals from 12 investors.
Access all 12 VC funds in Estonia Medical Device startups.
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