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

The most active venture capital funds investing in Estonia Mobile startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Mobile startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tera Ventures
VC Fund
4 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Commerce $120k–$13M
Superangel
VC Fund
4 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Funderbeam
VC Fund
3 Estonia, Croatia, Denmark Seed, Equity Crowdfunding, Pre-Seed Apps, AgTech, Mobile $549k–$2M
Change Ventures
VC Fund
3 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$39M
SMOK Ventures
VC Fund
3 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$3M
Superhero Capital
VC Fund
3 Finland, Lithuania, Estonia Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $212k–$7.3M
TMT Investments
VC Fund
2 United States, United Kingdom, Estonia Seed, Series A Software, SaaS, Social Media $300k–$11M
TA Ventures
VC Fund
2 United States, Germany, India Seed, Pre-Seed, Series A Software, E-Commerce, Health Care $150k–$50M
EstBAN
VC Fund
2 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $200k–$2.2M
AU21 Capital
VC Fund
2 United States, Singapore, India Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.1M–$14M
Spring Capital
VC Fund
2 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $439k–$9.1M
Verge HealthTech Fund
VC Fund
2 Estonia, Singapore, United Kingdom Seed, Pre-Seed, Series A Health Care, Medical Device, Medical $500k–$4.7M
Prototron
VC Fund
2 Estonia, Finland, Germany Pre-Seed, Grant, Seed Software, Manufacturing, Internet of Things $3k–$59k
BADideas.fund
VC Fund
2 Estonia, Latvia, Lithuania Seed, Pre-Seed, Grant Software, Information Technology, Artificial Intelligence $110k–$3.6M
OIG Ventures
VC Fund
2 Estonia, Singapore, Vietnam Seed, Series A, Initial Coin Offering Gaming, Blockchain, Cryptocurrency $1.7M–$9M
Latitude59
VC Fund
2 Estonia Convertible Note FinTech, Software, Mobile Payments $550k–$550k
Multitude Bank
VC Fund
2 Latvia, Norway, Estonia Debt Financing, Post-IPO Debt, Post-IPO Equity FinTech, Financial Services, Banking $5.8M–$20M
Cryptomeria Capital
VC Fund
1 Estonia, United States, Hong Kong Seed, Venture - Series Unknown Blockchain, FinTech, Cryptocurrency $1M–$12M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
Greycroft
VC Fund
1 United States, United Kingdom, Germany Series A, Seed, Series B Software, Artificial Intelligence, E-Commerce $1.5M–$79M
APX
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Information Technology $55k–$15M
RubyLight
VC Fund
1 Estonia, Germany, United Kingdom Seed, Series A, Pre-Seed Apps, Mobile, E-Commerce $1.5M–$6.6M
GD10 Ventures
VC Fund
1 Estonia, Hong Kong, India Seed, Initial Coin Offering Blockchain, Gaming, Cryptocurrency $780k–$60M
Tilia Impact Ventures
VC Fund
1 Czech Republic, Estonia, United States Seed, Pre-Seed Information Technology, Software, Health Care $132k–$6M
hypra.fund
VC Fund
1 Estonia, Ukraine, United States Seed Software, Blockchain, FinTech $500k–$5M
Cofounder VC
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed, Convertible Note Mobile Apps, E-Commerce, SaaS $469k–$2.1M
BullPerks
VC Fund
1 Lithuania, Switzerland, United Arab Emirates Seed, Initial Coin Offering, Series A Gaming, Blockchain, Cryptocurrency $75k–$12M
Lotus Capital
VC Fund
1 Norway, Singapore, Egypt Seed, Initial Coin Offering Cryptocurrency, Gaming, Software $1.3M–$18M
Dragonfly
VC Fund
1 United States, Singapore, Hong Kong Seed, Series A Blockchain, Cryptocurrency, Financial Services $2.2M–$40M
Panda Capital
VC Fund
1 China, United States, Malta Seed, Series A, Angel Blockchain, Robotics, Software $140k–$16M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $20M–$420M
Shima Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Cryptocurrency, Gaming $1.2M–$11M
Otis Capital
VC Fund
1 Estonia, Singapore Seed Gaming, Blockchain, Metaverse $2M–$5M
Contriber Ventures
VC Fund
1 Estonia, Finland, Germany Seed, Angel, Series A Software, Apps, Music $972k–$2.1M
Avalon Wealth Club
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Gaming $1.1M–$21M
Plug & Play
VC Fund
1 Seed
FirePower Capital
VC Fund
1 Canada, United States Debt Financing, Private Equity Software, Financial Services, Analytics
HorizenNet Capital
VC Fund
1 United States, Brazil, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS
Specialist VC
VC Fund
1 Estonia, United Kingdom, Finland Seed, Pre-Seed Information Technology, Software, Artificial Intelligence
G-FUND
VC Fund
1 United Kingdom, Germany, Switzerland Seed, Pre-Seed, Series A Wellness, Health Care, Food and Beverage
Connect Ventures
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, SaaS, FinTech $669k–$55M
Toggl
VC Fund
1 Estonia Seed Apps, Mobile, Database
DEPO Ventures
VC Fund
1 Czech Republic, United States, Estonia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $300k–$4.3M
Play Ventures
VC Fund
1 United States, Finland, United Kingdom Seed, Pre-Seed, Series A Gaming, Video Games, Software $700k–$26M
DOJUS group
VC Fund
1 Estonia, Lithuania Seed, Pre-Seed B2B, Mobile, Software
Concentric
VC Fund
1 United Kingdom, United States, Germany Seed, Series A, Series B Financial Services, Software, Bitcoin $849k–$225M
Wiser Financial Advisors
VC Fund
1 Latvia, Estonia Seed, Venture - Series Unknown Software, Apps, Music
Hyde Park Venture Partners
VC Fund
1 United States, Canada, Estonia Series A, Seed, Series B Software, SaaS, Information Technology $850k–$50M
Mana Ventures
VC Fund
1 United States, Canada, Mexico Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1.1M–$48M
Intel Capital
VC Fund
1 United States, Israel, China Series B, Series A, Series C Software, Information Technology, Enterprise Software $4.1M–$99M
Access all 31 VC funds in Estonia Mobile startups.

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

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Investor list

Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Mobile startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

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

Investor stats

  • Total investments: 69
  • Round size: Seed $531k–$3.8M; Pre-Seed $120k–$2.2M; Series A $1.6M–$13M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • BlackWall — Protect your web site from hacking, content theft, crawling, and cloning!
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • Flowstep — Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.
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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Mobile 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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Funderbeam
VC Fund · London, England, United Kingdom · 3 investments in Estonia Mobile startups

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

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Investment focus

  • Industry: Apps, AgTech, Mobile
  • Stage:Seed, Equity Crowdfunding, Pre-Seed
  • Geography: Estonia, Croatia, Denmark

Investor stats

  • Total investments: 8
  • Round size: Seed $549k–$2M; Equity Crowdfunding $724k–$1.1M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Earthbound — MIRET sustainable, natural sneakers - made from 7 amazing plant materials and eco-certified New Zealand wool. Crafted for all the reasons.
  • Snabb — Snabb delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Snabb App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App to aninternational platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.
  • Botsync — Botsync builds autonomous mobile robots to automate and digitize movement of goods from point to point for the logistics and manufacturing industry. Our robots can carry payloads from 500 kg to 1 tonne and are designed to operate in dynamic environments. Botsync's AMRs can be implemented at new facilities in minimal time with very minimalchanges to the existing infrastructure. With our technology, we hope to pioneer and push for larger scale adoptions of robotic automation in Asia's logistics and manufacturing industry.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Mobile 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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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Estonia Mobile startups

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 80
  • Round size: Seed $477k–$3M; Pre-Seed $54k–$1.4M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Primio — The Fastest Way From Idea to App Store Native iOS and Android. Web included. Ready for app stores in minutes.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Estonia Mobile startups

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€.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 97
  • Round size: Seed $212k–$2.6M; Pre-Seed $618k–$1.8M; Venture - Series Unknown $1.6M–$7.3M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — For Zadaa users: continue secondhand shopping and selling on Bought, the new app from Helsinki that automates listings from your past purchases.
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
  • Creagent — Find designers. Screened & shortlisted. Easy, fast and cost-effective - the smart way of sourcing with AI.
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TMT Investments
VC Fund · St. Helier, NA - Jersey, Jersey · 2 investments in Estonia Mobile startups

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.

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Investment focus

  • Industry: Software, SaaS, Social Media
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 114
  • Round size: Seed $300k–$5M; Series A $1.5M–$11M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • Backblaze — Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services. Personal online backup to enterprise scale data storage solutions.
  • Rhino — First-class armored rides
  • Global Work — Explore 500k+ verified remote, hybrid, and local jobs worldwide. Find your ideal role, compare opportunities, and apply on globalwork.ai!
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TA Ventures
VC Fund · Frankfurt, Hessen, Germany · 2 investments in Estonia Mobile startups

TA Ventures is a global, network-driven VC firm investing in early-stage tech startups that redefine the industries of tomorrow. We typically write initial checks of $100-250K for Pre-Seed and Seed companies and actively provide follow-on investments. We pride ourselves on swift execution, hands-on support, and leveraging our extensiveinternational network. By connecting our portfolio companies with growth-oriented co-investors, we help them scale effectively through subsequent funding rounds. Additionally, we draw on our deep industry expertise to offer portfolio companies and partner VCs access to top-tier, cost-efficient R&D talent.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 255
  • Round size: Seed $580k–$6.1M; Pre-Seed $150k–$3M; Series A $2.5M–$50M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Willidrop — Willidrop is a B2B automotive logistics platform that optimizes cross-border vehicle transportation. The company provides a unified digital coordination layer that integrates real-time pricing, carrier matching, live tracking, and digital proof of delivery into a single workflow.
  • SpeedLabs — The real-time market engine and foundational AI for sports.
  • Native Commerce — A unified e-commerce platform combining CMS, OMS, WMS, Delivery & Logistics to help modern retailers operate, scale & deliver great e-commerce experiences.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile startups

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

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Investment focus

  • Industry: Software, CleanTech, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Lithuania, Latvia

Investor stats

  • Total investments: 22
  • Round size: Seed $215k–$2.2M; Angel $232k–$1M; Pre-Seed $200k–$1.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
  • Granarium Technologies — Granarium - The worlds first 100% renewable power storage for grid stabilization
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AU21 Capital
VC Fund · San Francisco, California, United States · 2 investments in Estonia Mobile startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 207
  • Round size: Seed $1.1M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • PERL.eco — The Planetary Ecosystem Registration Ledger will be a dedicated blockchain for real-world ecological assets through tokenizing carbon credits and biodiversity, NFTs and decentralised (DeFi) rewards.
  • A-World — Welcome to Animal World, a battle game based on #BNBCHAIN's super metaverse card tower defense. By setting up a hero tower to destroy monsters.
  • NeuronX — The First AI-Driven Lending Protocol on @dfinity
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Access 48,091 investors

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

Browse database — It's Free!
Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile 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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Verge HealthTech Fund
VC Fund · Singapore, Central Region, Singapore · 2 investments in Estonia Mobile startups

We make early investments in global healthcare technology companies that address prevention, disease management and health system efficiency that are relevant to emerging Asia​We 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.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Singapore, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $500k–$4.7M; Pre-Seed $500k–$1M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $17k in 2021

Portfolio highlights

  • Zoundream — The Future of Infant Care
  • Understanding Zoe — One calm home that remembers for you and grows with your family. Built in Australia for families raising neurodivergent children. Try free for 7 days.
  • Neuraworx Medical Technology — Neuraworx Medical Technology is a neurotechnology company developing first-in-class bioelectronic solutions for brain health.
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Prototron
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile startups

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.

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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–$59k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Parcelsea — Parcelsea is a technology firm that provides e-commerce users and last-mile delivery service providers with an open network platform. The goal is to create a smart mailbox that is user-friendly and secure for everyone.
  • 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.
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BADideas.fund
VC Fund · 2 investments in Estonia Mobile startups, 11 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 43
  • Round size: Seed $939k–$3.6M; Pre-Seed $110k–$1.3M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Tapaya — Software infrastructure that turns any device into a payment terminal. For developers who need to ship fast without becoming payments experts.
  • ForActive — ForActive The Best App to Buy & Sell Memberships
  • Spotwise.ai — Spotwise hears every ad on TV, radio and podcasts, then puts AI agents on that data to do market research, reports, ad strategy and find new advertisers.
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OIG Ventures
VC Fund · 2 investments in Estonia Mobile startups

OIG Ventures is an investment firm.

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Investment focus

  • Industry: Gaming, Blockchain, Cryptocurrency
  • Stage:Seed, Series A, Initial Coin Offering
  • Geography: Estonia, Singapore, Vietnam

Investor stats

  • Total investments: 14
  • Round size: Seed $1.7M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rivalz Network — Join the connectivity infrastructure between AI Agents, DeFAI and Markets.
  • GEMS — GEMS is an Esports 3.0 aggregator Platform that combines the elements of GameFi, Esports, Metaverse and SocialFi (GEMS).
  • Aura Network — Aura Network is the dedicated RWA chain designed for the next generation of enterprise, entertainment, and government innovation, delivering enhanced efficiency, transparency, and accessibility
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Latitude59
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile startups

Latitude59 is the flagship startup and tech event of e-Estonia - the world’s first digital society.At Latitude59, we bring together the Baltic, Nordic and Northeastern Europe’s tech ecosystem and provide a platform for entrepreneurs, investors and leaders to learn, connect and network.We believe that entrepreneurial minds, inspiringleadership, lean companies and proactive governments are the way forward in creating the digital future.Our mission is to put Estonia on the world map as a leading tech and startup country.

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Investment focus

  • Industry: FinTech, Software, Mobile Payments
  • Stage:Convertible Note
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Round size: Convertible Note $550k–$550k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Cino — Cino automatically deducts everyone's share from their bank accounts. Create groups with whom you want to share bills, set your ratio split & stop fronting costs!
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Multitude Bank
VC Fund · Sliema, NA - Malta, Malta · 2 investments in Estonia Mobile startups

Multitude Bank offers banking and digital financial services.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Debt Financing, Post-IPO Debt, Post-IPO Equity
  • Geography: Latvia, Norway, Estonia

Investor stats

  • Total investments: 5
  • Round size: Debt Financing $5.8M–$20M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • ESTO — ESTO is an international company that provides various financial services. Founded in 2016, the Estonian company now offers innovative payment solutions in the Baltics and features a network of over 1000 partners and more than 120 000 consumers.The company helps merchants to sell and clients to buy - in an easy and convenient way. Merchants canintegrate the ESTO technological Checkout solution to their offline or online shop and give their customers an opportunity to buy now and pay later. ESTO innovative financial products like ESTO Slice, ESTO Hire-Purchase and ESTO Pay Later allow shoppers to get the purchased product now and pay for it later in several installments, and unders certain conditions - with no fees or interest. With another popular ESTO product - ESTO account - shoppers can quickly transfer money to their personal bank account, shop at their favourite brands, and pay back later in set installments. ESTO allows shoppers to control their spending, as they can set their own repayment schedules. Merchants that use ESTO quickly grow their client base and average cart volume - as shoppers can allow themselves to spend more since they don’t have to pay all the price at once. ESTO helps merchants increase traffic, turnover, and reorder rates. Moreover, under the certain terms and sales volumes, ESTO offers to the merchant financially beneficial partnership conditions. Together with marketing campaigns that can be set up to promote merchants' shops to more than 120 000 ESTO clients, it makes collaboration with ESTO especially attractive.
  • DelfinGroup — DelfinGroup provides consumer financial services in Latvia, including loans, pawnbroking, and money transfers. Our future vision is built on current investments in IT solutions, brand growth, and ambitious management. The company's growth is driven by its business strategy,
  • InSoil — A borderless lending marketplace, where farmers meet investors
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Cryptomeria Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Estonia Mobile startups

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

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Investment focus

  • Industry: Blockchain, FinTech, Cryptocurrency
  • Stage:Seed, Venture - Series Unknown
  • Geography: Estonia, United States, Hong Kong

Investor stats

  • Total investments: 28
  • Round size: Seed $1M–$12M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • HolmesAI — Clone your intelligence to build the closest AI Agent to the real you. https://t.co/JFpIsFBHPb
  • SYNTRA — Live AI trading system. Real-time execution, risk-managed positions, public trade feed. Signals, performance, transparency.
  • Zoo Finance — Zoo Finance is a pioneering DeFi protocol focused on unlocking liquidity from locked assets, empowering users to access capital more efficiently while maximizing the utility of their on-chain holdings.
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Mobile startups

Practica Capital

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Investment focus

  • Industry: Software, B2B, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 125
  • Round size: Seed $219k–$3.3M; Pre-Seed $500k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem is the all-in-one platform where software companies run payments, taxes, affiliates and revenue - together Finance for humans building online
  • kopa.ai — AI agents for e-commerce growth.
  • Outcraft AI — Outcraft AI is the autonomous revenue engine built to drive growth across the entire customer lifecycle.
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Greycroft
VC Fund · New York, New York, United States · 1 investments in Estonia Mobile startups

Venture capital and technology investments

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 797
  • Round size: Seed $1.5M–$10M; Series A $3.2M–$26M; Series B $6.5M–$79M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $378M in 2023

Portfolio highlights

  • Biproxi — Streamline and shorten commercial real estate transaction cycles with access to better data, front-loaded deal information & streamlined communication. Join our verified community.
  • Laminar — H2Ok Innovations Harnesses Artificial Inteligence and Data Science to Empower Comunities With the Knowledge for Clean Water.
  • Applied Intuition — Applied Intuition enables engineering and product development teams to safely develop, test, and deploy autonomous vehicles at scale.
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APX
VC Fund · Berlin, Berlin, Germany · 1 investments in Estonia Mobile startups

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

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

Investor stats

  • Total investments: 207
  • Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $61M in 2021

Portfolio highlights

  • VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
  • Bloom — Moved to @bloomsocial
  • Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
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RubyLight
VC Fund · Riga, Riga, Latvia · 1 investments in Estonia Mobile startups

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.

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Investment focus

  • Industry: Apps, Mobile, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, Germany, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $1.5M–$5.7M; Series A $5.5M–$6.6M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • MegaMod — OnlySpace metaverse creation will allow users to receive bonuses and benefit from participating in several projects at the same time:
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GD10 Ventures
VC Fund · 1 investments in Estonia Mobile startups

GD10 Venture helps develop early-stage Web3 companies through their alliance of financiers and marketers.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Initial Coin Offering
  • Geography: Estonia, Hong Kong, India

Investor stats

  • Total investments: 28
  • Round size: Seed $780k–$4.3M; Initial Coin Offering $1.2M–$60M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • DOS Labs — DOS stand for Decentralized Operating System. We build a blockchain gaming platform for web3.
  • KIP Protocol — KIP Protocol is a decentralised AI framework unlocking digital property rights of Knowledge Assets in the AI-powered future.
  • Cross The Ages — Cross The Ages is a universe in which fantasy and science fiction come together. The two worlds share the single continent of Artellium. To the west lies Arkhante, masters of magic and summoning. To the east, the city-continent Mantris is home to ultra-connected multicultural people whose technology has invaded everyday life.The young Malkha,surrounded by her seven Primus, reigns from the capital, Babylonia. To the west, the city-continent Mantris is home to Neurotechs, an ultra-connected multicultural people whose technology has invaded everyday life. The Amortals, humans who have transferred their minds to super-AIs, run the corporations for which the citizen-shareholders of Mantris work.
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Tilia Impact Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Mobile startups

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.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Czech Republic, Estonia, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $1.1M–$6M; Pre-Seed $132k–$1.6M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FaceUp — Whistleblowing System for companies and schools. FaceUp is an anonymous reporting channel for those who care.
  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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hypra.fund
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Estonia Mobile startups

We create the conditions for rapid company growth so the founder can focus entirely on product development.

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Investment focus

  • Industry: Software, Blockchain, FinTech
  • Stage:Seed
  • Geography: Estonia, Ukraine, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $500k–$5M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Utorg — Institutional-grade crypto infrastructure. MiCA-licensed wallet architecture, embedded on/off-ramps, and global stablecoin settlements for fintechs, exchanges, and dApps.
  • EvaCodes — We take every project personally. We treat each business idea as our own. We invest the expertise, the know-how, the entrepreneurial spirit to impart the innovative interpretation and digital embodiment to our clients’ ideas. We aim to present only solutions to clients while hiring the top IT talent to deal with unavoidable issues.Evacodesrecognizes the competitive edge of the blockchain development services market. This is just one of the multiple reasons why we go that extra mile. Every time. With every project. This is also why we keep winning tenders for mobile app and software development services. This is why we manage to keep our clients coming back with bigger projects & still live up to their high expectations. App after app again.Our major expertise in custom software development lies in the below fields:Blockchain solutions Mobile Apps development Custom Software development E-commerce Software QA & testing IoT solutions Digital transformation We are focusing on assisting to integrate digital transformation to mid-sized and growing businesses from these industries:FinTech Real estate Communication Healthcare Media Business Retail & Commerce Games & Entertainment Education
  • Trinetix inc — Trinetix is a globally trusted digital partner. We help Fortune 500 companies and fast-growing brands create a better digital future by setting impactful ideas in motion.
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Cofounder VC
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia Mobile startups

Cofounder VC aims to build an ecosystem in which two coexisting worlds can find common ground and cooperate.

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Investment focus

  • Industry: Mobile Apps, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 24
  • Round size: Seed $469k–$2.1M
  • Lead/follow: 88% lead, 12% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Aleet — Aleet has developed sophisticated systems encompassing proprietary digital twin technology for strategic fleet operational planning and advanced AI-driven routing optimization. It serves sectors such as fleet operators, e-commerce, food delivery, civil services, defense, and more.
  • Milluu — Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.We believe that things are done properly when you're personally invested. And we invest our technology & smart tools to help you find your next home or your next ideal tenant!We have created a service app that connects directly listers andtenants based on their preferences.Based on AI and ML, our Milluu Bot is the friendly face of the app, assisting you permanently in your rental journey, making suggestions for great matches and helping you close the deal.
  • SilkPLM — Managing a collection of products is a collaborative effort - which is why a single platform to manage the process, such as SilkPLM, is key to success. See for yourself!
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BullPerks
VC Fund · 1 investments in Estonia Mobile startups

BullPerks is a community of like-minded individuals who want to leverage their power and invest together in the best projects on equal terms with VCs.

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Investment focus

  • Industry: Gaming, Blockchain, Cryptocurrency
  • Stage:Seed, Initial Coin Offering, Series A
  • Geography: Lithuania, Switzerland, United Arab Emirates

Investor stats

  • Total investments: 19
  • Round size: Seed $75k–$4.2M; Series A $5M–$12M; Initial Coin Offering $3M–$10M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BugsCoin — BugsCoin is a Web3-based investment education and simulated trading platform designed to help users learn trading skills risk-free while earning rewards.
  • TrendX — TrendX is an AI-driven Web3 trend tracking and intelligent trading tool that uses massive language models and AI technologies to identify market trends.
  • The Game Company — The Game Company is to revolutionizing the gaming industry by providing a Cloud-based platform that is accessible, inclusive, and innovative.
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Lotus Capital
VC Fund · New York, New York, United States · 1 investments in Estonia Mobile startups

Lotus Capital Investments

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Investment focus

  • Industry: Cryptocurrency, Gaming, Software
  • Stage:Seed, Initial Coin Offering
  • Geography: Norway, Singapore, Egypt

Investor stats

  • Total investments: 18
  • Round size: Seed $1.3M–$18M; Initial Coin Offering $2.9M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Joystream — JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform.
  • Freyr Energy — We are a full-service Solar systems integration and solutions company. We help you with Solar System Installations for your home and business.
  • The Fashion Kingdom — Fashion, Sneakers for men, women, and kids
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Dragonfly
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile startups, 9 in the past 12 months

A cross-border cryptoasset investment firm. Global from day one.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 211
  • Round size: Seed $2.2M–$16M; Series A $6.7M–$40M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $650M in 2022

Portfolio highlights

  • Sapiom — Where agents run
  • Venice — Private & Unrestricted AI | https://t.co/iIt1pyF1TK
  • Velocity — Velocity provides a unified platform for efficiently moving and managing funds across both traditional banks and blockchains.
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Panda Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Estonia Mobile startups

Founded in 2015, Panda Capital is a new generation venture capital firm in China focused on early-stage businesses powered by innovative and disruptive technology.Panda Capital is a disciplined early-stage investor focused on companies from Angel to Series B stages and strive to become their first or the second institutional investor.We focus onfast-growing tech startups in areas including Data Driven AI Applications, Enterprise Services, Fintech, Logistics, Mobility & Transportation, and New Generation Consumer Trends.Our family of portfolio companies include: Mobike (Now as Meituan Bike), Atzuche, Mi-Me Financial, 1ziton, Intengine Technology, Xunyi (Antwork), Robot++, Aiwhale, Dr. White and Fulmz AI, etc. Panda Capital have received various awards including "2017 & 2018 China Venture Capital Firms Top 10" by Zero2IPO, “2017 China’s Best Venture Capital Firms Top 10” and “2017 China’s Best Return Venture Capital Firms Top 10” by China Venture, and “2017 China Venture Capital Firms in Sharing Economy Top 10” by 36Kr, etc.

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Investment focus

  • Industry: Blockchain, Robotics, Software
  • Stage:Seed, Series A, Angel
  • Geography: China, United States, Malta

Investor stats

  • Total investments: 56
  • Round size: Seed $1.4M–$7.9M; Angel $140k–$1.5M; Series A $1.4M–$16M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $96M in 2018

Portfolio highlights

  • Blue Protein — Blue Protein is a biotechnology company that focuses on the research and development of animal feed or edible insects.
  • Five hundred — Five hundred is an e-Commerce platform providing farm fresh fruits and vegetables to customers on a subscription basis.
  • Theia Studios — Icons of Theia - a tactical turn based strategy game
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Estonia Mobile startups

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 642
  • Round size: Post-IPO Debt $45M–$420M; Debt Financing $20M–$400M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Kuku FM — Discover the most popular audiobooks & podcasts on Kuku FM. Listen to trending shows, most-played content, and viral audio series everyone is loving.
  • Vicentin — Vicentin S.A.I.C., through its subsidiaries, operates as an agroindustrial company that manufactures and exports cereals and oilseeds.
  • Cube Highways Trust — Cube roadways Trust is utilizing the public-private partnership (PPP) model in the roadways sector to operate and manage highway projects in collaboration with the federal and state governments.
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Shima Capital
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile startups

Shima Capital is an investment fund that focuses on supporting blockchain startups. The firm is headquartered in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 293
  • Round size: Seed $1.5M–$11M; Pre-Seed $1.2M–$4.5M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Kapkap — Kapkap is a web3 platform that uses AI for attention based value distribution in gaming.
  • Almanak — Almanak is a decentralized finance (DeFi) smart agent platform that harnesses the power of artificial intelligence to automate, optimize, and intelligently manage a wide range of DeFi investment strategies. It enables users to create and deploy automated DeFi trading and risk-management strategies through coordinated AI agents. It provides anenvironment where AI handles strategy coding, backtesting across thousands of Monte Carlo simulations, optimization, risk monitoring, deployment via non-custodial Safe-based multisig accounts, and real-time performance monitoring with alerting capabilities. The platform supports seamless interaction with multiple blockchains and protocols via an LLM-powered interface.Almanak targets active DeFi participants, developers building financial applications, investment professionals, and users seeking automated portfolio insights. It emphasizes enhanced automation, continuous strategy execution, and adaptive automation driven by emerging AI techniques to respond to evolving market conditions.
  • Open Campus — The Open Campus is a community-driven protocol that leverages the power of blockchain and invites all to build the future of education by putting the power of learning back in the hands of educators, students, and the community.
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Otis Capital
VC Fund · Hanoi, NA - Vietnam, Vietnam · 1 investments in Estonia Mobile startups

Otis Capital Fund Management Company (“OCAM”) is one of the industry leaders in the field of digital asset investment in Vietnam. Licensed by the Department of Planning and Investment of Hanoi City with the field of fund management, investment portfolio management, and investment consulting services. OCAM's vision and goal is to provide themost optimal investment solutions for investors, as well as the best investment knowledge, finance, and customer care services.

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Investment focus

  • Industry: Gaming, Blockchain, Metaverse
  • Stage:Seed
  • Geography: Estonia, Singapore

Investor stats

  • Total investments: 2
  • Round size: Seed $2M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chimeras — Chimeras is a thrilling mobile game available in Google Play Market and Apple App Store. It is developed as a free-to-play and play-and-earn game with the integrated DEFI farming and NFTs.
  • Enjinstarter — Web 3.0 Entertainment, Sports, Fashion, Metaverse, Social, Gamefi & Gamified Utility
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Contriber Ventures
VC Fund · Tartu, Tartumaa, Estonia · 1 investments in Estonia Mobile startups

.Cocoon | Hubs | Investments

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Investment focus

  • Industry: Software, Apps, Music
  • Stage:Seed, Angel, Series A
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $972k–$2.1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Speakly — SPEAKLY is a powerful language learning tool
  • Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
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Avalon Wealth Club
VC Fund · Helmshore, Lancashire, United Kingdom · 1 investments in Estonia Mobile startups

Avalon Wealth Club is a dynamic group of marketing experts, blockchain veterans, real estate investors and event organizers

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Seed $1.1M–$21M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OpenPad AI — OpenPad - The 1st AI Decentralized Launchpad
  • Stabble — stabble is a protocol revolutionizing liquidity pools by introducing protocol-managed and arbitrage pools. This allows stabble to tackle critical inefficiencies prevalent within Solana's decentralized exchanges.
  • AI Cross Matrix — AI Cross Matrix is a DeFi platform that makes the crypto economy simple by streamlining the exchange process with useful solutions.
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Plug & Play
VC Fund · Munich, Bayern, Germany · 1 investments in Estonia Mobile startups

We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.

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Investment focus

  • Stage:Seed

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Pipra — PIPRA AG (Pre-Interventional Preventive Risk assessment) is developing a cutting-edge AI-based pre-operative test to assess a patient's risk of suffering from cognitive disorders after surgery.
  • Prismpop — Prismpop is a shopping community where users share their favorite products, shopping advice, product reviews, beauty secrets, fashion tips, food ideas and more.
  • Steady Technologies, Inc. — Steady Rent offers property managers solutions that share the same goal: Remove risk for property owners, boost profits for property managers, and save time with automation.
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FirePower Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Estonia Mobile startups

Navigating critical business

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Investment focus

  • Industry: Software, Financial Services, Analytics
  • Stage:Debt Financing, Private Equity
  • Geography: Canada, United States

Investor stats

  • Total investments: 28
  • Lead/follow: no public data

Portfolio highlights

  • CheckSammy — CheckSammy offers same-day, nationwide on-demand junk and bulk waste removal plus Sustainabillity, Power Washing and Open Top Dumpster services
  • Shiny Health & Wellness — Shiny Health & Wellness helps people never settle, and live fully by being a trusted source for health and wellness solutions and services.
  • Spearhead Corporate Development — The luxury of choice for acquisitive strategics and private equity firms
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HorizenNet Capital
VC Fund · San Mateo, California, United States · 1 investments in Estonia Mobile startups, 11 in the past 12 months

HorizenNet Capital (known as HorizenNet) is a conviction‑led venture capital firm based in San Mateo, California. The firm’s philosophy is to champion founders who challenge global norms and redefine markets. It focuses its capital on early‑stage investments (Seed to Series A) in artificial‑intelligence (AI), climate and energy, fintech, enterpriseSaaS and robotics. HorizenNet deploys roughly 70 % of each fund into 5–8 core investments and emphasises long‑term partnerships with founders, favouring high‑conviction, high‑variance opportunities. Its mission statement, “Together, we push the Horizen forward,” reflects a belief that AI and human expertise can solve pressing global problems.

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Investment focus

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

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • EchoLiner — EchoLiner offers cross‑lEchoLiner delivers cross-language audio-to-audio translation, voice cloning, and AI-driven modular automation that elevates manufacturing efficiency, product quality, and operational flexibility. Their cloud-native platform combines collaborative robotics, real-time production analytics, and seamless system integration,enabling factories to adapt quickly to market demands while minimizing downtime. Key capabilities include: • Modular automation cells that scale or reconfigure in minutes • AI analytics for instant quality detection & predictive maintenance • Human-safe collaborative robots that augment shop-floor teams • Zero-code dashboard for end-to-end line monitoring and optimization EchoLiner is headquartered in California and serves manufacturers worldwide seeking Industry 4.0 agility and multilingual enterprise communication tools.
  • Tensorevo LLC — TensorEvo provides an end-to-end platform for automated visual inspection. They ingest multi-source image/video data, streamline annotation with active learning and synthetic data, and train optimized CV models. One-click deploy to edge or cloud with real-time monitoring, 99.9% uptime SLA. Trusted by 500+ enterprises and used to process 10M+images.
  • Genesis AI — Genesis AI operates as a physical AI lab and full-stack robotics company.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile startups

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

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Investment focus

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

Investor stats

  • Total investments: 62
  • Lead/follow: no public data

Portfolio highlights

  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • Vocal Image — Join 4M+ Vocal Image users to improve your communication skills in just minutes. Discover your voice type, boost confidence & speak better. Try now.
  • Better Medicine — Utilising AI to transform cancer diagnostics and radiology workflows for improved efficiency and patient outcomes.
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G-FUND
VC Fund · Munich, Bayern, Germany · 1 investments in Estonia Mobile startups

We are a cross over of generations. Combining the wisdom of investing with the stamina to accelerate models for the new consumer. Our focus are next-gen consumer businesses in the areas of nutrition & food, digital health & wellness, clean beauty & cosmetics, sustainable fashion & clothing, as well as digital education.

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Investment focus

  • Industry: Wellness, Health Care, Food and Beverage
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, Switzerland

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • XOXO Soda — XOXO Soda is a plant-based drink with prebiotic fiber that is low in sugar and calories.
  • Vocal Image — Join 4M+ Vocal Image users to improve your communication skills in just minutes. Discover your voice type, boost confidence & speak better. Try now.
  • dsb Deutsche Sanierungsberatung — dsb Deutsche Sanierungsberatung provides easy and sustainable solutions for climate-friendly homes energy-efficient renovations for homeowners.
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Connect Ventures
VC Fund · London, England, United Kingdom · 1 investments in Estonia Mobile startups

We've been investing in pre-seed and seed stage product companies since 2012, from our home in London.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 156
  • Round size: Seed $669k–$6M; Pre-Seed $1.2M–$3.9M; Series A $5M–$55M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $80M in 2023

Portfolio highlights

  • ONE FIIT — Fiit offers a real-time performance feedback and live leader boards that allows users to challenge their friends from around the world.
  • Torg — Torg puts the largest base of suppliers in F&B at the fingertips of buyers with an intuitive SaaS to simplify sourcing.
  • MedAll — MedAll is a training platform for healthcare professionals and students: a 'virtual medical school'. MedAll enables healthcare organisations to deliver and store their training courses, conferences and teaching sessions in one place - and to share that training with the healthcare community internationally.
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Toggl
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile startups

The world's best time tracking software. Track employee time, send beautiful client reports, and calculate profitability. Free and paid plans to save you time.

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Investment focus

  • Industry: Apps, Mobile, Database
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
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DEPO Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Mobile startups

DEPO Ventures is an angel network and VC (Grouport and DEPO Angels Fund II), which connects world of startups and investors.

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Investment focus

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

Investor stats

  • Total investments: 74
  • Round size: Seed $564k–$4.3M; Pre-Seed $300k–$1.3M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Tapaya — Software infrastructure that turns any device into a payment terminal. For developers who need to ship fast without becoming payments experts.
  • Readmio — You read aloud, we add sounds. Magical mobile app for Android and iOS.
  • WanderWallet — Pay with Pix in Brazil, Mercado Pago in Argentina, QR in Bolivia, without a local bank account. Fund with USD or EUR, scan QR codes, pay instantly. No ATM fees.
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Play Ventures
VC Fund · Grand Cayman, Midland, Cayman Islands · 1 investments in Estonia Mobile startups

Play Ventures is a venture funding that invests globally in games and game services startups.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Finland, United Kingdom

Investor stats

  • Total investments: 141
  • Round size: Seed $1.5M–$9.9M; Pre-Seed $700k–$3.5M; Series A $6.1M–$26M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • geoSurge — Customers don't search. They ask.
  • Arya — Arya is building the Couples Wellness category, poised to become the next billion-dollar cornerstone in the global wellness market.Couples are falling into routine and many are experiencing increased loneliness. While billions are spent on fitness, mindfulness, and sleep, emotional and physical intimacy is often neglected. We invest in swipingfor the right partner and then trying to fix it (or spend a fortune divorcing them)... but not much in between.Arya's AI concierge makes it radically easy for couples to invest in their relationship and love life, both inside and outside the bedroom - a crucial ingredient to a successful relationship.
  • PvX Partners — PvX Partners is a platform designed to help consumer apps scale. PvX Capital is our first line of services focused on cohort financing: fast, flexible capital without the risk and drawbacks of traditional equity or debt. PvX Capital enables you to scale marketing spends meaningfully without the worry of equity dilution or loan defaults. PvX is alsodeveloping an operating system for growth — a unified platform enabling incremental ROAS. A single integration that will grant you access to the industry’s most useful tools proven to help consumer businesses scale.
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DOJUS group
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Mobile startups

Group of companies engaged in heavy machinery distribution, real estate and financial investments

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Investment focus

  • Industry: B2B, Mobile, Software
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Walk15 — Walk15 sustainable walking platform helps engage employees in active mobility and improve companies' ESG reports. Walk15 combines the Sustainable Activity Platform - a tool offering B2B clients annual subscriptions to activate their employees and monitor social impact data for ESG reports - and #walk15 app for B2B clients to buy Step Walletsubscriptions to promote their products and services within the app.
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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Concentric
VC Fund · London, England, United Kingdom · 1 investments in Estonia Mobile startups

We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter.

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Investment focus

  • Industry: Financial Services, Software, Bitcoin
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 96
  • Round size: Seed $849k–$5.8M; Series A $1.7M–$25M; Series B $1.6M–$225M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pockit — Open a prepaid account in 3 minutes online or in-app, get your contactless prepaid card in 2 working days with no credit check.
  • Visium — We help companies unlock transformative and sustainable impact through artificial intelligence; delivering enterprise AI strategy, platforms & MLOps that scale securely and drive measurable ROI.
  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
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Wiser Financial Advisors
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile startups

Wiser Financial Advisors is a private investment company focusing mainly on early stage and seed investments. However, companies in need of restructuring and turn-around are also interesting for us. Potential green-field investments can be considered on case by case basis.

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Investment focus

  • Industry: Software, Apps, Music
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia, Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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Hyde Park Venture Partners
VC Fund · Chicago, Illinois, United States · 1 investments in Estonia Mobile 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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Mana Ventures
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile 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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Intel Capital
VC Fund · Santa Clara, California, United States · 1 investments in Estonia Mobile startups

Intel Capital invests in innovative startups targeting cloud and AI infrastructure, edge, 5G, autonomy, cybersecurity, client & gaming, enterprise applications, silicon design and manufacturing, and a wide range of other disruptive technologies.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series B, Series A, Series C
  • Geography: United States, Israel, China

Investor stats

  • Total investments: 1002
  • Round size: Series A $4.1M–$35M; Series B $7.4M–$53M; Series C $7M–$99M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Paxata — The DataRobot End-of-Life (EOL) policy helps manage product lifecycle phases in a way that is transparent and clear for customers who will seamlessly transition to a new product or service.
  • FlowPlay — FlowPlay is the company behind the most powerful immersive gaming platform for casual and sports games, virtual worlds and social casinos. A developer, operator and publisher, FlowPlay serves both consumers and businesses with engaging online and mobile free-to-play experiences. Partners turn to FlowPlay for its extensive multiplayerinfrastructure, industry-leading monetization rates and proven track record helping businesses launch custom-branded online games. FlowPlay’s consumer products include ourWorld, one of the most popular teen virtual worlds, and Vegas World, the industry’s most engaging multiplayer social casino. Together, they have been played by a loyal community of more than 75 million users around the world. FlowPlay dominates a cross-section of industries including online and mobile games, fantasy sports and casinos – consistently creating opportunities in high-growth and emerging markets. Based in Seattle, FlowPlay was founded in 2006 and is primarily funded by Intel Capital and the creators of Skype.
  • Real Image Media Technologies — Real Image Media Technologies is India’s leading provider of technology in the film, video and audio domains and has pioneered several technology revolutions over the last 20 years. Established in 1986, the company was instrumental in bringing computer-based digital non-linear editing to India with Avid Technology, transforming the industryand forever changing the way Indian film and television programs were edited.
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Mobile VC funding in Estonia at a glance

Stats across 23 deals from 31 investors.

31
investors
in Estonia Mobile startups
23
deals
in Estonia Mobile startups
$227k
median round
in Estonia Mobile startups
39%
lead investors
lead at least one round
52%
Seed
most common funding stage

Access all 31 VC funds in Estonia Mobile startups.

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