# Estonian venture capital

> Estonian venture capital is a VC fund in Tallinn backing Energy, Software and CleanTech. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tallinn, Estonia
- Total investments: 2
- Last investment: Apr 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/estonian-private-equity-&-venture-capital-association-estvca-
- Website: http://www.estvca.ee
- Facebook: https://www.facebook.com/estvca

Estonian venture capital is a VC fund in Tallinn focused on Energy and Software. Estonian venture capital provides support to entrepreneurs, fund managers, institutional investors.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 50% |
| Software | 1 | 50% |
| CleanTech | 1 | 50% |
| Automotive | 1 | 50% |
| Manufacturing | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 1 | 50% |
| Series A | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Esgrid | Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions. | $1M | Pre-Seed | Apr 16, 2025 |  |
| Skeleton Technologies | Skeleton Technologies is a manufacturer and developer of high-energy and high-power-density ultracapacitors based on patented curved graphene material. The company delivers high-power and high-energy storage solutions across the industry.The company's ultracapacitors deliver twice the energy density and four times the power density offeredby other manufacturers. The company's current customer base includes engineering companies, the European Space Agency, and several Tier 1 automotive manufacturers. | $5.2M | Series A | Jul 31, 2014 |  |

2 of 2 investments shown.

## Co-investors
- [2C Ventures](https://shizune.co/investors/profile/2c-ventures) — VC Fund, 1 deal together
- [Greenco Ventures](https://shizune.co/investors/profile/greenco-ventures) — VC Fund, 1 deal together
- [Lemonade Stand](https://shizune.co/investors/profile/lemonade-stand-19b2) — VC Fund, 1 deal together
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 1 deal together
- [UP Invest](https://shizune.co/investors/profile/up-invest) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

### Similar country
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund
- [Tera Ventures](https://shizune.co/investors/profile/tera-ventures) — VC Fund

## Featured in investor lists
- [Climate VC Funds in Estonia](https://shizune.co/investors/climate-vc-funds-estonia)
- [Sustainability Investors in Estonia](https://shizune.co/investors/sustainability-investors-estonia)
- [Impact Investors in Estonia](https://shizune.co/investors/impact-investors-estonia)
- [Impact VC Funds in Estonia](https://shizune.co/investors/impact-vc-funds-estonia)
- [CleanTech VC Funds in Estonia](https://shizune.co/investors/cleantech-vc-funds-estonia)
- [Manufacturing Investors in Estonia](https://shizune.co/investors/manufacturing-investors-estonia)

## FAQ

### What does Estonian venture capital invest in?

Estonian venture capital invests primarily in Energy, Software and CleanTech startups, most often at Pre-Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Estonian venture capital last invest?

The most recent investment recorded for Estonian venture capital closed in Apr 2025. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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