# HD Forest

> HD Forest is a VC fund in Tartu. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tartu, Estonia
- Total investments: 1
- Last investment: Sep 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/showcase/hd-forests/
- Website: https://www.hdforest.com/

HD Forest is a forestry consulting firm that offers forest investment management services for private and institutional investors.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| KappaZeta | KappaZeta provides services for interpreting radar satellite data to assist farmers in increasing profitability and improving the quality of agricultural products. | $517.8K | Seed | Sep 01, 2023 |  |

1 of 1 investments shown.

## Co-investors
- [Ambient Sound Investments](https://shizune.co/investors/profile/ambient-sound-investments) — VC Fund, 1 deal together
- [Estonian Business School](https://shizune.co/investors/profile/estonian-business-school) — VC Fund, 1 deal together
- [Estonian Research Council](https://shizune.co/investors/profile/estonian-research-council) — VC Fund, 1 deal together
- [NATO Cooperative Cyber Defence](https://shizune.co/investors/profile/nato-cooperative-cyber-defence) — VC Fund, 1 deal together
- [Sixfold](https://shizune.co/investors/profile/sixfold) — VC Fund, 1 deal together
- [Starship Technologies](https://shizune.co/investors/profile/starship-technologies) — VC Fund, 1 deal together

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## Featured in investor lists
- [Agriculture (agtech) VC Funds in Estonia](https://shizune.co/investors/agriculture-agtech-vc-funds-estonia)

## FAQ

### When did HD Forest last invest?

The most recent investment recorded for HD Forest closed in Sep 2023. Shizune tracks 1 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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