Top 5 Retail VC (Venture Capital) Funds in Estonia in September 2025
A list of 5 VC (Venture Capital) funds that invest in Retail startups based in Estonia. We rank investors based on the number of investments they made in Retail companies from Estonia. We update this investor list every month.Top 5 Retail VC (Venture Capital) Funds in Estonia in September 2025
Investor | Retail Estonia investments |
---|---|
Tera Ventures | 2 |
United Partners | 1 |
EstBAN | 1 |
ZAKA VC | 1 |
Superangel | 1 |
Tera Ventures is an international investment firm based in Estonia.
Show more
Investment focus
- Software, E-Commerce, Artificial Intelligence
- Seed, Series A, Pre-Seed
- Estonia, United States, United Kingdom
Portfolio highlights
- BlackWall — Protect your web site from hacking, content theft, crawling, and cloning!
- 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!
- 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.
United Partners Group is an investment company, active since 2003, offering to its corporate clients financial advisory, investment and asset management services.
Show more
Investment focus
- Retail, Software
- Seed
- Estonia
Portfolio highlights
- Cloutex — Cloutex is a data logistics company that allows businesses to synchronize, move and manage their data quickly and easily. Their Google Chrome extension - Cloutex for Chrome enables users to move LinkedIn data available on public profiles into a Customer Relationship Management (CRM) platform.
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
Show more
Investment focus
- Software, Information Technology, Manufacturing
- Seed, Pre-Seed, Angel
- Estonia, Latvia, Lithuania
Portfolio highlights
- Esgrid — One platform to onboard, evaluate and engage suppliers. Remove the countless hours spent on individual forms and spreadsheets by automating supplier evaluation with Esgrid, from onboarding to managing supply chain sustainability.
- Cuploop — Using RFID technology, our Smart Kiosk offers efficiency & security. Going circular has never been so easy.
- 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.
ZAKA Startups is a private pre-seed and seed venture capital company. It is focused on early-stage software driven investments across the whole EU with primary focus on CEE, DACH and Baltics. ZAKA operates primarily from Prague and Bratislava with scouts in Berlin and Baltic region.
Show more
Investment focus
- Software, Information Technology, Artificial Intelligence
- Seed, Pre-Seed, Funding Round
- Germany, United Kingdom, Austria
Portfolio highlights
- Olio Labs — Olio Labs utilizes AI for combo therapeutics, optimizing and minimizing side effects through automated discovery of protein interactions.
- Bluejay AI — Bluejay is the platform for AI agent quality assurance. Reducing development processes from days to minutes, preventing performance regressions, and identifying issues before entering production.
- Sygaldry Technologies — Sygaldry Technologies is a tech company building quantum-accelerated AI servers to exponentially speed up AI training and inference.
Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io
Show more
Investment focus
- Artificial Intelligence, Software, Information Technology
- Seed, Pre-Seed, Series A
- Estonia, United States, Finland
Portfolio highlights
- Project Q — Empower Our Sovereign Futures
- Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
- Labrys Technologies — Visualise & Coordinate Your People. Securely. Anywhere. In Real-Time.
Investors by industry
Google
Marketplace
Hardware
Energy
Proptech
Health Care
Biotech
Artificial intelligence
Climate
Consumer
Community
Impact
Gaming
FinTech
EdTech
Sustainability
Venture Capital
Big Data
Web3
B2B
Financial Services
Finance
Infrastructure
Education
Photography
Payments
Food and Beverage
Video Games
Organic Food
Retail
Beauty
Publishing
Clean Energy
Real Estate
Manufacturing
Art
Music
Android
Internet
Enterprise Software
eSports
Franchise
Sports
Construction
Digital Media
Email
Medical
Social Network
Wellness
Social Media
Mobile
Legal
Local
Recruiting
Cannabis
Platforms
Fitness
Travel
Mobile Advertising
Biotechnology
Hospitality
Social
Automotive
Crowdfunding
Wine And Spirits
Medical Device
CleanTech
Transportation
Mobile Apps
InsurTech
Enterprise
LGBT
Fashion
Oil and Gas
Life Science
Theatre
Film
Non Profit
Renewable Energy
SaaS
Sporting Goods
Restaurants
Social Impact
Software
Celebrity
Cryptocurrency
Machine Learning
Agriculture (agtech)
Media (entertainment)
Facebook
Blockchain
Investors by country
United Kingdom
Canada
South Korea
Ireland
United States
New Zealand
India
Germany
Australia
Armenia
South Africa
Spain
Japan
Africa
China
Sri Lanka
Singapore
Qatar
Asia
Indonesia
Vietnam
Oceania
LATAM
Middle East
Europe
Saudi Arabia
Brazil
Bulgaria
Belize
Bahrain
Croatia
Georgia
Belarus
Hungary
France
Ghana
Ethiopia
Gibraltar
Chile
Egypt
Finland
Costa Rica
Greece
Barbados
Belgium
Estonia
Bermuda
Czech Republic
Denmark
Algeria
Hong Kong
Ecuador
Faroe Islands
Liechtenstein
Liberia
Lebanon
Mauritius
Peru
Norway
Israel
Malaysia
Mexico
Nicaragua
Jersey
Panama
Morocco
Mali
Lithuania
Italy
Philippines
Kuwait
Malta
Myanmar
Sierra Leone
El Salvador
Uganda
Venezuela
Sweden
Slovenia
Poland
Uruguay
Ukraine
Tajikistan
Puerto Rico
Portugal
Tunisia
Taiwan
Tanzania
Turkey
San Marino
Senegal
Togo
Uzbekistan
Serbia
Russian Federation
Zambia
Rwanda
Zimbabwe
Thailand
Dominican Republic
Azerbaijan
Iceland
Nigeria
United Arab Emirates
Bahamas
Namibia
Iraq
Honduras
Isle of Man
Jamaica
Bolivia
Pakistan
Luxembourg
Albania
Grenada
Jordan
Romania
Bangladesh
Argentina
Kazakhstan
Cayman Islands
Kenya
Oman
Cambodia
Latvia
Cyprus
Austria
Switzerland
Cameroon
Colombia
Guatemala
Seychelles
Marshall Islands
VC (Venture Capital) Funds in Estonia by industry
Travel
Financial Services
Big Data
Cryptocurrency
Finance
Food and Beverage
Payments
Medical
Medical Device
Transportation
Internet
Manufacturing
Mobile
Blockchain
Construction
Software
Sports
Automotive
FinTech
Recruiting
Enterprise
Consumer
Health Care
Biotech
Sustainability
EdTech
Climate
Energy
SaaS
Proptech
Impact
Crowdfunding
Marketplace
Artificial intelligence
Community
Hardware
Gaming
Mobile Apps
Retail
Fashion
Infrastructure
B2B
Web3
Renewable Energy
Education
Real Estate
CleanTech
Biotechnology
Media (entertainment)
Agriculture (agtech)
Social Impact
Machine Learning
Enterprise Software
Hospitality