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Top 5 Social Impact VC Funds & Investors in Estonia (June 2026)

The most active venture capital funds investing in Estonia Social Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Social Impact startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Mercurio
VC Fund
1 Estonia Angel Communities, Open Source, Social Impact
Change Ventures
VC Fund
1 Estonia, Lithuania, United States Seed, Pre-Seed, Series A Software, Information Technology, Apps
Enabling Future
VC Fund
1 United Arab Emirates, United States, The Netherlands Seed, Angel Software, Information Technology, Health Care
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech
Arteel Ventures
VC Fund
1 Finland, Estonia, United States Seed, Angel CRM, Mobile Apps, Innovation Management
Access all 5 VC funds in Estonia Social Impact startups.

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Mercurio
VC Fund · 1 investments in Estonia Social Impact startups

Mercurio is specialized in sleep-disordered breathing devices sales in Baltic states.

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Investment focus

  • Industry: Communities, Open Source, Social Impact
  • Stage:Angel
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Guaana — Your next hackathon, without the hassle. Built for speed and minimal human errors.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Social Impact startups, 7 in the past 12 months

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, Lithuania, United States

Investor stats

  • Total investments: 46
  • Lead/follow: no public data

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
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Enabling Future
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Estonia Social Impact startups

Enabling Future (EF) is a sector agnostic, family office backed Venture Capital firm head quartered in Dubai. EF provides seed and early stage funding to entrepreneurs who challenge conventional wisdom and look to create true disruption. Our goal is to enable entrepreneurs to build companies of the future. We provide our portfolio companies withcapital, experience, strategy and network.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Angel
  • Geography: United Arab Emirates, United States, The Netherlands

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • NÜWATER — NÜWATER was born out of a desire to combat the harmful impact that plastic bottles have on our environment today. With approximately 8 million tonnes of plastic ending up in the ocean every year, NÜWATER is a recyclable alternative to plastic bottled water. We'd like to put the UAE at the forefront of driving sustainability, to ensure ourfuture generations live in a cleaner, healthier, plastic free world. NÜWATER is sourced from an artesian spring 500 meters underground, one of the deepest springs in the world. Filtered through rich volcanic rock, NÜWATER supplies the body with essential minerals for life. In comparison to desalinated water - a process that is highly energy intensive, removes all the minerals and produces toxic waste in the process. We are proud to say our manufacturing process is 100% Carbon Neutral. We aim to be a Carbon Net Positive company by 2023. see less
  • Trifacta — Trifacta has joined Alteryx to help customers and partners bring even more value to their businesses, powered by breakthrough data analytic insights.
  • Volt Lines — Launched in April of 2018, Volt Lines is a subscription-based transportation network currently serving corporate customers in Istanbul, Turkey. A Volt Lines account gives its user access to unlimited rides on the ever-growing Volt Lines network of micro-transit.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Estonia Social Impact startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 131
  • Lead/follow: no public data

Portfolio highlights

  • Terraa — Terraa is a B2B distribution platform in Moroccan.
  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.
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Arteel Ventures
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Estonia Social Impact startups

Arteel Ventures is a fully independent and invests from its balance sheet. As an investment vehicle, we are focused on innovative early stage start-ups with capable management team and disruptive idea in areas of internet, mobile device based services and solutions. We make investments between 25.000 – 150.000 €.Arteel Ventures is not a fund, sowe don’t have a need to stamp any sell before dates to company we invest in. We invest not only equity but also our time, knowledge and network to the use of our portfolio companies. Our investment approach is active and hands-on, as is our approach to ownership. We believe in independence, openness and clarity when partnering with entrepreneur-driven management teams.

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Investment focus

  • Industry: CRM, Mobile Apps, Innovation Management
  • Stage:Seed, Angel
  • Geography: Finland, Estonia, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Guaana — Your next hackathon, without the hassle. Built for speed and minimal human errors.
  • Wellness Foundry — MealLogger, your photo food journal and nutrition network, is the fast and easy way to keep track of your personal wellness. App available on iOS and Android
  • EatAndTheCity — EatAndTheCity helps international newspapers, magazines, local media & food guides monetise the influence of their content. We enhance the communication between local communities and local media. Their revenue generating restaurant journalism platform for media companies allows users to not only discover but to reserve gastronomic experiences.EatAndTheCity’s white label platform already collaborates with leading companies in Finland and Estonia and Germany. Media and publishing companies are able to leverage their connection with local communities to generate new revenue streams. Combining these features and the business model in cooperation with local media companies differentiates us from the competitors.
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