# Top 50 Software VC (Venture Capital) Funds in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Specialist VC | 22 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Tera Ventures | 22 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Artificial Intelligence |
| Superangel | 19 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Icebreaker.vc | 16 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Lemonade Stand | 15 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| Thorgate Ventures | 13 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech |
| Change Ventures | 12 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Spring Capital | 10 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce |
| Prototron | 9 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| TMT Investments | 8 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media |
| Karma Ventures | 7 | Estonia, United States, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, FinTech |
| EstBAN | 6 | Estonia, Lithuania, Latvia | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing |
| Trind Ventures | 6 | Finland, Estonia, Spain | Seed, Series A | Software, Information Technology, SaaS |
| Gorilla Capital | 6 | Finland, Sweden, Estonia | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology |
| LIFT99 | 5 | Estonia, United Kingdom, El Salvador | Pre-Seed, Seed, Series A | Software, Information Technology, Legal |
| Earlybird Venture Capital | 5 | Germany, United States, United Kingdom | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence |
| BADideas.fund | 5 | Estonia, Latvia, Lithuania | Pre-Seed, Seed, Grant | Software, Information Technology, Artificial Intelligence |
| Token Ventures | 4 | Estonia, France, Austria | Seed, Pre-Seed | Blockchain, Cryptocurrency, FinTech |
| Tiny Supercomputer Investment Company | 4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Presto Ventures | 4 | Czech Republic, United States, Estonia | Seed, Pre-Seed, Series A | SaaS, Software, Information Technology |
| Passion Capital | 4 | United Kingdom, United States, Germany | Seed, Series A, Series B | Software, FinTech, Financial Services |
| TechOne VC | 4 | Turkey, United States, Estonia | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Tiny VC | 4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Zenith Family Office | 4 | Estonia, United States | Pre-Seed | SaaS, Commercial Real Estate, B2B |
| Contriber Ventures | 4 | Estonia, Finland, Germany | Seed, Angel, Series A | Software, Apps, SaaS |
| Creandum | 3 | Sweden, Germany, United States | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence |
| Mapleblock Capital | 3 | Singapore, United States, Estonia | Seed, Series A | Blockchain, Cryptocurrency, Gaming |
| Expansion Capital | 3 | Latvia, United States, Norway | Seed, Debt Financing | Manufacturing, Logistics, Transportation |
| New Nordic Ventures | 3 | Latvia, Estonia, Georgia | Pre-Seed, Seed | Software, Computer Vision, Machine Learning |
| Morgan Creek Digital | 3 | United States, Canada, Israel | Seed, Series A, Series B | Blockchain, FinTech, Financial Services |
| Insta Ventures | 3 | United States, Estonia, France | Seed, Pre-Seed, Series A | Software, E-Commerce, Advertising |
| Contrarian Ventures | 3 | Lithuania, United Kingdom, France | Seed, Series A, Pre-Seed | Software, Renewable Energy, Energy |
| Iron Wolf Capital | 3 | Lithuania, Estonia, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS |
| Inventure | 3 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care |
| Ukrainian Startup Fund | 3 | Ukraine, United States, Estonia | Pre-Seed, Grant, Seed | Software, Information Technology, SaaS |
| Union Square Ventures | 3 | United States, United Kingdom, Canada | Series A, Series B, Seed | Software, Financial Services, FinTech |
| OpenOcean | 3 | Finland, United States, United Kingdom | Series A, Series B, Seed | Software, Information Technology, SaaS |
| ZAKA VC | 3 | United States, Germany, United Kingdom | Seed, Pre-Seed | Artificial Intelligence, Software, Information Technology |
| Metaplanet | 3 | United States, United Kingdom, Estonia | Seed, Series A, Series B | Artificial Intelligence, Software, Health Care |
| Atomico | 3 | United Kingdom, United States, Germany | Series A, Series B, Series C | Software, Artificial Intelligence, Information Technology |
| LD Capital | 3 | United States, Singapore, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Gaming |
| BSV Ventures | 3 | Lithuania, Estonia, Spain | Pre-Seed, Seed | Software, Aerospace, Analytics |
| Gateway Ventures | 3 | Germany, Austria, Estonia | Seed, Series A | Software, Information Technology, Apps |
| Neosfer | 3 | Germany, United Kingdom, Estonia | Seed, Series A | Software, SaaS, FinTech |
| The Spartan Group | 3 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Software |
| Big Brain Holdings | 3 | United States, Singapore, United Kingdom | Seed, Pre-Seed | Blockchain, Cryptocurrency, Gaming |
| Second Century Ventures | 3 | United States, Australia, Canada | Seed, Series A | Real Estate, Software, FinTech |
| Conor Venture Partners | 2 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor |
| u.ventures | 2 | United States, Germany, United Kingdom | Seed, Pre-Seed | E-Commerce, Software, Artificial Intelligence |
| Global Founders Capital | 2 | United States, Germany, United Kingdom | Seed, Series A, Pre-Seed | Financial Services, Software, FinTech |

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co