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Top 40 Transportation VC Funds & Investors in Estonia (July 2026)

The most active venture capital funds investing in Estonia Transportation startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Transportation startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Superangel
VC Fund
7 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Thorgate Ventures
VC Fund
5 Estonia, United Kingdom, Norway Seed, Pre-Seed, Series A Software, SaaS, FinTech $22k–$3.4M
Specialist VC
VC Fund
4 Estonia, United Kingdom, Finland Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $240k–$6.6M
Metaplanet
VC Fund
3 United States, United Kingdom, Estonia Seed, Series A, Series B Artificial Intelligence, Software, Health Care $2.6M–$62M
Expansion Capital
VC Fund
3 Latvia, United States, Norway Seed, Debt Financing Manufacturing, Logistics, Transportation $125k–$713k
Contrarian Ventures
VC Fund
3 Lithuania, United Kingdom, France Seed, Series A, Pre-Seed Software, Renewable Energy, Energy $55k–$23M
Spring Capital
VC Fund
2 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $439k–$8.2M
Bellone Invest
VC Fund
2 Estonia, Singapore, United States Pre-Seed, Angel, Convertible Note Software, SaaS, Music $130k–$300k
SpeedUp Venture Capital Group
VC Fund
2 Poland, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $71k–$12M
BADideas.fund
VC Fund
2 Estonia, Latvia, Lithuania Seed, Pre-Seed, Grant Software, Information Technology, Artificial Intelligence $110k–$4.6M
Funderbeam
VC Fund
2 Estonia, United Kingdom Seed, Pre-Seed, Equity Crowdfunding Apps, FinTech, Software $549k–$2M
Sunly
VC Fund
2 Estonia, France, Finland Seed, Pre-Seed, Series A Solar, CleanTech, Rental $329k–$4.3M
Lemonade Stand
VC Fund
2 Estonia, Lithuania, India Seed, Pre-Seed Software, Artificial Intelligence, FinTech $227k–$3M
Superhero Capital
VC Fund
2 Finland, Lithuania, Estonia Seed, Pre-Seed, Series A Software, Information Technology, Internet $212k–$8.2M
TMT Investments
VC Fund
1 United States, Estonia, United Kingdom Seed, Series A Software, SaaS, Social Media $250k–$10M
Correlation Ventures
VC Fund
1 United States, Canada, Estonia Seed, Series A, Series B Software, Health Care, Information Technology $1.2M–$41M
Sberbank
VC Fund
1 Russian Federation, United States, The Netherlands Seed, Corporate Round Internet, Information Technology, Software $30k–$250k
Bain Capital
VC Fund
1 United States, India, China Private Equity, Series A Software, Health Care, Financial Services $5M–$700M
Lux Capital
VC Fund
1 United States, United Kingdom, Canada Series A, Seed, Series B Software, Artificial Intelligence, Health Care $1.8M–$193M
Initialized Capital
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, SaaS, Artificial Intelligence $1.5M–$67M
RubyLight
VC Fund
1 Estonia, Germany, United Kingdom Seed, Series A, Pre-Seed Apps, Mobile, E-Commerce $1.5M–$6.6M
PULSAR
VC Fund
1 Russian Federation, United States, Ireland Seed, Pre-Seed Software, Internet, Information Technology $52k–$3M
HEM ANGELS
VC Fund
1 India, United Kingdom, Estonia Seed, Series A, Venture - Series Unknown Financial Services, Apps, Education $1k–$3M
Atomico's Angel Programme
VC Fund
1 Estonia, Germany, Norway Pre-Seed, Seed, Angel Software, B2B, SaaS $45k–$1.6M
F+ Ventures
VC Fund
1 Turkey, United States, Israel Seed, Series A, Pre-Seed Software, Automotive, Manufacturing $810k–$2.7M
Angelsdeck Global Ventures
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Education $80k–$6M
Vestman Energia
VC Fund
1 Estonia Seed, Pre-Seed Water, Software, CleanTech $531k–$1.7M
Ambient Sound Investments
VC Fund
1 Estonia, United States, United Kingdom Seed, Series A Internet, Software, E-Commerce $200k–$3.7M
Tera Ventures
VC Fund
1 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Artificial Intelligence $120k–$13M
Prototron
VC Fund
1 Estonia, Finland, Germany Pre-Seed, Grant, Seed Software, Manufacturing, Internet of Things $3k–$27k
UP Invest
VC Fund
1 Estonia Series A Energy, CleanTech, Automotive
Estonian venture capital
VC Fund
1 Estonia Pre-Seed, Series A Energy, Software, CleanTech
Concentric
VC Fund
1 United Kingdom, United States, Germany Seed, Series A, Series B Financial Services, Software, Bitcoin $1.1M–$225M
SQM Lithium Ventures
VC Fund
1 Chile, Estonia, Germany Series A, Seed, Grant Electric Vehicle, Solar, Water $285k–$12M
Stagnation Lab
VC Fund
1 Estonia Angel SaaS, Software, Procurement
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Series B Financial Services, Finance, FinTech
Kaleo Ventures
VC Fund
1 Nigeria, Kenya, United States Pre-Seed, Seed, Series A Information Technology, Financial Services, Artificial Intelligence $25k–$15M
Gi21 Capital
VC Fund
1 Czech Republic, Estonia, United Kingdom Seed, Pre-Seed, Series A Software, Online Portals, Cloud Data Services $499k–$32M
Frumtak Ventures
VC Fund
1 Iceland, Estonia, United States Seed, Series A Software, Information Technology, SaaS $974k–$20M
EstBAN
VC Fund
1 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $197k–$2.2M
Access all 112 VC funds in Estonia Transportation startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 7 investments in Estonia Transportation startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 78
  • Round size: Seed $767k–$6.6M; Pre-Seed $165k–$2.2M; Series A $5.3M–$20M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
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Thorgate Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 5 investments in Estonia Transportation startups

We invest both capital and our know-how into startups. Join us and let's change the world

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United Kingdom, Norway

Investor stats

  • Total investments: 23
  • Round size: Seed $22k–$713k; Pre-Seed $133k–$478k; Series A $2.1M–$3.4M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Coursy.io — Make employee development more effective with LMS powered by Learning Design
  • Waybiller — Bulk TMS solution for end-to-end management: Waybiller transforms your logistics operations, allowing you to handle bulk shipments with precision and speed. The Best E-waybill Software & Bulk TMS Solution
  • Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Transportation startups, 10 in the past 12 months

United Angels VC is an early stage venture capital fund based in Estonia.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, Finland

Investor stats

  • Total investments: 69
  • Round size: Seed $587k–$6.6M; Pre-Seed $240k–$2.2M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $55M in 2022

Portfolio highlights

  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
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Metaplanet
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Transportation startups

an early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors. We back mission-driven founders working on positively disruptive deep technologies.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 105
  • Round size: Seed $2.6M–$13M; Series A $5.9M–$43M; Series B $23M–$62M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Kopra Bio — Cancer immunotherapy that turns cancer cells into biofactories minting their own destruction.
  • Zama — Secure data privacy of your application with the Zama Concrete framework and its fully homomorphic encryption library
  • Inherent — Inherent aims to establish the blueprint for AI-native science while investigating the boundaries of scientific inquiry.
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Expansion Capital
VC Fund · Riga, Riga, Latvia · 3 investments in Estonia Transportation startups

Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.

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Investment focus

  • Industry: Manufacturing, Logistics, Transportation
  • Stage:Seed, Debt Financing
  • Geography: Latvia, United States, Norway

Investor stats

  • Total investments: 40
  • Round size: Seed $200k–$713k; Debt Financing $125k–$246k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
  • Willow Wealth — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.
  • FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Estonia Transportation startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Renewable Energy, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, France

Investor stats

  • Total investments: 55
  • Round size: Seed $274k–$8M; Pre-Seed $55k–$4M; Series A $1.7M–$23M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Fusebox Energy — Fusebox is a bridge between consumers and energy markets to save on energy costs and reduce CO2.
  • Inion software — Renewable energy infrastructure provider (PV plant management, PV park SCADA racks, battery and EV charging integration and control)
  • Thrust — Intelligent UAV Systems for Aerial Diagnostics Services
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Transportation startups

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 24
  • Round size: Seed $439k–$2.4M; Pre-Seed $500k–$580k; Series A $7M–$8.2M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $3.9M in 2018

Portfolio highlights

  • Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
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Bellone Invest
VC Fund · 2 investments in Estonia Transportation startups

Bellone Invest is founded by Thomas Padovani, focusing on private investments & other investment areas. Including centralized traded and Private Equity.

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Investment focus

  • Industry: Software, SaaS, Music
  • Stage:Pre-Seed, Angel, Convertible Note
  • Geography: Estonia, Singapore, United States

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $130k–$300k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
  • WiseDrive — More information about: "Frontpage&quot by offiial website Aviator site.
  • Yugo — Yugo offers private aviation charter services in Southeast Asia. We
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SpeedUp Venture Capital Group
VC Fund · Poznan, Wielkopolskie, Poland · 2 investments in Estonia Transportation startups

We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon.We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Germany, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $135k–$4.3M; Pre-Seed $71k–$500k; Series A $2.1M–$12M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2018

Portfolio highlights

  • PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Okazjum.pl — Okazjum.pl is a leading Polish site for local search and local promotion search. The company enables users to look for the best local sales online, search brochures of local retailers and find stores near them.
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BADideas.fund
VC Fund · 2 investments in Estonia Transportation startups, 10 in the past 12 months

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 38
  • Round size: Seed $540k–$4.6M; Pre-Seed $110k–$1.3M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Tapaya — Tapaya is a fintech infrastructure company that provides payment acceptance software designed to turn any device into a payment terminal.
  • Spotwise.ai
  • WhiteBridge AI — Whitebridge.ai will find everything about you online and provide you with a report. Check your online reputation or research people using AI. We help transform scattered online data into a coherent narrative of a your digital identity so that you can safeguard your reputation, understand prospects, prepare for pitches, hire wisely, and verify authenticity.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Funderbeam
VC Fund · London, England, United Kingdom · 2 investments in Estonia Transportation startups

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

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Investment focus

  • Industry: Apps, FinTech, Software
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $549k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Pynk — Pynk is the Multi-Award Winning London Fintech that rewards you for making predictions on assets like Gold, NASDAQ and Bitcoin. Free sign up, start today!
  • FleetFox — Full-stack fleet care service. Hands-on fleet services powered by technology for car-sharing and business fleets across Europe.
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Sunly
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Transportation startups

Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup.

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Investment focus

  • Industry: Solar, CleanTech, Rental
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, France, Finland

Investor stats

  • Total investments: 10
  • Round size: Seed $549k–$4.3M; Pre-Seed $329k–$549k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
  • Vok Bikes — We build heavy-duty cargo bikes and rent them out to on-demand delivery companies and their couriers — no surprises, no extra fees. Currently active in Tallinn and Vilnius and expanding to London and Berlin Q4 2021.
  • UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Transportation startups

Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania, India

Investor stats

  • Total investments: 43
  • Round size: Seed $1.1M–$3M; Pre-Seed $227k–$2.2M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
  • Soldera — Soldera enables renewable energy producers to earn additional income through an automatic guarantee of the origin trading system.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Estonia Transportation startups

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 94
  • Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M; Series A $3.4M–$8.2M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
  • Creagent — Find designers. Screened & shortlisted. Easy, fast and cost-effective - the smart way of sourcing with AI.
  • Pricen — Pricen is an AI-driven dynamic pricing platform for retail and e-commerce. Used in over 32 countries, Pricen helps retail and e-commerce businesses to maximize profitability with an AI-driven pricing solution that intelligently optimizes product prices at every stage, from launch to markdown. The platform integrates seamlessly with your ERP, PIMand major e-commerce ecosystems.AI-Driven Pricing Pricing Simulator Pricing Automation Pricing Management Platfom
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TMT Investments
VC Fund · St. Helier, NA - Jersey, Jersey · 1 investments in Estonia Transportation startups

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.

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Investment focus

  • Industry: Software, SaaS, Social Media
  • Stage:Seed, Series A
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 107
  • Round size: Seed $250k–$4.1M; Series A $1.5M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • Backblaze — Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services. Personal online backup to enterprise scale data storage solutions.
  • Rhino — First-class armored rides
  • Global Work — Explore 500k+ verified remote, hybrid, and local jobs worldwide. Find your ideal role, compare opportunities, and apply on globalwork.ai!
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Correlation Ventures
VC Fund · San Diego, California, United States · 1 investments in Estonia Transportation startups

Reimagining our industry. So our clients can disrupt theirs.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Estonia

Investor stats

  • Total investments: 309
  • Round size: Seed $1.2M–$7.7M; Series A $3.9M–$18M; Series B $7M–$41M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely still investing — raised $130M in 2023

Portfolio highlights

  • QuadSci — The most predictive and prescriptive AI for customer intelligence and revenue orchestration. Connect product telemetry data, usage patterns and customer behavior to revenue outcomes to eliminate surprise churn and uncover unpiped growth.
  • Birdstop — Fully automated aerial imaging on your field assets through AI powered drones.
  • Async — Podcastle is an AI-powered content creation platform that helps podcasters, educators, marketers, and other creators to produce professional-quality audio and video content like podcasts and audiobooks. The company’s goal is to democratize access to content creation by offering an end-to-end suite of tools encompassing creation, editing,transcription, voice duplication, and distribution.
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Sberbank
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Estonia Transportation startups

Sberbank today is the largest credit institution in Russia and CIS, accounting for 26% of the aggregate Russian banking assets and 30% of banking capital. According to The Banker magazine, as of July 01, 2010, Sberbank was ranked 43th in the world in terms of Tier 1 capital.Established in 1841, Sberbank has grown into a universal commercialbank with diversified businesses. Sberbank is the biggest taker of deposits in the country and the key lender to the national economy. As of January 01, 2011, Sberbank accounted for 47,9% of retail deposits, 31% of consumer loans and 31% of corporate loans in Russia.

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Investment focus

  • Industry: Internet, Information Technology, Software
  • Stage:Seed, Corporate Round
  • Geography: Russian Federation, United States, The Netherlands

Investor stats

  • Total investments: 26
  • Round size: Seed $30k–$250k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Eruditor Group — Bringing businesses and freelance professionals online
  • Veon — Veon is an international communications and technology company, headquartered in Amsterdam, and driven by a vision to unlock new opportunities for customers as they navigate the digital world. Present in some of the world’s most dynamic markets, Veon provides more than 200 million customers with voice, fixed broadband, data and digital services.Veon’s heritage as a pioneer in technology is the driving force behind a major transformation focused on bringing the digital world to each and every customer. Veon offers services to customers in 14 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, Laos, and Zimbabwe.
  • O2O Holdings — Formed by a JV between Sberbank and Mail.ru Group, provides an O2O services platform focusing on key areas of food and transportation.
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Bain Capital
VC Fund · Boston, Massachusetts, United States · 1 investments in Estonia Transportation startups

Bain Capital is a multi-asset alternative investment firm with assets under management and operates business units that create value through private equity, public equity, credit, and venture capital across multiple sectors and industries.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Private Equity, Series A
  • Geography: United States, India, China

Investor stats

  • Total investments: 194
  • Round size: Series A $5M–$126M; Private Equity $43M–$700M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Sdui — Sdui is the solution for mobile communication in schools. With amazingly easy features for messaging, timetables and a wide range of third party integrations, the app digitizes processes and reduces administrative effort. Within two years, Sdui has reached hundreds of institutions and grown a serious reputation in the educational market.
  • Fluent Commerce — Fluent Commerce, a leading order management system, improves the customer experience, optimizes fulfillment & solves inventory visibility issues. Learn more!
  • Manappuram Finance — Gold Loan - Manappuram Finance Ltd is a Kerela based NBFC (Non Banking Financial Comapany) which provides Online Gold Loan at 1%* Interest Rate, No Hidden Charges and Minimum Documentation .
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Lux Capital
VC Fund · New York, New York, United States · 1 investments in Estonia Transportation startups

Lux Capital manages over $5 billion in assets focused on founding, seed, early-stage, and growth investments at the intersection of technology and the sciences. Lux takes an active role in helping entrepreneurs build successful businesses in high-growth sectors. Its investment team has built over 20 companies from scratch. Lux's investmentstrategy ensures portfolio companies are better connected, have a deeper insight, and command industry leadership faster than their competitors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 556
  • Round size: Seed $1.8M–$30M; Series A $7.3M–$96M; Series B $13M–$193M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2007

Portfolio highlights

  • Adimab — Premier Human Antibody Discovery and Optimization
  • Kyruus Health — Kyruus Health is a care access platform that provides solutions for providers data management, patient engagement, and activation.
  • Cajal Neuroscience — Cajal Neuroscience is a drug discovery company focused on neurodegenerative disease.
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Initialized Capital
VC Fund · San Francisco, California, United States · 1 investments in Estonia Transportation startups

Initialized Capital is an early-stage venture capital firm focused on the seed. Initialized has 6 investing partners and over $3.2B under management over five core funds since its founding in 2012. The firm's startups have created in aggregate over $200B in market value so far.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 375
  • Round size: Seed $1.5M–$8.5M; Series A $6M–$40M; Series B $16M–$67M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Satsuma — Speed up your app with our best-in-class blockchain indexing and query platform. Never worry about downtime or lag again.
  • Clockwork — Check out the World's First Manicure Robot! Learn about our tech, colors and locations across the USA. Book an appointment today!
  • Reibus — Take the hassle out of shipping steel and other industrial metals. Leverage our vast network of international and domestic freight providers.
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RubyLight
VC Fund · Riga, Riga, Latvia · 1 investments in Estonia Transportation startups

RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors.

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Investment focus

  • Industry: Apps, Mobile, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, Germany, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $1.5M–$5.7M; Series A $5.5M–$6.6M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • MegaMod — OnlySpace metaverse creation will allow users to receive bonuses and benefit from participating in several projects at the same time:
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PULSAR
VC Fund · Kazan, Tatarstan, Russian Federation · 1 investments in Estonia Transportation startups

Pulsar Venture Capital is an active player of the global venture capital market with a strong network of experts both in Europe, USA, Asia, Latam and worldwide. Besides traditional investments, Pulsar Venture Capital's professional team specializes in accelerating the growth of new high-tech businesses and also works to grow the ventureinfrastructure, especially in developing economies. Pulsar Venture’s approach is based on three sectors: Smart Investment, Growth Consulting and Applied Networking We invest early in start-ups that have immense potential and are looking for the boost that comes from having the first check in the bank; access to a global network of markets, partners and potential customers; and unflagging support from a professional group of investors.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Russian Federation, United States, Ireland

Investor stats

  • Total investments: 54
  • Round size: Seed $52k–$230k; Pre-Seed $52k–$3M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Oyl — Trade Alkanes tokens, swap on Bitcoin Layer 1, and access DeFi directly on Bitcoin. Non-custodial wallet optimized for Bitcoin smart contracts.
  • Q Platform — Q Platform is a First globally connected fintech- multi-banking platform in Russia and CIS.Its platform for banks provides access to the whole ecosystem of fintech solutions available on the market with detailed analysis; allowing quick integration and management. The platform for Fintechs allows to enter new markets and works with new audiencesin different countries using interbank distribution model.The company was founded in 2017 and based in Moscow, Russia
  • Woo X — Woo X is a high-performance crypto trading platform.
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HEM ANGELS
VC Fund · Mumbai, Maharashtra, India · 1 investments in Estonia Transportation startups

Hem Angels is a part of Hem Securities Limited, which holds experience of 4 decades in Financial Markets. Hem Angels as an angel investment platform intends to co-invest along with the lead investors.

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Investment focus

  • Industry: Financial Services, Apps, Education
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: India, United Kingdom, Estonia

Investor stats

  • Total investments: 76
  • Round size: Seed $57k–$1.4M; Series A $1k–$3M; Venture - Series Unknown $11k–$3M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • QpiAI — QpiAI - Building Next-Generation AI Solutions and Quantum Software
  • REGRIP — Renewed tyres, reshaping your journey with every revolution. Revolutionizing tyre recycling for a greener future.
  • WiseDrive — More information about: "Frontpage&quot by offiial website Aviator site.
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Atomico's Angel Programme
VC Fund · 1 investments in Estonia Transportation startups

investment firm

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Investment focus

  • Industry: Software, B2B, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, Germany, Norway

Investor stats

  • Total investments: 10
  • Round size: Pre-Seed $45k–$1.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Improvin' — Improvin' is a sustainability performance platform that helps agri-food companies measure, report and reduce greenhouse gas emissions in their own value chain.
  • Tradesnest — Tradesnest is an AI powered B2B SaaS-Marketplace that revolutionises the B2B industry by removing the barriers for brands looking for distributors and retailers to enter new markets. With Tradesnest, getting your innovations on retailers’ shelves in new markets around the world has never been this easy!
  • Every Health — Every Health focuses on "holistic, needs-based medical care for the LGBTQIA+ community".
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F+ Ventures
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Estonia Transportation startups

F+ Ventures is Fark Labs’ venture capital arm, which invests in late seed and Series A startups within the smart mobility ecosystem that provide disruptive solutions through superior technologies and/or unique business models.

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Investment focus

  • Industry: Software, Automotive, Manufacturing
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Turkey, United States, Israel

Investor stats

  • Total investments: 14
  • Round size: Seed $1M–$2.7M; Series A $810k–$1.5M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Buyutech — Democratizing the autonomy by changing the way of perception. We work for a world where your loved ones are safe on the roads we offer affordable and scalable products that will become the eyes of the millions.
  • Wayve — Wayve are pioneering an AI-centric approach to self-driving, inspired by our vision of a smarter, safer and more sustainable world.
  • Saykal — Saykal develops and manufactures advanced technology in sensing, detection, and imaging systems for global-scale strategic and scalable industries, especially automotive.
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Angelsdeck Global Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Estonia Transportation startups

AngelsDeck Global Ventures. Joint investments and exclusive community.AngelsDeck was created:01 For comfortable and mutually beneficial communication among its members, who share venture capital and self-development values. 02 For priority access to venture capital deals with a recommendation from trusted syndicators.03 By and forinvestors who have an impeccable business reputation and capital transparency.Our Values:* Expertise * We are proud of our members' combined expertise. We create and maintain an environment where all members can conveniently and comfortably share their valuable knowledge.* Exclusivity * In the venture capital market, there is a lot of competition among investors for promising projects. We showcase exclusive deals that are not on the surface.* Syndication * We have created a marketplace where experienced syndicate investors can compete for members' attention by the quality of their deals. Everyone can try the role of a syndicator.* Communication * "As a fish needs water, an investor needs a network," and we have created an exclusive club with a unique atmosphere of online and offline communication between members of equal enthusiasm, aspiration, and motivation.

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Investment focus

  • Industry: Artificial Intelligence, Software, Education
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Russian Federation, United Kingdom

Investor stats

  • Total investments: 45
  • Round size: Seed $231k–$6M; Angel $80k–$895k; Pre-Seed $200k–$621k
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • CLOSO — CLOSO eliminates e-commerce return costs for retailers, provides sellers with inventory, and helps grow their business.
  • Rhino — First-class armored rides
  • Receiptable — Deliver digital receipts to an app already installed on consumers' phones. Unlock the receipt data to better monetise your customers through more personalised services. We deliver convenience, augmented data and positive impact for the environment.
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Vestman Energia
VC Fund · Viljandi, Viljandimaa, Estonia · 1 investments in Estonia Transportation startups

Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.

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Investment focus

  • Industry: Water, Software, CleanTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 5
  • Round size: Seed $531k–$1.7M; Pre-Seed $1.2M–$1.6M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
  • 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.
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Ambient Sound Investments
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $200k–$3.7M; Series A $527k–$3.7M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
  • KappaZeta — KappaZeta provides services for interpreting radar satellite data to assist farmers in increasing profitability and improving the quality of agricultural products.
  • Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.
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Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $531k–$4.2M; Pre-Seed $120k–$2.2M; Series A $1.6M–$13M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • BlackWall — Protect your web site from hacking, content theft, crawling, and cloning!
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • 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.
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Prototron
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

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Investment focus

  • Industry: Software, Manufacturing, Internet of Things
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 55
  • Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
  • 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.
  • Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
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UP Invest
VC Fund · Laagri, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

UP Invest company focusing on investments in health care, media, consumer brands real estate and cleantech venture capital.

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Investment focus

  • Industry: Energy, CleanTech, Automotive
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
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Estonian venture capital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

Estonian venture capital provides support to entrepreneurs, fund managers, institutional investors.

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Investment focus

  • Industry: Energy, Software, CleanTech
  • Stage:Pre-Seed, Series A
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
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Concentric
VC Fund · London, England, United Kingdom · 1 investments in Estonia Transportation startups

We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter.

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Investment focus

  • Industry: Financial Services, Software, Bitcoin
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 93
  • Round size: Seed $1.1M–$5.8M; Series A $1.7M–$25M; Series B $1.6M–$225M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pockit — Open a prepaid account in 3 minutes online or in-app, get your contactless prepaid card in 2 working days with no credit check.
  • Visium
  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
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SQM Lithium Ventures
VC Fund · 1 investments in Estonia Transportation startups

SQM Lithium Ventures is an investment firm.

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Investment focus

  • Industry: Electric Vehicle, Solar, Water
  • Stage:Series A, Seed, Grant
  • Geography: Chile, Estonia, Germany

Investor stats

  • Total investments: 11
  • Round size: Seed $285k–$2.3M; Series A $2M–$12M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Vok Bikes — We build heavy-duty cargo bikes and rent them out to on-demand delivery companies and their couriers — no surprises, no extra fees. Currently active in Tallinn and Vilnius and expanding to London and Berlin Q4 2021.
  • Kite Magnetics — Electric motors enabling electric aircraft of all sizes to fly further, carry more and emit less. The future of aviation is electric.
  • Altilium Clean Technology — Sustainable, low carbon battery materials. Altilium is a UK-based clean technology group supporting the transformation of the global energy sector from fossil-based to zero-carbon.
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Stagnation Lab
VC Fund · 1 investments in Estonia Transportation startups

Stagnation Lab

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Investment focus

  • Industry: SaaS, Software, Procurement
  • Stage:Angel
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ProcurementFlow — Reduce time to market for new products! Simple procurement teamwork software for keeping the communication and procurement process in the flow. Requisition management, eSourcing, SRM.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Estonia Transportation startups, 49 in the past 12 months

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Series B
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 353
  • Lead/follow: no public data

Portfolio highlights

  • ACCIONA — At ACCIONA we offer sustainable solutions to the most urgent challenges facing the planet, such as global warming, energy needs and water shortages
  • Yondr Group — We are Yondr, a global developer, owner and operator of hyperscale data centers. Our mission is: global capacity responsible delivery.
  • Lagos Free Zone — Lagos Free Zone provides exceptional infrastructure facilities and services.
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Estonia Transportation startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

  • Industry: Information Technology, Financial Services, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $25k–$2.3M; Pre-Seed $119k–$1.1M; Series A $9.1M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Cuoral — Cuoral is an AI-native platform that helps businesses proactively detect and resolve customer issues before they escalate. We unify support, feedback, and engagement tools into one intelligent layer, transforming reactive customer service into a proactive growth engine. With real-time diagnostics, actionable insights, and automation, Cuoralempowers teams to deliver exceptional experiences at scale.
  • BankWise
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Gi21 Capital
VC Fund · Nicosia, Nicosia, Cyprus · 1 investments in Estonia Transportation startups

Gi21 Capital is a multi-stage investment group backing deep-tech founders, building AI infrastructure, and developing hospitality assets across Europe.

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Investment focus

  • Industry: Software, Online Portals, Cloud Data Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, Estonia, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $939k–$2M; Pre-Seed $499k–$1.2M; Series A $5M–$32M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • FaceUp — Whistleblowing System for companies and schools. FaceUp is an anonymous reporting channel for those who care. Try FaceUp for FREE.
  • Zerops — Deploy, manage, and scale your apps with ease. Zerops is a developer-first cloud platform with built-in CI/CD, managed databases, and automatic scaling.
  • Ranketta — Ranketta is a visibility engine driven by AI that makes sure your brand appears first.
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Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Estonia Transportation startups

At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space. We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initialticket size usually ranges from €1 million to €3 million.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Iceland, Estonia, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $974k–$4.7M; Series A $1.2M–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Optise — Optise is an AI-powered website insights tool for B2B businesses.
  • MyDello — Get instant quotes for all transportation modes. Enter a new era of freight forwarding with the MyDello logistics platform. Sign up for free
  • Euler
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Transportation startups

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

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Investment focus

  • Industry: Software, CleanTech, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Lithuania, Latvia

Investor stats

  • Total investments: 22
  • Round size: Seed $215k–$2.2M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
  • Granarium Technologies — Granarium Technologies is a Finnish deep-tech energy that creates renewable supercapacitors using only nanocellulose, biocarbon, and water, eliminating the need for mining entirely.
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Transportation VC funding in Estonia at a glance

Stats across 95 deals from 112 investors.

112
investors
in Estonia Transportation startups
95
deals
in Estonia Transportation startups
$875k
median round
in Estonia Transportation startups
51%
lead investors
lead at least one round
22%
Seed
most common funding stage

Access all 112 VC funds in Estonia Transportation startups.

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