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We have 97 Active VC firms in Estonia on Angels Partners

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Karma Ventures
Investing in Software (Web Marketplace Saas..) &b...
 Tallinn - Estonia, Estonia
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    Liisa Suvorova
    Analyst
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    Kristjan Laanemaa
    Founding Partner
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    Marili Merendi
    Associate
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    Tommi Uhari
    Founding Partner
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    Margus Uudam
    Partner
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    Federico Fini
    Associate
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Previous Investments
  • • Modularbank: $4720000 (Early stage VC)
  • • AppGyver: $4500000 (Early stage VC)
  • • TrademarkNow: $3000000 (Later stage VC)
  • • CGTrader: $2000000 (Early stage VC)
  • • Adaptive Simulations: $1500000 (Later stage VC)
  • • Plumbr: (Later stage VC)
  • • MeetFrank: $1700000 (Seed)
  • • Commsignia: $11000000 (Series A)
  • • Minut: $8000000 (Series A)
  • • Xolo: $6700000 (Series A)
  • • Ingrid Cloud: $2600000 (Post-seed)
  • • realeyes: $12000000 (Series B)
  • • Infermedica: $3700000 (Seed)
  • • Sonarworks: $5500000 (Series A)
  • • Wirepas: $16000000 (Series B)
  • • SpectX: $1100000 (Seed)

Karma Ventures

Tallinn - Estonia, Estonia

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Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Media • Businesses Solutions • IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Web Security (& Privacy) • Developer tools • SaaS • Investment Management • Mobility • Productivity

Description

Most Interested In

Not easily replicable technology in the B2B software space.

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Spring Capital (Estonia)
Investing in
 Tallinn, Estonia
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Spring Capital (Estonia)

Tallinn, Estonia

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Description

We invest in product-driven startups with at least €5k in MRR.

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Tera Ventures
Investing in Software (Web Marketplace Saas..) &b...
 , Estonia
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    Andrus Oks
    Partner
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    James McDougall
    Partner
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    Martin Hendre
    Partner
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    David Clark
    Scout
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Previous Investments
  • • Lingvist: $8000000 (Early stage VC)
  • • Monese: $4200000 (Seed Round)
  • • Jobbatical: $2000000 (Seed Round)
  • • Scoro: $1900000 (Seed Round)
  • • Rendin: $1460000 (Seed Round)
  • • Snackable AI: $1430000 (Seed Round)
  • • VitalFields: $1200000 (Early stage VC)
  • • Thinnect: $560000 (Other)
  • • Realeyes:

Tera Ventures

, Estonia

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Investing In

Software (Web Marketplace Saas..) • PropTech • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • A.I. (& Big Data) • Web Security (& Privacy) • Analytics • Logistics (& Distribution) • Payments • Real Estate (& Construction) • Investment Management • Mobility • Woman Focused • UrbanTech

Description

Tera Ventures is a venture capital firm based in Tallinn, Estonia and focused on exceptional founders from Estonia, Scandinavia and CEE disrupting digital space globally. The firm builds presence and networks in the markets where their portfolio companies want to expand to - the UK, the US and Asia. With presence in Estonia, Finland, and California, it is supported by a global advisory network and provides portfolio companies with access to expertise and hands-on support necessary to grow from seed stage to successful exit.

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Trind Ventures
Investing in Software (Web Marketplace Saas..) &b...
 Helsinki Finland , Ta..., Estonia
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    Reima Linnanvirta
    Partner
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    Kimmo Irpola
    Partner
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    Ivar Siimar
    Partner
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    Joel Aasmae
    Partner
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    Liis Hiie
    Analyst
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    Peeter Kompus
    Investor
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Previous Investments
  • • Your.Rentals: (Seed)
  • • Jobbatical: $580000 (Seed)
  • • Sonarworks: $6000000 (Series Unknown)
  • • Weekdone: $200000 (Seed)
  • • Weekdone: $90000 (Seed)
  • • Talentag: $70000 (Angel)
  • • Scorestars: $790000 (Seed)
  • • Fractory: $5000000 (Series Unknown)
  • • Fractory: $9000000 (Series A)
  • • Fractory: $1000000 (Seed)
  • • Planet OS: (Seed)
  • • Webel: $2000000 (Seed)
  • • Webel: $590000 (Seed)
  • • InGain: $690000 (Series Unknown)
  • • Wudpecker: $350000 (Pre Seed)
  • • Mjuk: $2000000 (Seed)
  • • Xceed: $2000000 (Series Unknown)
  • • StepOut.pro: $180000 (Pre Seed)
  • • Fiksuvuokraus.fi: $340000 (Seed)

Trind Ventures

Helsinki Finland - Tallinn, Estonia

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Investing In

Software (Web Marketplace Saas..) • Education • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • A.I. (& Big Data) • Gaming (& eSports) • Analytics • SaaS • Online Social • Consumer • Productivity

Description

Trind Ventures is an Estonian fund, focusing on data-driven founders. We are investing from our second 55meur fund. Some of our notable portfolio companies include Neural DSP, Ready Player Me, and Nordcloud (exited).

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Startup Wise Guys
Investing in
 Tallinn , Harjumaa , ...,
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Startup Wise Guys

Tallinn - Harjumaa - Estonia,

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Description

Startup Wise Guys is one of the most active early stage investors in the broader CEE region and Nordics, has been voted Top VC fund in the CEE in year 2019. To help techy startup founders become true entrepreneurs, we are running a world-class startup accelerator since 2012. We have accelerated more than 300 startups, focusing on Sustainability, B2B SaaS, Fintech, Cybersecurity, and XR. The portfolio has already had 11 major exits and the overall startup survival and success rate is above 80%. The intensive up to 5 months-long accelerator program is focused on validating, developing, and selling products to business customers. Over 200 international and local mentors help startups move through those stages much faster than they would on their own. Founders are also prepared to sell their vision to investors, and the program culminates in Demo Days & major tech event visits, where startups get to present to venture capitalists and angel investors. Post-program, startups join the alumni community of 300+ startups in more than 40 countries and become eligible for invite-only alumni events such as SWG Getaway focused on business development, fundraising, and experience sharing.

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Ambient Sound Investments
Investing in
 Tallinn, Estonia
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Ambient Sound Investments

Tallinn, Estonia

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Description

We are a private investment company engaged in various asset classes.

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Enterprise Estonia
Investing in
 Tallinn, Estonia
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Enterprise Estonia

Tallinn, Estonia

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Description

We are a government agency responsible for attracting and managing external investments into Estonia.

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    Hansa Group
    Investing in
     Tallinn, Estonia
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    Hansa Group

    Tallinn, Estonia

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    Description

    We are a capital-based group of companies operating in the Baltic States.

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    Incubaator tallinn
    Investing in Incubators
     Tallinn, Estonia
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    Incubaator tallinn

    Tallinn, Estonia

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    Investing In

    Incubators

    Description

    We are a business incubator providing services tailored to the needs of developing companies.

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    Kaamos
    Investing in Energy • CleanTech • Real ...
     Tallinn, Estonia
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    Kaamos

    Tallinn, Estonia

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    Investing In

    Energy • CleanTech • Real Estate (& Construction)

    Description

    We are an investment management firm focusing on these key industries.

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      Siena Capital
      Investing in
       Tallinn, Estonia
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      Siena Capital

      Tallinn, Estonia

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      Taavet+Sten
      Investing in
       Tallinn, Estonia
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      Taavet+Sten

      Tallinn, Estonia

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      Description

      We invest in early-stage ventures, primarily supporting European founders.

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      Most active VC firms in Estonia?

      Overview

      Estonia's startup ecosystem is thriving, thanks to a robust network of angel investors and leading venture capital firms. The country's favorable business environment, coupled with its advanced digital infrastructure, makes it an attractive destination for both local and international investors. This has resulted in a significant influx of capital, fostering innovation and growth in various sectors, including fintech, cybersecurity, and e-governance.

      Top Angel Investors

      Estonia boasts a dynamic group of angel investors who play a crucial role in the early-stage funding of startups. Notable angel investors include Sten Tamkivi, Ragnar Sass, and Taavet Hinrikus. These investors have a track record of backing successful startups and are known for their hands-on approach, providing not just capital but also mentorship and strategic guidance to budding entrepreneurs.

      Leading Venture Capital Firms

      Several leading venture capital firms are pivotal in Estonia's startup ecosystem. Firms like Karma Ventures, Tera Ventures, and Superangel are at the forefront, offering substantial investment in technology-driven startups. These firms have made numerous investments in high-potential startups, supporting their growth from seed to scale-up stages. For example, Tera Ventures has invested in companies like Monese and Jobbatical.

      Investment Size and Scope

      Estonian venture capital firms typically invest in early to growth-stage startups, with investment sizes ranging from €100,000 to several million euros. The scope of investments is broad, covering various sectors such as fintech, healthtech, and greentech. The focus is often on scalable business models with strong potential for international expansion.

      Number of Investments

      In recent years, the number of investments in Estonian startups has surged. In 2022 alone, Estonian startups raised approximately €500 million in venture capital. This trend reflects the growing confidence of investors in Estonia's vibrant startup ecosystem. The country’s startups benefit from a continuous flow of capital, enabling them to innovate and scale rapidly.

      Support and Mentorship

      Beyond financial backing, Estonian investors are known for their comprehensive support systems. Many venture capital firms and angel investors offer mentorship programs, networking opportunities, and strategic advice. Initiatives like Startup Estonia and Tehnopol also provide resources and mentorship, helping startups navigate the challenges of growth and scaling.

      Future Outlook of the Investment Market

      The future outlook for Estonia's investment market is promising. With continuous government support and a growing number of success stories, the startup ecosystem is expected to attract even more international investors. The focus on innovative sectors like artificial intelligence, blockchain, and sustainable technologies is likely to drive further investment.

      Support and Mentorship

      Support and mentorship are crucial components of Estonia's startup ecosystem. Many venture capital firms and angel investors offer comprehensive support, including strategic guidance, networking opportunities, and operational assistance. Organizations like Startup Estonia and the e-Residency program also play a significant role in providing resources and mentorship to startups, fostering a collaborative and supportive environment.

      Challenges

      Despite its many strengths, Estonia's startup ecosystem faces challenges, such as a small domestic market and limited access to late-stage funding. Startups often need to look beyond Estonia to secure significant growth capital and larger markets to scale their operations. Additionally, regulatory complexities can pose obstacles to rapid growth.

      Opportunities and Future Outlook

      Estonia offers substantial growth opportunities driven by continuous investment and technological advancement. The country's focus on innovation in sectors such as fintech, cybersecurity, and green technology positions it well for future growth. Estonia's digital governance model provides a unique advantage for startups looking to expand internationally.

      Resilience and Adaptability

      Estonia's startup ecosystem has demonstrated remarkable resilience and adaptability. The government’s proactive approach to supporting entrepreneurship, combined with a highly skilled workforce and advanced digital infrastructure, ensures that Estonia remains a competitive and attractive location for startups and investors alike.

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