Investors looking to invest in Estonia

Operating countries
Check size
Stages
About us
100K - 1M
Venture Inc. is a diversified holding company focused on providing innovative solutions to the challenges of the modern world. Through its six divisions, Venture Inc. provides a wide range of services, from energy solutions to financial services and more. The company is committed to finding a be...
100K - 4M
Forster Chase Ventures is a venture capital firm, part of the Forster Chase Group, based in London, United Kingdom. They specialize in mergers and acquisitions, transaction, fundraising, and other services that help early stage companies grow and develop. They have strategic partnerships with Ar...
1M - 25M
Blossom Capital is a venture capital firm based in London that invests in European founders building global businesses. They limit their investments to 5-6 Series A rounds per year to provide full expertise to each company. Portfolio includes Checkout.com, Dija, Frontify, Freshly Cosmetics, and ...
2M - 9M
N2F is a cloud-based expense management and invoicing platform that provides businesses with an automated, accurate, and secure way to manage their expenses. It helps businesses keep track of employee expenses, create invoices in multiple currencies, and manage their finances with in-depth repor...
500K - 10M
Earlybird is a venture capital investor focused on European technology innovators. They focus on identifying bold ideas and helping to build European technology companies through investments and advice. They have a team of experienced professionals with a background in venture capital, tech, bus...
300K - 1M
Day One Capital is an early-stage venture capital fund that invests in technology start-ups from Europe. Founded in 2011, the fund is based in Budapest, Hungary and focuses on computer hardware, software and services investments. Day One Capital also provides operational support, mentoring and a...
5M - 15M
Orange Ventures is the venture capital fund of the Orange Group, with 350 million euros under management. The fund focuses on early-stage investments in digital, data, and emerging technologies. It has offices in Paris and San Francisco, and provides startups with access to the Orange Group's ne...
100K - 2M
Tilia Impact Ventures is a venture capital fund based in Prague, Czech Republic. The fund primarily focuses on investments in technology companies and social impact startups in Central and Eastern Europe. The team consists of experienced entrepreneurs, investors, and mentors who are committed to...
25K - 250K
SFF.vc is a venture capital firm founded in 2018 by experienced investors and entrepreneurs. The firm invests in early-stage companies with a focus on software, infrastructure, and data-driven business models. They also provide mentorship and resources to help their portfolio companies grow. SFF...
500K - 3M
Join Capital is a company that provides investment services that consider sustainability factors, such as Principal Adverse Impacts (PAI). They offer tailored employee experiences, access to capital markets, and technical assistance to improve transportation infrastructure. They also offer servi...
50K - 500K
Systema Nova is a venture capital firm founded in 2018 and based in London, United Kingdom. The firm seeks to invest in early-stage fintech, healthcare, and other high-growth companies in Europe, the US, and Asia. Systema Nova focuses on identifying and investing in innovative businesses that ha...
50K - 5M
Conviction VC is an early-stage venture capital firm based in London, United Kingdom. Founded in 2017, the firm focuses on investing in B2B SaaS businesses in Europe and the UK. They provide private patient capital and support early-stage companies with the resources, networks, and connections t...
7M - 25M
Prime Ventures is a leading venture capital firm focusing on investing in European companies in the technology and related industries. With over EUR 750m of capital invested, the firm has helped founders scale their businesses and revolutionize the world of photography through their platform for...
200K - 3M
The website https://cig.vc/en is a platform for electronic cigarette (e-cig) users, offering access to a wide range of products and services. The platform provides information about different types of e-cigs, including hardware and liquids; detailed product reviews; educational information on th...
3M - 12M
CommerzVentures is a venture capital firm based in Frankfurt, Germany, specializing in providing early and growth-stage funding for companies in the financial services and insurance sectors. Founded in 2014, CommerzVentures has 550 million euros under its management and has invested in over 50 c...
100K - 1M
Big Sur Ventures is a venture capital firm based in Madrid, Spain. Founded in 2011, the firm seeks to invest in the internet, software as a service, mobile, commerce, gaming and entertainment sectors. They specialize in early-stage investments, and their latest investment was in Networkme in Oct...
150K - 2M
The ACROBAT challenge is an international research competition designed to advance the development of algorithms for registering whole-slide images (WSIs) of immunohistochemistry (IHC) stained breast cancer tissue sections. Teams of researchers from around the world are invited to compete by sub...
50K - 200K
Spring Capital is a venture capital firm based in Tallinn, Estonia. Founded in 2008, the firm focuses on investments in technology, media and services companies. Spring Capital also provides advisory services in areas such as investment sales, debt advisory, equity advisory, capital markets quan...
100K - 500K
bValue Venture Capital is a venture capital firm that was founded in 2016 in Europe in Poland. The company specializes in providing capital and advice to early-stage startups. They focus on finding companies with competitive advantages and helping them to realize their full potential. Their team...
300K - 6M
byFounders is a venture capital firm founded in 2017 and based in Copenhagen, Denmark. The firm specializes in early-stage software-driven investments in the Nordic and Baltic regions of Europe. byFounders has a team of experienced venture capitalists and entrepreneurs who work together to ident...
- 2 -

Fundraising in Estonia:

The fundraising environment of startups in Estonia is characterized by a growing tech-driven startup ecosystem and supportive government initiatives. The country has established itself as a hub for innovative technology companies and has attracted the attention of both local and international investors.

Startup Statistics:

  • Estonia is home to over 1000 startups, with an estimated 60-70% of these being tech-driven.
  • In 2021, Estonian startups raised approximately €250 million in funding, a significant increase from the previous year.
  • International investors accounted for approximately 30% of the total funding raised by Estonian startups.

Growing Industries:

Estonia is known for its thriving tech scene, with a focus on industries such as fintech, e-governance, healthtech, and cybersecurity. Some of the most notable Estonian startups in these industries include TransferWise, Pipedrive, and Cybernetica.

Active Investors:

  • Local venture capital firms, such as Karma Ventures and Change Ventures, are active investors in Estonian startups.
  • International investors, such as Greycroft, Accel, and Seedcamp, have also shown an interest in the Estonian market and have made several investments in the country.

Popular Startups:

  • Pipedrive - a CRM software for sales teams.
  • Veriff - a digital identity verification platform.
  • Bolt - a transportation platform offering ride-hailing and food delivery services.
  • TransferWise - a cross-border money transfer platform.
  • GuardSquare - a software security company offering mobile application protection services.

Government Initiatives:

The Estonian government has implemented several initiatives to support and boost the country's startup ecosystem. These include tax incentives for startups and investors, grants for research and development, and programs to promote entrepreneurship and innovation. Additionally, Estonia is known for its digital-friendly policies, including the use of e-residency, which allows individuals to establish and run a business from anywhere in the world.

Compared to the rest of the region, Estonia's startup ecosystem is well developed and supported by the government. The country's reputation as a hub for technology startups and its strong government support make it a favorable destination for startups and investors alike.