Investors looking to invest in Estonia

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100K - 1M
Sheesha Finance is a leading DeFi project that provides investors with a streamlined process for their analysis, trading, and tracking needs. It offers a complete one-stop-shop for all web3 startups, providing mentorship and guidance from experts, product and UX feedback, roadmap strategy design...
50K - 200K
Startupwiseguys is a venture capital and accelerator firm that specializes in helping startups grow and scale. They provide coaching and mentorship for founders, and invest in early stage companies in the technology, media, and healthcare sectors. They have offices in Estonia, Latvia, Lithuania,...
50K - 150K
SuperCharger Ventures is an EdTech accelerator that specializes in helping early-stage and growth-stage startups expand to Europe, Middle East, and Southeast Asia. They provide market intelligence, startup demos, case studies, and other EdTech support for universities, and have released a world'...
100K - 500K
Teknasyon is a Turkish mobile application developer and IT company that specializes in investments and venture capital. Teknasyon has invested in a variety of startups and companies, ranging from family security, parent and child development, sleep analysis, serenity and meditation, location bas...
1M - 5M
UNIQA Ventures is the venture capital arm of UNIQA Insurance Group, a leading insurance group in Austria. Founded in 2016, UNIQA Ventures is a return-driven, independent financial investor, and invests in a wide range of sectors, including insurance, fintech, software, health care, and insurtech...
50K - 2M
United Investors is an investment company headquartered in Moscow, Russia. The company provides a wide range of services, including asset management, corporate finance, financial advisory, and capital markets services. It also offers a variety of banking services, such as international payments,...
200K - 5M
Verve Ventures is a venture capital firm based in Switzerland that specializes in investing in science and technology startups. Founded in 2010, the firm has invested in over 140 startups across Europe, the United States, and Asia. The firm's focus is on early and late stage venture, seed, and g...
300K - 1M
Voima Ventures is a venture capital firm based in Helsinki, Finland. They specialize in deep tech investments, backing pre-seed stage and later-stage companies, and providing them with the resources and support to bring their products to global markets. They have a portfolio of 11-50 employees, ...
100K - 2M
XNV is an Exponential Ventures startup studio that focuses on creating solutions empowered by exponential technologies such as artificial intelligence, blockchain, and Internet of Things. They have a wide range of services, including software engineering, product design, and business strategy. T...
600K - 4M
Brighteye Ventures is a Paris-based venture capital firm specializing in education technology investments. Founded in 2017, they are the first and largest vertical EdTech VC firm in Europe. They invest in early-stage companies from seed to Series B, focusing on platforms and tools that use techn...
1M - 4M
Sova VC is a venture capital firm that focuses on investments in early-stage B2B and B2C marketplaces, software platforms, and liquidity solutions. They provide funding, mentorship, and resources to help entrepreneurs and startups grow and succeed in the digital economy. Sova VC also runs a Liqu...
300K - 1M
Tomahawk.vc is an entrepreneur-led early stage venture capital firm that focuses on pre-seed, seed, and series A investments. They value empathy, execution, and clarity, and strive to help founders build successful companies. Tomahawk.vc also provides support to founders that extend beyond just ...
500K - 1M
Curiosity VC is a venture capital firm based in Amsterdam. They specialize in investing in the most innovative startups, particularly those focused on AI software and data analysis. They look for companies with the potential to make a positive impact on the world, and work to provide them with t...
100K - 1M
VSharp is a venture capital firm that invests in early-stage technology companies. The firm is focused on providing growth capital to entrepreneurs who are building innovative technologies in the sectors of healthcare, enterprise software, cloud computing, and consumer internet/mobile. VSharp's ...
500K - 1M
LDV is a venture capital firm that provides capital, resources, and mentorship to entrepreneurs and early-stage companies to help them grow and succeed. The firm invests in a broad range of industries, including technology, media, consumer products, and healthcare. In addition to providing ventu...
100K - 2M
Simsan Ventures is a human-centric investment fund that empowers underrepresented founders and emerging venture capitalists. They focus on providing capital, networks, and resources to enable high-potential founders to reach their full potential. Simsan Ventures invests in early-stage companies ...
250K - 2M
ScaleX Ventures is a venture capital firm founded in 2017, based in Amsterdam, Netherlands. The firm invests in seed and series A startups and focuses on providing support to exceptional founders from unexpected places. It invests in a range of industries, from technology to healthcare, and has ...
200K - 1M
TERA.vc is an organization specializing in venture capital funding in the blockchain and cryptocurrency industries. They provide support to projects building on the UST and Terra blockchains, and offer a variety of services including project audits, funding, and advisory services. Their mission ...
150K - 2M
500 Startups is a global venture capital seed fund with a network of venture capital, corporate, and startup programs. It is based in Silicon Valley and has offices in over 50 countries. The company provides seed investments to startups, runs accelerator programs, provides venture capital educat...
600K - 1M
Founded in 2013, Vendep Capital is an investment firm based in Espoo, Finland. The firm specializes in investing exclusively in Software-as-a-Service (SaaS) startups in the Nordics and Baltics. Vendep Capital has supported the growth of many startups through their investments, providing capital,...
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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.