Specialist VC

Agileday is a platform for professional services and consulting firms that connects people, pipeline, financials, and delivery data to enable real-time forecasting, resource planning, and talent-to-demand matching.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsNewionVendep Capital

Agileday is a platform for consulting and professional services firms that connects people, pipeline, financials, and delivery data to enable real-time forecasting, resource planning, and staffing.

AI & Machine LearningFuture of WorkSaaS

Co-investorsVendep CapitalNewion

Atella develops technology for early detection of cardiovascular disease, aiming to enable earlier intervention.

AI & Machine LearningDigital HealthHealthtech

Co-investorsNordic Science Investments

Banani is an AI UI design tool that turns text prompts, references, and PRDs into editable, multi-screen clickable UI prototypes, with export to Figma, HTML/CSS, or images.

AI & Machine LearningDeveloper ToolsSaaS

Vlad Solomakha(Founder)inVova Parkhomchuk

Co-investorsInovo VC

Better Medicine builds AI-powered software that detects lesions on CT scans, offering automated lesion detection, a custom imaging viewer with semi-automated measurement tools, and automated reporting for radiologists and radiology professionals.

AI & Machine LearningHealthtechMedical Devices

Co-investorsSoulmates VenturesSuperAngel

Bilance is a personal finance mobile app that connects to users' bank accounts to track expenses, categorise spending with AI, set budgets, monitor recurring bills and net worth, and share financial planning with a partner.

AI & Machine LearningConsumerFintech

Co-investorsThorgate Ventures

Biteful is a B2B ordering platform for hospitality suppliers, letting them digitize product catalogs into shareable online pages and receive orders that connect to ERPs or an API.

B2B MarketplacesFoodTechSaaS

Bob W is a tech-powered aparthotel operator offering flexible short- and long-stay apartments with kitchens, mobile check-in and phone-based door access across European cities.

PropTechTravel & Hospitality

Co-investorsElevator VenturesSuperAngel

Bolt operates a European mobility super-app offering ride-hailing, shared cars, e-scooters, and food and grocery delivery, along with on-demand parcel delivery.

Logistics & Supply ChainMarketplacesMobility & TransportationTallinn, EE

Co-investorsBADideas.fundKorelya CapitalRubyLightSpring CapitalEuropean Investment BankFidelity Investments+3 more

Tallinn, EE

Taavet Hinrikus(Co-founder)in

Co-investorsChange VenturesFirstpickHeartfelt Capital

Click & Grow makes self-watering indoor smart gardens and pre-seeded plant pods that let consumers grow herbs and vegetables at home with minimal effort.

AgTechConsumerHardware

Co-investorsIngka InvestmentsMetaplanetSEB AllianceSpring CapitalTrind Ventures

Codemagic is a cloud-based CI/CD platform that automates building, testing, and distributing mobile apps, with dedicated support for Flutter and features like browser-based App Preview and React Native CodePush over-the-air updates.

Cloud ComputingDeveloper ToolsSaaSTartu, EE

Martin Jeret(CEO)

Comodule provides IoT hardware and a cloud platform that connect e-bikes, giving riders app-based GPS tracking, smart locks, and theft alerts while enabling brands to offer remote diagnostics, over-the-air updates, and fleet management.

HardwareIoTMobility & Transportation

Copla is a compliance and operational security platform that combines automated evidence collection with expert support to help companies certify against frameworks such as ISO 27001, DORA, NIS2, PCI DSS, MiCA, and SOC2.

CybersecurityEnterprise SoftwareSaaS

Co-investorsFirstpickSuperhero CapitalIron Wolf CapitalOperator Stack

Cust is an AI agent for B2B customer success and retention teams that connects to a company's CRM, email, calendar, and data sources to continuously research every account, surface churn risk and expansion signals, and draft retention actions.

AI & Machine LearningSaaSSales Tech

CybExer develops immersive testing and training environments for cybersecurity skill development and resilience building.

AI & Machine LearningCybersecurityDeep TechDefense TechEnterprise SoftwareTallinn, EE

Co-investorsKarma Ventures

Dr House offers telehealth services connecting patients with board-certified doctors via video visits for non-emergency conditions, with prescriptions sent to a pharmacy or delivered.

Digital HealthHealthtech

Co-investorsTrind Ventures

eAgronom builds farm management software that helps farmers monitor and verify sustainable practices, generate carbon credits, improve agricultural efficiency, and access financing.

AgTechClimate TechSaaSTallinn, EE

Kristjan Luha(Co-founder)in

Co-investorsBalnord Sp. z o.o.Soulmates VenturesYolo InvestmentsZGI-4SuperAngelTrind Ventures

Helsinki-based AI startup automating sales administrative work such as call summaries and CRM updates.

Co-investorsSuperhero Capital

Flowstep builds an AI-powered design tool that converts text descriptions into editable UI, using its "Imagination Algorithm." It is aimed at product teams looking to align and ship designs faster.

AI & Machine LearningDeveloper ToolsSaaSTallinn, EE

Svyatoslav Polishchuk(Founder)

Co-investorsDniproSupernode GlobalTera VenturesIron Wolf Capital

FoodDocs provides software for creating and managing food safety management systems, including HACCP food safety plans, monitoring tasks, and compliance documentation.

FoodTechSaaS

Co-investorsForward Venture CapitalSpring Capital

Fractory runs a metal fabrication service that connects engineering and manufacturing companies with a vetted network of suppliers, managing projects from quoting to delivery through a single point of contact.

Advanced ManufacturingB2B MarketplacesLogistics & Supply ChainManchester, GB

Joosep Merelaht(Founder)in

Co-investorsOTB VenturesSuperhero CapitalTrind Ventures

Galadriel offers on-demand access to large-scale GPU clusters (including H200, B200, and B300 chips) across the US and EU without long-term contracts.

AI & Machine LearningCloud ComputingData & Infrastructure

Gearbox Biosciences develops Pop-Out-Plasmid (POP) technology, an E. coli platform that produces plasmid DNA and recombinant proteins without antibiotic selection markers or chemical inducers like IPTG, while decoupling growth from production.

BiotechDeep TechHealthtechTartu, EE

Giraffe360 sells a subscription 360° camera and AI software that turn one property scan into a full real estate listing media kit.

Mikus Opelts(Founder)in

Co-investorsBADideas.fundChange VenturesCipio PartnersHCVCHoxton VenturesMetaplanet+2 more

Gridio is an app that enables smart charging for electric vehicles by automatically scheduling charging when energy prices are lowest and carbon intensity is minimal, without requiring additional hardware beyond the car itself.

EnergyMobility & Transportation

GuestJoy provides a guest engagement platform for hoteliers, offering digital check-in, personalised upsell offers, automated pre- and post-stay emails, digital directories, and guest surveys.

Marketing TechSaaSTravel & Hospitality

INZMO is a digital insurance provider offering coverage for consumer items such as gadgets, bikes, and rental deposits, with an app-based process for managing policies and claims.

ConsumerFintechInsurTech

Markus TreiMeeri RebaneRisto Klausen

Co-investors500 GlobalChange Ventures

Kilo Health co-builds and invests in ventures across health, wellness, beauty, and travel, providing founders with funding, teams, operations, and full-stack support from pre-seed to Series A.

Digital HealthHealthtechWellness & Fitness

Co-investorsMetaplanet

Kingdom builds autonomous commercial robotic mowers that use sensor fusion and predictive sensor systems to mow large areas, including shaded zones with limited satellite visibility, and can be monitored and controlled remotely via an app.

AgTechHardwareRobotics

Co-investorsMetaplanetSuperAngel

KOOS.io provides a platform that helps online platforms and marketplaces reward their contributors—such as content creators, freelancers, and suppliers—by tracking contributions and distributing rewards based on preset rules as the business grows.

Creator EconomyMarketplacesSaaS

Co-investorsSuperAngel

Leil develops software that optimizes hard disk drive (HDD) storage performance and efficiency for enterprise data infrastructure.

Cloud ComputingData & InfrastructureEnterprise SoftwareHardwareSanta Clara, US

Co-investorsKarma Ventures

Co-investorsSuperAngel

Lightyear is an investment platform offering commission-free ETF trading, access to stocks, funds, bonds and crypto, high-yield savings accounts, and automated investing plans for retail investors.

FintechSaaS

Martin Sokk(Founder)in

Co-investorsLightspeed Venture PartnersMetaplanetTaavet Hinrikus

Maki.vc is a venture capital firm that invests in early-stage deep tech and startups, with a focus on the Nordics and Europe.

Deep Tech

Co-investorsBeast VenturesPeakTesi (Finnish Industry Investment Ltd)Maki.vc

Co-investorsChange VenturesKarma VenturesKAYASpring Capital

memoryOS is a memory-training app that teaches memorization using virtual Mind Palace technology, mnemonics, spaced repetition, and gamified micro-lessons.

AI & Machine LearningConsumerEdTech

Co-investorsAngel OneSID Venture Partners

Miros builds an AI-driven product discovery technology that infers shopper intent from behavioural signals such as scroll velocity, clicks, and dwell time, rather than requiring shoppers to describe what they want.

AI & Machine LearningE-commerceRetail TechTallinn, EE

Co-investorsTera VenturesBADideas.fundMetis VenturesSnatched VenturesZAKA VC

Monese offers mobile money accounts and cards along with financial tools such as credit-building, lending, and budgeting products for consumers managing everyday finances.

ConsumerFintech

Norris Koppel(Founder)in

Co-investorsHSBCAnthemis VentureKinnevikOutward VCQVenturesSpring Capital+2 more

Montonio provides a unified platform for online merchants to manage checkout, payments, shipping, refunds, and post-purchase operations in one system.

E-commerceFintechSaaSTallinn, EE

Kristofer Turmen(Founder)inRasmus Õisma(Founder)inKarel Nappus(Founder)inMarkus Lember(Founder)in

Co-investorsIndex VenturesSuperAngelGorilla CapitalTera VenturesPractica Capital

Nanordica Medical develops the Nanordica Advanced Antibacterial Wound Dressing, a sterile single-use dressing made of natural silk nanofibers with antibacterial nanoparticles (Premotiv technology) that prevents infection and promotes healing of chronic and infected wounds such as diabetic foot ulcers.

BiotechMedical DevicesNew MaterialsTallinn, EE

Co-investorsSuperAngel

Co-investorsBalnord Sp. z o.o.Change VenturesInventureSuperAngel

Outfunnel builds a data synchronization platform that connects sales and marketing apps such as HubSpot, Pipedrive, Mailchimp, Monday, Airtable, and Klaviyo, letting SMBs sync contacts, score leads, and create cross-platform reporting.

Marketing TechSaaSSales TechTallinn, EE

Andrus Purde(CEO and Co-founder)Markus Leming(Co-Founder & Head of Product and Support)Michiel Klonhammer(CEO)

Co-investorsbyFoundersSpring CapitalSquareOneLIFT99

Parcelsea operates a last-mile delivery network combining community lockers with existing delivery channels to reduce delivery costs and improve first-time delivery success rates for carriers.

Logistics & Supply Chain

Co-investorsDEPO VenturesSuperAngel

Patchstack is a security platform that helps make open-source software safer.

CybersecurityDeveloper ToolsNot explicitly stated

Oliver Sild(Founder)in

Co-investorsKarma VenturesThorgate VenturesTrind Ventures

Fabrice Amalaman(Founder)in

Co-investorsExpert DOJOBlockchain Founders Fund

Salto X provides a stock option and equity management platform for startups, aimed at founders, HR, and recruitment teams as well as option receivers.

FintechHR TechSaaS

Co-investorsBlockwallbyFounders

Salv builds an anti-financial-crime platform providing AML, KYC, and fraud detection tools, along with a network that connects organisations to fight crime collaboratively.

CybersecurityFintechSaaSTallinn, EE

Taavi(Founder & CEO)inSergei(Founder & CTO)inJeff McClelland(Founder)Sergei Rumjantsev(Founder)Taavi Tamkivi(Founder)in

Co-investorsFly VenturesFlyer One VenturesPassion CapitalSuperAngel

SensusQ is an intelligence management platform that collects and fuses multi-domain data from sources such as social media, open-source feeds, sensors, and mobile app reports, then supports data analysis, visualization, and standardized reporting.

Data & InfrastructureDefense TechGovTech

Co-investorsNew North Ventures

Sera provides a team of AI agents that research each target company and write personalized outbound sales messages, capping volume at 150-600 messages a month to protect sender reputation.

AI & Machine LearningSaaSSales TechTallinn, EE

Karl(Co-founder)Sergio Rannula(Founder)

Sonarworks develops audio personalization technology and sound correction software for music creators, recording studios, and consumer listeners.

AI & Machine LearningConsumerCreator EconomyHardwareSaaSRiga, LV

Martins PopelisHelmuts BemsInguna Kronberga(Executive Officer)

BoardGeoffrey Baehr(Director)Kristjan Laanemaa(Director)in

Co-investorsKarma VenturesPerot JainAlmaz CapitalPractica CapitalSuperAngelTrind Ventures

Starship develops autonomous robots for last-mile delivery of groceries, food, and packages to customers.

AI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsSan Francisco, US

Ahti Heinla(Co-founder)inJanus Friis(Co-founder)Lex Bayer(Executive Officer, Director)Mark Dyne(Director)

Co-investorsAir Street CapitalCoefficient CapitalGrishin RoboticsHOF CapitalK2 GlobalKarma Ventures+6 more

Supersimple is an AI data analytics platform that combines governed data warehouse information with company knowledge into a single AI agent, letting teams query data in plain English and build explainable, no-code analyses.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsTera Ventures

Timbeter provides a smartphone-based app that uses AI and machine learning to detect logs, measure diameters and calculate timber volumes from photos, with cloud storage and dashboards for inventory management.

AgTechAI & Machine LearningSaaS

Co-investorsChange VenturesTrind Ventures

TWICE is a commerce operating system for rental and resale businesses, built around serialized inventory that tracks each item as a unique asset with its own lifecycle, pricing, and profitability.

Circular EconomyRetail TechSaaS

Co-investorsMission One CapitalTera Ventures