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Top 35 Mobile VC Funds & Investors in Estonia (May 2026)

The most active venture capital funds investing in Estonia Mobile startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Mobile 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
4 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $161k–$6.9M
Change Ventures
VC Fund
3 Estonia, Lithuania, United States Seed, Pre-Seed, Series A Software, Information Technology, Apps $107k–$3M
Tera Ventures
VC Fund
2 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Commerce $120k–$10M
TMT Investments
VC Fund
2 United States, United Kingdom, Estonia Seed, Series A Software, SaaS, Social Media $200k–$10M
SMOK Ventures
VC Fund
2 Poland, United States, Ukraine Seed, Pre-Seed Software, SaaS, Information Technology $54k–$2.1M
Spring Capital
VC Fund
2 Estonia, Finland, United Kingdom Seed, Pre-Seed, Series A Software, E-Commerce, SaaS $305k–$2.4M
Funderbeam
VC Fund
2 Estonia, United Kingdom Seed, Pre-Seed, Equity Crowdfunding Apps, FinTech, Software $536k–$2M
Verge HealthTech Fund
VC Fund
2 Singapore, Estonia, Taiwan Seed, Pre-Seed Health Care, Medical Device, Medical $500k–$2.4M
Toggl
VC Fund
1 Estonia Seed Apps, Mobile, Database
AU21 Capital
VC Fund
1 Singapore, United States, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1.2M–$14M
DEPO Ventures
VC Fund
1 Czech Republic, United States, Estonia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Machine Learning $107k–$2.2M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Series A Information Technology, Software, B2B $170k–$23M
OIG Ventures
VC Fund
1 Estonia, Singapore, Seychelles Seed, Series A, Initial Coin Offering Blockchain, Gaming, Cryptocurrency
Lotus Capital
VC Fund
1 Egypt, Norway, Estonia Seed Gaming, Blockchain, Mobile Apps
Greycroft
VC Fund
1 United States, United Kingdom, Germany Series A, Seed, Series B Software, E-Commerce, Internet $1.5M–$45M
Contriber Ventures
VC Fund
1 Estonia, Finland, Germany Seed, Angel, Series A Software, Apps, 3D Technology $964k–$2.1M
Intel Capital
VC Fund
1 United States, China, Israel Series B, Series A, Series C Software, Information Technology, Enterprise Software $3.5M–$67M
CofounderZone
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed, Convertible Note Mobile Apps, E-Commerce, Software $121k–$2.1M
Concentric
VC Fund
1 United Kingdom, United States, Norway Seed, Series A, Series B Financial Services, Software, E-Commerce $857k–$225M
TA Ventures
VC Fund
1 United States, Germany, India Seed, Series A E-Commerce, Software, Internet $350k–$14M
hypra.fund
VC Fund
1 Estonia, Ukraine Seed Blockchain, FinTech, Software $500k–$5M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Series B Financial Services, FinTech, Finance $5M–$300M
Shima Capital
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, Gaming $1M–$7.7M
Poolz
VC Fund
1 Singapore, Spain, Estonia Seed, Pre-Seed Cryptocurrency, Blockchain, Gaming $1.5M–$11M
Master Ventures
VC Fund
1 United States, Singapore, Hong Kong Seed, Initial Coin Offering Blockchain, Gaming, Information Technology $1.2M–$60M
Superhero Capital
VC Fund
1 Finland, Estonia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Internet $161k–$4.1M
EstBAN
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Angel Software, Information Technology, EdTech $193k–$1.5M
Cryptomeria Capital
VC Fund
1 Estonia, Canada, United States Seed Blockchain, FinTech, Cryptocurrency $1M–$12M
Panda Capital
VC Fund
1 China, United States, Malta Seed, Series A, Angel Blockchain, Artificial Intelligence, Robotics $140k–$16M
Otis Capital
VC Fund
1 Estonia, Singapore Seed Gaming, Blockchain, Mobile Apps $2M–$5M
Wiser Financial Advisors
VC Fund
1
RubyLight
VC Fund
1 Estonia, Germany, United Kingdom Seed, Series A Apps, Mobile, Local $1.4M–$6.4M
Dragonfly
VC Fund
1 United States, Hong Kong, Singapore Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.6M–$35M
BullPerks
VC Fund
1 Estonia, Lithuania, Seychelles Seed, Initial Coin Offering Gaming, Cryptocurrency, Blockchain $125k–$5M
Cambridge Angels group
VC Fund
1 United Kingdom, United States, Estonia Seed, Series A Software, Health Care, Biotechnology $244k–$16M
Access all 23 VC funds in Estonia Mobile startups.

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

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Investor list

Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Mobile 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, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 61
  • Round size: Seed $536k–$3.5M; Pre-Seed $161k–$1M; Series A $5.4M–$6.9M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $33M in 2022

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • Koos — KOOS is a simple legal and technological solution for motivating and rewarding your community. Boost your growth by sharing success.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Mobile startups, 7 in the past 12 months

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Lithuania, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $321k–$3M; Pre-Seed $107k–$2.1M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
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Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile startups

Tera Ventures is a venture capital firm based in Tallinn, Estonia and focused on exceptional founders from Baltics, Scandinavia and CEE, disrupting digital space globally. Tera builds presence and networks in the markets where our portfolio companies want to expand to - the UK, the US, and Asia. With presence in Estonia, Finland, and California,Tera Ventures is supported by a global advisory network and provides portfolio companies with access to expertise and hands-on support necessary to grow from pre-seed and seed stage to successful exit. While investing we do not take a controlling shareholding as they believe that the management of the company should be adequately motivated by its shareholding in the company.

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $536k–$2.7M; Pre-Seed $120k–$1M; Series A $1.2M–$10M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Avokaado — We automate contracts to take over your manual work. All-in-one toolbox for everyone in an organization to automate, negotiate, sign, and manage contracts. Customer contracts, employment agreements, investor agreements, and others are all fully automated.
  • AI Clearing — Full digital field construction progress tracking. To decrease re-work cost. To mitigate litigation risk. 100% databased.
  • Miros — Elevate the experience with Wordless Search for ecommerce. Mirror your shoppers intent and surface the products they have in mind.
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TMT Investments
VC Fund · St. Helier, NA - Jersey, Jersey · 2 investments in Estonia Mobile 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, United Kingdom, Estonia

Investor stats

  • Total investments: 99
  • Round size: Seed $200k–$5M; Series A $1M–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • Feel — We make the cleanest, potent supplements in the world. Delivered straight to your door. Designed by nutritionists for energy, sleep, stress and hair, skin & nails.
  • Whizz — My Device is a subscription-based rental service provider for devices like electric scooters, bicycles, home sports equipment, etc.
  • Mobilo Card — Share your contact details with a tap. The best digital business card for teams. This is a real business card, no app. The best and cheapest digital business card.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Estonia Mobile startups, 8 in the past 12 months

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 35
  • Round size: Seed $107k–$2.1M; Pre-Seed $54k–$536k
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Nethica — Marketplace for truly sustainable fashion
  • Workee — Workee is a software platform that builds business for freelancers. Scale and autopilot business routing as bookings, payments, client, and work management.
  • Masthead Data — Identify and fix data errors before they impact the business. Masthead gives data teams and data users full confidence in data quality for decision-making.
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Mobile 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, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $305k–$2.4M; Pre-Seed $536k–$586k
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $3.5M 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.
  • FoodDocs — Globally trusted Food Safety Management System to get and stay compliant. #1 Food Safety software for production, food service, and retail.
  • EyeVi Technologies — EyeVi is a provider of road network intelligence with AI-powered on-demand mapping technologies.
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Funderbeam
VC Fund · London, England, United Kingdom · 2 investments in Estonia Mobile 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 $536k–$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 — UpSteam is a mobile car wash that comes to your home, office, wherever. Pick a time and a location. Our trained Washer will come to you. Get UpSteam and skip the driving and waiting in a carwash.
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Verge HealthTech Fund
VC Fund · Singapore, Central Region, Singapore · 2 investments in Estonia Mobile startups

We make early investments in global healthcare technology companies that address prevention, disease management and health system efficiency that are relevant to emerging Asia​They believe that innovation can happen anywhere, from the streets of Dhaka to the labs of Oxford, however without the right support network, these solutions might notscale, or find the best world-changing application. This is where they can help.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Pre-Seed
  • Geography: Singapore, Estonia, Taiwan

Investor stats

  • Total investments: 11
  • Round size: Seed $500k–$2.4M; Pre-Seed $500k–$1M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • MX Labs — Allow your user to comprehensively monitor their vital signs. Check wellbeing, prevent misdiagnosis, and motivate lifestyle changes thanks to Shen.AI.
  • Saludtools — Saludtools is a digital platform that improves access, quality and reliability of medical services for thousands of patients in Latin America. Our innovative and friendly technology breaks the barriers that prevent a better medical attention. We are about making outstanding healthcare accessible for everyone.
  • VitruvianMD — VitruvianMD combines biomedical engineering and state-of-the-art artificial intelligence (AI) to deliver affordable, high-accuracy diagnostic tools for medical laboratories, with a particular focus on servicing emerging markets.
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Toggl
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile startups

Stress-free time tracking software, project-planning, and hiring. Designed by and for teams that work from anywhere.

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Investment focus

  • Industry: Apps, Mobile, Database
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Timbeter — The most accurate and easy-to-use mobile platform with built-in cloud storage, online inventory & reporting for easy adoption. Using image recognition and machine learning technology, Timbeter is creating the world's largest database of photometrically scanned timber logs.
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AU21 Capital
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, United States, United Kingdom

Investor stats

  • Total investments: 124
  • Round size: Seed $1.3M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Nillion — The Secure Processing Layer of Web3
  • The Unfettered — The Unfettered is a blockchain PC game.
  • Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.
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Access 48,091 investors

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

Browse database — It's Free!
DEPO Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Mobile startups

DEPO Ventures is an angel network and VC (Grouport and DEPO Angels Fund II), which connects world of startups and investors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Czech Republic, United States, Estonia

Investor stats

  • Total investments: 19
  • Round size: Seed $1M–$2.2M; Pre-Seed $107k–$2M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • yummy — Yummy will create personalised meals, manage your diet, assist with cooking, amuse you, and go shopping for you.
  • Cardino — Cardino - Verkaufen Sie Ihr E-Auto digital zum besten Preis. Entdecken Sie die einfache und bequeme Art, Ihr Elektroauto online zu verkaufen.
  • Masthead Data — Identify and fix data errors before they impact the business. Masthead gives data teams and data users full confidence in data quality for decision-making.
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Mobile startups

Practica Capital

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Investment focus

  • Industry: Information Technology, Software, B2B
  • Stage:Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 82
  • Round size: Seed $170k–$1.7M; Series A $2.1M–$23M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Favro — The #1 app making collaborative planning working at scale between teams for SaaS & Live Games companies. Agile team collaboration, smoother than ever.
  • AMLYZE — AMLYZE Risk Assessment Module is an automated customer AML/CFT Risk Assessment and Management feature for financial companies.
  • Atrandi Biosciences — Achieve your discoveries easier using high-throughput screening and droplet microfluidics. Create your own custom workflows for any R&D or academic applications.
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OIG Ventures
VC Fund · 1 investments in Estonia Mobile startups

OIG Ventures is an investment firm.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A, Initial Coin Offering
  • Geography: Estonia, Singapore, Seychelles

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • GEMS — GEMS is an Esports 3.0 aggregator Platform that combines the elements of GameFi, Esports, Metaverse and SocialFi (GEMS).
  • Metastrike — Metastrike is a Metaverse first-person shooter (FPS) 3D game integrated into the blockchain.
  • Aura Network — Aura Network is a scalable, agile and effortless Layer-1 blockchain with a comprehensive ecosystem built to accelerate global NFTs adoption.
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Lotus Capital
VC Fund · New York, New York, United States · 1 investments in Estonia Mobile startups

Lotus Capital Investments

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Investment focus

  • Industry: Gaming, Blockchain, Mobile Apps
  • Stage:Seed
  • Geography: Egypt, Norway, Estonia

Investor stats

  • Total investments: 9
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Joystream — JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform.
  • Forward Protocol — Create Blockchains, Subnets, and dApps with A No-Code Interface Wordpress for Web 3.0 Cross-Chain Compatible Industry Agnostic Adoption-Focused Deploy Your dApp Now Join the Community Featured In Deploy and go live in a few minutes. No programming skills required. https://www.youtube.com/watch?v=K07z8cQPQGI&ab_channel=ForwardProtocol Lowest Barrier to Entry Easy to use Open Source Drag and drop Complete control Set
  • The Fashion Kingdom — Fashion, Sneakers for men, women, and kids
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Greycroft
VC Fund · New York, New York, United States · 1 investments in Estonia Mobile startups, 30 in the past 12 months

Venture capital and technology investments

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Investment focus

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

Investor stats

  • Total investments: 597
  • Round size: Seed $1.5M–$7M; Series A $3M–$20M; Series B $5M–$45M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $378M in 2023

Portfolio highlights

  • JOKR — Grocery shopping is easier now with JOKR, your instant delivery app. Order your groceries and favorite products in our online supermarket and get them instantly at your door. Download the app now and make your first grocery order on us. Available in IOs and Android. Access www.jokr.com for more info
  • Vera — Vera develops an assessment platform to identify and address risks in artificial intelligence and machine learning models. It engages key stakeholders across teams to create data-driven assessments and use data science tools to investigate AI and ML models, helping organizations navigate through uncertainty and protecting companies and individualsfrom risky artificial intelligence systems.
  • Nextdata — Nextdata offers an operating system for decentralized data at scale on an AI platform.
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Contriber Ventures
VC Fund · Tartu, Tartumaa, Estonia · 1 investments in Estonia Mobile startups

.Cocoon | Hubs | Investments

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Investment focus

  • Industry: Software, Apps, 3D Technology
  • Stage:Seed, Angel, Series A
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $964k–$2.1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Speakly — SPEAKLY is a powerful language learning tool
  • Timbeter — The most accurate and easy-to-use mobile platform with built-in cloud storage, online inventory & reporting for easy adoption. Using image recognition and machine learning technology, Timbeter is creating the world's largest database of photometrically scanned timber logs.
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
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Intel Capital
VC Fund · Santa Clara, California, United States · 1 investments in Estonia Mobile startups, 23 in the past 12 months

Intel Capital is uniquely positioned to help build the companies of tomorrow. Our investment team is backed with deep domain knowledge and the resources of Intel to assist companies in their paths to success.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 821
  • Round size: Series A $3.5M–$20M; Series B $6M–$35M; Series C $6M–$67M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • SiPhox Health — SiPhox offers a handheld testing device with RNA/DNA and protein testing for point-of-care and At-Home solutions. The company's kit is made by multiplexing RNA, antibody, and antigen tests on a single silicon photonic chip which is amplified by plasmon resonance and silicon photonic resonator readout, enabling users to undertake tests fordisease safely and in a disposable point-of-care and at-home manner.SiPhox was founded in 2020 and is based in Cambridge, Massachusetts, USA.
  • MerQube — MerQube is a cloud native indexing platform designed for designing, calculating, and disseminating financial indices at scale. In the growing space of passive (index-linked) indexing, MerQube provides robust financial indices in the areas of equities, futures and options and ESG and has the expertise that spans market-capitalization weightedindices to risk-premia, volatility, thematics, and ESG.
  • wooptix — Wooptix is a developer of light field and wavefront phase imaging platform designed to acquire all information about the light using
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CofounderZone
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia Mobile startups

CofounderZone stands for ecosystem, where two coexisting worlds are finding common ground to cooperate. The blue ocean is represented by innovative enterprises, utilising groundbreaking technologies and non-linear business models, but lacking resources to scale. The red ocean is the opposite world, dominated by corporations, strugling to maintaintheir position, despite being equiped with abundence of knowledge and assets. This type of collaboration is not easy. That is why CofounderZone, puts strong emphasis on people – cofounders of startups and founders of established businesses, turned angel investors, to help the exchange of experience, human and investment capital. #cfdrz

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Investment focus

  • Industry: Mobile Apps, E-Commerce, Software
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 16
  • Round size: Seed $911k–$2.1M; Pre-Seed $121k–$300k
  • Lead/follow: 88% lead, 12% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Milluu — Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.We believe that things are done properly when you're personally invested. And we invest our technology & smart tools to help you find your next home or your next ideal tenant!We have created a service app that connects directly listers andtenants based on their preferences.Based on AI and ML, our Milluu Bot is the friendly face of the app, assisting you permanently in your rental journey, making suggestions for great matches and helping you close the deal.
  • Ecobean — Ecobean developed a proprietary technology to process waste coffee grounds into sustainable raw materials and specialty chemicals. The company addresses a global problem with a scalable, deep-tech solution that decreases carbon footprint and creates significant economic value. Coffee is the second most valuable commodity traded globally and itswaste is a rich source of compounds which require greater reuse.
  • Auxilius Pharma — Auxilius Pharma is a dynamic start-up specialized pharma company with a focus on further developing and optimizing medications well established in some markets but not in the others, for the benefit of patients and to address major unmet needs in an increasingly cost conscious health care market environment.
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Concentric
VC Fund · London, England, United Kingdom · 1 investments in Estonia Mobile 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, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Norway

Investor stats

  • Total investments: 69
  • Round size: Seed $857k–$4.6M; Series A $1.7M–$13M; Series B $1.2M–$225M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Relai — Relai is a Bitcoin investment app that allows anyone to buy bitcoin within one minutes or set up an automated savings plan.
  • ThingTrax — Realise improved efficiency, quality control, employee safety and productivity by modernising your factories with ThingTrax's AI and IoT
  • Superscript — Specialist insurance advice for digital businesses and emerging risk. Get business insurance that's as cutting edge as you are. Book a call.
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TA Ventures
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Estonia Mobile startups

TA Ventures is globally-minded and network-driven VC firm investing in early-stage tech startups in Europe and North America shaping the industries of tomorrow. Our ticket size starts from $100k up to $1M. We offer speed of execution, proactive support, and access to a broad international network. Drawing upon our network, we support our portfoliocompanies by proactively soliciting large, growth-minded co-investors in subsequent rounds. We utilize our industry knowledge and network to give portfolio companies and partner VCs access to the highly skilled and cost-effective R&D outsourcing teams in Central and Eastern Europe.

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Investment focus

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

Investor stats

  • Total investments: 135
  • Round size: Seed $350k–$5M; Series A $2.3M–$14M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Giza — Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design.
  • Utorg — Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver а top-notch user experience. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against fiat currency, virtual currency wallet service, and exchanging virtualcurrency against a virtual currency.Utorg was founded in 2020 and is based in Tallinn, Estonia.
  • Cube3.ai — CUBE3.AI is a web3 security platform that provides real-time transaction protection for smart contracts, safeguarding against cyber exploits, fraud, and compliance risks.
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hypra.fund
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Estonia Mobile startups

We create the conditions for rapid company growth so the founder can focus entirely on product development.

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Investment focus

  • Industry: Blockchain, FinTech, Software
  • Stage:Seed
  • Geography: Estonia, Ukraine

Investor stats

  • Total investments: 2
  • Round size: Seed $500k–$5M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Utorg — Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver а top-notch user experience. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against fiat currency, virtual currency wallet service, and exchanging virtualcurrency against a virtual currency.Utorg was founded in 2020 and is based in Tallinn, Estonia.
  • EvaCodes — We take every project personally. We treat each business idea as our own. We invest the expertise, the know-how, the entrepreneurial spirit to impart the innovative interpretation and digital embodiment to our clients’ ideas. We aim to present only solutions to clients while hiring the top IT talent to deal with unavoidable issues.Evacodesrecognizes the competitive edge of the blockchain development services market. This is just one of the multiple reasons why we go that extra mile. Every time. With every project. This is also why we keep winning tenders for mobile app and software development services. This is why we manage to keep our clients coming back with bigger projects & still live up to their high expectations. App after app again.Our major expertise in custom software development lies in the below fields:Blockchain solutions Mobile Apps development Custom Software development E-commerce Software QA & testing IoT solutions Digital transformation We are focusing on assisting to integrate digital transformation to mid-sized and growing businesses from these industries:FinTech Real estate Communication Healthcare Media Business Retail & Commerce Games & Entertainment Education
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Estonia Mobile startups, 26 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, FinTech, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 255
  • Round size: Series B $5M–$30M; Debt Financing $20M–$300M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • SteinCares — SteinCares is a supplier of specialty healthcare products, such as complex generics, biosimilars, and cutting-edge pharmaceuticals.
  • Veritas Finance — Veritas Finance focuses on meeting the financial needs of the micro, small, and medium enterprises. Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or inadequate access to financial services in the informal sector. 'Veritas' in Latin meanstruth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.The company is run by professionals with rich experience in the financial services industry that aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.
  • Mahindra Last Mile Mobility — Mile Mobility is a division of M&M that is in charge of the company's well-known mix of petrol, CNG, diesel, and electric last mile mobility 3- and 4-wheelers - passenger and freight vehicles.
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Shima Capital
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile startups, 38 in the past 12 months

Shima Capital is an investment fund that focuses on supporting cutting-edge blockchain startups. The firm is headquartered in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 189
  • Round size: Seed $1.5M–$7.7M; Pre-Seed $1M–$2.1M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Artela — Artela is an extensible blockchain network enabling developers to build feature rich dApps.
  • Web3Go — Web3Go is a blockchain startup that provides data tools powered by artificial intelligence.
  • Pixion Games — Pixion Games is a studio focused on building competitive esports games for mobile device.
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Poolz
VC Fund · 1 investments in Estonia Mobile startups

Poolz is a decentralized swapping protocol offering blockchain startups the ideal package of services, including tech, investors, and influencers, to manage their listing process successfully on the Poolz D’app.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: Singapore, Spain, Estonia

Investor stats

  • Total investments: 10
  • Round size: Seed $1.5M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • metameet — Create worlds, explore and trade NFTs in the first-ever virtual world owned by its users.
  • Banger — Banger is a blockchain-powered gaming platform that provides its users with an array of earning possibilities. Banger was founded in 2019 and was headquartered in Madrid, Spain.
  • Neptune Mutual — Need Crypto Insurance? You don't need to submit loss proof to receive payouts. No need to wait after creating a claim. Get a free price quote now.
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Master Ventures
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Estonia Mobile startups

Master Ventures is a blockchain focused venture studio. We combine visionary ideas, exceptional talent, and investment capital to invest and build the next generation of revolutionary blockchain businesses and products.

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Investment focus

  • Industry: Blockchain, Gaming, Information Technology
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 55
  • Round size: Seed $1.7M–$7.7M; Initial Coin Offering $1.2M–$60M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely still investing — raised $30M in 2021

Portfolio highlights

  • Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
  • HitBox Games — HitBox Games was founded by industry veterans to provide dev teams around the world with a transparent and ethical publishing option.
  • Aether Games — Aether Games are the creative talent behind both of the widely expected NFT-based game titles: Gates of Ethernity and Cards of Ethernity. In addition, the studio's creative efforts are up to be represented by the CGI mini-series "Aether" and many more.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Mobile startups, 8 in the past 12 months

Early-stage VC searching for the next Superheroes.

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $161k–$2.4M; Pre-Seed $686k–$1.8M; Series A $3.3M–$4.1M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • Phaver — Welcome to the biggest mobile app on Lens Protocol. Access all that Web3 Social has to offer through one easy-to-use app. Engage with your favourite creators, connect your NFT's, earn rewards and more
  • Videobot — Grow your business with personalised video funnels that engage your audience with human interaction, capture leads, guide your users, enhance customer satisfaction and increase conversion rate.Short videos have already become dominant across social media platforms. Now, this beloved user experience is available on company websites as well. The applications are vast and varied. Discover how it all works by reserving your own presentation slot.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile 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, Information Technology, EdTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 11
  • Round size: Seed $600k–$1.5M; Angel $214k–$1M; Pre-Seed $193k–$439k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • VSight — VSight is an industrial collaboration and knowledge-sharing platform powered by Augmented Reality to empower the industrial workforce.
  • RAIKU Packaging — 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.
  • DriveX Technologies — DriveX offers a trustworthy self-serviced car inspection software for the used car, insurance and car rental markets.
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Cryptomeria Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Estonia Mobile startups

We help you to enter the Chinese crypto market. We invest in blockchain projects.

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Investment focus

  • Industry: Blockchain, FinTech, Cryptocurrency
  • Stage:Seed
  • Geography: Estonia, Canada, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $1M–$12M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • MetaMundo — MetaMundo is the destination for collecting unique 3D avatars ready to use across games, VR/AR, social media and the metaverse.
  • Tradelize — Tradelize is LinkedIn for crypto traders and investors backed by real trading stats. Here anyone can find a way to increase their returns on the cryptocurrency market.
  • IQ Labs — IQ Marketplace offers unique NFTs with exclusive utilities, boosting your in-game experience. With flexible renting parameters and multiple payment options, rent without collateral and unlock the full utility of NFTs. Say goodbye to gas fees with our gasless renting feature and multiply the value of NFT collections with our multi-utility renting. Explore now
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Panda Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Estonia Mobile startups

Founded in 2015, Panda Capital is a new generation venture capital firm in China focused on early-stage businesses powered by innovative and disruptive technology.Panda Capital is a disciplined early-stage investor focused on companies from Angel to Series B stages and strive to become their first or the second institutional investor.We focus onfast-growing tech startups in areas including Data Driven AI Applications, Enterprise Services, Fintech, Logistics, Mobility & Transportation, and New Generation Consumer Trends.Our family of portfolio companies include: Mobike (Now as Meituan Bike), Atzuche, Mi-Me Financial, 1ziton, Intengine Technology, Xunyi (Antwork), Robot++, Aiwhale, Dr. White and Fulmz AI, etc. Panda Capital have received various awards including "2017 & 2018 China Venture Capital Firms Top 10" by Zero2IPO, “2017 China’s Best Venture Capital Firms Top 10” and “2017 China’s Best Return Venture Capital Firms Top 10” by China Venture, and “2017 China Venture Capital Firms in Sharing Economy Top 10” by 36Kr, etc.

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Investment focus

  • Industry: Blockchain, Artificial Intelligence, Robotics
  • Stage:Seed, Series A, Angel
  • Geography: China, United States, Malta

Investor stats

  • Total investments: 45
  • Round size: Seed $1.4M–$7.7M; Angel $140k–$1.5M; Series A $1.4M–$16M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $96M in 2018

Portfolio highlights

  • Blue Protein — Blue Protein is a biotechnology company that focuses on the research and development of animal feed or edible insects.
  • Theia Studios — Icons of Theia - a tactical turn based strategy game
  • Qiming Supply Chain — Qiming Supply Chain aims to empower brand owners and distributors, providing them with comprehensive services such as channel construction, system services, and logistics delivery. The main service categories are fast-moving consumer goods. The current coverage area includes East China, Northeast China, North China and other regions, and Continueto expand outwards and build itself into an omni-channel consumer goods distribution service provider in the whole country.
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Otis Capital
VC Fund · Hanoi, NA - Vietnam, Vietnam · 1 investments in Estonia Mobile startups

Otis Capital Fund Management Company (“OCAM”) is one of the industry leaders in the field of digital asset investment in Vietnam. Licensed by the Department of Planning and Investment of Hanoi City with the field of fund management, investment portfolio management, and investment consulting services. OCAM's vision and goal is to provide themost optimal investment solutions for investors, as well as the best investment knowledge, finance, and customer care services.

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Investment focus

  • Industry: Gaming, Blockchain, Mobile Apps
  • Stage:Seed
  • Geography: Estonia, Singapore

Investor stats

  • Total investments: 2
  • Round size: Seed $2M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chimeras — Chimeras is a thrilling mobile game available in Google Play Market and Apple App Store. It is developed as a free-to-play and play-and-earn game with the integrated DEFI farming and NFTs.
  • Enjinstarter — Web 3.0 Entertainment, Sports, Fashion, Metaverse, Social, Gamefi & Gamified Utility
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Wiser Financial Advisors
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Mobile startups

Companies in our portfolio

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Investor stats

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

Portfolio highlights

  • Timbeter — The most accurate and easy-to-use mobile platform with built-in cloud storage, online inventory & reporting for easy adoption. Using image recognition and machine learning technology, Timbeter is creating the world's largest database of photometrically scanned timber logs.
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RubyLight
VC Fund · Riga, Riga, Latvia · 1 investments in Estonia Mobile 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, Local
  • Stage:Seed, Series A
  • Geography: Estonia, Germany, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.4M–$5.7M; Series A $5.4M–$6.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Tandem — Tandem is the app that connects language learners around the globe. Ten million members are currently using the platform, which enables individuals to connect and learn new languages via text, audio, and video chat. More than 300 languages are currently available, including fictional and sign languages. Tandem was founded by Arnd Aschentrup,Tobias Dickmeis, and Dr. Matthias Kleimann. The company is backed by prominent European investors such as Brighteye Ventures, GPS Ventures, Hannover Beteiligungsfonds, Rubylight Limited, Trind Ventures and Atlantic Labs.  Tandem is available for free on iOS, Android, and the Web. Find out more at www.tandem.net.Tandem was founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann and was listed by Apple in their "App Store Best of 2015" and by Google in their "Play Store Best of 2017."
  • Peerby — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
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Dragonfly
VC Fund · San Francisco, California, United States · 1 investments in Estonia Mobile startups, 20 in the past 12 months

A cross-border cryptoasset investment firm. Global from day one.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Hong Kong, Singapore

Investor stats

  • Total investments: 128
  • Round size: Seed $1.6M–$10M; Series A $6M–$35M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Florida Street — PIXEL GG INC.
  • Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
  • Mahjong Meta — Mahjong Meta is a Web3 gaming platform on Ethereum, providing Mahjong lovers with an innovative gaming experience.
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BullPerks
VC Fund · 1 investments in Estonia Mobile startups

The Ultimate and most fair platform for retail buyers to get access to private sale allocations to the most sought after crypto projects just like crypto funds do

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Investment focus

  • Industry: Gaming, Cryptocurrency, Blockchain
  • Stage:Seed, Initial Coin Offering
  • Geography: Estonia, Lithuania, Seychelles

Investor stats

  • Total investments: 6
  • Round size: Seed $125k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MetaMall — Metamall will offer a unique virtual reality experience on the blockchain, allowing users to build, explore, and trade.
  • Spellfire — Long Lost World is Coming Back. Are You Ready To Own It?
  • Goons of Balatroon — A 2D/3D hybrid metaverse featuring Free 2 Play 2 Earn card strategy gaming and land ownership. Ridiculous. Chaotic. Fun. Play for free and earn!
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Cambridge Angels group
VC Fund · Cambridge, Cambridgeshire, United Kingdom · 1 investments in Estonia Mobile startups

The Cambridge Angels are a group of high-net worth investors who have proven experience as successful entrepreneurs in internet, software, technology and bio-technology. Members invest in and mentor high quality start-up and early-stage companies in these sectors in the Cambridge (UK) area and throughout the UK.Typical funding requirements thatthe Cambridge Angels meet are in the range of £50,000 to £500,000 - although it is worth noting that several of their portfolio companies have received more than £1m in funding from their Members over several funding rounds.Their Members have been responsible for a large number of the “Cambridge Phenomenon” success stories over recent years. Therefore, in addition to providing funding for early-stage companies, the Cambridge Angels also offer start-ups the considerable benefit of a wide range of expertise, contacts and directly relevant experience in establishing and growing entrepreneurial businesses successfully.

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Investment focus

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

Investor stats

  • Total investments: 116
  • Round size: Seed $244k–$2.5M; Series A $983k–$16M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Molymem — Molymem enhances the performance of filtering membranes used in separation processes including desalination and the removal of industrial contaminants.
  • Silveray — Silveray develop affordable large-area direct conversion detectors for the X-ray imaging market.
  • Five Alarm Bio — Five Alarm Bio is a drug discovery company. Five Alarm intends to use discoveries to provide secure and efficient remedies for a variety of age-related illnesses and limitations. Five Alarm Bio is creating a small molecule strategy to strengthen the body's defense against aging.
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Mobile VC funding in Estonia at a glance

Stats across 17 deals from 23 investors.

23
investors
in Estonia Mobile startups
17
deals
in Estonia Mobile startups
$214k
median round
in Estonia Mobile startups
35%
lead investors
lead at least one round
47%
Seed
most common funding stage

Access all 23 VC funds in Estonia Mobile startups.

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