Company lists · Data refreshed September 2026

Top 19 Micro venture capital firms based in Estonia

RevenueBase identified 51 micro venture capital firms headquartered in Estonia as of September 2026 and tracks 469 professional contacts across them, including 121 with verified work emails and 14 with mobile numbers. Tallinn is the largest hub.

This list covers micro venture capital firms headquartered in Estonia, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, how directly it supports the match, and when it was last checked. Data refreshed September 5, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row Match evidence on every row Refreshed Sep 5, 2026 86% judged on-target in blind review
51Companies
469Contacts tracked
121Verified emails
14Mobile numbers
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The 19 largest micro venture capital firms based in Estonia

Ranked by team size
Top 19 of 51 micro venture capital firms based in Estonia, ranked by team size, largest first. Data refreshed Sep 5, 2026. Evidence rates how directly each company's own description names micro venture capital firms: strong (names it), partial (names part of it), indirect (matched on its full profile rather than the summary shown). Click a count to unlock that company's people.
#CompanyHeadquartersEmployeesContacts
1
Startup Wise GuysIndirect evidence
City Centre, EstoniaHQ checked Sep 5, 202651-200107

“We are a diverse team of tech lovers, mentors, experts, and founders ourselves bound together by our passion to support founders on their entrepreneurial journey.”

Source: company website · checked Sep 5, 2026
2
Netsolid InvestmentsPartial evidence
Tallinn, EstoniaHQ checked Sep 5, 202611-5030

“With capital infusion, we help entrepreneurs find new revenue streams, achieve operation efficiency, and get the best partners around the world.”

Source: company website · checked Sep 5, 2026
3
Riddec Venture StudioPartial evidence
Tallinn, EstoniaHQ checked Sep 5, 202611-5027

“At Riddec Venture Studio, we are passionate product builders.”

Source: company website · checked Sep 5, 2026
4
WaveupIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 202611-5019

“For founders: Your one-stop fundraising & growth hacking support.”

Source: company website · checked Sep 5, 2026
5
SmartcapStrong evidence
City Centre, EstoniaHQ checked Sep 5, 202611-5015

“We aim to ensure best seed and growth financing opportunities, mainly through private sector venture capital funds, to develop Estonia’s venture capital market and enable…”

Source: company website · checked Sep 5, 2026
6
Tera VenturesPartial evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-1011

“Tera Ventures is an international investment firm based in Estonia.”

Source: company website · checked Sep 5, 2026
7
DealumIndirect evidence
Tartu, EstoniaHQ checked Sep 5, 202611-5011

“Dealum provides a superior investor group collaboration platform to build a vibrant early-stage investing ecosystem.”

Source: company website · checked Sep 5, 2026
8
Karma VenturesPartial evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-109

“Karma Ventures is a VC firm backing deep-tech software startups in Europe at late seed and Series A.”

Source: company website · checked Sep 5, 2026
9
Beamline AcceleratorIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-109

“Beamline Accelerator | Investing in Clean Innovation @pre-seed and @seed Having defined cleantech in the region, Beamline is established to meet the needs of the market – there is…”

Source: company website · checked Sep 5, 2026
10
Specialist VCStrong evidence
City Centre, EstoniaHQ checked Sep 5, 20261-108

“We are a €50m venture capital fund, focusing on investments into promising tech startups from pre-seed to A-rounds.”

Source: company website · checked Sep 5, 2026
11
Prototron FundIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-108

“Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype.”

Source: company website · checked Sep 5, 2026
12
SuperangelIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-106

“Superangel is early stage investment fund and company builder.”

Source: company website · checked Sep 5, 2026
13
2c VenturesIndirect evidence
City Centre, EstoniaHQ checked Sep 5, 20261-105

“Passionate about catalyzing positive change through innovation?”

Source: company website · checked Sep 5, 2026
14
Change VenturesIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-105

“We back ambitious Baltic founders, both in Estonia, Latvia, or Lithuania, and the diaspora around the globe.”

Source: company website · checked Sep 5, 2026
15
Spring CapitalStrong evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-105

“Spring Capital is a venture capital firm that operates two distinct funds: Seed and Growth.”

Source: company website · checked Sep 5, 2026
16
MikaelsIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-104

“We are Mikaels.”

Source: company website · checked Sep 5, 2026
17
Nutshell VenturesPartial evidence
City Centre, EstoniaHQ checked Sep 5, 20261-102

“Our goal is to help foster a sustainable future by delivering capital, resources, and expertise to innovative companies and entrepreneurs in the green technology space.”

Source: company website · checked Sep 5, 2026
18
ImpactbuildersStrong evidence
Tallinn, EstoniaHQ checked Sep 5, 202611-501

“As a venture builder, we revive the portfolio companies of Venture Capital providers, Private Equity investors, Family Offices.”

Source: company website · checked Sep 5, 2026
19
Magnetic MartenIndirect evidence
Tallinn, EstoniaHQ checked Sep 5, 20261-101

“Angel investment Inseact - https://inseact.com/ Moss - https://en.getmoss.com/ Rendin - https://rendin.ee/en Emmora - https://emmora.de/ Workademy - Printify -…”

Source: company website · checked Sep 5, 2026

Showing 19 of 51 micro venture capital firms based in Estonia

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Micro venture capital firms based in Estonia at a glance

As of Sep 5, 2026
1-10Median size (employees)
TallinnLargest hub · 39 HQs
14Contacts with mobile numbers
Sep 5, 2026Data refreshed

Companies by employee count

1-10
32
11-50
16
51-200
1
1,001-5,000
1

Verified emails by last verification

0–30
116
31–60
5
61–90
0
90–180
0
180+
0

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among micro venture capital firms, so some rows will be adjacent to the category rather than pure plays. The description and evidence rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Estonia whose own description of what they do matches “micro venture capital firms”. Matching reads each company's description, not its industry code or its name.
What we exclude
Companies whose own description does not clearly place them among micro venture capital firms, and records with no verified work email. Companies headquartered outside Estonia are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and an evidence rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 121 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 5, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Micro venture capital firms by metro

  • Micro venture capital firms in Tallinn39

Frequently asked

How many micro venture capital firms are there based in Estonia?

RevenueBase identified 51 micro venture capital firms headquartered in Estonia as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Startup Wise Guys, headquartered in Estonia, tops this list with the largest team on record.

Which city has the most micro venture capital firms?

Tallinn leads with 39 headquartered companies, followed by Tartu (2) and City Centre (1).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 121 verified decision-maker contacts tracked across these 51 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 5, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase SmartSearch, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.