How to Raise Funds for Estonian Startup — Exploring the Investment Landscape in Estonia

Name;Key Facts;Portfolio

1) Eesti Arengufond link=http://www.arengufond.ee; — The state-run public institution;20 companies; ; — Investment into technology-intensive SMEs with strong international growth potential; ; — It is a great option only for those who are developing products for the Estonian market.; ; ; ; ; ; ; 2) Enterprise Estonia link=https://www.eas.ee/teenus/starditoetus-eng-2/?lang=en; — National fund;No data ; — Startup entrepreneurs who created their company within the previous 24 months; ; — Potential startups must meet certain criteria: creating new jobs, increasing sales revenue; ; — Focus on the development and introduction of Estonian tourism products to foreign tour operators, as well as the training of Estonian tourism enterprises; ; Full list of grants and services link=https://www.eas.ee/teenused/?lang=en;

Name;Details

1) European Investment Project Portal link=https://ec.europa.eu/eipp/desktop/en/index.html; — The state fund of development; ; — You can register your project on the site with a description of the details, features, location ; — A potential investor can give you a different sum of money ; ; ; ; ; ; 2) Funderbeam link=https://www.funderbeam.com; — Diverse sources of capital including Angels and VC’s ; — Investors from 134 countries ; — Experts help to build a compelling campaign ; ; ; ; ; ; 3) Fundwise link=https://fundwise.me; — The first participation-based crowdfunding platform in the Baltics ; — You can register your project on the site, with its detailed description, setting the problem and ways to solve it, business model, risk and mitigation, etc. ; — Suit all type of enterprises ; — The duration of the campaign is, in general, 30-45 days

Name;The Deadline;Project Stages;Project Types;Number of places

1) Base Camp link=https://www.superangel.io/basecamp;Applications up to the 25th of September;Early-stage/Ready to grow; AI/ML applications, Fintech, Mobility, Deep Tech, IoT, Robotics, SaaS startups, globally (interested in, but not limited to, these types); 30 2) Startup Wise Guys link=https://startupwiseguys.com;Application for 2021 is closed, try to participate next spring;Early-stage (a company with initial traction, a passionate and solid team);B2B, Cyber Security, Enterprise Software, FinTech, SaaS, Software, Sustainability; 10-12 3) Ajujaht link=https://www.ajujaht.ee;Submission of business ideas - autumn;The only condition is that the startup should not make a profit during the previous 6 months;There are no limits to the areas of business; 100 4) sTARTUp Day link=https://www.startupday.ee;Get tickets up to August;Early-stage (Pitching competition is open for all promising startups), Ready to grow (Take your startup to the next level with specialized workshops);There are no limits to the areas of business; No limits for 2021 5) Latitude 59 link=https://latitude59.ee;Get tickets up to May;Early-stage (Pitching competition is open for all promising startups), Ready to grow (Take your startups to the next level);The information is not available; The information is not available (in 2020 - 500+) 6) Prototron link=https://prototron.ee;Application for 2021 is closed, try to participate next spring;Early-stage;All fields, especially: Greentech, Digitalization of Industry, New materials, Health-tech, Fintech; 50

Name;Investments;Number of Portfolio Companies;Average Check;Project Stages;Project Types

1) BaltCap link=https://www.baltcap.com;40;36; 2-4 million euros; Early-stage/Seed;Finance, Financial Services, Venture Capital 2) Tera Ventures link=https://www.tera.vc;36;26; 600 000 euros; Early-stage;Artificial Intelligence, B2B, Finance, Financial Services, Machine Learning, SaaS, Software, Venture Capital 3) Superangel link=https://www.superangel.io;31;29; 551 724 euros; Early-stage;Venture Capital 4) Karma Ventures link=https://www.karma.vc;16;13; 1-3 million euros;Late seed and A-round;Finance, Financial Services, Venture Capital 5) Change Ventures link=https://www.changeventures.com;20;20; 1 825 000 euros;Pre-seed/Seed;Advertising, Information, Technology, Internet, Mobile, Software 6) Thorgate Ventures link=http://thorgateventures.com;16;15; 50 000 euros;Seed;Software, Venture Capital 7) Trind Ventures link=http://trind.vc;14;14; 1 642 857 euros;Early-stage;Finance, Financial Services, Venture Capital 8) EstBAN link=https://estban.ee;14;11;20 000 - 500 000 euros;Seed;Angel Investments, Financial Services, Venture Capital 9) United Angels VC link=https://unitedangels.vc;12;12; 1 500 000 euros;Early-stage;B2B, Marketplace, SaaS 10) Lemonade Stand link=https://lemonadestand.ee;12;11; 963 000 euros;Early-stage/Seed;Venture Capital 11) Spring Capital link=https://springcapital.ee;11;11; 50 000 - 200 000 euros;Early-stage/Private Equity/Seed;Venture Capital