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SmartCap participates in Fusebox’s €2.6 million funding round

21 January 2025

Fusebox secures €2.6 Million to strengthen the European energy market. This follows a successful funding round in December 2022, led by the venture arm of Dutch sustainable energy supplier Eneco and Poland’s largest bank, PKO Bank Polski. These strategic investments have been instrumental in Fusebox’s growth and expansion efforts.

Elcogen secures €5 million investment from SmartCap to accelerate growth

20 January 2025

Elcogen, a leading European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and emission-free electricity, today announced that it has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian Greentech companies.

SmartCap Defence Fund Calls for Fund Managers

31 December 2024

The Estonian state fund of fund Smartcap has announced that SmartCap Defence Fund has launched its investments for fund managers, with the aim of making investments in a select number of venture capital and private equity funds that invest in military and dual-use companies.

SmartCap Green Fund participates in the €2.3M investment round of portfolio company UP Catalyst

UP Catalyst, a producer of battery material production directly from CO2emissions, has closed a €2.36M seed extension round. This follows the initial seed round raised last December which amounted to €4 million, bringing the total seed funding to €6.36 million.

SmartCap invests €5 million in Antler Nordic Fund II

SmartCap Venture Capital Fund invests €5 million in Antler Nordic Fund II, further strengthening its commitment to early-stage startups and innovative tech investment strategies.

SmartCap invests €10M in Plural Fund II

SmartCap Venture Capital Fund has made its first investment since updating its strategy at the end of last year, committing €10 million to Plural Fund II. The fund, led by seasoned operators including the co-founder of Wise, closed at €500 million.

NEW FUND: 2C Ventures launches EUR 50 million fund to invest in early-stage cleantech companies in Estonia and the New Nordics

24 January 2024

Alternative investment manager 2C Ventures launches its first fund to support early-stage cleantech companies in Estonia and the New Nordics. The fund has a target size of EUR 50 million and aims to help the world tackle climate change, improve capital availability for early-stage cleantech companies and turn climate-neutral economy into a competitive advantage for Estonia.

EstVCA delegation participated at Invest Europe’s Chair’s Dinner for the Nordics & Baltics

10 November 2023

On the 8 November Invest Europe's Chair Frans Tieleman and CEO Eric de Montgolfier hosted a dinner in Stockholm for the Nordics and Baltics.

SmartCap Venture Capital Fund updated its strategy and is on the lookout for new investment opportunities

27 October 2023

SmartCap updated the investment strategy and investment process of its Venture Capital Fund, offering fund managers the opportunity to raise capital from the Venture Capital Fund, including for anchor investment.

SmartCap Green Fund participates in the €3.6 million investment round of an Estonian intelligent building platform Bisly

20 October 2023

Bisly, a startup with a unified intelligent building platform has closed their €3.6 million financing round with.

Superangel and SmartCap participate in the €1.4 million investment round to Estonian agritech startup Paul-Tech 10 October 2023

Estonian startup Cuploop raised two million euros – SmartCap Green Fund among the investors 01 August 2023

Vok Bikes raises €3.8 million Seed funding round to push delivery of its electric cargo bikes across Europe 29 June 2023

Superangel's portfolio company eAgronom raises €5.5 million from investors, inc. SmartCap Green Fund 28 June 2023

Estonia invests 30 million euros in the NATO Innovation Fund through SmartCap 03 March 2023

The Greentech Fund Call 2022/09 received a total of six applications 05 January 2023

SmartCap announced the application terms for SmartCap Greentech Investment Programme 01 November 2022

Estonia invests nearly 30 million euros in NATO’s billion-euro Innovation Fund 17 October 2022

EstVCA LP Insights podcast episode #3 - Staffan Jåfs of eQ Plc 22 September 2022

SmartCap announced a Call to invest € 20 million in two greentech funds 07 September 2022

EstVCA LP Insights podcast episode #2 - Chris Wade from Isomer Capital 24 August 2022

SmartCap Green Fund is bringing 40 million euros to the market 01 August 2022

SmartCap greenlights the creation of a science accelerator for health technology research 15 March 2022

SmartCap establishes a green technology investment fund with the support of the funding under recovery and resilience plan 09 November 2021

SmartCap introduces upcoming deep tech fund in Estonia 02 November 2020

SmartCap suurendab riigi investeeringut loodavas Kõrgtehnoloogiliste Ettevõtete Fondis 15 miljoni euroni 21 October 2020

Riigi riskikapitali portfellile valiti erafondivalitseja 19 December 2016

SmartCap announced an open call to fund managers for direct investments portfolio 31 August 2016

Jobbatical, A Job Site For Work Sabbaticals And Career Breaks, Raises Seed Round 30 October 2014

GrabCad Acquired by Stratasys at over €70M. Largest exit in Estonia since Skype 16 September 2014