About Us - SmartCap

SmartCap backs Estonian funds and greentech startups with global ambitions, as well as defence funds and companies within Estonia or NATO member states, provided they add meaningful value to Estonia’s defence ecosystem.

We’re a small fund manager on a mission to:

develop Estonia’s venture capital market
invest throughout economic cycles
address identified market gaps

Our three investment funds are the, SmartCap Venture Capital Fund, the SmartCap Green Fund, and the SmartCap Defence Fund.

SmartCap Venture Capital Fund backs VC funds and ensures a resource-rich environment for innovative and ambitious Estonian startups. SmartCap Green Fund invests as a fund-of-funds in Greentech-focused VC funds as well as directly in Greentech companies. SmartCap Defence Fund invests in companies that develop or produce military and dual-use products and technologies, as well as private funds focused on defence companies.

We’ve been operating since 2011 under an activity licence issued by the Estonian Financial Supervision Authority. We’re a subsidiary of the Estonian Business and Innovation Agency. The Republic of Estonia is the sole unitholder of both SmartCap funds.