The aim of SmartCap Venture Capital Fund investments is to develop the local capital market and support changes which help the Estonian economy to adapt.
The assets of SmartCap Venture Capital Fund are invested into Estonian-focused venture capital funds that develop innovative Estonian companies with international growth potential or international venture capital funds which contribute to the addition of a significant value to the ecosystem of innovative Estonian companies with international growth potential. The portfolio of the Venture Capital fund can be found here.
Goal
To increase the amount of financial capital available for Estonian ICT sector startups.
Fund size
Fund's net value is close to 100 million euros, invested through private venture capital funds.
Investment focus
from seed to early-growth stage
Investment period
Evergreen
Outcome
Equity funding is easily accessible for early stage startups.