SmartCap aims to invest through venture capital funds into early-stage research and technology-intensive Estonian SMEs.

Our operating principles are:


Our aim is to develop Estonian venture capital market as well as to contribute to Estonian economic growth.


Our aim is to be self-sustainable and to earn market level long-term investment income for the shareholder/state.

Operation on market conform terms

Each investment is made hand-in-hand and on equal terms with a private investor or investors.

Responsible operations

We address and promote responsible investment principles in our operations.