SmartCap
2026-09-03smartcap.ee
Overview
What they do
SmartCap is a government held fund of funds seeking to invest in private fund management teams. SmartCap manages early stage venture capital fund Early Fund II. Total assets under management are EUR 40 million. Based on present investment strategy, we are making new investments into early stage venture capital funds.
In line with investments, SmartCap build meaningful partnerships with best venture capital fund managers in the region to validate, accelerate and finance outstanding companies.
SmartCap is an investment arm of Fund KredEx.
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What they look for
SmartCap aims to develop Estonia's venture capital market, address market gaps, and foster innovation by investing in early-to-growth stage greentech, defence and dual-use companies, and private VC funds.
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Stage
Pre-seed, Seed, Series A, Series B+
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Sectors
Climate, Food and agriculture, Govtech and defence, Mobility and logistics
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Based
Tallinn, EE
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Sources
2026-09-03smartcap.eeEstonia’s state-owned fund manager SmartCap has appointed Patrik Louko as its new CEO and…
2026-09-03smartcap.eeSmartCap backs Estonian funds and greentech startups with global ambitions, as well as defence…
Portfolio, cheque size and the rest
The companies they have backed, the cheque they write, and whether they are deploying right now.
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