What does Change Ventures invest in?
Change Ventures invests most often at Seed and Venture (62% of the rounds on record), in sectors such as Agnostic, Robotics and Venture Capital & Private Equity.

Estonia · Investor
Last cheque observed Sep 2026; 89 cheques on record.
Deploying nowNew fund $6.0M, Oct 2017VC firm
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17 cheques in the last 12 months
Mostly Seed and Venture: 62% of its rounds
Sole investor in 11 rounds, median $827K
Every round we can evidence, newest first89 appearances
16 rounds
12 rounds
12 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration6 named
We also hold 10 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
The investors most often in the same rounds as Change Ventures. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Change Ventures put money into.
1 episode naming Change Ventures in the title.

#TechChill Interview Special: Elizabeth Varley, TechHub; Andris Berzins, Change Ventures; Rolands Mesters, Nordigen
WithAndris Berzins
MentionsChange Ventures
Change Ventures invests most often at Seed and Venture (62% of the rounds on record), in sectors such as Agnostic, Robotics and Venture Capital & Private Equity.
89 investments on record, 17 of them in the last 12 months. The most recent was in Sept 2026.
Its most recent investments on record: Cube3.ai (Venture, Sept 2026), Enigmata (Seed, Sept 2026) and Pact Labs (Series A, Jul 2026).
The median round it joins is $4.4M. It says it writes cheques of $350K to $1.3M.
Rarely, if at all: none of its 89 investments on record names it as the lead.
Most of the companies it backs are in the United States (46%), Latvia (14%) and Switzerland (8%).
Yes: it is actively investing, with 17 investments in the last 12 months.
Most often Blockchange Ventures (46 rounds together), FIRSTPICK (4 rounds together) and Techstars (4 rounds together).
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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it