Estonia · Investor

Change Ventures

Last cheque observed Sep 2026; 89 cheques on record.

Deploying nowNew fund $6.0M, Oct 2017VC firm

SeedSeries ASeries BAgnosticRoboticsVenture Capital & Private Equity

Deploying now
89%of best year17cheques in 12 months, 89 on record
Since the last cheque60days00hrs00min00sec
Median round$4.4MCheque size, as they say$350K – $1.3MRounds led0 of 89Sole investor11 roundsMostly inUnited States, 46%
Pitch Change Ventures

Change Ventures highlights

  1. 01

    17 cheques in the last 12 months

  2. 02

    Mostly Seed and Venture: 62% of its rounds

  3. 03

    Sole investor in 11 rounds, median $827K

What they do

Type
VC firm (from a list, unverified)
Cheque size
$350K – $1.3M as they say
Stages
SeedSeries ASeries B
Sectors
AgnosticRoboticsVenture Capital & Private Equity
Based in
Tallinn, Estonia
Cold pitches
Not stated

The record

Every round we can evidence, newest first89 appearances

  1. 2026

    16 rounds

  2. Sept
    Cube3.aiVenture · US$49MWith 2 others
  3. Sept
    EnigmataSeed · US$6.5MWith 1 other
  4. Jul
    Pact LabsSeries A · US$7.0MWith 2 others
  5. Jun
    PreciseSeed · US$7.0MWith 1 other
  6. May
    BalconySeed · US · Ventureburn$13MWith 1 other
  7. May
    CyclesSeed · CH$6.4MWith 4 others
  8. May
    HivelloSeed · NL$6.8MWith 6 others
  9. May
    BirdyChatSeed · LV$2.0MWith 3 others
  10. May
    MinimaCrowdfunding · CH$1.1MWith 2 others
  11. Apr
    BLOCKSPre-seed · DE$6.0MWith 3 others
  12. Apr
    The BlockGrowth · US$10MWith 6 others
  13. Apr
    W3.ioVenture · USUndisclosedWith 3 others
  14. Mar
    SaltzSeries A · EBRD Venture Capital$23MWith 3 others
  15. Mar
    AkaveSeed · US · TechStartups$6.7MWith 8 others
  16. Feb
    Unicity LabsSeed · CH$3.0MWith 2 others
  17. Jan
    webAIVenture · USUndisclosedWith 3 others
  18. 2025

    12 rounds

  19. Dec
    AlgoriGrowth · ES · TechStartups$4.2MWith 7 others
  20. Oct
    FanHubCrowdfunding · GB$40KSole investor
  21. Aug
    KiraSeed · MX · LatamList$6.7MWith 6 others
  22. Jul
    NevoyaSeed · US · TechCrunch$9.3MWith 7 others
  23. Jul
    W3.ioSeed · US$7.0MWith 3 others
  24. Jul
    BlockskyeSeries C · US$16MWith 2 others
  25. May
    XPSeed · TR$6.2MWith 1 other
  26. Mar
    EngycellPre-seed · LV$273KWith 1 other
  27. Mar
    BluVenture$2.9MWith 1 other
  28. Feb
    Trace.SpaceSeed · LV · TechCrunch$4.0MWith 5 others
  29. Feb
    Gelatex TechnologiesVenture · EEUndisclosedWith 2 others
  30. Jan
    CapeZeroSeed · US$2.6MWith 1 other
  31. 2024

    12 rounds

  32. Dec
    Silencio Network LLCSeed · US$2.5MWith 5 others
  33. Dec
    SpexiSeries A · CA$12MWith 5 others
  34. Dec
    INZMODE$5.0MWith 1 other
  35. Nov
    Origin RoboticsGrant · LV$4.8MWith 1 other
  36. Oct
    Modash.ioSeries A · EE$12MSole investor
  37. Sept
    CertificVenture · EE$778KWith 3 others
  38. Jun
    Cube3.aiVenture · US$14MWith 1 other
  39. May
    AM CraftPre-seed · LV$653KSole investor
  40. Apr
    NATIX NetworkVenture · DE$4.6MWith 4 others
  41. Apr
    Bayou EnergyPre-seed · US$1.2MWith 1 other
  42. Apr
    UpLinkVenture · US$10MWith 3 others
  43. Mar
    Planet42Debt$13MWith 1 other

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.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration6 named

AKAndris K BerzinsExecutive OfficeriFiling they signed
BCBrent ComstockExecutive OfficeriFiling they signed
EEEdward Earle SteinerExecutive Officer, DirectoriFiling they signed
HHHarry HugeExecutive OfficeriFiling they signed
RKRait K OjasaarExecutive OfficeriFiling they signed
YKYrjo K OjasaarExecutive OfficeriFiling they signed

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.

Who they invest alongside

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.

Recently backed

The latest companies Change Ventures put money into.

On podcasts

1 episode naming Change Ventures in the title.

Quick answers about Change Ventures

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.

How active is Change Ventures?

89 investments on record, 17 of them in the last 12 months. The most recent was in Sept 2026.

What has Change Ventures invested in recently?

Its most recent investments on record: Cube3.ai (Venture, Sept 2026), Enigmata (Seed, Sept 2026) and Pact Labs (Series A, Jul 2026).

How big are Change Ventures's cheques?

The median round it joins is $4.4M. It says it writes cheques of $350K to $1.3M.

Does Change Ventures lead rounds?

Rarely, if at all: none of its 89 investments on record names it as the lead.

Where does Change Ventures invest?

Most of the companies it backs are in the United States (46%), Latvia (14%) and Switzerland (8%).

Is Change Ventures investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

Who does Change Ventures invest alongside?

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