Estonia · Investor

SmartCap

Last cheque observed Aug 2026; 7 cheques on record.

Deploying nowVC firm

SeedSeries ASeries BVenture CapitalGreen TechnologyDefence

Deploying now
100%of best year2cheques in 12 months, 7 on record
Since the last cheque88days00hrs00min00sec
Median round$105MRounds led0 of 7Sole investor1 roundsMostly inEstonia, 57%
Pitch SmartCap

SmartCap highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Series A and Seed: 71% of its rounds

  3. 03

    Sole investor in 1 rounds, median $310K

What they do

SmartCap provides cornerstone investments for private fund managers to create a vital venture capital market in Estonia and enable ambitious and innovative Estonian companies to emerge and grow globally.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries B
Sectors
Venture CapitalGreen TechnologyDefence
Based in
Tallinn, Estonia
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2026

    2 rounds

  2. Aug
    Kraken TechnologySeries B · GB · Ventureburn$175MWith 13 others
  3. Feb
    Frankenburg TechnologiesSeries A · EE · Ventureburn$35MWith 1 other
  4. 2013

    3 rounds

  5. Sept
    Startup Wise GuysCrowdfunding · EE · arcticstartup.com$1.3MWith 1 other
  6. Apr
    Fits.meSeries A · EE · techcrunch.com$7.2MWith 3 others
  7. Mar
    RealeyesSeries A · GB · hollywoodreporter.com$3.2MWith 1 other
  8. 2012

    1 round

  9. May
    SportlyzerSeed · EE$250KWith 1 other
  10. 2011

    1 round

  11. Jan
    RealeyesSeed · GB · arengufond.ee$310KSole investor

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

We hold 12 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.

Funds they back

1 fund commitment on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Managers it backs most

Most recent commitments

What they claim to have backed

From their own portfolio page (on their website)

17 of 33 we have independently watched raise

BislyCuploopElcogenFarsight VisionFractoryFrankenburg TechnologiesGridioKraken Technology GroupPaul-TechPlural Fund IISkeleton TechnologiesSkySelectStargate HydrogenStarship TechnologiesUP CatalystVok BikeseAgronom2C Ventures Fund IAntler Nordic Fund IIBaltic Innovation Fund 3DTCP Defence Fund IDarkstar Ventures Fund IFuseboxNATO Innovation FundNSI Nordic Science INorrsken Evolve Fund IIPowerUP Energy TechnologiesSiena Secondary Fund IISuperangel TwoTaaleri SolarWind IIITera Ventures IWise Guys Investment OÜÄIO

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as SmartCap. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies SmartCap put money into.

Quick answers about SmartCap

What does SmartCap invest in?

SmartCap invests most often at Series A and Seed (71% of the rounds on record), in sectors such as Venture Capital, Green Technology and Defence.

How active is SmartCap?

7 investments on record, 2 of them in the last 12 months. The most recent was in Aug 2026.

What has SmartCap invested in recently?

Its most recent investments on record: Kraken Technology (Series B, Aug 2026) and Frankenburg Technologies (Series A, Feb 2026).

How big are SmartCap's cheques?

The median round it joins is $105M.

Does SmartCap lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does SmartCap invest?

Most of the companies it backs are in Estonia (57%) and the United Kingdom (43%).

Is SmartCap investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

Who does SmartCap invest alongside?

Most often Entrepreneurs Fund (2 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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