Portfolio map · VC firm · Estonia
Change Ventures portfolio map
43 startups Change Ventures has backed in rounds we track, since 2019, grouped by their main sector. Together they have raised $413M. The biggest sector is Web3 & Crypto, with 11 companies.
43startups backed
8sectors
$413Mraised between them
Web3 & Cryptobiggest sector
Funding by segment
- Web3 & Crypto$81M11
- AI$136M9
- Fintech$131M6
- Big Data & Analytics$8.4M4
- Consumer Apps$14M4
- Cloud$16M3
- IT Services$22M3
- Cleantech$5.5M3
Where they are based
- United States21$270M
- Estonia4$6.0M
- Switzerland3$15M
- Germany3$16M
- Spain2$5.2M
- Netherlands1$6.8M
- Portugal1$6.5M
- Türkiye1$6.2M
- Latvia1$4.0M
- Brazil1$60M
United States
Estonia
Switzerland
Germany
Spain
Netherlands
Portugal
Türkiye
Latvia
BrazilFounded
Earlier
112
213
114
115
416
617
518
219
420
621
322
223
324
25
26
3 without a founding year on record.
Total raised
- Under $1M4
- $1M to $10M29
- $10M to $50M8
- $50M to $250M2
- $250M to $1B0
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
39 of 43 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- United States21
- Estonia4
- Switzerland3
- Germany3
- Spain2
- Netherlands1
- Portugal1
- Türkiye1
- Latvia1
- Brazil1
- United Kingdom1
- Hong Kong SAR China1
United Kingdom
Hong Kong SAR ChinaStartups by country, 13 countries in all.
Segment by segment
Web3 & Crypto
11 startups · $81M raised
BlockskyeBlockskye is a Boston-based technology company founded in 2017 that specializes in blockchain-powered solutions for corporate travUnited States$16M
Gear Technologies.Gear Technologies is a blockchain innovation company that focuses on decentralized computation solutions.United States$12M
The BlockThe Block is a real estate company.United States$10M
SKALE LabsSKALE Labs is a blockchain technology company founded in 2018 and based in San Francisco, California.United States$9.7M
RymediRymedi is a health technology company based in Greenville, South Carolina, founded in 2017.United States$9.0M
W3.ioW3.io is a Web3 industry consortium and technology platform founded in 2024, focused on enhancing the capabilities of blockchain technology.United States$7.0M
HivelloHivello is a DePIN aggregator and Web3 infrastructure company based in Amsterdam, Netherlands, founded in 2022.Netherlands$6.8M
t3rnt3rn is Modular Interoperability LayerPortugal$6.5M
AI
9 startups · $136M raised
- KKiraUnited States$39M
NodleNodle is a decentralized physical infrastructure network that connects the physical world to Web3 using smartphones as edge nodes.United States$31M
webAIwebAI is a privately held enterprise AI platform founded in 2019, based in Austin, Texas, with a secondary location in Grand RapidUnited States$30M
AkaveAkave is a cloud infrastructure company based in Wilmington, Delaware, specializing in enterprise and AI data storage.United States$10M
PrecisePrecise manufactures and supplies nutritional and dietary supplement products.United States$7.0M
XPXP is a ticket marketplace designed for fans to buy and sell tickets for live events, including concerts, sports, comedy, and theater.Türkiye$6.2M
NATIX NetworkThe first AI-powered dynamic map supercharged by the DePIN and driver community.Germany$4.6MAlgoriAlgori is a data analytics firm that is rethinking the consumer panel for the consumer products sector.Spain$4.2M
Fintech
6 startups · $131M raised
BluBlu is a federally authorized digital bank and payment institution in Brazil, focused on providing financial solutions for the retail sector.Brazil$60M
TokenAI chatbot assistance for high-consideration, multi-session research and logistics tasks.United States$52M
CyclesCycles is a bike-sharing company changing the way we make short commutes in Nigeria through efficient smart-bike technology.Switzerland$8.7M
GIANT ProtocolGIANT Protocol is a blockchain-based connectivity protocol that aims to transform internet bandwidth into a tradable digital asset.United States$5.0M
NordigenNordigen is an open banking API that provides PSD2 data connections to banks.-$2.6M
askRobinaskRobin was an Estonian fintech company founded in 2017, focused on enhancing financial inclusion for underbanked populations in Estonia$1.7M
Big Data & Analytics
4 startups · $8.4M raised
SubsquidSubsquid provides a query node infrastructure with a high level of customization and scalability to make blockchain data usable.Switzerland$5.2M
FymaFyma is a computer vision Software-as-a-Service (SaaS) company that enhances existing camera systems into data-gathering sensors fEstonia$2.1M
PromosPromos is a startup combining machine learning and crowdsourced market research data.Spain$1.0M
FestivalityPlatform SaaS solution transforming how events go mobile while gaining new revenue streams + actionable datalytics.-$57K
Consumer Apps
4 startups · $14M raised
Sarcophagus| Credential Recovery | Inheritance | Emergency Communications | Political Activism & Journalism | Built on Ethereum and ArweaveUnited States$5.4M
INZMOINZMO is a Berlin-based insurtech startup that has transformed the insurance industry in Europe with its fully digital and mobile-Germany$5.0M
FanHubFanHub is a UK-based mobile app and digital engagement platform that creates a fan-powered economy for sports fans, particularly fUnited Kingdom$3.0M
TimbeterTimbeter is an Estonian forest technology company founded in 2013 and based in Tallinn.Estonia$500K
Cloud
3 startups · $16M raised
Fluence CloudDecentralized cloud computing platform to deploy workloads on CPU and GPU cloud at 85% lower costs than hyperscalersHong Kong SAR China$9.0M
BLOCKSBlocks Holding GmbH is a Berlin-based company specializing in AWS cost optimization.Germany$6.6M
AimfulAimful was a software company based in Prague, founded in 2020.United States$348K
IT Services
3 startups · $22M raised
Inflection PointsInflection Points is a company focused on employment and training within the crypto industry.United States$13M
Pact LabsPact Labs is a financial technology company based in San Francisco, founded in 2023.United States$7.0M
HumansAppHumansApp is a company based in Vilnius, Lithuania, founded in 2018.Lithuania$2.2M
LithuaniaCleantech
3 startups · $5.5M raised
CapeZeroCapeZero is a seed-stage B2B SaaS company founded in 2023, based in Kingston, New York.United States$2.6M
KWOTAKWOTA is a cleantech startup based in Tallinn, Estonia, founded in 2021.Estonia$1.7M
Bayou EnergyBayou Energy is a technology startup based in Seattle, Washington, founded in late 2022.United States$1.2M
How this map is made. Every startup here has raised money in a round we track that names Change Ventures as an investor, the first in 2019. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.
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