We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

We typically invest up to $500k in technology startups with a preference for B2B and SaaS businesses. Get in touch with us if you want a hands-on investor with practical startup operating experience, entrepreneur-friendly terms and a deep network in the US and Western Europe to help with follow-on investments, customer and corporate partner development.

Portfolio

Timbeter

Smart-device solution for accurate timber measurement and data management. Timbeter’s machine learning algorithm analyses timber photos to create volumetric calculations that are 5x faster and 10x quicker than manual measurements.

Website

Guaana

Guaana helps researchers to find relevant funding and collaboration partners for nascent research projects. Synchronising researcher and foundation needs, Guaana has created a fast and transparent grant distribution model that is completely based on peer evaluation.

Website

Interactio

Simultaneous translation app in attendee’s phone that fully replaces interpretation hardware for live events. Organisations save thousands with Interactio’s solution as it removes the need to rent or buy and return expensive equipment.

Website

Investment Team

Andris K. Berzins

Managing Partner

Prominent leader in Baltic startup ecosystem and co-founder of TechHub Riga. Seedcamp mentor. US & UK-based leadership roles at AeroScout ($240M exit) and Bookatable ($110M exit). Former Bain & Company strategist and investment advisor at Creandum. MBA, Stanford Graduate School of Business.

LinkedIn

Yrjö Ojasaar

Investment Partner

Tech-startup CEO, angel investor, venture advisor, public speaker. Managing Partner at angel investment & financial advisory firm Solon Partners. Co-founder of business angel network (EstBAN) and Estonian VC Association (EVCA). Juris Doctorate cum laude, University of Minnesota.

LinkedIn

Rait Ojasaar

Investment Partner

Tech-entrepreneur, angel investor, mentor and advisor. Springboard / Techstars London Alumni. Founder and CEO of multiple tech startups, including Indilo Wireless (acquired by Mobi) and nodeSWAT. Managing Partner at angel investment & financial advisory firm Solon Partners. BA International Business, Estonian Business School.

LinkedIn

US Team

Harry Huge

Founder and General Partner

Honorary Consul for Estonia; Order of the Cross of Terra Mariana. Founder of the Harry and Reba Huge Foundation. Distinguished legal career, JD - Georgetown Law School.

Bio

Ed Steiner

Principal and General Counsel

Partner at Squire Patton Boggs LLP. U.S. top ranked lawyer with 30+ years as counsel to venture capital and private equity funds. Masters, Johns Hopkins, JD - Yale Law School.

Bio

Brent Comstock

Principal, U.S. Operations

Successful tech startup and digital agency exec. Experienced mentor and accelerator leader in U.S. and Europe. Dual degree from UNC — Chapel Hill and Duke University.

LinkedIn