Change Ventures is a venture capital firm established in 2016 and headquartered in Tallinn, Estonia. The firm specializes in pre-seed stage investments, primarily targeting ambitious technology startups, with a focus on B2B and SaaS businesses in Eastern Europe, particularly in Estonia, Latvia, and Lithuania. Change Ventures aims to support founders by providing investments ranging from €100,000 to €500,000, along with a straightforward and efficient investment process that facilitates quick decision-making. Beyond financial backing, the firm assists entrepreneurs in achieving product-market fit, securing additional funding, and scaling their businesses by leveraging an extensive network of follow-on investors and partners.
ENGYcell provides personalized energy storage solutions to reduce energy costs, gain energy independence, and participate in the energy market.
Modash.io
Series A in 2024
Modash, An influencer marketing platform is providing a end-to-end solution for influencer marketing. We are shifting the influencer market from experimental budget to the 100B dollar performance ad market. To do this, we offer unique tools like audience targeted influencer search and are the only platform to provide conversion rate attribution for influencer marketing. We believe in the value creators bring by building their community and telling stories that matter. That's why we are on a mission to help every creator get paid.
Origin Robotics
Pre Seed Round in 2024
Defense technology company that specializes in advanced autonomous systems
AM Craft
Pre Seed Round in 2024
AM Craft designs, manufactures, and delivers 3D-printed, small-batch airplane interior components.
Inspectle Food
Pre Seed Round in 2023
Inspectle Food is a platform for conducting frequent hygiene inspections in GFSI-certified food manufacturing plants, which aids in the resolution of non-conformities and saves quality team.
Drovo
Series A in 2023
Drovo operates an on-vehicle advertising platform focused on outdoor advertising and branding. The company leverages a network of carbon-neutral moving media in the United Kingdom, utilizing various vehicles such as black cabs, electric vehicles, city cars, and vans. By offering vehicle-wrapped advertising campaigns, Drovo provides direct-to-consumer brands with a cost-effective solution to reach their target audiences. The platform enhances ad effectiveness through digital retargeting, enabling clients to implement impactful and scalable campaigns tailored to significant events and locations. This innovative approach allows vehicle owners to generate additional income while promoting brands on the road.
Algori
Seed Round in 2023
Algori is a data analytics firm focused on transforming the consumer panel for the consumer products sector. It has developed a consumer analytics platform that assists fast-moving consumer goods (FMCG) brands and retailers in enhancing their distribution, sales, and marketing strategies. Utilizing artificial intelligence, Algori's platform provides valuable insights into consumer segmentation, pricing dynamics, customer switching behavior, and audience analysis. Additionally, it offers pricing alerts, trigger surveys, and customizable solutions, allowing brands and retailers to access real-time data insights from an extensive consumer panel, ultimately supporting their growth objectives.
Formaloo
Seed Round in 2023
Formaloo is a no-code platform designed to empower businesses in creating custom, data-driven applications without the need for programming skills. By providing an intuitive drag-and-drop interface, Formaloo enables organizations to quickly collect, organize, and analyze their data, facilitating efficient collaboration and innovation. The platform is user-friendly, requiring no technical expertise, making it accessible for all teams. Formaloo also includes a Customer Data Platform (CDP) that allows users to leverage their own data for customer analysis and future predictions, enhancing customer engagement and experience. With its focus on small and medium-sized businesses, Formaloo aims to streamline processes and improve operational efficiency, making it easier for organizations to go from concept to execution.
Complok
Pre Seed Round in 2023
Complok is an AI-driven risk management platform that provides financial institutions with automated tools to enhance compliance and streamline risk assessment processes. By equipping compliance officers with automated workflows and a centralized source of information, Complok helps organizations efficiently manage operational risks and maintain thorough audit trails. The platform is designed to reduce the manual workload associated with compliance tasks, enabling businesses to gain a comprehensive understanding of compliance risks and statuses. This automation not only minimizes errors but also saves significant time on repetitive activities, allowing compliance teams to focus on more strategic initiatives. Ultimately, Complok empowers financial institutions to optimize their compliance efforts, reduce costs, and remain agile in the face of evolving risks.
Trace.Space
Pre Seed Round in 2023
Trace.Space is an AI-enhanced requirements management tool designed to streamline the product development process for engineers in industries such as automotive, aerospace, industrial, and defense. The platform features a user-friendly interface that emphasizes robust traceability, time-based and custom versioning, and customizable attributes, allowing it to adapt seamlessly to various workflows. By leveraging AI-powered tools, Trace.Space aims to improve productivity, accelerate development cycles, and enhance product quality for manufacturers. User feedback indicates that the platform significantly aids engineers in managing critical aspects of their development processes, enabling them to bring new products to market more efficiently.
Aerones
Series A in 2022
Aerones is a technology company founded in 2015 and headquartered in San Jose, California, specializing in robotic solutions for wind turbine blade maintenance. The company offers a range of automated services, including blade cleaning, de-icing, coating application, detailed inspections, data analysis, conductivity testing, and drainage hole cleaning and repair. Aerones' technology is designed to be compact and transportable, allowing for remote operation. This innovative approach enables wind energy businesses to conduct maintenance in an efficient, cost-effective, and safe manner, thereby enhancing the performance and longevity of wind turbines.
Giraffe360
Series A in 2022
Giraffe360 Limited is a London-based company that specializes in manufacturing robotic cameras for the real estate industry. Founded in 2016, Giraffe360 has developed a 360° photography camera that facilitates seamless property scans, enhancing the online experience for potential buyers. The camera captures virtual tours, wide-angle photographs, and detailed floor plans, which can be downloaded to support property listings. In addition to its camera technology, Giraffe360 offers cloud processing services, data storage, and a content management system for file management and analytics review. This combination of innovative hardware and software allows real estate agents to present properties more effectively, streamline the marketing process, and improve overall client engagement.
Modash.io
Seed Round in 2022
Modash, An influencer marketing platform is providing a end-to-end solution for influencer marketing. We are shifting the influencer market from experimental budget to the 100B dollar performance ad market. To do this, we offer unique tools like audience targeted influencer search and are the only platform to provide conversion rate attribution for influencer marketing. We believe in the value creators bring by building their community and telling stories that matter. That's why we are on a mission to help every creator get paid.
Cloud Factory
Seed Round in 2022
CloudFactory.co delivers business process excellence through SAP, MYOB, Microsoft, PowerApps & Korber K.Motion WMS. Cloud Factory is the business solutions Partner. By working together, they can deliver all that is best in the ERP solution that decides to implement through their certified team for SAP Business One, Microsoft Business Central, WIISE, and MYOB Advanced. They are proud to be a long-standing tenured team and value their partnership status for their clients throughout Australia.
Cloud Factory Jewelry
Seed Round in 2022
Jewelry and precious metal collectibles are entering a new era—one that is sustainable, scalable, and on-demand. Cloud Factory is leading this revolution with 3D-printed silver jewelry and collectible coins, providing enterprise brands and mints with unique design with high-speed, zero-waste and no-inventory solution. We’re trusted by Netflix, Paramount, NBCUniversal and other major global brands, solving a decades-old supply chain problem.
RecruitLab
Seed Round in 2022
RecruitLab is a recruiter-centric marketing and applicant tracking software. RecruitLab uses automation in all parts of recruitment possible, giving the recruiters a chance to use their time on more valuable and interesting tasks.
Werk
Pre Seed Round in 2022
Werk is building a global blue-collar migration hub for skilled construction workers - jobs, relocation, community. Our community connects migrants across Europe and Asia and gives them a tool for supporting and upskilling each other.
Aerones
Seed Round in 2022
Aerones is a technology company founded in 2015 and headquartered in San Jose, California, specializing in robotic solutions for wind turbine blade maintenance. The company offers a range of automated services, including blade cleaning, de-icing, coating application, detailed inspections, data analysis, conductivity testing, and drainage hole cleaning and repair. Aerones' technology is designed to be compact and transportable, allowing for remote operation. This innovative approach enables wind energy businesses to conduct maintenance in an efficient, cost-effective, and safe manner, thereby enhancing the performance and longevity of wind turbines.
Eurora
Series A in 2022
Eurora develops an e-commerce suite of customs compliance tools.
Gelatex
Seed Round in 2021
Gelatex is a materials technology company based in Estonia, founded in 2016 and incorporated in the UK in 2019. The company has developed a patented technology for producing bio-based nanofibers efficiently and cost-effectively, making it possible to produce these materials at a scale that is significantly faster and cheaper than traditional methods. Gelatex's production process utilizes gelatin derived from low-value waste in the meat and leather industries, ensuring that its products are made from natural and non-toxic substances, which promotes sustainability in the textile sector. Initially focused on creating eco-friendly leather-like textiles, the company pivoted during the COVID-19 pandemic to explore a broader range of applications for its nanofibers, including 3D scaffolds for tissue engineering, cultured meat, bio-based filters, energy storage, and wound care.
Dogo GmbH
Seed Round in 2021
Dogo app - is the #1 dog training app in the world. We are one a mission to become a one-stop companion app for dog parents.
KWOTA
Pre Seed Round in 2021
KWOTA operates a carbon credits marketplace that focuses on the digital validation and trading of carbon emission savings derived from increased material recovery. By verifying carbon emission credits associated with the use of recycled materials, KWOTA provides an advantage to material producers, encouraging them to integrate more recycled content into their processes. This approach not only helps clients reduce carbon dioxide emissions but also promotes greater material reuse and operational efficiency. Through its platform, KWOTA aims to facilitate a more sustainable economy by linking the recycling industry with carbon credit trading, ultimately contributing to environmental conservation efforts.
Memby
Pre Seed Round in 2021
Memby is a Lithuania-based EdTech startup focused on providing affordable online tutoring for high school students. The company operates an online learning platform designed to assist students who may struggle with after-school studies. This platform offers real-time large group lessons that engage students in various subjects, allowing them to participate live or access recorded sessions if they are unable to attend in real time. By offering a more cost-effective alternative to traditional one-on-one tutoring, Memby aims to enhance students' learning experiences and promote academic consistency.
99math
Series A in 2021
99math is an innovative online platform that combines mathematics education with esports, designed for school-aged children. It organizes global online tournaments where students engage in real-time math competitions, allowing them to challenge each other while learning. This competitive format not only makes math enjoyable but also encourages students to improve their skills in a dynamic and interactive environment. By leveraging the excitement of esports, 99math aims to motivate kids to achieve greater proficiency in mathematics, transforming the learning experience into an engaging and rewarding activity.
Outvio
Seed Round in 2021
Outvio is a developer of a cloud-based shipping application tailored for eCommerce businesses, enhancing the delivery experience to boost sales, customer loyalty, and satisfaction. The platform consolidates all post-checkout operations, including shipping, tracking, returns, and exchanges, thereby minimizing manual processes and improving efficiency. By integrating orders from various online marketplaces and offering courier options, Outvio assists clients in managing logistics more effectively. The application also enables real-time package tracking, label printing, and analytics, allowing businesses to focus on customer-centric solutions while strengthening their brand recognition.
Promos
Seed Round in 2021
Promos is a startup combining machine learning and crowdsourced market research data.
INZMO
Seed Round in 2021
INZMO is an insurtech company that specializes in providing embedded insurance solutions tailored for residential renters across Europe. The company offers a variety of fully digital insurance products, including renters, electronics, liability, and home contents insurance. Leveraging advanced technologies such as artificial intelligence, INZMO optimizes fraud prevention and claims handling, resulting in efficient and accurate service delivery. Its proprietary back-office technology streamlines operations, reduces costs, and enables rapid response to customer needs. By focusing on customer experiences and understanding their values, INZMO aims to revolutionize the insurance industry and set new standards for renting homes. The company has received recognition in the industry, including accolades from the European Commission and investments from various insurers in Europe.
Fyma
Seed Round in 2020
Fyma is a Tallinn-based company that specializes in artificial intelligence software focused on video analytics through computer vision algorithms. Established in 2017, Fyma transforms conventional camera feeds into smart sensors, allowing businesses and institutions to extract and analyze data from video footage. This capability enables clients to gain insights into shopping behaviors and the movement of objects, facilitating strategic planning decisions. The platform is designed with self-learning features for real-time monitoring and can integrate with third-party data sources. Fyma's solutions are applicable across various sectors, including retail, business parks, campuses, and marina management, providing empirical data to enhance decision-making in the built environment and commerce.
Giraffe360
Seed Round in 2020
Giraffe360 Limited is a London-based company that specializes in manufacturing robotic cameras for the real estate industry. Founded in 2016, Giraffe360 has developed a 360° photography camera that facilitates seamless property scans, enhancing the online experience for potential buyers. The camera captures virtual tours, wide-angle photographs, and detailed floor plans, which can be downloaded to support property listings. In addition to its camera technology, Giraffe360 offers cloud processing services, data storage, and a content management system for file management and analytics review. This combination of innovative hardware and software allows real estate agents to present properties more effectively, streamline the marketing process, and improve overall client engagement.
Veriff
Convertible Note in 2020
Veriff is an online identity verification company founded in 2015 and based in Tallinn, Estonia. It provides a highly automated platform designed to secure online identity verification services for businesses and their customers, helping to protect against identity fraud. The platform utilizes a combination of machine learning and expert manual checks to ensure reliable authentication. It can verify various forms of identification, including drivers' licenses and passports, across different websites and mobile applications. By enhancing fraud detection and compliance with regulations, Veriff facilitates a trusted connection between companies and their customers, promoting safer online interactions.
Planet42
Seed Round in 2020
Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.
askRobin
Seed Round in 2020
askRobin is an online loan search engine that connects borrowers with various lenders to facilitate the comparison of loan options. By creating a free profile, users can receive tailored loan offers in minutes. The platform utilizes artificial intelligence to analyze user information and scan the credit market, ensuring that borrowers have access to fair credit terms and improved borrowing costs. Through its financial marketplace, askRobin aims to simplify the loan search process, enabling users to make informed credit decisions by presenting them with the best offers available from different financial institutions.
FanSifter
Pre Seed Round in 2020
FanSifter is a fan data management platform that utilizes machine learning to assist rights holders in the music, entertainment, and sports sectors in boosting sales related to tickets, music, merchandise, and sponsorships. The platform enables industry stakeholders to consolidate their first-party opt-in fan data, allowing for enhanced collaboration and insights into fan behaviors while ensuring compliance with privacy regulations. This collaborative customer data approach facilitates improved segmentation, profiling, and enrichment of fan data, ultimately streamlining hyper-personalized communication with audiences. Through these capabilities, FanSifter aims to enhance the overall engagement and revenue generation for its clients.
Timbeter
Seed Round in 2020
Timbeter is a smartphone application designed to streamline the measurement of timber, offering a fast and accurate solution to a traditionally labor-intensive process. By utilizing machine learning and artificial intelligence, Timbeter allows users to measure timber simply by taking a photo with a smart device. This digital measurement platform aims to enhance transparency and efficiency in the timber supply chain, providing traceability in the measurement processes. Timbeter promotes competitive and sustainable forest management, addressing the industry's need for improved practices while reducing the reliance on manual measurement techniques.
Planet42
Venture Round in 2019
Planet42 is a company focused on improving access to personal vehicles for individuals overlooked by traditional banks. By utilizing technology to assess risk, Planet42 purchases second-hand cars from a network of motor dealers and offers them to customers through a subscription service. This model allows customers to rent vehicles without needing to meet in person or view the car beforehand. The company analyzes essential validation documents, including identity proofs, payslips, and bank statements, to ensure a smooth transaction process. Through its rent-to-buy automotive services, Planet42 provides an affordable path to vehicle ownership, promoting financial inclusion and mobility for a broader audience.
MeetFrank
Seed Round in 2019
MeetFrank is a recruitment app launched in September 2017, aimed at enhancing transparency in the job market. The platform connects job applicants with employers seeking specific skills, facilitating a streamlined job search experience. One of its key features is the ability to conduct searches without revealing personal information, allowing users to explore international job opportunities while maintaining their anonymity. This approach not only empowers candidates to discover potential positions abroad but also enables companies to access a broader talent pool that aligns with their requirements. Overall, MeetFrank serves as a bridge between job seekers and employers, fostering a more open and efficient recruitment process.
HumansApp
Pre Seed Round in 2019
HumansApp is a Social networking Mobile App company.
asya.ai
Pre Seed Round in 2019
Our main service activities focuses on new software product prototyping, manufacturing industry, high tech R&D and creative mobile app development. We work with all aspects of software development and design, stretching from pre-market studies through ideation to surface design, concept engineering and realization of the end product. Pitch Patterns analyze sales and customer service calls, detect emotion tone of voice, biometric verification, content, and automatically detect problematic calls. Instead of listening calls randomly from 10k we give top 10 to listen and improve.
MeetFrank
Seed Round in 2018
MeetFrank is a recruitment app launched in September 2017, aimed at enhancing transparency in the job market. The platform connects job applicants with employers seeking specific skills, facilitating a streamlined job search experience. One of its key features is the ability to conduct searches without revealing personal information, allowing users to explore international job opportunities while maintaining their anonymity. This approach not only empowers candidates to discover potential positions abroad but also enables companies to access a broader talent pool that aligns with their requirements. Overall, MeetFrank serves as a bridge between job seekers and employers, fostering a more open and efficient recruitment process.
Festivality
Seed Round in 2017
Festivality is a platform technology for festivals and events to build smarter next-generation mobile apps, gain new revenues and actionable event and fan analytics. Festivality digitizes live events and turns them into actionable data.
Nordigen
Seed Round in 2017
Nordigen is a company that offers a free open banking API, facilitating PSD2 data connections to major European banks. Its platform focuses on transaction analytics, allowing banks to enhance their decision-making processes regarding credit scores. By leveraging big data and artificial intelligence, Nordigen assesses the risk profiles of loan applicants, helping credit businesses categorize customer banking transactions more effectively. This approach aims to streamline and improve the efficiency of credit assessments.
Eventornado
Angel Round in 2015
Founded in 2014, from Estonia; the worlds most digital country, Guaana is a community-based platform to run online innovation & research challenges. Guaana builds creative solutions for research funding and innovation. Instead of re-inventing the wheel, we adapt approaches from non-research focused applications used to solve challenges similar to those faced in research funding and implement them into the evaluation of scientific work in ways that enhance collaboration and transparency in the process. Guaana works with governments and organizations from all over the world, helping them to: * Distribute research grants - 6x times faster, and 75% more efficient * Run online hackathons - remove manual activities, and engage globally * Gather ideas through an online workshop - remove travel time & expense, infinite scale, more flexible use of time, global reach, low admin requirement Everything in one app, no more juggling files and data between multiple different systems.
Timbeter
Seed Round in 2014
Timbeter is a smartphone application designed to streamline the measurement of timber, offering a fast and accurate solution to a traditionally labor-intensive process. By utilizing machine learning and artificial intelligence, Timbeter allows users to measure timber simply by taking a photo with a smart device. This digital measurement platform aims to enhance transparency and efficiency in the timber supply chain, providing traceability in the measurement processes. Timbeter promotes competitive and sustainable forest management, addressing the industry's need for improved practices while reducing the reliance on manual measurement techniques.
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