Change Ventures

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.

Janis Krums

Venture Partner

Yrjö Ojasaar JD

Investment Partner

Rait Ojasaar

Investment Partner

Gabrielė Poteliūnaitė

Associate

Past deals in CAD

Trace.Space

Seed Round in 2025
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.

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.
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