Tera Ventures

Tera Ventures, established in 2016, is a venture capital firm headquartered in Tallinn, Estonia. It focuses on investing in exceptional digital startups from the Baltics, Scandinavia, and Central and Eastern Europe, supporting them from pre-seed and seed stages to successful exits. The firm provides portfolio companies with access to global networks and expertise, facilitating expansion into key markets such as the UK, the US, and Asia. Tera Ventures invests in the range of EUR 200,000 to EUR 1.5 million per company, typically backing 25 to 30 companies per fund. It does not seek controlling stakes, allowing management to maintain adequate motivation through their shareholding.

Erik Anderson

Venture Partner

David Clark

Incoming Principal (Fund III)

Stanislav Ivanov

Founding Partner

Katsuhiko KUMAGAI

Venture Partner

Karin Künnapas

Venture Partner

Past deals in Baltics

Rendin

Venture Round in 2024
Rendin OÜ is a Tallinn-based company founded in 2019 that operates an innovative long-term rental platform designed for landlords, tenants, and agents. The platform streamlines the home renting process by replacing traditional security deposits with preventive insurance-backed technology, offering landlords enhanced protection against risks. Rendin provides a comprehensive suite of services, including tenant background checks, automated rental agreements, legal cover and advice, guaranteed rent payments, and damage protection. This approach aims to create a fair, fast, and flexible renting experience, benefiting all parties involved in the rental process.

Rendin

Seed Round in 2020
Rendin OÜ is a Tallinn-based company founded in 2019 that operates an innovative long-term rental platform designed for landlords, tenants, and agents. The platform streamlines the home renting process by replacing traditional security deposits with preventive insurance-backed technology, offering landlords enhanced protection against risks. Rendin provides a comprehensive suite of services, including tenant background checks, automated rental agreements, legal cover and advice, guaranteed rent payments, and damage protection. This approach aims to create a fair, fast, and flexible renting experience, benefiting all parties involved in the rental process.

Rendin

Pre Seed Round in 2020
Rendin OÜ is a Tallinn-based company founded in 2019 that operates an innovative long-term rental platform designed for landlords, tenants, and agents. The platform streamlines the home renting process by replacing traditional security deposits with preventive insurance-backed technology, offering landlords enhanced protection against risks. Rendin provides a comprehensive suite of services, including tenant background checks, automated rental agreements, legal cover and advice, guaranteed rent payments, and damage protection. This approach aims to create a fair, fast, and flexible renting experience, benefiting all parties involved in the rental process.

Snackable AI

Seed Round in 2019
Snackable AI is an Estonia-based company that focuses on creating innovative audio content formats, including podcasts, through the use of artificial intelligence. It offers a content discovery engine designed for the audio-first landscape, enabling users to effortlessly share significant moments from their video and audio libraries. The company's services include a web-based portal and an application-programming interface (API), which facilitate content organization and retrieval for both content owners and distributors. By leveraging AI technology, Snackable AI enhances the accessibility and engagement of audio content, providing users with AI-generated chapters and highlights.

Jobbatical

Series A in 2017
Jobbatical OÜ is an Estonian company established in 2014 that specializes in connecting professionals with short-term employment opportunities across the globe. It serves as an AI-enabled immigration and relocation platform, streamlining the process of hiring and relocating talent by automating the employee visa process and reducing associated complexities. Jobbatical focuses on providing reliable immigration and settling-in services, allowing employers to onboard team members from diverse locations efficiently. The platform caters to a variety of professionals, including developers, graphic designers, and marketers, who seek to combine work with travel experiences. By facilitating swift approvals and ensuring compliance, Jobbatical addresses talent shortages for employers while making relocation more economical and straightforward.

Jobbatical

Seed Round in 2016
Jobbatical OÜ is an Estonian company established in 2014 that specializes in connecting professionals with short-term employment opportunities across the globe. It serves as an AI-enabled immigration and relocation platform, streamlining the process of hiring and relocating talent by automating the employee visa process and reducing associated complexities. Jobbatical focuses on providing reliable immigration and settling-in services, allowing employers to onboard team members from diverse locations efficiently. The platform caters to a variety of professionals, including developers, graphic designers, and marketers, who seek to combine work with travel experiences. By facilitating swift approvals and ensuring compliance, Jobbatical addresses talent shortages for employers while making relocation more economical and straightforward.

Lingvist

Series A in 2015
Lingvist Inc. is a language-learning platform based in Tallinn, Estonia, that harnesses artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the efficiency of language acquisition. Founded in 2012, the company offers a subscription-based service accessible through web, iOS, and Android platforms, catering to users both in Estonia and globally. The platform is designed to improve vocabulary by using neural networks to evaluate the learner's existing knowledge and customize the learning experience according to individual needs. This approach allows users to develop their language skills more effectively, enabling better expression and understanding.

Jobbatical

Seed Round in 2015
Jobbatical OÜ is an Estonian company established in 2014 that specializes in connecting professionals with short-term employment opportunities across the globe. It serves as an AI-enabled immigration and relocation platform, streamlining the process of hiring and relocating talent by automating the employee visa process and reducing associated complexities. Jobbatical focuses on providing reliable immigration and settling-in services, allowing employers to onboard team members from diverse locations efficiently. The platform caters to a variety of professionals, including developers, graphic designers, and marketers, who seek to combine work with travel experiences. By facilitating swift approvals and ensuring compliance, Jobbatical addresses talent shortages for employers while making relocation more economical and straightforward.

VitalFields

Series A in 2015
VitalFields is a digital agriculture company based in Tallinn, Estonia, established in 2011. The company specializes in developing farm management software that enables farmers to efficiently plan, manage, and analyze their field activities. Its platform simplifies the tracking and reporting of crop inputs, assisting farmers in maintaining compliance with European Union environmental standards. VitalFields operates in several European countries, providing essential tools for modern agricultural practices.

Jobbatical

Pre Seed Round in 2014
Jobbatical OÜ is an Estonian company established in 2014 that specializes in connecting professionals with short-term employment opportunities across the globe. It serves as an AI-enabled immigration and relocation platform, streamlining the process of hiring and relocating talent by automating the employee visa process and reducing associated complexities. Jobbatical focuses on providing reliable immigration and settling-in services, allowing employers to onboard team members from diverse locations efficiently. The platform caters to a variety of professionals, including developers, graphic designers, and marketers, who seek to combine work with travel experiences. By facilitating swift approvals and ensuring compliance, Jobbatical addresses talent shortages for employers while making relocation more economical and straightforward.

Lingvist

Seed Round in 2014
Lingvist Inc. is a language-learning platform based in Tallinn, Estonia, that harnesses artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the efficiency of language acquisition. Founded in 2012, the company offers a subscription-based service accessible through web, iOS, and Android platforms, catering to users both in Estonia and globally. The platform is designed to improve vocabulary by using neural networks to evaluate the learner's existing knowledge and customize the learning experience according to individual needs. This approach allows users to develop their language skills more effectively, enabling better expression and understanding.

VitalFields

Seed Round in 2014
VitalFields is a digital agriculture company based in Tallinn, Estonia, established in 2011. The company specializes in developing farm management software that enables farmers to efficiently plan, manage, and analyze their field activities. Its platform simplifies the tracking and reporting of crop inputs, assisting farmers in maintaining compliance with European Union environmental standards. VitalFields operates in several European countries, providing essential tools for modern agricultural practices.

Cellin Technologies

Seed Round in 2010
Cellin Technologies LLC is a contract manufacturing company specializing in cell therapy products, founded in 2008 and based in Tallinn Science Park Tehnopol. The company focuses on providing contract manufacturing and clinical research services aimed at developing proprietary technologies for producing cells for experimental and clinical applications on a commercial scale. It serves a diverse clientele, including pharmaceutical and biotech companies, as well as hospitals and clinics both in Estonia and internationally. Cellin Technologies is dedicated to advancing regenerative medicine by researching and developing therapeutic products that facilitate the cultivation of tissue preparations from human tissue or bone marrow, ultimately enabling healthcare providers to deliver effective treatments to patients.

GrabCAD

Seed Round in 2010
GrabCAD is a mechanical engineering community established in 2009, headquartered in Boston, USA, with a development team located in Estonia. The platform serves engineers, designers, manufacturers, and STEM students by providing a free library of computer-aided design (CAD) models and facilitating collaboration among its users. Additionally, GrabCAD hosts engineering competitions and offers printing solutions to streamline design and 3D printing workflows. Through its services, the company aims to enhance knowledge sharing and reduce inefficiencies in managing print requests, thereby supporting the engineering and design industries.

Cleveron

Seed Round in 2008
Cleveron Ltd., established in 2006 and headquartered in Viljandi, Estonia, is a technology and logistics company specializing in modern postal solutions. The company operates a network of self-service parcel terminals across Estonia, enabling customers to send and receive parcels conveniently and efficiently. Cleveron designs, manufactures, and maintains these terminals, along with associated software solutions for operation control and central monitoring. Additionally, the company offers consulting services to help businesses implement and operate their own parcel terminal networks. Cleveron serves web retailing and mail-order businesses, aiming to provide measurable value through its technology-driven solutions.
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