Tera Ventures
Tera Ventures is a venture capital firm based in Tallinn, Estonia. It backs ambitious founders from the Baltics, Scandinavia and Central and Eastern Europe working on digital technologies with global scaling ambitions. The firm supports portfolio companies with access to expertise and hands-on guidance to grow from pre-seed and seed stages toward exits, and maintains a non-controlling approach to align founder motivation with ownership. Tera operates with a regional footprint and connects to markets in the UK, the US and Asia, wired through a global advisory network. It maintains a presence in Estonia, Finland and California to help portfolio companies expand internationally. The firm focuses on software, information technology and related digital sectors, leveraging its networks to facilitate market entry and growth.
Top Stages
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Past deals in Spam Filtering
BlackWall
Series B in 2025
Botguard OÜ specializes in cloud-based website protection software that safeguards websites from malicious bots, crawlers, scrapers, and hacker attacks. Established in 2019 and headquartered in Tallinn, Estonia, with an additional office in Haifa, Israel, the company offers a platform that analyzes visitor behavior and creates digital fingerprints, storing the results in a database. This technology allows Botguard to block harmful bot traffic in real-time while ensuring that legitimate users, search engines, and affiliate bots have unrestricted access to the website. By doing so, Botguard enables its clients to protect their businesses from threats such as hackers, spammers, content theft, and competitive scraping.
BlackWall
Series A in 2024
Botguard OÜ specializes in cloud-based website protection software that safeguards websites from malicious bots, crawlers, scrapers, and hacker attacks. Established in 2019 and headquartered in Tallinn, Estonia, with an additional office in Haifa, Israel, the company offers a platform that analyzes visitor behavior and creates digital fingerprints, storing the results in a database. This technology allows Botguard to block harmful bot traffic in real-time while ensuring that legitimate users, search engines, and affiliate bots have unrestricted access to the website. By doing so, Botguard enables its clients to protect their businesses from threats such as hackers, spammers, content theft, and competitive scraping.
BlackWall
Seed Round in 2020
Botguard OÜ specializes in cloud-based website protection software that safeguards websites from malicious bots, crawlers, scrapers, and hacker attacks. Established in 2019 and headquartered in Tallinn, Estonia, with an additional office in Haifa, Israel, the company offers a platform that analyzes visitor behavior and creates digital fingerprints, storing the results in a database. This technology allows Botguard to block harmful bot traffic in real-time while ensuring that legitimate users, search engines, and affiliate bots have unrestricted access to the website. By doing so, Botguard enables its clients to protect their businesses from threats such as hackers, spammers, content theft, and competitive scraping.
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