SmartCap

Did you miss the Defence Tech Meetup? No worries – here are the highlights! Among other topics, the panellists discussed the growth and funding prospects of regional defence-tech companies, the rising interest towards defence-tech companies among top talent, and dual-use technologies. Have a read! 👇

Join SmartCap as a Legal Counsel! 🌟 SmartCap seeks a Legal Counsel to join our rapidly growing team in Tallinn, Estonia. As Estonia's venture capital arm, we manage nearly €400M in assets and are at the forefront of strategic VC investment initiatives. We are seeking a Legal Counsel who is eager to contribute to the innovative startup environment in Estonia and beyond, making a real impact with their work. 👉 Apply now and discover the details: https://lnkd.in/dVmNnDnR.

SmartCap announces €5 million investment in Antler Nordic Fund II, further solidifying our commitment to support innovative tech ventures across the Nordic region and Estonia. Antler, renowned for its proactive approach in backing over 400 European startups, is set to expand its footprint with this new fund. This initiative aims to enhance cross-border collaboration and cultivate a new wave of tech talent across Estonia and the Nordics. We're excited to join forces with such visionary partners and enhance the startup ecosystem in Estonia and beyond. 👉 Read more: https://lnkd.in/dDPR2urs

eAgronom, our portfolio company, has closed a €10M funding round led by Swedbank AB. SmartCap Green Fund continues to support eAgronom's mission in sustainable farming and carbon credit solutions. This investment will benefit agricultural customers in Estonia, Latvia, and Lithuania, driving progress in sustainability. 🌱 #NextGenerationEU

SmartCap's Green Fund joined in an investment round for Bisly, a tech company developing smart building automation solutions. Bisly is well-positioned to meet the increasing global demand for smart building technology. Its advanced solutions and strong team make it well-equipped to drive significant reductions in buildings' carbon footprints worldwide, contributing to broader climate change initiatives. We are excited to be part of your journey! 💚

Tune in on June 4th at 1 PM to Äripäev radio’s Cleantech show to catch a discussion featuring our investor Mattias Karu and Paul-Tech's co-founder Anu Einberg. 🎙️

DefenceTech Meetup #3: Peacetime Successes, Wartime Heroes might be over for now, but as our panelists noted, investing in dual-use and defense tech becomes more crucial each month. We are thankful to everyone who joined the session, with special thanks to the Estonian Founders Society and NATO Innovation Fund (NIF).

Coming to Latitude59? 🚀 Here’s the full outline of Smartcap events: 𝐌𝐚𝐲 22𝐧𝐝 𝐚𝐭 3:30 𝐏𝐌 - 𝐃𝐞𝐟𝐞𝐧𝐜𝐞𝐓𝐞𝐜𝐡 𝐌𝐞𝐞𝐭𝐮𝐩 #3: 𝐏𝐞𝐚𝐜𝐞𝐭𝐢𝐦𝐞 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐞𝐬, 𝐖𝐚𝐫𝐭𝐢𝐦𝐞 𝐇𝐞𝐫𝐨𝐞𝐬. This side event is co-organised with the Estonian Founders Society, NATO Innovation Fund (NIF), and Latitude59 to discuss dual-use technology and investment opportunities. The exclusive panel, moderated by Kelly Chen, a founding team member of NIF, will bring global experts to Estonia: → Lise Rechsteiner, PhD, General Partner at Vsquared Ventures, a key player in supporting transformative tech innovations across Europe. → Uwe Horstmann, co-founder and General Partner at Project A, one of the leading early-stage tech investors in Europe, focusing on Climate & Energy, Resilience & Defence, Financial Technology, and Global Supply Chains. → Jeremy Hitchcock, is a co-founder and General Partner at New North Ventures and a member of the investment team. For more information, please contact info@smartcap.ee or check out the event: https://lnkd.in/dw3yU-p7. 𝐌𝐚𝐲 22𝐧𝐝 𝐚𝐭 11:10 𝐀𝐌 - 𝐓𝐡𝐢𝐧𝐤𝐢𝐧𝐠 𝐢𝐧 𝐁𝐢𝐥𝐥𝐢𝐨𝐧𝐬. 𝐒𝐢𝐥𝐥𝐞 𝐏𝐞𝐭𝐭𝐚𝐢, 𝐂𝐄𝐎 𝐨𝐟 𝐒𝐦𝐚𝐫𝐭𝐜𝐚𝐩, 𝐰𝐢𝐥𝐥 𝐚𝐭𝐭𝐞𝐧𝐝 𝐚𝐬 𝐚 𝐤𝐞𝐲𝐧𝐨𝐭𝐞 𝐬𝐩𝐞𝐚𝐤𝐞𝐫 𝐚𝐧𝐝 𝐩𝐚𝐧𝐞𝐥𝐢𝐬𝐭. She will discuss the establishment of the new Estonian Defence Fund and the evolving role of defence tech in global security. For more information, check out the official webpage: https://lnkd.in/dGHb7Rdb.

SmartCap Venture Capital Fund has made its first investment under its updated strategy, committing €10 million to Plural Fund II. Led by seasoned founders, including the co-founder of Wise, Plural Fund II recently closed at €500 million and focuses on early-stage startups in impactful industries like healthcare and construction. Plural’s partners, including Estonian tech entrepreneurs Taavet Hinrikus and Sten Tamkivi, bring invaluable experience. They provide both capital and mentorship to the startups they back. This fund aims to create positive impacts and solve significant problems with a hands-on approach. Sille Pettai, SmartCap board member, states, “Plural fits perfectly with our new investment strategy, being an outstanding venture capital fund with strong Estonian roots.” SmartCap continues to support the growth of ambitious and innovative Estonian companies on the international stage. Read more about the investment: https://lnkd.in/dFxBRGUY.