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SmartCap

SmartCap

SmartCap aims to create a vital venture capital market and enable ambitious and innovative Estonian companies to emerge and grow globally.

  • Use: Go2Market;
  • Date closing: -
  • Amount: -
  • Industry focus: All
  • Total budget: 20M €
  • Entity type: Venture Capital
  • Vertical focus: All
  • Website: http://smartcap.ee
  • Status:
    Open
  • Funding type: Equity investment;
  • Geographic focus: Estonia;
  • Public/Private: Private
  • Stage focus: Seed;
  • Applicant target: Startup;

Overview

SmartCap aim to be a committed partner for private fund managers to develop Estonian venture capital market and modernise Estonian economy.

SmartCap works actively on developing Estonian capital market by providing investments across economic cycles with an aim to overcome identified market gaps and inefficiencies.

They work together with the State and other market participants in order to develop the best investment strategy for addressing market needs.

They make cornerstone investments into venture capital funds hand-in-hand and on equal terms with private investors.

They invest into both generalist and industry specific venture capital funds with a strong focus towards Estonian innovative early-stage research and technology-intensive enterprises with strong international growth potential.

The new fund will be making investment decisions independently based on the Call's objective and the fund's investment strategy.

SmartCap is looking for private fund managers, who have significant investment focus and presence in Estonia. Their investments should contribute to the development of the local capital market and business environment, as well as raise awareness about the most relevant environmental issues.

In the first stage of Green Fund fund investments, SmartCap is planning up to two cornerstone investments in the amount of 20 million euros per fund, to unassociated private fund managers which will establish and manage green technology funds via an open Call, which was announced on September 6th, 2022.

 

Portfolio: Superangel, Tera VC.

Last updated on 2023-07-14 12:26

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