Early stage fund that invests €50-300k into B2B software companies in pre-seed and seed stage. Looking for strong teams working on impactful solutions.

Waiting for Startups with: Prototype, customer validation
Fields of interest: B2B software
Benefits for Startups: Marketing, communications, sales, fundraising support
Fund range per team: 50-300k
Investment conditions: Equity, convertible loan, SAFE
Market focus: We're sector agnostic but looking for teams and solutions for the big challenges like climate, energy, etc.

BADideas.fund is an ngel investor syndicate investing €50-€150K tickets in post-MVP startups in CEE. It is led by experienced entrepreneurs who have walked the startup building path, have raised funds from investors and can help founders navigate around obstacles they encounter along the way.

Since launching in April 2022, we have invested over €2M. Among BADideas.fund members are founders and operators, who’ve been building such companies as Vimeo ($450M funding), Printify ($54M), Pandadoc ($51M), Pipedrive ($90M), Bolt ($1.3B funding), Apollo.io ($151M), Bird ($783M funding), Shopify ($122M), Whimsical ($30M), Lokalise ($56M), Deel ($679M), Printful ($130M), Twilio ($614M), Veriff ($192.3M), Wise ($1.3B funding).

Waiting for Startups with: MVP with traction
Fields of interest: Agnostic
Benefits for Startups: Microadvising from 200+ startup builders & operators (our angel investor community), fundraising accelerator, no-code tools for scaled execution
Fund range per team: 50K - 250K
Investment conditions: Pro rata, information rights
Market focus: B2B, marketplace software

Curiosity is a community-driven venture capital firm based in Netherlands.
We support Baltic, Benelux and Nordic founders in building responsible AI software companies that serve the world, not eat it.

Waiting for Startups with: First revenue
Fields of interest: Fintech, Security, Proptech, Legaltech, Logistics, Ecommerce
Benefits for Startups: We are a community driven fund and share carried with portfolio founders and advisors
Fund range per team: 500k to 3mio
Investment conditions: Equity, CLA, SAFE
Market focus: Baltics, Benelux, Nordics

G+D Ventures is active since 2018 and founded by experienced Venture Capitalists. We are a theme-driven investor focusing on growth-oriented companies, whose innovations promote and protect trust in our society. With this goal in mind, we established a €50m co-investment vehicle with the European Investment Bank and G+D, dedicated to investing in early-stage European TrustTech startups. We designed this fund to move quickly, driven by financial returns while leveraging the support of G+D’s business units. With the G+D Group’s backing and decades of venture capital investing experience in both financial and corporate settings, we leverage our unique, global trust network to open doors for our portfolio companies.

Waiting for Startups with: MVP stage up to scaling stage with several €m revenues
Fields of interest: Cybersecurity, Fraud/AML, Post Quantum Cryptography, Confidential Computing, Web3 Security, Responsible AI... all TrustTech
Benefits for Startups: Unique network: We draw on G+D’s trust network and our own specialized TrustTech network to connect our startups with the right people. Our ecosystem of CISOs, universities, clients, partners and internal experts opens the doors to new ideas and markets.
Fund range per team: € 0.5 - 3m
Investment conditions: Equity, Convertible
Market focus: EU27

 

Nordic Foodtech VC invests in early-stage companies aiming to radically renew the food system – from the soil to the orbit and from new sources of protein to better ways of eating. The fund was launched in 2020 and has 42M€ to invest in approximately 20 companies in the Nordics and Baltics.

Waiting for Startups with: spinouts, early stage
Fields of interest: foodtech & agritech
Benefits for Startups: The first foodtech specific fund in the region, with sector specific expertise from various angles
Fund range per team: initial tickets up to 1 M€ + follow-ons
Investment conditions: equity
Market focus: Nordic and Baltic countries

The Startup Lithuania Accelerator powered by Plug and Play is a unique industry-agnostic program designed to support early-stage startups that wish to be based in Lithuania. The program's primary goal is to provide startups with a global experience and a worldwide network from the starting point.

Waiting for Startups with: No hard requirements for traction or product readiness
Fields of interest: Sector Agnostic
Benefits for Startups: Early stage sector agnostic accelerator program with benefits as individual mentorship; access to Plug and Play global network of corporations, VCs, portfolio startups and other partners; office space.
Fund range per team: 30k - 150k
Investment conditions: 2%
Market focus: CEE

The Creative Destruction Lab (CDL) is a nonprofit organisation that offers a nine-month objective-based program to help deep-tech startups rapidly scale their businesses. CDL organises a series of full-day sessions (every eight weeks) and provides mentorship from world-class experienced entrepreneurs, investors, scientists, etc. The focus on setting three objectives for the next 8 weeks and experienced mentors volunteer to help startups achieve these goals. CDL-Estonia is a part of the CDL program 13 locations globally and presents the Digital Society stream. Focus is on data-driven startups of digital society, cybersecurity, and genomics & digital health. CDL-Estonia is located at the University of Tartu. Three sessions occur in Tartu or Tallinn during the program, and one is online. The program is free to startups (no equity, not fees). Applications can be submitted at the CDL-Estonia website. CDL is in the TOP 10 active startup accelerators globally according to the CB Insights report (October 2023).

As an ex-CVC fund, part of an established Romanian software development company, beside capital investment (up to 500,000 euros), we offer access to our enterprise network, cross-collaboration with the rest of our portfolio companies, product development, and business support.

Waiting for Startups with: Revenue
Fields of interest: HealthTech, Manufacturing, Energy, Fintech, Automotive, PropTech, DeepTech, Cybersecurity, B2B SaaS, IoT, AI, M/L
Benefits for Startups: Investment, investment readiness, network
Fund range per team: 15M
Investment conditions: Equity / convertible
Market focus: CEE, Baltics, DACH, UK, US

Butterfly Ventures is the leading seed entry deep tech VC in the Nordics. Butterfly Ventures was founded in 2012. Ever since then we’ve been one of the most active early stage VCs in the region. We have an office in Oulu (FIN), Helsinki (FIN), Stockholm (SWE), Tallinn (EST) and Copenhagen (DNK).

Butterfly Ventures is known for our co-operative approach. We like to interface with founders directly and work as a team and founders have the full support of all our partners. Furthermore, we’ve been always mindful of our impact to society around us. For example according to Forbes, we were the first VC fund that operated 100% carbon neutrally in Europe.

Waiting for Startups with: prototype, MVP
Fields of interest: Deeptech, hardtech, R&D
Benefits for Startups: Scandinavian research and development network and solid track record of building and exiting deeptech startups
Fund range per team: average initial ticket 300 000 euros
Investment conditions: equity, convertible note
Market focus: Scandinavia and Baltics

FASE – the leading impact finance advisor across Europe
Our mission is to support impact ventures with outstanding, innovative solutions in finding the appropriate financing to grow and scale. With our
tailored consulting services and various activities to shape a better ecosystem, we are committed to helping to create a thriving market for social innovation across Europe. We are also making direct investment through our mezzanine matching fund with up to 400K EUR/transaction.

Waiting for Startups with: Post-revenue
Fields of interest: Sector agnostic - requiring social or environmental impact
Benefits for Startups: 2000+ impact investors, mostly from DACH region. Facilitation of full rounds as trusted advisor
Fund range per team: Up to 400K EUR
Investment conditions: Mezzanine (patient, subordinated loan)
Market focus: Europe