Tera Ventures backs ambitious founders and their compelling visions at their seed stage

Twice - The circular commerce platform - Make your products rentable in a few clicks

Montonio - All popular payment options at a low cost

Online banking platform that offers quick current account opening for all EU residents

Global leader in real-time emotion measurement for video

Cleveron is the innovation leader in creating robotics-based parcel terminals and developing last mile click and collect pickup solutions

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Our portfolio

Our startups are born-global across many industries – most have strong ties to Estonia, many have internationally diverse teams

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Mifundo

Passporting European Credit Data

Tallinn, Estonia https://mifundo.com/
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CARÁ

Personalised advice for your unique journey into motherhood

Tallinn, Estonia carahealth.io
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Supersimple

Self-service Business Intelligence for fast-growing SaaS companies

Tallinn, Estonia Supersimple.io
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Flowstep

The UX copilot that helps you design better products

Tallinn, Estonia flowstep.ai
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Avokaado

New document format for contract automation

Tallinn, Estonia avokaado.io
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Twice Commerce

Platform to sell and rent products under your own brand (formerly Rentle)

Helsinki, Finland twicecommerce.com
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Cino

Virtual card that splits bills

Tallinn, Estonia getcino.com
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Stackend

Backend, frontend & hosting in a single line of code

Stockholm, Sweden stackend.com
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Malcom Finance

Frictionless capital for logistics SMEs (formerly 4trans)

Prague, Czechia malcomfinance.com
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Superface

SDK and Infrastructure for autonomous API integrations.

Prague, Czechia superface.ai
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Secfense

Offensive & Defensive Cyber Solutions

Kraków, Poland secfense.com
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Botguard

Malicious Bots, Crawlers, and Scrapers Mitigation

Tallinn, Estonia botguard.net
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Tranformative AI

Transforming healthcare through deep learning

Estonia and UK transformative.ai
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SportsIQ

Smart Basketball – AI shooting coach and smart ball solution

Helsinki, Finland siqball.com
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AI Clearing

Construction Progress Tracking Solution

Texas, USA aiclearing.com
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Rendin

Rental agreement platform

Tallinn, Estonia rendin.co
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10Lines

Autonomous parking lot marking solutions

Tallinn, Estonia 10linesrobots.com
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Multiply

Connected Workspace

Stockholm, Sweden multiply.co
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Miros AI

Wordless Search for eCommerce (previously Find Fashion)

Tallinn, Estonia www.miros.ai
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Clevon

On-demand autonomous delivery solution

Viljandi, Estonia clevon.com
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Montonio

Customer-friendly financing solution

Tallinn, Estonia montonio.com
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Monese

Online Banking Platform

London, UK monese.com
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RealEyes

The World’s Leading Emotion AI Platform

London, UK realeyesit.com
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Cleveron

Last mile delivery robots

Viljandi, Estonia cleveron.com
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Jobbatical

Talent relocation service

Tallinn, Estonia jobbatical.com
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Scoro

Business management software

Tallinn, Estonia scoro.com
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Lingvist

AI powered language learning tool

Tallinn, Estonia lingvist.com
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Defendec

Autonomous surveillance meets AI

Tallinn, Estonia defendec.com
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Thinnect

IoT Edge of Network Service Provider

Tallinn, Estonia thinnect.com
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EXITED Snackable

Search engine for spoken audio

Tallinn, Estonia snackable.ai
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EXITED Fits Me

Fit recommendation technology

Tallinn, Estonia
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EXITED SelfDiagnostics

Molecular selfdiagnostic technology

Tallinn, Estonia
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NOW!Innovations

EXITED NOW!Innovations

Billing & Payment for Mobility Solutions

Tallinn, Estonia
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EXITED GrabCAD

3D printing & CAD collaboration software

Tallinn, Estonia
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Modesat Communications

EXITED Modesat Communications

FPGA or ASIC based digital modems

Tallinn, Estonia
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Cellin Technologies

EXITED Cellin Technologies

Cell therapy products

Tallinn, Estonia
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VitalFields

EXITED VitalFields

Farm Management System

Tallinn, Estonia
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EXITED Startup WiseGuys

B2B startup accelerator

Tallinn, Estonia

Tera Ventures backs ambitious founders and their compelling visions at pre-seed and seed stage

Tera Ventures is an Estonian venture capital firm investing in early stage born-global digital startups. We currently invest out of our 45 MEUR 2nd fund. Our goal is to discover world class founders tackling big problems and support them on the way to become the industry leaders. Estonia is our home market, we also invest in Denmark, Sweden, Finland, Latvia, Lithuania, Poland and Czech Republic. Our HQ is in Tallinn, our main team is here, Eamonn Carey is in London..

We are industry agnostic, we do have preferences based on what we have learned from our portfolio companies – eg we like Fintech, automation. We also develop themes – eg we have invested in AI/ML for more than ten years.

We are hands-on and founder-friendly, our goal is also to support portfolio companies across the early rounds with our follow-on investments. Over more than a decade, Tera team has had considerable success in assisting portfolio companies’ entry to the US, the UK and Japan, facilitating collaboration with international corporations, and raising additional capital from top-tier VCs. We are supported by a global advisory network also providing portfolio companies with access to expertise.

 

Our team

The best way to get in touch is to ask for any introduction – If that’s not possible, please write to us and we will do our best to reply promptly.

Andrus Oks
Founding partner
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Eamonn Carey
General Partner
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Stanislav Ivanov
Founding partner
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Helis Lipping
Operations and Communications
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David Clark
Head of Platform
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Karin Künnapas
Venture Partner
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Katsuhiko Kumagai
Venture Partner
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Prof. Shahab Anbarjafari
Science & Technology Advisor
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Founders about us

Latest news

Tera leads investment into Estonian fintech Mifundo as part of 10 million euro award

Estonian fintech Mifundo has been awarded €10m to fund the creation of the cross-border data platform for portable…

4Trans is now Malcom Finance

4Trans, which provides capital and software solutions for logistics firms , has rebranded as Malcom Finance It has…

Tera leads investment into CARÁ Health

CARÁ Health, an all-encompassing health and wellness resource that provides women with support and guidance throughout the maternity…

10 Lines raises new €1.5m round to further expansion in the US and beyond

10Lines an autonomous line marking technology, announced today the successful closure of its latest investment round, raising €1.5…

Tera leads investment into Supersimple

Supersimple is an AI-native data analytics platform that enables anyone to explore data and accurately answer complex questions…

Meet Katsuhiko – Our new Venture Partner

We are pleased to announce that Katsuhiko Kumagai has joined the team as Tera’s latest Venture Partner and…

Events and Conferences

Below you can find a list of events that we are organizing or conferences that we are attending in the next few months. If you would like to get in touch with us at any of these events, please write to us on

The EstFund is an initiative created by cooperation between the Republic of Estonia and the European Investment Fund and financed under European Structural and Investment Funds.