SmartCap
Tallinn, Harju Countysmartcap.ee
Overview
SmartCap is a government-held fund of funds seeking to invest in private fund management teams. SmartCap manages early stage venture capital fund Early Fund II. Total assets under management are EUR 40 million. Based on present investment strategy, we are making new investments into early-stage venture capital funds. In line with investments, we build meaningful partnerships with the best venture capital fund managers in the region to validate, accelerate, and finance outstanding companies. SmartCap is an investment arm of Fund KredEx.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Frankenburg Technologies | Feb 2026 | Series A | Co-investor |
| Starship | Oct 2025 | Series C | Co-investor |
| Bisly | Aug 2025 | Early Funding | Co-investor |
| Vok Bikes | Jul 2025 | Series A | Co-investor |
| Stargate Hydrogen | Mar 2025 | Series A | - |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.