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SmartCap

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.

Year Founded

2011

Portfolio Companies

25

Investments

SmartCap investments
CompanyDateStageLead
Kraken Technology GroupJul 2026Series BCo-investor
Skeleton TechnologiesMay 2026Series FCo-investor
SkySelectMar 2026VC RoundCo-investor
Frankenburg TechnologiesFeb 2026Series ACo-investor
PowerUPNov 2025Series ACo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersTallinn, Harju County
Year Founded2011

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