SmartCap Green Fund
Tallinn, Harju Countysmartcap.ee
Overview
SmartCap Green Fund is a fund managed by SmartCap, an Estonian state-owned fund manager. The fund operates both as a fund-of-funds, investing in greentech-focused VC and private equity funds, and as a direct investor in early-stage, research-intensive Estonian greentech companies. Its objective is to increase capital availability for companies developing technologies in sectors like energy, agriculture, food, transport, and materials that contribute to a green transition. The fund is financed by the European Union's NextGenerationEU Recovery and Resilience Facility funds.
Portfolio Companies
7
Website
smartcap.eeInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Skyselect | Mar 2026 | Early Funding | Co-investor |
| PowerUP Energy Technologies | Nov 2025 | Series A | Co-investor |
| PowerUP | Nov 2025 | Series A | Co-investor |
| Stargate Hydrogen | Mar 2025 | Series A | Co-investor |
| Fractory | Sep 2024 | Grant | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.