SmartCap is a state-owned investment company supporting the development of the Estonian economy. SmartCap manages early stage venture capital fund Early Fund II and advises Estonian Development Fund investment portfolio. Total assets under management are EUR 33 million. Based on our current investment strategy, we are reorganising our direct investments and making new investments into early stage venture capital funds - accelerators.

In line with investments, we build meaningful partnerships with best venture capital fund managers in the region to validate, accelerate and finance outstanding companies. Our main investment principles are described in our investment strategy.