Who we are

SmartCap provides cornerstone investments for private fund managers to create a vital venture capital market in Estonia and enable ambitious and innovative Estonian companies to emerge and grow globally.

SmartCap is a small fund manager established in 2011 operating under an activity licence issued by the Estonian Financial Supervision Authority. SmartCap is a subsidiary of Estonian Business and Innovation Agency (after the merger of Foundation KredEx and Enterprise Estonia from January 2022).

SmartCap manages two common closed-end alternative investment funds: SmartCap Venture Capital (VC) Fund and SmartCap Green Fund. Both operate as a venture capital fund-of-funds according to their strategy. The sole unitholder of both funds is the Republic of Estonia.

SmartCap’s mission is to drive the development and growth of Estonian venture capital market by being a committed cornerstone investor in venture capital funds, addressing identified market gaps and investing through different economic cycles. 

Read more: www.smartcap.ee