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Change Ventures

Europe, Harjumaa, Estonia, Tallinn

Description

Change Ventures is a pre-seed stage VC fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

Investor Profile

Change Ventures has made 56 investments, with 7 in the past 12 months and 63% as lead.

Stage Focus

  • Seed (54%)
  • Pre Seed (23%)
  • Series A (14%)
  • Angel (4%)
  • Series Unknown (4%)
  • Convertible Note (2%)

Country Focus

  • Estonia (46%)
  • United States (14%)
  • Latvia (11%)
  • United Kingdom (7%)
  • Lithuania (7%)
  • South Africa (5%)
  • Germany (4%)
  • Spain (4%)
  • Australia (2%)

Industry Focus

  • Software
  • Information Technology
  • Apps
  • Mobile Apps
  • Artificial Intelligence (Ai)
  • Manufacturing
  • Mobile
  • Financial Services
  • Advertising
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Change Ventures frequently co-invest with?

Startup Wise Guys
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 5
Nebular
South America, Antioquia, Colombia, Medellín
Co-Investments: 2
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 3
PV
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Future Positive Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Superhero Capital
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
TMT Investments
Europe, NA - Jersey, Jersey, St. Helier
Co-Investments: 2
Fiedler Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 3
Lemonade Stand
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 3

Which angels does Change Ventures often collaborate with?

JS
Europe, Budapest, Hungary, Budapest
Shared Deals: 2
KV
Europe, Estonia
Shared Deals: 4
JB
North America, California, United States, San Francisco
Shared Deals: 3
JT
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 2
MM
Europe, Lithuania
Shared Deals: 4
TP
Europe, Lithuania
Shared Deals: 2
AK
Europe, Latvia
Shared Deals: 3
JJ
Europe, Vilniaus Apskritis, Lithuania, Vilnius
Shared Deals: 3
MV
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 4
AS
Europe, Vilniaus Apskritis, Lithuania, Vilnius
Shared Deals: 3

What are some of recent deals done by Change Ventures?

ENGYcell

Riga, Riga, Latvia

ENGYcell provides personalized energy storage solutions to reduce energy costs, gain energy independence.

Energy Storage
Pre SeedMar 19, 2025
Amount Raised: $272,794
Trace.Space

Miami, Florida, United States

Trace.Space is an AI-powered requirements management platform for engineers developing industrial products.

Artificial Intelligence (AI)Product DesignSimulationSoftware
SeedFeb 5, 2025
Amount Raised: $4,000,000
Modash.io

Tallinn, Harjumaa, Estonia

Modash allows marketers to build, launch, manage, and measure audience targeted influencer marketing campaigns.

AdvertisingInternetSoftware
Series AOct 30, 2024
Amount Raised: $12,000,000
Origin Robotics

Riga, Riga, Latvia

Defense technology company that specializes in advanced autonomous systems

AerospaceGovernmentMilitaryRobotics
Pre SeedOct 25, 2024
Amount Raised: $2,592,145
Certific

Tallinn, Harjumaa, Estonia

Certific is a clinical communication and data capture platform for digital first clinics.

Health CareInformation ServicesInformation Technology
Series UnknownSep 23, 2024
Amount Raised: $777,735
RivalSense

Riga, Riga, Latvia

RivalSense is an AI-powered competitive intelligence tool that helps businesses stay ahead of their competitors.

AnalyticsB2BBusiness IntelligenceMachine LearningMarket ResearchSaaS
AngelJun 5, 2024
AM Craft

Riga, Riga, Latvia

AM Craft designs, manufactures, and delivers 3D-printed, small-batch airplane interior components.

AerospaceManufacturing
Pre SeedMay 15, 2024
Amount Raised: $653,301
Inspectle Food

Tallinn, Harjumaa, Estonia

Inspectle Food is a platform for conducting frequent hygiene inspections in GFSI-certified food manufacturing plants.

Food and BeverageFood Processing
Pre SeedDec 12, 2023
Amount Raised: $431,940
Drovo

London, England, United Kingdom

Drovo operates as an AI-Backed Car-Advertising Platform

AdvertisingAdvertising PlatformsArtificial Intelligence (AI)Big DataComputer VisionMobile Apps
Series AOct 24, 2023
Amount Raised: $3,648,570
Monetizr

Atlanta, Georgia, United States

Monetizr is an in-game ad experience platform that integrates brand stories at scale into mobile games.

Ad NetworkAdvertisingAdvertising PlatformsB2BEnterprise SoftwareGamificationGamingMobile
SeedAug 9, 2023
Amount Raised: $4,000,000