Tera Ventures

Tera Ventures is an international venture capital firm headquartered in Tallinn, Estonia, with a strong focus on early-stage digital startups. Established to support companies with global ambitions, the firm primarily targets pre-seed, seed, and Series A rounds. It positions itself as a key player in fostering technological innovation across various sectors, leveraging its strategic location in the Baltic region to access promising European talent and markets while maintaining a global outlook for its portfolio companies.

The firm's investment thesis centers on identifying startups with robust teams, disruptive technologies, and scalable business models. Tera Ventures typically provides initial investments ranging from €250,000 to €2 million, which translates to approximately $270,000 to $2.16 million USD, demonstrating their commitment to providing substantial early capital. Beyond the initial cheque, Tera Ventures strategically reserves significant capital for follow-on rounds, ensuring continued support for its portfolio companies as they achieve milestones and scale. Their sector focus is broad within the digital realm, encompassing areas such as fintech, SaaS, deep tech, and marketplaces.

Tera Ventures has built a notable portfolio, having invested in over 60 companies to date. The firm actively manages multiple funds, with its latest being Tera Ventures Fund III, which achieved a first close of €43 million towards its €70 million target in late 2022. This fund aims to further expand their reach, investing in companies not only in the Nordic and Baltic regions but also across wider Europe and North America. Their strategic approach combines regional expertise with a global network, positioning them as a bridge for startups looking to scale internationally.