Investors in Ict
Spinaker alfa
VC FirmSPINAKER alfa is a seed capital fund focused on early stage projects. We help startups validate their business ideas, products and connect them with industry partners during commercialization phase. We are interested in R&D projects and new companies with unique technologies. SPINAKER alfa is partnered by National Centre for Research and Development as a part of BRIdge Alfa program, providing VC financing for R&D projects, innovative SMEs.
Gapminder VC
VC FirmGap Minder is a 45 Mil $ Venture Capital Fund targeting IT Software and Services start-ups in Romania and Central Eastern Europe. We sit at the heart of the fastest growing European economy with a distinctive technological ecosystem being the third global market for quality and speed of Internet connectivity. In a dynamic and growing start-up ecosystem, we are committed to support passionate and thoughtful founders to become global entrepreneurs and to rewrite the place of Romania and Central Eastern Europe in the global tech arena. Innovation, People, Impact. These are the 3 pillars of our investment vision. We are growing disruptive technologies, daring ideas and strong leaders and we value creativity, value creation and the potential of the businesses to impact markets. We are creating a major hub for innovation and entrepreneurship for Romania which will help us positioning among the leaders in European Innovation.
The Better Fund
VC FirmESG-focused fund, helping female-founders and gender-balanced teams in the BaltiNordics get access to capital to scale world-changing ideas
STOAF
VC FirmSTOAF, is an early stage VC fund, registered as an AIF under the EuVECA framework. Started in 2008, STOAF is now operating its third fund, STOAF III SciTech. The focus is on early stage investments in sustainable research based spin-outs within deep tech and life sciences.
Disruptive Technology Ventures
VC FirmDisruptive Technology Ventures is a privately held investment firm in disruptive technologies. We believe groundbreaking technologies can help resolve the big challenges the world is facing and can improve our lives. Our mission is to bring the most promising, unique and groundbreaking new technologies to the market in their optimal business model in order to deliver the impact these technologies deserve.
SINTEF Ventures
Corporate VCSINTEF has developed venture funds, the latest of which is called SINTEF Venture VI Fund. It will manage a capital of some €50 million, of which EIF is investing some €20 million. This substantial investment aims to promote the creation of 10-15 new companies, leveraging SINTEF’s tradition of pioneering technological innovations. The EIF also invested in SINTEF’s previous funds – EIF invested €10 million in 2014 and increased to €15 million in 2018. Fund’s latest investments: Cartesian AS – Offers heating and cooling solutions by storing and extracting thermal energy from phase change materials. MoreScope – Provides a data-driven platform for companies and investors to use to quantify climate impact, carbon footprint and avoided emissions. Sonair – Offers a 3D ultrasonic sensor for robots. Mia Health – Offers a solution that gives individuals and companies easy and precise insight into the actual health benefits of the activity in which they are involved.
Vesna Deep Tech Fund
VC FirmThe Vesna’s mission is to invest into deep tech projects and startups that will help solve our planet’s most urgent problems or tackle them in a more efficient and innovative way. We start at TRL4 on and are not stopping when it comes to growth. We will do this by accessing cutting-edge technologies through our core partnerships with research institutions, and transfer these technologies out to commercially viable products in companies/start-ups by our investment strategy that is in a light of our hands-on startup know-how and full investment lifecycles. Portfolio companies will closely work with industry partners and expert network, especially our Advisors to shape their best path to success.
Overkill Ventures
VC FirmOverkill Ventures invests in pre-seed stage startups and helps them get to product-market fit. They are mainly focusing on the Baltics, Nordics, CEE & CIS.
Overkill Ventures
VC FirmOverkill Ventures invests in pre-seed stage startups and helps them get to product-market fit. They are mainly focusing on the Baltics, Nordics, CEE & CIS.
Best Horizon
VC FirmBest Horizon provides financing, mentoring, and network access to startups in Europe and the Americas, focusing on early-stage growth. Managing 3M€ across two investment vehicles, they target tech companies in Portugal's North, Centre, Alentejo, and Azores regions. With over a decade of ICT investment experience, they support startups on their journey to international success.
BlueCrow Capital
VC FirmBlueCrow Capital, founded in 2010, manages €570M in assets across 16 investment funds, focusing on structuring and executing project financing strategies while adhering to ESG best practices. The Company operates in various sectors, including robotics, sustainable food, AI, and new technologies, with a strong presence in venture capital since 2016, supporting projects that promote decarbonization, food supply enhancement, and renewable resource optimization.

