SmartCap is a small fund manager registered with the Estonian Financial Supervision and Resolution Authority, a subsidiary of KredEx. It manages a state venture capital fund with €80M. As per the company, SmartCap’s vision is to make Estonia’s capital market work by providing VC investments, which would enable ambitious and innovative Estonian companies to grow globally.
SmartCap’s new deep tech fund!
SmartCap has announced that it will make a cornerstone investment of €15M. The new fund manager will raise additional capital from private investors. The deep tech fund will invest in companies with product or service and business model predominantly based on scientific research and development, as well as commercialisation of intellectual property.