
Specialist VC primarily focuses on pre-seed and seed-stage tech startups in verticals such as B2B, SaaS, fintech, platforms, software-enabled hardware, Web3, and deep tech, with a geographical emphasis on the Baltic region, Finland, and founders from Ukraine and Belarus building in the EU. Their strategy for Fund II also uniquely incorporates secondary transactions alongside traditional venture capital investments.
38% of their portfolio is in Consumer. They made 4 investments in the last 12 months. Their most common stage is seed (50% of deals). Average disclosed round size is $3.6M (across 8 rounds with reported amounts).
Portfolio
8
Fund Size
$50M
Top Stage
Seed
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
Top Co-Investors
Startup Wise Guys2 shared
MetaPlanet1 shared
SmartCap1 shared
Trind1 shared
Rubylight1 shared
Newion1 shared
Vendep Capital1 shared
Business Finland1 shared
Iron Wolf Capital1 shared
Operator Stack1 shared
Superhero Capital1 shared
FIRSTPICK1 shared
GL Ventures1 shared
Last updated: 24 April 2026