Estonian Private Equity & Venture Capital Association

31/01/2024

🗯 Our newsfeed has moved to LinkedIn. Follow us for fresh updates: https://www.linkedin.com/company/estonian-private-equity-&-venture-capital-association-estvca-/

29/01/2024

🙌 sTARTUp Day 2024 wrapped! Thanks so much to all our members, friends, and organisers for a super well-organised event, insightful stage program, and diverse side events and networking possibilities. We were honored to step on stage with the EstVCA on Investor Day with our Managing Director Kadri Lindpere and Board member Dmitri Ševoldajev giving an overview of New Nordic Market Trends.

👏 A special greeting goes to Investor Day organisers Estonian Business Angels Network EstBAN, incl Anu Oks, Annelis Rum and Pilleriin Kivisikk from sRTARTUp Day team. Thanks for a great program and seamless organisation of the event! And great to have shared a stage with you Jerry Yang, Martin Vares, Taavi Veskimägi, Mari Luukkainen, and David Clark!

Looking forward to seeing you all on 29-31 January 2025 for sTARTUp Day 2025!

05/10/2023

🎬 The Baltic VCA Summit 2023 wrapped - the AFTERMOVIE is out!


On August 24-25th the and investor community gathered for the Baltic VCA Summit 2023 for two days of industry overviews, networking, sports and cultural activities. The event, which was held for the 11th year and rotates across the Baltic countries, this year welcomed more than 250 people at the seaside summer capital of Estonia, Pärnu.

🟣 This time the event put a focus on further Nordic-Baltic cooperation and was perfectly stitched together by a fabulous professional and outstanding person – the event host and moderator Claes Mikko Nilsen.

🟣 We were so honoured to witness a keynote speech from Mr Frans Tieleman, the Chair of Invest Europe who gave a very interesting insight into the industry’s way forward, followed by a fireside chat with President Kersti Kaljulaid on her view on tech investments. The European and Baltic VC&PE fund performance overview by Kriss Spulis from the European Investment Fund (EIF), interviewed by Sille Pettai (SmartCap) created wide attention in the audience with its precise and detailed market data. The novelty view on macroeconomic trends impacting the PE/VC industry provided by Markus Hollmen (Corecam Family Office) and interviewed by Kristine Berzina (Livonia Partners) has become a widely discussed topic in the investor community.

🟣The panel discussions with their extremely well-structured and interesting viewpoints, diversified participants, and innovative format, created a new benchmark for many upcoming events. Thank you for the very insightful LP panel Barbara Piette (Knightsbridge Advisers LLC), Pavel Dvorak (EBRD), Stiina Lehti (Odensö), Samuel Wendelin (Tesi) and
moderator Kristjan Kalda (BaltCap). The “Innovation in the industry” panel, moderated by Margus Uudam (Karma Ventures) with Rebecka Löthman Rydå (Inventure), Rokas Peciulaitis (Contrarian Ventures), Taneli Tikka (Dimension Venture Partners) and Kart Siilats (Superangel), brought many sharp, smart and cutting-edge ideas on the table and was supported by its engaging Jeopardy-style format and fun ChatGPT viewpoints.

🙏PARTNERS! Thank you BaltCap for your full support in putting the event together, for TGS Baltic in engaging the audience with various activities, for Invest in Estonia in helping to build the best investment climate in the region, for SmartCap in bringing together a diversified LP base, for COBALT Legal in being a long-time partner and enabler of networking activities, for Specialist VC and Trind Ventures in helping us all to fundraise and support , for Tera Ventures in unlocking the potential of best talents.

🙏 And we could never have imagined Summit Day 2 if it weren’t for Karma Ventures, who helped to create a “Be present” vibe as the main partner for the whole Activity Day which included morning run, tennis, golf, various beach sports and a fabulous BBQ lunch. The Siena Art Tour by Siena Secondary Fund was a cherry on top guiding the audience into the maze of art investments and impact.

🙏 Last but not least - a huge thank you to the main organising superpower team Kadri Lindpere, Marianne Kosenkranius, Kairi Loomet, Liis Peetermann, Kadri Barclay and our dear partners across the region for making it all a reality: LVCA, LTVCA, FVCA, DVCA, SVCA, NVCA.

🇱🇹 See you all at the Baltic VCA Summit 2024 in Lithuania!

On August 24-25th the Baltic and Nordic investor community gathered for the Baltic VCA Summit 2023 for two days of industry overviews, networking, sports and...

23/08/2023

😎 Tomorrow it will happen again!

For over a decade, the Baltic VCA Summit has been the largest private meeting place for the key Baltic Private Equity and Venture Capital industry players. It's where we discuss the most impactful industry trends and plant seeds of strategy for the upcoming years.

In 2023, we expect over 250 people from the New Nordic investment community to join us at the summer capital of Estonia, Pärnu.

What's in store?

A lineup of insightful discussions with over 15 international speakers. Sports and leisure activities to get to know each other better. An exclusive art tour to explore Pärnu's (hidden) art gems. Pool-side chill and karaoke. And an unforgettable festivity featuring the burning musical superstar DJ NÖEP, held at a truly unique location on the white shores of Pärnu beach.

What better setting for catching up and making new connections within the LP-GP community! See you all tomorrow!

🙏 Thank you for being the force behind the : BaltCap, SmartCap, karma.vc, TGS BALTIC, Tera Ventures, COBALT.Legal, Siena Secondary Fund, Invest in Estonia, Latvian Private Equity and Venture Capital Association LVCA, and Lithuanian Private Equity and Venture Capital Association.

03/08/2023

🇪🇪 Kersti Kaljulaid served as the President of the Republic of Estonia from 2016-2021. During her time in office, she made her presence felt in both her homeland and the international arena. She is the first Estonian to be featured in the Forbes World's 100 Most Powerful Women.

President Kaljulaid is a vocal advocate of human rights, the rule of law, freedom of speech, and democracy. One of her principles has always been: “I am never silent when our security is in question, when our freedoms are at stake, or when those weaker than us are treated unjustly.

We're glad to welcome her on the stage at the Baltic VCA Summit 2023 - held on August 24-25, in Pärnu, Estonia.

More info and tickets at: www.balticvcasummit.com

***
🙏 The Baltic VCA Summit 2023 is taking place thanks to:
Latvian Private Equity and Venture Capital Association (LVCA), Lithuanian Private Equity and Venture Capital Association, BaltCap, Karma Ventures, TGS BALTIC, COBALT.Legal, Siena Secondary Fun, Tera Ventures, Invest in Estonia.

18/07/2023

📣 NEW MEMBER: SEB Pank joins EstVCA as an associate member!

EstVCA is very honoured to welcome SEB as an associate member to join the pool of leading consultants, financial institutions, and legal advisors working closely with regional Private Equity and Venture Capital funds and their portfolio companies.

💬 Allan Parik, CEO of SEB Pank: " SEB Estonia has been one of the key supporters of innovation in Estonia for years. "By being part of an international banking group, we are uniquely positioned to connect our customers with financing solutions that support various stages of their growth. We are very happy to join the association that shares our values and continuously promotes the development of a sound and diversified financial ecosystem. "

💬 Kadri Lindpere, the Managing Director of EstVCA sees many interesting cooperation angles with SEB and EstVCA members and their portfolio companies. „Such a key player in the New Nordic region as SEB is a wonderful addition to our membership and we see many interesting synergies to be created on various levels, including financing services to portfolio companies as well as fund managers. With over 750 000 customers and more than 1000 team members, SEB is a great partner in finding the most efficient growth strategies for tech companies and PE funds in the area,” Lindpere explains.

👉 Key contacts from SEB for EstVCA members: Anneli Ivanov, Ethel Kitter

19/04/2023

📣 NEW INVESTMENT! Livonia Partners invests in Bagfactory , a sustainability innovator in the retail sector

🟠 Livonia Partners invests in fast-growing Bagfactory, a manufacturer of non-woven and paper bags to customers across Europe. The transaction is pending Competition Council approval, and is anticipated to conclude by the beginning of this summer.

💬 According to Mindaugas Utkevičius, a founding partner of Livonia Partners, the Bagfactory investment is the fourth investment for Livonia Partners Fund II: “We at Livonia are striving to forge partnerships with Baltic companies that have a strong global growth potential. We believe in businesses whose products and services have a positive impact on people’s lives and the environment, and Bagfactory is precisely that.”

Livonia Partners invests in fast-growing Bagfactory, a manufacturer of non-woven and paper bags to customers across Europe. The transaction is pending Competition Council approval, and is anticipated to conclude by the beginning of this summer.

17/04/2023

📯 NEW INVESTMENT! Nordic Secondary Fund II has acquired an additional stake in Kilo Health

☞ This is the largest secondary deal of the fund so far - €9M of which €4M was invested in June last year and now another €5M was added to the investment.

☞ Kilo Health is one of the leading digital health and wellness companies globally, not only attracting talents to join its fast-growing team but also co-founding and accelerating start-ups in a rapidly growing digital health industry.

☞ Kilo Health has managed to maintain impressive growth since the last time Nordic Secondary Fund bought secondaries in the company. Furthermore, Kilo.Health has been named the 2nd fastest-growing company in Europe by Financial Times. Kilo.Health was also named one of the 30 most reputable companies in 2022 by The Silicon Review, and the most popular workplace in Lithuania in 2022 by MeetFrank.