Pablo Picasso — ‘Learn the rules like a pro, so you can break them like an artist.’ The primary reason why we invested in Kwota is the strong founder team of Rain Vääna and Argo Rannamets. …

At €49M in commitments after the final closing, Change Ventures Fund II is the largest seed venture capital fund ever raised in the Baltic States, a region that has clearly been proven an outlier in Europe. Estonia produces more startups per capita than even Israel. Taken together, Estonia, Lithuania and…

When people ask me what is a “Baltic diaspora startup”, the example I usually give is Dogo. A Berlin headquarted startup, with three Lithuanian and one Estonian co-founder plus a development team in Kaunas, Lithuania, they are the prototypical startup that takes advantage of Berlin’s thriving startup ecosystem and the…

All venture investors have an anti-portfolio — a list of the startups they had an opportunity to invest in but decided not to. Printify has been high on our list since we passed on the chance to make a small investment during the early days of Fund I. As “green”…

We are delighted to announce another increase in the size of Change Ventures Fund II, to almost €43M in commitments, meaning more capital for more ambitious Baltic founders to scale their businesses across the globe. …

🚀 We are humbled to have been selected by founders among the top 10 venture funds in Europe to work with. VC review site Landscape tallied up for Sifted the results based on founder feedback regarding speed, responsiveness and what additional value the funds provide for the startups. …

🚀 We are excited to welcome Memby to the Change Venture portfolio! …

Eurora was not an obvious choice for the biggest investment to date from Change Ventures. Eurora’s team of 45 people, and an AI/ML engine built over the past two years through cooperation with TalTech and AI technology groups did not really signal Minimum Viable Product to us. …

I met the founders at Login, Lithuania's technology conference, in 2016 and they told me about their early customer beachhead: evangelical churches in the USA. The churches wanted to attract parishioners beyond only those that speak English and the language barrier was huge. As weekly services, most could not afford…