Change Ventures

Investor type

VC

Founded

2016

AUM

$26 M

Location

Tallinn, Tallinn, Estonia

Investment Ticket

$100+ m

Investment Stage

Seed Pre-seed Series B

Region of investment

Europe Africa
Investor profile last updated: 25 August, 2026

Profile

Change Ventures is a venture capital firm based in the Baltic region, specifically focusing on Estonia, Latvia, and Lithuania. The firm was founded by a group of experienced investors and entrepreneurs with a deep understanding of the local market. The team consists of venture partners who provide hands-on support to startups and leverage a strong network of later-stage investors and industry experts to help their portfolio companies succeed globally.

Change Ventures primarily invests in seed and pre-seed stages, targeting ambitious Baltic founders or the Baltic diaspora globally. Key areas of investment include AI, SaaS, and E-commerce/Marketplace, with initial check sizes typically ranging from €100k-500k. The firm places a strong emphasis on backing founders who demonstrate significant potential to build scalable, global businesses.

Notable investments by Change Ventures include Saltz, a European fresh products marketplace, and Handhold, a company building AI agents for tailored product demos. These investments reflect the firm's commitment to supporting innovative startups that can achieve widespread impact and growth.

Industry

Education Edtech E-commerce/Marketplace Financial Services Fintech Food and Beverage Foodtech Gaming Marketing and Advertising Media and Entertainment SaaS Software AI Technology

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FAQs about Change Ventures

Change Ventures is located in Tallinn, Tallinn, Estonia.
Change Ventures was founded in 2016.
Change Ventures invests in companies and startups in Education, Edtech, E-commerce/Marketplace, Financial Services, Fintech, Food and Beverage, Foodtech, Gaming, Marketing and Advertising, Media and Entertainment, SaaS, Software, AI, Technology.
Change Ventures invests in companies and startups in Europe, Africa.
Change Ventures invests in companies and startups at Seed, Pre-seed, Series B.
Change Ventures usually invests $100+ m on average.
Change Ventures has around $26m assets under management.