Change Ventures
Location on request · Invests in Europe · Website
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🔒 $•• – $••Thesis
Backing ambitious Baltic founders who can build global-scale businesses. We invest in teams with proven grit and determination. Our main investment criteria is team and whether they have the grit to succeed. We provide €100-750K in pre-seed and seed capital, hands-on support, and deep networks of founders, angels, and later-stage investors.
Likely not a fit for
Not focused on non-technical founders, founders without global ambitions, or companies outside early stages.
How they invest
- Lead or follow
- Usually leads
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Decision process
- Partnership vote
Partners & team
3 contacts on file
Portfolio
BirdyChat is a live chat widget powered by Telegram, designed for solopreneurs and small businesses to engage website visitors instantly without the need for additional apps.
Gelatex Technologies is a materials technology company specialized in the high-throughput manufacturing of nanofibrous materials using proprietary halospinning technology. They provide products for 3D cell culture and tissue engineering, and services for customized solutions.
AI-Native Requirements & Traceability Platform that accelerates systems engineering and enhances traceability across various industries.
AI Consulting & Platform for Scalable, Trusted AI
Aerones is a robotics company specializing in wind turbine maintenance. Founded in 2018, it uses patented technology to make wind energy more efficient.
Crunchbase is a platform for company intelligence and investment data, providing profiles and funding information for startups to large corporations.
Tech.eu provides coverage of significant investments, acquisitions, and regulatory updates in the European tech landscape.
Printify is a print on demand platform that enables entrepreneurs to create and sell custom products without upfront investment. It offers a wide range of products and global delivery through a network of print facilities.
Veriff is a global identity verification platform that helps build trust online and verifies users from over 230 countries. It uses AI-native technology for fraud prevention.
Handhold is a platform that automates lead capture and onboarding with AI demos. It offers multilingual support and frees up sales teams' time.
BirdyChat is a professional chat app designed to separate work from personal life, interoperable with WhatsApp, and aims to enhance productivity.
Recent activity
- Apr 2026
Giraffe360
Series B · Participated
- Apr 2026
Handhold
Pre-Seed
- Mar 2026
Saltz
Series A · Participated
- Dec 2025
Algori
Seed · Lead
- Jun 2025
Origin Robotics
Seed · Lead
- Jun 2025
Handhold
Pre-Seed · Lead
- Jun 2025
BirdyChat
Pre-Seed · Lead
- May 2025
AM Craft
Pre-Seed · Lead
Change Ventures in the news
The Times
Michael Bloomberg to commit extra £400m for climate change fight
2 months ago
ArcticStartup
Latvian professional messaging startup BirdyChat raises €1.7 million seed to scale across Europe -
3 months ago
Tech.eu
Giraffe360 raises $10M Series B financing led by Cipio Partners
5 months ago
Labs of Latvia
Giraffe360 raises $10 million Series B financing
5 months ago
UKTN
Proptech platform Giraffe360 raises £7.5m
5 months ago
BeBeez International
Lithuania’s Saltz secures €20M Series A to grow food procurement platform for restaurants
5 months ago
Axios
Kast collects $80M, Advent looks to sell Ultra Maritime, and Irenic makes a PE hire
6 months ago
en.ain.ua
Latvian energytech startup ENGYcell secures €450,000 in pre-seed funding from Change Ventures and EU grant
Mar 2025
en.ain.ua
Roosh Ventures joins £4M investment in Prosper
Mar 2025
BeBeez International
Baltic startup ENGYcell lands funding to optimize commercial energy storage and trading
Mar 2025
EU-Startups
"From days to minutes": Trace.Space raises €3.8 million for requirements management platform
Feb 2025
Refresh Miami
AI-powered product engineering startup Trace.Space lands in Miami with a fresh $4M in funding
Feb 2025
The Drawdown
Profile: Aveli Nurk, Change Ventures
Jan 2025
The SaaS News
Origin Raises €4M in Pre-Seed Round
Oct 2024
en.ain.ua
Origin secures €4M in pre-seed investment to enhance autonomous defense systems
Oct 2024
EU-Startups
Riga-based Origin secures €4 million aiming to revolutionise precision weapon systems
Oct 2024
en.ain.ua
Estonian Superangel co-leads €1.25M round for OTee, a Norwegian deeptech
Feb 2024
ArcticStartup
Baltic Startup Funding Report by Change Ventures and FIRSTPICK spotlights Estonia's unicorn surge and
Feb 2024
BeBeez International
Baltic Startup Funding Report by Change Ventures and FIRSTPICK spotlights Estonia’s unicorn surge and Lithuania’s growth capital ascendance – BeBeez International
Feb 2024
unquote.com
Change Ventures aims to hold final close for EUR 20m third fund by mid-2024
Aug 2023
Sifted
9 Estonian startups to watch, according to investors
Aug 2023
Estonian World
Estonia-based, Iranian-founded startup Formaloo raises €2 million
Jul 2023
labsoflatvia.com
Investor showcase: Change Ventures – backing ambitious Baltic founders
May 2023
Labs of Latvia
Change Ventures latest fund to continue investing in Baltics
May 2023
en.ain.ua
Change Ventures secures €20M for its new pre-seed Fund III
May 2023
ArcticStartup
Change Ventures unveils third fund to empower Baltic entrepreneurs and expand their impact worldwide -
May 2023
TechCrunch
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform
Dec 2022
Sifted
Why VC firms are turning to venture partners to compete for the best deals
Nov 2022
Sifted
Carmen Rico launches Cocoa Ventures, a VC fund designed to act like an angel
May 2022
labsoflatvia.com
Capitalia Establishes a Unique Investment Fund in the Baltic States
Feb 2022
ArcticStartup
Change Ventures goes beyond the limits: the largest seed fund in the Baltic region - ArcticStartup
Feb 2022
ArcticStartup
Baltic seed fund grows to €43M - ArcticStartup
Oct 2021
Sifted
Latvia is the most “startup friendly" country in the world
Jan 2021
TechCrunch
Giraffe360, a robotic camera for real estate, raises $4.5M from LAUNCHub and Hoxton Ventures
Nov 2020
Labs of Latvia
Change Ventures Fund to become the largest seed fund investing in startups in Baltics
May 2020
labsoflatvia.com
Andris Bērziņš: Announcing Change Ventures Fund II
Nov 2019
Similar firms
Invests at very early-stage tech; distinguishes itself as a metrics-first SaaS investor (David Skok's industry-standard SaaS metrics playbooks) and operates with a modest $450M U.S. fund.
A founder-focused investor targeting culturally resonant tech and aspirational consumer companies, bridging elite venture ecosystems and historically excluded communities through mentorship and access for non-traditional talent.
Research briefRead more
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