Growtech

Growtech Capital is an Estonia-based early-stage venture capital firm that invests in science and technology startups across data mining, AI, blockchain, mixed reality, and biotech, while providing business management advisory services to its portfolio companies.

Company typePrivate
Founded2018
HeadquartersTallinn, Estonia
Headcount1–10
GTM typeB2B
OfferingServices

What Growtech does

Growtech, operating under the DBA Growtech Capital, is a private venture capital firm headquartered in Tallinn, Estonia, founded in 2018 with 1-10 employees. The firm invests in early-stage science and technology ventures and provides business management advisory services to its portfolio. Its stated focus areas are data mining, mixed reality, artificial intelligence, blockchain, future technologies, and biotechnology, with a stated mission to generate returns alongside positive societal impact ("great investments"). The portfolio comprises MiraCap (a real-world asset tokenization platform), Data Mining Estonia (data analytics), CryptoPlan (an IDO Launchpad for blockchain startups), and Eliksiir (an eco pharmacy that was exited to Ecosh in 2023).

Growtech monetizes as a venture investor, deriving returns from capital appreciation and exits rather than disclosed fees or product sales; the source material labels revenue mechanics as licensing/royalties, which likely reflects carried interest or follow-on participation structures. Distribution is direct, B2B-style investment into startups across primarily European markets, with global scope claimed via portfolio platforms like MiraCap. The firm runs a content-marketing-led go-to-market using its company blog and LinkedIn presence of team members, with public thought leadership on blockchain regulation and supply-chain transparency.

The team of six comprises CEO Martin Mõts, legal partners Arvo Kivar (barrister) and Rene Lauk, HR/project lead Maarika Haidak, Head of Comms & Community Mik Hansen, and Technical Advisor Kaspar Pae. There are no disclosed funding rounds for Growtech itself, no LP roster, no revenue figure, and no regulatory actions or certifications in the source material.

Growtech firmographics

Firmographics

Name: Growtech
Legal name: Growtech
Website: https://growtech.vc
Company type: Private
Founded year: 2018
Operating status: Operating
Headcount range: 1–10 employees
Short description: Growtech Capital is an Estonia-based early-stage venture capital firm that invests in science and technology startups across data mining, AI, blockchain, mixed reality, and biotech, while providing business management advisory services to its portfolio companies.
Ownership category
akta.pro rank

Growtech industry classification

Industry

Product category: Venture Capital
NAICS: All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940)
SIC: Investment Advice (6282), Investors, Nec (6799)
akta.pro primary industry: Technology & Software Growth Equity (FSANACAA)
akta.pro secondary industries: Financial Services / Fintech Growth Equity (FSANACAE), Healthcare & Life Sciences Growth Equity (FSANACAB)

Keywords

Venture capital investing
Early-stage technology investment
Startup advisory services
Blockchain investment funds
Portfolio management

Where Growtech is headquartered

Location

Headquarters

HQ city: Tallinn
HQ country: Estonia
HQ region: Europe

Offices1 record

Markets served

Growtech business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales

Revenue model

Venture Capital Investments: Growtech generates returns through venture capital investments in science and technology startups. They focus on creating additional value for society through investments in blockchain, data mining, AI, and biotech companies. Good investments generate profits while great investments create additional value for society.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Growtech product offering

Product offering

Core offering

Growtech (Growtech Capital) is an Estonia-based venture capital firm that invests capital in early-stage science and technology startups and supplements that capital with hands-on business management advisory services. Its disclosed portfolio spans blockchain tokenization (MiraCap), AI-enabled data mining services (DataMining.ee), a blockchain IDO launchpad (CryptoPlan), and an eco pharmacy (Eliksiir, exited to Ecosh in 2023). The firm targets blockchain, data mining, AI, mixed reality, and biotechnology ventures.

Product overview

Growtech is a venture capital firm that invests in technology companies across multiple focus areas including data mining, mixed reality, AI, blockchain, and biotech. Rather than offering its own product suite, Growtech operates as an investment vehicle that identifies and supports innovative companies in these technology verticals. The company manages a portfolio of startups and provides investment services, with notable portfolio companies including MiraCap (blockchain investment platform), DataMining.ee (data mining services), CryptoPlan (blockchain IDO launchpad), and Eliksiir (eco pharmacy - exited in 2023).

Differentiator

Problem solved

Functional benefit

Products and services

Early-stage venture capital investment Equity capital investment into early-stage science and technology startups, with stated focus areas including blockchain, data mining, AI, mixed reality, and biotechnology. Target customers are founders of startups and growth-stage companies seeking capital and strategic support.
Business management advisory services Hands-on advisory support to portfolio companies spanning legal, human resources, technical, and communications disciplines, provided by Growtech's in-house partners. Target customers are Growtech's portfolio companies and early-stage founders in the firm's focus sectors.

Quantifiable outcome

Walmart identified the farm and farmer of a mango sold in 2.2 seconds using blockchain technology

Companies that use Growtech

Customer profile

Segments1 record

Ideal customer profiles1 record

Growtech technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Growtech partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Growtech competitors and assessment

Company assessment

Direct peers

KR1 plc: Public blockchain investment company focused on early-stage crypto and Web3 projects across decentralised networks. Comparable to Growtech given shared blockchain investment thesis and similar check size into early token/equity rounds.
Maven 11 Capital: European blockchain- and crypto-focused investment firm that invests in early-stage token projects and Web3 companies. Highly comparable to Growtech given shared focus on blockchain tokenization (e.g., MiraCap vs Maven 11 portfolio) and similar fund stage/size.
Greenfield Capital: Berlin-based early-stage investor backing blockchain and crypto infrastructure startups. Closely comparable to Growtech in stage, geography (European/DACH-adjacent), and crypto-native focus.
Outlier Ventures: Early-stage crypto and Web3 venture firm running accelerator programs and token launches. Comparable to Growtech for its early-stage Web3 thesis and overlap with portfolio plays like CryptoPlan (IDO launchpad).
1confirmation: Crypto-native venture fund backing early-stage Web3 founders and networks. Comparable to Growtech for its early-stage crypto/blockchain thesis and similar small-fund, high-conviction profile.
Tally Capital: Early-stage crypto-native investor backing Web3 infrastructure and applications. Comparable to Growtech for its small fund, early-stage crypto focus, and overlap with MiraCap/CryptoPlan-style investments.

Broad incumbents

Speedinvest: One of Europe's largest early-stage tech VCs with multiple sector-focused funds. Comparable to Growtech as an early-stage tech investor in Europe, though at much larger scale and broader sector mandate.
Earlybird Venture Capital: Long-established European early- and growth-stage tech VC investing in software, fintech, and emerging tech. Comparable to Growtech in early-stage European tech investing, though with a much broader portfolio and institutional scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Growtech financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Growtech leadership team

Management profile

Number of profiles

Profiles6 records

Growtech funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Growtech M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Growtech

What does Growtech do?

Is Growtech a public or private company?

Growtech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Growtech founded?

Growtech was founded in 2018. It employs 1 to 10 people.

Where is Growtech based?

Growtech is headquartered in Tallinn, Estonia, in the Europe region.

How does Growtech make money?

One revenue line is on record: venture Capital Investments.

Who are Growtech's main competitors?

Direct peers on record are KR1 plc, Maven 11 Capital, Greenfield Capital, Outlier Ventures, 1confirmation and Tally Capital. Broad incumbents are Speedinvest and Earlybird Venture Capital.

Does Growtech have an API?

No public API is recorded for Growtech.

What industry is Growtech in?

Growtech's product category is Venture Capital. Its primary akta.pro industry code is FSANACAA, Technology & Software Growth Equity, with a secondary code of FSANACAE, Financial Services / Fintech Growth Equity. Its NAICS code is 52399 and its SIC code is 6282.