Stage FocusPre-Seed, Seed
GeographyEurope
TypeVC
Last Activity2025
Industry Focus
Industries
AIClimate TechBiotechSpaceDefenseEnergy TechMedtech
Technical BenchLimited
Investor TypeGeneralist
ExposureSome DeepTech Investments
Bio
Lemonade Stand, founded in 2019 by Siim Teller in Tallinn, is a €5M seed investor deploying €50K-€300K checks into B2B companies founded by Baltic and Eastern European founders. Despite its modest size, the portfolio of 48 companies includes one unicorn: Veriff (identity verification), which has grown into one of the most valuable Baltic startups. The fund invests from pre-revenue, pre-product thr...
Notable Investments
V
VeriffB
BiomatterL
LigenceD
Digital SputnikSimilar Funds
Kima Ventures
Paris, France
GeneralistAIBiotechEnergy TechPre-SeedSeed
Newfund Capital
Paris, France
GeneralistAINeurotechMedtechPre-SeedSeed
ACT Venture Partners
Amsterdam, Netherlands
DeepTech NativeAIQuantumSpacePre-SeedSeed
byFounders VC
Copenhagen, Denmark
GeneralistAIClimate TechBiotechPre-SeedSeed
Bynd Venture Capital
Lisbon, Portugal
GeneralistAISpaceEnergy TechPre-SeedSeed
HTGF (High-Tech Gründerfonds)
Bonn, Germany
DeepTech NativeAIClimate TechBiotechPre-SeedSeed