Seed stage venture capital arm of Thorgate, doing up to four hands-on investments per year, mostly into scalable B2B solutions; uses technology to make the world a better place
| Company Name | Thorgate Ventures |
| Investment Thesis/Focus | Seed stage venture capital arm of Thorgate, doing up to four hands-on investments per year, mostly into scalable B2B solutions; uses technology to make the world a better place |
| Location | Estonia |
| Year Founded | 2016 |
| Team Size (investors/partners) | 2 core investment professionals mentioned (Raido Pikkar - Founding Partner, Ivar Merilo - Portfolio Manager); company reports 41-50 employees total |
| Investment Stage | Pre-Seed to Seed; up to €50K investment ticket; typically less than 2 investment rounds annually |
| Founding Partner | Raido Pikkar |
| Legal Entity Information | Not publicly disclosed on website or available sources |
| Email Contact | raido@thorgate.eu (Founding Partner), ivar@thorgate.eu (Portfolio Manager) |
| Portfolio Companies | Xolo (fitness/energy sector); co-investors: CyLon, Startup Wise Guys, Seedcamp |
| Preferred Industries/Geography | B2B, SaaS; Baltic, Nordic, and CEE regions; looking for teams with good culture, passion, rationality, and execution power |