Attack Capital

Enkadon Capital is an emerging global venture capital firm with a bold vision to back the next generation of deep tech and AI-driven innovation. Focused on Seed to Series A investments, we specialise in technology areas.

Eniac Ventures is an early-stage investment firm headquartered in NYC. Since our formation in 2009, we’ve been committed to backing highly technical founders who embody our values of authenticity, boldness, curiosity, and scrappiness. At Eniac, we believe that providing capital is just the beginning of the VC/founder journey and pride ourselves on the deep relationships we build with our founders.

SmartCap provides cornerstone investments for private fund managers to create a vital venture capital market in Estonia and enable ambitious and innovative Estonian companies to emerge and grow globally SmartCap is a small fund manager established in 2011 operating under an activity licence issued by the Estonian Financial Supervision Authority. SmartCap is a subsidiary of Estonian Business and Innovation Agency (after the merger of Foundation KredEx and Enterprise Estonia from January 2022). SmartCap manages two common closed-end alternative investment funds: SmartCap Venture Capital Fund and SmartCap Green Fund. Both operate as a venture capital fund-of-funds according to their strategy. The sole unitholder of both funds is the Republic of Estonia. SmartCap’s mission is to drive the development and growth of Estonian venture capital market by being a committed cornerstone investor in venture capital funds, addressing identified market gaps and investing through different economic cycles. The Management Board of SmartCap has two members: Sille Pettai and Mari Vavulski. The Supervisory Board has five members: Priit Põldoja (Chairman), Sille Kraam, Aare Järvan, Veiko Hintsov and Mikko-Jussi Suonenlahti. We work towards sustainable future and are devoted to make a conscious impact on various aspects of our society. Our core values are integrated and implemented in our business strategy, management and investment processes, day-to-day operations and interactions with our stakeholders and business partners. The core values are: Strong integrityBeing transparent, trustworthy and open partner to our stakeholders, investors, investees and business partners, as well as with the public; Acting in good faith; Engaging only in ethical, honest and fair business practices; Upholding good reputation and public image; Favouring socially responsible partners, investments and business opportunities. Environmentally-friendly practicesLimiting the impacts of climate change; Practicing responsible resource management; Reducing pollution. Social awarenessBeing mindful of equality, diversity and inclusion at all levels of the society; Caring for the well-being of our employees, the people around us and the society as a whole; Creating a supportive, safe, fair and dignified workplace. Good governanceUsing the best corporate governance, disclosure and reporting practices; Having a transparent ownership and management structure; Applying high standards to internal policies and to the compliance with regulatory requirements; Avoiding conflicts of interest, breaches of confidentiality or any other transgressions; We are a member of the Estonian Private Equity and Venture Capital Association (EstVCA) and follow its openness and transparency guidelines. SmartCap is also part of Invest Europe network – the world’s largest association of private capital providers that represents Europe’s private equity, venture capital and infrastructure investment firms, as well as their investors. Investment strategyWhy we invest? We aim to be a committed partner for private fund managers to develop Estonian venture capital market and modernise Estonian economy. Where we invest? We invest into both generalist and industry specific venture capital funds with a strong focus towards Estonian innovative early-stage research and technology-intensive enterprises with strong international growth potential. How we invest? We make cornerstone investments into venture capital funds hand-in-hand and on equal terms with private investors. Steps towards investmentSmartCap publishes a Call for Expressions of Interest. The Call offers investment solutions that are currently not available on the market or focusing on identified market deficiencies. As a cornerstone investor we lower the entry barrier to the venture capital market for private investors. Private fund manager is selected at the Call to establish a new fund. Fund manager is selected based on their investment proposal, team profile and competences. Our investment decisions are made on market terms and based on market needs. Newly established fund makes direct investments into underlying companies. The new fund will be making investment decisions independently based on the Call's objective and the fund's investment strategy. Our operating principles are:Impact: Our aim is to develop Estonian venture capital market as well as to contribute to Estonian economic growth. Profitability: Our aim is to be self-sustainable and to earn market level long-term investment income for the shareholder/state. Operation on market conform terms: Each investment is made hand-in-hand and on equal terms with a private investor or investors. Responsibility in day-to-day operations: We address and promote responsible principles in our operations. SmartCap has been awarded with Silver Level in Responsible Business Assessment Index.

We are leading the next generation of venture capitalists by seeking to continually innovate and add value that actually moves the needle. We are unafraid of trying new approaches to help our portfolio companies succeed, leveraging our proprietary technology, a proven track record, and relentless hustle to aim to deliver the kind of results we believe you won’t find anywhere else. Consider the bar raised. We aim to provide founder-first capital for innovative entrepreneurs who want to change the world. Specializing in Seed and pre-Seed B2B investments, we work with young founders who leverage information asymmetries to build core technology innovations with the power to transform industries. We promise to seek to deliver more sweat equity per dollar invested than any other investor on your cap table.

We want to invest in solutions to problems which impact a lot of people. If you are simply iterating a market, 7percent is not for you. We seek the 200x winners and pass on the less risky, less ambitious opportunities. We are looking for moonshots. We back the technologies and products that in ten years people will wonder how the world ever lived without - the breakthrough companies and technologies. What's in a name? “A good early stage growth rate is 5-7% a week. If you can hit 10% a week you’re doing exceptionally well, but if you can only manage 1%, it’s a sign you haven’t yet figured out what you’re doing“ Paul Graham - Y Combinator Why take our moneyMaybe don't. Not every entrepreneurial business should take venture funding. The venture capital journey is best for big risk, big outcome businesses. A startup is a company which is different because it is able to g Ex-founder led with Silicon Valley ambition. For >10 years we have been investing at pre-seed and seed as angel investors then VC’s. With experience operating as founders in both the U.K. and U.S. we have the confidence to back you to reach for the stars, with access to the expertise and capital via the three networks we co-founded. Read more here. Our Mantra: to help not hinder your startup. This is a guiding principle in everything we do. Because our Partners are ex-Founders themselves, this helps us empathise. We have a better understanding than many other investors, of the challenges you will experience when building a company from scratch, because we’ve done it ourselves. We have: Founded, grown and sold successful tech startups Founded tech startups and failed Taken angel or VC investment for our own startups and raised it for others Built transatlantic reach across startup ecosystems, from West and Eastern European to North America Backed >150 companies over the past 10 years, as a firm or as angels.

We invest in and support ambitious entrepreneurs to get them where they want to go, whether at early stages with sights on the US market, or at later stages looking to the potential of Europe. Frontline today is a team of 17 people with a growing portfolio of over 80 exceptional companies across Europe and North America, and an expanding, global, investor base. EXPERTS IN EXPANSION Founders see what the world misses. In fast pursuit of opportunity, you make critical decisions with little certainty. We get it, because we’ve been there. Frontline is the venture firm for globally ambitious B2B companies on both sides of the Atlantic. Frontline Seed speeds up ideas at inception across Europe. Frontline X is a growth-stage fund, for fast and frictionless US-Europe expansion. WE'VE LEARNED IT THE HARD WAY As a team of entrepreneurs, we have built many businesses, many ways. And as a venture fund, we’ve helped tens of founders and CEOs cross the pond. We’ve scaled too – with team members in Dublin, London and San Francisco. Today, our team, LPs and advisors represent senior leadership at many of the world’s most successful B2B companies (Think: Segment, Stripe, Looker, Linkedin, Airtable, Google and Workday – to name a few). Collectively, we can add value when founders need it most – at company defining moments. CAPITAL IS CHEAP Look around; the venture market is drowning in noise. Hundreds of funds and millions of blogposts – all claiming to “add value” left and right. We believe that capital is cheap, and we know that value-add is not made equal. Our focus is clear; we back challengers with global ambition, and we dedicate our time to helping them fly higher – faster. Our experience makes us knowledgeable. Our global network makes us unique. Want more detail or first-hand accounts? we are happy to introduce you to our founders. SYMBIOSIS In nature, the best things work together. We see the landscape ahead and can warn you of the risks, while you stay strong and focused on your goals. Indispensable; that’s how we see our relationship.