EstBAN celebrated a decade of angel investing in Estonia

30 October, 2022


On October 20th weeks and months of planning resulted in EstBAN10 Angel Summit during the day and Jubilee Gala in the evening. The day was to commemorate the years EstBAN has been paving the road for angels to get connected, learn and build trust. During the Summit we were fortunate to have different the experts and speakers share their insight on the stage to visitors from Estonia, Latvia, Lithuania, Finland, Denmark, UK, Turkey, Belgium etc. As EstBAN has been active for 10 years already, we were over the moon to see founding members present. Those who have been EstBAN members for 10 years, ongoing, are now the distinguished members of EstBAN Angel Tribe of the Decade. Hoping to see more members being with us for the next years to support the growth of Estonian angel community.

Expert speakers on stage

There were 30+ speakers sharing their expertise. Among many others, Alison Fort from Katapult Group explained what are the main pillars of impact investing and what exactly to follow when questioning the purpose of those companies raising funding. Axel Stellbrink gave an overview on specific methodology on assessing the value of intellectual property, how to increase it and where do the exceptions apply.
Nerijus Maciulis, the Head Economist of Swedbank Lithuania, painted the picture of the future where the current situation might be changing but the banks are still remaining cautious, not to say pessimistic.

Anna Wnuk from European Women in VC highlighted the main obstacles for the women in the venture capital world, both in the founder and funder perspectives. Estonia’s former president Toomas Hendrik Ilves and co-founder of Skype – Jaan Tallinn, joined Kristel Kruustük, the day host and co-founder of Testlio, in a panel about the possibilities and dangers of AI, the future and digital perspectives of our country and much more. Kärt Siilats from Mojo Capital, explained the ways for investors to get in on deals on future, not only angel rounds. 

Unicorns on display

Unicorn and soon-to-be unicorn panels were on stage to showcase the possibilities for the angel investors in the very early stages of startups and onwards. Carlos Paniagua(Glia), Ahti Heinla(ex-Skype) and Jevgeni Kabanov(Bolt) graced the stage and represented the €1B+ valuation companies born in Estonia, whereas Merit Valdsalu (Single.Earth), Haver Järveoja (ReadyPlayerMe), Kristjan Tiik (Efenco), Vilve Vene (Tuum) told the stories of promising up and coming unicorn companies to be. 

Evening continued with glittering gala dinner with entertainment. Gram-of-Fun and Jaak Roose on slackline kept everyone on their toes. EstBAN guests and members raised €19’800 euros for the fight of freedom in Ukraine with a charity auction to Slava Ukraini and evening ended with beats by DJ Tom Lilienthal.

The future is bright and yours

We’re extremely happy to have celebrated this day and evening with our friends and partners. Tallinn Science Park Tehnopol was named as the partner of the decade, may the years or cooperation continue! There is so much in store for the upcoming months and even next year. EstBAN team of three and the board is continuously working on bringing the deals and know-how to our members and on cohesion with the partners. Thanking our partner in crime for organising the day – Ärileht by Delfi and sponsors who made it easier – Swedbank Eesti, Walles, Inchcape Motors, Invest Estonia, EBS Executive Education, Rave Mööbel, Microsoft Eesti, Tallinna Linn, httpool by Aleph, Klaar.me and everyone else who were a part of it.

Thank you once more for being with us and looking forward to seeing everyone at pitch events, partner get togethers and all sorts of activities on the way! 

If you have any questions about EstBAN, want to raise funding or become a member, either individual or fund, drop us a line!.