Change Ventures invests in Estonian start-up Inspectle Food

Inspectle Food, an Estonian start-up, has received an investment from various investors. The pre-seed investment round was led by Change Ventures, with Firstpick and Heartfelt also participating.

Inspectle Food creates a food safety inspection platform that makes it faster and easier to ensure compliance with the rules. According to the company, their platform helps teams to save 400 work hours per year.

Change Ventures is one of the largest venture capital funds in the Baltics specializing in early-stage investments. Change Ventures says they started investing in the Baltic states in 2017, establishing the first truly pan-Baltic seed/pre-seed fund. Since then, they have backed over 33 startups.

COBALT advised Change Ventures. Our team included Partner Kristel Raidla-Talur, Senior Associate Marten Amjärv, Patent Attorney and Specialist Counsel Liina Jents, Associate Kristiina Kraav and Assistant Lawyer Marit Raatma.