Tera Ventures

Tera Ventures Tera Ventures, founded in 2016 in Tallinn, is investing from its €45M second fund with a third fund launched for continued expansion. The portfolio spans 46 companies including notable names like Monese (digital banking) and Cleveron (parcel robots), with seed investments averaging $2M and Series A at $3.2M. Activity has been consistent with 8 investments in 2024 and 2 through mid-2025, including Miros and a follow-on in Flowstep. Tera is one of the established institutional VCs in