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Siena Secondary Fund launches Fund II with its first investment into the Estonian B2B SaaS startup Katana

14 January 2025

Siena Secondary Fund, which focuses on VC direct secondary investments into high-growth late-stage startups by providing liquidity to early investors, (ex-)employees, and founders, launched its fund II and made its first deal by acquiring a stake in Katana.

Printful and Printify announce merger for accelerated growth in the global market

05 November 2024

Printful and Printify, two pioneering technology platforms that enable a wide variety of customers to build eCommerce businesses utilizing the power and efficiency of production-on-demand, have today announced that they will merge. Printify is the portfolio company of EstVCA members Siena Secondary Fund and Change Ventures.

Siena Secondary Fund acquired a stake in leading energy storage company Skeleton Technologies

28 November 2023

Skeleton has attracted over the history more than 200m EUR capital from Siemens, Marubeni, European Investment Bank, Taavet+Sten and several corporate investors and is considered to be one of the candidates for the next Estonian unicorn.

Siena Secondary Fund continues to back Estonian mobility unicorn Bolt

18 October 2023

Siena Secondary Fund, an investment fund founded in early 2021, which focuses on secondary market transactions in high-growth late-stage startups by providing liquidity to early investors, (ex-)employees and founders, made a follow-on investment in Estonian mobility unicorn Bolt.

Siena Secondary Fund acquired a stake in Finnish scaleup Oura Ring

Siena Secondary Fund, which focuses on secondary market transactions in high-growth late-stage startups by providing liquidity to early investors, (ex-)employees and founders, made its first deal in Finland by acquiring a stake in Oura Ring - the world's leading sleep-tracking healthtech company.

Siena Secondary Fund acquired a stake in Polish scaleup Booksy

Siena Secondary Fund, an investment fund founded in early 2021, which focuses on secondary market transactions in high-growth late-stage startups by providing liquidity to early investors, (ex-)employees and founders, made its first deal in Poland, acquiring a stake in Booksy - world's leading beauty services marketplace powered by a category-specific mobile SaaS platform for beauty providers.

Isomer Capital joins as its first institutional investor in Siena Secondary Fund

08 November 2022

Siena Secondary Fund, an Estonia-based fund focused solely on VC direct secondaries announces that Isomer Capital, a leading pan-European fund of funds, has become the first institutional investor. Siena purchases existing shares in high-growth later-stage startups from the “New Nordics” region, providing liquidity to early investors, (ex-)employees, and Founders.

TopTech 2022: Estonia's most valuable technology company is Bolt with a 7.4 billion euro valuation

19 October 2022

This year’s TopTech ranking of Estonia's most valuable tech companies was won by Bolt which is valued at 7.4 billion euros. Wise (EUR 5.8 billion) came second and third was Veriff (EUR 1.3 billion). The ranking was compiled by Prudentia Tallinn, adviser of M&A transactions, and Siena Secondary Fund that specialises in VC secondary transactions.

Siena Secondary Fund acquired a stake in Latvian soonicorn Printify

Printify is an e-commerce marketplace that offers print-on-demand service for various companies and creators around the world.

Siena Secondary Fund acquires a stake in TransferGo

17 February 2022

TransferGo, one of the world’s fastest-growing money transfer companies, has announced the sale of secondary shares, valued at €6million. EstVCA member Siena Secondary Fund also participates as one of the investors.

Siena Secondary Fund acquires a stake in Kry, Europe's leading e-health start-up 09 February 2022

Siena Secondary Fund acquires a stake in Starship Technologies 22 November 2021

Siena Secondary Fund acquired a stake in Testlio 26 October 2021

EstVCA welcomes Siena Secondary Fund as a new member 08 September 2021