Estonia's Smartcap scores new investment advisor: 'Strong addition to our team'

17 feb. 2025
15:03
Smartcap, a subsidiary of Estonia's state-funded innovation agency, has brought in Marili Merendi as an investment advisor. The venture capitalist turned limited partner says she's excited and grateful to be focusing on climate tech and the defense sector in her new role.
Marili Merendi already has a strong reputation within the impact and VC worlds. She joins Smartcap from Ambient Sound Investments, an Estonian private equity firm which has invested in a range of impact startups including Baltic renewable energy company Nelja Energia, and Estonia's leading electric car seller and rental firm, Eleport. Merendi's investment experience also includes working with deep tech startups.
At Smartcap, a subsidiary of Estonia's state-funded innovation agency, she will contribute to the agency's fund-of-funds strategy (funds which invest in other investment funds).