Karl Järvsalu is an Investment Manager responsible for fund investments at SmartCap. SmartCap manages €100 million Green Fund, from which the company aims to make several investments into funds which focus on innovative green technology companies, as well as its own direct investments into green technology companies.

The business models of green technology companies, especially the ones with a non-software focus, are generally more time-consuming and less attractive to investors. For this reason, the state has an important role in improving the accessibility to capital and incentivizing private investors to co-invest. The Green Fund has a mission to help ambitious and innovative green technology companies to grow out of Estonia and help them compete on a global scale.