BADideas.fund

Estonia

Pre Seed

About BADideas.fund

BADideas.fund is a venture capital firm based in Estonia, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, E-Commerce, SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionEstonia

Funding StagePre Seed

Industry Focus

Ai Ml

Ecommerce

Saas

Investor Signals Profile

active

Sweet Spot

Conviction-driven founder reshaping industry category, AI-native ops, 20yr bet

AI-Native GTM

Category Creation

Conviction-Driven

Application Layer

Pre-seed & Seed

Bullish Signals

40+ backed since 2022, €200K-€1.5M checkswebsite

22 days median: first meeting to term sheetwebsite

Yes/no in 5 business days with reasoningwebsite

Dedicated GTM operators inside every companywebsite

Enterprise + SMB + PLG operators rotating sprintswebsite

Backed by HubSpot, Shopify, Dropbox, Bolt, OpenAI alumniwebsite

Distribution moat + GTM framework content librarywebsite

AI-native ops requirement filters conviction founderswebsite

Contrarian Signals

Rejects median ideas — demands true conviction gapwebsite

Won't fund foundation model layer competitorswebsite

Application-layer only thesis narrows TAM perceptionwebsite

Heavy GTM operator requirement may deter founderswebsite

Founder Do's

Lead with unique, unhearable belief first

Build category, not feature — 20yr vision

Ship AI-native ops, not AI-in-pitch only

Test real hypotheses weekly, learn in days

Engage monthly GTM operator sprints post-close

Founder Don'ts

Don't pitch borrowed, safe, or median ideas

Don't compete foundation model layer

Don't expect passive capital — need GTM sprint commitment

Key GPs & Partners

Ruslan Nazarenko

Partner / Growth Operator

GrowthGTMScale AI

Greg Volm

Partner / Enterprise Outbound Operator

Enterprise SalesZendeskScale

Danny Leonard

Partner / SMB Outbound Operator

SalesSquareFounder

Mario Araujo

Partner / PLG Operator

Product-Led GrowthOutSystems3x ARR

Suhas Ghante

Community Member / Advisor

3x FounderFundraising500 Startups

Roberts Bernans

Community Member / Advisor

ExitOpen BankingB2B

Andrius Baranauskas

Community Member / Advisor

MarketplacesShopifyScale

Simona Andrijauskaite

Community Member / Advisor

Enterprise SaaS12x GrowthOperator

Davis Siksnans

Community Member / Advisor

UnicornScaleOperator

Lauris Lietavietis

Community Member / Advisor

ExitSalesGrowth

Miranda Gottlieb

Community Member / Advisor

Marketing0→UnicornScale

Girts Graudins

Community Member / Advisor

EngineeringTech ScaleTwilio

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

View Plans Browse all Signal Profiles →

Fund Overview

Fund Size$22M

Saves0

Website

Key People

Raimonds Kulbergs

Ruslan NazarenkoPartner / Growth Operator

Greg VolmPartner / Enterprise Outbound Operator

Danny LeonardPartner / SMB Outbound Operator

Mario AraujoPartner / PLG Operator

Suhas GhanteCommunity Member / Advisor

Roberts BernansCommunity Member / Advisor

Andrius BaranauskasCommunity Member / Advisor

Simona AndrijauskaiteCommunity Member / Advisor

Davis SiksnansCommunity Member / Advisor

Lauris LietavietisCommunity Member / Advisor

Miranda GottliebCommunity Member / Advisor

Girts GraudinsCommunity Member / Advisor

Related Funds

BSV Ventures

€15M

Estonia

Pre Seed

Ai Ml

Fund Manager:Erik Bhullar, Andrius Milinavicius, Sandra Golbreich

Pre Seed

Ai Ml

Darkstar Defence Fund

€15M

Estonia

Seed

Defense, Cybersecurity, Robotics Automation

Fund Manager:Ragnar Sass, Dr. Mart Noorma

Seed

Defense

Cybersecurity

Robotics Automation

Yolo Investments Fund II

€100M

Estonia

Seed

Web3 Infrastructure, Gaming, Saas, Ai Ml

Fund Manager:Tim Heath, Julian Buhagiar, Steve Tsao

Seed

Web3 Infrastructure

Gaming

Saas

Ai Ml