# Top 40 CleanTech Startup Investors in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Superangel | 5 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Thorgate Ventures | 3 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech |
| Expansion Capital | 3 | Latvia, United States, Norway | Seed, Debt Financing | Manufacturing, Logistics, Transportation |
| Kristjan Raude | 3 | Estonia, United States | Seed, Pre-Seed, Equity Crowdfunding | Software, Automotive, Internet of Things |
| Contrarian Ventures | 3 | Lithuania, United Kingdom, France | Seed, Series A, Pre-Seed | Software, Renewable Energy, Energy |
| Trind Ventures | 2 | Finland, Estonia, Spain | Seed, Series A | Software, Information Technology, SaaS |
| Spring Capital | 2 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce |
| Iron Wolf Capital | 2 | Lithuania, Estonia, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS |
| Madis Müür | 2 | Estonia, United States | Seed, Equity Crowdfunding, Pre-Seed | Apps, Cycling, Security |
| Markku Jääskelainen | 2 | Estonia | Seed, Series A | Drones, Big Data, Software |
| Funderbeam | 2 | Estonia, United Kingdom | Seed, Pre-Seed, Equity Crowdfunding | Apps, FinTech, Software |
| Sunly | 2 | Estonia, France, Finland | Seed, Pre-Seed | Solar, CleanTech, Rental |
| SpeedUp Venture Capital Group | 2 | Poland, United States, Czech Republic | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence |
| Specialist VC | 2 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Black Pearls VC | 1 | Poland, United States, United Kingdom | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| Taavi Tamkivi | 1 | Estonia, Latvia, United Kingdom | Seed, Angel, Pre-Seed | Software, Financial Services, AgTech |
| Andrus Purde | 1 | Estonia, United Kingdom, Cyprus | Seed, Pre-Seed | Software, Apps, Internet |
| Yolo Investments | 1 | United States, Australia, Estonia | Seed, Series A | FinTech, Cryptocurrency, Financial Services |
| Enterprise Estonia | 1 | Estonia | Grant, Seed, Pre-Seed | Biotechnology, Software, Mobile Apps |
| Swedbank | 1 | Sweden, Finland, Latvia | Post-IPO Debt, Debt Financing | Energy, Real Estate, Banking |
| Estonian venture capital | 1 | Estonia | Pre-Seed, Series A | Energy, Software, CleanTech |
| LIFT99 | 1 | Estonia, United Kingdom, El Salvador | Pre-Seed, Seed, Series A | Software, Information Technology, Legal |
| Grid.vc | 1 | Finland, Estonia | Seed, Pre-Seed | Energy, Renewable Energy, SaaS |
| Taavi Madiberk | 1 | Estonia | Seed, Angel, Pre-Seed | Software, Information Technology, SaaS |
| Little Green Fund | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| Cats.vc | 1 | Lithuania, Italy, Spain | Seed, Pre-Seed, Series A | Financial Services, SaaS, Grocery |
| Bangladesh Angels | 1 | Bangladesh, India, Estonia | Seed, Pre-Seed, Angel | SaaS, Fashion, Supply Chain Management |
| UP Invest | 1 | Estonia | Series A | Energy, CleanTech, Automotive |
| Vestman Energia | 1 | Estonia | Pre-Seed, Seed | Water, Software, CleanTech |
| EstBAN | 1 | Estonia, Lithuania, Latvia | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing |
| Tallinn University of Technology (TalTech) | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| Martin Villig | 1 | Estonia, Spain, South Africa | Seed, Angel, Pre-Seed | Software, FinTech, Education |
| Marko Virkebau | 1 | Estonia, South Africa | Seed, Pre-Seed | Software, Energy, Mobile |
| ZGI Capital | 1 | Latvia, Estonia | Seed, Debt Financing | Manufacturing, Machinery Manufacturing, Retail |
| Ministry of Economic Affairs and Communications for Estonia | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| Pontos Group | 1 | Finland |  | Genetics, Hospital, Automotive |
| Kaamos | 1 | Estonia | Pre-Seed | Manufacturing, Battery, CleanTech |
| Prototron | 1 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| TMT Investments | 1 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media |
| AS Giga | 1 | Estonia | Seed | Energy, CleanTech, Environmental Consulting |

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