Get 250+ investors tailored to your startup

Invest in your industry and stage
Emails & contact info included
Excel and CSV export
Automatically

Trusted by 3,000+ startups

Top 50 Climate Startup Investors in Estonia in January 2025

Last updated: Jan 2025 A list of 50 angel investors and VC (Venture Capital) funds that invest in Climate startups based in Estonia. We rank investors based on the number of investments they made in Climate companies from Estonia. We update this investor list every month.

Top 50 Climate Startup Investors in Estonia in January 2025

Investor	Climate Estonia investments
Superangel	7
Lemonade Stand	6
Prototron	6
Specialist VC	6
Thorgate Ventures	5
Spring Capital	3
Change Ventures	3
Vestman Energia	3
Kristjan Raude	3
Future Ventures	2
Martin Tajur	2
Alvar Lumberg	2
Trind Ventures	2
Contrarian Ventures	2
Ragnar Sass	2
Ambient Sound Investments	2
Sunly	2
Little Green Fund	2
EstBAN	2
Iron Wolf Capital	2
Baltic Sandbox Ventures	2
Taavi Tamkivi	2
Madis Müür	2
Expansion Capital	2
Taavi Veskimägi	2
Icebreaker.vc	2
Funderbeam	2
Kair Käsper	2
Sten Tamkivi	2
Kaamos	2
Kuldar Väärsi	2
Martin Henk	2
Martin Villig	2
42CAP	2
Norrsken VC	2
Bangladesh Angels	1
Elar Nellis	1
BADideas.fund	1
Amalfi Capital	1
Opus11 VC	1
Karin Nemec	1
Enterprise Estonia	1
Yolo Investments	1
Leovegas	1
Taavi Kotka	1
ZGI Capital	1
Janis Krums	1
Jaan Tallinn	1
Martin Kõiva	1
Margus Kohava	1

Find investors that fund startups like yours. Automatically.

Our algorithm will find investors that invest in your industry, stage, and geography.

Investor list

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

Investment focus

Software, Artificial Intelligence, Information Technology
Seed, Pre-Seed, Series A
Estonia, United States, Finland

Portfolio highlights

Askel.ai — Stop wasting your team's time. Start automating. Askel.ai enables Ops teams to implement AI agents by embedding them into their own SaaS tools.
Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive scale.
Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.

Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.

Investment focus

Software, SaaS, FinTech
Seed, Pre-Seed, Angel
Estonia, India, Poland

Portfolio highlights

Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.
Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
Black Swan — Black Swan offers autonomous space robotics software solution

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

Investment focus

Software, Manufacturing, Energy
Pre-Seed, Grant, Seed
Estonia, Germany, Taiwan

Portfolio highlights

10Lines — 10Lines is developing autonomous parking lot marking robots and technological solutions to significantly increase productivity in the industry of pavement marking. Our solutions are helping striping businesses do their work much more productively with a smaller environmental footprint.
KrattWorks — We build jamming-resistant and high performance drones for front line operators.
RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

United Angels VC is an early stage venture capital fund based in Estonia.

Investment focus

Information Technology, Software, Artificial Intelligence
Seed, Pre-Seed, Funding Round
Estonia, United Kingdom, United States

Portfolio highlights

Miros — Revolutionizing ecommerce with AI-powered visual search and semantic search. Seamless, tagless, and intuitive product discovery for all shoppers.
Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
CyberUpgrade — Easily manage ICT compliance audits by tracking controls, handling ever increasing requirements, and sharing policies. Gain control over cyber security measures.

We invest both capital and our know-how into startups. Join us and let's change the world

Investment focus

Software, SaaS, Information Technology
Seed, Pre-Seed, Funding Round
Estonia, United Kingdom, Norway

Portfolio highlights

Waybiller — Bulk TMS solution for end-to-end management: Waybiller transforms your logistics operations, allowing you to handle bulk shipments with precision and speed. The Best E-waybill Software & Bulk TMS Solution
U24 Solutions — U24 Solutions is a software development studio specializing in the creation of immersive experiences through virtual reality. We make real-time, room-scale simulations, employing stunning realism and custom libraries of hyper-detailed 3D objects and environments optimized for the VR experience.
Hepta Airborne — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

Investment focus

Software, E-Commerce, SaaS
Seed, Pre-Seed, Series A
Estonia, Finland, United States

Portfolio highlights

Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

Investment focus

Software, Apps, Mobile Apps
Seed, Pre-Seed, Series A
Estonia, United States, Lithuania

Portfolio highlights

Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
Certific — Certific is a platform that enables certified remote medical testing at scale.
Origin Robotics — Origin is a defense technology company that specializes in advanced autonomous systems. It was co-founded in 2022 by UAV industry serial entrepreneurs to address the growing security threats in Europe.

Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.

Investment focus

Water, Software, CleanTech
Pre-Seed, Seed, Funding Round
Estonia

Portfolio highlights

KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.

Investment focus

Consumer Electronics, Internet of Things, Software
Seed, Pre-Seed, Equity Crowdfunding
Estonia, United States

Portfolio highlights

Askly — Add multilingual chat to any site in 2 minutes. Providing multilingual customer support is easy and affordable. Start a 30-day free trial today.
Snabb — Barking delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Barking App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App toan international platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners.
Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!

Future Ventures is a financial services platform with a focus on disruptive technology companies such as commercial space exploration, deep learning, quantum computing, robotics, AI, blockchain, sustainable transportation, synthetic biology and clean meat.As venture capitalists, the founders of Future Ventures have led founding investments inseveral companies that had successful IPOs and others that were acquired for over $16 billion in aggregate. Some of our early VC investments include Memphis Meats, Mythic, Nervana, Planet, Rethink Robotics, Skype, SpaceX, Tesla and Zoox. Current board seats include SpaceX, Tesla, and D-Wave.

Investment focus

Software, Biotechnology, Life Science
Series A, Series B, Seed
United States, China, Canada

Portfolio highlights

Gameto — Gameto is a new breed of biotechnology company in female reproductive longevity
Hephae Energy Technology — Hephae Energy Technology is an energy company that offers integrated drilling system to enable the generation of geothermal energy.
Vironexis Biotherapeutics — Vironexis will implement the cutting-edge technique of AAV-delivered T-cell immunotherapy.

Martin Tajur is the co-founder of Pipedrive.

Investment focus

Software, SaaS, Recruiting
Pre-Seed, Seed, Angel
Estonia, Poland, Ukraine

Portfolio highlights

YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
MX Labs — Allow your user to comprehensively monitor their vital signs. Check wellbeing, prevent misdiagnosis, and motivate lifestyle changes thanks to Shen.AI.
SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.

Alvar Lumberg - CTO, co-founder @ Grünfin

Investment focus

Software, Information Technology, SaaS
Seed, Pre-Seed
Estonia

Portfolio highlights

Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.
Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

Investment focus

Software, Information Technology, Marketplace
Seed, Series A, Funding Round
Estonia, Finland, Sweden

Portfolio highlights

Webel — Webel is an on demand Home Services Marketplace (cleaning, nannies, tutors...) where clients can search, book, compare, pay and review these services. Thanks to a deep analysis of the current methods for hiring these services and the competition outlook, we have created a unique and revolutionary business model that will outperform the market.
Groover — Groover is the best way to promote your music to blogs, radios, record labels, & Spotify playlisters. Get listened to, receive coverage & guaranteed feedback!
Jobilla — Reach and activate your target group with a powerful recruitment solution. Increase the amount of applications and get 7X more qualified candidates.

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

Investment focus

Software, Renewable Energy, Energy
Seed, Series A, Pre-Seed
Lithuania, United Kingdom, France

Portfolio highlights

Beebop — Beebop is a software designed for power grid orchestration. Beebop's orchestration middleware enables utilities, grid operators, manufacturers, and VPP technology leaders to manage residential asset fleets, enhancing value delivery to end-customers.
altrove AI — Altrove - Sustainable Alternatives to Critical Materials
Decade Energy — Decade Energy is the energy infrastructure and optimization partner for transport operators and depot managers who want to electrify their fleets.

Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.

Investment focus

Information Technology, Software, SaaS
Seed, Pre-Seed, Funding Round
Estonia, United States, Ukraine

Portfolio highlights

Alvin — Highly accurate, automated column-level lineage, powering your data workflows.
BeTRITON — 100% electric recreational vehicle - revolution in sustainable travel. BeTRITON (formerly known as Z-Triton) offers extraordinary experience and freedom to travel both over land and water.
Around — The largest network of workspaces on flexible terms. We are a savvy team from Latin America providing fast-growing companies with on-demand access to flexible office space. Everywhere.We believe work at its best is always creative and collaborative, expressed with freedom, autonomy, and purpose; and the space surrounding us should help us achieveit, anywhere & everywhere.We are shaping the future of work today by improving workspaces and the rules around them, and helping innovative teams find their ideal space to make their best work every day — our first step on a journey to change the way we work and think about work.Our best work. Anywhere. Everywhere. We are Around.

Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.

Investment focus

Internet, Software, E-Commerce
Seed, Series A, Funding Round
Estonia, United States, United Kingdom

Portfolio highlights

Cgates — Cgates is largest independent pay TV and internet service provider. It provides digital and interactive television, fibre-optic broadband internet and fixed telephony to subscribers across the country. The company was founded in 1991 and has developed into a leading telecom operator via numerous acquisitions and organic growth. Investor consortiumled by Livonia Partners acquired a significant minority stake in September 2017 to support growth of the company and further network and technology upgrades.
Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
Ampler Bikes — Smart, durable and light e-bikes that look like classic bicycles. Select your Ampler e-bike online today and start your journey.

Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup.Sunly Infra is developing a full range of renewable energy projects, employing the knowledge of anaccomplished team of experts to develop, construct and operate renewable energy power plants. In the Baltics, Sunly is exclusively developing and interested in solar power plants until 2020.

Investment focus

Solar, CleanTech, Rental
Seed, Pre-Seed, Funding Round
Estonia, France, Finland

Portfolio highlights

Themo — Themo's innovation is an algorithm that optimizes the price of exchange electricity and the consumption of electricity. Themo offers an easy and environmentally friendly way to save on electricity consumed by heating.
Vok Bikes — E-cargo bicycles perfect for last-mile deliveries and business use cases in the city. Vok Bikes develops and produces electric cargo bikes in Europe.
UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.

Little Green Fund invests in companies that are good for the Earth, with teams that can get big things done.

Investment focus

CleanTech, GreenTech, Manufacturing
Pre-Seed
Estonia

Portfolio highlights

Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.
UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

Investment focus

Software, Information Technology, Manufacturing
Seed, Pre-Seed, Angel
Estonia, Latvia, Lithuania

Portfolio highlights

Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.
RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
DriveX Technologies — Boost your windshield damage assessment accuracy with an AI inspection tool that provides instant repairability decisions.

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.

Investment focus

Software, Infrastructure, Manufacturing
Seed, Pre-Seed, Series A
Lithuania, Estonia, United Kingdom

Portfolio highlights

PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
RedTrack.io — RedTrack.io offers real-time access to your media buying KPIs/data: ad tracking, impressions, clicks, conversions across multiple channels & 30 data points.
Kingdom Technologies — We build robotic lawn mowers for large terrains.

Baltic Sandbox Ventures is an early-stage VC dedicated to developing the Deep Tech and Life Science ecosystem in the Baltic region. Our focus is on early-stage individuals and teams that are engaged in research and development and are seeking to address complex technical challenges with significant potential for commercial applications.

Investment focus

Software, Drones, Infrastructure
Pre-Seed, Funding Round, Convertible Note
Lithuania, Estonia, Luxembourg

Portfolio highlights

Airvolve — Airvolve operates as an aerospace startup.
Freya Cultivation Systems — Discover Freya Cultivation Systems' innovative Aeroframe irrigation system that doubles greenhouse productivity and enhances profitability.
Black Swan — Black Swan offers autonomous space robotics software solution

Taavi Tamkivi was Helping in Banks & FinTechs fight FinCrime. also a Founder & CEO at Salv .

Investment focus

Financial Services, Software, AgTech
Seed, Angel, Pre-Seed
Estonia, Latvia, United Kingdom

Portfolio highlights

GIG-A — Open a bank account in Japan from your mobile. Receive salary, manage everyday spending, or transfer money with ease.
Introwise — Introwise makes it easy for everyday experts to offer coaching and advice online.
Lightyear — Investing with an edge. Lightyear is a simple and approachable way to invest in stocks and ETFs without unnecessary barriers and fees.

Madis Müür

Investment focus

Apps, Smart Building, Marketing Automation
Seed, Equity Crowdfunding, Pre-Seed
Estonia, United States

Portfolio highlights

Bikeep — Manufacturer of high quality commercial bike racks & bike parking systems. We also provide e-scooter stations, bike shelters, bike sheds & bicycle lockers.
Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
FleetFox — UpSteam is building the future of car care via disrupting both the user experience, and the business side of car the car care industry. With UpSteam you can get a car wash delivered to your doorstep. It works pretty much like ordering a food delivery from Bolt/Uber. While you’re having a business meeting, our operator cleans your carinside-and-out, right at your parking spot. Also, we’re helping our business users save time on fleet management via offering various car care services such as refueling trips, damage control, car relocating, etc.As of August 2021, we've serviced more than 40K cars in 3 countries. UpSteam is combining the key-strengths of its traditional competitors, as users get the comfort of a self-service wash, the quality of a stationary hand wash, at the price-point of an automatic car wash. UpSteam was founded in 2017 and is headquartered in Tallinn, Estonia.

Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.

Investment focus

Drones, Big Data, Software
Seed, Series A, Funding Round
Latvia, Estonia

Portfolio highlights

FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
Hepta Airborne — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!

Taavi Veskimägi is a former member of the Estonian Parliament(2003-2009) and Minister of Finance from 2003 to 2005.

Investment focus

Water, Battery, Recycling
Funding Round
Estonia

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

Investment focus

Software, Information Technology, Artificial Intelligence
Pre-Seed, Seed, Series A
Finland, Sweden, Estonia

Portfolio highlights

Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
Tab — Tab is the API-first company that enables smart receipts to arrive straight to your mobile bank app, all linked to your payment card. We help merchants deliver a seamless checkout experience and to unlock new avenues for post-sale engagement, banks to offer better user experiences & reducing customer support costs and consumers can wave goodbyeto lost receipts, tedious expense reporting processes and a more engaging banking experience.

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

Investment focus

Apps, FinTech, Software
Seed, Pre-Seed, Equity Crowdfunding
Estonia, United Kingdom

Portfolio highlights

Pynk — Pynk is the Multi-Award Winning London Fintech that rewards you for making predictions on assets like Gold, NASDAQ and Bitcoin. Free sign up, start today!
FleetFox — UpSteam is building the future of car care via disrupting both the user experience, and the business side of car the car care industry. With UpSteam you can get a car wash delivered to your doorstep. It works pretty much like ordering a food delivery from Bolt/Uber. While you’re having a business meeting, our operator cleans your carinside-and-out, right at your parking spot. Also, we’re helping our business users save time on fleet management via offering various car care services such as refueling trips, damage control, car relocating, etc.As of August 2021, we've serviced more than 40K cars in 3 countries. UpSteam is combining the key-strengths of its traditional competitors, as users get the comfort of a self-service wash, the quality of a stationary hand wash, at the price-point of an automatic car wash. UpSteam was founded in 2017 and is headquartered in Tallinn, Estonia.

Kair Kasper is the Co-Founder and CRO at Klaus.

Investment focus

SaaS, Software, Recruiting
Seed, Angel, Pre-Seed
Estonia, Lithuania, United States

Portfolio highlights

Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.
Montonio — 10x lower fees and the most customer-friendly financing solution.
Frontu (formerly Tasker) — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!

Sten Tamkivi is the Chief Product Officer at Topia (formerly MOVE Guides). He was previously co-founder and CEO of Teleport (acquired by Topia), the place to scout for startup people. He co-founded the company as an EIR at Andreessen Horowitz.Sten has been a tech entrepreneur since 1996. After founding a few companies in Estonia, he joined Skypeas an early executive, ran the original R&D office, and held several global product leadership roles for 8+ years.He has an MS in Management from Stanford GSB.

Investment focus

Software, Financial Services, Artificial Intelligence
Seed, Pre-Seed, Series A
Estonia, United States, The Netherlands

Portfolio highlights

Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
Entrepreneur First — We are the best place for the world's most ambitious talent to come together and build game-changing technology startups from scratch.

Kaamos is an investment management firm that invests in the construction, real estate, energy sector, and wood industry.

Investment focus

Manufacturing, Battery, CleanTech
Pre-Seed, Funding Round
Estonia

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

Investment focus

Water, Battery, Recycling
Funding Round
Estonia

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.

Martin Henk is the Co-founder of Pipedrive.

Investment focus

Software, SaaS, Information Technology
Pre-Seed, Seed, Angel
Estonia, United States, United Kingdom

Portfolio highlights

Baserow — Self hosted open source no-code database and Airtable alternative. Baserow gives you the powers of a developer without leaving your browser.
Breyta — Unify your customer and user data to get actionable insights throughout your customer lifecycle.
SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.

Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school. Read more from http://martinvillig.com

Investment focus

Software, Information Technology, Education
Seed, Angel, Pre-Seed
Estonia, Spain, South Africa

Portfolio highlights

Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-own car service for private clients.
Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!

We are peers amongst entrepreneurs helping the brave to build game-changing companies, just like we have done ourselves.

Investment focus

Software, SaaS, Artificial Intelligence
Seed, Series A, Series B
Germany, France, Sweden

Portfolio highlights

Codesphere — Codesphere is your Zeroconfig Cloud. No config - just code and run web apps from your browser. Team work on distributed full stack Typescript, and benefit from our automatic deployments, scaling, tests, and security / privacy audits. We optimize each and every detail to keep things simple for you. Codesphere is next level programming.
cognee inc — cognee helps you create a GraphRAG and supports Vector Stores, Graph stores, and various LLM providers
simplyblock — High-performance storage software designed for databases with low latency, high scalability and high IOPS. NVMe-optimized. Alternative SAN or EBS. Scalable Block Storage software. Simplyblock | Simply Block | Simplyblock Block Storage

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

Investment focus

Software, Health Care, Food and Beverage
Seed, Series A, Funding Round
Sweden, United Kingdom, Germany

Portfolio highlights

1Komma5° — KOMMA5 ° offers all owners of electric vehicles free electricity, which we refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages to lead a self-determined and CO2-neutral life.
juna.ai — AI Agents to Run Your Factory
Predium — Predium is the software platform for real estate owners to measure, manage and communicate their ESG performance.

Bangladesh Angels operates as an angel investing platform. Its mission to nurture innovation and entrepreneurship in Bangladesh, connecting them to both local and global investors. Bangladesh Angels was founded in 2018 and is headquartered in Dhaka, Bangladesh.

Investment focus

Supply Chain Management, Fashion, SaaS
Seed, Pre-Seed, Angel
Bangladesh, India, Estonia

Portfolio highlights

Airwrk — AI recruiting sidekick for founders: post permanent or contractual jobs with AI assessments, interview offshore/nearshore remote developers in 24 hours.
Shuttle — Shuttle is a mass-transit startup based in Bangladesh that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers.
Reverse Resources — The smartest way to deal with leftovers from fashion production

Elar is a full-stack engineer with 12+ years of experience. He has worked for different start-ups during his whole professional career and wouldn't change start-up life for anything. Elar was also the first employee of Estonian flagship startup Pipedrive. If he's not working then he's probably playing piano, writing music or hikingin the endless forests of Estonia.

Investment focus

Software, CAD, SaaS
Seed, Angel, Pre-Seed
Latvia, Estonia, United States

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Corner Renovation — Volume Hiring AI Automator

We are comfortable being the first money in the round. Here is how we help founders, what we look for when investing and how to apply:

Investment focus

Software, Information Technology, FinTech
Pre-Seed, Seed
Estonia, Latvia, Ukraine

Portfolio highlights

Tingit — Tiings is a zero-effort fashion repairs marketplace for busy people & brands.
AM Craft — AM Craft designs, manufactures, and delivers 3D-printed, small-batch airplane interior components.
Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.

International Technology Investment Fund

Investment focus

Beauty, Health Care, Location Based Services
Seed, Funding Round, Series A
Estonia, Finland, Ireland

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
Wirepas — Wireless mesh connectivity for industrial IoT. Proven, ultra-reliable and scalable. Lowest total cost of ownership. The best mesh for IoT.
X-BOLT Orthapaedics — X-Bolt Trauma Solutions for osteoporotic bone fixation. FDA 510(k) approved. Clinical studies include the WHITE One (n=100) and WHITE Four (n=1,140) randomized control trials.

Opus11 VC is an Investment firm.

Investment focus

Battery, Electronics, Manufacturing
Seed, Pre-Seed
Estonia

Portfolio highlights

VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
Mifundo — Mifundo is the bridge between banks and people. Regardless of their location. Look now and open an account!

Karin Nemec is the Founder and CEO.Karin Nemec attended IESE Business School.

Investment focus

FinTech, GreenTech, Health Care
Seed
Estonia

Portfolio highlights

Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.

Enterprise Estonia (EAS), established in 2000, promotes business and regional development in Estonia. Enterprise Estonia is one of the largest institutions within the national support system for entrepreneurship, providing financial assistance, advisory, cooperation opportunities and training for entrepreneurs, research establishments, public andthird sector.

Investment focus

Mobile Apps, CleanTech, Manufacturing
Grant, Seed, Pre-Seed
Estonia

Portfolio highlights

ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
MYCEEN — We grow carbon-negative materials combining mushroom mycelium and industrial byproducts.
Vok Bikes — E-cargo bicycles perfect for last-mile deliveries and business use cases in the city. Vok Bikes develops and produces electric cargo bikes in Europe.

Yolo Investments is a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech. Based in Estonia, Yolo’s mission is to invest in outstanding people with bright ideas, who are focused on innovating and disrupting the norm in all manner of tech startups. Founded in 2017 by Tim Heath as Vereeni Investments,Yolo has created a thriving ecosystem with ventures across a variety of industries, including fintech, gambling, media, software development, crypto and blockchain-related companies.

Investment focus

Information Technology, Cryptocurrency, Internet
Seed, Series A, Funding Round
Estonia, United States, Canada

Portfolio highlights

BETEGY — BETEGY is a sports data technology company which provides football predictions and betting tips by using a self-learning algorithm based on statistical data.BETEGY also provides predictions to business clients via API for enriching their digital content and user engagement.The team behind BETEGY believes that data-driven decisions beatsubjective opinions. That is why they invented the algorithm which is powered by all relevant statistical data. As a result BETEGY helps to bet wiser.
Fanton — The first P2E Fantasy Football game with Telegram integration
Balthazar NFT Gaming — Own Your Game! We envision a future where gaming is powered by the players, not held captive by centralised systems.

LeoVegas is the premier GameTech company and is at the forefront of using state-of-the-art technology for mobile gaming. We are the King of Casino.

Investment focus

Gaming, SaaS, Gambling
Seed, Pre-Seed, Funding Round
Sweden, Estonia, United Kingdom

Portfolio highlights

humbl.ai — humbl.ai offers a modular suite of tools that use Automation and AI to empower iGaming and E-commerce clients in the areas of paid media, affiliation, SEO, and compliance.
Like a Boss Games — Like a Boss is a mobile games studio consisting of an awesome team with decades of experience from the worlds most successful gaming companies. The company is on a clear mission to entertain millions of sports fans with innovative social games for smart phones & tablets.
BeyondPlay — Home to the best multiplayer real money gaming experience, we are on a mission to redefine how people play.

Taavi Kotka, currently the Estonian Government CIO, has a strong background working in private sector. He started his career as a programmer, rapidly rising to be a Managing Director of the most successful software development company in the region – Nortal, former Webmedia. He is a founder of many innovative start-up companies likezeroturnaround.com, plumbr.eu etc. He has a Master of Science in Engineering from Tallinn University of Technology. Also, Taavi Kotka has many honors: he is the European CIO of the Year 2014 (by ICT Spring), he was the president of the Estonian Association of Information Technology and Telecommunications (ITL) and he was elected as an Entrepreneur of the year in 2011 (by Ernst&Young). Taavi is a board member in many ICT initiatives in Estonia and has been the brainpower behind many Estonian e-government innovative initiatives like e-residency, data embassy, no-legacy policy etc.

Investment focus

Electronics, Battery, FinTech
Pre-Seed, Seed, Angel
Estonia

Portfolio highlights

Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
Introwise — Introwise makes it easy for everyday experts to offer coaching and advice online.

ZGI Capital is the fund management company that manages "ZGI fund”, that was founded to support entrepreneurs lacking start-up capital for their business. The total amount of assets available for venture capital investments is of EUR 7.4M. Combined with bank financing, this will allow to finance investment projects with total assets of up toEUR 30M. The fund acts on behalf of various investors including the State.

Investment focus

Manufacturing, Machinery Manufacturing, Consulting
Funding Round, Seed, Debt Financing
Latvia, Estonia

Portfolio highlights

eAgronom — eAgronom helps farmers generate additional revenue streams, improve soil quality, and access better financing.
KOOL Latvija — "KOOL Latvija" is a new concept gas station created in Latvia, which at the same time is also a convenient fast shopping place.
Bioreactors.net — Biotechnical center is an innovative company and we provide solutions for industrial biotechnology processes, bioreactor manufacturing and industrial automation. We manufacture bioreactors for laboratory, pilot and industrial scale.

Janis Krums is a Venture Partner at change ventures.

Investment focus

Big Data, Financial Services, SaaS
Seed, Pre-Seed, Angel
United States, Estonia, United Kingdom

Portfolio highlights

KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
PayQin — Vous allez aimer payer en ligne
Detail — Record and edit faster with Detail for iOS and macOS. The simplicity of a camera app combined with the power of a video app. Download for free on the App Store.

Jaan Tallinn is the Co-founder of Future of Life Institute.

Investment focus

Software, Artificial Intelligence, Internet
Seed, Series A, Funding Round
United States, Estonia, United Kingdom

Portfolio highlights

Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
Anthropic — An AI safety and research company that's working to build reliable, interpretable, and steerable AI systems.
TENYX — Tenyx is developing the next generation of voice-based intelligent systems based on proprietary neuroscience-inspired AI technology

Martin Kõiva is the Co-Founder and CEO at Klaus.

Investment focus

SaaS, Software, Employment
Pre-Seed
United States

Portfolio highlights

Corner Renovation — Volume Hiring AI Automator
Esgrid — Manage your value chain ESG data on autopilot, and save hundreds of working hours on legal analysis, ESG data collection and creating improvement guidelines. Become CSRD compliant with Esgrid.

Margus Kohava is the head of the Estonian Forest and Wood Industries Association.

Investment focus

Natural Resources, Environmental Consulting
Seed
Estonia

Portfolio highlights

One mtn — 1MTN is bridging Africa and carbon markets to combat climate change through carbon removal projects and planting bamboo. Purchase carbon credits or learn about our partnership-oriented funding model for landowners. #actnow #carbonremoval #plantingbamboo

Investors by industry