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Top 40 Energy Angel Investors in Estonia (August 2026)

The most active angel investors investing in Estonia Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Energy startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Kuldar Väärsi
Angel
3 Estonia Seed, Pre-Seed Manufacturing, Water, Battery
Kristjan Raude
Angel
3 Estonia, United States Equity Crowdfunding, Seed, Pre-Seed Software, Automotive, Internet of Things $71k–$2.7M
Madis Müür
Angel
2 Estonia, United States Equity Crowdfunding, Seed, Pre-Seed Apps, Cycling, Security $71k–$1.4M
Markku Jääskelainen
Angel
2 Estonia Seed, Series A Drones, Big Data, Software
Alvar Lumberg
Angel
2 Estonia Seed, Pre-Seed, Angel Software, Information Technology, FinTech $321k–$2.4M
Ragnar Sass
Angel
2 Estonia, Ukraine, United States Seed, Pre-Seed, Angel Information Technology, Software, Marketplace $191k–$5.9M
Sten Tamkivi
Angel
2 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, Manufacturing $120k–$35M
Andrus Purde
Angel
2 Estonia, United Kingdom, Cyprus Seed, Pre-Seed Software, SaaS, Apps $100k–$2.7M
Kair Käsper
Angel
2 Estonia, United States, Lithuania Pre-Seed, Seed, Angel Software, SaaS, AgTech $450k–$3M
Martin Villig
Angel
2 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, FinTech, Education $111k–$6M
Taavi Veskimägi
Angel
2 Estonia Seed Water, Battery, Software $800k–$1.7M
Elar Nellis
Angel
1 Latvia, Estonia, United States Seed, Angel, Pre-Seed CAD, Battery, Consumer
Kairi Pauskar
Angel
1 Estonia, United States Series A, Pre-Seed Software, Manufacturing, Fashion $11M–$45M
Priit Piilmann
Angel
1 Estonia Series A Solar, Manufacturing, Building Material
Margus Kohava
Angel
1 Estonia Seed Natural Resources, Environmental Consulting
Triin Hertmann
Angel
1 Estonia Seed, Pre-Seed E-Commerce, FinTech, Software $127k–$3M
Janer Gorohhov
Angel
1 Estonia Seed, Pre-Seed Software, Waste Management, Packaging Services $2.8M–$3.5M
Justin Jenk
Angel
1 Estonia Seed Battery, Electronics, Manufacturing
Taavi Madiberk
Angel
1 Estonia Seed, Angel, Pre-Seed Software, Information Technology, SaaS $636k–$1.1M
Taavi Kotka
Angel
1 Estonia Pre-Seed, Seed, Angel Electronics, Battery, FinTech $337k–$4.4M
Janis Krums
Angel
1 United States, Estonia, United Kingdom Seed, Pre-Seed, Angel SaaS, Big Data, Software $159k–$2.1M
Bryan Meehan
Angel
1 United States, United Kingdom, Estonia Seed, Angel, Series A Sustainability, Packaging Services, Farming $500k–$60M
Alejandro Jimenez
Angel
1 Estonia Angel Waste Management, Packaging Services
Zem Joaquin
Angel
1 Estonia Seed Waste Management, Packaging Services
Priit Viru
Angel
1 Estonia, United States Pre-Seed Music, Events, Sports $300k–$2.3M
Karin Nemec
Angel
1 Estonia Seed FinTech, GreenTech, Health Care
Toomas Kõuhkna
Angel
1 Estonia Seed Battery, Electronics, Manufacturing
Asse Sauga
Angel
1 Estonia Seed, Pre-Seed Blockchain, E-Commerce, Precious Metals
Kristina Lilleõis
Angel
1 Estonia Seed Waste Management, Packaging Services
Gerd Kanter
Angel
1 Estonia Seed Blockchain, E-Commerce, Precious Metals
Artis Kehris
Angel
1 Estonia, Latvia, Australia Seed, Angel, Pre-Seed Information Technology, Software, Information Services $1.9M–$3M
Kersti Kaljulaid
Angel
1 Estonia, Isle of Man Seed Gaming, Battery, Software
Taavet Hinrikus
Angel
1 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1.6M–$58M
Marko Virkebau
Angel
1 Estonia, South Africa Seed, Pre-Seed Software, Energy, Mobile $636k–$2.4M
Andres Kull
Angel
1 Estonia Seed, Series A AgTech, Farming, Software $531k–$1.1M
Kaarel Kotkas
Angel
1 Estonia, Hungary, United Kingdom Seed, Series A, Series B Software, Gaming, E-Commerce $545k–$94M
Martin Kõiva
Angel
1 United States, Estonia Pre-Seed, Seed Software, Audio, Video $450k–$1.3M
Andrius Slimas
Angel
1 Spain, Estonia, Australia Seed Information Technology, Art, CRM $564k–$2.3M
Taavi Tamkivi
Angel
1 Estonia, Latvia, Japan Seed, Pre-Seed, Angel Financial Services, Software, AgTech $111k–$8.4M
Martin Tajur
Angel
1 Estonia, Poland, Ukraine Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $136k–$2.7M
Access all 41 angel investors in Estonia Energy startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Kuldar Väärsi
Angel · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Energy startups

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

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Investment focus

  • Industry: Manufacturing, Water, Battery
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

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.
  • GaltTec — GaltTec focuses on developing and marketing microtubular solid oxide fuel cells. GaltTec specializes in drones, off-grid equipment, IoT, portable devices, and space equipment. GaltTec was founded in 2022 and was headquartered in Tartu, Estonia.
  • Vegvisir — Revolutionising battlefield capabilities with XR technologies. Situational awareness & enchanced decision making for manned vehicles, remote platforms and command stations.
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Kristjan Raude
Angel · 3 investments in Estonia Energy startups

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.

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Investment focus

  • Industry: Software, Automotive, Internet of Things
  • Stage:Equity Crowdfunding, Seed, Pre-Seed
  • Geography: Estonia, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $491k–$1.3M; Pre-Seed $71k–$549k; Equity Crowdfunding $168k–$2.7M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Bikeep — Smart bike and e-scooter stations with app access, fire-safe e-charging, and real-time monitoring from anywhere. 10,000+ devices across 30+ countries.
  • Snabb — Snabb delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Snabb 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 to aninternational 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. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.
  • Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
Show all investments...

Madis Müür
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Energy startups

Madis Müür

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Investment focus

  • Industry: Apps, Cycling, Security
  • Stage:Equity Crowdfunding, Seed, Pre-Seed
  • Geography: Estonia, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $549k–$1.3M; Pre-Seed $71k–$549k; Equity Crowdfunding $100k–$1.4M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Bikeep — Smart bike and e-scooter stations with app access, fire-safe e-charging, and real-time monitoring from anywhere. 10,000+ devices across 30+ countries.
  • Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
  • FleetFox — Full-stack fleet care service. Hands-on fleet services powered by technology for car-sharing and business fleets across Europe.
Show all investments...

Markku Jääskelainen
Angel · Miami, Florida, United States · 2 investments in Estonia Energy startups

Markku Jääskelainen.

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Investment focus

  • Industry: Drones, Big Data, Software
  • Stage:Seed, Series A
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hepta Insights — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!
Show all investments...

Alvar Lumberg
Angel · 2 investments in Estonia Energy startups

Alvar Lumberg

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 12
  • Round size: Seed $545k–$2.4M; Pre-Seed $321k–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
  • ScamGuardian.AI — ScamGuardian develops AI-powered victim simulations to capture actionable scam intelligence
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Ragnar Sass
Angel · 2 investments in Estonia Energy startups

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.

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Investment focus

  • Industry: Information Technology, Software, Marketplace
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Ukraine, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $677k–$5.9M; Pre-Seed $191k–$2M
  • Lead/follow: 12% lead, 88% follow

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.
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Sten Tamkivi
Angel · San Francisco, California, United States · 2 investments in Estonia Energy startups

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.

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Investment focus

  • Industry: Software, Financial Services, Manufacturing
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 49
  • Round size: Seed $540k–$20M; Pre-Seed $120k–$2.2M; Series A $7.4M–$35M
  • Lead/follow: 33% lead, 67% follow

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.
  • Entrepreneurs First — We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.
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Andrus Purde
Angel · 2 investments in Estonia Energy startups

Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.

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Investment focus

  • Industry: Software, SaaS, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, Cyprus

Investor stats

  • Total investments: 11
  • Round size: Seed $100k–$2.7M; Pre-Seed $830k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Avrio — Capture and share data analysis, user research, and learnings directly in context, with your team.
  • SegmentStream — At SegmentStream we partner with growth leaders to drive more revenue from paid media through full-funnel attribution, incrementality measurement and automated cross-channel budget allocation powered by predictive AI.
  • Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
Show all investments...

Kair Käsper
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Energy startups

Kair Käsper

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Investment focus

  • Industry: Software, SaaS, AgTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, United States, Lithuania

Investor stats

  • Total investments: 6
  • Round size: Seed $646k–$3M; Pre-Seed $450k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lutso — Empowering older adults to live independently, safely, and with dignity. Lutso is the smarter way to support aging at home.
  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Frontu — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
Show all investments...

Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Energy startups

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

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Investment focus

  • Industry: Software, FinTech, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Spain, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $500k–$6M; Angel $111k–$637k; Pre-Seed $303k–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy 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!
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Taavi Veskimägi
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Energy startups

CEO of Sentris Capital defence/resilience investment firm; Founder and Chairman of the Estonian Defence & Aerospace Industry Association; Partner at 2°C Ventures Venture Capital firm; Served 14 years as CEO of of Estonian National Electricity&Gas system operator Elering AS; Former Minister of Finance and Vice Chairman of EstonianParliament; Long term civil servant of the Estonian MoF;

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Investment focus

  • Industry: Water, Battery, Software
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 4
  • Round size: Seed $800k–$1.7M
  • Lead/follow: 50% lead, 50% follow

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.
  • Wayren — Wayren offers a communication platform that is resilient to bandwidth limitations and communication disruptions, enabling digitalization and vertical integration of assets across all domains.
  • 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.
Show all investments...

Elar Nellis
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

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.

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Investment focus

  • Industry: CAD, Battery, Consumer
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Latvia, Estonia, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

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
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Kairi Pauskar
Angel · 1 investments in Estonia Energy startups

Kairi Pauskar

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Investment focus

  • Industry: Software, Manufacturing, Fashion
  • Stage:Series A, Pre-Seed
  • Geography: Estonia, United States

Investor stats

  • Total investments: 3
  • Round size: Series A $11M–$45M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
Show all investments...

Priit Piilmann
Angel · 1 investments in Estonia Energy startups

Priit Piilmann

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Investment focus

  • Industry: Solar, Manufacturing, Building Material
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Roofit.solar — Our award-winning integrated solar roof combines Nordic design with premium materials and highly efficient solar technology.
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Margus Kohava
Angel · 1 investments in Estonia Energy startups

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

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Investment focus

  • Industry: Natural Resources, Environmental Consulting
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

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
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Triin Hertmann
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

Triin Hertmann is based out of Tallinn, Harjumaa, and is the President of Estonian Founders Society. Triin previously worked at Ekspress Grupp as a Member of The Supervisory Board. Triin Hertmann attended the Tallinn University. Triin Hertmann has been certified in the Chair Education Program.

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 9
  • Round size: Seed $1.1M–$3M; Pre-Seed $127k–$531k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
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Janer Gorohhov
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

Janer Gorohhov is based out of Tallinn, Harjumaa and is the CEO & Co-Founder of Roleo. Janer previously worked at Veriff as a CPO & Co-Founder. Janer Gorohhov attended the University of Tartu.

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Investment focus

  • Industry: Software, Waste Management, Packaging Services
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Round size: Seed $2.8M–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Askel.ai — Askel.ai elevates SaaS with embedded AI automation.
  • Handhold — Handhold is an AI platform that creates multimodal agents to automate the sales and onboarding process for inbound leads.
  • Woola — A sustainable alternative to bubble wrap: protective e-commerce packaging made of leftover wool. Lightweight. Compostable. Customisable.
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Justin Jenk
Angel · London, England, United Kingdom · 1 investments in Estonia Energy startups

Justin Jenk is the Senior Managing Partner of Raktas OU.

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Investment focus

  • Industry: Battery, Electronics, Manufacturing
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

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.
Show all investments...

Taavi Madiberk
Angel · Dresden, Sachsen, Germany · 1 investments in Estonia Energy startups

Taavi Madiberk is the Co-Founder and Chief Executive Officer at Skeleton Technologies. His business development, sales and marketing and company management skills have been instrumental in setting-up and driving growth. He has been the driving force for excellent customer traction, (the company counts as customers European Space Agency and severalTier 1 automotives), business strategy (leveraging the advantage in materials technology to energy storage cells and modules), product development and fundraising from venture capital, private equity and public sources in German, Estonian and EU level. Taavi Madiberk brings knowledge from the IT, locomotive and NGO sectors from his experience prior to Skeleton Technologies. Among other Board positions he has served as the youngest ever Chairman of the Supervisory Board in Estonian Railways Ltd (AS Eesti Raudtee) from 2012-2014 the national railway. He also served as a Member of the Supervisory Board of RKAS in 2014, an Estonian state-owned real estate company with over 400 M EUR of assets.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 5
  • Round size: Seed $636k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LynxPower — Cleantech platform offering wireless metering and AI-driven energy management to track, analyze, and optimize energy use in real time.
  • MarkeDroid — Turn sites into intelligent power plants The world's most adaptable AI-powered Energy Orchestration Platform. Google Play App Store Our customers participate
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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Taavi Kotka
Angel · 1 investments in Estonia Energy startups

Taavi Kotka is based out of Tallinn, Harjumaa and is the CEO & Co-Founder of KOOS.io. Taavi previously worked at European Commission as a Special Advisor to Vice President Andrus Ansip. Taavi Kotka attended the Tallinna Tehnikaülikool / Tallinn University of Technology.

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Investment focus

  • Industry: Electronics, Battery, FinTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.9M–$4.4M; Pre-Seed $337k–$1.3M
  • Lead/follow: 0% lead, 100% follow

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.
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Janis Krums
Angel · Riga, Riga, Latvia · 1 investments in Estonia Energy startups

Janis Krums is a Venture Partner at change ventures.

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Investment focus

  • Industry: SaaS, Big Data, Software
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Seed $159k–$2.1M; Pre-Seed $708k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KWOTA — Verified carbon emission credits from increased material recovery
  • PayQin — Vous allez aimer payer en ligne
  • Detail — Record and edit videos with Detail for iOS and macOS. Everything you need to create videos and podcasts, fast. Download for free on the App Store.
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Bryan Meehan
Angel · San Francisco, California, United States · 1 investments in Estonia Energy startups

Bryan Meehan is the Co-Founder of NUDE Skincare.

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Investment focus

  • Industry: Sustainability, Packaging Services, Farming
  • Stage:Seed, Angel, Series A
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 11
  • Round size: Seed $2.8M–$6.2M; Angel $500k–$60M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LOLIWARE — LOLIWARE is rewriting the story of destructive packaging. By harnessing the power of seaweed to replace plastic at scale, LOLIWARE is tapping into its potential to regenerate our ocean and decarbonize our planet.
  • Shellworks — Reimaging nature's packaging with beautifully sustainable, truly compostable alternatives to plastic for cosmetics and beauty products.
  • Blueprint Bryan Johnson — On the surface, Blueprint may seem something about health, wellness and aging. It's really a system to make tomorrow better for you, me, the planet and our shared future with AI.
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Alejandro Jimenez
Angel · 1 investments in Estonia Energy startups

Alejandro Jimenez

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Investment focus

  • Industry: Waste Management, Packaging Services
  • Stage:Angel
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Woola — A sustainable alternative to bubble wrap: protective e-commerce packaging made of leftover wool. Lightweight. Compostable. Customisable.
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Zem Joaquin
Angel · San Francisco Bay Area, California, United States · 1 investments in Estonia Energy startups

Zem Joaquin

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Investment focus

  • Industry: Waste Management, Packaging Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Woola — A sustainable alternative to bubble wrap: protective e-commerce packaging made of leftover wool. Lightweight. Compostable. Customisable.
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Priit Viru
Angel · 1 investments in Estonia Energy startups

Priit Viru

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Investment focus

  • Industry: Music, Events, Sports
  • Stage:Pre-Seed
  • Geography: Estonia, United States

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $300k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
  • Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
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Karin Nemec
Angel · Frankfurt, Hessen, Germany · 1 investments in Estonia Energy startups

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

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Investment focus

  • Industry: FinTech, GreenTech, Health Care
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
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Toomas Kõuhkna
Angel · 1 investments in Estonia Energy startups

Toomas Kõuhkna

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Investment focus

  • Industry: Battery, Electronics, Manufacturing
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

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.
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Asse Sauga
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

Asse Sauga is a individual investor.

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Investment focus

  • Industry: Blockchain, E-Commerce, Precious Metals
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aufort — Aufort offers investment schemes in gold and silver using blockchain and e-commerce platform.
  • Redcurry — Hello new money!
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Kristina Lilleõis
Angel · 1 investments in Estonia Energy startups

VP of People @ Veriff

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Investment focus

  • Industry: Waste Management, Packaging Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Woola — A sustainable alternative to bubble wrap: protective e-commerce packaging made of leftover wool. Lightweight. Compostable. Customisable.
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Gerd Kanter
Angel · 1 investments in Estonia Energy startups

Gerd Kanter

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Investment focus

  • Industry: Blockchain, E-Commerce, Precious Metals
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aufort — Aufort offers investment schemes in gold and silver using blockchain and e-commerce platform.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Artis Kehris
Angel · 1 investments in Estonia Energy startups

Artis Kehris - Co-Founder @ Printify

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Investment focus

  • Industry: Information Technology, Software, Information Services
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Latvia, Australia

Investor stats

  • Total investments: 6
  • Round size: Seed $1.9M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
  • THEO — Power-Up Any AI Assistant in 3 minutes by transforming your startup's strategy, product, and market info into an expert-designed AI-ready knowledge format, making AI truly understand your unique business nuances.
  • Cloud Factory Jewelry — Cloud Factory team helps you launch your personal branded jewelry merchandise without any effort, up-front payments or inventory issues. This is the place where to 3D print silver.
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Kersti Kaljulaid
Angel · Tallin, Harjumaa, Estonia · 1 investments in Estonia Energy startups

In 2016, Kersti Kaljulaid was elected President of the Republic of Estonia. Previously she served from 2004 to 2016 as a Member of the European Court of Auditors. Kersti Kaljulaid was the CFO and CEO of the Iru Power Plant of state-owned energy company Eesti Energia from 2002 to 2004. From 1999 to 2002, Kersti Kaljulaid was Prime Minister MartLaar's Economic Advisor.Kersti Kaljulaid was a member of the Supervisory Board of the Estonian Genome Center from 2001 to 2004. She was also a member of the Advisory Board of the University of Tartu from 2009 to 2011 and the Council Chair of the University from 2012 to 2016. Kersti Kaljulaid graduated from the University of Tartu in 1992 in the field of genetics in the Faculty of Natural Sciences and completed her master's studies in the Faculty of Economics and Business Administration in 2001.

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Investment focus

  • Industry: Gaming, Battery, Software
  • Stage:Seed
  • Geography: Estonia, Isle of Man

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

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.
  • Bitblox Games — Offer innovative and engaging blockchain-based games on your platform and attract a new wave of players with Bitblox.
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Taavet Hinrikus
Angel · London, England, United Kingdom · 1 investments in Estonia Energy startups

Taavet Hinrikus is based out of London, England and is the Partner of Plural Platform and Board Member of CoMind. Taavet previously worked at Wise as a Chairman and Co-founder. Taavet Hinrikus attended INSEAD.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Estonia

Investor stats

  • Total investments: 133
  • Round size: Seed $1.6M–$10M; Series A $6.4M–$45M; Series B $23M–$58M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Habito — We're the Treating Customers Fairly Champion of 2023 as voted for in the British Bank Awards. We're here to make mortgages easier - no paperwork, no stress and no fees.
  • Lassie — AI that runs the doctor's office.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Marko Virkebau
Angel · 1 investments in Estonia Energy startups

Marko Virkebau

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Investment focus

  • Industry: Software, Energy, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $636k–$2.4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • LynxPower — Cleantech platform offering wireless metering and AI-driven energy management to track, analyze, and optimize energy use in real time.
  • MarkeDroid — Turn sites into intelligent power plants The world's most adaptable AI-powered Energy Orchestration Platform. Google Play App Store Our customers participate
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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Andres Kull
Angel · 1 investments in Estonia Energy startups

Andres Kull

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Investment focus

  • Industry: AgTech, Farming, Software
  • Stage:Seed, Series A
  • Geography: Estonia

Investor stats

  • Total investments: 4
  • Round size: Seed $531k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
  • VitalFields — VitalFields is a digital agriculture company that offers an easy-to-use farm management system for farmers to plan, manage and analyze their field activities, including simplified tracking and reporting of all crop inputs to help ensure compliance with European Union environmental standards. Founded in 2011 and based in Tallinn, Estonia,VitalFields is available in several European countries.
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Kaarel Kotkas
Angel · 1 investments in Estonia Energy startups

Kaarel Kotkas is based out of Tallinn, Estonia, and is the Founder and Chief Executive Officer of Veriff. Patrick previously worked at Sants as a CEO & Founder. Kaarel Kotkas has been awarded the EY Entrepreneur Of The Year in Estonia in 2020 and was recognized in the Forbes 30 Under 30 Europe and named one of the 25 most influential youngentrepreneurs in Northern Europe by Nordic Business Report.

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Investment focus

  • Industry: Software, Gaming, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Estonia, Hungary, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $545k–$2.8M; Series A $13M–$13M; Series B $23M–$94M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Martin Kõiva
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

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

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Investment focus

  • Industry: Software, Audio, Video
  • Stage:Pre-Seed, Seed
  • Geography: United States, Estonia

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $450k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lutso — Empowering older adults to live independently, safely, and with dignity. Lutso is the smarter way to support aging at home.
  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Saltfish — Saltfish enables teams to develop tailored video experiences that guide users through your entire funnel, from first visit to feature adoption.
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Andrius Slimas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Energy startups

Andrius Slimas - CEO and co-founder @ Oberlo, formerly head of web agency Studio4, over ten years experience in ecommerce, dropshipping and software development.Oberlo is a dropshipping solution for ecommerce store-owners. It provides a number of dropshipping automation tools and instant access to millions of products available fordropshipping.

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Investment focus

  • Industry: Information Technology, Art, CRM
  • Stage:Seed
  • Geography: Spain, Estonia, Australia

Investor stats

  • Total investments: 6
  • Round size: Seed $564k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Billo — Most affordable UGC Videos, starting at only $59 per video! Save $400 on Each UGC Video We Create for You! UGC Video Ads, UGC Video Reviews, Video Testimonials, Unboxing videos
  • Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
  • Cloud Factory Jewelry — Cloud Factory team helps you launch your personal branded jewelry merchandise without any effort, up-front payments or inventory issues. This is the place where to 3D print silver.
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Taavi Tamkivi
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

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

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Investment focus

  • Industry: Financial Services, Software, AgTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Japan

Investor stats

  • Total investments: 11
  • Round size: Seed $371k–$8.4M; Angel $111k–$1M; Pre-Seed $191k–$1.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GIG-A — Open a bank account in Japan from your mobile with GIG-A. 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 — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Martin Tajur
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Energy startups

Martin Tajur is the co-founder of Pipedrive.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, Poland, Ukraine

Investor stats

  • Total investments: 16
  • Round size: Seed $800k–$2.7M; Angel $136k–$566k; Pre-Seed $401k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • SegmentStream — At SegmentStream we partner with growth leaders to drive more revenue from paid media through full-funnel attribution, incrementality measurement and automated cross-channel budget allocation powered by predictive AI.
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Energy Angel investor funding in Estonia at a glance

Stats across 28 deals from 41 investors.

41
investors
in Estonia Energy startups
28
deals
in Estonia Energy startups
$1.6M
median round
in Estonia Energy startups
17%
lead investors
lead at least one round
50%
Seed
most common funding stage

Access all 41 angel investors in Estonia Energy startups.

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