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 Energy Startup Investors in Estonia in November 2024

Last updated: Nov 2024 A list of 50 angel investors and VC (Venture Capital) funds that invest in Energy startups based in Estonia. We rank investors based on the number of investments they made in Energy companies from Estonia. We update this investor list every month.

Top 50 Energy Startup Investors in Estonia in November 2024

Investor	Energy Estonia investments
Specialist VC	8
Superangel	6
Lemonade Stand	5
Contrarian Ventures	4
Prototron	4
Change Ventures	3
Sunly	3
Vestman Energia	3
Spring Capital	3
Kristjan Raude	3
Alvar Lumberg	2
Expansion Capital	2
Norrsken VC	2
EstBAN	2
Taavi Veskimägi	2
Little Green Fund	2
Madis Müür	2
Ragnar Sass	2
Kaamos	2
Future Ventures	2
Iron Wolf Capital	2
Thorgate Ventures	2
Trind Ventures	2
Icebreaker.vc	2
Kuldar Väärsi	2
Martin Villig	2
Funderbeam	2
Kair Käsper	2
Karin Nemec	1
F+ Ventures	1
Honey Badger Capital OÜ	1
Elar Nellis	1
EQT Ventures	1
Triin Hertmann	1
Superhero Capital	1
Andrius Slimas	1
ZGI Capital	1
Kersti Kaljulaid	1
Link Capital	1
Yolo Investments	1
Taavi Kotka	1
Greenco Ventures	1
European regional development fund (ERDF)	1
Commerce Ventures	1
SpeedUp Venture Capital Group	1
Ministry of Economic Affairs and Communications for Estonia	1
Cats.vc	1
Eigenkapital	1
Janis Krums	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

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

Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
SensusQ — The SensusQ Intelligence Management Platform empowers decision-making and helps plan and conduct military operations 30% faster.
Kingdom Technologies — Kingdom builds novel robotic lawn mowers for large terrains

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

OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
BeCause — BeCause makes your sustainability manageable. BeCause is the single source of truth for collecting, coordinating and communicating your sustainability data.
Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive scale.

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 — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
Value.Space — Satellite-based risk assessments for underwriters and risk engineers
Black Swan — Black Swan offers autonomous space robotics software solution

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.

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.

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.

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.

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.

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.

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!

Alvar Lumberg - CTO, co-founder @ Grünfin

Investment focus

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

Portfolio highlights

Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
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.

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!

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

alcemy — Concrete is the most widely used building material on our planet. The only thing mankind uses more of is water. With a wave of urban development coming in the next few decades, concrete is also a rapidly growing trillion-dollar market. However, cement and concrete production is responsible for 8% of the global CO2 emissions, making its growth a bigcause for concern.Low-carbon concrete exists - but until now it has been too sophisticated to be produced reliably and on a large scale. It contains very little burnt limestone - responsible for the strength of concrete and CO2 emissions. This makes low-carbon concrete vulnerable to fluctuations in raw materials and operating conditions and thus difficult to produce with reliable quality. Adding to the challenge: the final quality of concrete can only be measured weeks AFTER it has been processed on the construction site - far too late to be corrected. This is why our world is still built on more robust, high-carbon concrete. Using alcemy's software, cement and concrete producers receive precise quality predictions already during production. Based on these prediction models, our AI identifies which production parameters need to be adjusted to mitigate the impact of fluctuations. Thus, the quality of cement and concrete can be optimized BEFORE delivery – for the first time in history.The result is significantly more consistent product quality, allowing producers to safely replace burnt limestone with less expensive, low-carbon materials found in nature. In this way, they can also avoid payments for CO2 emission certificates in the EU. Saving costs, bringing production processes up to speed for 21st century concrete recipes, and saving half of Europe’s CO2 emissions goes hand in hand at alcemy. Join us on our journey to make low-carbon concrete a reality!
Vind AI — Experience the future of wind project planning with Vind AI. Design with real-time data, advanced optimization, and seamless collaboration.
terralayr — At terralayr, we're not just offering storage and batteries; we're pioneering a new era of energy flexibility. In a world where renewable energy is on the rise, the need for flexibility in energy storage has never been more crucial. That's where we come in.

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 — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
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 — DriveX offers an AI windshield damage assessment tool that gives an instant repairability decision.

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.

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 — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
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.

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.

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.

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.

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
Xona Space Systems — Xona's Pulsar service is the first high-performance alternative to GPS designed to support the age of autonomy. Our constellation of smallsats will provide secure navigation and timing services with the resilience and accuracy needed to enable modern devices to operate safely in any conditions.
Vironexis Biotherapeutics — Vironexis will implement the cutting-edge technique of AAV-delivered T-cell immunotherapy.

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.
Repsense — Reputation management software - Repsense is AI powered online reputation management service that helps you track your reputation.
Kingdom Technologies — Kingdom builds novel robotic lawn mowers for large terrains

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 — Waybiller is an e-waybill software that helps you create and store your digital waybills and track your vehicles carrying freight.
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!

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!
Fractory — Custom metal fabrication services for project and series manufacturing. 1-1 engineering support and payment terms for companies.

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.

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 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!

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 — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
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!

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.

F+ Ventures is the corporate venture arm of Fark Holding dedicated to evaluating and investing in technologies and business model innovations that are transforming our transportation systems. We support “A teams” by helping with customer acquisition and smart capital. F+ invests in innovative solutions, early stage disruptive technologies, startupswith technological value proposition and business model innovation. We seek to make late seed and series A investments in ambitious tech savvy teams building businesses.

Investment focus

Software, Transportation, Automotive
Seed, Series A, Pre-Seed
Turkey, Estonia, United States

Portfolio highlights

Optiyol — Optiyol helps freight and passenger transportation operations in cities have increased in volume due to e-commerce and increased urbanization. Legacy route optimization solutions can no longer handle the scale and complexity of these operations and require human intervention which results in overspending for fleet and energy costs and lowercustomer service levels due to late arrivals. Optiyol builds a self-learning optimization engine with comprehensive data models and algorithms to handle all real-life constraints for both efficient and practical route plans. Optiyol's team has over ten years of experience in algorithm engineering and software design with Ph.D. degrees from Georgia Tech.
Büyütech — Buyutech is an R&D company specializes in developing products and solutions in the fields of camera design, production & image processing.
Inofab Health — A digital respiratory health platform for chronic conditions such as asthma, COPD and cystic fibrosis.

We invest between 50k€ – 150k€ to start-ups along with access to our extensive network and know-how. We work together with an extended group of Pipedrive Angels who have the option to also join the investments we make which can bring the total amount invested up.

Investment focus

FinTech, GreenTech, Health Care
Seed
Estonia

Portfolio highlights

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

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

EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totaling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than justcapital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but on bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totaling €660 million. EQT Ventures III launched in 2022, with commitments totaling €1.1 billion, making it the biggest European Venture Capital fund committed to early-stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris, and San Francisco, taking a locals-with-locals approach and supporting founders on the ground. Motherbrain, EQT Ventures' in-house-developed artificial intelligence (AI) platform, ensures the team has a data-driven approach and has driven more than $100 million in portfolio company investments.

Investment focus

Software, Information Technology, Artificial Intelligence
Series A, Series B, Seed
Sweden, Germany, United States

Portfolio highlights

VidLab7 — VidLab7 is a platform focused on synthetic media, specifically tailored for revenue teams. The company offers customized video experiences powered by generative AI.
Syntetica — Syntetica is a nylon recycling startup that addresses pollution in the fashion industry by transforming discarded nylon products into high-quality, reusable materials. Their innovative processes help reduce waste, conserve resources, and promote sustainability within the fashion sector.
Vsim Technology — Experience the power of next-generation physics simulations with Vsim. Our cutting-edge technology provides realistic and accurate simulations for various industries.

Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype.

Investment focus

FinTech, Software, E-Commerce
Seed, Pre-Seed
Estonia

Portfolio highlights

Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
CARÁ Health — CARÁ Health is creating a hybrid health and well-being platform for women throughout any stage of maternity to make them feel empowered and make informed choices. We do this by combining all verticals a woman needs (and does not yet knows she needs) during the maternity period, including education, products, podcasts, masterclasses, and servicerecommendations.

Early-stage VC searching for the next Superheroes.

Investment focus

Software, Information Technology, Internet
Seed, Pre-Seed, Series A
Finland, Estonia, Lithuania

Portfolio highlights

Phaver — Welcome to the biggest mobile app on Lens Protocol. Access all that Web3 Social has to offer through one easy-to-use app. Engage with your favourite creators, connect your NFT's, earn rewards and more
MyDello — Get instant quotes for all transportation modes. Enter a new era of freight forwarding with the MyDello logistics platform. Sign up for free
Videobot — Grow your business with personalised video funnels that engage your audience with human interaction, capture leads, guide your users, enhance customer satisfaction and increase conversion rate.Short videos have already become dominant across social media platforms. Now, this beloved user experience is available on company websites as well. The applications are vast and varied. Discover how it all works by reserving your own presentation slot.

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.

Investment focus

Information Technology, Cooking, Jewelry
Seed, Funding Round
Spain, Estonia, Australia

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.
Promos — Promos is a startup combining machine learning and crowdsourced market research data.
Cloud Factory — Cloud Factory is developing their own line of custom-branded jewelry products for brands, artists, and creators.

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.

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.

Investment focus

Battery, Electronics, Manufacturing
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.

Link Capital is a Nordic venture capital firm. It operates a series of early-stage funds, from pre-seed to A-series.

Investment focus

Energy, Automotive, Electronics
Seed, Funding Round
Norway, Denmark, Estonia

Portfolio highlights

Gridio — GridIO enables households to earn cash using their existing electrical devices by combining them into virtual power plants.In doing so,GridIO provides flexibility to power grids and unlocks a future full of green electricity
Viggo — Viggo is a ride-hailing service running 100% with zero-emission cars. We give you Denmark's best drivers in electric cars.
FLEXeCHARGE — Optimize EV charging with FLEXeCHARGE. Control all charging stations through one load and energy management platform.

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.

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.

Greenco Ventures is an investment firm.

Investment focus

Renewable Energy, Environmental Engineering
Pre-Seed
Estonia

Portfolio highlights

KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

Investment focus

Software, Information Technology, Artificial Intelligence
Grant, Funding Round, Pre-Seed
United Kingdom, Germany, France

Portfolio highlights

Losanje — Losanje has a brand and an upcycling workshop that gives second-hand and unsold completed apparel and textiles a second life. Its goal is to create an innovative manufacturing chain that will allow for the first time the industrialization of upcycling, as well as to implement the most credible solution, both ecologically and economically.
PulmoBiomed — Pulmobiomed has developed a best-in-class exhaled breath condensate device, capable of capturing Covid-19 particles in as little as 5 seconds. Pulmobiomed a biotechnology company is working with industry leaders in integrating their diagnostic capabilities into our PBM-Hale device. Pulmobiomed techn
Knock Technology — The world's simplest video chat app: Improves mental health and boosts innovation. It's a secure, cost effective and peer-to-peer telecoms solution for everyone.

At Commerce Ventures, they are building a new and different type of venture capital firm. Their investors are a unique and strategic blend of leading entrepreneurs, senior executives, and corporates from their focus sectors (mobile, retail/e-commerce, payments, fin-tech, insurance). In addition to providing capital, they are committed tohelping their portfolio companies succeed in scaling their commerce-related innovations.

Investment focus

FinTech, Software, Financial Services
Series A, Seed, Series B
United States, India, United Kingdom

Portfolio highlights

Diesta — Next Generation Reconciliation Engine for Insurance
Flueid — Flueid Software Corporation is on a mission to fundamentally change how the traditional real estate transaction closing process works. With broad strategic, design, technology and operational experience within these industries, our goal is not to eliminate critical functions within the process, but to re-think them and make them smarter, whichultimately increases productivity and reduces redundancy and cost. Working with major title insurance, real estate and mortgage lending partners, Flueid develops key solutions that streamline real estate transaction workflow, automate the delivery of risk-eliminating information during closing, and optimize business processes throughout the entire process.
Casap — Casap is an award-winning dispute automation platform that streamlines compliance, reduces operational costs, and enhances consumer satisfaction by automating up to 30% of dispute cases. Trusted by fintechs and financial institutions to deliver fast, accurate, and compliant resolutions.

We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon.We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.

Investment focus

Software, SaaS, Mobile
Seed, Pre-Seed, Series A
Poland, United States, Estonia

Portfolio highlights

1M TRACK — 1M TRACK is a polish sports-tech startup that develops a training device that can tell sportsmen the speed they should run to achieve their target or time.
Viraltalk — Viraltalk provides a communication management and advertising optimization analysis tool for TikTok.
ReadyCode.io — ReadyCode.io is software development company.

The Ministry of Economic Affairs and Communications intends to promote Estonian enterprises' efficiency and people's prosperity.It also encourages entrepreneurship to have a justifiable price for the efficient transport system, a developing information society, and environmentally friendly energy supply.It was headquartered inTallinn, Harjumaa.

Investment focus

CleanTech, GreenTech, Manufacturing
Pre-Seed
Estonia

Portfolio highlights

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.

Y generation investment professionals sourcing and closing deals for top tier angels from Europe

Investment focus

E-Commerce, Grocery, Software
Seed, Pre-Seed, Series A
Italy, Spain, Sweden

Portfolio highlights

Macai — Macai offers thousands of high-quality products delivered at your doorstep in a few minutes.Macai is the first Italian company active in the Q-commerce space. Founded by Giovanni Cavallo, serial entrepreneur with a deep background in food delivery, the project is now live in Milan and Turin. Compared to other players in the industry, Macai ismore focused on providing a wider offer than on the speed variable. We aim at building an online full grocer, with more than 7000 skus delivered in less than 45 minutes.
MAX — Metro Africa Express addresses the last-mile delivery and online-retail problems by using mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. They are eliminating all logistics and technology barriers that have historically prevented retail businesses in Africa from realizing their full potential.
Payflow — Payflow is an employee benefit that companies can offer to their employees. Payflow provides employees instant access to earned salary to improve their financial well-being. Companies benefit from improved productivity and engagement, with no impact on cash-flow.Payflow was founded in 2020, and it is a Rocket Internet backed venture based inSpain.

Eigenkapital is an investment firm.

Investment focus

Water, Recycling, Water Purification
Funding Round
Estonia

Portfolio highlights

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.

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 engaging video faster with the simplicity of a camera app combined with the power of a video editor.

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