# Top 20 Food and Beverage Startup Investors in Estonia in June 2026 ## Märt Kelder - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 3 - Stages: Seed, Angel, Pre-Seed - Focus: Information Technology, Software, Transportation founder at Voog. ## Andrus Purde - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Apps, Internet Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor. ## Specialist VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence United Angels VC is an early stage venture capital fund based in Estonia. ## Change Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Apps We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world. ## Toomas Bergmann - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Hardware, Mobile Apps, Construction Toomas Bergmann ## Prototron - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Pre-Seed, Grant, Seed - Focus: Software, Manufacturing, Internet of Things 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. ## Superangel - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, Information Technology Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io ## Crosslight Partners - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Biotechnology, B2B, Medical Crosslight Partners is a growth equity firm. The firm invests in the environment, healthcare, impact, and technology sectors across Europe. ## Martin Rand - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed - Focus: Software, CAD, Hospitality Martin Rand is the CEO and Co-Founder of Pactum.com. Contributor to Forbes.com. ## TMT Investments - Type: VC Fund - Location: St. Helier, NA - Jersey, Jersey - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, SaaS, Social Media TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com. ## Thomas Berman - Type: Angel - Location: Winnetka, Illinois, United States - Relevant deals: 1 - Stages: Series C, Seed, Series D - Focus: SaaS, Energy, Consumer Thomas Berman ## Bonnier Capital - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Internet, Software, E-Commerce Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies of various sizes. ## Veljo Otsason - Type: Angel - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Identity Management, Information Technology, Film Veljo Otsason is Estonian entrepreneur and investor. In 2007 he co-founded mobile payments company Fortumo and served as its CTO. Since 2013 he has been active angel investor and early backer of Bolt (formerly Taxify), Monese, Veriff, Pipedrive & 30+ others. In 2018 he co-founded Superangel, early-stage seed fund and company builder. ## RubyLight - Type: VC Fund - Location: Riga, Riga, Latvia - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Apps, Mobile, E-Commerce RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors. ## Timo Rein - Type: Angel - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Angel, Convertible Note - Focus: Software, Recruiting, Human Resources Timo Rein - Co-Founder @ Pipedrive ## Concentric - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Financial Services, Software, Bitcoin We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter. ## Forward Venture Capital - Type: VC Fund - Location: Den Haag, Zuid-Holland, The Netherlands - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, E-Commerce, Financial Services Forward Venture Capital is a Venture Capital fund that invests in early-stage companies in the US and Europe. We support early stage entrepreneurs and help them accelerate their growth. ## Mikko Silventola - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: E-Commerce, Software, Transportation Mikko is an active investor, with over 50 investments globally. Besides Europe, he is also active in Southeast Asia, Middle East, and Lat Am. He is the first investor of Bolt (Estonia), an investor of Rappi (Colombia), and of Hugo (El Salvador). He has founded 3 international media companies which in total have generated over €35M in sales overjust a few years. He has helped companies with internationalization, fundraising and M&As in Asia, Europe and the Middle East. ## Rain Rannu - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed - Focus: Software, CRM, Manufacturing Rain Rannu has been a long-time serial entrepreneur in the mobile payments space ever since founding his first company back in 2000. In 2007 he founded Fortumo, the fast-growing mobile payments service for digital and virtual content now available in more than 80 countries. They have recently raised funding from Intel Capital and GreycroftPartners, and are employing more than 60 people in Estonia, Beijing and San Francisco. Rain Rannu has also been an active member in the Estonian startup scene as a founder of Garage48, among other things. ## DEPO Ventures - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 1 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, Artificial Intelligence, Information Technology DEPO Ventures is an angel network and VC (Grouport and DEPO Angels Fund II), which connects world of startups and investors. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co