# Top 20 Food and Beverage Startup Investors in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Märt Kelder | 3 | Estonia, Pakistan, Bangladesh | Seed, Angel, Pre-Seed | Information Technology, Software, Transportation |
| Andrus Purde | 2 | Estonia, United Kingdom, Cyprus | Seed, Pre-Seed | Software, Apps, Internet |
| Specialist VC | 2 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Change Ventures | 2 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Toomas Bergmann | 2 | Estonia | Seed, Angel | Hardware, Mobile Apps, Construction |
| Prototron | 2 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| Superangel | 1 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Crosslight Partners | 1 | Sweden, Estonia | Seed | Biotechnology, B2B, Medical |
| Martin Rand | 1 | Estonia, United Kingdom | Seed | Software, CAD, Hospitality |
| TMT Investments | 1 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media |
| Thomas Berman | 1 | United States, Estonia | Series C, Seed, Series D | SaaS, Energy, Consumer |
| Bonnier Capital | 1 | Sweden, Finland, Germany | Seed, Series A | Internet, Software, E-Commerce |
| Veljo Otsason | 1 | Estonia, United Kingdom, United States | Seed, Angel, Pre-Seed | Identity Management, Information Technology, Film |
| RubyLight | 1 | Estonia, Germany, United Kingdom | Seed, Series A, Pre-Seed | Apps, Mobile, E-Commerce |
| Timo Rein | 1 | Estonia, Finland, United Kingdom | Seed, Angel, Convertible Note | Software, Recruiting, Human Resources |
| Concentric | 1 | United Kingdom, United States, Germany | Seed, Series A, Series B | Financial Services, Software, Bitcoin |
| Forward Venture Capital | 1 | United States, Sweden, Denmark | Seed, Series A | Software, E-Commerce, Financial Services |
| Mikko Silventola | 1 | Estonia, Finland, United States | Pre-Seed, Seed, Angel | E-Commerce, Software, Transportation |
| Rain Rannu | 1 | United States, Estonia, Lithuania | Seed | Software, CRM, Manufacturing |
| DEPO Ventures | 1 | Czech Republic, United States, Estonia | Seed, Pre-Seed, Convertible Note | Software, Artificial Intelligence, Information Technology |

# About Shizune
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- Updated daily from public funding news
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