# Top 50 Hardware Startup Investors in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Specialist VC | 8 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Tera Ventures | 8 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Artificial Intelligence |
| Superangel | 5 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Jaan Tallinn | 5 | United States, Estonia, United Kingdom | Seed, Series A | Software, Artificial Intelligence, Internet |
| Prototron | 4 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| TechOne VC | 4 | Turkey, United States, Estonia | Seed, Series A | Software, SaaS, Information Technology |
| Thorgate Ventures | 4 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech |
| Ambient Sound Investments | 4 | Estonia, United States, United Kingdom | Seed, Series A | Internet, Software, E-Commerce |
| BADideas.fund | 3 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Grant | Software, Information Technology, Artificial Intelligence |
| Decacorn Capital | 3 | United States, Israel, Singapore | Seed, Series B | Software, Information Technology, Artificial Intelligence |
| Mike Oliinyk | 3 | Estonia | Seed, Pre-Seed, Series A | Robotics, Navigation, 3D Technology |
| Expansion Capital | 3 | Latvia, United States, Norway | Seed, Debt Financing | Manufacturing, Logistics, Transportation |
| Contrarian Ventures | 3 | Lithuania, United Kingdom, France | Seed, Series A, Pre-Seed | Software, Renewable Energy, Energy |
| ZAKA VC | 3 | United States, Germany, United Kingdom | Seed, Pre-Seed | Artificial Intelligence, Software, Information Technology |
| Lemonade Stand | 3 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| Spring Capital | 3 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce |
| Enterprise Estonia | 2 | Estonia | Grant, Seed, Pre-Seed | Biotechnology, Software, Mobile Apps |
| Sebastien Borget | 2 | United States, France, Estonia | Seed, Series A, Pre-Seed | Blockchain, Gaming, Cryptocurrency |
| Amalfi Capital | 2 | Estonia, Finland, Ireland | Seed, Series A | Beauty, Battery, Medical |
| Aydın Mizrahi | 2 | Turkey, Estonia | Seed, Pre-Seed | Software, InsurTech, Logistics |
| Ragnar Sass | 2 | Estonia, Ukraine, United States | Seed, Pre-Seed | Information Technology, Software, SaaS |
| Leap Investment | 2 | Turkey, United States, Estonia | Seed, Pre-Seed | E-Commerce, SaaS, Internet |
| Markku Jääskelainen | 2 | Estonia | Seed, Series A | Drones, Big Data, Software |
| Emre Kozlu | 2 | Turkey, Estonia | Seed, Pre-Seed | Software, Artificial Intelligence, InsurTech |
| Kaarel Kotkas | 2 | Estonia, United Kingdom | Seed, Series A, Angel | Software, Gaming, 3D Technology |
| Priit Kasesalu | 2 | Estonia | Seed | iOS, Apps, Email |
| StartersHub | 2 | United States, Turkey, Latvia | Seed, Pre-Seed, Convertible Note | Software, Artificial Intelligence, Information Technology |
| Insta Ventures | 2 | United States, Estonia, France | Seed, Pre-Seed, Series A | Software, E-Commerce, Advertising |
| Butterfly Ventures | 2 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Markus Villig | 2 | Estonia, United States, United Kingdom | Seed, Pre-Seed, Angel | Software, Information Technology, FinTech |
| TRANGELS | 2 | Turkey, United States, Estonia | Seed, Pre-Seed, Angel | Software, Information Technology, Biotechnology |
| Curiosity VC | 2 | The Netherlands, Finland, Sweden | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Sten Tamkivi | 2 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Manufacturing |
| Yiğit Barış Şemin | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |
| Taavi Kotka | 2 | Estonia | Pre-Seed, Seed, Angel | Electronics, Battery, FinTech |
| DOMiNO Ventures | 2 | United States, Turkey, Estonia | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Tiny Supercomputer Investment Company | 2 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Kuido Lepik | 2 | Estonia | Seed, Pre-Seed | Apps, GPS, Pet |
| Conor Venture Partners | 2 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor |
| Maxis | 2 | Turkey, United States, United Kingdom | Seed, Pre-Seed | Software, Artificial Intelligence, E-Commerce |
| Entrepreneurs Fund | 2 | United Kingdom, United States, Germany | Series B, Series A | Biotechnology, Health Care, Software |
| Karista | 2 | France, United States, Finland | Seed, Series A, Series B | Software, Biotechnology, Health Care |
| Joachim Hedenius | 2 | Sweden, Estonia, Germany | Seed, Pre-Seed, Series A | Gaming, 3D Technology, Virtual Reality |
| Caucasus Ventures | 2 | United States, Georgia, Azerbaijan | Seed, Pre-Seed, Series B | Artificial Intelligence, Software, Financial Services |
| Tiny VC | 2 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| BSV Ventures | 2 | Lithuania, Estonia, Finland | Pre-Seed, Seed | Software, Aerospace, Analytics |
| SpeedUp Venture Capital Group | 2 | Poland, United States, Czech Republic | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence |
| Taavet Hinrikus | 2 | United Kingdom, United States, Estonia | Seed, Series A, Series B | FinTech, Software, Financial Services |
| Engin Gürsöz | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |
| Batuhan Gültakan | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |

# 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