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Top 30 Manufacturing Angel Investors in Estonia (September 2026)

The most active angel investors investing in Estonia Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sten Tamkivi
Angel
3 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, Manufacturing $120k–$35M
Markus Villig
Angel
2 Estonia, United States, United Kingdom Seed, Pre-Seed, Angel Software, Information Technology, FinTech $230k–$3.5M
Jaan Tallinn
Angel
2 United States, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $531k–$124M
Veljo Otsason
Angel
2 Estonia, United Kingdom, United States Seed, Angel, Pre-Seed Identity Management, Information Technology, Film $540k–$1.5M
Artis Kehris
Angel
1 Estonia, Latvia, Australia Seed, Angel, Pre-Seed Information Technology, Software, Information Services $1.9M–$3M
Ott Kaukver
Angel
1 Estonia, United States, United Kingdom Series A, Seed, Pre-Seed Software, SaaS, Financial Services $401k–$26M
Priit Piilmann
Angel
1 Estonia Series A Solar, Manufacturing, Building Material
Martin Henk
Angel
1 Estonia, United States, United Kingdom Pre-Seed, Seed, Angel Software, SaaS, Marketplace $218k–$5.1M
Raphaele Leyendecker Fabbri
Angel
1 France, Kenya, Belgium Pre-Seed, Seed Artificial Intelligence, Energy, Internet $120k–$1.1M
Kairi Pauskar
Angel
1 Estonia, United States Series A, Pre-Seed Software, Manufacturing, Fashion $11M–$45M
Indrek Kasela
Angel
1 Estonia, Japan, United Kingdom Seed, Pre-Seed, Angel Software, Information Technology, Artificial Intelligence $1M–$2.2M
Taavet Hinrikus
Angel
1 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1.4M–$58M
Taavi Tamkivi
Angel
1 Estonia, Latvia, Japan Seed, Pre-Seed, Angel Financial Services, Software, SaaS $116k–$8.4M
Andrius Slimas
Angel
1 Spain, Estonia, Australia Seed Information Technology, Art, CRM $531k–$2.3M
Justin Jenk
Angel
1 Estonia Seed Battery, Electronics, Manufacturing
Toomas Kõuhkna
Angel
1 Estonia Seed Battery, Electronics, Manufacturing
Sasha Reminnyi
Angel
1 Estonia, Ukraine Pre-Seed, Angel Industrial, Manufacturing, Internet Radio $525k–$579k
Aare Järvan
Angel
1 Estonia Angel Apps, Gaming, Mobile
Taavi Kotka
Angel
1 Estonia Pre-Seed, Seed, Angel Electronics, Battery, FinTech $337k–$4.4M
Elar Nellis
Angel
1 Latvia, Estonia, United States Seed, Angel, Pre-Seed CAD, Battery, Consumer
Kersti Kaljulaid
Angel
1 Estonia, Isle of Man Seed Gaming, Battery, Software
Martin Tajur
Angel
1 Estonia, Poland, Ukraine Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $136k–$2.7M
Toomas Bergmann
Angel
1 Estonia Seed, Angel Quality Assurance, Hardware, Mobile Apps $100k–$373k
Raivo Kütt
Angel
1 Estonia Angel Apps, Gaming, Mobile
Ergo Sooru
Angel
1 Estonia Angel Apps, Gaming, Mobile
Kuldar Väärsi
Angel
1 Estonia Water, Battery, Recycling
Artur Dianov
Angel
1 Estonia Pre-Seed Drones, Gaming, Computer $69k–$328k
Taavi Veskimägi
Angel
1 Estonia Water, Battery, Recycling
Sergei Anikin
Angel
1 United States, Estonia Seed, Pre-Seed, Series A Software, SaaS, Enterprise Software $1.3M–$5M
Rain Rannu
Angel
1 United States, Estonia, Lithuania Seed Software, CRM, Film $346k–$4.4M
Access all 25 angel investors in Estonia Manufacturing startups.

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

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Investor list

Sten Tamkivi
Angel · San Francisco, California, United States · 3 investments in Estonia Manufacturing 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–$2.5M; 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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Markus Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Manufacturing startups

Markus Villig is founder and CEO of Taxify. He attended University of Tartu.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1M–$3.5M; Pre-Seed $230k–$3.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BirdyChat — A modern work chat app for professionals. Start conversations with anyone using their work email. Collaborate and grow your network.
  • ScamGuardian.AI — ScamGuardian develops AI-powered victim simulations to capture actionable scam intelligence
  • Rivan Industries — Rivan Industries designs and builds modular, vertically integrated, synthetic fuel plants.
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Jaan Tallinn
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Manufacturing startups

Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 66
  • Round size: Seed $531k–$15M; Pre-Seed $799k–$2.1M; Series A $3.3M–$124M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • ZaiNar — ZaiNar leverages patented digital signal processing techniques to locate radio devices in 3D with meter-level accuracy.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
  • 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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Veljo Otsason
Angel · 2 investments in Estonia Manufacturing startups

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.

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Investment focus

  • Industry: Identity Management, Information Technology, Film
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, United Kingdom, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $540k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bolt — The smartest way to move around in cities. Forget expensive taxi rides or slow public transport. Get a ride in minutes. Download the Bolt app for iOS and Android.
  • Veriff — Highly automated identity verification software from Veriff. We help you build trust and transparency online.
  • Digital Sputnik — Making Hollywood level virtual production simple, fast and budget-friendly. Without big screens and teams. Show anything real on any virtual background and let the AI lights sync with the background. For film makers, influencers, streamers and live event organizers.
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Artis Kehris
Angel · 1 investments in Estonia Manufacturing 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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Ott Kaukver
Angel · Menlo Park, California, United States · 1 investments in Estonia Manufacturing startups

Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School.

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $2M–$4.8M; Pre-Seed $401k–$2.2M; Series A $8.5M–$26M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Arcjet — Arcjet helps developers protect their apps in just a few lines of code. Implement rate limiting, bot protection, email validation, and defense against common attacks.
  • Qovery — Qovery is a DevOps automation tool that lets developers deploy and scale applications on their cloud by simplifying and automating infrastructure so tech teams can focus on what matters most: building great products.
  • Handhold — Handhold is an AI platform that creates multimodal agents to automate the sales and onboarding process for inbound leads.
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Priit Piilmann
Angel · 1 investments in Estonia Manufacturing 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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Martin Henk
Angel · San Francisco, California, United States · 1 investments in Estonia Manufacturing startups

Martin Henk is the Co-founder of Pipedrive.

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Investment focus

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

Investor stats

  • Total investments: 20
  • Round size: Seed $413k–$5.1M; Pre-Seed $218k–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vendis.ai — A CRM that actually understands you. Your intelligent AI sales companion. Conversation in, pipeline out. Zero forms.
  • Baserow — Discover Baserow, the open-source no-code platform for building databases and applications. No code or technical skills needed. Start creating for free today!
  • Breyta — Gather all your qualitative data and our AI assistant transcribes, analyses and delivers you accurate product insights and patterns at scale in seconds.
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Raphaele Leyendecker Fabbri
Angel · Paris, Ile-de-France, France · 1 investments in Estonia Manufacturing startups

Managing Director at Techstars Sustainability Paris l Entrepreneur & investor

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Investment focus

  • Industry: Artificial Intelligence, Energy, Internet
  • Stage:Pre-Seed, Seed
  • Geography: France, Kenya, Belgium

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $120k–$1.1M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Propellane — Propellane make novel waste heat recovery systems for industrial processes. Reducing by up to 80% the CO2 emissions & providing tons of operational advantages.
  • S.Lab — S.Lab creates eco-friendly and biodegradable packaging from mycelium and agricultural waste. This unique technology allows for the production of water- and heat-resistant materials that decompose in under 45 days.
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Kairi Pauskar
Angel · 1 investments in Estonia Manufacturing 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.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Indrek Kasela
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing startups

Indrek Kasela - investor @ Luup Culture

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Japan, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1M–$1.5M; Pre-Seed $1.9M–$2.2M
  • Lead/follow: 13% lead, 87% 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.
  • 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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Taavet Hinrikus
Angel · London, England, United Kingdom · 1 investments in Estonia Manufacturing 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: 135
  • Round size: Seed $1.4M–$10M; Series A $6.4M–$45M; Series B $23M–$58M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Lassie — AI that runs the doctor's office.
  • Open Cosmos — Open Cosmos design, build and operate space missions, providing straightforward access to high quality satellite data and insights on a global scale.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Taavi Tamkivi
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing 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, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Japan

Investor stats

  • Total investments: 11
  • Round size: Seed $413k–$8.4M; Angel $116k–$1M; Pre-Seed $206k–$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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Andrius Slimas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Manufacturing 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 $531k–$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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Justin Jenk
Angel · London, England, United Kingdom · 1 investments in Estonia Manufacturing 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.
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Toomas Kõuhkna
Angel · 1 investments in Estonia Manufacturing 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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Sasha Reminnyi
Angel · 1 investments in Estonia Manufacturing startups

Sasha Reminnyi - General Manager - UiPath Marketplace @ UiPath

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Investment focus

  • Industry: Industrial, Manufacturing, Internet Radio
  • Stage:Pre-Seed, Angel
  • Geography: Estonia, Ukraine

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $525k–$579k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • HIMERA — A resilient communication system that operates in the most challenging conditions.
  • S.Lab — S.Lab creates eco-friendly and biodegradable packaging from mycelium and agricultural waste. This unique technology allows for the production of water- and heat-resistant materials that decompose in under 45 days.
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Aare Järvan
Angel · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Estonia Manufacturing startups

Aare Järvan

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Investment focus

  • Industry: Apps, Gaming, Mobile
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • 3DC.io — The 3D Design App for Schools
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Taavi Kotka
Angel · 1 investments in Estonia Manufacturing 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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Elar Nellis
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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Kersti Kaljulaid
Angel · Tallin, Harjumaa, Estonia · 1 investments in Estonia Manufacturing 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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Martin Tajur
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing 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: 17
  • 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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Toomas Bergmann
Angel · 1 investments in Estonia Manufacturing startups

Toomas Bergmann

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Investment focus

  • Industry: Quality Assurance, Hardware, Mobile Apps
  • Stage:Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 4
  • Round size: Seed $100k–$373k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.
  • Bolt — The smartest way to move around in cities. Forget expensive taxi rides or slow public transport. Get a ride in minutes. Download the Bolt app for iOS and Android.
  • mu-ray.tech — MuRay Tech generates a controlled muon beam to image inside solid metal and 3D printed pieces. Non-destructively. In minutes.
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Raivo Kütt
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing startups

Raivo Kütt

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Investment focus

  • Industry: Apps, Gaming, Mobile
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • 3DC.io — The 3D Design App for Schools
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Ergo Sooru
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing startups

Ergo Sooru

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Investment focus

  • Industry: Apps, Gaming, Mobile
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • 3DC.io — The 3D Design App for Schools
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Kuldar Väärsi
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing startups

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

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Investment focus

  • Industry: Water, Battery, Recycling
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

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.
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Artur Dianov
Angel · 1 investments in Estonia Manufacturing startups

Artur Dianov is a angel investor.

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Investment focus

  • Industry: Drones, Gaming, Computer
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $69k–$328k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gamecan — Gamecan is an innovative game development studio based in Pärnu, Estonia. Since our inception in 2014, we have been dedicated to creating immersive and engaging games using Unreal Engine. Our team of 60 talented developers, designers, and artists is on a mission to become a global flagship game development studio. We aim to build games that notonly inspire and entertain but also set new standards in the industry.
  • SKYCORP Technologies — Discover Skycorp's sustainable, hydrogen-powered drones designed for first response, agriculture, energy, and infrastructure applications.
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Taavi Veskimägi
Angel · 1 investments in Estonia Manufacturing startups

Taavi Veskimägi is a former member of the Estonian Parliament(2003-2009) and Minister of Finance from 2003 to 2005.

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Investment focus

  • Industry: Water, Battery, Recycling
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

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.
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Sergei Anikin
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Manufacturing startups

Sergei Anikin is the CEO of Tuum. He previously worked at Pipedrive as a Chief Technology Officer. Sergei Anikin attended TalTech – Tallinn University of Technology.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Estonia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.3M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Twenty (YC S23) — The #1 Open Source CRM for modern teams. Modular, scalable, and built to fit your business.
  • Twenty — The #1 Open Source CRM for modern teams. Modular, scalable, and built to fit your business.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
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Rain Rannu
Angel · San Francisco, California, United States · 1 investments in Estonia Manufacturing startups

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.

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Investment focus

  • Industry: Software, CRM, Film
  • Stage:Seed
  • Geography: United States, Estonia, Lithuania

Investor stats

  • Total investments: 7
  • Round size: Seed $346k–$4.4M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Bolt — The smartest way to move around in cities. Forget expensive taxi rides or slow public transport. Get a ride in minutes. Download the Bolt app for iOS and Android.
  • Teleport — Teleport builds software to move individuals to the best place to live and work. It enables users to explore the best cities based on their personal preferences, and lend them a hand with preparing and executing the move. The company aims to make physically rearranging the human population just as easy.
  • Digital Sputnik — Making Hollywood level virtual production simple, fast and budget-friendly. Without big screens and teams. Show anything real on any virtual background and let the AI lights sync with the background. For film makers, influencers, streamers and live event organizers.
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Manufacturing Angel investor funding in Estonia at a glance

Stats across 13 deals from 25 investors.

25
investors
in Estonia Manufacturing startups
13
deals
in Estonia Manufacturing startups
$1.9M
median round
in Estonia Manufacturing startups
4%
lead investors
lead at least one round
31%
Seed
most common funding stage

Access all 25 angel investors in Estonia Manufacturing startups.

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