# Top 50 Manufacturing Startup Investors in Estonia in June 2026 ## Prototron - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 10 - 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. ## Thorgate Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, FinTech We invest both capital and our know-how into startups. Join us and let's change the world ## 42CAP - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, SaaS We are peers amongst entrepreneurs helping the brave to build game-changing companies, just like we have done ourselves. ## Ambient Sound Investments - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Series A - Focus: Internet, Software, E-Commerce Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle. ## Shellona - Type: VC Fund - Location: Ramatuelle, Provence-Alpes-Cote d'Azur, France - Relevant deals: 2 - Stages: Seed - Focus: Manufacturing Shellona offers a musical atmosphere inspired by trends from Ibiza & Mykonos. ## 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. ## Ministry of Economic Affairs and Communications for Estonia - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed - Focus: CleanTech, GreenTech, Manufacturing 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. ## Little Green Fund - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed - Focus: CleanTech, GreenTech, Manufacturing Little Green Fund invests in companies that are good for the Earth, with teams that can get big things done. ## BSV Ventures - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, Aerospace, Analytics Baltic Sandbox Ventures is an early-stage VC dedicated to developing the Deep Tech and Life Science ecosystem in the Baltic region. Our focus is on early-stage individuals and teams that are engaged in research and development and are seeking to address complex technical challenges with significant potential for commercial applications. ## Kersti Kaljulaid - Type: Angel - Location: Tallin, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed - Focus: Gaming, Battery, Software 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. ## Specialist VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence United Angels VC is an early stage venture capital fund based in Estonia. ## 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 ## Blossom Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Artificial Intelligence Blossom Capital is a Series A venture capital firm that invests in European founders building global businesses. ## Raphaele Leyendecker Fabbri - Type: Angel - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Artificial Intelligence, Energy, Internet Managing Director at Techstars Sustainability Paris l Entrepreneur & investor ## 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. ## EstBAN - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Information Technology, Manufacturing 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 ## Martin Henk - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Information Technology Martin Henk is the Co-founder of Pipedrive. ## Artis Kehris - Type: Angel - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Information Technology, Information Services, Legal Artis Kehris - Co-Founder @ Printify ## Andrius Slimas - Type: Angel - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 1 - Stages: Seed - Focus: Information Technology, Cooking, Jewelry 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. ## Sten Tamkivi - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Manufacturing 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. ## Raivo Kütt - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Angel - Focus: Apps, Gaming, Mobile Raivo Kütt ## BADideas.fund - Type: VC Fund - Relevant deals: 1 - Stages: Pre-Seed, Seed, Grant - Focus: Software, Information Technology, Artificial Intelligence BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition. ## Estonian venture capital - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Series A - Focus: Energy, CleanTech, Automotive Estonian venture capital provides support to entrepreneurs, fund managers, institutional investors. ## Ergo Sooru - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Angel - Focus: Apps, Gaming, Mobile Ergo Sooru ## Taavi Tamkivi - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Financial Services, AgTech Taavi Tamkivi was Helping in Banks & FinTechs fight FinCrime. also a Founder & CEO at Salv . ## Ott Kaukver - Type: Angel - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Pre-Seed - Focus: Software, Financial Services, SaaS Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School. ## Jaan Tallinn - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Artificial Intelligence, Internet Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute. ## Artur Dianov - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: Drones, Manufacturing Artur Dianov is a angel investor. ## Toomas Kõuhkna - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Battery, Electronics, Manufacturing Toomas Kõuhkna ## UP Invest - Type: VC Fund - Location: Laagri, Harjumaa, Estonia - Relevant deals: 1 - Stages: Series A - Focus: Energy, CleanTech, Automotive UP Invest company focusing on investments in health care, media, consumer brands real estate and cleantech venture capital. ## Leovegas - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Gaming, SaaS, Gambling Leovegas is a Swedish mobile gaming company and provider of online casino and sports betting services. LeoVegas casino provides world-class entertainment and offers over 800+ games on mobile, tablet and computer. ## Kaamos - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed - Focus: Manufacturing, Battery, CleanTech Kaamos is an investment management firm that invests in the construction, real estate, energy sector, and wood industry. ## Amalfi Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Seed, Series A - Focus: Beauty, Health Care, Location Based Services International Technology Investment Fund ## Aare Järvan - Type: Angel - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 1 - Stages: Angel - Focus: Apps, Gaming, Mobile Aare Järvan ## Sergei Anikin - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed, Series A, Series B - Focus: SaaS, Software, Manufacturing 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. ## SOSV - Type: VC Fund - Location: Princeton, New Jersey, United States - Relevant deals: 1 - Stages: Seed, Convertible Note, Pre-Seed - Focus: Biotechnology, Health Care, Software SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment. ## Taavi Veskimägi - Type: Angel - Relevant deals: 1 - Focus: Water, Battery, Recycling Taavi Veskimägi is a former member of the Estonian Parliament(2003-2009) and Minister of Finance from 2003 to 2005. ## Justin Jenk - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed - Focus: Battery, Electronics, Manufacturing Justin Jenk is the Senior Managing Partner of Raktas OU. ## Taavi Kotka - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Electronics, Battery, FinTech 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. ## Tallinn University of Technology (TalTech) - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed - Focus: CleanTech, GreenTech, Manufacturing Tallinn University of Technology is a technological university that offers engineering, business, and public administration programs. ## Syda Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Pre-Seed - Focus: Drones, Manufacturing Syda Ventures focuses on investing in pre-seed and seed stage startups. ## Enterprise Estonia - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Grant, Seed, Pre-Seed - Focus: Biotechnology, Software, Mobile Apps Enterprise Estonia (EAS), established in 2000, promotes business and regional development in Estonia. Enterprise Estonia is one of the largest institutions within the national support system for entrepreneurship, providing financial assistance, advisory, cooperation opportunities and training for entrepreneurs, research establishments, public andthird sector. ## Elar Nellis - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Software, CAD, SaaS 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. ## Superhero Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Internet Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€. ## Opus11 VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Battery, Electronics, Manufacturing Opus11 VC is an Investment firm. ## Tera Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Artificial Intelligence Tera Ventures is an international investment firm based in Estonia. ## Lemonade Stand - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech 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. ## Destiny Energy - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Pre-Seed - Focus: Drones, Manufacturing Destiny Energy is a renewable energy Solutions platform. ## Sarona Ventures - Type: VC Fund - Location: Tel Aviv, Tel Aviv, Israel - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, SaaS Sarona Ventures is a venture capital firm based in Tel Aviv, Israel. The firm is a "people-first" investor, seeking founding teams with strong execution capabilities. The firm's investment scope focuses on enterprise software, and most of their deals concentrate on building the future of business with AI, helping companies operatemore efficiently, save money, and drive revenue. ## Atomico - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, Information Technology Atomico invests in innovative technology companies around the world.