# Top 50 Manufacturing Startup Investors in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Prototron | 10 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| Thorgate Ventures | 3 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech |
| 42CAP | 2 | Germany, France, Sweden | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, SaaS |
| Ambient Sound Investments | 2 | Estonia, United States, United Kingdom | Seed, Series A | Internet, Software, E-Commerce |
| Shellona | 2 | Estonia | Seed | Manufacturing |
| Change Ventures | 2 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Ministry of Economic Affairs and Communications for Estonia | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| Little Green Fund | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| BSV Ventures | 1 | Lithuania, Estonia, Finland | Pre-Seed, Seed | Software, Aerospace, Analytics |
| Kersti Kaljulaid | 1 | Estonia, Isle of Man | Seed | Gaming, Battery, Software |
| Specialist VC | 1 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Superangel | 1 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Blossom Capital | 1 | United States, United Kingdom, France | Series A, Seed, Series B | Software, SaaS, Artificial Intelligence |
| Raphaele Leyendecker Fabbri | 1 | France, Kenya, Belgium | Pre-Seed, Seed | Artificial Intelligence, Energy, Internet |
| Crosslight Partners | 1 | Sweden, Estonia | Seed | Biotechnology, B2B, Medical |
| EstBAN | 1 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing |
| Martin Henk | 1 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Artis Kehris | 1 | Estonia, Latvia, Australia | Seed, Pre-Seed | Information Technology, Information Services, Legal |
| Andrius Slimas | 1 | Spain, Estonia, Australia | Seed | Information Technology, Cooking, Jewelry |
| Sten Tamkivi | 1 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Manufacturing |
| Raivo Kütt | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| BADideas.fund | 1 | Estonia, Latvia, Lithuania | Pre-Seed, Seed, Grant | Software, Information Technology, Artificial Intelligence |
| Estonian venture capital | 1 | Estonia | Series A | Energy, CleanTech, Automotive |
| Ergo Sooru | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| Taavi Tamkivi | 1 | Estonia, Latvia, United Kingdom | Seed, Angel, Pre-Seed | Software, Financial Services, AgTech |
| Ott Kaukver | 1 | Estonia, United States, United Kingdom | Series A, Seed, Pre-Seed | Software, Financial Services, SaaS |
| Jaan Tallinn | 1 | United States, Estonia, United Kingdom | Seed, Series A | Software, Artificial Intelligence, Internet |
| Artur Dianov | 1 | Estonia | Pre-Seed | Drones, Manufacturing |
| Toomas Kõuhkna | 1 | Estonia | Seed | Battery, Electronics, Manufacturing |
| UP Invest | 1 | Estonia | Series A | Energy, CleanTech, Automotive |
| Leovegas | 1 | Sweden, Estonia, United Kingdom | Seed, Pre-Seed | Gaming, SaaS, Gambling |
| Kaamos | 1 | Estonia | Pre-Seed | Manufacturing, Battery, CleanTech |
| Amalfi Capital | 1 | Estonia, Finland, Ireland | Seed, Series A | Beauty, Health Care, Location Based Services |
| Aare Järvan | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| Sergei Anikin | 1 | Estonia | Pre-Seed, Series A, Series B | SaaS, Software, Manufacturing |
| SOSV | 1 | United States, India, United Kingdom | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software |
| Taavi Veskimägi | 1 | Estonia |  | Water, Battery, Recycling |
| Justin Jenk | 1 | Estonia | Seed | Battery, Electronics, Manufacturing |
| Taavi Kotka | 1 | Estonia | Pre-Seed, Seed, Angel | Electronics, Battery, FinTech |
| Tallinn University of Technology (TalTech) | 1 | Estonia | Pre-Seed | CleanTech, GreenTech, Manufacturing |
| Syda Ventures | 1 | Estonia | Pre-Seed | Drones, Manufacturing |
| Enterprise Estonia | 1 | Estonia | Grant, Seed, Pre-Seed | Biotechnology, Software, Mobile Apps |
| Elar Nellis | 1 | Latvia, Estonia, United States | Seed, Angel, Pre-Seed | Software, CAD, SaaS |
| Superhero Capital | 1 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet |
| Opus11 VC | 1 | Estonia | Seed, Pre-Seed | Battery, Electronics, Manufacturing |
| Tera Ventures | 1 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Artificial Intelligence |
| Lemonade Stand | 1 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| Destiny Energy | 1 | Estonia | Pre-Seed | Drones, Manufacturing |
| Sarona Ventures | 1 | Israel, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, Information Technology, SaaS |
| Atomico | 1 | United Kingdom, United States, Germany | Series A, Series B, Series C | Software, Artificial Intelligence, Information Technology |