# Ivo Remmelg

> Ivo Remmelg is a seed investor at NestCap (Tallinn) backing Mobile, Sports and FinTech. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [NestCap](https://shizune.co/investors/profile/nestcap)
- Location: Tallinn, Estonia
- Total investments: 5
- Last investment: Nov 2023
- Lead investor: 20%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ivoremmelg
- Facebook: https://www.facebook.com/ivo.remmelg

Ivo Remmelg is a Venture Partner at Superhero Capital and the Founding Partner of NestCap. Ivo Remmelgs, President of the Estonian Business Angel Network.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mobile | 1 | 20% |
| Sports | 1 | 20% |
| FinTech | 1 | 20% |
| Lending | 1 | 20% |
| Software | 1 | 20% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 40% |
| Angel | 2 | 40% |
| Pre-Seed | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 3 | 60% |
| Latvia | 1 | 20% |
| Norway | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Efenco | Efenco is developing game-changing Cold-Plasma-Assisted Carbon Neutral Combustion (CPA PAC) technology for industrial heat production to achieve a whole new level of efficiency and GHG emission reduction in the combustion of methane, hydrogen, and their mixtures. |  | Angel | Nov 16, 2023 |  |
| Gearbox Biosciences | Gearbox Biosciences is a biotechnology company that provides new technology for the decoupling of protein production from cell growth. Gearbox Biosciences was founded in 2021 and was headquartered in Tartu, Estonia. | $399.5K | Pre-Seed | Oct 13, 2023 |  |
| Jeff | Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other typesof digital footprint.Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score.The company was founded in 2019 and is located in Riga, Latvia. | $1M | Seed | Mar 23, 2021 |  |
| Sportlyzer | Sportlyzer is a player development and team management software for youth and amateur sports clubs. The platform connects coaches, managers, players and parents. |  | Seed | May 30, 2012 |  |
| Nordic Automation Systems | Nordic Automation Systems (NAS) is an industrial automation company. We believe in the world with precise data and less tedious repetitive manual tasks. We create sensor technologies, data analysis and monitoring solutions.LoRa® technology enables us to provide end-to-end LoRaWAN™ - smart metering, smart monitoring, smart city and industrialIoT applications. NAS has about 25 employees in it's Norwegian and Estonian offices and customers in every continent. |  | Angel |  |  |

5 of 5 investments shown.

## Co-investors
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 2 deals together
- [Tera Ventures](https://shizune.co/investors/profile/tera-ventures) — VC Fund, 1 deal together
- [UniTartu Ventures](https://shizune.co/investors/profile/unitartu-ventures) — VC Fund, 1 deal together
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund, 1 deal together

## About NestCap

VC Fund · Tallinn, Estonia

NestCap purchases profitable small and medium-sized enterprises with established business strategies that create long-term value. NestCap invests in established, successful SMEs with proven business strategies and long-term value creation in the Baltic Sea region and beyond, with a focus on three key business areas: industrial, services, andcommerce. NestCap intends to acquire a majority stake in order to keep it for the long term, ideally forever. They keep the original founders engaged and motivated to profit from post-acquisition performance by concentrating on processes, automation, digitalization, strategic management, and carbon footprint reduction. NestCap is headquartered in Tallinn, Estonia and was founded in 2021.

2 contacts available at NestCap.

| Name | Title | Profile |
| --- | --- | --- |
| Ivo Remmelg | Founding Partner | https://shizune.co/investors/profile/ivo-remmelg |
| Ott Jalakas | Founding Partner | https://shizune.co/investors/profile/ott-jalakas |

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## FAQ

### What does Ivo Remmelg invest in?

Ivo Remmelg invests primarily in Mobile, Sports and FinTech startups, most often at Seed and Angel stage. Most of the 5 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ivo Remmelg last invest?

The most recent investment recorded for Ivo Remmelg closed in Nov 2023. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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