# Kuldar Väärsi

> Kuldar Väärsi is a funding round investor at Milrem Robotics backing Manufacturing and Water. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Milrem Robotics](https://shizune.co/investors/profile/milrem-robotics)
- Location: Tallinn, Estonia
- Total investments: 5
- Last investment: Jun 2026
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/kuldar-v%C3%A4%C3%A4rsi-0687b4b4

Kuldar Väärsi is a funding round investor at Milrem Robotics in Tallinn focused on Manufacturing and Water. Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 40% |
| Water | 1 | 20% |
| Battery | 1 | 20% |
| Fuel Cell | 1 | 20% |
| Recycling | 1 | 20% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 2 | 40% |
| Seed | 1 | 20% |
| Pre-Seed | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vegvisir | Vegvisir offers a 360-degree situational awareness system using XR tech for manned vehicles in defense and security sectors. |  | Venture - Series Unknown | Jun 29, 2026 |  |
| GaltTec | GaltTec focuses on developing and marketing microtubular solid oxide fuel cells. GaltTec specializes in drones, off-grid equipment, IoT, portable devices, and space equipment. GaltTec was founded in 2022 and was headquartered in Tartu, Estonia. | $1M | Pre-Seed | Feb 28, 2025 |  |
| VOOL | VOOL is an EV charging solution that provides business and private customers with dependable, smart, and cost-effective charging. | $3.2M |  | Sep 07, 2023 |  |
| Spacedrip | Spacedrip is the creator of wastewater treatment robots that turn wastewater into pristine water. It attempts to give communities living in water-stressed areas or areas cut off from the main sewerage system with reusable water and sanitary facilities. | $1.6M |  | May 02, 2023 |  |
| Spacedrip | Spacedrip is the creator of wastewater treatment robots that turn wastewater into pristine water. It attempts to give communities living in water-stressed areas or areas cut off from the main sewerage system with reusable water and sanitary facilities. | $1.7M | Seed | May 02, 2023 |  |

5 of 5 investments shown.

## Co-investors
- [Eigenkapital](https://shizune.co/investors/profile/eigenkapital) — VC Fund, 2 deals together
- [Vestman Energia](https://shizune.co/investors/profile/vestman-energia) — VC Fund, 2 deals together
- [2C Ventures](https://shizune.co/investors/profile/2c-ventures) — VC Fund, 1 deal together
- [Amalfi Capital](https://shizune.co/investors/profile/amalfi-capital) — VC Fund, 1 deal together
- [Bitsick OÜ](https://shizune.co/investors/profile/bitsick-o%C3%BC) — VC Fund, 1 deal together
- [DefCAP OÜ](https://shizune.co/investors/profile/defcap-o%C3%BC) — VC Fund, 1 deal together

## About Milrem Robotics

VC Fund · Tallinn, Estonia

Milrem Robotics is an Estonian company specializing in the manufacture of unmanned ground vehicles, the development of robotic warfare solutions, and the performance of concept of operations and doctrine-level warfare analysis.

5 contacts available at Milrem Robotics.

| Name | Title | Profile |
| --- | --- | --- |
| Indrek Hirvlaan | Team Lead | https://shizune.co/investors/profile/indrek-hirvlaan |
| Kuldar Väärsi | Founder & CEO | https://shizune.co/investors/profile/kuldar-v%C3%A4%C3%A4rsi |
| Mart Noorma | Science and Development Director | https://shizune.co/investors/profile/mart-noormaa |
| Michael Krutina | Chief Sales Officer | https://shizune.co/investors/profile/michael-krutina |
| Mikk Mägi | Chief Financial Officer | https://shizune.co/investors/profile/mikk-m%C3%A4gi |

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## FAQ

### What does Kuldar Väärsi invest in?

Kuldar Väärsi invests primarily in Manufacturing, Water and Battery startups, most often at Funding Round and Seed 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 Kuldar Väärsi last invest?

The most recent investment recorded for Kuldar Väärsi closed in Jun 2026. 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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