# Top 40 Sustainability Angel Investors in Estonia in June 2026

## Kristjan Raude
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Software, Automotive, Internet of Things

I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.

## Alvar Lumberg
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

Alvar Lumberg - CTO, co-founder @ Grünfin

## Markku Jääskelainen
- Type: Angel
- Location: Miami, Florida, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Drones, Big Data, Software

Markku Jääskelainen.

## Madis Müür
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding, Pre-Seed
- Focus: Apps, Cycling, Security

Madis Müür

## Andrus Purde
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Apps, Internet

Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.

## Martin Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, FinTech, Education

Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school.
Read more from http://martinvillig.com

## Ragnar Sass
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Software, SaaS

Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.

## Kuldar Väärsi
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Water, Battery, Fuel Cell

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

## Taavi Veskimägi
- Type: Angel
- Relevant deals: 2
- Focus: Water, Battery, Recycling

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

## Kair Käsper
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Financial Services

Kair Käsper

## Nick van der Kolk
- Type: Angel
- Relevant deals: 1
- Focus: Analytics, Blockchain, Ad Targeting

Nick van der Kolk

## Tomer Warschauer Nuni
- Type: Angel
- Location: Herzliya, Tel Aviv, Israel
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain, Analytics, Ad Targeting

Tomer Warschauer Nuni is a distinguished figure in the digital marketing and blockchain sectors, boasting over two decades of experience. Known for his innovative approach to GameFi and DeFi, Tomer has carved out a niche as a forward-thinking leader in the Web3 revolution. His career is highlighted by successful exits and strategic investments thatunderscore his knack for harnessing the power of emerging technologies.As a strategic advisor, Tomer applies his vast experience and visionary insight to propel his portfolio companies forward. He specializes in bridging the gap between complex blockchain innovations and market needs, crafting strategies that resonate with diverse audiences. Tomer's 25 years of digital marketing experience and his passion for blockchain technologies make him an invaluable asset to any project he advises.With two successful exists and dozens of successful project token listings, his contributions extend beyond business achievements; Tomer is also a respected voice in the industry, sharing his expertise through articles and thought leadership in Forbes and Cointelegraph.As an angel investor and strategic advisor, he leverages his vast network and expertise to support and drive growth for his portfolio companies and foster an environment of ecosystem collaborations, business innovations, and partnership excellence.Various well-known industry names are among his portfolio companies, in which he also serves as a strategic advisor, such as ChainGPT, GT Protocol, Cookie3, Kima Network, Bubblemaps, Glyph, Omnia Protocol, Eesee, Legends, Shieldeum, Cluster Protocol, Oddin, Zyfi, Octavia, Ironblocks, Aspis Finance, Bondex, Pink Moon Studios, Uncaged Studios, Aether Games, Engines of Fury, Galaxy Games, Ethernity, Terminal, and many others.

## Ahmed Faruk Karslı
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Art, Retail

Ahmed Karslı is the chairman of the board at Papara.

## Uğur Şeker
- Type: Angel
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Marketing, Gaming, Big Data

Uğur Şeker

## Janis Krums
- Type: Angel
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Big Data, SaaS, FinTech

Janis Krums is a Venture Partner at change ventures.

## Taavi Madiberk
- Type: Angel
- Location: Dresden, Sachsen, Germany
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, SaaS

Taavi Madiberk is the Co-Founder and Chief Executive Officer at Skeleton Technologies. His business development, sales and marketing and company management skills have been instrumental in setting-up and driving growth. He has been the driving force for excellent customer traction, (the company counts as customers European Space Agency and severalTier 1 automotives), business strategy (leveraging the advantage in materials technology to energy storage cells and modules), product development and fundraising from venture capital, private equity and public sources in German, Estonian and EU level. Taavi Madiberk brings knowledge from the IT, locomotive and NGO sectors from his experience prior to Skeleton Technologies. Among other Board positions he has served as the youngest ever Chairman of the Supervisory Board in Estonian Railways Ltd (AS Eesti Raudtee) from 2012-2014 the national railway. He also served as a Member of the Supervisory Board of RKAS in 2014, an Estonian state-owned real estate company with over 400 M EUR of assets.

## Martin Kõiva
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, SaaS, Audio

Martin Kõiva is the Co-Founder and CEO at Klaus.

## Karin Nemec
- Type: Angel
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, GreenTech, Health Care

Karin Nemec is the Founder and CEO.Karin Nemec attended IESE Business School.

## Rius Chua
- Type: Angel
- Relevant deals: 1
- Focus: Analytics, Blockchain, Ad Targeting

Rius Chua

## 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.

## Taavet Hinrikus
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: FinTech, Software, Financial Services

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.

## Zem Joaquin
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Waste Management, Packaging Services

Zem Joaquin

## Triin Hertmann
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: FinTech, Software, E-Commerce

Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype.

## Bryan Meehan
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Biotechnology, Sustainability, Farming

Bryan Meehan is the Co-Founder of NUDE Skincare.

## Erman Turan
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: CRM, Apps, Mobile

Erman Turan is an investor at Ekmob.

## Kaarel Kotkas
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, Gaming, 3D Technology

Kaarel Kotkas is a Co-Founder and CEO at Veriff.

## Martin Tajur
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Recruiting

Martin Tajur is the co-founder of Pipedrive.

## 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 .

## Priit Viru
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Music, Events, Sports

Priit Viru

## Margus Kohava
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Natural Resources, Environmental Consulting

Margus Kohava is the head of the Estonian Forest and Wood Industries Association.

## Artis Kehris
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Information Services, Legal

Artis Kehris - Co-Founder @ Printify

## Kairi Pauskar
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Software, Sustainability, Financial Services

Kairi Pauskar

## 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.

## Priit Piilmann
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: Power Grid, Building Material, Natural Resources

Priit Piilmann

## Sebastien Borget
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Gaming, Cryptocurrency

Sebastien Borget is the Co-founder and COO of Pixowl. Passionate for blockchain technology, gaming and education, he is a very active speaker and evangelist who spent the past 8 years focused exclusively on mobile gaming, creating successful games that were downloaded millions of times.

## Ahmet Bilgen
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Education, E-Commerce, Sharing Economy

Ahmet Bilgen Turkish Cypriot entrepreneur and angele investor. 
He lives in Famagusta-North Cyprus. He finished primary school and high School in Famagusta. He has been a very active person all throughout his life,  he received a Black Belt II. Dan in TaeKwon-do, played in the local soccer team while studying at Canbulat high school. Ahmet was alsohelping his family with their farming business by selling the produce to shops, making some money in the meanwhile which he used to buy his first bicycle, first ball or his first pair of sneakers. Ahmet graduated with Bsc in Applied Marth and Computer Science from Eastern Mediterranean University (EMU) in 1993. Between 1993 and 1995 he got his Masters degree in Computer Science. Right after he started his PhD degree in Computer Science but decided to quit academia after his first semester. During his masters and PhD degrees, he took part in developing intelligent user interfaces and inmemory data concepts for mobile devices. After leaving academic life, Ahmet worked in various IT companies for about 2 years and then joined SAP where he had his first professional work experience. Ahmet joined SAP Turkey as the Technology Consultant, and therefore took part in the implementation of more than 100 SAP projects with companies like Yaşar, Koç, Sabancı, Havelsan, Arena etc. as these were the first implementers of SAP ERP in Turkey. During his tenure at SAP, he worked in various roles such as technical consultant, business analyst, project and team manager and architect.
Ahmet, after working at SAP for 2 years and getting enough project experience and honing on his technical skils, he decided to set up FIT “Future Information Technology” Solutions together with 3 of his friends in 1999. By the end of 1999 FIT had already made its first million USD revenue. FIT has integrated Turkey’s most important e-commerce platform named “Arena Computer Supplier Portal” with SAP. This was featuted as an international success story by SAP Inside magazine in 2001. FIT Solutions(lately became Foriba)  has a lot of experience from completing many software integration projects. Working with the top 250 companies also gives the company the advantage to have a more extensible, scalable, sustainable and supportable product. These experiences and know-how attained over the years put the company in an advantageous position to achieve end-to-end e-invoicing solutions.  
in 2019 Ahmet Bilgen exited from Foriba.
Foriba did:
 - Series A With Revo Capital
 - Series B With Revo, IFC, Endeavor Catalyst
 - Exit

## Janer Gorohhov
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Waste Management, Packaging Services

Janer Gorohhov is based out of Tallinn, Harjumaa and is the CEO & Co-Founder of Roleo. Janer previously worked at Veriff as a CPO & Co-Founder. Janer Gorohhov attended the University of Tartu.

## Miko Matsumura
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, FinTech

Miko Matsumura is a General Partner at gumi Cryptos Capital (gCC) a blockchain focused venture capital firm

## Alejandro Jimenez
- Type: Angel
- Relevant deals: 1
- Stages: Angel
- Focus: Waste Management, Packaging Services

Alejandro Jimenez

## Ali Can Kaya
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Marketing, E-Commerce, Peer to Peer

Ali Can Kaya
