# Top 50 Transportation Startup Investors in Estonia in June 2026

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 7
- 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

## Thorgate Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 5
- 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

## Kristjan Raude
- Type: Angel
- Relevant deals: 4
- 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.

## Specialist VC
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

United Angels VC is an early stage venture capital fund based in Estonia.

## Metaplanet
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Artificial Intelligence, Software, Health Care

an early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors. We back mission-driven founders working on positively disruptive deep technologies.

## Expansion Capital
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 3
- Stages: Seed, Debt Financing
- Focus: Manufacturing, Logistics, Transportation

Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.

## Contrarian Ventures
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Renewable Energy, Energy

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

## Lemonade Stand
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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.

## Martin Henk
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

Martin Henk is the Co-founder of Pipedrive.

## Mitesh Nandlaskar
- Type: Angel
- Location: Mumbai, Maharashtra, India
- Relevant deals: 2
- Stages: Seed, Series A, Angel
- Focus: Manufacturing, Sports, Fitness

Mitesh Nandlaskar is a seasonal Angel investor and Private equity professional. He is known for investing in early to mid-market deals, late stage Pre IPO deals.

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

Markku Jääskelainen.

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- 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€.

## 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.

## Sunly
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Solar, CleanTech, Rental

Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup.

## Bellone Invest
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Angel, Convertible Note
- Focus: Software, SaaS, Music

Bellone Invest is founded by Thomas Padovani, focusing on private investments & other investment areas. Including centralized traded and Private Equity.

## SpeedUp Venture Capital Group
- Type: VC Fund
- Location: Poznan, Wielkopolskie, Poland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Artificial Intelligence

We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon.We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.

## Märt Kelder
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Information Technology, Software, Transportation

founder at Voog.

## Funderbeam
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Apps, FinTech, Software

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

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

Madis Müür

## Spring Capital
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, E-Commerce

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

## Nicklas Haslestad
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Logistics, Transportation

Nicklas Haslestad

## International Finance Corporation
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, FinTech

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

## Vestman Energia
- Type: VC Fund
- Location: Viljandi, Viljandimaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Water, Software, CleanTech

Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.

## Atomico's Angel Programme
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, B2B, SaaS

investment firm

## Martin Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- 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

## PULSAR
- Type: VC Fund
- Location: Kazan, Tatarstan, Russian Federation
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Internet, Information Technology

Pulsar Venture Capital, a business acceleration program, offers financing and mentorship to clean tech, robotics, and electronics startups.

## Jevgeni Kabanov
- Type: Angel
- Location: Tartu, Tartumaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Health Care, E-Commerce, Apps

Jevgeni Kabanov is the President of Bolt. He previously worked at Sabbatical as a Wandering Musician. Jevgeni Kabanov attended the University of Tartu.

## RubyLight
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Apps, Mobile, E-Commerce

RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors.

## Martin Sokk
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Rental, FinTech, Finance

Martin Sokk is a Co-Founder, CEO of Lightyear Company. He attended Estonian Information Technology College.

## Prototron
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- 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.

## Rain Rannu
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Software, CRM, Digital Signage

Rain Rannu has been a long-time serial entrepreneur in the mobile payments space ever since founding his first company back in 2000. In 2007 he  founded Fortumo, the fast-growing mobile payments service for digital and virtual content now available in more than 80 countries. They have recently raised funding from Intel Capital and GreycroftPartners, and are employing more than 60 people in Estonia, Beijing and San Francisco. Rain Rannu has also been an active member in the Estonian startup scene as a founder of Garage48, among other things.

## Marko Oolo
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: AgTech, Mobile, Parking

Marko Oolo is the General Partner at Superangel. Marko Oolo attended TalTech – Tallinn University of Technology.

## Concentric
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Financial Services, Software, Bitcoin

We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter.

## Marek Kiisa
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Transportation

Marek Kiisa is Co-Founder and Managing Partner at NordicNinja VC.

## Correlation Ventures
- Type: VC Fund
- Location: San Diego, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Information Technology

Reimagining our industry. So our clients can disrupt theirs.

## HEM ANGELS
- Type: VC Fund
- Location: Mumbai, Maharashtra, India
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, Apps, Manufacturing

Hem Angels is a part of Hem Securities Limited, which holds experience of 4 decades in Financial Markets. Hem Angels as an angel investment platform intends to co-invest along with the lead investors. 

## Toomas Bergmann
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Hardware, Mobile Apps, Construction

Toomas Bergmann

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

## 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.

## Veljo Otsason
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Identity Management, Information Technology, Film

Veljo Otsason is Estonian entrepreneur and investor. In 2007 he co-founded mobile payments company Fortumo and served as its CTO. Since 2013 he has been active angel investor and early backer of Bolt (formerly Taxify), Monese, Veriff, Pipedrive & 30+ others. In 2018 he co-founded Superangel, early-stage seed fund and company builder.

## Stagnation Lab
- Type: VC Fund
- Relevant deals: 1
- Stages: Angel
- Focus: SaaS, Software, Procurement

Stagnation Lab

## Oliver Ahlberg
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Software, Information Technology, Artificial Intelligence

Oliver Ahlberg is the Co-Founder and Chief Operating Officer of Skeleton Technologies. He has assured excellent operational capabilities and played a critical role in the development of internal procedures which have kept the company on the forefront of energy storage development. He has had an integral role in securing VC funding and settingup the company's R&D Center in Estonia. Additionally he plays a central role in the company's IT capabilities, production systems and processes and daily administration of the company. Leading the pilot production of the company, he also offers input in product development and has led production optimization efforts. Oliver Ahlberg has previously worked in the IT and law sector in San Fransisco, USA and Tallinn, Estonia. He has co-founded digital media company Vigvam Studio and a daily deals site acquired by the market leader in 2010. Oliver Ahlberg has earned a law degree from University of Tartu.

## Mada Arslan
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Convertible Note, Series A
- Focus: Apps, Sports, Consumer Goods

Prior to Id4 ventures Mada was Head of Financial Control & Compliance at Leap Ventures and consultant at Lebanese central bank Banque Du Liban.
Before that, she spent 3 years as an auditor at PwC. Mada holds a BBA with an emphasis in accounting & an MBA from the American University of Beirut and is a Certified Public Accountant licenseefrom the State of New Hampshire USA.

## F+ Ventures
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Automotive, Manufacturing

F+ Ventures is Fark Labs’ venture capital arm, which invests in late seed and Series A startups within the smart mobility ecosystem that provide disruptive solutions through superior technologies and/or unique business models.

## Espen Getz Harstad
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Logistics, Transportation

Espen Getz Harstad is the Founder & CEO at Brandpad. Espen Getz Harstad attended Kristiania University College.

## Lux Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, Health Care

Lux Capital manages over $5 billion in assets focused on founding, seed, early-stage, and growth investments at the intersection of technology and the sciences. Lux takes an active role in helping entrepreneurs build successful businesses in high-growth sectors. Its investment team has built over 20 companies from scratch. Lux's investmentstrategy ensures portfolio companies are better connected, have a deeper insight, and command industry leadership faster than their competitors.

## Angelsdeck Global Ventures
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Artificial Intelligence, Software, Education

AngelsDeck Global Ventures. Joint investments and exclusive community.AngelsDeck was created:01 For comfortable and mutually beneficial communication among its members, who share venture capital and self-development values. 02 For priority access to venture capital deals with a recommendation from trusted syndicators.03 By and forinvestors who have an impeccable business reputation and capital transparency.Our Values:* Expertise * We are proud of our members' combined expertise. We create and maintain an environment where all members can conveniently and comfortably share their valuable knowledge.* Exclusivity *  In the venture capital market, there is a lot of competition among investors for promising projects. We showcase exclusive deals that are not on the surface.* Syndication * We have created a marketplace where experienced syndicate investors can compete for members' attention by the quality of their deals. Everyone can try the role of a syndicator.* Communication * "As a fish needs water, an investor needs a network," and we have created an exclusive club with a unique atmosphere of online and offline communication between members of equal enthusiasm, aspiration, and motivation.

## Bain Capital
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Software, Health Care, Financial Services

Bain Capital is a multi-asset alternative investment firm with assets under management and operates business units that create value through private equity, public equity, credit, and venture capital across multiple sectors and industries.

## 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.

## Ragnar Sass
- Type: Angel
- Relevant deals: 1
- 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.
