# Top 35 Transportation VC (Venture Capital) Funds in Estonia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Superangel | 7 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| Thorgate Ventures | 5 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech |
| Specialist VC | 4 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Metaplanet | 3 | United States, United Kingdom, Estonia | Seed, Series A, Series B | Artificial Intelligence, Software, Health Care |
| Expansion Capital | 3 | Latvia, United States, Norway | Seed, Debt Financing | Manufacturing, Logistics, Transportation |
| Contrarian Ventures | 3 | Lithuania, United Kingdom, France | Seed, Series A, Pre-Seed | Software, Renewable Energy, Energy |
| Funderbeam | 2 | Estonia, United Kingdom | Seed, Pre-Seed, Equity Crowdfunding | Apps, FinTech, Software |
| Lemonade Stand | 2 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| Sunly | 2 | Estonia, France, Finland | Seed, Pre-Seed | Solar, CleanTech, Rental |
| Spring Capital | 2 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce |
| Bellone Invest | 2 | Estonia, Singapore, United States | Pre-Seed, Angel, Convertible Note | Software, SaaS, Music |
| Superhero Capital | 2 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet |
| SpeedUp Venture Capital Group | 2 | Poland, United States, Czech Republic | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence |
| Prototron | 1 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things |
| Atomico's Angel Programme | 1 | Estonia, Germany, Norway | Pre-Seed, Seed, Angel | Software, B2B, SaaS |
| Icebreaker.vc | 1 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence |
| TMT Investments | 1 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media |
| Correlation Ventures | 1 | United States, Canada, Estonia | Seed, Series A, Series B | Software, Health Care, Information Technology |
| UP Invest | 1 | Estonia | Series A | Energy, CleanTech, Automotive |
| Estonian venture capital | 1 | Estonia | Pre-Seed, Series A | Energy, Software, CleanTech |
| HEM ANGELS | 1 | India, United Kingdom, Estonia | Seed, Series A | Financial Services, Apps, Education |
| International Finance Corporation | 1 | India, Brazil, United States | Debt Financing, Series B | Financial Services, Finance, FinTech |
| Ambient Sound Investments | 1 | Estonia, United States, United Kingdom | Seed, Series A | Internet, Software, E-Commerce |
| F+ Ventures | 1 | Turkey, United States, Israel | Seed, Series A, Pre-Seed | Software, Automotive, Manufacturing |
| Concentric | 1 | United Kingdom, United States, Germany | Seed, Series A, Series B | Financial Services, Software, Bitcoin |
| RubyLight | 1 | Estonia, Germany, United Kingdom | Seed, Series A, Pre-Seed | Apps, Mobile, E-Commerce |
| Initialized Capital | 1 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, SaaS, Artificial Intelligence |
| Lux Capital | 1 | United States, United Kingdom, Canada | Series A, Seed, Series B | Software, Artificial Intelligence, Health Care |
| SQM Lithium Ventures | 1 | Estonia, Germany | Series A, Seed, Series B | Rental, Mineral, Hardware |
| Stagnation Lab | 1 | Estonia | Angel | SaaS, Software, Procurement |
| Sberbank | 1 | Russian Federation, United States, The Netherlands | Seed, Corporate Round | Internet, Information Technology, Software |
| Vestman Energia | 1 | Estonia | Pre-Seed, Seed | Water, Software, CleanTech |
| Angelsdeck Global Ventures | 1 | United States, Russian Federation, United Kingdom | Seed, Pre-Seed, Angel | Artificial Intelligence, Software, Education |
| PULSAR | 1 | Russian Federation, United States, Ireland | Seed, Pre-Seed | Software, Internet, Information Technology |
| Tera Ventures | 1 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Artificial Intelligence |