# Top 25 Construction Startup Investors in Estonia in May 2026 ## Martin Tajur - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Recruiting Martin Tajur is the co-founder of Pipedrive. ## Superangel - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, FinTech Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io ## Lemonade Stand - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: Software, SaaS, 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. ## Thorgate Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology We invest both capital and our know-how into startups. Join us and let's change the world ## Sunly - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Solar, CleanTech, Hardware Sunly creates wind & solar parks by engaging local communities. Also, Sunly boosts cleantech startups via capital, know-how and networks. ## Martin Henk - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Information Technology Martin Henk is the Co-founder of Pipedrive. ## Indrek Kasela - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Angel - Focus: Hardware, Software, Insurance Indrek Kasela - investor @ Luup Culture ## Foreword Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series B - Focus: Software, FinTech, Financial Services Foreword Ventures is an early-stage micro fund backing startups throughout their initial chapters. Foreword commits to adding value far beyond the small checks they write by devoting time, reputation, and capital to clients' success. Foreword typically invests in the pre-seed and seed stages, but can also invest in Series A and beyond whenthere is an existing relationship with the founder or co-investor. ## Foundamental - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Construction, Software, Real Estate The global investor in construction, mining and renovation technology. ## Magnus Hiie - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: SaaS, Software, Construction Magnus Hiie - Member @ Founders Pledge ## Gonzalo Manrique - Type: Angel - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Recruiting, B2B, Software Gonzalo Manrique is Co-Founder and Co-CEO at IronHack. ## Hansa Group - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed - Focus: Hardware, Construction, Machine Learning Maailm liigub - The world is moving ## Anthony Danon - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Apps, Construction, Artificial Intelligence Anthony caught the entrepreneurial bug while working at a Fintech startup in the Enterprise SaaS cashflow management space. He joined Anthemis in June 2014, where he collected a range of experiences in his first year – from M&A in the payments space to innovation consulting for banks and portfolio support in the VC environment. During thefollowing years at Anthemis, Anthony focused on sourcing, evaluating and executing seed and series A fintech investments, primarily in European companies such as TrueLayer and Tide. Anthony supported startups in areas ranging from milestone planning and strategy, to business development and follow-on capital support. He isalso an active part of Seedcamp’s Investment Forum and a mentor to some of their portfolio companies. ## Carmen Alfonso Rico - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Information Technology, Software, Gaming Lucky friend, family girl. Always chasing the “why” and “so what” of everything. Food explorer. Book lover. My Spotify running playlist is embarrassing. Obsessed with the power of communities and looking for #customerlove in the weirdest places. Lawyer and economist, previously @MorganStanley, @FelixCapital. Launched a D2C brand from my living room(RIP). From Spain but call London home. I collect exotic stamps on my passport. ## Andreas Klinger - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Marketplace Hello, my name is Andreas Klinger.I am leading the eng team @ On Deck (beondeck.com). Previously I led things related to eng, product & remote @ producthunt.com, angel.co and coinlist.co. If you want to reach me please use twitter @andreasklinger ## Spring Capital - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, E-Commerce, SaaS 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. ## Sillever OÜ - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Hardware, Construction, Machine Learning Sillever OÜ operates as an investment firm. ## Declan Kelly - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, Information Technology Founder of Foreword.vc, an early-stage micro fund backing startups throughout their initial chapters. Also advisor at Web Summit and EiR at Seedcamp. Previously covering Europe for Techstars Ventures and founding member of Web Summits venture fund, Amaranthine. ## Change Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Apps We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world. ## Passion Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, FinTech, Financial Services Passion Capital is an early stage venture capital firm based in London. ## Amalfi Capital - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Seed, Series A - Focus: Beauty, Hardware, Aerospace International Technology Investment Fund ## Zenith Family Office - Type: VC Fund - Relevant deals: 1 - Stages: Pre-Seed - Focus: Commercial Real Estate, SaaS, B2B Independent wealth management company devoted to handling the investments and personal needs of wealthy individuals ## 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. ## Toomas Bergmann - Type: Angel - Relevant deals: 1 - Stages: Seed, Angel - Focus: Hardware, Mobile Apps, Construction Toomas Bergmann ## Martin Villing - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: SaaS, Software, Construction Martin Villing is the co-founder of Bolt. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co