# Top 25 Construction Startup Investors in Estonia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Martin Tajur | 2 | Estonia, Poland, Ukraine | Pre-Seed, Seed, Angel | Software, SaaS, Recruiting |
| Superangel | 2 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, FinTech |
| Lemonade Stand | 2 | Estonia, India, Poland | Seed, Pre-Seed, Angel | Software, SaaS, FinTech |
| Thorgate Ventures | 2 | Estonia, United Kingdom, Norway | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Sunly | 2 | Estonia, France | Pre-Seed, Seed | Solar, CleanTech, Hardware |
| Martin Henk | 1 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Indrek Kasela | 1 | Estonia, United Kingdom | Seed, Angel | Hardware, Software, Insurance |
| Foreword Ventures | 1 | United Kingdom, United States, France | Seed, Pre-Seed, Series B | Software, FinTech, Financial Services |
| Foundamental | 1 | United States, India, Singapore | Seed, Series A, Pre-Seed | Construction, Software, Real Estate |
| Magnus Hiie | 1 | Estonia | Pre-Seed | SaaS, Software, Construction |
| Gonzalo Manrique | 1 | France, Estonia, Germany | Seed, Pre-Seed | Recruiting, B2B, Software |
| Hansa Group | 1 | Estonia | Seed | Hardware, Construction, Machine Learning |
| Anthony Danon | 1 | United Kingdom, Estonia, Germany | Seed, Pre-Seed, Series A | Apps, Construction, Artificial Intelligence |
| Carmen Alfonso Rico | 1 | United Kingdom, Sweden, Estonia | Pre-Seed, Seed | Information Technology, Software, Gaming |
| Andreas Klinger | 1 | United States, United Kingdom, India | Seed, Series A, Pre-Seed | Software, Information Technology, Marketplace |
| Spring Capital | 1 | Estonia, Finland, United Kingdom | Seed, Pre-Seed, Series A | Software, E-Commerce, SaaS |
| Sillever OÜ | 1 | Estonia | Seed | Hardware, Construction, Machine Learning |
| Declan Kelly | 1 | United States, United Kingdom, France | Seed, Pre-Seed, Series A | Software, FinTech, Information Technology |
| Change Ventures | 1 | Estonia, Lithuania, United States | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Passion Capital | 1 | United Kingdom, United States, Estonia | Seed, Series A, Series B | Software, FinTech, Financial Services |
| Amalfi Capital | 1 | Estonia, United States, Cayman Islands | Seed, Series A | Beauty, Hardware, Aerospace |
| Zenith Family Office | 1 | Estonia, United States | Pre-Seed | Commercial Real Estate, SaaS, B2B |
| Triin Hertmann | 1 | Estonia | Seed, Pre-Seed | FinTech, Software, E-Commerce |
| Toomas Bergmann | 1 | Estonia | Seed, Angel | Hardware, Mobile Apps, Construction |
| Martin Villing | 1 | Estonia | Pre-Seed | SaaS, Software, Construction |

# About Shizune
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