# Top 45 Hardware Angel Investors in Estonia in May 2026

## Jaan Tallinn
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, Internet

Jaan Tallinn is the Co-founder of Future of Life Institute.

## Sebastien Borget
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Gaming

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.

## Sten Tamkivi
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Financial Services, Artificial Intelligence

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.

## Yiğit Barış Şemin
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Crowdsourcing, Computer Vision

Yiğit Barış Şemin

## Aydın Mizrahi
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, InsurTech, Logistics

Aydın Mizrahi

## Batuhan Gültakan
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Crowdsourcing, Computer Vision

Batuhan Gültakan

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

Ragnar Sass has strongest skill is to find the best people and keep them rocking in speed of 200 km/h. He has organized 20+ Hack-a-thons Garage48 in Eastern Europe + West & East-Africa. He advise other founders and share experience where it could help.

## Joachim Hedenius
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Gaming, Augmented Reality, Virtual Reality

Joachim Hedenius is the VPE and Co-Founder of KRY.

## Kaarel Kotkas
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Series A, Angel
- Focus: Gaming, Software, 3D Technology

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

## Priit Kasesalu
- Type: Angel
- Relevant deals: 2
- Stages: Seed
- Focus: iOS, Apps, Email

Priit is heavily involved in assessing all of ASI's new technology investments.Before ASI, Priit played an integral role in developing Kazaa and later Skype; indeed, he continues to work at Skype as a core library developer.While cryptography and data communication are his areas of expertise, his other passion is computer gamedevelopment. Together with Ahti and Jaan, he wrote the first Estonian commercial computer game, Kosmonaut.When he isn't using his innate ability to solve complex technical problems, Priit enjoys good company, gourmet restaurants and biking.He holds a degree in automation and system technology from Tallinn University of Technology.

## Emre Kozlu
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, InsurTech

Emre Kozlu

## Kuido Lepik
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Apps, GPS, Pet

Kuido Lepik - Owner & CEO @ Signiti

## Taavi Kotka
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Angel
- Focus: Electronics, Battery, FinTech

Taavi Kotka, currently the Estonian Government CIO, has a strong background working in private sector. He started his career as a programmer, rapidly rising to be a Managing Director of the most successful software development company in the region – Nortal, former Webmedia. He is a founder of many innovative start-up companies likezeroturnaround.com, plumbr.eu etc. He has a Master of Science in Engineering from Tallinn University of Technology. Also, Taavi Kotka has many honors: he is the European CIO of the Year 2014 (by ICT Spring), he was the president of the Estonian Association of Information Technology and Telecommunications (ITL) and he was elected as an Entrepreneur of the year in 2011 (by Ernst&Young). Taavi is a board member in many ICT initiatives in Estonia and has been the brainpower behind many Estonian e-government innovative initiatives like e-residency, data embassy, no-legacy policy etc.

## Engin Gürsöz
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Crowdsourcing, Computer Vision

Engin Gürsöz

## Hubert Thieblot
- Type: Angel
- Location: Huntsville, Alabama, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Gaming, Video Games, Mobile

Hubert Thieblot founded Curse, Inc. in 2005 and serves as its Chief Executive Officer.

## Sean Percival
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Software, E-Commerce, Manufacturing

Sean Percival is the Chief Marketing Officer of Iterate Norway.

## Aare Järvan
- Type: Angel
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Angel
- Focus: Apps, Gaming, Mobile

Aare Järvan

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

Marek Kiisa is the co-founder and Managing Partner at NordicNinja VC, and the co-founder and partner at Superangel.io. He has made 15 private angel investments and created several companies, like Astrec Baltic, Pilvio.io and Kood/Johvi coding school. He has his Master Degree on Machine Design from KTH Stockholm and he is a Kauffman FellowClass 19.

## Raivo Kütt
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Angel
- Focus: Apps, Gaming, Mobile

Raivo Kütt

## Stefano Corazza
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Gaming, Social Media, 3D Technology

Currently Fellow&VP at Adobe Systems, Stefano heads Adobe's Augmented Reality effort. The mastermind behind Mixamo's advanced technology, Stefano Corazza applied his experience from the University of Padua Human Movement Lab and the Stanford University Biomotion Lab to develop the effective mathematical and machine learning solutionsthat support Mixamo.Prior to Mixamo, Corazza was a research associate at the Stanford University Biomotion Lab until 2008 where he developed markerless motion capture technology and won the Stanford-Caltech-Berkeley Innovators' Challenge in 2005. He additionally is the CTO and co-founder of dublit.com, a Web 2.0 site for short-form literature based in San Francisco; and co-founded and served on the board for Memory SRL, an enterprise software company based in Italy.A true Renaissance man active within the domain of large scale kinetic and new media art and with a past as paragliding test-pilot, Corazza holds a bachelor of science in mechanical engineering from University of Padua, a master of design from University of Florence, a Ph.D. in mechanical engineering and a Ph.D. in bioengineering and computer vision from University of Padua, part of which was completed at Stanford University.

## Linnar Viik
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Hardware, Professional Services

Linnar Viik is a founder of poco.

## Paul Melin
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, SaaS, Content

Paul Melin is the Chairman Of The Board at Silcube Software.

## Ahti Heinla
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Internet, Project Management, Software

Ahti is the CEO, CTO and co-founder in Starship Technologies, a startup that intends to disrupt last-mile delivery by introducing self-driving local delivery robots. He is also a co-owner in Ambient Sound Investments, a private investment vehicle launched by Estonian Skype co-founders.Ahti conducts technical reviews of all ASI's potentialinvestments. His experience and knowledge as a system architect is invaluable in assessing and managing ASI's portfolio companies.Ahti picked up programming at the early age of ten, his fascination with all things technical resulting in him being the lead technical architect at Skype. Ahti has also worked on artificial intelligence, 3D graphics engines, signal processing, and building mobile phones.Out of the office, Ahti dons his running gear to enjoy orienteering and adventure racing events, where navigation is his strong-point.

## 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.

## Martin Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, 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

## 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.

## 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.

## Indrek Kasela
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Hardware, Software, Insurance

Indrek Kasela - investor @ Luup Culture

## Brian Corrigan
- Type: Angel
- Location: Saratoga Springs, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed, Angel
- Focus: Gaming, Internet, SaaS

Brian Corrigan is the VP and Head of Americas at PUBG Corporation. He attended Clarkson University and the University at Albany, SUNY.
(This website is horribly out of date, probably best to hit my website or LinkedIn)

## Elar Nellis
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, CAD, SaaS

Elar is a full-stack engineer with 12+ years of experience. He has worked for different start-ups during his whole professional career and wouldn't change start-up life for anything. Elar was also the first employee of Estonian flagship startup Pipedrive. If he's not working then he's probably playing piano, writing music or hikingin the endless forests of Estonia.

## Gautam Shah
- Type: Angel
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Series B, Series C, Seed
- Focus: Cryptocurrency, Blockchain, Video Games

Gautam Shah

## Alvar Lumberg
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Software, FinTech, GreenTech

Alvar Lumberg - CTO, co-founder @ Grünfin

## Anand Agarawala
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Mobile, SaaS

Anand Agarawala is the creator of BumpTop, an irresistible new desktop interface with a satisfyingly three-dimensional physicality and a fresh approach to interactivity.Anand completed his Master thesis in 2006 which pioneered a novel physically based desktop interface leveraging expressive power and casual nature of real desks. His Masters ofComputer Science was completed at the University of Toronto. He completed his undergraduate thesis in 2004 at the University of Calgary. In his free time, Anand enjoys competitive team sports such as hockey and basketball. He often travels to India and across Europe and North America.

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

Toomas Bergmann

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

Taavet Hinrikus is co-founder and CEO of TransferWise. Prior to starting TransferWise, Taavet was Skype’s director of strategy until 2008, starting as its first-ever employee. One of the World Economic Forum's Tech Pioneers, Taavet is an adviser to Prime Minister of Estonia on the digital agenda. He’s also a mentor and angel investor; hisinvestments include Tweetdeck, Mendeley, OMGPOP, Property Partner, Sunrise, Improbable and Mapillary.

## Marvin Liao
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Marvin works with awesome startups across the globe and at the SF/SV accelerator programs – that is, when he's not practicing his signature song (Backstreet Boys ``I Want it That Way`` btw) & dealing with his book buying addiction, A recovering exec from Yahoo! he's very happy to be part of the Revolution!
He invests in digitalmedia, adtech, marketing cloud, e-commerce and mobile startups across the globe. Formerly of Yahoo! Inc. (10.5 years), Marvin has worked in various departments – sales, business development, ad operations and marketing. Most of his positions have been regional or global management roles, giving him extensive experience across Asia, Europe, Latin America and the United States. He presently serves on the boards and advisory boards of several internet advertising and ad technology companies across the globe. In addition, he is a mentor for several startup accelerator programs in Europe, Israel and the US, helping guide startup teams with their sales, marketing and partner development efforts.I'm an experienced client-facing senior executive in the media and technology space in both large and start up growth companies, managing large multifunctional teams across multiple countries while based in the Silicon Valley.A longtime fan, participant, and an observer of the digital technology revolution occurring for the last 14 years across the world, i am presently on the advisory boards of several internet advertising and ad technology companies across the globe.

## Toomas Kõuhkna
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Battery, Electronics, Manufacturing

Toomas Kõuhkna

## Kersti Kaljulaid
- Type: Angel
- Location: Tallin, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed
- Focus: Battery, Electronics, Manufacturing

In 2016, Kersti Kaljulaid was elected President of the Republic of Estonia. Previously she served from 2004 to 2016 as a Member of the European Court of Auditors. Kersti Kaljulaid was the CFO and CEO of the Iru Power Plant of state-owned energy company Eesti Energia from 2002 to 2004. From 1999 to 2002, Kersti Kaljulaid was Prime Minister MartLaar's Economic Advisor.Kersti Kaljulaid was a member of the Supervisory Board of the Estonian Genome Center from 2001 to 2004. She was also a member of the Advisory Board of the University of Tartu from 2009 to 2011 and the Council Chair of the University from 2012 to 2016. Kersti Kaljulaid graduated from the University of Tartu in 1992 in the field of genetics in the Faculty of Natural Sciences and completed her master's studies in the Faculty of Economics and Business Administration in 2001.

## Gmoney eth
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: Apps, Gaming, Messaging

Gmoney eth

## Markku Jääskelainen
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: Drones, Big Data, Software

Markku Jääskelainen.

## Ergo Sooru
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Angel
- Focus: Apps, Gaming, Mobile

Ergo Sooru

## Justin Jenk
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: Battery, Electronics, Manufacturing

Justin Jenk is the Senior Managing Partner of Raktas OU.

## 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.

## James B Gambrell
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B
- Focus: Sports, Fashion, E-Commerce

James B Gambrell - CEO @ Supponor

## Artur Sychov
- Type: Angel
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Series A
- Focus: Gaming, 3D Technology, Virtual Reality

Artur Sychov - Founder & CEO @ Somnium Space

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