# Top 45 Hardware Angel Investors in Estonia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Jaan Tallinn | 5 | United States, Estonia, United Kingdom | Seed, Series A | Software, Artificial Intelligence, Internet |
| Sebastien Borget | 2 | United States, France, The Netherlands | Seed, Series A, Pre-Seed | Blockchain, Cryptocurrency, Gaming |
| Sten Tamkivi | 2 | Estonia, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, Financial Services, Artificial Intelligence |
| Yiğit Barış Şemin | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |
| Aydın Mizrahi | 2 | Turkey, Estonia | Seed, Pre-Seed | Software, InsurTech, Logistics |
| Batuhan Gültakan | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |
| Ragnar Sass | 2 | Estonia, United States, United Kingdom | Pre-Seed, Seed | Software, Information Technology, SaaS |
| Joachim Hedenius | 2 | Sweden, Estonia, Germany | Seed, Pre-Seed, Series A | Gaming, Augmented Reality, Virtual Reality |
| Kaarel Kotkas | 2 | Estonia, United Kingdom | Seed, Series A, Angel | Gaming, Software, 3D Technology |
| Priit Kasesalu | 2 | Estonia | Seed | iOS, Apps, Email |
| Emre Kozlu | 2 | Turkey, Estonia | Seed, Pre-Seed | Software, Artificial Intelligence, InsurTech |
| Kuido Lepik | 2 | Estonia | Seed, Pre-Seed | Apps, GPS, Pet |
| Taavi Kotka | 2 | Estonia | Pre-Seed, Seed, Angel | Electronics, Battery, FinTech |
| Engin Gürsöz | 2 | Estonia | Seed, Pre-Seed | Software, Crowdsourcing, Computer Vision |
| Hubert Thieblot | 1 | United States, Denmark, Estonia | Seed, Series A | Gaming, Video Games, Mobile |
| Sean Percival | 1 | United States, Norway, Estonia | Seed, Pre-Seed, Equity Crowdfunding | Software, E-Commerce, Manufacturing |
| Aare Järvan | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| Marek Kiisa | 1 | Estonia, United States, Finland | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Raivo Kütt | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| Stefano Corazza | 1 | Estonia, United States | Series A, Series B | Gaming, Social Media, 3D Technology |
| Linnar Viik | 1 | Estonia | Seed | Hardware, Professional Services |
| Paul Melin | 1 | Estonia, Finland | Seed | B2B, SaaS, Content |
| Ahti Heinla | 1 | Estonia, United States | Seed, Angel, Series A | Internet, Project Management, Software |
| Martin Henk | 1 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Martin Villig | 1 | Estonia, Spain, South Africa | Seed, Angel, Pre-Seed | Software, Information Technology, Education |
| Triin Hertmann | 1 | Estonia | Seed, Pre-Seed | FinTech, Software, E-Commerce |
| Mada Arslan | 1 | Norway, Denmark, Estonia | Convertible Note, Series A | Apps, Sports, Consumer Goods |
| Indrek Kasela | 1 | Estonia, United Kingdom | Seed, Angel | Hardware, Software, Insurance |
| Brian Corrigan | 1 | United States, Estonia, South Africa | Series A, Seed, Angel | Gaming, Internet, SaaS |
| Elar Nellis | 1 | Latvia, Estonia, United States | Seed, Angel, Pre-Seed | Software, CAD, SaaS |
| Gautam Shah | 1 | United States, Estonia | Series B, Series C, Seed | Cryptocurrency, Blockchain, Video Games |
| Alvar Lumberg | 1 | Estonia | Seed | Software, FinTech, GreenTech |
| Anand Agarawala | 1 | United States, Canada, Estonia | Seed, Pre-Seed, Series A | Health Care, Mobile, SaaS |
| Toomas Bergmann | 1 | Estonia | Seed, Angel | Hardware, Mobile Apps, Construction |
| Taavet Hinrikus | 1 | United Kingdom, United States, Estonia | Seed, Series A, Series B | FinTech, Financial Services, Software |
| Marvin Liao | 1 | United States, France, Latvia | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Toomas Kõuhkna | 1 | Estonia | Seed | Battery, Electronics, Manufacturing |
| Kersti Kaljulaid | 1 | Estonia | Seed | Battery, Electronics, Manufacturing |
| Gmoney eth | 1 | Estonia, United Kingdom | Pre-Seed, Series A | Apps, Gaming, Messaging |
| Markku Jääskelainen | 1 | Estonia | Series A | Drones, Big Data, Software |
| Ergo Sooru | 1 | Estonia | Angel | Apps, Gaming, Mobile |
| Justin Jenk | 1 | Estonia | Seed | Battery, Electronics, Manufacturing |
| Martin Tajur | 1 | Estonia, Poland, Ukraine | Pre-Seed, Seed, Angel | Software, SaaS, Recruiting |
| James B Gambrell | 1 | Estonia, United Kingdom | Series B | Sports, Fashion, E-Commerce |
| Artur Sychov | 1 | Estonia | Series A | Gaming, 3D Technology, Virtual Reality |

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