# Top 15 Infrastructure Startup Investors in Estonia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| F+ Ventures | 1 | Turkey, Estonia, United States | Seed, Series A, Pre-Seed | Software, Transportation, Automotive |
| Foundamental | 1 | United States, India, Singapore | Seed, Series A, Pre-Seed | Construction, Software, Real Estate |
| 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 |
| Foreword Ventures | 1 | United Kingdom, United States, France | Seed, Pre-Seed, Series B | Software, FinTech, Financial Services |
| Gonzalo Manrique | 1 | France, Estonia, Germany | Seed, Pre-Seed | Recruiting, B2B, Software |
| Change Ventures | 1 | Estonia, Lithuania, United States | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| ff Venture Capital | 1 | United States, Canada, Poland | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Decacorn Capital | 1 | United States, Israel, Singapore | Seed, Series B | Information Technology, Software, Artificial Intelligence |
| Andreas Klinger | 1 | United States, United Kingdom, India | Seed, Series A, Pre-Seed | Software, Information Technology, Marketplace |
| Declan Kelly | 1 | United States, United Kingdom, France | Seed, Pre-Seed, Series A | Software, FinTech, Information Technology |
| Iron Wolf Capital | 1 | Lithuania, Estonia, United Kingdom | Seed, Pre-Seed, Series A | Software, Infrastructure, Manufacturing |
| Spring Capital | 1 | Estonia, Finland, United Kingdom | Seed, Pre-Seed, Series A | Software, E-Commerce, SaaS |
| Superangel | 1 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, FinTech |
| RKKVC | 1 | Poland, Estonia, Switzerland | Seed, Pre-Seed | Software, Information Technology, Machine Learning |

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