# Top 10 Social Impact Startup Investors in Estonia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Hubertus Thonhauser | 1 | The Netherlands, Cyprus, Estonia | Seed, Angel, Series A | Mobile, Mobile Apps, E-Commerce |
| Change Ventures | 1 | Estonia, Lithuania, United States | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Musha Ventures | 1 | United States, Nigeria, Kenya | Seed, Pre-Seed, Series A | Financial Services, Software, FinTech |
| Martin Tajur | 1 | Estonia, Poland, Ukraine | Pre-Seed, Seed, Angel | Software, SaaS, Recruiting |
| Martin Henk | 1 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Enabling Future | 1 | United Arab Emirates, United States, The Netherlands | Seed, Angel | Software, Information Technology, Health Care |
| Mercurio | 1 | Estonia | Angel | Communities, Open Source, Social Impact |
| Arvi Tavast | 1 | Estonia | Seed, Angel | AgTech, Farming, Software |
| Arteel Ventures | 1 | Finland, Estonia, United States | Seed, Angel | CRM, Mobile Apps, Innovation Management |
| Pascal Christian Weinberger | 1 | Estonia, Germany, United States | Series A, Seed, Angel | EdTech, Software, Communities |

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