# Top 30 Sustainability Angel Investors in Estonia in May 2026

## Kristjan Raude
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Consumer Electronics, Internet of Things, Software

I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.

## Martin Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- 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

## Madis Müür
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding, Pre-Seed
- Focus: Apps, Smart Building, Marketing Automation

Madis Müür

## 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.

## Taavi Tamkivi
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Financial Services, Software, AgTech

Taavi Tamkivi was Helping in Banks & FinTechs fight FinCrime. also a Founder & CEO at Salv .

## Artis Kehris
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Information Services, Legal

Artis Kehris - Co-Founder @ Printify

## Ahmet Bilgen
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Artificial Intelligence, Education, Sharing Economy

Ahmet Bilgen Turkish Cypriot entrepreneur and angele investor.
He lives in Famagusta-North Cyprus. He finished primary school and high School in Famagusta. He has been a very active person all throughout his life, he received a Black Belt II. Dan in TaeKwon-do, played in the local soccer team while studying at Canbulat high school. Ahmet was alsohelping his family with their farming business by selling the produce to shops, making some money in the meanwhile which he used to buy his first bicycle, first ball or his first pair of sneakers. Ahmet graduated with Bsc in Applied Marth and Computer Science from Eastern Mediterranean University (EMU) in 1993. Between 1993 and 1995 he got his Masters degree in Computer Science. Right after he started his PhD degree in Computer Science but decided to quit academia after his first semester. During his masters and PhD degrees, he took part in developing intelligent user interfaces and inmemory data concepts for mobile devices. After leaving academic life, Ahmet worked in various IT companies for about 2 years and then joined SAP where he had his first professional work experience. Ahmet joined SAP Turkey as the Technology Consultant, and therefore took part in the implementation of more than 100 SAP projects with companies like Yaşar, Koç, Sabancı, Havelsan, Arena etc. as these were the first implementers of SAP ERP in Turkey. During his tenure at SAP, he worked in various roles such as technical consultant, business analyst, project and team manager and architect.
Ahmet, after working at SAP for 2 years and getting enough project experience and honing on his technical skils, he decided to set up FIT “Future Information Technology” Solutions together with 3 of his friends in 1999. By the end of 1999 FIT had already made its first million USD revenue. FIT has integrated Turkey’s most important e-commerce platform named “Arena Computer Supplier Portal” with SAP. This was featuted as an international success story by SAP Inside magazine in 2001. FIT Solutions(lately became Foriba) has a lot of experience from completing many software integration projects. Working with the top 250 companies also gives the company the advantage to have a more extensible, scalable, sustainable and supportable product. These experiences and know-how attained over the years put the company in an advantageous position to achieve end-to-end e-invoicing solutions.
in 2019 Ahmet Bilgen exited from Foriba.
Foriba did:
- Series A With Revo Capital
- Series B With Revo, IFC, Endeavor Catalyst
- Exit

## Kair Käsper
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: SaaS, Software, Recruiting

Kair Kasper is the Co-Founder and CRO at Klaus.

## Andrius Slimas
- Type: Angel
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 1
- Stages: Seed
- Focus: Information Technology, Cooking, Jewelry

Andrius Slimas - CEO and co-founder @ Oberlo, formerly head of web agency Studio4, over ten years experience in ecommerce, dropshipping and software development.Oberlo is a dropshipping solution for ecommerce store-owners. It provides a number of dropshipping automation tools and instant access to millions of products available fordropshipping.

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

Alvar Lumberg - CTO, co-founder @ Grünfin

## Kuldar Väärsi
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Focus: Water, Recycling, Water Purification

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

## 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.

## Ahmed Faruk Karslı
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Art, Marketing

Ahmed Karslı is the chairman of the board at Papara.

## Priit Piilmann
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: Power Grid, Building Material, Natural Resources

Priit Piilmann

## Zem Joaquin
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Waste Management, Packaging Services

Zem Joaquin

## Kaarel Kotkas
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Gaming, Software, 3D Technology

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

## Alejandro Jimenez
- Type: Angel
- Relevant deals: 1
- Stages: Angel
- Focus: Waste Management, Packaging Services

Alejandro Jimenez

## Janis Krums
- Type: Angel
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Big Data, Financial Services, SaaS

Janis Krums is a Venture Partner at change ventures.

## Uğur Şeker
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Marketing, Gaming, Big Data

Uğur Şeker

## Bryan Meehan
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: Packaging Services, Farming, Waste Management

Bryan Meehan CEO at Blue Bottle Coffee. Previously, I co-founded Nude Skincare (acquired by LVMH) and Fresh & Wild in London (acquired by Whole Foods).I'm an advocate of socially responsible investing and co-founded Greenmont Capital, a venture firm focused on investing in people who are primarily interested in creating environmentallyfriendly products. Investments include IZZE soda line and Mary's Gone Crackers. I get very excited about great founders and have recently invested in Slack, Hampton Creek, and of course, Blue Bottle Coffee where I spend most of my time working with James Freeman and the Blue Bottle team. I'm also a very active real estate investor.I grew up in Dublin. Since, I've lived in London, Boston and San Francisco. I love music, hiking, travel, art, organic food and coffee. I'm on the Board of Trustees at De Young and Legion of Honor museums in San Francisco. I hate GMOs and campaigning hard to have food properly labelled.

## Erman Turan
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: CRM, Apps, Mobile

Erman Turan is an investor at Ekmob.

## Koray Gultekin Bahar
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Sharing Economy, Software, Audio

Koray Gultekin Bahar is a Co-Founder & CEO at Figopara.Koray attended Eastern Mediterranean University.

## Andrus Purde
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Public Transportation, Internet

Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.

## Ali Can Kaya
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Marketing, E-Commerce, Peer to Peer

Ali Can Kaya

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

Markku Jääskelainen.

## Janer Gorohhov
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Waste Management, Packaging Services

Janer Gorohhov is the Co-Founder and COO at Veriff.

## Taavi Veskimägi
- Type: Angel
- Relevant deals: 1
- Focus: Sustainability, Natural Resources

Taavi Veskimägi is a former member of the Estonian Parliament(2003-2009) and Minister of Finance from 2003 to 2005.

## Karin Nemec
- Type: Angel
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, GreenTech, Health Care

Karin Nemec is the Founder and CEO.Karin Nemec attended IESE Business School.

## 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.

## Sten Tamkivi
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- 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.

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