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Top 50 Sustainability Startup Investors in Estonia (May 2026)

The most active venture capital funds and angel investors investing in Estonia Sustainability startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Sustainability startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Superangel
VC Fund
5 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $161k–$6.9M
Specialist VC
VC Fund
4 Estonia, United Kingdom, United States Seed, Pre-Seed Information Technology, Software, FinTech $214k–$2.5M
Lemonade Stand
VC Fund
4 Estonia, India, Poland Seed, Pre-Seed, Angel Software, SaaS, FinTech $222k–$2.1M
Spring Capital
VC Fund
3 Estonia, Finland, United Kingdom Seed, Pre-Seed, Series A Software, E-Commerce, SaaS $305k–$2.4M
Vestman Energia
VC Fund
3 Estonia Seed, Pre-Seed Water, Software, Logistics
Kristjan Raude
Angel
3 Estonia, United States Seed, Pre-Seed, Equity Crowdfunding Consumer Electronics, Internet of Things, Software $70k–$2.7M
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Energy $54k–$23M
Funderbeam
VC Fund
2 Estonia, United Kingdom Seed, Pre-Seed, Equity Crowdfunding Apps, FinTech, Software $536k–$2M
Expansion Capital
VC Fund
2 Latvia, Estonia Seed, Series A Drones, Big Data, Software
Ragnar Sass
Angel
2 Estonia, United States, United Kingdom Pre-Seed, Seed Software, Information Technology, SaaS $107k–$6.5M
Change Ventures
VC Fund
2 Estonia, Lithuania, United States Seed, Pre-Seed, Series A Software, Information Technology, Apps $107k–$3M
Thorgate Ventures
VC Fund
2 Estonia, United Kingdom, Norway Seed, Pre-Seed Software, SaaS, Information Technology $21k–$696k
Icebreaker.vc
VC Fund
2 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $54k–$16M
Trind Ventures
VC Fund
2 Estonia, Finland, Latvia Seed, Series A Software, Information Technology, Analytics $214k–$6.9M
Martin Villig
Angel
2 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, Information Technology, Education $113k–$1.3M
Madis Müür
Angel
2 Estonia, United States Seed, Equity Crowdfunding, Pre-Seed Apps, Smart Building, Marketing Automation $98k–$1.3M
Sunly
VC Fund
2 Estonia, France Pre-Seed, Seed Solar, CleanTech, Hardware $321k–$536k
Iron Wolf Capital
VC Fund
2 Lithuania, Estonia, United Kingdom Seed, Pre-Seed, Series A Software, Infrastructure, Manufacturing $120k–$6.9M
Angel Effect
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed Software, E-Commerce, Mobile $25k–$1.1M
Norrsken VC
VC Fund
2 Sweden, United Kingdom, Germany Seed, Series A Software, Food and Beverage, Health Care $599k–$21M
Orange DAO
VC Fund
1 United States, Estonia, Philippines Seed, Pre-Seed, Series A Cryptocurrency, Blockchain, Software
Karin Nemec
Angel
1 Estonia Seed FinTech, GreenTech, Health Care
Greenco Ventures
VC Fund
1 Estonia Pre-Seed Renewable Energy, Environmental Engineering
Prototron
VC Fund
1 Estonia Grant Art, Mobile, Printing
Eigenkapital
VC Fund
1 Estonia Sustainability, Natural Resources
Ministry of Economic Affairs and Communications for Estonia
VC Fund
1 Estonia Pre-Seed CleanTech, GreenTech, Manufacturing
Warmeston
VC Fund
1 Estonia Seed Natural Resources, Environmental Consulting
Master Ventures
VC Fund
1 United States, Singapore, Hong Kong Seed, Initial Coin Offering Blockchain, Gaming, Information Technology $1.2M–$60M
The Spartan Group
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.3M–$15M
Kuldar Väärsi
Angel
1 Estonia Water, Recycling, Water Purification
Erman Turan
Angel
1 Turkey, Estonia Seed CRM, Apps, Mobile
Honey Badger Capital OÜ
VC Fund
1 Estonia Seed FinTech, GreenTech, Health Care
Kaarel Kotkas
Angel
1 Estonia, United Kingdom Seed, Series A, Angel Gaming, Software, 3D Technology $573k–$2.7M
Kaamos
VC Fund
1 Estonia Pre-Seed CleanTech, GreenTech, Manufacturing
Block54
VC Fund
1 Estonia Seed Analytics, Blockchain, Ad Targeting
Gravity Team
VC Fund
1 Estonia Seed Analytics, Blockchain, Ad Targeting
Margus Kohava
Angel
1 Estonia Seed Natural Resources, Environmental Consulting
Sie Ventures
VC Fund
1 Spain, Estonia, United Kingdom Seed, Series B CRM, SaaS, Mobile
Janis Krums
Angel
1 United States, Estonia, United Kingdom Seed, Pre-Seed, Angel Big Data, Financial Services, SaaS
Crypto3 Capital
VC Fund
1 Estonia, India, Singapore Seed, Corporate Round Blockchain, Financial Services, Cryptocurrency $2.1M–$21M
Triin Hertmann
Angel
1 Estonia Seed, Pre-Seed FinTech, Software, E-Commerce $482k–$536k
LD Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.2M–$16M
Big Brain Holdings
VC Fund
1 United States, Switzerland, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, Gaming $300k–$7.5M
Bangladesh Angels
VC Fund
1 Bangladesh, India, Estonia Seed, Pre-Seed, Angel Supply Chain Management, Fashion, SaaS $91k–$1.5M
Ahmed Faruk Karslı
Angel
1 Turkey, Estonia Seed, Pre-Seed E-Commerce, Art, Marketing $450k–$1.2M
Grid.vc
VC Fund
1 Finland, Estonia Seed, Pre-Seed SaaS, Energy, Battery
Little Green Fund
VC Fund
1 Estonia Pre-Seed Nanotechnology
Andrius Slimas
Angel
1 Spain, Estonia, Australia Seed Information Technology, Cooking, Jewelry
Superhero Capital
VC Fund
1 Finland, Estonia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Internet $161k–$4.1M
Hartmann Capital
VC Fund
1 United States Seed $2.5M–$8.6M
Access all 18 investors in Estonia Sustainability startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 5 investments in Estonia Sustainability startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 61
  • Round size: Seed $536k–$3.5M; Pre-Seed $161k–$1M; Series A $5.4M–$6.9M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $33M in 2022

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • Koos — KOOS is a simple legal and technological solution for motivating and rewarding your community. Boost your growth by sharing success.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Sustainability startups, 8 in the past 12 months

United Angels VC is an early stage venture capital fund based in Estonia.

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Investment focus

  • Industry: Information Technology, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $214k–$2.5M; Pre-Seed $321k–$2.1M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • AskToSell — Companies grow revenue faster using AskToSell to automate sales for small deal sizes. Curious how? Get started with a 7-day free trial. Close Small Deals On Autopilot.
  • Vok Bikes — E-cargo bicycles perfect for last-mile deliveries and business use cases in the city. Vok Bikes develops and produces electric cargo bikes in Europe.
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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Sustainability startups

Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, India, Poland

Investor stats

  • Total investments: 26
  • Round size: Seed $375k–$2.1M; Angel $482k–$643k; Pre-Seed $222k–$2.1M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Wowflow — Wowflow is a mobile-first collaboration and workflow for facility maintenance teams.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • Value.Space — Space based risk assessments & monitoring
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Sustainability startups

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $305k–$2.4M; Pre-Seed $536k–$586k
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $3.5M in 2018

Portfolio highlights

  • Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
  • FoodDocs — Globally trusted Food Safety Management System to get and stay compliant. #1 Food Safety software for production, food service, and retail.
  • EyeVi Technologies — EyeVi is a provider of road network intelligence with AI-powered on-demand mapping technologies.
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Vestman Energia
VC Fund · Viljandi, Viljandimaa, Estonia · 3 investments in Estonia Sustainability startups

Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.

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Investment focus

  • Industry: Water, Software, Logistics
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
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Kristjan Raude
Angel · 3 investments in Estonia Sustainability startups

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.

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Investment focus

  • Industry: Consumer Electronics, Internet of Things, Software
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Estonia, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $477k–$1.3M; Pre-Seed $70k–$536k; Equity Crowdfunding $164k–$2.7M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Askly — Add multilingual chat to any site in 2 minutes. Providing multilingual customer support is easy and affordable. Start a 30-day free trial today.
  • Snabb — Barking delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Barking App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App toan international platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners.
  • Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Estonia Sustainability startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Information Technology, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, Estonia

Investor stats

  • Total investments: 34
  • Round size: Seed $214k–$2M; Pre-Seed $54k–$2M; Series A $1.6M–$23M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 42 Watt — 42 Watt is an energy conservation consultancy which strives to reduce costs, save energy and protect the climate.
  • CHOOOSE — CHOOOSE builds digital tools so that everyone, anywhere, can easily integrate climate action into everyday life and business.
  • Vianova — Vianova is a platform for managing connected and shared mobility in the urban public realm. It helps cities better manage their urban space, starting with mobility services. Along with the benefits of new mobility solutions, cities face growing challenges as they integrate fast-developing modes of transportation. Its company's technology helpscities and mobility operators better collaborate and communicate, in order to foster more liveable and breathable streets.
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Funderbeam
VC Fund · London, England, United Kingdom · 2 investments in Estonia Sustainability startups

Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.

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Investment focus

  • Industry: Apps, FinTech, Software
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $536k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Pynk — Pynk is the Multi-Award Winning London Fintech that rewards you for making predictions on assets like Gold, NASDAQ and Bitcoin. Free sign up, start today!
  • FleetFox — UpSteam is a mobile car wash that comes to your home, office, wherever. Pick a time and a location. Our trained Washer will come to you. Get UpSteam and skip the driving and waiting in a carwash.
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Expansion Capital
VC Fund · Riga, Riga, Latvia · 2 investments in Estonia Sustainability startups

Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.

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Investment focus

  • Industry: Drones, Big Data, Software
  • Stage:Seed, Series A
  • Geography: Latvia, Estonia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
  • Hepta Airborne — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!
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Ragnar Sass
Angel · 2 investments in Estonia Sustainability startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $800k–$6.5M; Pre-Seed $107k–$500k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Alvin — Highly accurate, automated column-level lineage, powering your data workflows.
  • BeTRITON — 100% electric recreational vehicle - revolution in sustainable travel. BeTRITON (formerly known as Z-Triton) offers extraordinary experience and freedom to travel both over land and water.
  • Around — The largest network of workspaces on flexible terms. We are a savvy team from Latin America providing fast-growing companies with on-demand access to flexible office space. Everywhere.We believe work at its best is always creative and collaborative, expressed with freedom, autonomy, and purpose; and the space surrounding us should help us achieveit, anywhere & everywhere.We are shaping the future of work today by improving workspaces and the rules around them, and helping innovative teams find their ideal space to make their best work every day — our first step on a journey to change the way we work and think about work.Our best work. Anywhere. Everywhere. We are Around.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups, 7 in the past 12 months

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Lithuania, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $321k–$3M; Pre-Seed $107k–$2.1M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
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Thorgate Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups

We invest both capital and our know-how into startups. Join us and let's change the world

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, Norway

Investor stats

  • Total investments: 16
  • Round size: Seed $21k–$696k; Pre-Seed $134k–$482k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Waybiller — Waybiller is an e-waybill software that helps you create and store your digital waybills and track your vehicles carrying freight.
  • U24 Solutions — U24 Solutions is a software development studio specializing in the creation of immersive experiences through virtual reality. We make real-time, room-scale simulations, employing stunning realism and custom libraries of hyper-detailed 3D objects and environments optimized for the VR experience.
  • Hepta Airborne — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Estonia Sustainability startups, 11 in the past 12 months

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Estonia, Sweden

Investor stats

  • Total investments: 98
  • Round size: Seed $375k–$5.2M; Pre-Seed $54k–$857k; Series A $2.7M–$16M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — raised $21M in 2021

Portfolio highlights

  • Aibidia — Discover the Aibidia TXM Platform and our digital transfer pricing applications, eliminating billions of euros in tax inefficiencies and risks.
  • Fixably — Fixably is the repair management solution to seamlessly connect all users, from the end customer to the technician, and all repair systems within your service business.
  • IPRally — Improve your invalidity, patentability and FTO searches. Easy-to-use patent search web application, powered by unique AI knowledge graph technology.
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Trind Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Series A
  • Geography: Estonia, Finland, Latvia

Investor stats

  • Total investments: 20
  • Round size: Seed $214k–$4.8M; Series A $5.4M–$6.9M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • eAgronom — eAgronom helps farmers generate additional revenue streams, improve soil quality, and access better financing.
  • My Telescope — My Telescope is the Share of Search analytics tool marketers use to track campaigns and build data-driven branding strategies.
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Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups

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

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Spain, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $500k–$1.3M; Angel $113k–$643k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
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Madis Müür
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups

Madis Müür

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Investment focus

  • Industry: Apps, Smart Building, Marketing Automation
  • Stage:Seed, Equity Crowdfunding, Pre-Seed
  • Geography: Estonia, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $536k–$1.3M; Equity Crowdfunding $98k–$1.3M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Bikeep — Manufacturer of high quality commercial bike racks & bike parking systems. We also provide e-scooter stations, bike shelters, bike sheds & bicycle lockers.
  • Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
  • FleetFox — UpSteam is a mobile car wash that comes to your home, office, wherever. Pick a time and a location. Our trained Washer will come to you. Get UpSteam and skip the driving and waiting in a carwash.
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Sunly
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Sustainability startups

Sunly creates wind & solar parks by engaging local communities. Also, Sunly boosts cleantech startups via capital, know-how and networks.

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Investment focus

  • Industry: Solar, CleanTech, Hardware
  • Stage:Pre-Seed, Seed
  • Geography: Estonia, France

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $321k–$536k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • HelioRec — HelioRec is creating simple, powerful floating solar technology for near-shore locations
  • Vok Bikes — E-cargo bicycles perfect for last-mile deliveries and business use cases in the city. Vok Bikes develops and produces electric cargo bikes in Europe.
  • UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Estonia Sustainability startups

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.

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Investment focus

  • Industry: Software, Infrastructure, Manufacturing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $321k–$1.9M; Pre-Seed $120k–$943k; Series A $4.6M–$6.9M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Speiz — Speiz is a platform that enables revenue generation and sales for companies through the renting of warehousing space.
  • Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
  • Repsense — Repsense is a data company that mimics user journeys and predicts reactions to content found in search results pages. any of the clients can use the Repsense Index to quickly assess their reputation and compare it to competitors across different geographies and user intents.
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Angel Effect
VC Fund · Kurucesme, Istanbul, Turkey · 2 investments in Estonia Sustainability startups

We are a team of successful entrepreneurs, corporate leaders and people who know the impact of creating value together. Together, we invest in high-impact, early-stage companies led by amazing teams with global mindset all over the world.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 24
  • Round size: Seed $211k–$1.1M; Pre-Seed $25k–$996k
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • ULive — ULive is a digital fitness platform. With ULive, users can develop physically, mentally and spiritually. Indoor Cycling using UBikes, Yoga, Pilates, Stretch, Dance and bUUt (functional body training) classes, which they can attend live every day and whenever they want, using mobile application.
  • & New Me — Andnewme is a health platform that serves with the motto "only aesthetics". You can get information about aesthetic treatments and find the doctor you are looking for!
  • Njoykidz — njoyKidz was founded in 2021 with the simple idea of creating ad-free and safe game platforms for the kids while they learn. We develop game
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Estonia Sustainability startups, 15 in the past 12 months

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Food and Beverage, Health Care
  • Stage:Seed, Series A
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 65
  • Round size: Seed $599k–$7.6M; Series A $1.1M–$21M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • LanguifyAI — Languify is an AI based language learning assistant which analyses, corrects, and tracks a user's spoken and written English across all platforms. The AI assistant prompts feedback and nudges that improve conversations in real-time that enable improvisation on the spot without any delay. It also enables users to learn at their own pace throughpersonalized learning plans and games designed to minimize repetition of errors.
  • Granular Energy — Granular Energy provides solutions for managing and trading clean energy. Our tools have been developed to support the recent emergence of 24/7 time-stamped energy certificates as well as traditional "annual" certificates.
  • Material Evolution — Material Evolution uses patented geopolymer technology and proprietary algorithms to create the most sustainable materials on the planet.Material Evolution’s first product is a cement mix made from 95% waste using its algorithm technology. Its smart concrete mix is 10X stronger, 5X more durable, and reduces carbon consumption by 85%. Mostimportantly, it’s economically viable for construction companies.
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Orange DAO
VC Fund · 1 investments in Estonia Sustainability startups

Orange DAO

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Estonia, Philippines

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • ZKX — ZKX is a permissionless protocol for derivatives built on StarkNet.
  • Cookie3 — Cookie3 is the data engine aggregating, processing, and interpreting all existing NFTs and tokens to understand Web3 users.
  • ILUMA — ILUMA is building the autonomous solution to onboard, manage, engage and support the next 1M DAO communities in web3.
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Karin Nemec
Angel · Frankfurt, Hessen, Germany · 1 investments in Estonia Sustainability startups

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

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Investment focus

  • Industry: FinTech, GreenTech, Health Care
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
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Greenco Ventures
VC Fund · 1 investments in Estonia Sustainability startups

Greenco Ventures is an investment firm.

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Investment focus

  • Industry: Renewable Energy, Environmental Engineering
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
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Prototron
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

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Investment focus

  • Industry: Art, Mobile, Printing
  • Stage:Grant
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Sprayprinter — Print any design directly on a wall or canvas with Robot Muralist using spray paint. Robot Muralist helps you to amplify Your creative feelings to become limitless.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
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Eigenkapital
VC Fund · Curitiba, Parana, Brazil · 1 investments in Estonia Sustainability startups

Eigenkapital is an investment firm.

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Investment focus

  • Industry: Sustainability, Natural Resources
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
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Ministry of Economic Affairs and Communications for Estonia
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

The Ministry of Economic Affairs and Communications intends to promote Estonian enterprises' efficiency and people's prosperity.It also encourages entrepreneurship to have a justifiable price for the efficient transport system, a developing information society, and environmentally friendly energy supply.It was headquartered inTallinn, Harjumaa.

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Investment focus

  • Industry: CleanTech, GreenTech, Manufacturing
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
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Warmeston
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

We value process in our work. Details and experience combined with innovative technology and effectiveness make us your long term partner.

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Investment focus

  • Industry: Natural Resources, Environmental Consulting
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • One mtn — 1MTN is bridging Africa and carbon markets to combat climate change through carbon removal projects and planting bamboo. Purchase carbon credits or learn about our partnership-oriented funding model for landowners. #actnow #carbonremoval #plantingbamboo
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Master Ventures
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Estonia Sustainability startups

Master Ventures is a blockchain focused venture studio. We combine visionary ideas, exceptional talent, and investment capital to invest and build the next generation of revolutionary blockchain businesses and products.

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Investment focus

  • Industry: Blockchain, Gaming, Information Technology
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 55
  • Round size: Seed $1.7M–$7.7M; Initial Coin Offering $1.2M–$60M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely still investing — raised $30M in 2021

Portfolio highlights

  • Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
  • HitBox Games — HitBox Games was founded by industry veterans to provide dev teams around the world with a transparent and ethical publishing option.
  • Aether Games — Aether Games are the creative talent behind both of the widely expected NFT-based game titles: Gates of Ethernity and Cards of Ethernity. In addition, the studio's creative efforts are up to be represented by the CGI mini-series "Aether" and many more.
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The Spartan Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Estonia Sustainability startups, 20 in the past 12 months

We advise, invest and build with the best entrepreneurs in Web3.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 132
  • Round size: Seed $1.3M–$8M; Series A $4M–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Brine.fi — The best onchain spot trading crypto exchange
  • Gleen AI — Delight your customers. Get Gleen, the world's most accurate & capable generative AI-based chatbot. Trustworthy answers. Automatic actions. Unify knowledge.
  • Catalyst — Contributing to Catalyst, the permissionless liquidity layer for modular chains.
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Kuldar Väärsi
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

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Investment focus

  • Industry: Water, Recycling, Water Purification
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • Spacedrip — Spacedrip develops automated water treatment and reuse systems that recycle wastewater back to pure usable water with minimal maintenance. Our systems provide off-grid water without the need for centralized sewage/water solutions.
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Erman Turan
Angel · 1 investments in Estonia Sustainability startups

Erman Turan is an investor at Ekmob.

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Investment focus

  • Industry: CRM, Apps, Mobile
  • Stage:Seed
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Ekmob — Ekmob creates mobile projects for companies which have mobile field teams and operations.Companies with mobile teams and field operations have some common problems such as inefficiency in management of mobile teams, communication difficulties, inability to get instant data from field, offline mobile team on the field. All these problems lead tolack or deficiency in decision-support systems.
  • Vagustim
  • Glocalzone — Glocalzone is a platform that connects shoppers who want to buy products from abroad and travelers who want to make a profit.
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Honey Badger Capital OÜ
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

We invest between 50k€ – 150k€ to start-ups along with access to our extensive network and know-how. We work together with an extended group of Pipedrive Angels who have the option to also join the investments we make which can bring the total amount invested up.

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Investment focus

  • Industry: FinTech, GreenTech, Health Care
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
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Kaarel Kotkas
Angel · 1 investments in Estonia Sustainability startups

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

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Investment focus

  • Industry: Gaming, Software, 3D Technology
  • Stage:Seed, Series A, Angel
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $573k–$2.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Yera — Improve quality of support, sales, on-time delivery, time tracking and more. The only fully automated all-in-one engagement & reward system for teams. Results in just 30 days (or less).
  • Yera — Visualize agent performance. Gamify work and plant real trees. High-growth companies use Yera to empower their agents, improve KPIs, and reduce their carbon footprint. Agents can deliver their best work, feel motivated, and help save the planet.
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Kaamos
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

Kaamos is an investment management firm that invests in the construction, real estate, energy sector, and wood industry.

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Investment focus

  • Industry: CleanTech, GreenTech, Manufacturing
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
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Block54
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia Sustainability startups

A web3 investment fund. Created by deep believers that magic happens when human ingenuity meets power of software. We invest in ambitious projects looking to make history.

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Investment focus

  • Industry: Analytics, Blockchain, Ad Targeting
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cookie3 — Cookie3 is the data engine aggregating, processing, and interpreting all existing NFTs and tokens to understand Web3 users.
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Gravity Team
VC Fund · 1 investments in Estonia Sustainability startups

Trading since 2017, we are a top crypto market maker and liquidity provider to over 1,200 crypto-asset pairs across 25+ exchanges.

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Investment focus

  • Industry: Analytics, Blockchain, Ad Targeting
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cookie3 — Cookie3 is the data engine aggregating, processing, and interpreting all existing NFTs and tokens to understand Web3 users.
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Margus Kohava
Angel · 1 investments in Estonia Sustainability startups

Margus Kohava is the head of the Estonian Forest and Wood Industries Association.

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Investment focus

  • Industry: Natural Resources, Environmental Consulting
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • One mtn — 1MTN is bridging Africa and carbon markets to combat climate change through carbon removal projects and planting bamboo. Purchase carbon credits or learn about our partnership-oriented funding model for landowners. #actnow #carbonremoval #plantingbamboo
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Sie Ventures
VC Fund · 1 investments in Estonia Sustainability startups

Investment focus

  • Industry: CRM, SaaS, Mobile
  • Stage:Seed, Series B
  • Geography: Spain, Estonia, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • Your Juno — Join the Your Juno community and take control of your financial wellness. Download our free app and start planning for financial success today.
  • ForceManager — ForceManager is the CRM chosen by sales teams on the move to accelerate their activity and sell more. Try it free from your PC or mobile device.
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Janis Krums
Angel · Riga, Riga, Latvia · 1 investments in Estonia Sustainability startups

Janis Krums is a Venture Partner at change ventures.

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Investment focus

  • Industry: Big Data, Financial Services, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 12
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KWOTA — Kwota offers digital validation and trading services for recycled material CO₂ emissions.
  • PayQin — Vous allez aimer payer en ligne
  • Detail — Record and edit engaging video faster with the simplicity of a camera app combined with the power of a video editor.
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Crypto3 Capital
VC Fund · Grand Cayman, Midland, Cayman Islands · 1 investments in Estonia Sustainability startups

Damo Labs is a blockchain venture capital institution focusing on value investment

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Investment focus

  • Industry: Blockchain, Financial Services, Cryptocurrency
  • Stage:Seed, Corporate Round
  • Geography: Estonia, India, Singapore

Investor stats

  • Total investments: 12
  • Round size: Seed $2.1M–$21M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cookie3 — Cookie3 is the data engine aggregating, processing, and interpreting all existing NFTs and tokens to understand Web3 users.
  • Deliq Finance — Deliq Finance is a decentralized liquidity provisioning protocol that provides outsourcing services for the Avalanche ecosystem.
  • Swell — Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A community-driven and open-source protocol backed by the industry’s leading funds and angels.
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Triin Hertmann
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

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.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $482k–$536k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • Montonio — 10x lower fees and the most customer-friendly financing solution.
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LD Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Estonia Sustainability startups, 6 in the past 12 months

LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 130
  • Round size: Seed $1.3M–$9M; Initial Coin Offering $1.2M–$16M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • GAM3S.GG — Your home of web3 gaming offering game discovery, reviews, guides, news & quests for a full experience.
  • Ola — Ola is a ZKVM-based, High-performance, Privacy-focused layer2 platform.
  • Earn Network — Onboarding millions to make billions in DeFi economy
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Big Brain Holdings
VC Fund · 1 investments in Estonia Sustainability startups, 28 in the past 12 months

Big Brain Holdings is Focused on Investing in Solana projects that have strong potential.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: United States, Switzerland, Singapore

Investor stats

  • Total investments: 76
  • Round size: Seed $850k–$7.5M; Pre-Seed $300k–$1.4M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • HypeLab — HypeLab is a web3 ad network that helps clients acquire new users in a scalable way. It serves both images and video creatives and uploads assets directly on the self-service advertiser portal. HypeLab is located in San Francisco, California.
  • DRiP — Collectibles every week from your favorite creators. For free.
  • Lumina — Lumina is a zero-knowledge, KYC-enabled, enterprise-ready DEX on Mina.
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Bangladesh Angels
VC Fund · Dhaka, Dhaka, Bangladesh · 1 investments in Estonia Sustainability startups

Bangladesh Angels operates as an angel investing platform. Its mission to nurture innovation and entrepreneurship in Bangladesh, connecting them to both local and global investors. Bangladesh Angels was founded in 2018 and is headquartered in Dhaka, Bangladesh.

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Investment focus

  • Industry: Supply Chain Management, Fashion, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Bangladesh, India, Estonia

Investor stats

  • Total investments: 11
  • Round size: Seed $400k–$1.5M; Pre-Seed $91k–$100k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Airwrk — Expand your technology team with the best of South Asian talents. Hire risk-free with a 14-day trial and no hidden markups.
  • Shuttle — Shuttle is a mass-transit startup based in Bangladesh that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers.
  • Reverse Resources — The smartest way to deal with leftovers from fashion production
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Ahmed Faruk Karslı
Angel · Istanbul, Istanbul, Turkey · 1 investments in Estonia Sustainability startups

Ahmed Karslı is the chairman of the board at Papara.

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Investment focus

  • Industry: E-Commerce, Art, Marketing
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 3
  • Round size: Seed $450k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EasyCep — EasyCep, marketplace for refurbished electronics devices was founded in 2018 by Mehmet Akif Özdemir and İsmail Dinçer. Easycep makes it easier for consumers to sell their used electronic devices online. Also, it makes easier for consumers to find and buy professionally refurbished smartphones, tablets, computers and other some electronic devices aswell as 12 month warranty and at up to 70% of their original prices. With the prolongation of electronic products, EasyCep refurbishes them and offers them with a 12-month warranty.
  • Artcomun — Artcomun aims to enable everyone to create, collect and trade art in one platform by the power of algorithms.
  • Glocalzone — Glocalzone is a platform that connects shoppers who want to buy products from abroad and travelers who want to make a profit.
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Grid.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Sustainability startups

Grid.vc is the first investor in superb teams disrupting the energy business.

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Investment focus

  • Industry: SaaS, Energy, Battery
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Estonia

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bioreactor — Bioreactor is a revolutionary technology that converts bio waste into clean energy through biomass gasification. It's a sustainable, efficient and cost-effective solution that addresses energy poverty, energy security and climate change. With the use of the latest technology in computational fluid dynamics, cloud-optimized digital twin anddeep learning algorithms, the Bioreactor can optimize its performance in real-time over a wide range of fuels and operating conditions. The Bioreactor is a game changer in the energy industry, it can reduce greenhouse gas emissions, drastically lower energy costs, and help to alleviate energy poverty on a national scale.
  • Safegrid — Smarter sensors for a smarter grid
  • Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
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Little Green Fund
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Sustainability startups

Little Green Fund invests in companies that are good for the Earth, with teams that can get big things done.

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Investment focus

  • Industry: Nanotechnology
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UP Catalyst — UP Catalyst produces sustainable carbon nanomaterials and graphite for the green energy storage industry.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
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Andrius Slimas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Sustainability startups

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.

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Investment focus

  • Industry: Information Technology, Cooking, Jewelry
  • Stage:Seed
  • Geography: Spain, Estonia, Australia

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
  • Promos — Promos is a startup combining machine learning and crowdsourced market research data.
  • Cloud Factory — Cloud Factory is developing their own line of custom-branded jewelry products for brands, artists, and creators.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Sustainability startups, 8 in the past 12 months

Early-stage VC searching for the next Superheroes.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Estonia, Lithuania

Investor stats

  • Total investments: 51
  • Round size: Seed $161k–$2.4M; Pre-Seed $686k–$1.8M; Series A $3.3M–$4.1M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • Phaver — Welcome to the biggest mobile app on Lens Protocol. Access all that Web3 Social has to offer through one easy-to-use app. Engage with your favourite creators, connect your NFT's, earn rewards and more
  • Videobot — Grow your business with personalised video funnels that engage your audience with human interaction, capture leads, guide your users, enhance customer satisfaction and increase conversion rate.Short videos have already become dominant across social media platforms. Now, this beloved user experience is available on company websites as well. The applications are vast and varied. Discover how it all works by reserving your own presentation slot.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Hartmann Capital
VC Fund · Boca Raton, Florida, United States · 1 investments in Estonia Sustainability startups

Hartmann Capital offers one of the world's first crypto hedge funds to provide accredited investors exposure to Bitcoin and other digital assets in the virtual currency space.

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Investment focus

  • Stage:Seed
  • Geography: United States

Investor stats

  • Total investments: 3
  • Round size: Seed $2.5M–$8.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cookie3 — Cookie3 is the data engine aggregating, processing, and interpreting all existing NFTs and tokens to understand Web3 users.
  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
  • LifeForce Games — LifeForce Games is a blockchain game developer.
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Sustainability Investor funding in Estonia at a glance

Stats across 10 deals from 18 investors.

18
investors
in Estonia Sustainability startups
10
deals
in Estonia Sustainability startups
$1.2M
median round
in Estonia Sustainability startups
28%
lead investors
lead at least one round
40%
Pre-Seed
most common funding stage
83/17
VC / Angel
share of investor count

Access all 18 investors in Estonia Sustainability startups.

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