Team

  • Management & Legal

    Tauno Tats
    CEO

    As CEO, Tauno runs all of the operations, management, administration, and business development at ASI. While being in touch on a regular basis with all of ASI’s portfolio companies, Tauno is responsible for Private Equity and Real Assets investments.

    Before joining ASI in mid-2007, Tauno served as the Vice-Chancellor for the Ministry of Finance of Estonia. At the ministry he was responsible for, among other things, the merger of the Taxation and Customs Boards of Estonia, a complex and celebrated milestone for the administration. He also has strong executive management experience from the banking and industrial sectors.

    He holds an M.Sc. degree from Tallinn University of Technology.

    Skype: taunotats
    Keiu Heinpalu
    Lawyer

    Keiu is responsible for the legal work related to ASI´s prospective investments and day-to-day operations. Keiu also supports all of ASI’s founders on any legal issues.

    Before joining ASI in 2006, Keiu worked for several privately-owned companies as a management assistant.

    Keiu is a big believer in taking healthy time off from work and spending it with family and friends.

    Keiu holds a Bachelor's degree in Law from University of Tallinn, Estonia.
    Skype: keiuheinpalu
    Heleri Hinno
    Management Assistant

    Heleri is responsible for all office management issues and handles all ASI's and portfolio companies administrative matters.

    Before joining ASI in 2008, she worked in real estate development implementing and improving quality management systems. Prior to that, she worked in the shipping industry with a focus on QA, ISM and business management.

    Alongside her passion for kitesurfing and winter swimming, as a nature-loving person Heleri has a penchant for gardening and saunas.

    Heleri holds a degree in accounting from Tallinn University of Technology.

    Skype: helerih
  • Investments

    Arko Kadajane
    Portfolio Manager

    Arko is responsible for ASI's Listed Equity investments, investing ASI’s stock portfolio based on value-investing principles. Investments are made into different sectors except for non-ethical industries. He also plays the key role working out ASI's overall portfolio and investments strategy. As Arko has been involved in stock markets since 1996 and has previously worked in the fields of private equity as well as listed equity, he has extensive expertise in the qualitative and quantitative business factors.

    Before joining ASI in 2006, Arko worked as an analyst, investment manager and project manager in the investment banking field, and managed a family-owned business. In ASI, he started as a senior analyst in the private equity unit.

    Like many of his colleagues, Arko is passionate about sports. He enjoys cycling and the peace and quiet of cross-country skiing.

    Arko holds a bachelor’s degree in international business administration from the Estonian Business School.

    Skype: arkok25
    Kaspar Daljajev, CFA
    Investment Analyst
    Kaspar’s primary responsibility is the research of listed securities for ASI’s investment portfolio. In addition, he analyses potential candidates for private equity investments.

    Kaspar joined ASI in 2011, prior experience involves working in stock brokerage and a short leap into entrepreneurship during university years.

    He has a BSc in Business Administration from Stockholm School of Economics in Riga (cum laude) and an MSc in Business Administration specializing in Energy studies from Norwegian School of Economics. He is also a CFA charterholder.
    Skype: kdaljajev
    Getter Nurges
    Junior Investment Analyst

    Getter’s primary responsibility in ASI is the screening process and research of listed securities for ASI’s stock portfolio. Additionally, Getter supports other day-to-day operations regarding ASI’s other investments.

    Prior to joining ASI in 2015, Getter worked in the field of banking. She currently holds a B.Sc from Tallinn University and an M.Sc in Business Administration specializing in Business Finance and Accounting from Tallinn University of Technology.

    Alongside being passionate about sports and active lifestyle, she enjoys cooking, travelling and spending time with friends and family in her spare time.

    Skype: getternurges
  • Founders

    Toivo Annus
    Founder

    Like other founders, Toivo is involved in ASI's investment decision making process.

    He was a co-founder of Skype, where he built and managed engineering organization, based in Tallinn, Estonia, being responsible for the hiring, engineering processes in general and delivery of the core p2p functional component until Ebay acquired the company in late 2005.

    Since 2011 Toivo has been active as an individual investor, focusing on early stage B2C ecommerce, drones and payments projects. 

    Skype: toivo
    Priit Kasesalu
    Founder

    Like other founders, Priit is involved in ASI's investment decision making process.

    Priit is co-founder of Skype and played an integral role in developing Kazaa.

    While cryptography and data communication are his areas of expertise, his other passion is computer game development. Together with Ahti and Jaan, he wrote the first Estonian commercial computer game, Kosmonaut.

    Skype: priit
    Ahti Heinla
    Founder

    Like other founders, Ahti is involved in ASI's investment decision making process.

    He is currently at Starship Technologies as co-founder/co-CEO/CTO, developing and operating robotic urban delivery technology for food, grocery, and package industries. 

    Ahti picked up programming at the early age of ten, his fascination with all things technical resulting in him being the lead technical architect and co-founder at Skype. Ahti has also worked on artificial intelligence, 3D graphics engines, signal processing, and building mobile phones.

    Skype: ahti
    Jaan Tallinn
    Founder

    Like other founders, Jaan is involved in ASI's investment decision making process.

    Jaan is a founding engineer of Skype and Kazaa. He is also a co-founder of the Cambridge Centre for the Study of Existential Risk and Future of Life Institute, philanthropically supporting other existential risk research organisations. Jaan is on the Board of Sponsors of the Bulletin of the Atomic Scientists and has served on the Estonian President's Academic Advisory Board. He is also an active angel investor and a former investor in and director of the AI company DeepMind.

    Skype: jaan
    Birgit-Barbara Narits
    Assistant

    Birgit-Barbara is the personal assistant of ASI's founders. 

    Before joining ASI in 2015, she worked as a sales assistant in the automotive field. 

    She has acquired professional higher education in Tallinn Health Care College in the field of health care promotion.

    In her spare time, she relaxes by walking in nature or reading. In addition, she enjoys roller skating and cooking.



    Skype: birgit-barbara
  • Advisory

    Margus Uudam
    Founding partner at karma.vc. Previously head of venture capital investments at Ambient Sound Investments, chairman of EstVCA, CEO at Estonian Energy Distribution Network and Fontes. Excited about strategy, growth, HR and business models.
    Kristjan Laanemaa
    Founding partner at karma.vc. Previously investment manager at Ambient Sound Investments, finance specialist at SLProductions and LHV Corporate Finance. Mentor to entrepreneurs in Seedcamp and Startup Wise Guys accelerators.