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Top 15 Biotech Startup Investors in Latvia (October 2026)

The most active venture capital funds and angel investors investing in Latvia Biotech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia Biotech startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Imprimatur Capital Fund Management
VC Fund
5 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $55k–$690k
Qiming Venture Partners USA
VC Fund
2 United States, Canada, China Series A, Series B, Seed Biotechnology, Health Care, Pharmaceutical $6M–$116M
SOSV
VC Fund
2 United States, China, Canada Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software $50k–$5M
Inovo.vc
VC Fund
2 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $329k–$23M
Abingworth
VC Fund
2 United States, United Kingdom, France Series B, Series A, Series C Biotechnology, Health Care, Pharmaceutical $14M–$120M
Outlast Fund
VC Fund
1 Latvia, Estonia, Canada Pre-Seed, Seed Software, SaaS, Artificial Intelligence $175k–$4.2M
SEB Latvija
VC Fund
1 Latvia Grant, Debt Financing Sports, Handmade, Military $6.6k–$155M
Alexandria Venture Investments
VC Fund
1 United States, Canada, France Series A, Series B, Series C Biotechnology, Health Care, Therapeutics $12M–$150M
ZGI Capital
VC Fund
1 Latvia, Estonia, United Kingdom Seed, Venture - Series Unknown Manufacturing, Machinery Manufacturing, Consulting $55k–$1.6M
FlyCap
VC Fund
1 Latvia, Estonia, The Netherlands Seed, Venture - Series Unknown Health Care, Rental, Medical $55k–$2.9M
Surveyor Capital
VC Fund
1 United States, China, Canada Series B, Post-IPO Equity, Series C Biotechnology, Health Care, Therapeutics $41M–$280M
TSVC
VC Fund
1 United States, China, Canada Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $500k–$44M
Citadel
VC Fund
1 United States, India, Spain Private Equity, Series C, Seed Information Technology, Biotechnology, Health Care $650k–$2B
Roche Venture Fund
VC Fund
1 United States, United Kingdom, Spain Series B, Series A, Series C Biotechnology, Health Care, Therapeutics $5M–$116M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
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Investor list

Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 5 investments in Latvia Biotech startups

Imprimatur Capital Fund Management is a venture capital firm focusing on high-technology at an early stage in its commercial development. We invest in start-up technology businesses which are based on innovative intellectual property, are led by strong teams and have high international growth potential. Imprimatur Capital Fund Management, based in Latvia, manages seed and start-up funds with investors including the Latvian Guarantee Agency, other institutional investors and some private investors. The company source investment opportunities primarily from the Baltic/Nordic/Russia region. Imprimatur Capital Fund Management is a partner firm of Imprimatur Capital Ltd, headquartered in London and with investment operations in Europe, Russia, Asia Pacific, Latin America and the US.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Debt Financing
  • Geography: Latvia, United States, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Seed $125k–$690k; Debt Financing $55k–$70k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2010

Portfolio highlights

  • Axial3D — Leading the way with the latest 3D imaging, models, and devices
  • afriQloud — AfriQloud provides a white-labeled cloud computing solution to telecom operators, internet service providers, system integrators, and managed information technology service providers.
  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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Qiming Venture Partners USA
VC Fund · Cambridge, Massachusetts, United States · 2 investments in Latvia Biotech startups

Qiming Venture Partners USA, founded in 2017, is a healthcare venture capital firm and healthcare investor with deep technical expertise that allows them to identify tomorrow's innovations early and strong operational experience with a hands-on approach that makes us the investor of choice for early-stage biotech companies. Because of their proven, hands-on approach to supporting CEOs and scaling operations, its partners are frequently sought after to serve on company boards. They are respected business and thought leaders.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada, China

Investor stats

  • Total investments: 41
  • Round size: Seed $6M–$55M; Series A $14M–$92M; Series B $36M–$116M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $260M in 2022

Portfolio highlights

  • Altis Labs — Altis Labs is the computational imaging company advancing precision medicine. We believe that medical imaging is the richest source of untapped information. Life sciences companies use our software platform, Nota, to accelerate all stages of clinical development. Trained on over 140 million longitudinal real-world images with associated clinicalinformation, our deep learning models predict clinically meaningful outcomes to quantify treatment effect more accurately.
  • Tenpoint Therapeutics — Tenpoint Therapeutics Ltd. is a global, clinical-stage biotech company developing groundbreaking treatments to rejuvenate vision in the aging eye.
  • Rhino Federated Computing — Activate sensitive data for AI, analytics, and agents with privacy-preserving Rhino Federated Computing.
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in Latvia Biotech startups

SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 3729
  • Round size: Seed $150k–$5M; Pre-Seed $50k–$1.6M; Convertible Note $50k–$3.6M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $306M in 2023

Portfolio highlights

  • Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
  • Simply Good Jars — Simply Good Jars is a B-Corp company that delivers healthy meals in reusable + returnable packaging through use of smart refrigerated kiosks placed in offices, transit centers, universities and health-systems. Driven by purpose to change that way people think about consumption, SGJ introduces sustainable business practices into their everydayoperations with a zero-waste goal. For every jar returned back to the company for reuse, they will help feed someone in need and ensure that no packaging materials end up in landfills.
  • Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
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Inovo.vc
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Latvia Biotech startups, 8 in the past 12 months

VC for the most ambitious founders in CEE

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 103
  • Round size: Seed $329k–$9.9M; Pre-Seed $700k–$3.4M; Series A $1.7M–$23M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $107M in 2022

Portfolio highlights

  • Creem — Creem is the money platform for the AI era. Sell software and digital products globally.
  • Yope — Salo is a discussion platform that erases the borders for people with diverse opinions to let anyone speak up and be heard.
  • Nanogram — Nanogram is an AI-powered gaming startup that creates an instant prompt-to-game platform, allowing anyone to build and share interactive short-form video games. Frequently described as "TikTok for mobile games," the company delivers an endless, vertical social feed of byte-sized, zero-download games that players swipe through and playinstantly.
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Abingworth
VC Fund · London, England, United Kingdom · 2 investments in Latvia Biotech startups

We are Abingworth, a trans-atlantic bio-science investment firm with a deep understanding of both the science and markets we invest in.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 176
  • Round size: Series A $14M–$115M; Series B $18M–$95M; Series C $20M–$120M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $356M in 2023

Portfolio highlights

  • Iambic — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
  • cAMPfield Therapeutics — cAMPfield Therapeutics is a biotechnology company that specializes on exploration and development activities of therapeutic solutions.
  • Cytospire Therapeutics — Cytospire Therapeutics is bringing forward a portfolio of next generation immune cell engagers.
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Outlast Fund
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Biotech startups

The Outlast Fund concentrating on concepts that have a lasting effect.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed
  • Geography: Latvia, Estonia, Canada

Investor stats

  • Total investments: 10
  • Round size: Seed $175k–$4.2M; Pre-Seed $417k–$2.1M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $25M in 2025

Portfolio highlights

  • Superpal — Unlock peak productivity with Superpal - secure, executive-grade AI that automates workflows and elevates your performance.
  • display.dev — display.dev lets you publish HTML or Markdown artifacts from any AI agent to a permanent, private URL secured by your company SSO. Share with unlimited viewers, render charts and layouts faithfully, collaborate with inline comments, and track activity with versions and audit logs.Use a CLI, MCP, or the web app to post files, collect inlinecomments, and have your agent republish against the artifact ID and base version. Switch AI agents anytime without breaking links – the home for your work stays put.
  • Deep Space Energy — Deep Space Energy is to become a commercial provider of radioisotope electricity for deep space science missions, the commercial lunar market, and scientific surface missions on the Moon and Mars.
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SEB Latvija
VC Fund · Kekava, Rigas, Latvia · 1 investments in Latvia Biotech startups

SEB Latvia provides banking services.

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Investment focus

  • Industry: Sports, Handmade, Military
  • Stage:Grant, Debt Financing
  • Geography: Latvia

Investor stats

  • Total investments: 6
  • Round size: Grant $6.6k–$14k; Debt Financing $291k–$155M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Natrix — A military personnel support system developed in collaboration with armed forces, National Guard experts, and industrial designers
  • RedFrog — Indoor Navigation - Let visitors search, find, and get directions. Stride Navigation helps users find their way quickly - right from their smartphone.
  • JSC Eco Baltia — “Eco Baltia grupa” is the largest environment management group in the Baltics in terms of net sales, the company provides full cycle of waste management starting with collection and sorting up to logistics, wholesale and processing of recycled materials. “Eco Baltia grupa” environment management companies are successful household waste,construction waste and separated household waste, as well as other environment service providers to private individuals and companies. The Group includes environment management, collection of recycled materials and used packaging processing companies: “Latvijas Zaļais punkts”, “Eco Baltia vide”, “Eko Kurzeme”, “Jumis”, “Pet Baltija”, “Eko Pet”, “Nordic Plast”, “Eko Reverss” and “Tehhe”.The Group services more than 45,000 clients in Latvia and abroad. The Group companies are leading in their line of operations and large taxpayers in the cities and regions where they operate. “Eco Baltia grupa” is a responsible and stable employer that cares for the welfare, professional development and labour safety of its 600 employees.Vision: The most advanced waste regeneration company in Central and Eastern Europe.Mission: To find a value in each and every thing.Values: • Determination • Creativity / creative approach • Owner’s attitude / responsibility • Ability to see and use opportunities • Courage and initative
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Alexandria Venture Investments
VC Fund · Pasadena, California, United States · 1 investments in Latvia Biotech startups, 15 in the past 12 months

Alexandria Venture Investments is a venture capital firm that develops work in real estate technology, and healthcare sectors. The company's strategic venture capital platform is Alexandria Venture Investments. Since its inception in 1996, the company has invested in disruptive life science, agrifood tech, and technology companies that are developing transformative new modalities and platforms to meaningfully improve human health.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Series C
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 298
  • Round size: Series A $12M–$100M; Series B $25M–$150M; Series C $22M–$140M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Leal Therapeutics — Leal Therapeutics develops novel therapeutics for patients.
  • BigHat Biosciences — We use machine learning and synthetic biology to design and engineer antibody therapeutics.
  • Khartis Therapeutics — Khartis is a drug discovery company developing oral therapies for patients with immune-mediated and chronic diseases. The company focuses on discovering and developing drug candidates intended to address chronic conditions and immune-mediated diseases.
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ZGI Capital
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Biotech startups

ZGI Capital is the fund management company that manages "ZGI fund”, that was founded to support entrepreneurs lacking start-up capital for their business. The total amount of assets available for venture capital investments is of EUR 7.4M. Combined with bank financing, this will allow to finance investment projects with total assets of up to EUR 30M. The fund acts on behalf of various investors including the State.

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Investment focus

  • Industry: Manufacturing, Machinery Manufacturing, Consulting
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia, Estonia, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $55k–$896k; Venture - Series Unknown $306k–$1.6M
  • Lead/follow: 90% lead, 10% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • HansaMatrix — Electronics manufacturing in Eastern Europe including industries like transportation, IoT, technology sectors, medicine & more.
  • RoyaltyRange — RoyaltyRange is a data provider with 4 professional databases covering Royalty rates, Service fees, Loan rates, Companies' financials.
  • Electrify — Electrify manufactures electric buses and minibusses offers charging solutions, and bus infrastructure maintenance.
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FlyCap
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Biotech startups

FlyCap AIF is a Venture Capital Fund of total size of 15.75 MEUR. The Fund provides growth capital for Latvia based SME’s in a form of investments in equity and mezzanine capital.

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Investment focus

  • Industry: Health Care, Rental, Medical
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia, Estonia, The Netherlands

Investor stats

  • Total investments: 30
  • Round size: Seed $55k–$2.9M; Venture - Series Unknown $562k–$2.7M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $21M in 2013

Portfolio highlights

  • Mintos — Mintos is a platform that provides retail investors with an accessible way to build wealth through loan-based investments. Through their platform retail investors can invest in a diversified way in income-producing assets to build wealth in the long term. They implement environmental, social, and employee matters, respect for human rights,anti‐corruption, and anti‐bribery matters within their remuneration policy practices and other internal company documents.
  • Tapcore — Tapcore is the only solution on the market that enables mobile developers to monetize pirated copies of their apps through advertising. Established in 2015, we are a remote company with headquarters in the Netherlands. Currently we serve over 150 million ad requests daily (and counting!).
  • Elmo — In our mobility-focused operations, we wanted to optimize business and decrease environmental impact, so we created remote control technology to deliver cars.
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Access 48,091 investors

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

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Surveyor Capital
VC Fund · Chicago, Illinois, United States · 1 investments in Latvia Biotech startups, 8 in the past 12 months

Surveyor Capital is a fundamental equities business. Surveyor’s sector-aligned investment teams aim to generate alpha through a deep understanding of each company’s strategy, management teams, drivers of performance, and cyclical and secular industry trends over the medium and long term.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series B, Post-IPO Equity, Series C
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 174
  • Round size: Series B $60M–$170M; Series C $60M–$200M; Post-IPO Equity $41M–$280M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • ADCendo — ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment.
  • Enveda Biosciences — Enveda exists to give hope to millions of people around the world by accelerating the discovery of better medicines.
  • Lisata Therapeutics — Lisata is a clinical-stage pharmaceutical company dedicated to improving lives through the discovery, development, and commercialization of innovative medicines.
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TSVC
VC Fund · Los Altos, California, United States · 1 investments in Latvia Biotech startups, 10 in the past 12 months

Founded in 2010, TSVC (formerly TEEC Angel Fund) is proud to be a leading early-stage venture capital fund in Silicon Valley.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 366
  • Round size: Seed $500k–$6.3M; Series A $2M–$44M; Venture - Series Unknown $1M–$41M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely actively investing — fresh fund, raised $20M in 2026

Portfolio highlights

  • Dexmate — Vega 1 Pro is a general-purpose wheeled humanoid on Dexmate's Physical AI platform. One robot for the whole job, from research labs to factory floor.
  • EGI Battery — EGI Battery designs and manufactures advanced lithium-ion pouch cells in Ann Arbor, Michigan, with NDAA-compliant domestic production starting in 2027.
  • Expert Intelligence — Expert Intelligence develops AI systems to scale expert decision-making in regulated laboratory conditions where data is restricted, stakes are high, and validation is required.
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Citadel
VC Fund · Chicago, Illinois, United States · 1 investments in Latvia Biotech startups

We are an alternative investment manager working on behalf of the world's preeminent institutions. Discover our work, teams, careers and more.

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Investment focus

  • Industry: Information Technology, Biotechnology, Health Care
  • Stage:Private Equity, Series C, Seed
  • Geography: United States, India, Spain

Investor stats

  • Total investments: 21
  • Round size: Seed $650k–$10M; Series C $75M–$2B; Private Equity $11M–$120M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Nscale — Nscale full-stack AI cloud platform and services are designed for scale, resilience, and speed.
  • Ionic Digital — Discover how Ionic Digital bypasses development bottlenecks to deliver high-performance data center foundations engineered for certainty, scale, and AI growth.
  • Texas Stock Exchange — The Texas Stock Exchange will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products. TXSE will be a fully electronic, national securities exchange that will seek registration with the U.S. Securities and Exchange Commission.
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Roche Venture Fund
VC Fund · Basel, Basel-Stadt, Switzerland · 1 investments in Latvia Biotech startups

We are the corporate venture fund of Roche, a global leader in bringing medicines and in vitro diagnostics to the benefit of patients.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 124
  • Round size: Series A $7.5M–$86M; Series B $10M–$116M; Series C $5M–$105M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Mironid — Google Analytics is a web analysis service provided by Google. Google utilizes the data collected to track and examine the use of www.mironid.com, to prepare reports on its activities and share them with other Google services. Google may use the data collected to contextualize and personalize the ads of its own advertising network.
  • MISSION Therapeutics — Deubiquitylating enzymes: multiple drug opportunities across therapeutic areas
  • Cour Pharmaceuticals Development — Reprogramming the immune system. Restoring lives.At COUR, we are developing targeted therapies that re-establish calm within the immune system and help rest ...
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Latvia Biotech startups

Practica Capital

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Investment focus

  • Industry: Software, B2B, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 148
  • Round size: Seed $219k–$3.3M; Pre-Seed $555k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem is the money platform for the AI era. Sell software and digital products globally.
  • kopa.ai — Kopa is the AI Google Ads media buyer and ecommerce marketing platform for stores doing 7 figures and up. Replace slow agencies, freelancers, and manual PPC rule tools with store-connected campaigns, AI static and video creatives, 8-area audits, offer pages, and reporting.
  • Outcraft AI — Outcraft AI develops autonomous revenue agents that convert, retain and grow customers across voice, SMS, email and messaging.
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Biotech Investor funding in Latvia at a glance

Stats across 31 deals from 56 investors.

56
investors
in Latvia Biotech startups
31
deals
in Latvia Biotech startups
$532k
median round
in Latvia Biotech startups
36%
lead investors
lead at least one round
32%
Grant
most common funding stage
98/2
VC / Angel
share of investor count

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