Top 15 Biotechnology VC Funds & Investors in Latvia (November 2026)

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.

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.

Portfolio highlights

• Cellbox Labs — Cellbox Labs offers industrialized organ-on-chip technology.It generates plug-and-play devices that enable chips to run without input.
• SpirulinaNord — SpirulinaNord cultures and sells freshly harvested frozen spirulina to preserve antioxidants, vitamin content and neutral taste.
• SUBmerge Baltic — Advanced autonomous underwater vehicles for defense, security, and large-scale maritime operations.

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.

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.

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.
• 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.
• Samphire Neuroscience — Samphire Neuroscience builds clinically validated neurotechnology to support women across their lives. Our wearable devices, Nettle™ and Lutea™, are built on the same underlying brain-stimulation technology, targeting neural pathways involved in pain, mood, stress, and sleep regulation. - Lutea™ is available globally as a wellness device. Itstimulates the same regions of the brain to support stress regulation, sleep, and recovery - key drivers of readiness and long-term performance - allowing athletes and teams to move beyond wellbeing education alone to practical, evidence-based intervention. - Nettle™ is a CE-marked (EU and UK regulated), drug- and hormone-free device that has been clinically shown to improve pain, mood, functionality, and the ability to train during the menstrual cycle, with measurable benefits after one month of use - supporting athletes to maintain training intensity and movement quality during their period. - The Samphire App is the platform controlling all Samphire hardware products with the use of CycleSync™ AI technology: the only one of its kind to support personalized neurotechnology use for women.

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.

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.

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.

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.

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 that executes after you decide. Syncs with your store, backs every keyword with live Google search volume, audits Search, Shopping, and PMax, disables margin-draining auto-expansion defaults, eliminates wasted search traffic 24/7, and executes what you approve.
• Outcraft AI — Outcraft AI develops autonomous revenue agents that convert, retain and grow customers across voice, SMS, email and messaging.

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

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.

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.

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.