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Top 5 CleanTech Startup Investors in Latvia (October 2026)

The most active venture capital funds and angel investors investing in Latvia CleanTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia CleanTech startup companies. Find investors to raise a Pre-Seed, Seed or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
The Untitled Venture Company
VC Fund
5 United States, Russian Federation, Latvia Seed, Pre-Seed, Convertible Note Software, SaaS, Analytics $100k–$1.6M
Impact Ventures Hungary
VC Fund
2 Hungary, Spain, Italy Seed, Pre-Seed Software, Agriculture, Health Care $878k–$4.6M
Radix Ventures
VC Fund
1 Poland, Latvia, Ukraine Seed, Venture - Series Unknown, Series B Manufacturing, Biotechnology, Nanotechnology $2.6M–$8.5M
KENDRIS Capital
VC Fund
1 Latvia Seed, Venture - Series Unknown Nanotechnology, CleanTech, Manufacturing
David DeRousse
Angel
1 Latvia Seed Chemical, CleanTech, Cosmetics
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Investor list

The Untitled Venture Company
VC Fund · San Francisco, California, United States · 5 investments in Latvia CleanTech startups

the Untitled Ventures is an early growth stage fund specializing in deep tech from Eastern Europe. Find out how we develop innovative startups into international businesses.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 25
  • Round size: Seed $125k–$1.6M; Pre-Seed $150k–$600k; Convertible Note $100k–$790k
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • Naco — Our mission is development of top quality solutions based on new materials and exceptionally innovative coating technologies for climate neutrality and sustainable products.
  • VAMA — VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world.
  • Wizart — Wizart Home Visualizer helps customers all over the world to choose and visualize finishing materials. Digital tools that boost your sales of finishing materials online and help your clients make decisions quickly
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Impact Ventures Hungary
VC Fund · Budapest, Budapest, Hungary · 2 investments in Latvia CleanTech startups

Impact Ventures is a specialist fund manager focusing on Impact Investments. Our mission is to catalyze social impact by supporting and investing in high-growth social SMEs in Europe, addressing areas of social inclusion, education, employment, health and environmental sustainability.

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Investment focus

  • Industry: Software, Agriculture, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Hungary, Spain, Italy

Investor stats

  • Total investments: 19
  • Round size: Seed $878k–$4.6M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Prosoma — Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychologicalcare often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology.By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy.We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.
  • Doctor.One — Doctor.One is a chronic care platform that empowers healthcare professionals to stay connected with their patients through continuous, asynchronous communication. By transforming care into a relationship-driven experience beyond the visit, we help improve engagement, boost adherence, and ensure that no chronic patient feels alone in their healthjourney.
  • Candam — Candam specializes in developing technology for the waste management solutions sector. It has developed a cost-effective Smart Ring technology capable of recognizing all types of packaging material. Its patented system recognizes all types of packaging material in real time due to acoustic techniques combined with AI algorithms. It aims to improvewaste collection with the use of technology.
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Radix Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Latvia CleanTech startups

Radix is a new Venture Capital Fund established by experienced investors and technology entrepreneurs based in Central and Eastern Europe with the mission to empower radical innovations.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Nanotechnology
  • Stage:Seed, Venture - Series Unknown, Series B
  • Geography: Poland, Latvia, Ukraine

Investor stats

  • Total investments: 7
  • Round size: Seed $2.6M–$8.5M
  • Lead/follow: 71% lead, 29% follow
  • Last fund: Likely still investing — raised $44M in 2024

Portfolio highlights

  • Healant — Imagine a material that repairs itself, cutting waste and prolonging product life. Healant is revolutionizing tire durability and sustainability.
  • Fresh Inset — Fresh Inset Vision is to save the fresh produce resources by delivering efficient and seamless Vidre+ technology to preserve product freshness throughout the supply chain from packer/shipper to end user
  • Fluence.technology — High-performance femtosecond lasers designed for seamless integration and drift-free stability in 24/7 operations.
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KENDRIS Capital
VC Fund · Larnaca, Larnaca, Cyprus · 1 investments in Latvia CleanTech startups

KENDRIS Capital is a multi-asset class AIFM and part of KENDRIS group.

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Investment focus

  • Industry: Nanotechnology, CleanTech, Manufacturing
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Naco — Our mission is development of top quality solutions based on new materials and exceptionally innovative coating technologies for climate neutrality and sustainable products.
  • Naco Technologies — A website that specializes in technology and innovation advancements in the world as well as delivering the same to all people. It also has an interest in giving people the most current news in the tech world. Visit the blog today for more insights.
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David DeRousse
Angel · Chicago, Illinois, United States · 1 investments in Latvia CleanTech startups

David DeRousse

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Investment focus

  • Industry: Chemical, CleanTech, Cosmetics
  • Stage:Seed
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Alina — ALINA develops technology for product sustainable preservation. Technology incorporate state of the art manufacturing process and patented montmorillonite mineral compositions. We challenge preservation market, substituting use of toxic biocides, with montmorillonite mineral additives that are environment and human health friendly materials.
Show all investments...

CleanTech Investor funding in Latvia at a glance

Stats across 12 deals from 15 investors.

15
investors
in Latvia CleanTech startups
12
deals
in Latvia CleanTech startups
$994k
median round
in Latvia CleanTech startups
73%
lead investors
lead at least one round
58%
Seed
most common funding stage
87/13
VC / Angel
share of investor count

Access all 15 investors in Latvia CleanTech startups.

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