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Top 25 Consumer VC Funds & Investors in Latvia (June 2026)

The most active venture capital funds investing in Latvia Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia Consumer startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Imprimatur Capital Fund Management
VC Fund
15 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $63k–$549k
FlyCap
VC Fund
5 Latvia, Estonia, The Netherlands Seed, Debt Financing Health Care, Rental, Medical $55k–$2.9M
Open Circle Capital
VC Fund
4 Lithuania, United States, Canada Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $206k–$7.2M
Expansion Capital
VC Fund
4 Latvia, United States, Norway Seed, Debt Financing Manufacturing, Logistics, Transportation $125k–$713k
Base Ventures
VC Fund
2 United States, South Korea, Canada Seed, Series A Software, Mobile, E-Commerce $346k–$24M
BaltCap
VC Fund
2 Latvia, Lithuania, United States Seed, Series A, Series B Mobile, Information Technology, Apps $127k–$1.3M
HansaMatrix
VC Fund
2
SOSV
VC Fund
2 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
ZGI Capital
VC Fund
2 Latvia, Estonia Seed, Debt Financing Manufacturing, Machinery Manufacturing, Retail $55k–$981k
Visionplus
VC Fund
1 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $77k–$14M
Change Ventures
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$33M
Wistron Corporation
VC Fund
1 United States, Taiwan, Hong Kong Series A, Seed, Series B Software, Artificial Intelligence, Machine Learning $500k–$50M
pirate equity
VC Fund
1 Latvia, Poland, Lithuania Convertible Note Apps, SaaS, VoIP
StartersHub
VC Fund
1 United States, Turkey, Latvia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $20k–$762k
Angelsdeck Global Ventures
VC Fund
1 United States, Russian Federation, Brazil Seed, Pre-Seed, Angel Artificial Intelligence, Software, Education $80k–$6M
Taver Capital Partners
VC Fund
1 United States, India, Latvia Seed, Series A, Pre-Seed Artificial Intelligence, Machine Learning, Software $900k–$8M
Merito Partners
VC Fund
1 Latvia Seed, Private Equity Furniture, Smart Home, Smart Building
IT-Farm
VC Fund
1 United States, Japan, Germany Seed, Series A Software, Health Care, Medical $1.8M–$50M
Seraph Group
VC Fund
1 United States, Canada, Latvia Seed, Series A, Series B Software, Health Care, Artificial Intelligence $800k–$29M
Carthona Capital
VC Fund
1 Australia, United States, United Kingdom Seed, Series A, Series B Software, Financial Services, FinTech $404k–$50M
ZenStone Venture Capital
VC Fund
1 United States, Brazil, Canada Series A, Seed, Series B FinTech, Real Estate, Financial Services $500k–$50M
Social Discovery Group
VC Fund
1 United States, United Kingdom, China Series A, Seed Internet, Apps, Mobile $1.1M–$23M
Baltic Tech Ventures
VC Fund
1 Latvia, Lithuania Seed, Pre-Seed Software, Information Technology, Apps
NuVX Capital
VC Fund
1 Russian Federation, United States, Malta Seed, Pre-Seed Machine Learning, Artificial Intelligence, Drones
The Untitled Venture Company
VC Fund
1 United States, Russian Federation, Latvia Seed, Pre-Seed, Convertible Note SaaS, Software, Information Technology $100k–$1.6M
Access all 34 VC funds in Latvia Consumer startups.

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

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Investor list

Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 15 investments in Latvia Consumer 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 inLatvia, 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: 81
  • Round size: Seed $131k–$549k; Debt Financing $63k–$70k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise 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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FlyCap
VC Fund · Riga, Riga, Latvia · 5 investments in Latvia Consumer 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, Debt Financing
  • Geography: Latvia, Estonia, The Netherlands

Investor stats

  • Total investments: 29
  • Round size: Seed $55k–$2.9M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2013

Portfolio highlights

  • 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!).
  • Purified — Purified is a nutritional supplement supplier.. It offers black chocolate produced by the best doctors in collaboration with scientists.
  • 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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Open Circle Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 4 investments in Latvia Consumer startups

Our Investment FocusWe are interested in technology companies in the fields of ICT, robotics and high-tech. We favor teams of professionals comprised or led by serial entrepreneurs with past growth, fundraising and/or exiting experience. We are looking for product building companies that would be high-potential, fast-growth, and ready toconquer foreign markets. Best time to talk us is just after first revenues in the company.Our investment approach1. It all starts with a conversation where we learn about you and your ambition. 2. In the space of few meetings we are targeting to decide whether to look further. 3. We'll discuss particular terms, ask for more information, and analyse further. 4. The legal part - we know everyone loves it, and, finally, we join your venture.

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Investment focus

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

Investor stats

  • Total investments: 36
  • Round size: Seed $206k–$1.8M; Pre-Seed $212k–$1M; Series A $5M–$7.2M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Ars Ingenii — Ars Ingenii presents a groundbreaking logistics and fulfillment platform, powered by in-house developed hardware and software technologies. That includes patented robotized material handling solutions such as Micro Distribution Centers and advanced fulfillment center automation tailored specifically for efficient e-commerce logistics. By seamlesslyintegrating technologies, we streamline e-commerce logistics, ensuring swift delivery from the origin to the consumer's doorstep.
  • Frontu — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
  • Smart Vision — Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.
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Expansion Capital
VC Fund · Riga, Riga, Latvia · 4 investments in Latvia Consumer 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: Manufacturing, Logistics, Transportation
  • Stage:Seed, Debt Financing
  • Geography: Latvia, United States, Norway

Investor stats

  • Total investments: 40
  • Round size: Seed $200k–$713k; Debt Financing $125k–$246k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
  • Willow Wealth — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.
  • FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
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Base Ventures
VC Fund · Berkeley, California, United States · 2 investments in Latvia Consumer startups

We founded Base Ventures to turn access into opportunity for investors, founders, and the next disruptive idea.

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Investment focus

  • Industry: Software, Mobile, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, South Korea, Canada

Investor stats

  • Total investments: 116
  • Round size: Seed $346k–$7M; Series A $1.2M–$24M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Rebodis — Ribodi’s goal is to empower clothing with intelligence by seamlessly integrating robotics and smart technologies into everyday apparel, enabling robotized garments to become a practical, accessible, and trusted fixture in everyone’s wardrobe.
  • Vivadios — Vivadios’s mission is to build 10x Christian apps that transform the way people engage with the Bible and practice their faith daily, using innovative technology to make Bible learning more accessible, interactive, and meaningful.
  • Index Robotics — Index Robotics is a startup developing upper-body humanoid robots based on high-precision actuator technology .
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BaltCap
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Latvia Consumer startups

BaltCap is a private equity and venture capital investor in the Baltic states of Estonia, Latvia and Lithuania focusing investment on the growth and realization of small and medium enterprises.

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Investment focus

  • Industry: Mobile, Information Technology, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Latvia, Lithuania, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $127k–$1.3M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • UPRENT — UPRENT is a pumping system rental provider which are accompanied with trench shoring systems and power generators. The company serves customers with effective products which enable to get the job done in the shortest time and with lowest energy costs. It guarantees a high level of customer satisfaction by maintaining a constant communication withcustomers, managing customer satisfaction measurement, identifying customer complaints and needs, and assuring appropriate service according to customer needs and requirements.UPRENT was founded on 2013 and is headquartered in Riga, Latvia.
  • TrueCare24 — Care professionals and services for home and business.
  • Lightspace Labs — Seeing is believing
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HansaMatrix
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia Consumer startups

Electronics manufacturing in Eastern Europe including industries like transportation, IoT, technology sectors, medicine & more.

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Investor stats

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

Portfolio highlights

  • Lightspace Labs — Seeing is believing
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in Latvia Consumer startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

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

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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ZGI Capital
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia Consumer 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 toEUR 30M. The fund acts on behalf of various investors including the State.

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Investment focus

  • Industry: Manufacturing, Machinery Manufacturing, Retail
  • Stage:Seed, Debt Financing
  • Geography: Latvia, Estonia

Investor stats

  • Total investments: 25
  • Round size: Seed $55k–$896k; Debt Financing $110k–$981k
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
  • KOOL Latvija — "KOOL Latvija" is a new concept gas station created in Latvia, which at the same time is also a convenient fast shopping place.
  • Bioreactors.net — Biotechnical center is an innovative company and we provide solutions for industrial biotechnology processes, bioreactor manufacturing and industrial automation. We manufacture bioreactors for laboratory, pilot and industrial scale.
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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Latvia Consumer startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $77k–$1.3M; Series A $2M–$14M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Film Finances — Discover Film Finances Inc., the global leader in film completion guarantees, ensuring on-schedule and on-budget delivery for over seven decades. Explore our services and industry expertise.
  • LiveMusicStage — We're a live music venue online. We let you to actually take part in the shows and interact with the bands while they're playing. You're always in the front row
  • Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
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Access 48,091 investors

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

Browse database — It's Free!
Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Consumer startups

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, Latvia, Lithuania

Investor stats

  • Total investments: 64
  • Round size: Seed $500k–$4.5M; Pre-Seed $273k–$2.2M; Series A $1M–$33M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Eurora — Eurora develops an e-commerce suite of customs compliance tools.
  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
  • RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
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Wistron Corporation
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Latvia Consumer startups

Wistron Corporation is a technology service provider supplying innovative.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Series A, Seed, Series B
  • Geography: United States, Taiwan, Hong Kong

Investor stats

  • Total investments: 36
  • Round size: Seed $500k–$7M; Series A $4.3M–$50M; Series B $3M–$20M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Health2Sync — Health2Sync provides patients and care providers with data-driven Digital Therapeutics and personalized healthcare management services including an user-friendly mobile App, cloud-based analytics, and a cloud platform for healthcare professionals.
  • Teramount — Teramount changes the world of optical connectivity by offering a novel solution, the patented PhotonicPlug, for connecting optics to silicon.
  • Zettabyte — Zettabyte offers an AI-native platform that manages and scales GPU workloads efficiently using its intelligent orchestration system.
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pirate equity
VC Fund · 1 investments in Latvia Consumer startups

Micro VC developed to help investors explore new markets and sectors.

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Investment focus

  • Industry: Apps, SaaS, VoIP
  • Stage:Convertible Note
  • Geography: Latvia, Poland, Lithuania

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • asya.ai — We use computer vision, biometrics, deep learning, and a lot of data, to analyze human emotional experiences.
  • LiveCall — LiveCall is the #1 inbound sales calls platform.Most businesses are losing ~50% of potential inbound calls. LiveCall fixes the conversion gap in 'last mile marketing' for businesses using calls.Typical results with LiveCall are 30-120% more sales calls - without increasing your traffic. What's more, you see this within 7 days.Loved by businesses across industries - travel, insurance, finance, travel, automotive, utilities and many more.
  • H-Finance — Infrastructure and compliance for financial institutions to work with digital assets
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StartersHub
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Latvia Consumer startups

An early-stage VC that backs, mainly but not limited to, Turkey & CEE's founders who work to disrupt the system for good.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Turkey, Latvia

Investor stats

  • Total investments: 54
  • Round size: Seed $30k–$762k; Pre-Seed $20k–$550k; Convertible Note $25k–$30k
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2015

Portfolio highlights

  • FenixPyre — FenixPyre provides Post-Authentication Data Security (PADS) to prevent ransomware, mitigate insider threats, and enforce TPRM. It blocks bad actors from stealing sensitive files, enhancing perimeter security while remaining seamless to users.
  • HoustonBionics — HoustonBionics is proud to introduce ExoRehab X, a revolutionary at home stroke rehabilitation device to help support recovery.
  • Visionteractive — Visionteractive develops social media based, fun and interactive physical and digital products, bridging the gap between online and actual world. The company aims to bring a brand together with the target audience by developing various creative products, while enhancing the memorability owing to the interactive experience with the users.Visionteractive was founded on 2013 and is based in Turkey.
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Angelsdeck Global Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Latvia Consumer startups

AngelsDeck Global Ventures. Joint investments and exclusive community.AngelsDeck was created:01 For comfortable and mutually beneficial communication among its members, who share venture capital and self-development values. 02 For priority access to venture capital deals with a recommendation from trusted syndicators.03 By and forinvestors who have an impeccable business reputation and capital transparency.Our Values:* Expertise * We are proud of our members' combined expertise. We create and maintain an environment where all members can conveniently and comfortably share their valuable knowledge.* Exclusivity * In the venture capital market, there is a lot of competition among investors for promising projects. We showcase exclusive deals that are not on the surface.* Syndication * We have created a marketplace where experienced syndicate investors can compete for members' attention by the quality of their deals. Everyone can try the role of a syndicator.* Communication * "As a fish needs water, an investor needs a network," and we have created an exclusive club with a unique atmosphere of online and offline communication between members of equal enthusiasm, aspiration, and motivation.

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Investment focus

  • Industry: Artificial Intelligence, Software, Education
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Russian Federation, Brazil

Investor stats

  • Total investments: 44
  • Round size: Seed $260k–$6M; Angel $80k–$895k; Pre-Seed $200k–$621k
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • CLOSO — CLOSO eliminates e-commerce return costs for retailers, provides sellers with inventory, and helps grow their business.
  • GPU AUDIO — GPU Audio's Early Access program is a free community for users and developers to be part of the benchmarking process for new audio plugins and technology. GPU Audio is the world's only full-stack solution for powering the future of audio using the power of modern GPUs like NVIDIA and AMD.
  • Yalla!Market — YallaMarket / Fast grocery delivery from 15 minutes
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Taver Capital Partners
VC Fund · Wilmington, Delaware, United States · 1 investments in Latvia Consumer startups

Taver Capital is a venture fund that invests in early stage artificial intelligence companies from around the world.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Latvia

Investor stats

  • Total investments: 27
  • Round size: Seed $900k–$4M; Series A $1M–$8M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • CureSkin — Get free AI analysis and dermatologist-prescribed regimens to treat your skin & hair concerns. Holistic, safe & 100% effective. Learn more.
  • Regology — Regology is the leading generative AI-powered Regulatory Intelligence Platform. We help compliance teams in all industries automate regulatory change management and compliance.
  • iFarm — Technologies to grow fresh vegetables, berries and greens
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Merito Partners
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Consumer startups

Merito Partners is a growing private investment company operating in Latvia and the New Nordics.

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Investment focus

  • Industry: Furniture, Smart Home, Smart Building
  • Stage:Seed, Private Equity
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • TapBox — Tapbox is a self-service solution provider for catering, cinema, entertainment, hotel, ticketing, customer servicing, and more.
  • MYCABIN — MYCABIN offering small wooden frame holiday homes in different sizes that can be combined as a set.
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IT-Farm
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Latvia Consumer startups

IT-Farm is a venture capital firm which specializes in seed, start-up, and early stage companies. It primarily invests in mobile, big-data, connected car, IoT, OTT service, Helth care, Bio Tech and other IT industries. The firm actively invests in SF bay area and Japan, as well as other geometries including Asia and Europe. We support portfoliocompanies, especially on the partnership with Japanese enterprises.

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Seed, Series A
  • Geography: United States, Japan, Germany

Investor stats

  • Total investments: 116
  • Round size: Seed $1.8M–$9.3M; Series A $1.8M–$50M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Ubitus — As cloud gaming enablers, Ubitus' GPU virtualization, Streaming technology and hybrid cloud deployment can serve different kinds of solutions for Telco, Game companies to quick enter cloud gaming market. Moreover, Ubitus provide Global distribution and New Media content solution for new media studio and fashion brand to help them distribute rich media contents worldwide.
  • EMobi — EMoBi is a transportation company that provides freight transport, and electric vehicle services with reservation facilities.
  • Global Equipment Services — As a strategic partner to developers of multi-sector products, Averna provides innovative automated testing tool and quality assurance solutions.
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Seraph Group
VC Fund · Foster City, California, United States · 1 investments in Latvia Consumer startups

Seraph Group invests and shares exclusive, early-stage investment opportunities.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Latvia

Investor stats

  • Total investments: 74
  • Round size: Seed $800k–$6M; Series A $2M–$23M; Series B $2.7M–$29M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $3.6M in 2014

Portfolio highlights

  • Zeto — Zeto's wireless dry electrode EEG headset is a full-service solution for hospitals and point-of-care providers.
  • Natilus — We are creating a new generation of hyper-efficient blended wing body aircraft designed to make commercial aviation more sustainable and efficient, ensuring a healthier planet for future generations.
  • Syntiant — Syntiant's ultra-low-power deep learning processors enable Always-On Voice (AOV) control for most any battery-powered device, from earbuds to laptops, at near-zero power.
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Carthona Capital
VC Fund · Sydney, New South Wales, Australia · 1 investments in Latvia Consumer startups

Carthona Capital is a hands-on, proactive, and thematic venture capital investor based in Sydney, Australia that invests globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Australia, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $404k–$4.2M; Series A $3.3M–$17M; Series B $9.8M–$50M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Pathzero — Pathzero's carbon management platform enables any business to start disclosing corporate carbon emissions and the actions being taken to address them.
  • CoverRight — Use CoverRight's tools to find a personalized Medicare plan and get the best coverage for your situation! Compare and enroll in Medicare Advantage, Medigap, and Prescription Drug Plans, all in one place.
  • Lounge — Use Lounge to organise events and groups in seconds, without a newsfeed. Stop scrolling, start living.
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ZenStone Venture Capital
VC Fund · Santa Clara, California, United States · 1 investments in Latvia Consumer startups

Introduction of the investment thesis of ZenStone Venture Capital: Investing in passionate founders with extraordinatry vision and execution at post seed and early venture stages.

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Investment focus

  • Industry: FinTech, Real Estate, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, Brazil, Canada

Investor stats

  • Total investments: 42
  • Round size: Seed $500k–$2.9M; Series A $2.2M–$12M; Series B $3M–$50M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Bolt — Bolt makes Ecommerce better with One-Click Checkout and CheckoutOS. See how Bolt checkout boosts your sales today.
  • EquityZen — EquityZen's mission is to improve the way startup employees are paid by unlocking the value of their equity compensation in a way that benefits all key players: the shareholder, the company, and the investor.
  • DecorMatters — Discover home decor ideas and interior design inspiration. Shop your favorite furniture stores and socialize with other interior designers.
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Social Discovery Group
VC Fund · New York, New York, United States · 1 investments in Latvia Consumer startups

Social Discovery Group is the world's largest group of social discovery companies. It unites more than 40 brands, an investment fund and a venture studio.

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Investment focus

  • Industry: Internet, Apps, Mobile
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, China

Investor stats

  • Total investments: 34
  • Round size: Seed $1.1M–$4M; Series A $2M–$23M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Flure — Flure is a dating app designed to create an open-minded environment for women to meet and converse with like-minded people.
  • My NFT Wars — My NFT Wars is an innovative open-market collectible game with a strong emphasis on RPG and strategy elements. Collect heroes and build your strategy for victory in PVP and PVE battles. Join the world, full of the never-ending struggle for resources, territorial conquest, and political domination.
  • Zhonghui Laser — Zhonghui Laser is an emerging technology company dedicated to the development and manufacture of advanced lasers.
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Baltic Tech Ventures
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Consumer startups

Baltic Tech Ventures is the only publicly traded VC fund with an angel group focused on seed and early stage investment in the Baltic region. Investors can get involved with BTV in two ways: gaining exposure to the entire BTV portfolio by buying shares (NASDAQ:BTE1R) or by direct angel investment into one or more BTV portfolio companies. BTVangel investors benefit from the ability to invest directly into the Baltics' most promising startups on the same terms as the smartest money in the region. Unlike with other VC opportunities, BTV investors can select the companies they invest in, with low investment minimums, no management or success fees, and no lockup. BTV startups are fully vetted by BTV. BTV financials are fully audited, with regulatory oversight under Nasdaq.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Latvia, Lithuania

Investor stats

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

Portfolio highlights

  • asya.ai — We use computer vision, biometrics, deep learning, and a lot of data, to analyze human emotional experiences.
  • VOOVOO — VOOVOO is a cutting-edge service designed for commercial fleets to prevent speeding and aggressive driving in real-time, using in-house developed Safe-Driving Technology - VOOBOX. By proactively avoiding potential problems, VOOVOO enhances transportation safety and minimizes operational costs.Today, approximately 360 million commercial vehiclesare involved in daily economic activities worldwide. We focus on making our technology available to global commerce, starting from Europe and the US. Our business model's main advantages are simplicity of technology integration, easy distribution, and low costs, enabling us to expand rapidly.Our technology has been developed according to UN international standards, with support from the European Institute of Innovation and Technology (EIT Urban Mobility), Georgias Innovation and Technologies Agency (GITA), Promwad - an electrical engineering company, Testups - Test and certification company, and other international organizations. We have conducted all necessary lab and field tests, so our hardware is now under the certificate, allowing us to sell it in 58 countries.Our five-year industry background, established international relationships, technological market trends, and highly qualified management team provide a solid guarantee for the sustainable growth of our project. We forecast earning up to €36M in 5 years with around €20M net profit.From the ongoing SEED round of €500k, €435k is left to be raised. €65K is a contribution to the round from CONNECTOLOGY and EIT Urban Mobility. This investment gives us 18 months runway, enough to meet European standards with a certified product, start supplying reseller partners, onboard about 8 000 cars, and generate €2M+.Feel free to book a call to discuss partnership opportunities: https://calendly.com/voovoo/30min
  • Lerio.io — Hire remote Team in minutes at Lerio. We make it very simple to hire and manage remote teams anywhere in the world.
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NuVX Capital
VC Fund · 1 investments in Latvia Consumer startups

Company’s strategy is to assemble a diversified portfolio of investments in leading deep tech technology companies.

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Investment focus

  • Industry: Machine Learning, Artificial Intelligence, Drones
  • Stage:Seed, Pre-Seed
  • Geography: Russian Federation, United States, Malta

Investor stats

  • Total investments: 11
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Imot.io — Boost your Sales team with AI-powered Quality Assurance
  • Neatsy.ai — Access top orthopedic surgeons virtually for you and your family. Expert guidance, virtual consultations, and comprehensive support from injury to full recovery at a reasonable cost.
  • Proaction.pro — Proaction testing system was developed based on the experience of domestic HR experts in banking, telecommunications, commercial, construction and other industries.
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The Untitled Venture Company
VC Fund · San Francisco, California, United States · 1 investments in Latvia Consumer 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: SaaS, Software, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 23
  • Round size: Seed $125k–$1.6M; Pre-Seed $150k–$600k; Convertible Note $100k–$790k
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — 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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Consumer VC funding in Latvia at a glance

Stats across 55 deals from 34 investors.

34
investors
in Latvia Consumer startups
55
deals
in Latvia Consumer startups
$219k
median round
in Latvia Consumer startups
62%
lead investors
lead at least one round
42%
Seed
most common funding stage

Access all 34 VC funds in Latvia Consumer startups.

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