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Top 10 EdTech VC Funds & Investors in Latvia (November 2026)

The most active venture capital funds investing in Latvia EdTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia EdTech 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
7 Latvia, United States, United Kingdom Seed, Debt Financing, Venture - Series Unknown Software, Information Technology, Apps $55k–$1.3M
Vesna Investment
VC Fund
2 Latvia Seed, Venture - Series Unknown EdTech, Internet, Education
Buildit VC
VC Fund
2 Latvia, Estonia, Lithuania Pre-Seed, Seed, Grant Health Care, Electronics, Manufacturing $5k–$1.3M
FlyCap
VC Fund
2 Latvia, Estonia, The Netherlands Venture - Series Unknown, Seed, Debt Financing Health Care, Rental, Medical $55k–$2.9M
Taver Capital Partners
VC Fund
1 United States, India, Latvia Seed, Series A, Pre-Seed Artificial Intelligence, Software, Machine Learning $900k–$8M
Almaz Capital
VC Fund
1 United States, Russian Federation, Germany Series A, Seed, Series B Software, Artificial Intelligence, Internet $1.1M–$58M
Emerge VC
VC Fund
1 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Education, EdTech, Software $41k–$22M
Capitalia
VC Fund
1 Latvia, Sweden, Lithuania Seed, Debt Financing Software, CAD, Apps $149k–$9M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
Moscow Seed Fund
VC Fund
1 Russian Federation, United States, Israel Seed, Debt Financing, Venture - Series Unknown Software, Information Technology, Advertising $47k–$2M
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Investor list

Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 7 investments in Latvia EdTech 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, Venture - Series Unknown
  • Geography: Latvia, United States, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Seed $125k–$690k; Debt Financing $55k–$69k; Venture - Series Unknown $57k–$1.3M
  • 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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Vesna Investment
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Latvia EdTech startups

Vesna Investment offers financing for internet start-ups. During the post-investment stage Vesna Investment will become an active partner, providing support and experience.

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Investment focus

  • Industry: EdTech, Internet, Education
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • YaClass — YaClass is an edutech startup offering K12 online programs in math, sciences and languages, as well as preparation tests for state exams.
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Buildit VC
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia EdTech startups

18 batches, 3500 applications, 100+ startups, 18 countries... ...and Growing. The Buildit journey began in 2013 in Estonia as the first hardware-focused accelerator in the Nordics. Over the past 12 years, we’ve evolved from offering €10,000 pre-seed tickets to becoming a full-fledged venture capital fund capable of investing up to €1.5 million in visionary startups. Our story is one of growth, resilience, and transformation. We’ve been alongside startups as they’ve soared to success, navigated complex challenges, and sometimes faced setbacks. Just like them, we’ve grown—through tough times and triumphs alike. This shared journey shapes the expertise we bring to the table. At Buildit, we specialize in accelerating hardware and IoT startups, helping them scale faster and smarter. From refining prototypes into market-ready products to securing substantial investments, we empower entrepreneurs to turn bold ideas into tangible realities. With us, startups don’t just grow— they thrive. Buildit is supported by Altum Accelerator program, which is financed from the European Regional Fund.

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Investment focus

  • Industry: Health Care, Electronics, Manufacturing
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Latvia, Estonia, Lithuania

Investor stats

  • Total investments: 52
  • Round size: Seed $13k–$1.3M; Grant $5k–$12k; Pre-Seed $23k–$221k
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — raised $3.2M in 2018

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.
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FlyCap
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia EdTech 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:Venture - Series Unknown, Seed, Debt Financing
  • Geography: Latvia, Estonia, The Netherlands

Investor stats

  • Total investments: 30
  • Round size: Seed $55k–$2.9M; Debt Financing $330k–$2.2M; Venture - Series Unknown $265k–$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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Taver Capital Partners
VC Fund · Los Altos Hills, California, United States · 1 investments in Latvia EdTech startups

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

Investor stats

  • Total investments: 28
  • Round size: Seed $900k–$5.8M; Series A $1M–$8M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • CureSkin — Get free AI analysis and dermatologist-prescribed regimens to treat your skin & hair concerns. Holistic, safe & 100% effective. Learn more.
  • EARTH AI — We are a vertically integrated AI-powered explorer that discovers, develops, and owns critical mineral mines.
  • Regology — Regology is the leading generative AI-powered Regulatory Intelligence Platform. We help compliance teams in all industries automate regulatory change management and compliance.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investments in Latvia EdTech startups

Almaz Capital is an international venture capital firm investing in early stage, capital efficient technology companies. A unique bridge fund headquartered in Silicon Valley, Almaz Capital connects Eastern European/former Soviet engineering and entrepreneurial talent to the U.S. market and helps build global businesses. The firm invests in high-growth sectors such as artificial intelligence and blockchain applications, data engineering, cybersecurity, industrial IoT, networking architecture and infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Founded in 2008, Almaz Capital has invested in over 30 portfolio companies and has had nine exits to date.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, Russian Federation, Germany

Investor stats

  • Total investments: 109
  • Round size: Seed $1.1M–$10M; Series A $2M–$21M; Series B $3.1M–$58M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2016

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
  • Acumatica — Acumatica Is the Complete Cloud ERP Solution For All Your Business Management Needs Today and In The Future.
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Emerge VC
VC Fund · London, England, United Kingdom · 1 investments in Latvia EdTech startups

Emerge is a $75M pre-seed fund for human capital development: consumer learning, careers and AI diffusion at work. First cheques of $500k to $2.5M, UK and Europe.

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Investment focus

  • Industry: Education, EdTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 80
  • Round size: Seed $41k–$7.2M; Pre-Seed $42k–$3.2M; Series A $5M–$22M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $73M in 2024

Portfolio highlights

  • VARM — Varm provides efficient insulation for energy saving and comfort.
  • 5U AI — 5U AI gives freight teams an AI workforce that's connected across multiple communication channels to understand, reason and act on data.
  • Kinfolk — Resolve 70% of employee requests, run lifecycle programs on autopilot, gain visibility into service delivery and unlock capacity to scale Workforce Ops.
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Capitalia
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia EdTech startups

Capitalia, a company listed on Nasdaq Baltic stock exchange, is the leading financer for small and medium enterprises in the Baltics. As our focus is set on SME’s we are able to provide financing that serves as a supplement or as an alternative to the loans issued by commercial banks. Since the founding of Capitalia in 2007 we have issued financingto more than 1000 companies and consulted more than 100 businesses in various financial matters.

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Investment focus

  • Industry: Software, CAD, Apps
  • Stage:Seed, Debt Financing
  • Geography: Latvia, Sweden, Lithuania

Investor stats

  • Total investments: 7
  • Round size: Seed $149k–$9M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Favro — The #1 app making collaborative planning working at scale between teams for SaaS & Live Games companies. Agile team collaboration, smoother than ever.
  • Ondato — Ondato provides KYC software for secure customer onboarding, identity verification and AML compliance. Prevent fraud and automate customer checks.
  • AISPECO — AISPECO systems for aerial inspection, surveying, mapping. Tailored for airplanes, helicopters and drones. Multiple camera and LiDAR options.
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Latvia EdTech 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: 157
  • Round size: Seed $219k–$3.2M; Pre-Seed $555k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 50% lead, 50% 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 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.
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Moscow Seed Fund
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Latvia EdTech startups

The Fund for the Promotion of Venture Investment in Small Enterprises in the Scientific and Technical Sphere of Moscow was established by the Department of Entrepreneurship and Innovation Policy of Moscow.

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Investment focus

  • Industry: Software, Information Technology, Advertising
  • Stage:Seed, Debt Financing, Venture - Series Unknown
  • Geography: Russian Federation, United States, Israel

Investor stats

  • Total investments: 96
  • Round size: Seed $47k–$380k; Debt Financing $80k–$267k; Venture - Series Unknown $271k–$2M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Ubirator — Ubirator is a waste management service for reasonable business.
  • ML One — The solutions offered by ML One will allow producing from all sidetracks of a multilateral well and enable precise re-entry into the mainbore and laterals during production. We offer solutions suitable for new wells and existing multilateral wells with casing strings of any size.
  • Drone Solutions — Drone Solutions provides a semi-automatic complex for the protection of the object 24/7 from the air.
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EdTech VC funding in Latvia at a glance

Stats across 30 deals from 27 investors.

27
investors
in Latvia EdTech startups
30
deals
in Latvia EdTech startups
$170k
median round
in Latvia EdTech startups
44%
lead investors
lead at least one round
33%
Seed
most common funding stage

Access all 27 VC funds in Latvia EdTech startups.

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