Top 25 Energy Startup Investors in Latvia (November 2026)

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

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

• LIVO Mežs — LIVO Mežs is a forestry company specialising in logging, timber preparation, trading and exports.
• RĒZEKNES MEŽS — RĒZEKNES MEŽS is a commercial woodworking and forestry enterprise that specializes in procurement and manufacturing. The company purchases birch logs, standing timber, and harvesting rights directly from forest owners. It processes these raw materials to manufacture birch sawn timber and wood products. Additionally, it operates log loading and transportation infrastructure to facilitate the mass export of processed timber to international markets.
• Rēzeknes Siltumtīkli — SIA Rēzeknes siltumtīkli is a municipal utility company that manages centralized district heating systems. The enterprise produces thermal energy using various fuel sources to supply hot water and space heating. It maintains and modernizes localized pipeline networks to transport and distribute heat energy directly to residential buildings, public institutions, and commercial customers. Additionally, the company handles the technical installation of new district heating connections and implements remote telemetry systems for automated consumption metering.

Portfolio highlights

• CereGate — CereGate is a Brain-Machine Interface company establishing new ways of communication.
• 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.
• VoicePatrol — VoicePatrol provides real-time voice chat protection, detecting and acting on severe toxicity and illegal activity for online communities.

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

• Cellbox Labs — Cellbox Labs offers industrialized organ-on-chip technology.It generates plug-and-play devices that enable chips to run without input.
• Blue Shock Race — BSR is a Latvia-based in-house manufacturing company known for creating the world's most powerful rental electric go-karts featuring a quick-swap battery system, which have been exported to 40 countries. Leveraging a strong engineering team, BSR is expanding its portfolio by developing electric motorcycle power unit systems, battery energystorage solutions, and custom electric technology products to meet growing market demands.

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

• BirdyChat — One chat for your team, people outside your company, and your agents. Free, built, and hosted in the EU.
• Giraffe360 — Real estate camera and AI software that turns one property capture into HDR photos, floor plans, 360 virtual tours, videos and property websites.
• Saltz — Premium ingredients for your menu with no hidden delivery fees or markups.

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.

Portfolio highlights

• Eco-Future Kamianka — Eco-Future Kamianka is a renewable energy company that focuses on the development and operation of solar power infrastructure in the Khmelnytskyi region of Ukraine.
• Elektryka Ukraine — Elektryka Ukraine is a Ukrainian energy company that specializes in power infrastructure development and battery energy storage system.
• MHP Group — MHP Group is an international in food and agri-tech, producing high-quality and delicious food products that enhance the lives of consumers.

Portfolio highlights

• Adianano — Adianano is a high-tech start-up that specializes in the manufacture of nanomaterials.Microwave synthesis has been used to generate high-quality nano-silicon and low-layered graphene, according to the business. The energy density of a Li-ion battery can be dramatically increased using this technology.It is founded in 2018 and is headquarteredin Centra Rajons, Latvia.

Portfolio highlights

• SIA SMA — SIA SMA is a contemporary and rapidly expanding construction company committed to providing high-quality standards to large infrastructure projects. The company specializes in full-cycle project execution, employing its own dedicated team and specialized equipment to keep rigorous control over quality and timeframes.
• Livonia Print — Livonia Print specializes in pre-press, binding solutions, finishing, digital production, delivery, and commercial printing services.
• Mūsa Mežciems — Mūsa Mežciems is a automotive dealership & mobility-solutions company, It sells new & used passenger vehicles, provides servicing.

Portfolio highlights

• Threedy — Unlock the power of real-time 3D data. Accelerate workflows, optimize operations, and scale effortlessly with instant3Dhub.
• Cellbox Solutions — Cellbox Solutions is a young technology company that focuses on innovative logistic solutions for the global BioMed industry.
• PerioTrap Pharmaceuticals GmbH — PerioTrap is an early stage biopharmaceutical company that aims to eradicate the root cause of periodontitis

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

• Gijos — Gijos is a Vilnius city energy group.
• Ellevio — They have solid knowledge of electricity grids. With many years of experience in distribution, they are one of Sweden's leading electricity grid companies. Are you interested in Ellevio as a company and the history of how the electricity grid came to Sweden? Then you have ended up just right! Here they tell you more about us, their projectsand future goals as well as what it is like to work within the company.
• Valokuitunen — Valokuitunen tuo kotiisi nopean ja toimintavarman nettiyhteyden. Tarkista valokuidun saatavuus ja tutustu avoimen kuidun etuihin.

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

• The Littery — The Littery is an environmental services company that recycles plastic pollution into e-lottery tickets.The company uses IoT and Computer vision to reframe litter into e-lottery tickets that cause an instant change of attitude due to the innate human optimism bias resulting in an immediate and lasting behavioral change. Its breakthrough idea hasthe potential to revolutionize the littering and household packaging collection markets with its superior solution by motivating citizens to keep their cities clean by themselves. Cities that partner with The Littery experience cleaner communities with less litter and happier citizens at a lower cost.The Riga, Riga-located company was founded by Michael Manniche in 2019.

Portfolio highlights

• Flirtu — Dating in Telegram
• FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
• Willow Wealth — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.

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.

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

• 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.

Portfolio highlights

• Upwood — Upwood is a sustainable green investment venture that aims to revolutionize the financial services through accessible forest investment.
• Robutler — Pro-grade apps, built by people and their agents. Free to use, open to remix. Makers earn from real usage.
• Ranking Copilot — The world's first AI-powered software to automate legal directory submissions

Portfolio highlights

• Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
• Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
• Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!

Portfolio highlights

• HYGEN — Connected to a regular gas grid, HYGEN systems fuel NGVs anywhere in just a few minutes, transforming the grid into global distributed Bio-CNG fueling network.

Portfolio highlights

• HYGEN — Connected to a regular gas grid, HYGEN systems fuel NGVs anywhere in just a few minutes, transforming the grid into global distributed Bio-CNG fueling network.
• Dioxycle — Dioxycle is develop electrolyser solutions for carbon dioxide emissions.
• Soteria Battery Innovation Group — Soteria is revolutionizing lithium-Ion battery safety to enable inherently safe batteries everywhere. Soteria’s technology acts as an internal fuse within the battery to prevent ignition events. It aims to ensure that these materials are available to every battery manufacturer with local production from a broad supply base so that every device -whether a hearing aid or an electric bus - can have a battery that is virtually impossible to self-ignite. It was founded in 2017 and is headquartered in Greenville, South Carolina.