Top 40 Hardware Startup Investors in Latvia (October 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

• Lightspace Labs — Seeing is believing

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

• 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

• 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

• Verkter — Verkter is a commercial group offering DIY tools and accessories.
• 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.
• Nord Security — Nord Security is the leader in the field of online privacy and security. Our security tools have earned praise from respected experts and tech outlets.

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.
• Will Perform —
• Sume — Sume provides agent-native video generation APIs and tools for creating avatar-based and UGC-style videos. The company offers Sume Avatar 1.0, a multi-model orchestration system that behaves like a single avatar endpoint for generating talking-head and product-focused clips. Developers use the Sume Developer API and CLI to create reusable avatars,submit structured video generation jobs, track status, and retrieve production-ready media. The platform supports workflows where agents or applications coordinate creative inputs such as avatars, scripts, and product images. Sume for Brands provides an AI creative application that turns product URLs, product assets, and creative direction into ad-ready UGC-style videos. Its services are used for advertising, branded content, and other video-based communication scenarios.

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

• OHMYSYNT — AI-powered tool for businesses and creators, that alters videos in seconds using text prompts.
• DrugCards — DrugCard - AI-powered pharmacovigilance tools & services for automated literature monitoring, regulatory intelligence and adverse events management.
• Rapid Delivery Analytics — Digital shelf analytics for mobile-first grocery and convenience deliveries. Track pricing, visibility, availability, promotions, and competitor performance across rapid delivery platforms.

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.

Portfolio highlights

• Enevo — Enevo works with its customers to transform the financial, environmental and social impact of waste. Founded in 2010, Enevo began providing waste data from dumpster sensors using its proprietary analytics software. Enevo now provides full management of waste and recycling services for restaurant, retail and commercial property customers throughoutNorth America. It provides the first predictive end-to-end solution that automates the whole planning and operations of waste and recycling logistics.Enevo has raised more than $34M in private equity funding to date and continues to invest in technology and new processes to deliver the peace of mind its customers need.
• Jerry — Jerry simplifies the expensive, frustrating, and time-consuming aspects of car ownership.
• Jerry — Jerry compares 100+ insurers, tracks repairs and recalls, offers roadside help and helps you drive safer. One app to make ownership easier.

Portfolio highlights

• Lightspace Labs — Seeing is believing

Portfolio highlights

• CLOSO — Source pallets on the Closo wholesale marketplace, crosslist inventory across marketplaces, and run your liquidation business on Closo Liquidators OS.
• Rhino — First-class armored rides
• Receiptable — Deliver digital receipts to an app already installed on consumers' phones. Unlock the receipt data to better monetise your customers through more personalised services. We deliver convenience, augmented data and positive impact for the environment.

Portfolio highlights

• VoiceMed — Track respiratory health using voiceWe bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we track the evolution of respiratory diseases.
• Assiduous — The AI-enabled platform to do the heavy-lifting for business owners seeking finance for their aspiring growth company.
• Veganistik — Veganistik is a new generation vegan social platform, helping you start your plant-based life or maximize your experience.

Portfolio highlights

• Lightspace Labs — Seeing is believing

Portfolio highlights

• METAD — METAD produces and exports coffee beans.
• Dough Works — Dough Works is the operator of Pizza Hut in Tanzania, offering quality pizzas across the country through its chain of restaurants.
• Saviu Ventures — Saviu is a venture capital fund focusing on African early-stage startups.

Portfolio highlights

• Orita — Orita combines advanced AI with easy-to-use tools to help brands maximize the value of their current customer lists. Optimize campaigns and flows across Email, SMS, and Direct Mail.
• UNIT AI — Simplify ecommerce fulfillment with AI-powered robotic inventory systems. 12x cheaper, plug-and-play, <12 month ROI. Transform single-item logistics.
• Nuron AI — Intellivisa is the AI clearance engine for international travel. Visas, travel authorizations, declarations and entry rules handled for every booking, so travelers reach the airport ready to fly.

Portfolio highlights

• Cloobot Inc — Cloobot X: Your Premier Software Implementation transforms your vision into reality with our state-of-the-art software implementation studio. Leveraging cutting-edge AI technology, our expert team delivers rapid, efficient, and innovative solutions tailored to your unique business needs.
• Tokenise — Tokenise acts as a data layer for web3 projects and their tokens. We help founders build their tokens simply, mint/launch their tokens on-chain and then manage their tokens in one place. Tokenise enables founders to curate rich data rooms that make it easier for investors to get onboard. We empower community with unprecedented insights andaccessibility into their favourite projects and their tokens.
• Bloodstock Advantage — Stealth

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.

Portfolio highlights

• PREVE — Supporting back-to-back physios with their daily caseload, simplifying admin whilst making the patient experience more enjoyable. Preve does the admin work for practitioners. One click clinical notes, treatment plans, home rehab and documents.
• LendUs — LendUs caters for all different types of home loan requirements for consumers. The platform is designed to provide a simple home loan experience, completing much of the application preparation.
• Hubble Network — Connect a Bluetooth device to a global satellite network, delivering affordable, low-power tracking and monitoring for diverse industrial and commercial applications.

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.

Portfolio highlights

• Qlarifi — Qlarifi is the first real-time BNPL consumer credit database.
• Credible — As a multi-lender marketplace that allows borrowers to receive competitive loan offers from its vetted lenders, Credible empowers consumers to take control of their finances. After answering a few questions about themselves, consumers can receive rates without affecting their credit score or sharing their personal information with lenders untilthey're ready to proceed with an offer.Credible is fiercely independent and committed to delivering fair and unbiased financial solutions for millennials.
• Airdog — We build smart robots that bring unprecedented value to its owners.

Portfolio highlights

• Parcelsea — Parcelsea is a technology firm that provides e-commerce users and last-mile delivery service providers with an open network platform. The goal is to create a smart mailbox that is user-friendly and secure for everyone.
• RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
• Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

Portfolio highlights

• Cleerly — Cleerly is a healthcare company whose mission is to create digital care pathways to prevent heart attacks. The company develops a new standard for coronary artery disease by integrating quality clinical science with the latest-generation AI, in order to offer actionable clinical insights to every stakeholder in the heart care pathway.Throughthese data-driven solutions, the company aims to provide a comprehensive solution for cardiovascular disease evaluation that offers value to the healthcare system and improves heart health for patients at risk of heart attacks.
• Litterati — Litterati is an app that encourages users to pick up and track litter.The app plans to let users join groups, so that schools, clubs, and other communities can track their collective efforts rather than having to go solo. It will also introduce maps, so litter-pickers can see what else is being picked up in their neighborhoods.
• Kingdom — Kingdom Supercultures create microbial cultures that help food manufacturers to create new foods with boosted benefits. It re-assembles nature's microbes into new combinations, creating plant-based foods that taste like dairy, low-alcohol beverages with full flavor, and natural preservatives that work as well as artificial ones.They workwith clients across diverse industries including food, beverage, personal care, beauty, and more. Their technology comprises an expansive biobank of GRAS microbial strains, high-resolution strain characterization, and new algorithms for predicting and assembling microbial communities.

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.
• BitBiome — BitBiome is a biotechnology company focused on analyzing microbial genomes and discovering enzymes and proteins that can be applied across industries such as pharmaceuticals, food production, and sustainable manufacturing. The company uses single-cell microbial sequencing technology to study microbes that are difficult to culture throughconventional laboratory methods, enabling the creation of a large microbial genome database called bit-GEM. Its platform supports enzyme discovery, genome analysis, and bioengineering efforts aimed at developing bio-based alternatives for industrial processes. bitBiome also works with academic institutions and commercial partners on research projects involving areas such as biodegradable materials, biomass conversion, and pharmaceutical ingredient synthesis. The company positions microbes as a resource for advancing the bioeconomy by providing tools and data that support biotechnology research and industrial applications.
• POPS Worldwide — POPS Worldwide is the leading digital entertainment company in Southeast Asia. With over 4 billion monthly views of its music and entertainment content, POPS is the fastest growing digital entertainment media company with hundreds of artists, content creators and partners from broadcast television, publishing and production in the POPS Network.POPS also produces a wide variety of original content for its industry-leading owned and operated channels like POPS Music, POPS Kids, POPS TV, Beauty Me, HerVoice and CoolTV that target highly sought after demographics: teens, kids, women and men.

Portfolio highlights

• aiomics — Aiomics | Back to your calling.Across Europe, healthcare providers lose hours every day to fragmented documentation—handwritten notes, scanned PDFs, dictations, disconnected IT systems. The result: burnout, missed revenue, and patients feeling like they’re asked the same question three times.Aiomics changes this. Our AI-driven co-pilot capturesevery clinical detail—speech, handwriting, digital notes—and validates it in real time with a human-in-the-loop process. Interactive checklists surface missing information before the patient leaves, and audit-ready records flow straight back into existing systems. Built for GDPR, MDR, and the EU AI Act from day one, Aiomics makes documentation complete, compliant, and instantly usable.We don’t replace EHRs—we make them better. From admission and discharge reports to insurer forms, from therapist briefings to patient-friendly letters, Aiomics turns paperwork from a burden into an asset. For providers, that means fewer errors, faster reimbursements, and—most importantly—more time at the bedside.Our mission: to empower healthcare professionals by removing administrative burdens and elevating their decision-making with trusted AI guidance—so they can reconnect with why they chose this vocation in the first place.Who we are: Aiomics is co-founded by Dr. Sven Jungmann, a physician with frontline experience of administrative overload; Dr. Nikita Tarasov, a physicist and data scientist; and a lawyer who scaled one of Europe’s largest digital service companies. Together, we unite empathy, technical mastery, and regulatory expertise to build the trusted co-pilot for Europe’s healthcare providers.
• elasticStage — Create your own vinyl or CD today. Upload music & artwork, order copies, or sell to fans for free with elasticStage. No costs, shipped in weeks not months.
• YOUTH — Full health check-up in less than 2 minutes!

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

• Secret — Secret offers an online platform that enables users to share their personal secrets with other users anonymously. It owns and operates a mobile application that helps users to share and connect with friends. The company was founded in 2015 and is headquartered in San Francisco, California.
• Recharge Labs — Overview Need a place to nap or shower in the city? Instantly book a luxury hotel room near you and pay by the minute.There's no need to book in advance or to tell the hotel how long you plan to stay. Your room is ready for you the moment you book – 24/7. Stay for as long as you want, then tap check out when you’re ready to leave.Recharge is currently available in San Francisco.
• Airdog — We build smart robots that bring unprecedented value to its owners.

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

Portfolio highlights

• Airdog — We build smart robots that bring unprecedented value to its owners.

Portfolio highlights

• Roamer — Roamer is the first mobile app that links your regular mobile number to a foreign SIM and saves up to 97% on roaming charges for calls and data. It keeps your usual number when traveling abroad and uses cellular, not WiFi.

Portfolio highlights

• Glif — Interoperable tools for the Filecoin network
• Afterparty — Afterparty is a technology company behind the new Web3 platform enabling creators to directly monetize and manage NFT collector relationships
• Shield USDT — You move millions. Bank like it. US bank accounts, business credit cards and fast overseas payments in dollars or stablecoins for international wholesalers.

Portfolio highlights

• Arketa — Online and in-person classes, video on-demand, courses and website hosting - all in one platform with arketa.
• Adgile Media Group — Adgile Media Group is the nation’s leading tech-enabled, data-driven out-of-home media company
• Airdog — We build smart robots that bring unprecedented value to its owners.

Portfolio highlights

• enumeral — enumeral provides enriched lists of recently funded startups, including key founder details, funding data, job openings, customers, revenue estimates, web traffic, tech stack, and verified decision-maker contacts. Our subscription service helps B2B businesses connect with high-growth startups and drive outbound sales.
• SlataDoc — Thank you to everyone who used, supported and believed in what we built. It meant a great deal.
• Rivo — Rivo is an AI-native hiring ecosystem, designed to transform how employers source, vet, and manage talent by replacing manual recruitment tasks with intelligent automations. Instead of relying on basic keyword searches, the platform analyzes candidate skills in context to instantly provide recruiters with accurate compatibility scores and aseamless pipeline management experience. For job seekers, Rivo's AI matching helps them find the best opportunities in seconds, while a streamlined process eliminates repetitive forms so they can apply quickly and effortlessly.

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.

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.
• Queer Spaces — Spaces is a group chat platform for building queer communities, and the first app to serve the entirety of the LGBTQ+ spectrum.

Portfolio highlights

• Lightsprint — LightSprint is the software factory for product teams. PMs, designers and ops build in a shared cloud workspace while engineering controls every merge.
• Venus Aerospace — Venus Aerospace is a space company that provides an innovative approach to hypersonic transportation. Venus Aerospace is a startup aerospace company focused on engineering the future of hypersonic flight. We are making one-hour global transport possible to connect the world and make it safer.The company is an expert team of PhDs, rocketscientists, and engineers taking on the biggest challenges in aerospace at Mach 9 speed. The company also takes pride in being moms and dads, military veterans, and BBQ enthusiasts.
• 4AG Robotics — Revolutionizing mushroom farming with robots that pick, trim, and pack. Our automation solutions boost quality, yield, and value for farmers worldwide.

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 builds next-generation AI data centers with high-efficiency GPU infrastructure, liquid-cooling systems, and sovereign-ready AIDC software.

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

• SingOn — SingOn is an on-demand karaoke service for PlayStation 3. It aims to modernize singing games by developing a clean and modern interface design. SingOn’s dynamic streaming services allow its developers to launch with thousands of songs and to update the game every week with new tracks.SingOn provides its users with a wide variety of songs and isconstantly updated with more songs, including songs from the UK Top 20 Charts. It was launched in 2009 by Risto Valkola and Samu Keränen.
• 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
• Logonet promotion — Logonet was established in 1992 in Finland and has since grown to a company with offices in nine countries and three continents.