# Top 50 Startup Investors in Latvia in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Imprimatur Capital Fund Management | 59 | Latvia, United States, United Kingdom | Seed, Debt Financing | Software, Information Technology, Apps |
| Expansion Capital | 27 | Latvia, United States, Norway | Seed, Debt Financing | Manufacturing, Logistics, Transportation |
| ZGI Capital | 23 | Latvia, Estonia | Seed, Debt Financing | Manufacturing, Machinery Manufacturing, Retail |
| FlyCap | 17 | Latvia, Estonia, The Netherlands | Seed, Debt Financing | Health Care, Rental, Medical |
| Change Ventures | 7 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps |
| Uldis Sipols | 4 | Latvia | Seed, Angel, Pre-Seed | CAD, Software, Simulation |
| Open Circle Capital | 4 | Lithuania, United States, Canada | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence |
| EstBAN | 4 | Estonia, Lithuania, Latvia | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing |
| The Untitled Venture Company | 4 | United States, Russian Federation, Latvia | Seed, Pre-Seed, Convertible Note | SaaS, Software, Information Technology |
| Superangel | 3 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology |
| EIT Urban Mobility | 3 | Spain, Sweden, France | Seed, Pre-Seed, Series A | Software, Transportation, Information Technology |
| Practica Capital | 3 | Lithuania, United Kingdom, United States | Seed, Pre-Seed, Series A | B2B, Software, Information Technology |
| Sverre Bisgaard | 3 | Latvia | Pre-Seed | CAD, Software, Simulation |
| New Nordic Ventures | 3 | Latvia, Estonia, Georgia | Pre-Seed, Seed | Software, Computer Vision, Machine Learning |
| Taavi Tamkivi | 3 | Estonia, Latvia, United Kingdom | Seed, Angel, Pre-Seed | Software, Financial Services, AgTech |
| BADideas.fund | 3 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Grant | Software, Information Technology, Artificial Intelligence |
| BaltCap | 3 | Latvia, Lithuania, United States | Seed, Series A, Series B | Mobile, Information Technology, Apps |
| Superhero Capital | 3 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet |
| Karma Ventures | 2 | Estonia, United States, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, FinTech |
| SOSV | 2 | United States, India, United Kingdom | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software |
| Base Ventures | 2 | United States, South Korea, Canada | Seed, Series A | Software, Mobile, E-Commerce |
| Povilas Urbonas | 2 | Latvia | Pre-Seed | CAD, Software, Simulation |
| Radix Ventures | 2 | Poland, Latvia | Seed, Venture - Series Unknown, Series B | Manufacturing, Biotechnology, Nanotechnology |
| Almaz Capital | 2 | United States, Russian Federation, Germany | Series A, Seed, Series B | Software, Mobile, Internet |
| KENDRIS Capital | 2 | Latvia | Seed, Venture - Series Unknown | Nanotechnology, CleanTech, Manufacturing |
| Baltic Tech Ventures | 2 | Latvia, Lithuania | Seed, Pre-Seed | Software, Information Technology, Apps |
| Impact Ventures Hungary | 2 | Hungary, Spain, Italy | Seed, Pre-Seed | Software, Agriculture, Health Care |
| SEB Latvija | 2 | Latvia | Debt Financing, Grant | Handmade, Military, Robotics |
| HansaMatrix | 2 |  |  |  |
| Mistletoe | 2 | Japan, United States, India | Seed, Series A | Information Technology, Software, Mobile |
| J12 | 2 | Sweden, Germany, Norway | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Black Pearls VC | 2 | Poland, United States, United Kingdom | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech |
| European regional development fund (ERDF) | 2 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Biotechnology |
| Inovo.vc | 2 | Poland, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Abingworth | 2 | United States, United Kingdom, France | Series B, Series A, Series C | Biotechnology, Health Care, Pharmaceutical |
| Inventure | 2 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care |
| Capitalia | 2 | Latvia, Sweden, Lithuania | Seed, Debt Financing | Software, CAD, Apps |
| Qiming Venture Partners USA | 2 | United States, Canada, China | Series A, Series B, Seed | Biotechnology, Health Care, Pharmaceutical |
| Indrikis Liepa | 2 | Latvia | Pre-Seed | CAD, Software, Simulation |
| Lauris Liepa | 2 | Latvia | Pre-Seed | CAD, Software, Simulation |
| Nicolai Torgersen | 2 | Latvia | Pre-Seed | CAD, Software, Simulation |
| Ragnar Sass | 2 | Estonia, Ukraine, United States | Seed, Pre-Seed | Information Technology, Software, SaaS |
| Elar Nellis | 1 | Latvia, Estonia, United States | Seed, Angel, Pre-Seed | Software, CAD, SaaS |
| Maksim Zakurdaev | 1 | Latvia | Angel | CAD, Software, Simulation |
| Miko Malberg | 1 | Latvia | Angel | CAD, Software, Simulation |
| Louis Paulsen | 1 | Latvia | Angel | CAD, Software, Simulation |
| Lev Dolgatsjov | 1 | Latvia | Angel | CAD, Software, Simulation |
| Angel Parn | 1 | Latvia | Angel | CAD, Software, Simulation |
| Vesna Investment | 1 | Latvia |  | EdTech, Internet, Education |
| ASP Asset Management | 1 | Latvia | Pre-Seed | Information Technology, Industrial Manufacturing |

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