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Top 35 Marketplace VC Funds & Investors in Latvia (September 2026)

The most active venture capital funds investing in Latvia Marketplace startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia Marketplace startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
FlyCap
VC Fund
8 Latvia, Estonia, The Netherlands Seed, Venture - Series Unknown Health Care, Rental, Medical $55k–$2.9M
Imprimatur Capital Fund Management
VC Fund
5 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $55k–$633k
Open Circle Capital
VC Fund
4 Lithuania, United States, Canada Seed, Pre-Seed, Series A Software, E-Commerce, Information Technology $202k–$7.2M
ZGI Capital
VC Fund
4 Latvia, Estonia, United Kingdom Seed, Venture - Series Unknown, Debt Financing Manufacturing, Consulting, Construction $55k–$1.6M
Expansion Capital
VC Fund
4 Latvia, United States, Norway Seed, Venture - Series Unknown, Debt Financing Manufacturing, Software, Logistics $113k–$2.4M
European regional development fund (ERDF)
VC Fund
2 United Kingdom, Germany, France Grant, Venture - Series Unknown, Pre-Seed Software, Information Technology, Artificial Intelligence $44k–$9.2M
Base Ventures
VC Fund
2 United States, South Korea, Canada Seed, Series A, Pre-Seed Software, Mobile, E-Commerce $125k–$24M
BaltCap
VC Fund
2 Latvia, Lithuania, United States Private Equity, Seed, Series A Information Technology, Software, Mobile $127k–$100M
SOSV
VC Fund
2 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Recursive Ventures
VC Fund
1 United States, Israel, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $10k–$13M
The Untitled Venture Company
VC Fund
1 United States, Russian Federation, Latvia Seed, Pre-Seed, Convertible Note Software, SaaS, Analytics $100k–$1.6M
ALTUM
VC Fund
1 Latvia Seed Internet, Made to Order, Delivery Service
Eleving Group
VC Fund
1 Latvia, United Kingdom Pre-Seed, Venture - Series Unknown Computer, Software, Consulting
Seraph Group
VC Fund
1 United States, Canada, Latvia Seed, Series A, Series B Software, Health Care, Artificial Intelligence $800k–$51M
Angels Band
VC Fund
1 Latvia, Lithuania, United States Seed, Pre-Seed, Angel E-Commerce, B2B, B2C $57k–$358k
JOINT JOURNEY
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $30k–$4.1M
Angelsdeck Global Ventures
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Education $80k–$6M
Mintos
VC Fund
1 Latvia Grant, Pre-Seed Consulting, E-Commerce, Marine Technology
Wistron Corporation
VC Fund
1 United States, Taiwan, Hong Kong Series A, Seed, Series B Artificial Intelligence, Software, Machine Learning $500k–$30M
NuVX Capital
VC Fund
1 Russian Federation, United States, Malta Seed, Pre-Seed, Angel Artificial Intelligence, Software, Drones
IT-Farm
VC Fund
1 United States, Japan, Germany Seed, Series A, Series B Software, Health Care, Medical $1M–$36M
River Venture Partners
VC Fund
1 The Netherlands, Finland, Latvia Seed, Angel, Pre-Seed Internet, Software, SaaS $60k–$2.4M
Carthona Capital
VC Fund
1 Australia, United States, United Kingdom Seed, Series A, Series B Software, Financial Services, FinTech $469k–$50M
Shijiazhuang Chaofeng Sports
VC Fund
1 Latvia Angel SaaS, Sports, Tennis
Merito Partners
VC Fund
1 Latvia Seed, Private Equity Furniture, Smart Home, Smart Building
Social Discovery Group
VC Fund
1 United States, United Kingdom, China Series A, Seed, Venture - Series Unknown Apps, Internet, Mobile $500k–$15M
ZenStone Venture Capital
VC Fund
1 United States, Brazil, Canada Series A, Seed, Series B FinTech, Financial Services, Real Estate $500k–$50M
Scandiweb
VC Fund
1 Latvia Angel SaaS, Sports, Tennis
Microsoft for Startups
VC Fund
1 United States, India, Canada Seed, Pre-Seed Software, Information Technology, SaaS
Industra Bank
VC Fund
1 Latvia, United Kingdom Seed Mining, Rental, Agriculture
Amazon Web Services
VC Fund
1 United States, United Kingdom, Brazil Grant, Non-Equity Assistance Artificial Intelligence, Software, Information Technology $7k–$1M
Swedbank
VC Fund
1 Latvia Debt Financing Internet, Made to Order, Delivery Service
Madara Cosmetics
VC Fund
1 Latvia Pre-Seed Cosmetics, E-Commerce, Information Technology
Sun Finance Group
VC Fund
1 Latvia Pre-Seed Consulting, E-Commerce, E-Commerce Platforms
Luminor Bank
VC Fund
1 Latvia, Italy Debt Financing Baby, Drones, Retail $1.1M–$8.7M
Access all 60 VC funds in Latvia Marketplace startups.

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

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Investor list

FlyCap
VC Fund · Riga, Riga, Latvia · 8 investments in Latvia Marketplace 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, Venture - Series Unknown
  • Geography: Latvia, Estonia, The Netherlands

Investor stats

  • Total investments: 30
  • Round size: Seed $55k–$2.9M; Venture - Series Unknown $562k–$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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Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 5 investments in Latvia Marketplace 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: 83
  • Round size: Seed $127k–$633k; Debt Financing $55k–$70k
  • 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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Open Circle Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 4 investments in Latvia Marketplace 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, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United States, Canada

Investor stats

  • Total investments: 39
  • Round size: Seed $202k–$2.2M; Pre-Seed $219k–$1M; Series A $5M–$7.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
  • Monimoto — Monimoto develops and manufactures world's easiest to install and use GPS tracker. It's autonomous, powered by battery and controlled by smart phone.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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ZGI Capital
VC Fund · Riga, Riga, Latvia · 4 investments in Latvia Marketplace 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, Consulting, Construction
  • Stage:Seed, Venture - Series Unknown, Debt Financing
  • Geography: Latvia, Estonia, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $55k–$896k; Debt Financing $110k–$981k; Venture - Series Unknown $306k–$1.6M
  • Lead/follow: 89% lead, 11% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Echoo Group — Echoo Group provides Smart Home, Building automation system (BMS), Engineering network solutions from design to solution.
  • 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.
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Expansion Capital
VC Fund · Riga, Riga, Latvia · 4 investments in Latvia Marketplace 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, Software, Logistics
  • Stage:Seed, Venture - Series Unknown, Debt Financing
  • Geography: Latvia, United States, Norway

Investor stats

  • Total investments: 42
  • Round size: Seed $132k–$2.4M; Debt Financing $113k–$242k; Venture - Series Unknown $225k–$1.6M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
  • 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.
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Latvia Marketplace startups

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Venture - Series Unknown, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 74
  • Round size: Grant $44k–$2.2M; Pre-Seed $44k–$1.2M; Venture - Series Unknown $261k–$9.2M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Losanje — Losanje has a brand and an upcycling workshop that gives second-hand and unsold completed apparel and textiles a second life. Its goal is to create an innovative manufacturing chain that will allow for the first time the industrialization of upcycling, as well as to implement the most credible solution, both ecologically and economically.
  • PulmoBiomed — PulmoBioMed Ltd develops innovative breath-based sampling, enabling rapid, non-invasive detection of respiratory diseases for improved global healthcare.
  • noc™ — The world's simplest video chat app: Improves mental health and boosts innovation. It's a secure, cost effective and peer-to-peer telecoms solution for everyone.
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Base Ventures
VC Fund · Berkeley, California, United States · 2 investments in Latvia Marketplace 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, Pre-Seed
  • Geography: United States, South Korea, Canada

Investor stats

  • Total investments: 131
  • Round size: Seed $250k–$7M; Pre-Seed $125k–$1M; 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.
  • 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.
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BaltCap
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Latvia Marketplace 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: Information Technology, Software, Mobile
  • Stage:Private Equity, Seed, Series A
  • Geography: Latvia, Lithuania, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $127k–$1.3M; Private Equity $1M–$100M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $138M in 2019

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.
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in Latvia Marketplace 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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Recursive Ventures
VC Fund · San Francisco, California, United States · 1 investments in Latvia Marketplace startups

Recursive Ventures is a San Francisco based Micro VC fund investing in US and Israeli Pre-seed and Seed Tech Startups disrupting industries through use of Data and Artificial Intelligence.Recursive is a Solo Capitalist fund managed by Itamar Novick with support from a seasoned group of Founders, Operators, and go-to-market experts. We arefounders ourselves and partner with you to build momentum and find smart capital to scale your business. As a Solo Capitalist – a VC operating like an Angel – we make decision in days, not weeks, and dedicate our time to support founders.

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Investment focus

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

Investor stats

  • Total investments: 97
  • Round size: Seed $186k–$12M; Pre-Seed $10k–$2.4M; Series A $2M–$13M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely still investing — raised $30M in 2023

Portfolio highlights

  • UNIT AI — Simplify ecommerce fulfillment with AI-powered robotic inventory systems. 12x cheaper, plug-and-play, <12 month ROI. Transform single-item logistics.
  • BuildPass — Unlock the full potential of your site with easy-to-use AI software to streamline operations, reduce admin tasks, and ensure every project is on track and compliant.
  • Nebari — An open source stack for your AI.
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Access 48,091 investors

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

Browse database — It's Free!
The Untitled Venture Company
VC Fund · San Francisco, California, United States · 1 investments in Latvia Marketplace 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: Software, SaaS, Analytics
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 25
  • Round size: Seed $125k–$1.6M; Pre-Seed $150k–$600k; Convertible Note $100k–$790k
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — 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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ALTUM
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

ALTUM is a state-owned development finance institution, which offers state aid for various target groups with the help of financial tools (such as loans, credit guarantees, investing in venture capital funds, etc.). ALTUM develops and implements state aid programmes to compensate for the market's shortcomings that can't be solved byprivate financial institutions.

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Investment focus

  • Industry: Internet, Made to Order, Delivery Service
  • Stage:Seed
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Viangoo — Viangoo Uses a mobile application to order cargoes of dolomite, gravel, sand, and other building supplies. Viangoo helps Make an order easy and allows you to track the cargo delivery procedure. You may get precise delivery times, track the whereabouts of cars in real-time on a map, and get instant information on the cargo that has been delivered.It facilitates more effective financial accounting, improves delivery scheduling, and releases staff.
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Eleving Group
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

Eleving Group promotes financial inclusion and social mobility with vehicle and consumer finance in 16 countries across 3 continents

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Investment focus

  • Industry: Computer, Software, Consulting
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Latvia, United Kingdom

Investor stats

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

Portfolio highlights

  • Sell.xyz — Sell.xyz is a one-stop ecommerce solution connecting the new generation of creators and merchants with dropshipping and wholesale suppliers. A new platform revolutionizing the print-on-demand industry
  • When You Move — Compare quotes from vetted conveyancers, surveyors and removal companies in one place. Save up to 70% and skip the endless research. Your home moving hub.
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Seraph Group
VC Fund · Foster City, California, United States · 1 investments in Latvia Marketplace 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: 75
  • Round size: Seed $800k–$6M; Series A $2M–$23M; Series B $5.5M–$51M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $3.6M in 2014

Portfolio highlights

  • 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.
  • Pinpoint Predictive — Pinpoint Predictive helps P&C insurers fast-track profitable growth by improving loss ratios on the industry's leading risk selection platform
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Angels Band
VC Fund · Minsk, Minsk, Belarus · 1 investments in Latvia Marketplace startups

AngelsBAND - business-angels in Belarus, support for startups with brainy funding

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Investment focus

  • Industry: E-Commerce, B2B, B2C
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Latvia, Lithuania, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $57k–$329k; Pre-Seed $265k–$358k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • ZENOO — ZENOO is the healthiest Dog food subscription service. We use human grade ingredients and Freeze drying technology to deliver 100% nutritional value. Dog health has been deteriorating since 1970s. Since then, dog population experienced 900% increase in diabetes and 50% likelihood of developing cancer. Result - loss of a loved pet and huge vetbills. Pet care services are worth 190BN EUR globally and ±5.2% CAGR reaching 270BN EUR in 2025. TAM in the EU is ±14B EUR for premium dog food ±5% CAGR (cat owners audience is the same size). We are a D2C brand within EU at the moment and are developing B2B partnerships in APAC and EMEA regions.
  • CopyMonkey.AI — AI for Amazon Listing Optimization. Generate Amazon Descriptions and Bullet Points with keywords. Create your first Optimized Amazon Listing for free.
  • Zenoo — Whether building from ground up or improving your current onboarding journey, Zenoo is the provider of choice for startups to global institutions.
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JOINT JOURNEY
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Latvia Marketplace startups

Active investment firm that calling founders with a great product vision across diverse industries

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United States, Russian Federation, United Kingdom

Investor stats

  • Total investments: 120
  • Round size: Seed $40k–$4.1M; Pre-Seed $30k–$621k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Renova — AI-driven no-code platform for insurance industry.
  • Whizz — Whizz is a provider of subscription-based rental services intended to offer monthly rental of last-mile vehicles to delivery drivers. The company also provides technical service and support during the entire subscription period enabling users to rent a handheld vehicle without having to worry about maintenance and repair. Whizz's e-bikes aredesigned to make delivery fast and easy.
  • inspace — inspace is the innovative platform that streamlines workplace management and optimizes space utilization. Elevate your workplace experience with inspace.
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Angelsdeck Global Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Latvia Marketplace 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, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $231k–$6M; Angel $80k–$895k; Pre-Seed $200k–$870k
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • CLOSO — CLOSO connects sellers to brands that have excess inventory, making it easy to source, list and sell.
  • 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.
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Mintos
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

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.

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Investment focus

  • Industry: Consulting, E-Commerce, Marine Technology
  • Stage:Grant, Pre-Seed
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Sell.xyz — Sell.xyz is a one-stop ecommerce solution connecting the new generation of creators and merchants with dropshipping and wholesale suppliers. A new platform revolutionizing the print-on-demand industry
  • SUBmerge Baltic — Advanced autonomous underwater vehicles for defense, security, and large-scale maritime operations.
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Wistron Corporation
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Latvia Marketplace startups

Wistron Corporation is a technology service provider supplying innovative.

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Investment focus

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

Investor stats

  • Total investments: 40
  • Round size: Seed $500k–$7M; Series A $4.3M–$30M; Series B $3M–$21M
  • Lead/follow: 45% lead, 55% 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 builds next-generation AI data centers with high-efficiency GPU infrastructure, liquid-cooling systems, and sovereign-ready AIDC software.
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NuVX Capital
VC Fund · 1 investments in Latvia Marketplace 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: Artificial Intelligence, Software, Drones
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Russian Federation, United States, Malta

Investor stats

  • Total investments: 13
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Imot.io — Imot.io converts phone calls to text, determines the reasons for appeals, recognizes customer emotions, and alerts employees when they make mistakes. The call database contains information about lead generation and missed sales. It enables one to assess how well staff are able to handle disputes. It enables people to prevent clients from switchingto competitors.
  • 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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IT-Farm
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Latvia Marketplace 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, Series B
  • Geography: United States, Japan, Germany

Investor stats

  • Total investments: 135
  • Round size: Seed $1M–$7.5M; Series A $1.6M–$16M; Series B $2.5M–$36M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

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.
  • 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.
  • 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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River Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Latvia Marketplace startups

Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics

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Investment focus

  • Industry: Internet, Software, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: The Netherlands, Finland, Latvia

Investor stats

  • Total investments: 23
  • Round size: Seed $420k–$2.4M; Angel $60k–$800k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Fledger — Fledgerr develops cutting-edge equity management solution.
  • Contentoo — Contentoo is Europe’s leading platform for content marketing talent built to help rising companies work with the full power of content. We offer a global pool of pre-screened freelance writers, localisation experts, designers, strategists, and many other creatives combined with best-in-class tools to level up your content creation.Visitwww.contentoo.com for more information.
  • Clubee — Manage your club with ease. Websites, Member Management, Communication, Finance, Sponsorships and more.
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Carthona Capital
VC Fund · Sydney, New South Wales, Australia · 1 investments in Latvia Marketplace 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: 127
  • Round size: Seed $469k–$5M; Series A $3.3M–$17M; Series B $10M–$50M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $100M in 2022

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.
  • Qlarifi — Qlarifi is the first real-time BNPL consumer credit database.
  • 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.
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Shijiazhuang Chaofeng Sports
VC Fund · 1 investments in Latvia Marketplace startups

Shijiazhuang Chaofeng Sports is an established company in the racket sports industry.

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Investment focus

  • Industry: SaaS, Sports, Tennis
  • Stage:Angel
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tournated — Tournated is an all-in-one sports management software that empowers sports organizations to efficiently manage, grow, and monetize their operations. Our solution allows organizations to create custom online platform(s), automate and simplify the management of leagues, clubs, tournaments, and other events, boost audience engagement, and processpayments effortlessly. Our white-label solution is well-suited for sports ministries, federations, and other organizations seeking to unify all their operations and activities under a single hub, and facilitate the collection, management of sports-related data.*play.tournated.com serves as a self-service platform and data aggregator, delivering valuable insights into sports activities.
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Merito Partners
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace 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
  • Last fund: Likely still investing — fund raised in 2023

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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Social Discovery Group
VC Fund · New York, New York, United States · 1 investments in Latvia Marketplace 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: Apps, Internet, Mobile
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: United States, United Kingdom, China

Investor stats

  • Total investments: 39
  • Round size: Seed $1.1M–$4M; Series A $3.5M–$15M; Venture - Series Unknown $500k–$3M
  • Lead/follow: 23% lead, 77% 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.
  • Queer Spaces — Spaces is a group chat platform for building queer communities, and the first app to serve the entirety of the LGBTQ+ spectrum.
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ZenStone Venture Capital
VC Fund · Santa Clara, California, United States · 1 investments in Latvia Marketplace 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, Financial Services, Real Estate
  • Stage:Series A, Seed, Series B
  • Geography: United States, Brazil, Canada

Investor stats

  • Total investments: 44
  • 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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Scandiweb
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

Let us tell you why Reuters, New York Times, and JYSK order their digital solutions in Latvia!

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Investment focus

  • Industry: SaaS, Sports, Tennis
  • Stage:Angel
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tournated — Tournated is an all-in-one sports management software that empowers sports organizations to efficiently manage, grow, and monetize their operations. Our solution allows organizations to create custom online platform(s), automate and simplify the management of leagues, clubs, tournaments, and other events, boost audience engagement, and processpayments effortlessly. Our white-label solution is well-suited for sports ministries, federations, and other organizations seeking to unify all their operations and activities under a single hub, and facilitate the collection, management of sports-related data.*play.tournated.com serves as a self-service platform and data aggregator, delivering valuable insights into sports activities.
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Microsoft for Startups
VC Fund · Redmond, Washington, United States · 1 investments in Latvia Marketplace startups

Microsoft for Startups is a global program designed to help startups scale with free access to Azure cloud and a streamlined path into selling alongside Microsoft and our vast partner ecosystem.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 71
  • Lead/follow: no public data

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • UniPay — UniPay is an eCommerce platform for infrastructure and industry-lacking regions that offers 5 products that enable trust, promote transparency, and enforce accountability.
  • Emission Sentri — Drive emission management and reduction with insights
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Industra Bank
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

Industra Bank focuses on partnering with small and medium-sized businesses to provide services essential to their growth.

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Investment focus

  • Industry: Mining, Rental, Agriculture
  • Stage:Seed
  • Geography: Latvia, United Kingdom

Investor stats

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

Portfolio highlights

  • OxDrive — OxDrive specializes in the design and manufacture of rugged, integrated electric drives for off-highway applications such as agritech and construction.
  • OX Drive — Carguru is the first car sharing service in Latvia. All costs, including petrol, car parks and insurance, are included in the fee.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Amazon Web Services
VC Fund · Seattle, Washington, United States · 1 investments in Latvia Marketplace startups

Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services. Free to join, pay only for what you use.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Grant, Non-Equity Assistance
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 232
  • Round size: Grant $7k–$1M; Non-Equity Assistance $16k–$1M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • FOTOhub — Complete AI platform for creators. Generate images & video AI, unlimited storage, Cloud GPU & API.
  • Ednition — Our product, RosterStream, makes rostering awesome. Edtech rostering as a service platform.
  • Forlex — Forlex (formerly Intelijus) is pioneering a revolution in legal technology by transforming our platform into a powerful legal agentic ecosystem. At the core of our innovation is LIVIA—a dynamic legal agent that seamlessly integrates advanced AI workflows with robust agentic flows to redefine legal operations.LIVIA goes beyond traditionalautomation. It is engineered to serve as a strategic legal agent, optimizing complex operational processes while delivering precise, data-driven insights. Our cutting-edge generative AI and natural language processing capabilities empower legal professionals to shift their focus from administrative tasks to what truly matters: championing justice.We envision a future where legal services are not only efficient but universally accessible. By establishing our technology as the cornerstone of global legal decision-making, Forlex is setting new industry standards for accuracy, efficiency, and transformative impact. Join us as we lead the charge toward a new era in legal innovation.
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Swedbank
VC Fund · 1 investments in Latvia Marketplace startups

Swedbank is the main portal for individual customers in Latvia to access Swedbank’s financial services. Secure online access for managing accounts, making payments, and ordering products.

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Investment focus

  • Industry: Internet, Made to Order, Delivery Service
  • Stage:Debt Financing
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Viangoo — Viangoo Uses a mobile application to order cargoes of dolomite, gravel, sand, and other building supplies. Viangoo helps Make an order easy and allows you to track the cargo delivery procedure. You may get precise delivery times, track the whereabouts of cars in real-time on a map, and get instant information on the cargo that has been delivered.It facilitates more effective financial accounting, improves delivery scheduling, and releases staff.
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Madara Cosmetics
VC Fund · Marupe, Rigas, Latvia · 1 investments in Latvia Marketplace startups

Surrender to nature.

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Investment focus

  • Industry: Cosmetics, E-Commerce, Information Technology
  • Stage:Pre-Seed
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Selfnamed — Selfnamed is a self-service platform for private label cosmetics. The company was founded in 2020 and is headquartered in Riga, Latvia.
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Sun Finance Group
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Marketplace startups

The fastest growing fintech in Europe

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Investment focus

  • Industry: Consulting, E-Commerce, E-Commerce Platforms
  • Stage:Pre-Seed
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sell.xyz — Sell.xyz is a one-stop ecommerce solution connecting the new generation of creators and merchants with dropshipping and wholesale suppliers. A new platform revolutionizing the print-on-demand industry
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Luminor Bank
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Marketplace startups

Luminor Bank offers a range of financial products including the Luminor Black card, consumer loans, housing loans with lower interest rates for energy-efficient homes, and free debit cards for kids and youngsters aged 6 to 21. New customers can enjoy the Luminor Black card package free for the first two months. Additionally, they provide serviceslike easy remote onboarding and access to partner discounts through the Luminor Plus Club. The bank also promotes its II Pillar Pension Funds for savings and retirement planning .

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Investment focus

  • Industry: Baby, Drones, Retail
  • Stage:Debt Financing
  • Geography: Latvia, Italy

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $1.1M–$8.7M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • hoppekids — Hoppekids designs and sells furniture and accessories for children’s rooms, focusing on beds, storage, and complementary décor. The company offers a wide range of children’s beds including junior beds, mid sleeper beds, loft beds, bunk beds, house beds, and four poster beds along with matching bed accessories. Hoppekids also provides desks, chairs,shelving systems, wardrobes, toy chests, and other storage furniture for children’s spaces. Its assortment includes mattresses, baby furniture such as cots, cradles, changing tables, and playpens, as well as bedding, cushions, play tunnels, and themed bed textiles. Many products are made from solid pine wood and some bed series are TÜV-certified and Nordic Swan Ecolabelled. Hoppekids sells its products through its online shop and selected retailers.
  • APSA BŪVE — APSA BŪVE operates as a construction and design enterprise specializing in building reconstruction, infrastructure modernization, and turnkey project execution. The company's business model centers on the public sector, providing services primarily to municipal bodies, state departments, and government-controlled enterprises.
  • Berzins Investment — Berzins Investment is a real estate company, It leases and manages its own portfolio of 12 commercial and residential properties in Riga, while also providing tenants with full architectural design, custom renovations, and construction services.
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Marketplace VC funding in Latvia at a glance

Stats across 79 deals from 60 investors.

60
investors
in Latvia Marketplace startups
79
deals
in Latvia Marketplace startups
$218k
median round
in Latvia Marketplace startups
52%
lead investors
lead at least one round
25%
Seed
most common funding stage

Access all 60 VC funds in Latvia Marketplace startups.

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