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Top 30 Media (Entertainment) Startup Investors in Latvia (September 2026)

The most active venture capital funds and angel investors investing in Latvia Media (entertainment) startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Latvia Media (entertainment) startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Imprimatur Capital Fund Management
VC Fund
12 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $55k–$633k
Karma Ventures
VC Fund
4 Estonia, United States, Finland Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $549k–$30M
ZGI Capital
VC Fund
4 Latvia, Estonia Seed, Debt Financing Manufacturing, Machinery Manufacturing, Consulting
Expansion Capital
VC Fund
2 Latvia, United States, Norway Seed, Venture - Series Unknown, Debt Financing Manufacturing, Software, Logistics $113k–$2.4M
Proks Capital
VC Fund
2 Latvia Series A, Venture - Series Unknown Music, Software, Musical Instruments
Revo Capital
VC Fund
2 Turkey, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $430k–$66M
Almaz Capital
VC Fund
1 United States, Russian Federation, Latvia Series A, Series B Software, Mobile, Internet
FlyCap
VC Fund
1 Latvia, Estonia, The Netherlands Seed, Debt Financing Health Care, Consumer Goods, Medical
Alex Hofmann
Angel
1 Latvia Seed Mobile Apps, Social Media, Social Network
Victor Yun
Angel
1 Latvia Venture - Series Unknown Music, Software, Musical Instruments
Visionplus
VC Fund
1 Finland, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Information Technology, Internet $83k–$14M
New Nordic Ventures
VC Fund
1 Latvia, Estonia, Georgia Pre-Seed, Seed Software, Artificial Intelligence, Information Technology
Mamba
VC Fund
1 Latvia Seed Mobile Apps, Social Media, Social Network
SmartHub
VC Fund
1 United States, United Kingdom, Russian Federation Seed, Convertible Note, Series A SaaS, Software, Internet $300k–$18M
Iron Wolf Capital
VC Fund
1 Lithuania, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $120k–$7.3M
Cesar Lamschtein
Angel
1 Latvia Venture - Series Unknown Music, Software, Musical Instruments
Lithuanian-American Innovation Award
VC Fund
1 Latvia, Lithuania Grant, Pre-Seed Music, Medical, Software $5.4k–$12k
Larix
VC Fund
1 Russian Federation, Germany, Kenya Seed, Pre-Seed, Series A Transportation, Logistics, Automotive $600k–$2.2M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
VK (ex. Mail.Ru Group)
VC Fund
1 Russian Federation, United States, Cyprus Seed, Series A, Corporate Round Social Media, Education, Mobile Apps $500k–$126M
Outlast Fund
VC Fund
1 Latvia, Estonia, Canada Pre-Seed, Seed Software, SaaS, Artificial Intelligence $175k–$4.2M
Sune Alstrup
Angel
1 Denmark, Sweden, Finland Seed, Pre-Seed, Angel Software, Computer Vision, Artificial Intelligence $211k–$5.5M
AdFirst.vc
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed, Series A FinTech, Financial Services, Internet $100k–$12M
Trind Ventures
VC Fund
1 Finland, Estonia, Spain Seed, Venture - Series Unknown, Series A Software, Information Technology, SaaS $590k–$15M
Superangel
VC Fund
1 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $170k–$20M
Wiser Financial Advisors
VC Fund
1 Latvia, Estonia Seed, Venture - Series Unknown Software, Apps, Music
BADideas.fund
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Grant Software, Information Technology, Artificial Intelligence $110k–$3.6M
Smart Growth VC
VC Fund
1 Latvia Venture - Series Unknown Music, Software, Musical Instruments
Nordic Secondary Fund
VC Fund
1 Denmark, Sweden, Finland Secondary Market, Venture - Series Unknown, Series A Software, E-Commerce, Financial Services $2.4M–$9.4M
Marat Kichikov
Angel
1 United States, The Netherlands, Canada Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Software $1k–$15M
Access all 44 investors in Latvia Media (entertainment) startups.

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Investor list

Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 12 investments in Latvia Media (entertainment) 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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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Latvia Media (entertainment) startups

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 54
  • Round size: Seed $549k–$4.8M; Series A $3.9M–$17M; Series B $3.1M–$30M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $113M in 2021

Portfolio highlights

  • Mindgard — Mindgard is the leading provider of AI Red Teaming solutions.
  • Leil Storage — ON-PREMISES DISTRIBUTED FILE STORAGE WITH CLOUD-SCALE DENSITY+23% extra FREE capacity and density NOW +23% extra FREE capacity and density NOW +20% lower CO₂ emissions and power costs NOW up to +70% saved energy in the futureFirst distributed filesystem that supports the biggest HDDs on the planet, enabling enterprises with HM-SMR basedstorage.
  • Starship Technologies — The future of delivery - today!
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ZGI Capital
VC Fund · Riga, Riga, Latvia · 4 investments in Latvia Media (entertainment) 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, Machinery Manufacturing, Consulting
  • Stage:Seed, Debt Financing
  • Geography: Latvia, Estonia

Investor stats

  • Total investments: 25
  • Lead/follow: no public data

Portfolio highlights

  • eAgronom — eAgronom helps farmers generate additional revenue streams, improve soil quality, and access better financing.
  • 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.
  • Bioreactors.net — Biotechnical center is an innovative company and we provide solutions for industrial biotechnology processes, bioreactor manufacturing and industrial automation. We manufacture bioreactors for laboratory, pilot and industrial scale.
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Expansion Capital
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia Media (entertainment) 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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Proks Capital
VC Fund · Riga, Riga, Latvia · 2 investments in Latvia Media (entertainment) startups

Proks Capital supports innovative projects that we believe in rapid growth. They make high-risk (venture) investments in the equity of companies in technology start-ups aimed at the global market - preferably with registered patents.

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Investment focus

  • Industry: Music, Software, Musical Instruments
  • Stage:Series A, Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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Revo Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Latvia Media (entertainment) startups, 8 in the past 12 months

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 96
  • Round size: Seed $430k–$8.4M; Series A $1M–$38M; Series B $3.4M–$66M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $86M in 2025

Portfolio highlights

  • CLEATUS — CLEATUS | Bring Government Contracting to Every Business with AI
  • a1Mobile — Your carrier, now AI-native.
  • Turbo Law — Turbo Law is a privately held legal technology company that provides an AI-native execution platform designed to simplify complex, document-intensive litigation for defense law firms and insurance carriers.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investments in Latvia Media (entertainment) startups

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

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Investment focus

  • Industry: Software, Mobile, Internet
  • Stage:Series A, Series B
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 94
  • Lead/follow: no public data

Portfolio highlights

  • PLATMA — PLATMA is a workspace for developing low-code solutions with ready-to-use templates that streamline the development process and decrease time to market
  • ZEDEDA — ZEDEDA provides a simple and scalable cloud-based orchestration solution that delivers visibility, control and security for distributed edge computing.
  • WORKERBASE — Agile manufacturing to increase production flexibility and ensure business continuity. Intelligent process execution for the connected worker to increase operational flexibility and reduce costs in Industry 4.0
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FlyCap
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Media (entertainment) 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, Consumer Goods, Medical
  • Stage:Seed, Debt Financing
  • Geography: Latvia, Estonia, The Netherlands

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • 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!).
  • Purified — Purified is a nutritional supplement supplier.. It offers black chocolate produced by the best doctors in collaboration with scientists.
  • Elmo — In our car sharing business Elmo Rent we wanted to serve maximum customers with minimum resources, so we created remote control technology to deliver vehicles.
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Alex Hofmann
Angel · Los Angeles, California, United States · 1 investments in Latvia Media (entertainment) startups

Hofmann most recently held the role of musical.ly’s President in North America, where he led expansion efforts to build the world’s fastest growing entertainment social network. Within three months of Hofmann joining the team, app downloads increased from 200 to 400,000 per day. musical.ly hit the top of the app chats in 21 countries and has grownto over 200 million users globally.During his time at musical.ly, Hofmann helmed the company’s global content, brand, entertainment, and talent partnerships, in addition to heading all corporate functions for North and South America. He oversaw the closure of deals with all three major music labels and publishers. Under his leadership, the company closed its largest product partnership with Apple Music, as well as original content partnerships with Viacom, NBCU, and Hearst Digital. Hofmann also orchestrated partnerships with top artists like Bruno Mars, Katy Perry, Ariana Grande, Selena Gomez, Jason Derulo and 250+ other artists worldwide.In early 2018, Hofmann announced he was moving on from musical.ly to pursue new ventures following the company’s successful merger with Chinese tech giant, Bytedance. He is currently investing in and advising new startups. He remains an ally and advisor to musical.ly. In 2017, Hofmann was chosen by Variety as one of “30 Execs to Watch” for its Digital Entertainment Impact Report and featured by Billboard on its Digital Power Players List: Guiding the Future in Music and Tech. Most recently, he accepted the WSJ Technology Innovator Award. A German native, Hofmann currently resides in Los Angeles.

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Investment focus

  • Industry: Mobile Apps, Social Media, Social Network
  • Stage:Seed
  • Geography: Latvia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • F3 — F3 is a social discovery app to make new friends and communicate with existing ones.
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Victor Yun
Angel · Toronto, Ontario, Canada · 1 investments in Latvia Media (entertainment) startups

Victor Yun

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Investment focus

  • Industry: Music, Software, Musical Instruments
  • Stage:Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
Show all investments...

Access 48,091 investors

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

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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Latvia Media (entertainment) startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 75
  • Round size: Seed $83k–$1.3M; Series A $2M–$14M; Venture - Series Unknown $100k–$4M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Moppi.com — Moppi.com is an online marketplace that connects professional cleaners with customers. The marketplace plays host to cleaners that are certified and insured by the company, and uses only approved cleaning equipment and detergents. Moppi.com was launched by Matti Tiainen in January 2015 and is operated from Helsinki, Finland.
  • Hooplo Footy — The company's business area is the development and sale of online games and all other legitimate business.
  • Film Finances — Discover Film Finances Inc., the global leader in film completion guarantees, ensuring on-schedule and on-budget delivery for over seven decades. Explore our services and industry expertise.
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New Nordic Ventures
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Media (entertainment) startups

NNV is a seed stage VC fund. We invest in B2B startups from CEE and CIS region and help them to expand internationally

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Latvia, Estonia, Georgia

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • OHMYSYNT — AI-powered tool for businesses and creators, that alters videos in seconds using text prompts.
  • DrugCards — Local literature screening will be under control with DrugCard. It's: continuous, regular, transparent, multi-language, and cost-effective.
  • Rapid Delivery Analytics — RDA: Unlock data-driven insights for mobile-first grocery and convenience delivery. Monitor stock availability, market shares, search performance, and more in real-time.
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Mamba
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Latvia Media (entertainment) startups

Mamba is the number one Russian online dating service, which cooperates with major portals including Mail.Ru, Rambler and MSN.com and over 30,000 others. The company’s database holds over 18.6 million registered users, over 40% of which are active. Mamba primarily targets customers in Russia and the CIS and is also going to launch dating servicesabroad. The business model is centered on the “pay as you go” principle: the users are more inclined to pay for additional instant low cost services, rather than bigger monthly subscription. Company’s billing system is one of the largest in the world with more than 40 possible ways to pay for Mamba’s services. According to various estimates, Mamba controls about 85% of the market.

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Investment focus

  • Industry: Mobile Apps, Social Media, Social Network
  • Stage:Seed
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • F3 — F3 develops a social app for asking questions and creating answers, with all content disappearing in 72 hours. Anonymous or not, this app lets users express themselves and discover new exciting people.
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SmartHub
VC Fund · San Francisco, California, United States · 1 investments in Latvia Media (entertainment) startups

SmartHub is a funding and service platform which connects the best start ups to investors, and supports at every investments.Service solutions for investors – tailor made venture portfolios: focused pipeline, extensive analysis and research of investment options, deal structuring, legal paper work, quarterly reporting, investment rightsprotection till exit.Service solutions for startups – fast communications and feedback, mutually beneficial deal making, strategic development support, networking and consulting at fundraising stage.

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Investment focus

  • Industry: SaaS, Software, Internet
  • Stage:Seed, Convertible Note, Series A
  • Geography: United States, United Kingdom, Russian Federation

Investor stats

  • Total investments: 47
  • Round size: Seed $300k–$5M; Series A $2.5M–$3.4M; Convertible Note $2M–$18M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • TransferGo — Move and manage money between borders quickly and affordably with TransferGo.
  • Damon Motors — Damon is unleashing the full potential of personal mobility for the world’s commuters. With its proprietary electric drivetrain, the company has developed the world’s safest, smartest, fully connected electric motorcycle platform employing radical innovations in battery propagation resistance, sensor fusion and AI. Designed as a platform forworldwide line extension, Damon motorcycles will ship direct to consumer on subscription plans to drive scale. Based in Vancouver, Canada, Damon is a Techstars Mobility company founded by serial entrepreneurs Jay Giraud and Dom Kwong. Damon’s investors include Round 13 Capital, Techstars, Fontinalis, Extreme Venture Partners and Pallasite Ventures.
  • EWA Learn — Start learning English, French and Spanish with EWA: conversational vocabulary, interactive exercises, modern examples and fun tasks are waiting for you!
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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Latvia Media (entertainment) startups, 6 in the past 12 months

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 45
  • Round size: Seed $336k–$2.6M; Pre-Seed $120k–$1M; Series A $3.2M–$7.3M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $77M in 2023

Portfolio highlights

  • Vegvisir — Revolutionising battlefield capabilities with XR technologies. Situational awareness & enchanced decision making for manned vehicles, remote platforms and command stations.
  • UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
  • PDKinematics — PDKINEMATICS builds precision guidance systems for the UAV era.
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Cesar Lamschtein
Angel · Montevideo, NA - Uruguay, Uruguay · 1 investments in Latvia Media (entertainment) startups

Cesar Lamschtein

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Investment focus

  • Industry: Music, Software, Musical Instruments
  • Stage:Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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Lithuanian-American Innovation Award
VC Fund · 1 investments in Latvia Media (entertainment) startups

Lithuanian-American Innovation established by the Baltic American Freedom Foundation the Innovation Agency - Lithuania and the U.S. Embassy.

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Investment focus

  • Industry: Music, Medical, Software
  • Stage:Grant, Pre-Seed
  • Geography: Latvia, Lithuania

Investor stats

  • Total investments: 3
  • Round size: Grant $5.4k–$12k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
  • Solfeg.io — Have trouble with your students in music lessons? Are they not engaged in your curriculum? Solfeg.io app will help you solve this problem. Our app for music teachers can increase students engagement by up to 90%. Learn how and try out our software for FREE here!
  • Aerones Nordic — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
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Larix
VC Fund · Berlin, Berlin, Germany · 1 investments in Latvia Media (entertainment) startups

LARIX is a fund created by entrepreneurs for entrepreneurs and aims to align itself with the most active founders globally who believe in digital transformation and want to take action to capture this value.

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Investment focus

  • Industry: Transportation, Logistics, Automotive
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Russian Federation, Germany, Kenya

Investor stats

  • Total investments: 11
  • Round size: Seed $600k–$2.2M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • FOODZA — Foodza is a B2B food-distribution platform that connects farmers, food producers and importers directly with Retail and HoReCa businesses across CIS region. We are creating an innovative technology-driven logistics platform that enables on-demand harvesting of vegetables, fruits and also meat and dairy production. Foodza provides mobile-app andweb-based interfaces that help farmers interact directly with retailers in a fast and easy way, and we also manage "door-to-door" logistics and fulfillment solutions inspired by the on-demand power of internet applications. Our mission is to remove all middlemen in the food supply industry, return farmers higher income and provide retailers with higher quality fresh produce.
  • Tnomer — Tnomer is a home renovation service provider. The company offers ready-made repair solutions. It also carries out architectural and technical supervision in the process and at the end of the work.
  • Car Next Door — Hire a car, van or ute from our community of local car owners, or rent out your car and make extra money. Peer-to-peer car share in Sydney, Melbourne, Newcastle.
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Latvia Media (entertainment) startups

Practica Capital

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Investment focus

  • Industry: Software, B2B, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 139
  • Round size: Seed $219k–$3.2M; Pre-Seed $555k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem is the all-in-one platform where software companies run payments, taxes, affiliates and revenue - together Finance for humans building online
  • kopa.ai — AI agents for e-commerce growth.
  • Outcraft AI — Outcraft AI is the autonomous revenue engine built to drive growth across the entire customer lifecycle.
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VK (ex. Mail.Ru Group)
VC Fund · Leningradskiy, Chukot, Russian Federation · 1 investments in Latvia Media (entertainment) startups

Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites(Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company.Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.

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Investment focus

  • Industry: Social Media, Education, Mobile Apps
  • Stage:Seed, Series A, Corporate Round
  • Geography: Russian Federation, United States, Cyprus

Investor stats

  • Total investments: 31
  • Round size: Seed $500k–$3.9M; Series A $1M–$11M; Corporate Round $35M–$126M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Tochka — Tochka provides banking services to SMEs and entrepreneurs.
  • Magisto — Magisto online video editor is a fast & powerful video maker. Turn your photos and video clips into video stories with Magisto movie editor. Start free!
  • O2O Holdings — Formed by a JV between Sberbank and Mail.ru Group, provides an O2O services platform focusing on key areas of food and transportation.
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Outlast Fund
VC Fund · Riga, Riga, Latvia · 1 investments in Latvia Media (entertainment) startups

The Outlast Fund concentrating on concepts that have a lasting effect.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed
  • Geography: Latvia, Estonia, Canada

Investor stats

  • Total investments: 10
  • Round size: Seed $175k–$4.2M; Pre-Seed $417k–$2.1M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $25M in 2025

Portfolio highlights

  • Superpal — Unlock peak productivity with Superpal - secure, executive-grade AI that automates workflows and elevates your performance.
  • display.dev — https://t.co/SF1T1dzqZc is the Google Drive for AI agents, the docs collaboration platform for humans and agents.
  • Deep Space Energy — Deep Space Energy is to become a commercial provider of radioisotope electricity for deep space science missions, the commercial lunar market, and scientific surface missions on the Moon and Mars.
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Sune Alstrup
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Latvia Media (entertainment) startups

Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe

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Investment focus

  • Industry: Software, Computer Vision, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, Finland

Investor stats

  • Total investments: 18
  • Round size: Seed $211k–$5.5M; Pre-Seed $226k–$3.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Willo — Willo is advancing and scaling true wireless power for humanity, technology, and industry. Discover the company powering the next era of energy delivery.
  • Hybird Energy — Hybird emerged from frustration with traditional electricity monitoring, which lacked detailed insights. Now, Hybird tracks electricity usage at the source level, making it easier to save energy, cut costs, and reduce your CO2 footprint—all at a comparable cost to traditional panels.Hybird offers source-level transparency in electricalconsumption, driving energy management to new levels of efficiency through enhanced control and knowledge.
  • Doublepoint — Doublepoint has been acquired by Oura.
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AdFirst.vc
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Latvia Media (entertainment) startups

AdFirst.vc is a venture capital firm designed to co-invest with other VCs in early and expansion stage start-ups. They perform Marketing Due Diligence ads tests for start-ups and help the investor evaluate the reachable audience, check the marketing competencies of the team, and reduce the cost of attracting customers. Testing allows to confirm thecompany's capitalization and eliminate marketing risks. In the future, they oversee the marketing strategy of the project in order to control KPI.

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Russian Federation, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Seed $100k–$12M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Fideum Group — Explore tailored digital asset solutions for institutions at Fideum. Offering secure banking, custody, trading, staking, and remittance services to help institutions confidently navigate and capitalize on cryptocurrency opportunities.
  • Synchronization — Synchronization is an online course for music, philosophy, fashion and design, architecture, art, psychology, special projects, master classes, and cinema. They provide biology and a healthy lifestyle, film history, and film language.
  • Academy of Changes — Akademiya Peremen is an educational platform that focuses on the life style segment of health, beauty, style, and psychology.
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Trind Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Media (entertainment) startups

Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Finland, Estonia, Spain

Investor stats

  • Total investments: 53
  • Round size: Seed $590k–$4.9M; Series A $5.9M–$15M; Venture - Series Unknown $692k–$6.7M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $53M in 2022

Portfolio highlights

  • Ringy — Ringy is a marketplace for refurbished electronics.
  • Aampere — Aampere is a marketplace for the purchase and sale of used powered mobility. Their services include personal contact, wide delivery, condition checking upon collection, and washing and cleaning before delivery. They are neutral intermediaries between buyer and seller.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Media (entertainment) startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

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

Investor stats

  • Total investments: 82
  • Round size: Seed $800k–$6.2M; Pre-Seed $170k–$1.6M; Series A $5.6M–$20M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $32M in 2022

Portfolio highlights

  • OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
  • Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
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Wiser Financial Advisors
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Media (entertainment) startups

Wiser Financial Advisors is a private investment company focusing mainly on early stage and seed investments. However, companies in need of restructuring and turn-around are also interesting for us. Potential green-field investments can be considered on case by case basis.

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Investment focus

  • Industry: Software, Apps, Music
  • Stage:Seed, Venture - Series Unknown
  • Geography: Latvia, Estonia

Investor stats

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

Portfolio highlights

  • Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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BADideas.fund
VC Fund · 1 investments in Latvia Media (entertainment) startups, 11 in the past 12 months

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 43
  • Round size: Seed $939k–$3.6M; Pre-Seed $110k–$1.3M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Tapaya — A modern, fast payment app that runs on any device you already own: phone, tablet or kiosk. Accept contactless payments in store with Tap to Pay, with nothing to buy and nothing to install on a counter.
  • ForActive — ForActive The Best App to Buy & Sell Memberships
  • Spotwise.ai — Spotwise hears every ad on TV, radio and podcasts, then puts AI agents on that data to do market research, reports, ad strategy and find new advertisers.
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Smart Growth VC
VC Fund · 1 investments in Latvia Media (entertainment) startups

Smart Growth VC is an investment firm.

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Investment focus

  • Industry: Music, Software, Musical Instruments
  • Stage:Venture - Series Unknown
  • Geography: Latvia

Investor stats

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

Portfolio highlights

  • Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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Nordic Secondary Fund
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Latvia Media (entertainment) startups

Nordic Secondary Fund was established in 2019 with the purpose of buying secondaries in companies, which are characterized by:- Have completed a Series-A capital raising from venture capital or corporate venture - Proven scalable business models: Documented market for the companies products or servicesThe investment focus is European scaleupsPost Series-SA, mainly on Nordic and Baltic companies

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Secondary Market, Venture - Series Unknown, Series A
  • Geography: Denmark, Sweden, Finland

Investor stats

  • Total investments: 37
  • Round size: Secondary Market $2.4M–$9.4M; Venture - Series Unknown $3.3M–$6M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Wingcopter — Wingcopter is an award-winning German developer, manufacturer, and operator of unmanned eVTOL fixed-wing aircraft dedicated to improving the lives of people worldwide through meaningful commercial and humanitarian applications. The start-up focuses on the delivery of goods such as medicines to remote health facilities, packages, and food to privatehouseholds. With their unique, patented tilt-rotor mechanism, the electrically powered Wingcopters far exceed the range and payload capabilities of commercial multicopter drones. Taking off and landing vertically like multicopters, Wingcopters fly long distances as efficiently and quickly as fixed-wing aircraft, reaching ranges of up to 75 miles (120 kilometers) and a Guinness world record speed of 150 mph (240 km/h). Even in strong winds of up to 44 mph (71 km/h) or inclement weather, Wingcopters fly autonomously and reliably.Wingcopters are also used for the efficient inspection of public infrastructure and for long-range mapping applications.In 2020, Wingcopter was named a Technology Pioneer by the World Economic Forum.
  • Pistachio — Pistachio combines insider threat detection with security awareness training to seamlessly protect your organization.
  • Remora Robotics — Remora Robotics is a Norwegian technology firm that specializes on aquaculture robotics.
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Marat Kichikov
Angel · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Latvia Media (entertainment) startups

Marat is a serial entrepreneur with more than 20 years of experience in the financial industry and early stage investor. He is the founder of several successful companies, including a consumer finance bank, few e-commerce companies and investment fund. He serves on the board of his several portfolio companies (Bioloka, Wow Cube, F3 and RelesticaHolding), utilizing his knowledge and expertise in Blockchain industry which he joined to in 2013 as a partner in Bitfury Group. In both as a fund and as an angel investor, Marat have invested in 30+ fin tech, e-commerce, blockchain technology, educational, healthcare and gaming companies, providing business expertise and financial & advisory support to founders. Marat has a master's degree in finance & business management and a bachelor's degree in law. In his free time, Marat likes surfing and skiing!

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, The Netherlands, Canada

Investor stats

  • Total investments: 26
  • Round size: Seed $1k–$4.3M; Pre-Seed $25k–$700k; Series A $6.1M–$15M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Intropia — Find Web3 jobs and other opportunities, capitalize your network, and hire the best talent.
  • SODA — SODA enables the next generation of consumer crypto and meme coins and allows meme coin developers to leverage Telegram.
  • Metatable.ai — No coding. No developers. Describe your process in plain English; Metatable builds the software, runs it for you, and hands you the keys, typically live in about 30 minutes.
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Media (Entertainment) Investor funding in Latvia at a glance

Stats across 43 deals from 44 investors.

44
investors
in Latvia Media (entertainment) startups
43
deals
in Latvia Media (entertainment) startups
$480k
median round
in Latvia Media (entertainment) startups
41%
lead investors
lead at least one round
21%
Pre-Seed
most common funding stage
86/14
VC / Angel
share of investor count

Access all 44 investors in Latvia Media (entertainment) startups.

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