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Top 20 Media (Entertainment) VC Funds & Investors in Latvia (August 2026)

The most active venture capital funds 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
11 Latvia, United States, United Kingdom Seed, Debt Financing Software, Information Technology, Apps $63k–$549k
ZGI Capital
VC Fund
4 Latvia, Estonia Seed, Debt Financing Manufacturing, Machinery Manufacturing, Consulting
Karma Ventures
VC Fund
3 Estonia, Sweden, Finland Series A, Series B, Seed Software, Artificial Intelligence, Information Technology
Expansion Capital
VC Fund
2 Latvia, United States, Norway Seed, Debt Financing Manufacturing, Software, Logistics $125k–$2.4M
FlyCap
VC Fund
1 Latvia, Estonia, The Netherlands Seed, Debt Financing Health Care, Consumer Goods, Medical
Trind Ventures
VC Fund
1 Estonia, Finland, Sweden Seed, Series A Software, Information Technology, Marketplace
AdFirst.vc
VC Fund
1 United States, Russian Federation, Latvia Seed, Pre-Seed, Series A E-Learning, Mobile Apps, FinTech
Superangel
VC Fund
1 Estonia, United States, Finland Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology
SmartHub
VC Fund
1 United States, United Kingdom, Canada Seed, Convertible Note, Series A SaaS, Internet, Software $600k–$5M
Iron Wolf Capital
VC Fund
1 Lithuania, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $120k–$7.3M
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
Outlast Fund
VC Fund
1 Latvia, Estonia, Canada Pre-Seed, Seed Software, SaaS, Artificial Intelligence $175k–$4.2M
Wiser Financial Advisors
VC Fund
1 Latvia, Estonia Seed, Venture - Series Unknown Software, Apps, Music
Almaz Capital
VC Fund
1 United States, Russian Federation, Germany Series A, Seed, Series B Software, Artificial Intelligence, Internet $1.1M–$58M
Revo Capital
VC Fund
1 Turkey, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $430k–$66M
Visionplus
VC Fund
1 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $77k–$14M
Mamba
VC Fund
1 Latvia Seed Mobile Apps, Social Media, Social Network
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
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
BADideas.fund
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Grant Software, Information Technology, Artificial Intelligence $110k–$3.6M
Access all 34 VC funds in Latvia Media (entertainment) startups.

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

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Investor list

Imprimatur Capital Fund Management
VC Fund · Riga, Riga, Latvia · 11 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: 81
  • Round size: Seed $131k–$549k; Debt Financing $63k–$70k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise 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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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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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 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, Series B, Seed
  • Geography: Estonia, Sweden, Finland

Investor stats

  • Total investments: 40
  • Lead/follow: no public data

Portfolio highlights

  • BforeAI — Starting from patented technology developed in years of research, BforeAi is the prediction service that looks for newly registered or morphed domains, and score their maliciousness looking at metadata and links to other bad guys.
  • Hydrogrid — All-in-one solution for optimizing hydropower plants. Increase revenues by up to 18%, reduce spill by up to 12%, and save valuable time with Hydrogrid Insight.
  • Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive 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, Debt Financing
  • Geography: Latvia, United States, Norway

Investor stats

  • Total investments: 42
  • Round size: Seed $200k–$2.4M; Debt Financing $125k–$246k
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
  • Willow Wealth — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.
  • FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring
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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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Trind Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Latvia Media (entertainment) startups, 7 in the past 12 months

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

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Investment focus

  • Industry: Software, Information Technology, Marketplace
  • Stage:Seed, Series A
  • Geography: Estonia, Finland, Sweden

Investor stats

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

Portfolio highlights

  • Groover — Groover is the best way to promote your music to blogs, radios, record labels, & Spotify playlisters. Get listened to, receive coverage & guaranteed feedback!
  • Yaga SA — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • Fractory — Custom metal fabrication services for project and series manufacturing. 1-1 engineering support and payment terms for companies.
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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: E-Learning, Mobile Apps, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Adapty — The all-in-one service for in-app subscriptions. Develop, optimize and grow apps with iOS, Android, React Native, Flutter, Unity and Web support.
  • Synchronization — Synchronization is an online education platform.
  • Akademiya Peremen — Akademiya Peremen is an educational platform that focuses on the life style segment of health, beauty, style, and psychology.
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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: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 68
  • Lead/follow: no public data

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!
  • BeCause — BeCause makes your sustainability manageable. BeCause is the single source of truth for collecting, coordinating and communicating your sustainability data.
  • Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive scale.
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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, Internet, Software
  • Stage:Seed, Convertible Note, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 42
  • Round size: Seed $600k–$5M; Series A $2.5M–$3.4M
  • 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: 43
  • Round size: Seed $450k–$2.6M; Pre-Seed $120k–$1M; Series A $3.2M–$7.3M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised 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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Access 48,091 investors

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

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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 protection your organization.
  • Remora Robotics — Remora Robotics is a Norwegian technology firm that specializes on aquaculture robotics.
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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

Portfolio highlights

  • Superpal — Unlock peak productivity with Superpal - secure, executive-grade AI that automates workflows and elevates your performance.
  • display.dev — https://t.co/SF1T1dzYOK is the agent-neutral workspace for artifacts. One command gives your HTML and .md files a permanent URL behind company login.
  • 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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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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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, Artificial Intelligence, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, Russian Federation, Germany

Investor stats

  • Total investments: 109
  • Round size: Seed $1.1M–$10M; Series A $2M–$21M; Series B $3.1M–$58M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2016

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
  • Acumatica — Acumatica Is the Complete Cloud ERP Solution For All Your Business Management Needs Today and In The Future.
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Revo Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Latvia Media (entertainment) startups, 12 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: 89
  • Round size: Seed $430k–$8.4M; Series A $1M–$45M; Series B $3.4M–$66M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • CLEATUS — CLEATUS | Bring Government Contracting to Every Business with AI
  • a1Mobile — Your carrier, now AI-native.
  • Turbo Law — The unified litigation platform trusted by top litigators. Handle review, drafting, research, and strategy at the depth a complex case actually demands.
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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, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $77k–$1.3M; Series A $2M–$14M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Gizlo — Own gizlo.com today. Secure checkout and guided transfer support. No hidden fees.
  • Enreach — ZEUS99 Situs Slot Game Resmi Perpaduan Game Demo Wild Bandito Game Online Bertemakan Koboi Barat Dengan Banyak Bonus Menarik Yang Tersedia Di PG Soft Terpercaya
  • 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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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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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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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: 125
  • Round size: Seed $219k–$3.3M; Pre-Seed $500k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 32% lead, 68% 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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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 — Software infrastructure that turns any device into a payment terminal. For developers who need to ship fast without becoming payments experts.
  • 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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Media (Entertainment) VC funding in Latvia at a glance

Stats across 37 deals from 34 investors.

34
investors
in Latvia Media (entertainment) startups
37
deals
in Latvia Media (entertainment) startups
$450k
median round
in Latvia Media (entertainment) startups
44%
lead investors
lead at least one round
22%
Pre-Seed
most common funding stage

Access all 34 VC funds in Latvia Media (entertainment) startups.

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