# Amber Sea Business Angels Club

> Amber Sea Business Angels Club is a VC fund in Riga backing Fashion and Software. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 4
- Last investment: Feb 2025
- Lead investor: 25%
- Last updated: Aug 2026
- Website: https://amberseaclub.com/

Amber Sea Business Angels Club is a VC fund in Riga focused on Fashion and Software. ASBAC is absolutely independent club for private investors, more precisely for business angels who prefer to invest collectively in venture and at the same time potentially high added value projects. The Club is non-profit organization established and managed only by private investors to socialize and co-invest (syndicated investment) in appealingprojects.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Fashion | 1 | 25% |
| Software | 1 | 25% |
| Marketing | 1 | 25% |
| Advertising | 1 | 25% |
| Manufacturing | 1 | 25% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Pre-Seed | 2 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Georgia | 2 | 50% |
| Israel | 1 | 25% |
| Latvia | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| JEWELGROWTH | JEWELGROWTH is an advanced AI-driven platform designed exclusively for jewelry manufacturers and brands. Our cutting-edge technology enhances customer retention, maximizes revenue per customer, and automates marketing strategies, allowing businesses to thrive in the highly competitive jewelry market. |  | Pre-Seed | Feb 10, 2025 |  |
| FASHIONGROWTH | FASHIONGROWTH is a next-generation AI-powered platform tailored specifically for fashion brands. By leveraging advanced technology, we help brands build lasting customer relationships, boost lifetime value, and streamline marketing efforts with intelligent automation. Designed for the fast-paced and ever-evolving fashion industry, FASHIONGROWTHempowers brands to stay ahead of trends, scale effortlessly, and maximize their market impact.Company address: Georgia, Tbilisi, Krtsanisi District, Nino and Ilia Nakashidze Street, №1, (form. Avlevi), Building №3, Apartment №3 | $2M | Pre-Seed | Feb 10, 2025 |  |
| AutomatedRules | AutomatedRules is an ad management automation tool that helps businesses and marketers automate their advertising campaigns on Facebook, Google, LinkedIn, TikTok, Snapchat, and Twitter. This tool can help save time and improve ad performance by allowing users to focus on strategic decisions rather than manual, repetitive tasks. WithAutomatedRules, users can easily create rules that automate routine tasks, such as adjusting bids, pausing ads, and updating budgets, based on specific performance metrics.AutomatedRules is an essential tool for anyone looking to streamline their advertising campaigns and maximize their return on investment. | $2M | Seed | Mar 05, 2024 |  |
| Naco Technologies | Naco Technologies Ltd develops, manufactures, and supplies nano coating technologies to customers worldwide.The company provides a range of high-performance multilayer and multicomponent coatings for equipment used in the tooling, automotive, aerospace, and micro-chip industries. Its products include oil-enhanced, wear-protective, thermalbarrier, and liquid-repellent coatings.Naco Technologies was founded in 2009 and is based in Riga, Latvia. In 2015 Naco Texhnologies was acquired by the Germany-based Schaeffler Group. | $110K | Seed | Mar 22, 2013 |  |

4 of 4 investments shown.

## Co-investors
- [AppVested](https://shizune.co/investors/profile/appvested) — VC Fund, 3 deals together
- [Griffon Ventures](https://shizune.co/investors/profile/griffon-ventures) — VC Fund, 2 deals together
- [Troll Ventures](https://shizune.co/investors/profile/troll-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Amber Sea Business Angels Club invest in?

Amber Sea Business Angels Club invests primarily in Fashion, Software and Marketing startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in Georgia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Amber Sea Business Angels Club last invest?

The most recent investment recorded for Amber Sea Business Angels Club closed in Feb 2025. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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