# Capitalia

> Capitalia is a VC fund in Riga backing Software, CAD and Apps. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 7
- Last investment: Oct 2022
- Lead investor: 29%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/2892389/
- X (Twitter): https://twitter.com/Capitalia_lv
- Website: https://www.capitalia.com/lv
- Facebook: https://www.facebook.com/capitalia.latvija/

Capitalia is a VC fund in Riga focused on Software and CAD. Capitalia, a company listed on Nasdaq Baltic stock exchange, is the leading financer for small and medium enterprises in the Baltics. As our focus is set on SME’s we are able to provide financing that serves as a supplement or as an alternative to the loans issued by commercial banks. Since the founding of Capitalia in 2007 we have issued financingto more than 1000 companies and consulted more than 100 businesses in various financial matters.

## Contacts

5 contacts available for Capitalia. Shizune tracks 2 team members at Capitalia. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/capitalia?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $149k–$9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 43% |
| CAD | 1 | 14% |
| Apps | 1 | 14% |
| Drones | 1 | 14% |
| EdTech | 1 | 14% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 86% |
| Debt Financing | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Latvia | 2 | 29% |
| Sweden | 1 | 14% |
| Lithuania | 1 | 14% |
| United States | 1 | 14% |
| United Kingdom | 1 | 14% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Juris Grišins | Manager | 5 | https://shizune.co/investors/profile/juris-gri%C5%A1ins |
| Lelde Vitina | Chief accountant | 0 | https://shizune.co/investors/profile/lelde-vitina |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AISPECO | AISPECO is a Lithuanian company, which provides geospatial monitoring systems for helicopters, planes, UAVs, and terrestrial vehicles. | $978.9K | Seed | Oct 06, 2022 |  |
| Ondato | Ondato provides a complete compliance management suite in regards to KYC and AML solutions. From remote photo and live video identity verification, and biometric user authentication, to data monitoring, screening, due-diligence, and risk scoring - all under a single platform. Ondato combines artificial intelligence & human expert analysis toensure 0% fraud tolerance for both legal and physical entity onboarding while delivering a fast, customer-friendly experience. We stand out among our competitors with the ability to deliver the perfect solution based on client's individual requirements, and offer maximum flexibility along the process. | $149.3K | Seed | Sep 01, 2022 |  |
| Favro | Favro is the planning and collaboration app for organizational flow. It helps organizations do what they excel at - making products and services that change the game. Fast. | $322K | Seed | May 31, 2022 |  |
| Aerones | We are building heavy lifting drones which can lift up to 200kg (440lbp). We have version which is flying on batteries for rescue and delivery purposes and tethered solution for industrial cleaning and firefighting. | $9M | Seed | Apr 27, 2022 |  |
| Aerones | We are building heavy lifting drones which can lift up to 200kg (440lbp). We have version which is flying on batteries for rescue and delivery purposes and tethered solution for industrial cleaning and firefighting. | $717.7K | Debt Financing | Apr 27, 2022 |  |
| CENOS | CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production | $1.2M | Seed | Feb 01, 2022 |  |
| Edurio | Edurio is a start-up building web-based tools to improve our schools. Edurio aims to digitize quality management to allow deeper insights at a fraction of the effort. Edurio's first product is a tool for schools and universities to collect and analyze student feedback online in a way that minimizes student biases. | $571K | Seed | Feb 12, 2020 |  |

7 of 7 investments shown.

## Co-investors
- [Practica Capital](https://shizune.co/investors/profile/practica-capital) — VC Fund, 2 deals together
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 2 deals together
- [70Ventures](https://shizune.co/investors/profile/70ventures) — VC Fund, 1 deal together
- [ARVO VENTURE CAPITAL](https://shizune.co/investors/profile/arvo-venture-capital) — VC Fund, 1 deal together
- [Baltic Business Angels](https://shizune.co/investors/profile/baltic-business-angels) — VC Fund, 1 deal together
- [Change Ventures](https://shizune.co/investors/profile/change-ventures) — VC Fund, 1 deal together

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## FAQ

### What does Capitalia invest in?

Capitalia invests primarily in Software, CAD and Apps startups, most often at Seed and Debt Financing stage. Most of the 7 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Capitalia's check size?

Capitalia typically joins rounds of $149k–$9M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Capitalia participates in.

### How do I contact Capitalia?

Public channels for Capitalia include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Capitalia?

The team at Capitalia includes Juris Grišins (Manager) and Lelde Vitina (Chief accountant). The Team section lists each member with their title, investment count and links.

### 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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