# Ofinex

> Ofinex is a VC fund in Riga backing Local Business and Artificial Intelligence. See 1 investments, round sizes, portfolio. Updated Oct 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 1
- Last investment: Aug 2016
- Lead investor: 0%
- Last updated: Oct 2026

Ofinex is a VC fund in Riga focused on Local Business and Artificial Intelligence. Investment in technology related businesses

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Local Business | 1 | 100% |
| Artificial Intelligence | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 4SmartStreets | 4SmartStreets is a tech start-up which has developed a solution for traffic analysis based on deep learning technology. 4SmartStreets provides precise, real-time, factual data about objects in motion.4SmartStreets has tapped into the immense potential of A.I. and computer vision technologies to develop solutions for analyzing video streams toprovide accurate, in-depth data about objects in motion which is easily accessible through our web app. 4SmartStreets helps cities get smarter by letting you make more informed decisions. | $111.5K | Seed | Aug 30, 2016 | https://www.4smartstreets.com/home |

1 of 1 investments shown.

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## Featured in investor lists
- [Artificial intelligence Investors in Latvia](https://shizune.co/investors/artificial-intelligence-investors-latvia)

## FAQ

### What does Ofinex invest in?

Ofinex invests primarily in Local Business and Artificial Intelligence startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ofinex last invest?

The most recent investment recorded for Ofinex closed in Aug 2016. Shizune tracks 1 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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