# SEB Latvija

> SEB Latvija is a VC fund in Kekava backing Sports, Handmade and Military. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Kekava, Latvia
- Total investments: 6
- Last investment: Dec 2025
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/seb-latvija
- Website: https://www.seb.lv

SEB Latvija is a VC fund in Kekava focused on Sports and Handmade. SEB Latvia provides banking services.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $6.6k–$14k |
| Debt Financing | $291k–$155M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sports | 1 | 17% |
| Handmade | 1 | 17% |
| Military | 1 | 17% |
| Robotics | 1 | 17% |
| Logistics | 1 | 17% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 3 | 50% |
| Debt Financing | 3 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| JSC Eco Baltia | “Eco Baltia grupa” is the largest environment management group in the Baltics in terms of net sales, the company provides full cycle of waste management starting with collection and sorting up to logistics, wholesale and processing of recycled materials. “Eco Baltia grupa” environment management companies are successful household waste,construction waste and separated household waste, as well as other environment service providers to private individuals and companies. The Group includes environment management, collection of recycled materials and used packaging processing companies: “Latvijas Zaļais punkts”, “Eco Baltia vide”, “Eko Kurzeme”, “Jumis”, “Pet Baltija”, “Eko Pet”, “Nordic Plast”, “Eko Reverss” and “Tehhe”.The Group services more than 45,000 clients in Latvia and abroad. The Group companies are leading in their line of operations and large taxpayers in the cities and regions where they operate. “Eco Baltia grupa” is a responsible and stable employer that cares for the welfare, professional development and labour safety of its 600 employees.Vision: The most advanced waste regeneration company in Central and Eastern Europe.Mission: To find a value in each and every thing.Values: • Determination • Creativity / creative approach • Owner’s attitude / responsibility • Ability to see and use opportunities • Courage and initative | $155.4M | Debt Financing | Dec 29, 2025 |  |
| Natrix | Natrix presents a modular unmanned ground vehicle for military and civil support, offering logistics, evacuation, and autonomous functions. | $291K | Debt Financing | Dec 08, 2025 |  |
| RedFrog | RedFrog's goal is to transform indoor mobility. RedFrog created an indoor navigation technology that makes it easy for users to navigate across intricate structures, such as corporate campuses, shopping centers, hospitals, and airports. | $11.6K | Grant | Nov 14, 2025 |  |
| Kurguni | Kurguni offers a range of home and decorative ceramics, candles, and related products through its e-commerce platform. | $13.9K | Grant | Nov 14, 2025 |  |
| Sibiotech | Sibiotech offers a comprehensive process from extraction to research and production, specializing in the use of cutting-edge and environmentally friendly technology to extract natural bioactive substances. | $963.3K | Debt Financing | Apr 03, 2025 |  |
| Vertexo | Vertexo allows organizations, organizers, referees, coaches, and players to manage all sport-related activities in one place. | $6.6K | Grant | Jan 01, 2024 |  |

6 of 6 investments shown.

## Co-investors
- [Luminor Latvija](https://shizune.co/investors/profile/luminor-latvija) — VC Fund, 1 deal together

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## FAQ

### What does SEB Latvija invest in?

SEB Latvija invests primarily in Sports, Handmade and Military startups, most often at Grant and Debt Financing stage. Most of the 6 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is SEB Latvija's check size?

SEB Latvija typically joins rounds of $6.6k–$14k at Grant and $291k–$155M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds SEB Latvija participates in.

### When did SEB Latvija last invest?

The most recent investment recorded for SEB Latvija closed in Dec 2025. Shizune tracks 6 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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