Company · LV
SUBmerge Baltic
Latvian underwater drone manufacturer
- Raised
- EUR 120K
- Last round
- Pre-seed · 20 Oct 2026
- Momentum
- Notable activity
- Events
- 3
Updated 20 Oct 2026 · Reviewed 12 Sep 2026
Capital
1 round · 2026
20 Oct 2026
Pre-seed
€120K
Cumulative €120K
Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.
Activity
3 events
- Funding20 Oct 2026EUR 120K
SUBmerge Baltic has been accepted into the DIAL program, receiving funding of up to 120,000 euros for its mission management software.
▸Source: Labs of Latvia
“12 Latvijas jaunuzņēmumi, kas darbojas aizsardzības vai divējāda pielietojuma jomā, ir uzņemti pirmajā nacionālajā aizsardzības pirmsakcelerācijas programmā DIAL (Defence Innovation Accelerator for…”
- Launch28 Jul 2026
SubMerge Baltics signed a cooperation memorandum with Naval Group for the integration of its autonomous underwater drones into Naval Group's ships.
▸Source: Labs of Latvia
“Līdz 31. jūlijam universitāšu akcelerators "UniLab" aicina biznesa ideju autorus tehnoloģiju jomās pieteikties programmai "Elevate". Programmas mērķis ir palīdzēt iegūt uzrāvienu sava uzņēmuma…”
- Launch08 Jul 2026
SUBmerge Baltic signed a memorandum of cooperation with Naval Group to integrate their underwater drones with Naval Group's control systems, enhancing interoperability and expanding market applications.
▸Source: LSM English Business
“"Naval Group" is one of Europe's largest manufacturers of military vessels, whose ships constitute the French navy and have also been purchased by Sweden, suggesting a broader market and range of…”
People
3 people
Co-founder
Resident Entrepreneur at UniLab
Technical Director
Registry
FY2023–FY2024
Questions
6 answers
- What does SUBmerge Baltic do?
- Latvian underwater drone manufacturer
- When was SUBmerge Baltic founded?
- SUBmerge Baltic was founded in 2022.
- Where is SUBmerge Baltic headquartered?
- SUBmerge Baltic is based in Latvia.
- How much funding has SUBmerge Baltic raised?
- SUBmerge Baltic has raised €120K (across 1 round · last 20 Oct 2026).
- What was SUBmerge Baltic's latest funding round?
- SUBmerge Baltic's most recent disclosed round was a pre-seed round of €120K, announced 20 October 2026.
- What is SUBmerge Baltic's revenue?
- SUBmerge Baltic reported €100K in turnover for FY2024, per official registry filings.
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