Periods count from when the news broke.

• Launch · LV · 04 Sep · —

  ESTIMO.lv

  ESTIMO.lv has launched a platform that combines over 20 data sources to provide quick and comprehensive property analysis for buyers, owners, investors, and real estate professionals.

• Exit · LV · 01 Nov · EUR 62.5M

  Groglass

  US company Apogee Enterprises will acquire Latvia's Groglass for 62.5 million euros, enhancing its capabilities in glass coating technologies.

• Funding · LV · 03 Sep · EUR 2.3M

  Lightspace Technologies

  Lightspace Technologies received a grant of €2.3 million from the European Innovation Council's Accelerator program to support its augmented reality innovations.

• Exit · LV · 03 Sep · —

  Lightspace Technologies

  Lightspace Technologies was acquired by the Finnish defense and security technology group Summa Defence in 2024.

• Launch · LV · 03 Sep · —

  Lightspace Technologies

  Lightspace Technologies launched augmented reality glasses designed for military applications in partnership with Rheinmetall Electronics UK.

• Exit · LV · 03 Sep · EUR 62.5M

  Groglass

  Latvian high-tech company Groglass is being acquired by the US company Apogee Enterprises for EUR 62.5 million, with potential additional payments based on financial targets.

• Launch · LV · 03 Sep · —

  Handwave

  Handwave has expanded its partnership with Visa to support the rollout of palm-based biometric payment solutions in Europe.

• Launch · LV · 02 Sep · —

  LMT Defence

  LMT Defence has developed the first 5G military testing environment in Europe, which serves as a platform for NATO allies to test future technologies.

• Launch · LV · 02 Sep · —

  My Freighter

  My Freighter is expanding its partnership with Baltic Ground Services to provide aircraft fuelling services at three airports in Europe, enhancing its operational efficiency along key cargo routes.

• Funding · LV · 28 Aug · EUR 2.1M

  Principle

  Principle raised $2.5 million in pre-seed funding to develop its AI-powered strategic simulation platform.

• Launch · LV · 24 Aug · EUR 10.0M

  Storent Europe

  Storent Europe starts a public bond offering in the Baltics, aiming to raise up to 10 million euros in the first tranche of its bond program.

• Launch · LV · 14 Aug · EUR 20.0M

  AS Recipe Plus

  AS Recipe Plus is investing EUR 20 million in the development of a new pharmaceutical and medical supplies distribution centre in Riga, Latvia, aimed at improving the efficiency and security of medicine supplies.

• Launch · LV · 12 Aug · —

  anna app

  Launch of the anna app, a mobile application designed to improve women's well-being during perimenopause, utilizing data from personal devices to provide personalized recommendations.

• Launch · LV · 12 Aug · —

  INDEXO

  INDEXO announced plans to apply for the listing of its shares on the Nasdaq Stockholm exchange.

• Launch · LV · 07 Aug · —

  PrintyMed

  PrintyMed is developing a material for various medical applications, aiming to bring innovative solutions to the market.

• Launch · LV · 07 Aug · —

  MyWisy

  MyWisy is a Latvia-based adaptive learning platform for preschool education that personalizes learning content and pace according to each child's individual learning level.

• Launch · LV · 07 Aug · —

  Animas

  ANIMAS-DA is a digital AI-driven decision support tool for planning daily insulin dosing for children with type 1 diabetes.

• Launch · LV · 06 Aug · EUR 1.0M

  SIA Balticfloc

  SIA Balticfloc is preparing to start the production of insulation boards, requiring significant investments estimated at least one million euros.

• Exit · LV · 04 Aug · —

  Defence Partnership Latvia

  Patria Latvia has acquired the remaining shareholding in Defence Partnership Latvia, becoming its sole owner.

• Launch · LV · 03 Aug · —

  Meet Me At The Bar

  Meet Me At The Bar is a dating app designed to facilitate in-person meetings in bars, helping users to connect and start conversations.

• Funding · LV · 29 Jul · EUR 5.5M

  OptoElektronika LV

  OptoElektronika LV is investing more than 5.5 million euros in the construction of its own production facility in Rēzekne, with 5 million euros provided by the European Regional Development Fund.

• Launch · LV · 28 Jul · —

  SUBmerge Baltic

  SubMerge Baltics signed a cooperation memorandum with Naval Group for the integration of its autonomous underwater drones into Naval Group's ships.

• Launch · LV · 21 Jul · —

  rakstiviegli.lv

  A new AI tool called 'rakstiviegli.lv' has been launched to convert complex texts into easy language for free, aimed at improving digital accessibility.

• Exit · LV · 20 Jul · EUR 1.3M

  Hoppekids

  Hoppekids acquired the assets of the Danish children's furniture manufacturer M. Schack Engel for 1.3 million euros, which will strengthen its competitiveness in the European market and expand production in Latvia.

• Launch · LV · 17 Jul · —

  Prime Prometics

  Prime Prometics was designed with North American clients in mind from the start, focusing on high standards of quality, speed, and reliability.

• Launch · LV · 13 Jul · —

  Silmor

  Silmor developed an innovative thermal and visual camouflage material as its first proprietary dual-use product, co-financed by the European Regional Development Fund and the state budget, in collaboration with the University of Latvia's Institute of Solid State Physics.

• Funding · LV · 10 Jul · EUR 1.7M

  BirdyChat

  BirdyChat has raised €1.7 million in investment to expand its work communication platform.

• Launch · LV · 08 Jul · —

  Nodu

  Nodu Digital SIA received two licenses from Latvijas Banka for crypto-asset services and payment institution operations.

• Launch · LV · 08 Jul · —

  SUBmerge Baltic

  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.

• Launch · LV · 02 Jul · —

  Spotwise

  Spotwise launched a free public platform to track political radio advertising in Latvia ahead of the Saeima elections.

• Launch · LV · 01 Jul · —

  Eleving Group

  Eleving Group commenced operations in South Africa, opening its first branch in Cape Town, marking its expansion into the 18th market.

• Funding · LV · 29 Jun · EUR 526K

  Adsmom

  Adsmom raised more than USD 600,000 from private investors and venture funds, including 500 Global, to expand its AI ad-intelligence platform across Europe.

• Launch · LV · 20 Jun · —

  CarrierTrust

  CarrierTrust has launched a reputation network platform for the European transport and logistics industry, helping companies verify partners and assess risks before collaboration.