Periods count from when the news broke.
Funding · LV · 03 Sep · EUR 2.3M
Lightspace Technologies received a grant of €2.3 million from the European Innovation Council's Accelerator program to support its augmented reality innovations.
Funding · LV · 28 Aug · EUR 2.1M
Principle raised $2.5 million in pre-seed funding to develop its AI-powered strategic simulation platform.
Funding · LV · 29 Jul · EUR 5.5M
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.
Funding · LV · 10 Jul · EUR 1.7M
BirdyChat has raised €1.7 million in investment to expand its work communication platform.
Funding · LV · 29 Jun · EUR 526K
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.
Funding · LV · 01 Apr · EUR 388K
Latvian AI startup Spotwise raised 450,000 USD in a pre-seed round led by Outlast Fund, with support from BADideas.fund and 500 Global, following its pitch at TechChill 2026. The round will help the broadcast sales and analytics platform expand across Europe.
Funding · LV · 15 Feb · EUR 250K
Natrix raised EUR 250k in pre-seed.
Funding · LV · 19 Dec · EUR 1.2M
Nodu raised EUR 1.2M in pre-seed.
Funding · LV · 28 Oct · EUR 1.1M
Desktop Commander raised EUR 1.1M in pre-seed, led by 42CAP.
Funding · LV · 17 Oct · EUR 275.0M
Eleving Group issued a EUR 275 million senior secured 2025/2030 Eurobond carrying a 9.5% annual coupon, the largest bond issuance in the group's history. Proceeds refinanced the 2021 EUR 150 million bond and part of Mintos liabilities, and the notes listed on Nasdaq Riga and the Frankfurt Stock Exchange.
Funding · LV · 15 Oct · EUR 96K
Adsmom raised EUR 96k in pre-seed, led by 500 Global.
Funding · LV · 28 Aug · EUR 680K
Tournated raised EUR 680k in seed.
Funding · LV · 07 Aug · EUR 3.3M
Cellbox Labs raised EUR 3.3M in seed.
Funding · LV · 01 Aug · EUR 3.6M
Handwave raised EUR 3.6M in seed, led by Practica Capital.
Funding · LV · 03 Jun · EUR 54.0M
Aerones raised EUR 54.0M in Series B.
Funding · LV · 12 Feb · EUR 50K
Tournated secured a EUR 50K investment from the Latvian Business Angels Network to accelerate international growth of its sports-management platform.
Funding · LV · 26 Jun · EUR 250K
Tilde won the European Commission's Large AI Grand Challenge, receiving a EUR 250,000 prize and 2 million GPU hours on the LUMI supercomputer to build the TildeOpen large language model for European languages. This is a grant award rather than an equity round.
Funding · LV · 15 May · EUR 935K
Cellbox Labs raised EUR 935K in a pre-seed round led by Buildit, with LatBAN-affiliated angels participating, to develop automated organ-on-chip technology.
Funding · LV · 08 Jan · EUR 4.4M
Aerones secured a EUR 4.416M grant from the EU Innovation Fund to produce and deploy wind-turbine blade repair robots.
Funding · LV · 27 Dec · EUR 36.6M
Aerones raised USD 38.9M in growth funding co-led by Lightrock and Haniel to scale robotic wind-turbine maintenance.
Funding · LV · 10 Oct · EUR 1.1M
Draugiem Capital, the investment arm of Draugiem Group, invested EUR 1.14 million in Prime Prometics on October 10, 2022, becoming a minority shareholder in the pro-age cosmetics company.
Funding · LV · 05 Oct · EUR 63K
MADARA Cosmetics received EUR 63,036 of EBRD support, funded through the EU Horizon 2020 Green Innovation Programme, for improvements to its SELFNAMED platform.
Funding · LV · 01 Jul · EUR 5.0M
Riga based Sonarworks raised 6 million USD in a funding round led by Almaz Capital, joined by Karma Ventures, Trind Ventures, Proks Capital, Smart Growth VC, Wiser Financial Advisors and angel investors Cesar Lamschtein and Victor Yun. The round brought Sonarworks total funding to about 13.8 million USD to scale its SoundID audio calibration business.
Funding · LV · 16 Jun · EUR 1.4M
Aerones raised USD 1.6M while pivoting its robotic technology toward wind-turbine maintenance.
Funding · LV · 10 Nov · —
MADARA Cosmetics completed an oversubscribed IPO and began trading on Nasdaq First North Riga; strategic investor Oy Transmeri Group AB emerged with 6% of the company.