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Top 45 Enterprise Startup Investors in Latvia in October 2023

A list of 45 angel investors and VC (Venture Capital) funds that invest in Enterprise startups based in Latvia. We rank investors based on the number of investments they made in Enterprise companies from Latvia. We update this investor list every month.

Top 45 Enterprise Startup Investors in Latvia in October 2023

Investor Enterprise Latvia investments
ZGI Capital 6
Uldis Sipols 4
FlyCap 3
Sverre Bisgaard 3
New Nordic Ventures 3
Nicolai Torgersen 2
Indrikis Liepa 2
Lauris Liepa 2
European regional development fund (ERDF) 2
Povilas Urbonas 2
Maksim Zakurdaev 1
Louis Paulsen 1
Angel Parn 1
River Venture Partners 1
Angels Band 1
Andrej Jakovlev 1
Mamba 1
Richard Frank 1
Siena Capital 1
Microsoft for Startups 1
Alex Hofmann 1
Mail.Ru Group 1
Herman Kienhuis 1
Moscow Seed Fund 1
Smartup Ventures 1
Elar Nellis 1
Marat Kichikov 1
Ratmir Timashev 1
Lev Dolgatsjov 1
Point Nine 1
Swedbank 1
Vesna Investment 1
Andris K. Berzins 1
Connect Ventures 1
Superhero Capital 1
Capitalia 1
JOINT JOURNEY 1
Amazon Web Services 1
Lauri Isotamm 1
Almaz Capital 1
Envac Group 1
AdFirst.vc 1
Rein Raudjarv 1
Nikita Sergienko 1
Miko Malberg 1

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ZGI Capital
VC Fund · Riga, Riga, Latvia

ZGI Capital is the fund management company that manages "ZGI fund”, that was founded to support entrepreneurs lacking start-up capital for their business. The total amount of assets available for venture capital investments is of EUR 7.4M. Combined with bank financing, this will allow to finance investment projects with total assets of up toEUR 30M. The fund acts on behalf of various investors including the State.

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Investment focus

  • Manufacturing, Machinery Manufacturing, Consulting
  • Funding Round, Seed, Debt Financing
  • Latvia, Estonia

Portfolio highlights

  • eAgronom — eAgronom helps farmers generate additional revenue streams, improve soil quality, and access better financing.
  • KOOL Latvija — "KOOL Latvija" is a new concept gas station created in Latvia, which at the same time is also a convenient fast shopping place.
  • Bioreactors.net — Biotechnical center is an innovative company and we provide solutions for industrial biotechnology processes, bioreactor manufacturing and industrial automation. We manufacture bioreactors for laboratory, pilot and industrial scale.
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Uldis Sipols
Angel

Uldis Sipols

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Investment focus

  • CAD, Software, Simulation
  • Seed, Angel, Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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FlyCap
VC Fund · Riga, Riga, Latvia · 1 investment in the past 12 months

FlyCap AIF is a Venture Capital Fund of total size of 15.75 MEUR. The Fund provides growth capital for Latvia based SME’s in a form of investments in equity and mezzanine capital.

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Investment focus

  • Health Care, Consumer Goods, Medical
  • Funding Round, Seed, Debt Financing
  • Latvia, Estonia, The Netherlands

Portfolio highlights

  • Tapcore — Tapcore is the only solution on the market that enables mobile developers to monetize pirated copies of their apps through advertising. Established in 2015, we are a remote company with headquarters in the Netherlands. Currently we serve over 150 million ad requests daily (and counting!).
  • Purified — Purified is a nutritional supplement supplier.. It offers black chocolate produced by the best doctors in collaboration with scientists.
  • Elmo — In our car sharing business Elmo Rent we wanted to serve maximum customers with minimum resources, so we created remote control technology to deliver vehicles.
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Sverre Bisgaard
Angel · Oslo, Oslo, Norway

Has built up and been the leader of Kongsberg Norspace in Horten, Norway and its predecessors over a period of more than 30 years, starting with AME space division in 1984. AME Space AS, a separate company created in 1986, became Alcatel Space Norway (ASN) in 1989 after an MBO in 1988. As MD lead ASN to an international leading position, developingand manufacturing satellite electronic products for satellite manufacturers world-wide, growing the company from 15 to 130 employees and sales exceeding 20 million Euros. Started Norspace, who took over the business of ASN when Alcatel closed ASN in 2003 following the satellite industry downturn in 2001-2002. After another successful build-up of Norspace over eight straight profitable years sold the company to Kongsberg in 2011. Retired from the position of CEO of Kongsberg Norspace end of March 2015.Kongsberg Norspace products are now (2015) found in over 200 satellites, mostly used for telecommunications.Presently engaged as board chairman, board member and investor in various companies.

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Investment focus

  • CAD, Software, Simulation
  • Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

New Nordic Ventures
VC Fund · Riga, Riga, Latvia · 3 investments in the past 12 months

NNV is a seed stage VC fund. We invest in B2B startups from CEE and CIS region and help them to expand internationally

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Pre-Seed, Seed, Funding Round
  • Latvia, Estonia, United States

Portfolio highlights

  • OHMYSYNT — AI-powered tool for businesses and creators, that alters videos in seconds using text prompts.
  • DrugCards — Local literature screening will be under control with DrugCard. It's: continuous, regular, transparent, multi-language, and cost-effective.
  • Rapid Delivery Analytics — RDA is an analytical tool that tracks data from rapid delivery e-grocery (Getir, Gopuff, UberEats etc.) and gathers key metrics across thousands of dark stores and micro fulfilment centres, giving FMCG brands real-time data and actionable insights. The e-grocery market has multiplied in light of the pandemic; however, there are still no detailedreports on the rapid grocery delivery market to give brands insights such as price variations, stock availability information, promotional activities data, and brands operate blindly and inefficiently in quick commerce and rapid grocery delivery apps. Our solution helps FMCG brands receive 360 analytics on rapid delivery services: sales, marketing, and strategy insights and, therefore, spend less and earn more.
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Nicolai Torgersen
Angel

Nicolai Torgersen

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Investment focus

  • CAD, Software, Simulation
  • Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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Indrikis Liepa
Angel

Indrikis Liepa

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Investment focus

  • CAD, Software, Simulation
  • Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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Lauris Liepa
Angel

Lauris Liepa

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Investment focus

  • CAD, Software, Simulation
  • Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 8 investments in the past 12 months

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Grant, Funding Round, Pre-Seed
  • United Kingdom, Germany, France

Portfolio highlights

  • Hilo EV — Hilo EV uses AI to scan its surroundings for hazards such as pedestrians and vehicles, and actively applies a number of functions to warn of the danger.
  • Crespect — Achieve harmony in legal practice
  • ProTec Group — ProTec Group operates as a specialist prototype to production part supplier. ProTec Group provide a completely integrated design-to-production service from 1off CNC machined, fabricated or 3D printed to Low volume prototype & production manufacturing techniques.
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Povilas Urbonas
Angel · Odense, Syddanmark, Denmark

Povilas Urbonas

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Investment focus

  • CAD, Software, Simulation
  • Pre-Seed
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

Maksim Zakurdaev
Angel

Maksim Zakurdaev

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

Louis Paulsen
Angel

Louis Paulsen

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

Angel Parn
Angel

Angel Parn

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

River Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands

River Venture Partners is an angel syndicate that focuses on supporting early-stage entrepreneurs in digital media, marketing, e-commerce, entreprise and education technology.

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Investment focus

  • Internet, Software, SaaS
  • Seed, Angel, Pre-Seed
  • The Netherlands, Finland, Latvia

Portfolio highlights

  • Contentoo — Outperform competitors with Contentoo's Creators Cloud. Leverage AI and top freelancers for quality content creation, localisation, and optimisation at scale
  • Anyways — Een tijdelijke auto voor de deur. Zonder gedoe. Met het auto abonnement van Anyways heb jij je eigen auto. Voor hoe lang je zelf wilt.
  • Clubee — Manage your club with ease. Websites, Member Management, Communication, Finance, Sponsorships and more.
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Angels Band
VC Fund · Minsk, Minsk, Belarus

AngelsBAND - business-angels in Belarus, support for startups with brainy funding

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Investment focus

  • Beauty, Computer Vision, Professional Services
  • Seed, Angel, Pre-Seed
  • Latvia, United States, United Kingdom

Portfolio highlights

  • ZENOO — ZENOO is a personalized RAW food & wellness product service for your pets well-being in a convenient way.
  • CopyMonkey.AI — AI for Amazon Listing Optimization. Generate Amazon Descriptions and Bullet Points with keywords. Create your first Optimized Amazon Listing for free.
  • Zenoo — Whether building from ground up or improving your current onboarding journey, Zenoo is the provider of choice for startups to global institutions.
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Andrej Jakovlev
Angel

Andrej Jakovlev

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Investment focus

  • B2B, E-Commerce, Marketplace
  • Pre-Seed
  • Latvia

Portfolio highlights

  • machinesearch.io — Introducing the ultimate search engine for industrial machinery ads Comprehensive search results, Saved searches and alerts and many more.
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Mamba
VC Fund · Moscow, Moscow City, Russian Federation

Mamba is the number one Russian online dating service, which cooperates with major portals including Mail.Ru, Rambler and MSN.com and over 30,000 others. The company’s database holds over 18.6 million registered users, over 40% of which are active. Mamba primarily targets customers in Russia and the CIS and is also going to launch dating servicesabroad. The business model is centered on the “pay as you go” principle: the users are more inclined to pay for additional instant low cost services, rather than bigger monthly subscription. Company’s billing system is one of the largest in the world with more than 40 possible ways to pay for Mamba’s services. According to various estimates, Mamba controls about 85% of the market.

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Investment focus

  • Mobile Apps, Social Media, Social Network
  • Seed
  • Latvia

Portfolio highlights

  • F3 — F3 is a social discovery app to make new friends and communicate with existing ones.
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Richard Frank
Angel · Watford, Hertford, United Kingdom

Richard Frank

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Investment focus

  • iOS, Apps, VoIP
  • Seed
  • Latvia

Portfolio highlights

  • Roamer — Roamer is the first mobile app that links your regular mobile number to a foreign SIM and saves up to 97% on roaming charges for calls and data. It keeps your usual number when traveling abroad and uses cellular, not WiFi.
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Siena Capital
VC Fund

Siena is a VC firm mainly investing in startups in Estonia and California

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Investment focus

  • CAD, Banking, FinTech
  • Seed, Pre-Seed, Convertible Note
  • Estonia, Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
  • Tuum — Our cloud-native API-first core banking platform enables any business to rapidly offer seamless, tailored financial services to their customers.
  • Teamscope — Understand what drives your team's performance, make exceptional hiring decisions, and unlock the full potential of your team.
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Microsoft for Startups
VC Fund · Redmond, Washington, United States · 11 investments in the past 12 months

Microsoft for Startups is a global program designed to help startups scale with free access to Azure cloud and a streamlined path into selling alongside Microsoft and our vast partner ecosystem.

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Investment focus

  • Software, Information Technology, SaaS
  • Seed, Funding Round, Grant
  • United States, India, Canada

Portfolio highlights

  • UniPay — UniPay is an eCommerce platform for infrastructure and industry-lacking regions that offers 5 products that enable trust, promote transparency, and enforce accountability.
  • NotJustEvent — NotJustEvent stands at the forefront of innovation as a comprehensive event platform transforming the event planning and management landscape, utilizing advanced technologies and offering a versatile suite of services. We seamlessly link event organizers, vendors, performers, and attendees within our dynamic ecosystem. Our platform elevates theevent planning process by providing an array of high-quality event-related services, such as venue rentals, catering, ticketing, decorations, and more.
  • Emission Sentri — Drive emission management and reduction with insights
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Alex Hofmann
Angel · Los Angeles, California, United States

Hofmann most recently held the role of musical.ly’s President in North America, where he led expansion efforts to build the world’s fastest growing entertainment social network. Within three months of Hofmann joining the team, app downloads increased from 200 to 400,000 per day. musical.ly hit the top of the app chats in 21 countries and has grownto over 200 million users globally.During his time at musical.ly, Hofmann helmed the company’s global content, brand, entertainment, and talent partnerships, in addition to heading all corporate functions for North and South America. He oversaw the closure of deals with all three major music labels and publishers. Under his leadership, the company closed its largest product partnership with Apple Music, as well as original content partnerships with Viacom, NBCU, and Hearst Digital. Hofmann also orchestrated partnerships with top artists like Bruno Mars, Katy Perry, Ariana Grande, Selena Gomez, Jason Derulo and 250+ other artists worldwide.In early 2018, Hofmann announced he was moving on from musical.ly to pursue new ventures following the company’s successful merger with Chinese tech giant, Bytedance. He is currently investing in and advising new startups. He remains an ally and advisor to musical.ly. In 2017, Hofmann was chosen by Variety as one of “30 Execs to Watch” for its Digital Entertainment Impact Report and featured by Billboard on its Digital Power Players List: Guiding the Future in Music and Tech. Most recently, he accepted the WSJ Technology Innovator Award. A German native, Hofmann currently resides in Los Angeles.

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Investment focus

  • Mobile Apps, Social Media, Social Network
  • Seed
  • Latvia

Portfolio highlights

  • F3 — F3 is a social discovery app to make new friends and communicate with existing ones.
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Mail.Ru Group
VC Fund · Leningradskiy, Chukot, Russian Federation

Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites(Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company.Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.

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Investment focus

  • Social Media, Mobile Apps, Education
  • Seed, Series A, Funding Round
  • Russian Federation, United States, Cyprus

Portfolio highlights

  • Uchi.ru — Uchi.ru offers online courses for school students.
  • O2O Holdings — Formed by a JV between Sberbank and Mail.ru Group, provides an O2O services platform focusing on key areas of food and transportation.
  • AliExpress Russia — AliExpress Russia is a leading cross-border and domestic e-commerce platform in Russia.
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Herman Kienhuis
Angel · Amsterdam, Noord-Holland, The Netherlands

Founder and managing partner of River Venture Partners angel syndicate. Venture partner at VC firm Newio. Tech investor focused on early-stage investments in B2B software companies in Northern Europe. Supporting investors and entrepreneurs in building digital businesses that change people's lives. Former chemical engineer, strategist, digitalproduct development executive, founder of SanomaVentures and Managing Director of KPN Ventures.

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Investment focus

  • Software, Information Technology, Internet
  • Seed, Pre-Seed, Angel
  • The Netherlands, Finland, Denmark

Portfolio highlights

  • Singa — Singa is the Spotify of karaoke for personal and commercial use. Access a catalog of 20 000+ songs to sing effortlessly anywhere, any time and with any platform.Easy to use is Singa’s main operating principle. You don’t need to buy a console, or a microphone, or even a DVD-player. Singa is platform agnostic. To use Singa, you’ve already goteverything you need either in your pocket (mobile phone), on your table (PC) or in your living room (TV).* One account works on all devices, mobile, browser or Smart TV* Each user gets to test Singa for free before signing up to a Premium account* Singa works fluently with external accessories
  • Fledgerr — Fledgerr develops cutting-edge equity management solution.
  • Contentoo — Outperform competitors with Contentoo's Creators Cloud. Leverage AI and top freelancers for quality content creation, localisation, and optimisation at scale
Show more investments...

Moscow Seed Fund
VC Fund · Moscow, Moscow City, Russian Federation

The Fund for the Promotion of Venture Investment in Small Enterprises in the Scientific and Technical Sphere of Moscow was established by the Department of Entrepreneurship and Innovation Policy of Moscow.

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Investment focus

  • Software, Information Technology, Advertising
  • Seed, Debt Financing, Series A
  • Russian Federation, United States, Israel

Portfolio highlights

  • 4Blind — Help to socialize and improve the health and well-being of people with visual disabilities with the help of technologies.
  • Tamburin — Tamburin is a platform which allows marketers to evaluate and predict the effectiveness of advertising and optimize budgets.
  • Refin.online — online mortgaging platform
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Smartup Ventures
VC Fund · Tehran, Tehran, Iran

Smartup Ventures is a venture capital, a company that creates value by helping businesses grow faster. We create ventures by joining forces with everyone who shares our values and ambitions. By building strong partnerships with entrepreneurs, talents, business developers, angel investors, and venture investors.

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Investment focus

  • Information Technology, E-Commerce, CRM
  • Seed, Series A, Series B
  • Iran, Latvia, United Arab Emirates

Portfolio highlights

  • Landin — With landin, you can easily create your landing pages And convert click to customers
  • Vindad — We help Businesses manage their legal needs by providing access to everything they need to start and run their business, including blogs and legal guides, over 50 legal and commercial documents.
Vanda Legal forms are common business legal documents that range from Investment, trademark, incorporation, NDAs, and Human resources. There is simplestep-by-step instructions help businesses customize documents for their specific needs. And to be sure it's done right; they can have their document reviewed by an attorney from our hand-picked network.
  • Salam Sakhteman — A platform that connects home-owners and builders to qualified service professionals such as painters, carpenters, electricians, etc.
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Elar Nellis
Angel · Tallinn, Harjumaa, Estonia · 1 investment in the past 12 months

Elar is a full-stack engineer with 12+ years of experience. He has worked for different start-ups during his whole professional career and wouldn't change start-up life for anything. Elar was also the first employee of Estonian flagship startup Pipedrive. If he's not working then he's probably playing piano, writing music or hikingin the endless forests of Estonia.

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Investment focus

  • Software, CAD, SaaS
  • Seed, Angel, Pre-Seed
  • Latvia, Estonia, United States

Portfolio highlights

  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
  • Corner Renovation — Volume Hiring AI Automator
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Marat Kichikov
Angel · Amsterdam, Noord-Holland, The Netherlands · 1 investment in the past 12 months

Marat is a serial entrepreneur with more than 20 years of experience in the financial industry and early stage investor. He is the founder of several successful companies, including a consumer finance bank, few e-commerce companies and investment fund. He serves on the board of his several portfolio companies (Bioloka, Wow Cube, F3 and RelesticaHolding), utilizing his knowledge and expertise in Blockchain industry which he joined to in 2013 as a partner in Bitfury Group. In both as a fund and as an angel investor, Marat have invested in 30+ fin tech, e-commerce, blockchain technology, educational, healthcare and gaming companies, providing business expertise and financial & advisory support to founders. Marat has a master's degree in finance & business management and a bachelor's degree in law. In his free time, Marat likes surfing and skiing!

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Investment focus

  • Software, Education, Cryptocurrency
  • Seed, Series A, Pre-Seed
  • United States, Canada, Latvia

Portfolio highlights

  • Intropia — Find Web3 jobs and other opportunities, capitalize your network, and hire the best talent.
  • Starly.io — Launchpad and marketplace for your gamified NFT collections
  • EWA Learn — Start learning English, French and Spanish with EWA: conversational vocabulary, interactive exercises, modern examples and fun tasks are waiting for you!
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Ratmir Timashev
Angel · Greenwich, Connecticut, United States

Ratmir Timashev possesses a rare combination of proven business savvy, forward-looking technical knowledge and market vision. Ratmir brings to bear more than 20 years of entrepreneurial experience building, advising and investing in successful technology companies. As Veeam Software’s Co-Founder and Senior Vice President, Marketing and CorporateDevelopment Mr. Timashev is responsible for strategy and process execution on acquisitions and investments to expand Veeam’s total addressable market (TAM) as well as to build and lead the Veeam Global Marketing Organization in executing the marketing plan and strategy.In 1997, he founded Aelita Software, provider of award-winning Windows Server systems management software. In 2004, Aelita was acquired by Quest Software, and after ensuring the successful continuation of Aelita’s products and strategy at Quest, Ratmir founded Veeam Software to provide similar systems management solutions for modern virtualized data center infrastructures. Over the last decade, Ratmir’s vision and drive has seen Veeam to become one of the largest private software companies in the world with revenue booking projected to reach $1 Biillon in 2018 and 3,000 employees worldwide. Veeam has become the leader and the innovative provider of data management and protection by creating a new market category of Availability for the Always-On Enterprise.Ratmir earned a master’s degree in Chemical Physics from the Ohio State University in 1995. He continues to share his knowledge and ideas to fuel innovative IT solutions around the world.

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Investment focus

  • Enterprise Software, Software, Information Technology
  • Seed, Series A, Funding Round
  • United States, Latvia

Portfolio highlights

  • Acure.io — Easy quality control of digital services, interfaces and customer experience (UX). Improved performance and reliability of digital services. Reduced Mean Time to Restoration and root cause analysis. Reduced human factor and manual labor.
  • Revenue Grid — Revenue Grid is a revenue intelligence platform that helps improve sales performance and shifts your CRM from the "view mode" to the "do mode"
  • 5nine Software — Acronis Cloud Manager provides advanced monitoring, management, migration, and recover for Microsoft Cloud environments of all shapes and sizes.
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Lev Dolgatsjov
Angel

Lev Dolgatsjov

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
Show more investments...

Point Nine
VC Fund · Berlin, Berlin, Germany · 10 investments in the past 12 months

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Software, SaaS, Internet
  • Seed, Series A, Series B
  • Germany, United States, France

Portfolio highlights

  • Sereact — Discover the world's easiest pick-and-pack automation solution. Significant cost savings, productive 24/7, deployment in one day and no training required.
  • Grasp — Grasp mission is to increase the rate at which humans learn.
  • Amperecloud — ampere.cloud is Renewables & Environment company
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Swedbank
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania

Swedbank AB (formerly Föreningssparbanken) is a Nordic-Baltic banking group offering retail banking, asset management, financial, and other services.Swedbank is a modern bank firmly rooted in Swedish savings bank history.

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Investment focus

  • Banking, Real Estate, FinTech
  • Funding Round, Post-IPO Debt, Debt Financing
  • Sweden, Latvia, Finland

Portfolio highlights

  • Yabie — Yabie's Payment and POS systems take the effort out of selling. It's the most intuitive, hassle-free and mobile way of interacting with your customers and making a sale.
  • Kojamo Group — Kojamo plc will focus on real estate investments in Finland, renewing rental housing to make it increasingly attractive by developing new types of homes and services. The solutions promote work-related mobility in urbanising Finland, increase well-being and help preserve the environment. The vision of the housing investment company is to be apioneer in housing and the customer’s number-one choice.
  • Exeger — We invent, engineer, and provide world-changing technologies to improve everyday life.
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Vesna Investment
VC Fund · Moscow, Moscow City, Russian Federation

Vesna Investment offers financing for internet start-ups. During the post-investment stage Vesna Investment will become an active partner, providing support and experience.

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Investment focus

  • EdTech, Internet, Education
  • Funding Round
  • Latvia

Portfolio highlights

  • YaClass — YaClass is an edutech startup offering K12 online programs in math, sciences and languages, as well as preparation tests for state exams.
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Andris K. Berzins
Angel · Riga, Riga, Latvia

Andris K. Berzins is the Managing Partner at Change Ventures. He attended Stanford University Graduate School of Business.

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Investment focus

  • Drones, EdTech, Analytics
  • Seed, Angel, Pre-Seed
  • Spain, Latvia, Lithuania

Portfolio highlights

  • Memby — Memby is a Lithuania-based EdTech startup that brings affordable online tutorship to high schoolers.
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Reach.ly — Reach.ly is a next-generation analytics tool for e-commerce sites. By deploying machine learning and pattern recognition algorithms tool, they uncover actionable customer behavior patterns. Their real-time analytics infrastructure lets e-commerce sites engage with these customers using customized messages or tailored web content.
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Connect Ventures
VC Fund · London, England, United Kingdom · 14 investments in the past 12 months

Connect Ventures invests in the best product-led companies in Europe at seed stage. Categories: Consumer, Health, Fintech, SaaS

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Investment focus

  • Software, SaaS, FinTech
  • Seed, Series A, Pre-Seed
  • United Kingdom, United States, Germany

Portfolio highlights

  • Anytype — for those who celebrate trust & autonomy.
  • Swallow — A modern pricing platform that separates pricing from the rest of your code. Swallow increases the speed and confidence of pricing changes for greater growth and profitability.
  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 8 investments in the past 12 months

Early-stage VC searching for the next Superheroes.

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Investment focus

  • Software, Information Technology, Internet
  • Seed, Pre-Seed, Series A
  • Finland, Estonia, Lithuania

Portfolio highlights

  • Phaver — Welcome to the biggest mobile app on Lens Protocol. Access all that Web3 Social has to offer through one easy-to-use app. Engage with your favourite creators, connect your NFT's, earn rewards and more
  • Videobot — Grow your business with personalised video funnels that engage your audience with human interaction, capture leads, guide your users, enhance customer satisfaction and increase conversion rate.Short videos have already become dominant across social media platforms. Now, this beloved user experience is available on company websites as well. The applications are vast and varied. Discover how it all works by reserving your own presentation slot.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Capitalia
VC Fund · Riga, Riga, Latvia

Capitalia, a company listed on Nasdaq Baltic stock exchange, is the leading financer for small and medium enterprises in the Baltics. As our focus is set on SME’s we are able to provide financing that serves as a supplement or as an alternative to the loans issued by commercial banks. Since the founding of Capitalia in 2007 we have issued financingto more than 1000 companies and consulted more than 100 businesses in various financial matters.

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Investment focus

  • Software, CAD, Apps
  • Seed, Debt Financing
  • Latvia, Sweden, Lithuania

Portfolio highlights

  • Favro — The #1 app making collaborative planning working at scale between teams for SaaS & Live Games companies. Agile team collaboration, smoother than ever.
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • AISPECO — AISPECO is a Lithuanian company, which provides geospatial monitoring systems for helicopters, planes, UAVs, and terrestrial vehicles.
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JOINT JOURNEY
VC Fund · Limassol, Limassol, Cyprus · 3 investments in the past 12 months

Active investment firm that calling founders with a great product vision across diverse industries

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Seed, Funding Round, Pre-Seed
  • United States, Russian Federation, United Kingdom

Portfolio highlights

  • WeGoTrip — Book self-guided audio tours with skip-the-line tickets to museums, galleries, and many other attractions.
  • Altris.AI — AI for Ophthalmology & Optometry is the future of eye care. It will set high diagnostic standards for the industry and bring better patient outcome as a result. Together we will solve the preventable blindness problem.
  • Whizz — My Device is a subscription-based rental service provider for devices like electric scooters, bicycles, home sports equipment, etc.
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Amazon Web Services
VC Fund · Seattle, Washington, United States · 13 investments in the past 12 months

Amazon Web Services provides information technology infrastructure services to businesses in the form of web services. Its products and solutions include cloud computing, compute, networking, storage and content delivery, databases, analytics, application services, deployment and management, mobile services, applications, AWS marketplace software,startups, enterprises, partners, government and education, websites and web applications, big data and HPC, gaming, and digital media as well as backup, storage, and archive. The company also provides AWS management console, documentation, SDKs and tools, downloads, platforms, Java, JavaScript, mobile, PHP, Ruby, Python, Windows, .NET, resources, forums, tutorials and articles, whitepapers, training and certification, and AWS user groups for developers. In addition, it offers compute, storage, database, analytics, application, and deployment services; and mobile services, websites, and backup and recovery services. Amazon Web Services serves the government, education, and non-profit sectors in North America, South America, Europe, Africa, Asia Pacific, and internationally. Amazon Web Services was founded in 2006 and is based in Seattle, Washington. It has data center locations in the United States, Europe, Brazil, Singapore, Japan, and Australia. It operates as a subsidiary of Amazon.com Inc.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Funding Round, Grant, Pre-Seed
  • United States, Lebanon, United Kingdom

Portfolio highlights

  • Siriusnet Institute — PoR Esports Blockchain
  • FlitchCoin — Flitchcoin:way to make passive income equivalent to profitable traders with investment products, borrow, lend, stake & earn via our Risk Distribution infrastructure
  • Reefreshed — Reefreshed Instantly Provides Goods & Services With Delivery Within Minutes.Grocery & Essentials Delivered In Less Then A Hour.
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Lauri Isotamm
Angel

Lauri Isotamm

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Investment focus

  • Software, CAD, Music
  • Pre-Seed
  • Latvia, United States

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investment in the past 12 months

Almaz Capital is an international venture capital firm investing in early stage, capital efficient technology companies. A unique bridge fund headquartered in Silicon Valley, Almaz Capital connects Eastern European/former Soviet engineering and entrepreneurial talent to the U.S. market and helps build global businesses. The firm invests inhigh-growth sectors such as artificial intelligence and blockchain applications, data engineering, cybersecurity, industrial IoT, networking architecture and infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Founded in 2008, Almaz Capital has invested in over 30 portfolio companies and has had nine exits to date.

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Investment focus

  • Software, Mobile, Internet
  • Series A, Funding Round, Series B
  • United States, Russian Federation, Latvia

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • marta — German Version below:marta offers a market place for families, people in need of care and European caregivers. We believe that, on the one hand everyone has the right to receive appropriate care and to age with dignity and on the other hand caregivers should be able to do their work under fair conditions.We are working on software solutions toconnect caregivers with families across Europe and we support both parties during the entire process. In our own families we have seen that the current market is characterized by non-transparent services and does not deliver adequate quality. It is out mission to change that.That is why we at marta pursue the goal of making things better by applying our software solutions to fundamentally rebuilding the "24-hour" care market.Deutsche Version:marta bietet einen Marketplatz für Familien, pflegebedürftige Menschen und europäische Pflegekräfte. Aus unserer Sicht, hat zum einen jede/r das Recht darauf, angemessene Pflege zu erhalten und in Würde zu altern und zum anderen sollten Pflegekräfte unter fairen Bedingungen ihre Arbeit machen können.Wir arbeiten an dem Bau von Softwarelösungen, um Pflegekräfte mit Familien in ganz Europa zu verbinden und während der Betreuung zu begleiten. In unseren eigenen Familien haben wir gesehen, dass der derzeitige Markt von intransparenten Dienstleistungen geprägt ist und keine angemessene Qualität liefert.Deswegen verfolgen wir bei marta das Ziel, es durch unsere Softwarelösungen besser zu machen und den Markt der "24-Stunden" Pflege grundlegend neu aufzubauen.
  • WORKERBASE — Agile manufacturing to increase production flexibility and ensure business continuity. Intelligent process execution for the connected worker to increase operational flexibility and reduce costs in Industry 4.0
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Envac Group
VC Fund · Stockholm, Stockholms Lan, Sweden

Envac is one of the most innovative players in the global waste collection industry and inventor of the pneumatic waste collection system.

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Investment focus

  • Waste Management, Internet of Things
  • Pre-Seed
  • Latvia

Portfolio highlights

  • The Littery — The Littery is an environmental services company that recycles plastic pollution into e-lottery tickets.The company uses IoT and Computer vision to reframe litter into e-lottery tickets that cause an instant change of attitude due to the innate human optimism bias resulting in an immediate and lasting behavioral change. Its breakthrough idea hasthe potential to revolutionize the littering and household packaging collection markets with its superior solution by motivating citizens to keep their cities clean by themselves. Cities that partner with The Littery experience cleaner communities with less litter and happier citizens at a lower cost.The Riga, Riga-located company was founded by Michael Manniche in 2019.
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AdFirst.vc
VC Fund · Limassol, Limassol, Cyprus

AdFirst.vc is a venture capital firm designed to co-invest with other VCs in early and expansion stage start-ups. They perform Marketing Due Diligence ads tests for start-ups and help the investor evaluate the reachable audience, check the marketing competencies of the team, and reduce the cost of attracting customers. Testing allows to confirm thecompany's capitalization and eliminate marketing risks. In the future, they oversee the marketing strategy of the project in order to control KPI.

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Investment focus

  • E-Learning, Mobile Apps, FinTech
  • Seed, Pre-Seed, Series A
  • United States, Russian Federation, Latvia

Portfolio highlights

  • Adapty — The all-in-one service for in-app subscriptions. Develop, optimize and grow apps with iOS, Android, React Native, Flutter, Unity and Web support.
  • Synchronization — Synchronization is an online education platform.
  • Akademiya Peremen — Akademiya Peremen is an educational platform that focuses on the life style segment of health, beauty, style, and psychology.
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Rein Raudjarv
Angel

Rein Raudjarv

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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Nikita Sergienko
Angel

Nikita Sergienko

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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Miko Malberg
Angel

Miko Malberg

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Investment focus

  • CAD, Software, Simulation
  • Angel
  • Latvia

Portfolio highlights

  • CENOS — CENOS redefines engineering simulation software category for mass adoption: FROM enterprise niche and multi-purpose software for 100K simulation experts TO mass adoption of intuitive vertical-focused simulation apps by 10M+ practical engineers in production
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