# Top 25 Hardware Startup Investors in Latvia in May 2026

## FlyCap
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 4
- Stages: Seed, Debt Financing
- Focus: Health Care, Consumer Goods, Medical

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.

## ZGI Capital
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 4
- Stages: Seed, Debt Financing
- Focus: Manufacturing, Machinery Manufacturing, Consulting

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.

## Base Ventures
- Type: VC Fund
- Location: Berkeley, California, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Mobile, E-Commerce

We founded Base Ventures to turn access into opportunity for investors, founders, and the next disruptive idea.

## Carthona Capital
- Type: VC Fund
- Location: Sydney, New South Wales, Australia
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Financial Services, Artificial Intelligence

Carthona Capital is a hands-on, proactive, and thematic venture capital investor based in Sydney, Australia that invests globally.

## Taver Capital Partners
- Type: VC Fund
- Location: Wilmington, Delaware, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Machine Learning, Software

Taver Capital is a venture fund that invests in early stage artificial intelligence companies from around the world.

## Chris Sang
- Type: Angel
- Location: Sydney, New South Wales, Australia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, Mobile

Managing Partner, Chief Technology Officer, Venture Advisor, Global Investor

## Vinny Lingham
- Type: Angel
- Location: San Francisco Bay Area, California, United States
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Blockchain, Internet, Cryptocurrency

Vinny Lingham is Co-Founder & CEO at Civic. He was the founder and CEO of Gyft, a mobile gift card app that allows customers to buy, store, send and redeem gift cards conveniently from their mobile device.
He is also the founder of Yola.com, a web development and hosting company that enables users without prior programming knowledge to developwebsites.
Vinny is the recipient of numerous awards, including Top Young ICT Entrepreneur in Africa (2006) and was also a finalist for Men’s Health Best Man (2009) and ICT Personality of the Year in South Africa (2008). He also previously founded Clicks2Customers, which also won the Top Technology Company award in South Africa in 2006.
He has previously served on marketing advisory boards for Nasdaq listed Valueclick and Yahoo, was also selected as an Endeavor “High Impact Entrepreneur” in 2006. Vinny studied a B.Com (Information Systems) at the University of Cape Town.

## New Nordic Ventures
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Machine Learning, Artificial Intelligence

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

## Angelsdeck Global Ventures
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Mobile Apps, Software, Education

AngelsDeck Global Ventures. Joint investments and exclusive community.AngelsDeck was created:01 For comfortable and mutually beneficial communication among its members, who share venture capital and self-development values. 02 For priority access to venture capital deals with a recommendation from trusted syndicators.03 By and forinvestors who have an impeccable business reputation and capital transparency.Our Values:* Expertise * We are proud of our members' combined expertise. We create and maintain an environment where all members can conveniently and comfortably share their valuable knowledge.* Exclusivity * In the venture capital market, there is a lot of competition among investors for promising projects. We showcase exclusive deals that are not on the surface.* Syndication * We have created a marketplace where experienced syndicate investors can compete for members' attention by the quality of their deals. Everyone can try the role of a syndicator.* Communication * "As a fish needs water, an investor needs a network," and we have created an exclusive club with a unique atmosphere of online and offline communication between members of equal enthusiasm, aspiration, and motivation.

## Baltic Tech Ventures
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Software, Wearables

Baltic Tech Ventures is the only publicly traded VC fund with an angel group focused on seed and early stage investment in the Baltic region. Investors can get involved with BTV in two ways: gaining exposure to the entire BTV portfolio by buying shares (NASDAQ:BTE1R) or by direct angel investment into one or more BTV portfolio companies. BTVangel investors benefit from the ability to invest directly into the Baltics' most promising startups on the same terms as the smartest money in the region. Unlike with other VC opportunities, BTV investors can select the companies they invest in, with low investment minimums, no management or success fees, and no lockup. BTV startups are fully vetted by BTV. BTV financials are fully audited, with regulatory oversight under Nasdaq.

## Konstantin Othmer
- Type: Angel
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Internet, Photo Editing, Automotive

Konstantin Othmer is the Co Founder & CEO at Speechpad.

## Change Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Apps

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

## ZenStone Venture Capital
- Type: VC Fund
- Location: Santa Clara, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: FinTech, Real Estate, Financial Services

Introduction of the investment thesis of ZenStone Venture Capital: Investing in passionate founders with extraordinatry vision and execution at post seed and early venture stages.

## EIT Digital
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Grant, Seed, Pre-Seed
- Focus: Software, Information Technology, Health Care

EIT Digital is a leading European open innovation organisation. Our mission is to foster digital technology innovation and entrepreneurial talent for economic growth and quality of life in Europe. We bring together entrepreneurs from a partnership of over 130 top European corporations, SMEs, start-ups, universities and research institutes.EITDigital invests in strategic areas to accelerate the market uptake of research-based digital technologies and to bring entrepreneurial talent and leadership to Europe. Our innovation and education activities are organised in and around our co-location centres, where students, researchers, engineers, business developers and entrepreneurs come together to drive the digitalisation of society.EIT Digital is a Knowledge and Innovation Community of the European Institute of Innovation and Technology (EIT). Since 2010, EIT Digital is consistently mobilising talents, ideas, technologies, investments and business across Europe and beyond to stimulate disruptive digital innovation. The headquarter is in Brussels with co-location centres in Berlin, Eindhoven, London, Helsinki, Paris, Stockholm, Trento, as well as in Budapest and Madrid.The Strategic Innovation Agenda 2014-2016 "Blended Life in a Connected World" is available for download in the Publications section.

## Chris Hulls
- Type: Angel
- Location: Berkeley, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Apps, Drones, Mobile

Chris is the cofounder and CEO of Life360. Before doing the whole startup thing, he did a stint in banking at Goldman Sachs and spent a few years in the Air Force. He went to college at UC Berkeley, and was about to start class at Harvard Business School when he had a last minute change of heart and decided to pioneer the trend of being an ivyleague pre-dropout. In his time off, Chris likes to do anything that involves machines that move--like building drones, driving cars, flying planes, and piloting hovercraft. He is also widely credited with coining the term App Store Optimization.

## Seraph Group
- Type: VC Fund
- Location: Foster City, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Analytics

Seraph Group invests and shares exclusive, early-stage investment opportunities.

## Social Discovery Group
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Apps, Internet, Mobile

Social Discovery Group is the world's largest group of social discovery companies. It unites more than 40 brands, an investment fund and a venture studio.

## Harry Cheung
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Drones, Internet

Harry Cheung - Partner @ Siren Studios

## IT-Farm
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

IT-Farm is a venture capital firm which specializes in seed, start-up, and early stage companies. It primarily invests in mobile, big-data, connected car, IoT, OTT service, Helth care, Bio Tech and other IT industries. The firm actively invests in SF bay area and Japan, as well as other geometries including Asia and Europe. We support portfoliocompanies, especially on the partnership with Japanese enterprises.

## Visionplus
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

WE HELP YOU TO GROW FASTER!

## NuVX Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Machine Learning, Artificial Intelligence, Software

Company’s strategy is to assemble a diversified portfolio of investments in leading deep tech technology companies.

## Dean Dorrell
- Type: Angel
- Location: Sydney, New South Wales, Australia
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Financial Services, Artificial Intelligence, Software

Dean Dorrell has a B.A. (Hons.) in Economics and had a successful initial career as a bond trader, arbitrageur and proprietary trader. He was a coder from very early days and used those skills whilst trading to formulate some of the earliest proprietary models, quant trading systems and statistical arbitrage methods in the 1990’s that led to himbecoming Head of Bond Trading at Paribas in London and later joining Greenwich Capital and Greenwich Natwest.
Dean made his first angel investment in 1998 and during the mid-2000’s transitioned into a VC/private equity/operating executive role with Redbus Group in London which had successful exits such as RFD to Lionsgate and Lovefilm (which was the merged entity that the Redbus founded Video Island became part of) to Amazon and was named winner of the Richard Branson sponsored Sunday Times Virgin Atlantic Fast Track 100.Dean moved to Australia in 2010 and became the Managing Director and an Investment Committee Member of M.H. Carnegie & Co. in 2011, primarily leading the deal team in early stage venture investments and private equity deals (largely focused on distressed real assets such as marinas and pubs).Dean co-founded Carthona Capital in 2014 which has become one of Australia’s leading early stage venture capital companies with over $200m of FUM.

## StartersHub
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Software, Artificial Intelligence, Information Technology

We are StartersHub. We are here for people who want to grow their start-up and find their angel investors. Find your venture capital now!

## Merito Partners
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed, Private Equity
- Focus: Furniture, Smart Home, Smart Building

Merito Partners is a growing private investment company operating in Latvia and the New Nordics.

## Dan Bragiel
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: Software, Logistics, Mobile

Dan Bragiel has co-founded 2 companies and has been involved in startups for the past 10 years.
He began with mobile gaming at Paragon 5 focusing on running the offices in Poland, Netherlands and Argentina. He then co-founded the startup Meetro, a pioneer in the location/mobile space. He then went on to start Lefora that was sold in 2010.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
