# Top 45 Software VC (Venture Capital) Funds 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.

## Karma Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, Information Technology

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

## New Nordic Ventures
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 3
- 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

## Imprimatur Capital Fund Management
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Music, Biotechnology

Imprimatur Capital Fund Management is a venture capital firm focusing on high-technology at an early stage in its commercial development. We invest in start-up technology businesses which are based on innovative intellectual property, are led by strong teams and have high international growth potential.Imprimatur Capital Fund Management, based inLatvia, manages seed and start-up funds with investors including the Latvian Guarantee Agency, other institutional investors and some private investors. The company source investment opportunities primarily from the Baltic/Nordic/Russia region.Imprimatur Capital Fund Management is a partner firm of Imprimatur Capital Ltd, headquartered in London and with investment operations in Europe, Russia, Asia Pacific, Latin America and the US.

## 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.

## Almaz Capital
- Type: VC Fund
- Location: Portola Valley, California, United States
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Mobile, Internet

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.

## Practica Capital
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Information Technology, Software, B2B

 Practica Capital 

## Capitalia
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Software, CAD, Apps

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.

## European regional development fund (ERDF)
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Grant, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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.

## Mamba
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed
- Focus: Mobile Apps, Social Media, Social Network

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.

## 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.

## 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.

## 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.

## Amazon Web Services
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Grant, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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.

## 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.

## 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.

## Microsoft for Startups
- Type: VC Fund
- Location: Redmond, Washington, United States
- Relevant deals: 1
- Stages: Seed, Grant
- Focus: Software, Information Technology, SaaS

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.

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

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

## APX
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, SaaS, Information Technology

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

## Smartup Ventures
- Type: VC Fund
- Location: Tehran, Tehran, Iran
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Information Technology, E-Commerce, CRM

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.

## Revo Capital
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Financial Services, Information Technology

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

## Angels Band
- Type: VC Fund
- Location: Minsk, Minsk, Belarus
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Beauty, Computer Vision, Professional Services

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

## Emerge Education
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Education, EdTech, E-Learning

Emerge Education is a European seed fund investing in founders solving the $8.5tn skills gap. Emerge provides founders with unrivalled education sector insights, as they're the only fund backed by the world’s foremost education entrepreneurs.

## 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.

## 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.

## Wistron Corporation
- Type: VC Fund
- Location: Taipei, T'ai-pei, Taiwan
- Relevant deals: 1
- Stages: Seed, Series B, Series A
- Focus: Artificial Intelligence, Software, Machine Learning

Wistron Corporation, an original design manufacturer, provides a range of design, manufacturing, and after-sales service support functions for information and communication technology products worldwide. The company's product portfolio covers various technology products, including notebook personal computers (PCs), mobile communicationproducts, servers and storage systems, networking products, desktop PCs, LCD TVs, information appliances, game consoles, and other consumer electronics. Its after-sales services include product replacement, repair and support, and product support solutions, both for products it manufactures and for products produced by other manufacturers. The company sells its products to various vendors who distribute these products under their own brands. Wistron Corporation was founded in 2001 and is headquartered in Taipei, Taiwan.

## 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!

## 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.

## The Untitled Venture Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: SaaS, Software, Information Technology

the Untitled Ventures is an early growth stage fund specializing in deep tech from Eastern Europe. Find out how we develop innovative startups into international businesses. 

## Moscow Seed Fund
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Debt Financing, Series A
- Focus: Software, Information Technology, Advertising

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.

## JOINT JOURNEY
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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

## Mail.Ru Group
- Type: VC Fund
- Location: Leningradskiy, Chukot, Russian Federation
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Social Media, Mobile Apps, Education

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.

## AdFirst.vc
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Learning, Mobile Apps, FinTech

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.

## 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.

## SmartHub
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Convertible Note, Series A
- Focus: Internet, SaaS, Software

SmartHub is a funding and service platform which connects the best start ups to investors, and supports at every investments.Service solutions for investors – tailor made venture portfolios: focused pipeline, extensive analysis and research of investment options, deal structuring, legal paper work, quarterly reporting, investment rightsprotection till exit.Service solutions for startups – fast communications and feedback, mutually beneficial deal making, strategic development support, networking and consulting at fundraising stage.

## Connect Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, FinTech

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

## River Venture Partners
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Internet, Software, SaaS

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

## Siena Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: CAD, Banking, FinTech

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

## pirate equity
- Type: VC Fund
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Apps, Blockchain, Unified Communications

Micro VC developed to help investors explore new markets and sectors.

## 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.

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Software, FinTech

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

## 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.

## ZGI Capital
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- 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.

## SMOK Ventures
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

Bridging Silicon Valley to CEE

## Vesna Investment
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Focus: EdTech, Internet, Education

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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