Startup in Latvia
Every startup record the directory holds in Latvia.
Showing 1–20 of 28 Startup · Latvia
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Startup · Latvia results
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Aerones
Aerones is the world-leading provider of robotic wind turbine maintenance and inspection services. Founded in 2015 by Dainis Kruze and Janis Putrams, the company deploys rope-suspended robots guided by AI software to perform blade cleaning, leading-edge erosion repairs, lightning protection checks, and autonomous visual inspections — completing tasks up to four times faster than manual methods. A Y Combinator W18 graduate, Aerones has raised $115 million in total including a $62 million Series B in 2025, serves customers representing over 50% of global wind power capacity, and operates in 30+ countries.
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Atlas Aerospace
Atlas Aerospace is a Riga-based UAV manufacturer founded in 2015 by Ivan Tolchinsky that produces lightweight reconnaissance drones for military and civilian use. Its flagship drone weighs under 2 kg, is man-portable, and carries a camera for real-time intelligence, surveillance, and reconnaissance. Atlas is a NATO supplier and has delivered over 200 drones to Ukrainian armed forces for battlefield reconnaissance. Beyond defence, the company's systems are used by Norwegian mountain-rescue teams and firefighting services worldwide. Atlas is a member of MilTech Latvia, the national defence industry cluster.
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Catalyco
Catalyco is a Latvian deep-tech materials company that produces high-purity, high-surface-area zinc oxides from industrial waste in a circular process, drawing on more than 30 years of production experience in the underlying chemistry. Customers benefit from using less of these valuable materials while cutting manufacturing costs, and the technology is aimed at industrial applications that currently rely on virgin zinc oxide.
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Dealita.ai
Dealita.ai is an AI-powered deal-flow management platform that automates the screening and initial evaluation of inbound investment opportunities for venture capital and private equity funds. Its algorithms process pitch decks and company data to perform initial filtering and scoring against investor-defined criteria, reducing manual triage workload. Dealita won the Startup of the Year 2024 award in Riga.
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Eventech
Eventech is a Latvian deep-tech company building picosecond-precise, highly reliable time-tagging hardware for space and Earth applications, based on more than 40 years of combined experience in time-to-digital conversion (TDC) data acquisition. Its time taggers have flight heritage including the Hera mission, and the company sells hardware alongside R&D and support services.
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Fuel Finance
Fuel Finance is a Latvian financial-planning-and-analysis (FP&A) software company that combines AI-driven budgeting, forecasting, dashboards and reporting with optional access to human CFOs, aimed at startups and small businesses. It markets an all-in-one alternative to hiring in-house finance staff and has launched an MCP integration so users can discuss financial decisions with AI assistants like Claude.
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Handwave
Handwave is a Riga-based biometrics-as-a-service startup founded in 2021 by Janis Stirna and Sandis Osmanis-Usmanis that replaces cards, phones, and apps with a palm scan for payments, age verification, loyalty activation, and access control. The platform captures both surface palm lines and subdermal vein structures to build a unique encrypted biometric ID backed by two-factor authentication. Handwave has raised €4.3 million in total funding, including a €3.6 million seed round in 2025 led by Practica Capital with participation from FirstPick and Inovo.vc, and is piloting with live retailers across Europe and the US.
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HansaMatrix
HansaMatrix is a Latvian electronics manufacturing services (EMS) company with more than 25 years of experience industrializing electronic products and systems for clients in transportation, telecommunications, energy management, IoT and other sectors. It is one of the leading electronics manufacturers in Northern Europe, offering full-cycle production from prototyping through supply-chain and manufacturing services.
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Hyperjob
Hyperjob is a recruitment SaaS platform that lets companies create branded, interactive job-ad microsites reported to achieve up to six times higher candidate conversion rates than plain job board listings. Founded in 2021 by Janis Kreilis, Juris Sorokins, and Roberts Tomme, the company raised €435k in a seed round led by SMOK Ventures in 2023. The platform also offers automated, personalised LinkedIn and email candidate outreach.
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Lokalise
Lokalise is a Riga-founded localization platform built to help product teams ship multilingual software without turning translation into a bottleneck. Instead of relying on spreadsheets and manual handoffs, the product integrates with design, development, and collaboration tools so text can be extracted, translated, reviewed, and returned to live applications as part of normal shipping workflows. This turns localization from a late-stage publishing task into a continuous process that scales with product development. For companies expanding across Europe and beyond, that capability is operationally important because language support affects onboarding, conversion, support quality, and market-entry speed. In the regional ecosystem, Lokalise stands out as a Latvian SaaS export that solves a very real cross-border problem for digital products. It also connects naturally to companies focused on media generation and international product distribution, making it a strong addition to the directory's view of how European startups build tools for expansion across fragmented markets.
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Longenesis
Longenesis is a Riga-based digital health company founded in 2017 that builds platforms connecting pharmaceutical companies, healthcare providers, and patients to accelerate biomedical research. Its three core products — Curator, Themis, and Engage — enable privacy-preserving patient cohort discovery, consent management, and real-world evidence generation. The company has positively impacted over 850,000 patients across the EU and MENA, holds partnerships with Medtronic and Novartis, and has raised over €1 million in seed funding. It won second place at the EIT Health Catapult programme and earned an AWS Industry Award in 2023.
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Meredot
Meredot is a wireless EV-charging technology company, founded in 2017, that builds contactless charging stations for micro-mobility vehicles, robots and drones with over 93% efficiency and tolerance for several inches of pad misalignment. Its thin, robust chargers are designed to integrate into existing manufacturing lines or be retrofitted into public spaces such as city centers and shorelines, and it recently partnered with Cyberworks Robotics on autonomous-driving charging.
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Mintos
Mintos is Europe's largest regulated investment marketplace for alternative assets, founded in 2014 by Martins Sulte and Martins Valters. The platform connects retail investors with loans originated by non-bank lenders across 30+ countries, offering consumer, business, and real estate loan investments. It has facilitated over €12 billion in cumulative investments, holds a MiFID II licence from the Central Bank of Latvia, and manages over €700 million in assets for more than 500,000 registered users globally.
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Mobilly
Mobilly is a Latvian mobile-payments platform that lets people pay for everyday services by phone, including public transport, parking, the Jurmala beach pass, bus and train tickets, Riga public-transport ticket codes, car washes, EV charging and museum tickets. The service also supports subscriptions, lunch payments and donations through its app.
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Naco Technologies
Naco Technologies develops proprietary PVD nano-coatings that replace expensive platinum-group metals in hydrogen electrolysers and fuel cells, reducing the cost of green hydrogen production at scale. Founded in 2010 by Aleksandrs Parfinovičs and Raivis Nikitins, the company secured €8 million in equity plus a €2.3 million EIC Accelerator grant in 2023, followed by a further €2.5 million pre-Series A round in 2025. Naco's coatings target bipolar plates, gas diffusion layers, and membrane electrode assemblies.
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Nordigen (GoCardless)
Nordigen is a Riga-based open banking data platform that was acquired by GoCardless in 2022. The company provides free access to bank account data through PSD2-compliant APIs, enabling fintechs, lenders, and financial service providers to retrieve transaction histories, account balances, and payment data from over 2,300 banks across 31 European countries. Nordigen's freemium model disrupted the open banking aggregation market by making basic bank connectivity accessible without per-API-call fees. As part of GoCardless, the Riga team continues to develop open banking infrastructure and represents an important Latvian contribution to Europe's financial data ecosystem.
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Origin Robotics
Origin Robotics is a Latvian defence-tech company founded in 2022 by Agris Kipurs and Ilja Nevdah in response to Russia's invasion of Ukraine. The company develops advanced autonomous UAV systems combining AI computer vision with cost-effective hardware. Its flagship BEAK system is a man-portable, mid-range precision-guided weapon with a 15 km reach already deployed by Latvian and Ukrainian armed forces, while BLAZE is an autonomous counter-UAS interceptor using radar and AI vision. Origin has raised €4 million in pre-seed funding led by Change Ventures and secured an additional €4.5 million European Defence Fund grant.
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Printful
Printful is a Riga-founded print-on-demand and fulfillment company that enables e-commerce entrepreneurs, creators, and brands to sell custom-designed products without holding inventory. The platform handles printing, warehousing, and shipping of apparel, accessories, and home goods through its own fulfillment centers in the US, Europe, and Mexico. Printful integrates with major e-commerce platforms including Shopify, Etsy, WooCommerce, and Amazon, and has fulfilled over 70 million items. With over 1,000 employees and revenues exceeding $200 million, Printful is Latvia's largest technology company and one of the Baltic region's most significant startup success stories, demonstrating that global-scale e-commerce infrastructure can be built from Riga.
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Printify
Printify is a print-on-demand platform founded in Riga in 2015 that connects e-commerce merchants with a global network of third-party print providers. Merchants can design and sell custom products — apparel, accessories, home goods — without holding inventory. In 2021 the company raised $45 million, including from H&M Group. In late 2024 Printify merged with fellow Latvian unicorn Printful to form one of the world's largest print-on-demand groups.
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Rebookify
Rebookify is a Riga-based travel-automation platform that turns the price volatility of hotel inventory into recovered margin for travel agencies, TMCs, and OTAs. The system ingests a customer's refundable bookings, continuously rescans the same and equivalent room types across dozens of supplier APIs, detects when a cheaper identical alternative is available before the cancellation deadline, and either alerts the agent or auto-rebooks to capture the delta — all without disturbing the guest's reservation experience. In practice this is a meaningful margin lever: hotel rates move constantly, and even a few percent of recaptured spread across a large corporate travel book flows straight to agency bottom line. The product combines price tracking, room-equivalence matching, and workflow automation tuned to the actual operational realities of travel desks, and is a representative example of the practical B2B AI automation wave coming out of the Baltic startup scene.
