Riga, Latvia · Venture Capital BADideas.fund is a Riga-based early-stage syndicate and pre-seed/seed fund whose 200+ members are operators and founders from CEE unicorns including Wise, Veriff, Printify, and Bolt. The fund is backed by Latvian development bank Altum under the EU ERDF-supported programme, with a total fund size of €20.67 million, active from 2024 to 2029. It focuses on globally ambitious founders from Latvia and the broader CEE region.
Venture Capital Deep TechSaaSFintech
Riga, Latvia · Venture Capital Buildit is a Riga-based hardware and IoT accelerator-VC hybrid founded in 2014, operating as the first accelerator in the Baltics and Nordics focused on physical-device startups. It runs cohort programmes and provides pre-seed funding up to €250k for Latvia-incorporated startups, with seed follow-on up to €1.5M for Baltic and Nordic companies. The firm has made over 120 investments and manages the Buildit Latvia Pre-Seed Fund (2022 vintage). Portfolio companies span energy, health tech, smart living, and robotics, including Aerones.
Venture Capital Pre-Seed to Seed HardwareIoTEnergyHealth TechRoboticsSmart Living
Riga, Latvia · Venture Capital Imprimatur Capital Fund Management is a Riga-based early-stage venture capital firm founded in 2010 and affiliated with London-headquartered Imprimatur Capital Ltd. The firm manages seed and start-up funds backed by the Latvian Guarantee Agency and institutional investors, with over €17M under management and more than 70 portfolio companies. It targets B2B software, digital health, learning and training, and robotics startups at pre-Series A in the Baltic Sea Region. Key partners include Toby Moore (Managing Partner) and Jānis Janevičs (Partner).
Venture Capital Seed to Pre-Series A B2B SoftwareDigital HealthEdTechRobotics & Automation
Riga, Latvia · Venture Capital Outlast Fund is an early-stage venture capital firm co-headquartered in Riga and Stockholm, founded in 2024 by Egita Polanska, Marija Rucevska, Kristaps Prusis, and Mikaela Pedersen. The fund closed its debut €21 million vehicle backed by Latvian sovereign fund Altum, the EU's ERDF, and Baltic angel investors. It targets pre-seed tickets up to €250k and seed rounds up to €1.5 million, with a focus on B2B SaaS, fintech, and cybersecurity across the Baltics and Nordics.
Venture Capital B2B SaaSFintechCybersecurity
Riga, Latvia · Venture Capital Overkill Ventures is a pre-seed B2B tech fund founded in 2017 and headquartered at Dzirnavu iela 105 in Riga, Latvia. The firm backs founders it calls 'overkillers' — operators who work smarter and challenge conventions — primarily across the Baltics, Nordics, CEE, and CIS regions. Overkill focuses on helping startups reach product-market fit and has made over 40 investments to date. It is registered as an Alternative Investment Fund Manager (AIFM) in Latvia under the entity Overkill Ventures AIFP.
Venture Capital Pre-Seed to Seed B2B SoftwareSaaSDeep TechEnterprise Tech
Riga, Latvia · Venture Capital ZGI Capital is one of the most experienced venture capital firms in the Baltics, founded in 2005 in Riga. It has operated four successive fund generations (ZGI-1 through ZGI-4), with ZGI-4 attracting the largest single private VC investment in Latvia at €10M. The firm targets seed and Series A rounds of €500k–€5M in Latvian and Baltic companies across SaaS, fintech, food-agtech, logistics, and industrial sectors. ZGI Capital has won Latvia's VC & PE sector award six times, including in 2024 and 2025.
Venture Capital Seed to Series A SaaSFintechAgriTechLogisticsIndustrial