Venture Capital
Buildit
Venture Capital · Riga, Latvia
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.
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