Startup funding in Latvia

17 funding rounds for startups in Latvia were tracked in the last 24 months, raising about €89.1M in total. The largest was Aerones at €54.5M. Data to 2026-10-12.

17Rounds
€89.1MRaised

See these rounds on the map or search the full table.

Stages

Other5Pre-Seed5Seed4Grant2Series B1

Top sectors

Deeptech3Healthtech2Software2Robotics2AI2Media2

Largest rounds

CompanyAmountStageDateSource
Aerones€54.5MOther2025-06-03link
Giraffe360€8.7MSeries B2026-03-26link
Origin Robotics€4.5MOther2024-11-27link
Origin Robotics€4.0MPre-Seed2024-10-28link
Trace.Space€3.9MSeed2025-02-06link
Handwave€3.7MSeed2025-08-01link
Cellbox Labs€3.3MOther2025-08-08link
BirdyChat€1.7MOther2026-05-05link
Naco Technologies€1.5MSeed2025-01-14link
Desktop Commander€1.1MPre-Seed2025-10-28link

Most active investors

Latest rounds

DateCompanyAmountStageSource
2026-06-15FitRadar€129KGrantlink
2026-05-05BirdyChat€1.7MOtherlink
2026-03-26Giraffe360€8.7MSeries Blink
2026-02-11Deep Space Energy€930KPre-Seedlink
2025-12-24Upwood€50KPre-Seedlink
2025-10-28Desktop Commander€1.1MPre-Seedlink
2025-08-29Tournated€643KOtherlink
2025-08-08Cellbox Labs€3.3MOtherlink
2025-08-01Handwave€3.7MSeedlink
2025-06-03Aerones€54.5MOtherlink
2025-05-29POS Finance€275KPre-Seedlink
2025-05-23Adventum Tech€250KGrantlink
2025-05-01Sonocase€72KSeedlink
2025-02-06Trace.Space€3.9MSeedlink
2025-01-14Naco Technologies€1.5MSeedlink
2024-11-27Origin Robotics€4.5MOtherlink
2024-10-28Origin Robotics€4.0MPre-Seedlink

Frequently asked questions

How much funding did startups in Latvia raise in the last 24 months?
Across 17 tracked rounds, startups in Latvia raised about €89.1M in total (amounts normalised to EUR). Data runs to 2026-10-12.
What was the largest funding round for startups in Latvia?
Aerones raised €54.5M on 2025-06-03.
Which investors are most active in startups in Latvia?
By number of tracked rounds: Change Ventures (4), FIRSTPICK (2), Outlast Fund (2). Investor names are only available for rounds where the source disclosed them.
Which sectors raise the most rounds for startups in Latvia?
Deeptech (3), Healthtech (2), Software (2), Robotics (2), by number of rounds.
Where does this data come from?
Rounds come from the Tech.eu Funding Explorer (Europe, CC BY 4.0), startup news feeds read by an AI model, and SEC EDGAR Form D filings in the US. Europe has the deepest coverage, so totals for other regions are likely understated. Check the linked source before relying on any figure.

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