# Investors in Latvia (2026 list)

> 19 investors in Latvia, 95% active in the last 12 months. Led by 500 Global, EIC Accelerator, Cherry Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-in-latvia (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors in Latvia

Updated 7 November 2026

Firms observed in a round raised by a company in Latvia in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market.

[See all 19 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-latvia)The top 19

**19** investors on the list *+2* this week

**458** cheques in 12 months *-20%* against the market

**$3.8M** median round they joined *-52%* against the market median

**95%** wrote a cheque in 12 months

**47%** have led a round

## The Top 19

Ordered by cheques observed, never by anything anyone paid for

Deploying now (18)

- 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 2 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 3 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) *Deploying now* VC firm · Germany **179** **$13M** median round **Oct 2026** last seen
- 4 [Charlie Songhurst](https://millionrounds.com/fund/charlie-songhurst) *Deploying now* VC firm · United States **155** **$3.8M** median round **Oct 2026** last seen
- 5 [European Union](https://millionrounds.com/fund/european-union) *Deploying now* Government · United Kingdom **118** **$2.3M** median round **Sept 2026** last seen
- 6 [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) *Deploying now* VC firm · Netherlands **115** **$3.8M** median round **Jul 2026** last seen
- 7 [Change Ventures](https://millionrounds.com/fund/change-ventures) *Deploying now* VC firm · Estonia **89** **$4.4M** median round **Sept 2026** last seen
- 8 [Practica Capital](https://millionrounds.com/fund/practica-capital) *Deploying now* VC firm · Lithuania **70** **$3M** median round **Nov 2026** last seen
- 9 [NATO DIANA](https://millionrounds.com/fund/nato-diana) *Deploying now* Investment firm **67** **$417K** median round **Jul 2026** last seen
- 10 [42CAP](https://millionrounds.com/fund/42cap) *Deploying now* VC firm · Germany **56** **$4.8M** median round **Oct 2026** last seen
- 11 [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif) *Deploying now* VC firm · Luxembourg **44** **$5.2M** median round **Oct 2026** last seen
- 12 [FIRSTPICK](https://millionrounds.com/fund/firstpick) *Deploying now* VC firm · Lithuania **33** **$625K** median round **Sept 2026** last seen
- 13 [Dig Ventures](https://millionrounds.com/fund/dig-ventures) *Deploying now* VC firm · United Kingdom **29** **$7.5M** median round **Oct 2026** last seen
- 14 [Inovo VC](https://millionrounds.com/fund/inovo-vc) *Deploying now* VC firm · Poland **5** **$5.7M** median round **Sept 2026** last seen
- 15 [Nebular](https://millionrounds.com/fund/nebular) *Deploying now* VC firm · United States **5** **$5M** median round **Nov 2026** last seen
- 16 [Outlast Fund](https://millionrounds.com/fund/outlast-fund) *Deploying now* VC firm · Latvia **4** **$2.6M** median round **Jul 2026** last seen
- 17 [Fiedler Capital](https://millionrounds.com/fund/fiedler-capital) quiet VC firm · Hungary **3** **$12M** median round **Feb 2025** last seen
- 18 [Latvian Business Angel Network](https://millionrounds.com/fund/latvian-business-angel-network) *Deploying now* Angel network · Latvia **1** **$173K** median round **Nov 2026** last seen
- 19 [Latvian Business Angels Network](https://millionrounds.com/fund/latvian-business-angels-network) *Deploying now* VC firm **1** **$173K** median round **Nov 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Cowboy](https://millionrounds.com/company/cowboy)** Seed · $5M *With* [Nebular](https://millionrounds.com/fund/nebular)
- **3** Nov **[Unitoq](https://millionrounds.com/company/unitoq)** Pre-seed · $173K *With* [Latvian Business Angels Network](https://millionrounds.com/fund/latvian-business-angels-network)
- **2** Nov **[Roleo](https://millionrounds.com/company/roleo)** Seed · $3.3M *Led by* [Practica Capital](https://millionrounds.com/fund/practica-capital)
- **29** Oct **[Bleu Robotics](https://millionrounds.com/company/bleu-robotics)** Pre-seed *With* [Charlie Songhurst](https://millionrounds.com/fund/charlie-songhurst)
- **26** Oct **[PureTerra Ventures](https://millionrounds.com/company/pureterra-ventures)** Other · $33M *With* [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif)
- **22** Oct **[Adaptavate](https://millionrounds.com/company/adaptavate)** Other · $5.4M *With* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)

## Stages This Year

432 rounds

- Venture **28%**
- Seed **21%**
- Series A **13%**
- Grant **11%**
- Pre-seed **8%**
- Other **20%**

## What They Backed

Sectors, last 12 months

- AI **120**
- Biotech **45**
- Healthcare **30**
- Energy **27**
- Aerospace & Space **26**
- Fintech **24**

## Cheques by Quarter

Led Joined

166 Q1 25

134 Q2 25

173 Q3 25

129 Q4 25

169 Q1 26

138 Q2 26

94 Q3 26

13 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in United States 5,827](https://millionrounds.com/lists/investors-in-united-states)
- [Investors in United Kingdom 1,889](https://millionrounds.com/lists/investors-in-united-kingdom)
- [Investors in Germany 898](https://millionrounds.com/lists/investors-in-germany)
- [Investors in Canada 868](https://millionrounds.com/lists/investors-in-canada)
- [Investors in Australia 853](https://millionrounds.com/lists/investors-in-australia)
- [Investors in France 771](https://millionrounds.com/lists/investors-in-france)
- [Investors in India 756](https://millionrounds.com/lists/investors-in-india)
- [Investors in Brazil 584](https://millionrounds.com/lists/investors-in-brazil)
- [Investors in Netherlands 569](https://millionrounds.com/lists/investors-in-netherlands)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors in Latvia

### Who are the most active investors in Latvia?

By cheques observed, the most active are 500 Global, EIC Accelerator, Cherry Ventures, Charlie Songhurst and European Union.

### How many investors in Latvia are there?

19 are on record. 95% made an investment in the last 12 months and 47% have led a round.

### Which stages do investors in Latvia back?

Of the rounds with a named stage in the last 12 months, mostly Seed (31%) and Series A (19%).

### How big are the rounds investors in Latvia join?

The typical (median) round among the leading investors here is $3.8M.

### Which sectors do investors in Latvia back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which investors in Latvia lead the most rounds?

EIC Accelerator (9 led), Cherry Ventures (6 led) and 500 Global (5 led).

### Where are investors in Latvia based?

Among the most active, most are based in the United States (3), Germany (2) and the United Kingdom (2).

### What have investors in Latvia invested in recently?

Recent rounds include Cowboy (Seed, Nov 2026, with Nebular), Unitoq (Pre-seed, Nov 2026, with Latvian Business Angels Network) and Roleo (Seed, Nov 2026, with Practica Capital).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
