# Top 50 Startups in Latvia by Funding (2026)

> The 50 best-funded startups in Latvia, ranked by total funding raised: $110M combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Creamfinance**](https://millionrounds.com/company/creamfinance) *Founded* - Latvia **$29M** last round Mar 2017
- 2 [**Sonarworks** Sonarworks is a Latvian audio technology company founded in 2012, dedicated to enhancing sound experiences for both music creators and listeners.](https://millionrounds.com/company/sonarworks) Sonarworks is a Latvian audio technology company founded in 2012, dedicated to enhancing sound experiences for both music creators and listeners. *Founded* 2012 Riga, Latvia **$12M** last round Jul 2021
- 3 [**Mintos** Mintos is Europe’s largest peer-to-peer (P2P) lending marketplace and a multi-asset investment platform.](https://millionrounds.com/company/mintos) Mintos is Europe’s largest peer-to-peer (P2P) lending marketplace and a multi-asset investment platform. *Founded* 2014 Riga, Latvia **$9.0M** last round Sept 2024
- 4 [**Atlas Dynamics**](https://millionrounds.com/company/atlas-dynamics) *Founded* - Latvia **$8.0M** last round Jul 2017
- 5 [**Origin Robotics** Origin Robotics is a Latvian defense technology company founded in March 2022 in Riga.](https://millionrounds.com/company/origin-robotics) Origin Robotics is a Latvian defense technology company founded in March 2022 in Riga. *Founded* 2022 Riga, Latvia **$4.8M** last round Nov 2024
- 6 [**Infogram** Infogram is a data visualization tool designed to turn complex data into stunning, interactive visuals.](https://millionrounds.com/company/infogram) Infogram is a data visualization tool designed to turn complex data into stunning, interactive visuals. *Founded* 2012 Riga, Latvia **$4.6M** last round Feb 2014
- 7 [**Handwave** Handwave is a Latvian deeptech fintech startup based in Riga, founded in 2021 or 2022.](https://millionrounds.com/company/handwave) Handwave is a Latvian deeptech fintech startup based in Riga, founded in 2021 or 2022. *Founded* 2021 Latvia **$4.2M** last round Aug 2025
- 8 [**Trace.Space** Engineers develop complex products 10x faster with Trace.Space: AI-enhanced requirements management.](https://millionrounds.com/company/trace-space) Engineers develop complex products 10x faster with Trace.Space: AI-enhanced requirements management. *Founded* 2022 Miami, Latvia **$4.0M** last round Feb 2025
- 9 [**SnapEvent** SnapEvent is a corporate event management company based in Paris, founded in 2014.](https://millionrounds.com/company/snapevent) SnapEvent is a corporate event management company based in Paris, founded in 2014. *Founded* 2014 Paris, Latvia **$3.6M** last round Aug 2017
- 10 [**Naco** NACO is a co-investment fund for start-ups and small and medium-sized businesses, backed by Région Nouvelle-Aquitaine, managed by M/Capital.](https://millionrounds.com/company/naco) NACO is a co-investment fund for start-ups and small and medium-sized businesses, backed by Région Nouvelle-Aquitaine, managed by M/Capital. *Founded* 2017 Latvia **$2.6M** last round Jan 2025
- 11 [**Roibox** Roibox provide several map-based solutions for different consumer types and needs.](https://millionrounds.com/company/roibox) Roibox provide several map-based solutions for different consumer types and needs. *Founded* 2020 Riga, Latvia **$2.1M** last round Jun 2022
- 12 [**BirdyChat** BirdyChat is a professional work chat and productivity company based in Riga, Latvia.](https://millionrounds.com/company/birdychat) BirdyChat is a professional work chat and productivity company based in Riga, Latvia. *Founded* - Riga, Latvia **$2.0M** last round May 2026
- 13 [**Sell.xyz** Sell.xyz is an e-commerce marketplace and software platform based in Latvia, founded in 2021.](https://millionrounds.com/company/sell-xyz) Sell.xyz is an e-commerce marketplace and software platform based in Latvia, founded in 2021. *Founded* 2021 Mount Pleasant, Latvia **$1.6M** last round Apr 2022
- 14 [**Electrify** Electrify is a retail electricity marketplace based in Singapore.](https://millionrounds.com/company/electrify) Electrify is a retail electricity marketplace based in Singapore. *Founded* 2017 Latvia **$1.6M** last round Jul 2024
- 15 [**Sorsera** Sorsera provides enhanced intelligence and collaboration capabilities to suppliers & buyers, involved in the procurement process.](https://millionrounds.com/company/sorsera) Sorsera provides enhanced intelligence and collaboration capabilities to suppliers & buyers, involved in the procurement process. *Founded* 2023 Marupe, Latvia **$1.4M** last round Sept 2024
- 16 [**Desktop Commander** Desktop Commander is an AI desktop automation company based in Riga, Latvia, founded in 2025.](https://millionrounds.com/company/desktop-commander) Desktop Commander is an AI desktop automation company based in Riga, Latvia, founded in 2025. *Founded* 2025 Riga, Latvia **$1.3M** last round Oct 2025
- 17 [**Sabre Games** Sabre Games is an international gaming studio dedicated to building AAA mobile, browser, and blockchain games.](https://millionrounds.com/company/sabre-games) Sabre Games is an international gaming studio dedicated to building AAA mobile, browser, and blockchain games. *Founded* 2021 Latvia **$1.2M** last round Apr 2022
- 18 [**Solfeg.io** Solfeg.io is a B2B2C music education platform that offers web-based software for school teachers and mobile apps for individual learners.](https://millionrounds.com/company/solfeg-io) Solfeg.io is a B2B2C music education platform that offers web-based software for school teachers and mobile apps for individual learners. *Founded* 2017 Riga, Latvia **$1.0M** last round Sept 2021
- 19 [**ZoomCharts** ZoomCharts is a software company based in Riga, Latvia, founded in 2013.](https://millionrounds.com/company/zoomcharts) ZoomCharts is a software company based in Riga, Latvia, founded in 2013. *Founded* 2013 Riga, Latvia **$899K** last round Oct 2014
- 20 [**Naco Technologies Ltd** Naco Technologies Ltd develops, manufactures, and supplies nano coating technologies to customers worldwide.](https://millionrounds.com/company/naco-technologies-ltd) Naco Technologies Ltd develops, manufactures, and supplies nano coating technologies to customers worldwide. *Founded* 1975 Latvia **$890K** last round Feb 2015
- 21 [**Vortex Oil Engineering** Vortex Oil Engineering develops and manufactures devices for oil recovery from productive oil layers.](https://millionrounds.com/company/vortex-oil-engineering) Vortex Oil Engineering develops and manufactures devices for oil recovery from productive oil layers. *Founded* 2014 Riga, Latvia **$858K** last round Feb 2018
- 22 [**Lightspace Labs** Lightspace Labs, also known as Lightspace Technologies, is a Deep Tech company founded in 2014.](https://millionrounds.com/company/lightspace-labs) Lightspace Labs, also known as Lightspace Technologies, is a Deep Tech company founded in 2014. *Founded* 2014 Cambridge, Latvia **$791K** last round May 2022
- 23 [**Fabula** Fabula AI is a versatile software that utilizes neural networks to create and edit images across multiple platforms.](https://millionrounds.com/company/fabula) Fabula AI is a versatile software that utilizes neural networks to create and edit images across multiple platforms. *Founded* 2023 Latvia **$777K** last round Sept 2015
- 24 [**MolPort** Molport is a global B2B chemical marketplace founded in 2006 in Latvia.](https://millionrounds.com/company/molport) Molport is a global B2B chemical marketplace founded in 2006 in Latvia. *Founded* 2006 Riga, Latvia **$766K** last round Apr 2013
- 25 [**Tournated** Tournated is a Latvian sports technology company that provides a white-label SaaS platform designed for sports organizations.](https://millionrounds.com/company/tournated) Tournated is a Latvian sports technology company that provides a white-label SaaS platform designed for sports organizations. *Founded* - Jurmala, Latvia **$750K** last round Aug 2025
- 26 [**Smart Vision** Smart Vision provides a fashionable collection of glasses and sunglasses for both men and women.](https://millionrounds.com/company/smart-vision) Smart Vision provides a fashionable collection of glasses and sunglasses for both men and women. *Founded* 2018 Riga, Latvia **$708K** last round Jul 2021
- 27 [**Froont** FROONT – responsive web design, the visual way!](https://millionrounds.com/company/froont) FROONT – responsive web design, the visual way! *Founded* 2012 Riga, Latvia **$689K** last round Apr 2014
- 28 [**GPT360** The Groundbreaking SuperApp at the Nexus of AI and Web3, Empowering Projects, Marketers with Cutting-Edge AI Solutions](https://millionrounds.com/company/gpt360) The Groundbreaking SuperApp at the Nexus of AI and Web3, Empowering Projects, Marketers with Cutting-Edge AI Solutions *Founded* - Riga, Latvia **$600K** last round May 2024
- 29 [**LANDE** LANDE is a crowdfunding platform focused on financing the agricultural sector.](https://millionrounds.com/company/lande) LANDE is a crowdfunding platform focused on financing the agricultural sector. *Founded* 2017 Riga, Latvia **$540K** last round Nov 2022
- 30 [**Riga TechGirls** Riga TechGirls is an organization devoted to educating and inspiring women and girls about technology.](https://millionrounds.com/company/riga-techgirls) Riga TechGirls is an organization devoted to educating and inspiring women and girls about technology. *Founded* 2016 Riga, Latvia **$537K** last round Jun 2024
- 31 [**Alternative Plants** Alternative Plants is a Latvian biotechnology company founded in 2017, based in Riga.](https://millionrounds.com/company/alternative-plants) Alternative Plants is a Latvian biotechnology company founded in 2017, based in Riga. *Founded* 2017 Riga, Latvia **$537K** last round May 2022
- 32 [**PrintOnPack.com** PrintOnPack.com is a packaging marketplace based in Riga, Latvia, that connects clients with packaging manufacturers.](https://millionrounds.com/company/printonpack-com) PrintOnPack.com is a packaging marketplace based in Riga, Latvia, that connects clients with packaging manufacturers. *Founded* 2020 Riga, Latvia **$530K** last round Jul 2021
- 33 [**Hyperscan** AI-powered people and company research software](https://millionrounds.com/company/hyperscan) AI-powered people and company research software *Founded* - Riga, Latvia **$477K** last round Apr 2023
- 34 [**WeedBot** WeedBot is a private limited liability company based in Riga, Latvia, specializing in high-precision laser weeding technology for plant protection.](https://millionrounds.com/company/weedbot) WeedBot is a private limited liability company based in Riga, Latvia, specializing in high-precision laser weeding technology for plant protection. *Founded* 2020 Riga, Latvia **$465K** last round May 2023
- 35 [**Hopted** Hopted is a SaaS company that offers tools for automated data movement between Google Sheets and business apps.](https://millionrounds.com/company/hopted) Hopted is a SaaS company that offers tools for automated data movement between Google Sheets and business apps. *Founded* - Riga, Latvia **$465K** last round Apr 2025
- 36 [**Spotwise.ai** Spotwise.ai is an AI-powered platform that specializes in radio ad monitoring and sales intelligence for the broadcast industry.](https://millionrounds.com/company/spotwise-ai) Spotwise.ai is an AI-powered platform that specializes in radio ad monitoring and sales intelligence for the broadcast industry. *Founded* 2024 Riga, Latvia **$450K** last round Mar 2026
- 37 [**Latgales Granulas** Latgales Granulas producing high quality ENplus A1 wooden pellets.](https://millionrounds.com/company/latgales-granulas) Latgales Granulas producing high quality ENplus A1 wooden pellets. *Founded* 2014 Latvia **$445K** last round Nov 2014
- 38 [**Adsmom** Adsmom is a Berlin-based B2B SaaS company that specializes in AI-powered ad intelligence.](https://millionrounds.com/company/adsmom) Adsmom is a Berlin-based B2B SaaS company that specializes in AI-powered ad intelligence. *Founded* 2025 Riga, Latvia **$442K** last round Jun 2026
- 39 [**Deep Space Energy** Deep Space Energy plans to become a commercial supplier of radioisotope electricity for science surface missions.](https://millionrounds.com/company/deep-space-energy) Deep Space Energy plans to become a commercial supplier of radioisotope electricity for science surface missions. *Founded* - Riga, Latvia **$419K** last round Apr 2026
- 40 [**BaltuVet** BaltuVetis a veterinary product and equipment wholesaler based in Latvia.](https://millionrounds.com/company/baltuvet) BaltuVetis a veterinary product and equipment wholesaler based in Latvia. *Founded* 2015 Jelgava, Latvia **$330K** last round Aug 2015
- 41 [**Inspector Cloud** Inspector Cloud is a software company based in Moscow, founded in 2016 by Pavel Boyko and Alexander Berenov.](https://millionrounds.com/company/inspector-cloud) Inspector Cloud is a software company based in Moscow, founded in 2016 by Pavel Boyko and Alexander Berenov. *Founded* 2016 Riga, Latvia **$325K** last round Apr 2021
- 42 [**swotzy.** Swotzy is a Latvian logistics startup founded in August 2022, headquartered in Riga, with additional offices in Liepāja and Ikškile.](https://millionrounds.com/company/swotzy) Swotzy is a Latvian logistics startup founded in August 2022, headquartered in Riga, with additional offices in Liepāja and Ikškile. *Founded* 2022 Riga, Latvia **$316K** last round Dec 2024
- 43 [**POSFinance** POSfinance is a Latvian fintech company based in Riga that specializes in revenue-based financing for small and medium-sized enterprises (SMEs).](https://millionrounds.com/company/posfinance) POSfinance is a Latvian fintech company based in Riga that specializes in revenue-based financing for small and medium-sized enterprises (SMEs). *Founded* 2024 Riga, Latvia **$312K** last round May 2025
- 44 [**Exponential Technologies** Exponential Technologies Ltd.](https://millionrounds.com/company/exponential-technologies) Exponential Technologies Ltd. *Founded* 2019 Riga, Latvia **$305K** last round Dec 2023
- 45 [**Engycell** Engycell is an energy technology startup based in Latvia, specializing in energy management software, battery energy storage systems (BESS), and virtual power p](https://millionrounds.com/company/engycell) Engycell is an energy technology startup based in Latvia, specializing in energy management software, battery energy storage systems (BESS), and virtual power p *Founded* - Riga, Latvia **$273K** last round Mar 2025
- 46 [**Reach.ly** Reach.ly is a next-generation analytics tool for e-commerce sites.](https://millionrounds.com/company/reach-ly) Reach.ly is a next-generation analytics tool for e-commerce sites. *Founded* 2011 Riga, Latvia **$273K** last round Mar 2014
- 47 [**Clusterpark** Cost-efficient solution for large-scale log data collection, high-speed search & visual analytics.](https://millionrounds.com/company/clusterpark) Cost-efficient solution for large-scale log data collection, high-speed search & visual analytics. *Founded* 2011 Latvia **$267K** last round Oct 2011
- 48 [**GRANDMA** GRANDMA is projects' finance data management software for midsize project based companies.](https://millionrounds.com/company/grandma) GRANDMA is projects' finance data management software for midsize project based companies. *Founded* 2012 Latvia **$265K** last round Sept 2014
- 49 [**Purified** Leading Cardiologists Cardiologists recommend eating healthy and balanced meals every day, more fruits and vegetables, less fat and flour dishes.](https://millionrounds.com/company/purified) Leading Cardiologists Cardiologists recommend eating healthy and balanced meals every day, more fruits and vegetables, less fat and flour dishes. *Founded* 2014 Pure, Latvia **$264K** last round Jan 2017
- 50 [**Conelum** Conelum, a biotechnological startup, develops rapid microbiological diagnostic tests for food and drink industry companies.](https://millionrounds.com/company/conelum) Conelum, a biotechnological startup, develops rapid microbiological diagnostic tests for food and drink industry companies. *Founded* 2012 Riga, Latvia **$257K** last round Sept 2013

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Every startup we hold in Latvia, ranked by the total it has raised in rounds we hold. Nobody pays to be on a list.

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## More startup lists

[See all](https://millionrounds.com/top-lists?t=All%20startups)

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