17 Best Startups in Latvia to Watch in 2025

The Definitive Seedtable Ranking of Startups in Latvia

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 17 start-ups with an aggregate funding of $444.8m. The average funding per company in this subset is $26.2m.

Last update to the database: Feb 18, 2025. See changelog.

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Nordigen logo

Nordigen

The first free European open banking API that provides regulated connections to major European banks.

2

Funding Rounds

$3.2m

Money raised

Aerones logo

Aerones

Aerones is a company building heavy-lift drones founded in 2015 by Janis Putrams.

3

Funding Rounds

$19.6m

Money raised

Naco logo

Naco

Nano-coating solutions provider for green energy systems.

3

Funding Rounds

$4.8m

Money raised

Airdog logo

Airdog

Airdog is a company founded by Agris Kipurs, Edgars Rozentals and Ilja Nevdahs.

4

Funding Rounds

$7.7m

Money raised

CENOS logo

CENOS

Engineering simulation platform for SMB. CENOS helps small engineering companies to replace physical prototyping with virtual testing.

2

Funding Rounds

$1.4m

Money raised

Sunly logo

Sunly

Sunly is a renewable energy producer founded in 2019 by Priit Lepasepp.

1

Funding Rounds

$230.0m

Money raised

2

Funding Rounds

$11.6m

Money raised

AGICortex logo

AGICortex

AI-powered neural network development platform for autonomous devices.

3

Funding Rounds

$383.0k

Money raised

ALINA (company) logo

ALINA (company)

ALINA is an eco-technology for Sustainable Preservation founded in 2005 by Dāvids Štēbelis, Solvita Kostjukova and Ģirts Ozols.

2

Funding Rounds

$567.5k

Money raised

Printful logo

Printful

Printful prints custom products on-demand for online businesses, and ships each order to their customers around the world.

1

Funding Rounds

$130.0m

Money raised

Zeew logo

Zeew

Zeew is an All-IN-ONE white-label solution for On-Demand Delivery businesses founded in 2020.

1

Funding Rounds

$630.0k

Money raised

Drafter AI logo

Drafter AI

Drafter AI is a multi-language artificial intelligence writing assistant.

1

Funding Rounds

Origin logo

Origin

Origin is a drone-launched precision weapon systems developer founded in 2022 by Agris Kipurs.

2

Funding Rounds

$9.1m

Money raised

F3 logo

F3

Social app for asking questions and creating answers, with all content disappearing in 72 hours.

2

Funding Rounds

$7.8m

Money raised

RCG Lighthouse logo

RCG Lighthouse

RCG Lighthouse is a Latvia-based company founded in 2013 by Kaspars Osis.

1

Funding Rounds

$580.0k

Money raised

Sorsera logo

Sorsera

AI-driven RFP collaboration platform for supply chain and procurement industries.

1

Funding Rounds

$1.5m

Money raised

Atlas Dynamics logo

Atlas Dynamics

Atlas Dynamics is a platform providing drone-based solutions for professional users founded in 2015.

2

Funding Rounds

$16.0m

Money raised

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