Recently Funded Startups in Latvia
Updated Oct 2026
FundedIQ tracks 44 funded startups in Latvia, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Latvia, along with the 44 most recently funded startups in the country.
Startups in Latvia closed 17 funding rounds over the last 24 months, 9 of them in the last 12 months, and raised $18M in disclosed capital. The median disclosed round is $465K, with the middle half of rounds falling between $115K and $2.5M. Artificial Intelligence, Financial Services and Information Technology hold the most companies by sector. Riga and Jelgava hold the deepest concentrations of funded startups in the country.
Capital in Latvia concentrates on Artificial Intelligence and Financial Services. Early stage funding dominates, meaning most companies are in their infancy. Local angel groups and specialized venture firms lead the activity. This creates a market of small, agile teams. Contacting these founders often leads directly to the decision makers who still control the product roadmap.
Latvia funded startup statistics
Most recent funding round on record: Jun 2026.
44 most recently funded startups in Latvia
44 shownOrdered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.
Latvia startup funding trends
Funding activity
Startups in Latvia closed 17 funding rounds over the last 24 months, 9 of them in the last 12, adding up to $18M in disclosed capital.
Round sizes
The median disclosed round is $465K, with the middle half running from $115K to $2.5M. 14 of 17 rounds disclosed an amount.
Sectors
Artificial Intelligence, Financial Services and Information Technology hold the most companies, led by Artificial Intelligence at 8. The most common headcount band across the segment is 1-10.
Industries with the most funded startups in Latvia
Sector counts across all 44 tracked companies in Latvia. A company assigned more than one industry is counted in each.
Where are funded startups located in Latvia?
Where funded startups in Latvia are based, by the city on the company record.
About the FundedIQ Latvia startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.
Figures on this page cover the 44 funded startups in Latvia currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (3 of 17 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Latvia is dated Jun 2026.
The table above shows the 44 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Latvia?
FundedIQ tracks 44 funded startups in Latvia. This page lists the 44 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Latvia raised?
Startups in Latvia tracked by FundedIQ have raised $18M in disclosed capital across 17 funding rounds over the last 24 months, including 9 rounds in the last 12 months. 14 of those 17 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Latvia?
Artificial Intelligence has the most, with 8 companies, followed by Financial Services (7), Information Technology (4) and Agriculture and Farming (3). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Latvia?
Riga leads with 38 companies, then Jelgava (1), Jurmala (1) and Liepaja (1).
What is a typical funding round size for startups in Latvia?
The median disclosed round over the last 24 months is $465K, and the middle half of rounds fall between $115K and $2.5M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
How often is the Latvia startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Latvia is dated Jun 2026. Counts and totals on this page are recomputed on every refresh.
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