Funded Startups in Riga
The largest disclosed round in this Riga list is Sonarworks at $6M (2021-07-14, “Venture - Series Unknown”), and it stands out against the rest of the disc…
The largest disclosed round in this Riga list is Sonarworks at $6M (2021-07-14, “Venture - Series Unknown”), and it stands out against the rest of the disclosed amounts: outside Sonarworks, the next-largest disclosed figures top out at $4M (Mobilly on 2025-08-25 and Cellbox Labs on 2025-08-06), with most other disclosed rounds clustered between roughly $100K and $3M. A second clear pattern is temporal clustering: 10 of the 38 entries have round dates in 2025 (from 2025-01-14 through 2025-10-30), and the most recent disclosed entry is PrintyMed on 2026-05-13 at $590K.
Geographically, every listed company is based in Riga, Riga or Riga (34 rows explicitly show “Riga, Riga, Latvia” and the remaining show “Riga, Latvia”). By stage disclosure, many rounds are not categorized in a standard label: 7 rows show “undisclosed” amounts and 18 rounds show “Series Unknown” (for example, Mobilly 2025-08-25 and Mintos 2024-08-06), while known amounts span from a low of $10K (Cubed, 2023-05-03) up to Sonarworks’ $6M.
Most recent rounds
38 shownRelated listings
Frequently asked
What’s the biggest disclosed round in this Riga set, and how different is it from the rest of the disclosed amounts?
Sonarworks’ $6M round (2021-07-14) is the clear outlier: the next-largest disclosed amounts are $4M (Mobilly on 2025-08-25 and Cellbox Labs on 2025-08-06), and most other disclosed rounds sit well below that level (for example, $3M rounds like Naco on 2025-01-14).
Do the most recent entries cluster in a narrow time window, or are they evenly spread across years?
They cluster toward recent years: 10 of 38 rows are dated in 2025 (e.g., Naco 2025-01-14; Desktop Commander 2025-10-30), and the newest entry is PrintyMed on 2026-05-13. Earlier funding is still present, with the oldest dated round in the list at Edurio on 2020-02-12 ($500K).
Which disclosure pattern is most common here: explicit stage labels, “Series Unknown,” or “undisclosed” amounts?
“Series Unknown” appears frequently (18 rows), such as Mobilly (2025-08-25) and Mintos (2024-08-06). Separately, 7 rows show “undisclosed” amounts (e.g., Ambear on 2025-04-14 and TapBox on 2023-02-01), which limits comparisons to disclosed-$ amounts only.
Are there sector concentrations that repeat across multiple companies?
Yes: Artificial Intelligence (AI) shows up repeatedly across the set—BirdyChat (2026-05-05, Seed, $2M), RivalSense (2024-06-05, Angel, undisclosed), and Exponential Technologies (2023-12-15, Series Unknown, $310K)—along with B2B Software showing up via Desktop Commander (2025-10-30) and Adsmom (2025-10-17).
Are any rounds materially larger or smaller than the rest, aside from the top outlier?
On the low end, Cubed’s $10K (2023-05-03) is the smallest disclosed amount. On the high end, a small band around $3M recurs (e.g., Naco 2025-01-14 $3M, Origin Robotics 2024-10-25 $3M, Mintos 2024-08-06 $3M), but these still sit below Sonarworks’ $6M ceiling.
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