Latvian-founded fintech startup Finfra has raised $2.5 million in funding, led by Cento Ventures and supported by Accion Venture Lab, Z Venture Capital, Matiss Ansviesulis, Hustle Fund, and FIRSTPICK.
Latvian biomedical startup PrintyMed has secured over €800,000 in grant funding to create a heart valve prosthesis and a membrane for cell binding, using artificial spider silk printing technology.
Riga-based defence tech startup Origin has secured €4 million in a pre-seed funding round to develop cost-effective, drone-launched precision-guided weapon systems.
Riga-based investment platform Mintos has raised €2 million in debt funding from FlyCap to support continued growth.
Latvian sustainable auto startup BeTRITON has raised €80,000 from 150 investors through an equity crowdfunding campaign on Crowdcube.
Latvian retrofitting vehicles startup Electrify has secured €1.5 million in a funding round to enhance production capacity.
Riga-based investment platform Mintos has successfully raised €3.1 million from more than 3,300 investors in its Crowdcube crowdfunding campaign.
Latvia-based Jeff App has raised $2 million to grow its data-driven financial marketplace presence in emerging economies. The seed funding round was led by Presto Ventures, with participation from J12.