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.
Latvian provider of fleet management services, Mapon, has expanded its presence in Lithuania, acquiring Trackon. The amount of the deal remains undisclosed.
Riga-based aircraft parts manufacturer AM Craft has secured a €600,000 pre-seed funding to expand its operations in Central Europe, the US, and Southeast Asia.
Latvian biotech startup Cellbox Labs has secured €935,000 to further develop its automated organ-on-chip culturing platform and launch operations.
Riga-based B2B fintech company inGain has raised €650,000 from Trind Ventures, Fiedler Capital, and Latvian Business Angels Network.