
Latvia
Innovation Performance



Source: European Innovation Scoreboard
For a Country Overview, click
Institutions & Initiatives
This Website gives an overview over the Business angels, venture capital firms and other sources of finance in Latvia.
The Latvian Startup association (NGO) Startin.LV was created in 2016 to unite the Latvian startup community around common values and provide a joint opinion with the aim of developing a better startup ecosystem in Latvia. The platform enables startups to initiate ideas, be heard, receive support in fulfilling their needs and solving problems.
The goal of this association (2014) is to extend and develop the network of investors in Latvia and support new and prospective projects by organising investment sessions, during which investors and new entrepreneurs meet with each other.
This association was established in 2003 by the six largest companies operating in the Venture Capital industry in Latvia and the “Investment and Development Agency of Latvia”. Aiming to facilitate the development of the Venture Capital industry in Latvia, currently, LVCA unites 40 organisations – the majority of participants in the venture capital industry in Latvia.
TechHub Riga is part of TechHub’s global network. They work exclusively with tech product startups and scale-ups by understanding the process they go through and the needs they have at each stage. The hub supports startups across all stages of their development – from ideation to exit.
Located in the Old Town of Riga, OraculeTang Space is one of the country’s top coworking spaces and hubs. In addition to renting a place to work and a meeting room for up to 100 people, the space offers exclusive apartments to stay in. Its uniqueness lies in its association with a visual art featuring a hairy humanoid confined to a cage, also called OraculeTang.
People Work is one of the biggest coworking spaces in the Baltic States where professionals across various industries come to work in the capital of Latvia. Their aim is to create a better way of working by providing entrepreneurs a creative environment that fosters innovation.
Teikums is a coworking and events space offering two locations in the city of Riga. The place provides an open and vibrant space for flourishing of businesses, personalities and ideas. Moreover, they have an event calendar featuring all events organised in their space.
Venture Capital
This Website gives an overview over the Business angels, venture capital firms and other sources of finance in Latvia.