Rumor confirmed Leaks have appeared all over the web for the past month or so, but it’s official now.
Atlas Dynamics, a Riga, Latvia–based provider of drone-based solutions for the professional user, raised $8m in funding.
4finance Group S.A., a European online and mobile consumer lending group, has announced some changes to its executive management and supervisory board.
Prezi, a San Francisco, CA-based visual presentation platform company, acquired Infogram, a Riga, Latvia-based web-based data visualization company.
LightSpace Technologies, a Riga, Latvia-based developer of optically deep volumetric 3D image display technologies, raised €800k in funding.
Creamfinance, a Latvian consumer finance provider with HQ in Warsaw, Poland, closed a €21m Series B financing.
AirDog, a Palo Alto, CA- and Riga, Latvia-based manufacturer of foldable drones designed for self-video shooting in action sports, received an investment from Social Discovery Ventures.
Mintos, a Riga, Latvia-based peer-to-peer lending marketplace, raised €2m in seed funding.
iTech Capital, a Riga, Latvia and Moscow, Russia-based venture capital firm focused on growth investments in digital economy businesses, is raising a $200m fund.
Eco Baltia JSC, a Riga, Latvia-based provider of waste treatment in Latvia and the Baltic states, received a €10m minority investment.
Airdog, a Palo Alto, CA and Jelgava, Latvia-based provider of an auto-follow drone for action sports, closed a $2M seed funding round. The round was led by Seraph Group with participation from IT-Farm Corporation, Base Ventures, FlyCap, Imprimatur Capital and angel investors Konstantin Othmer, Harry Cheung, Vinny Lingham, Chris Hulls and Arthur Watson. The company, which […]
Stenders, a Latvian cosmetics producers and franchise developers, received a €1m investment. Backers included Baltic private equity and venture capital investment management company BaltCap. The company intends to use the proceeds to strengthen the management team with international cosmetics management expertise, store openings in the cities of Singapore and London, as well as expansion of […]
FullContact, a Denver, Colorado and Riga, Latvia-based provider of a contact management platform, raised an additional $7m in funding. The company, which has raised just under $16m in total, intends to use the funds to continue developing applications for more devices, with upcoming releases of FullContact for Mac and FullContact for Android. Led by Bart […]
Infogr.am, a Riga, Latvia-based provider of an infographics platform, raised €1.34m in funding. ArticStartup reported that backers included Point Nine Capital, Connect Ventures and HackFwd. The company intends to use the funds to expand in the USA and increase its marketing and sales efforts. Launched in February 2012 by Uldis Leiterts, Raimonds Kaze, Alise Semjonova, Infogr.am provides […]
Primekss, a Riga, Latvia-based concrete specialist, raised €10m in funding. Green Gateway Fund, advised by Wermuth Asset Management, made the investment. Founded in 1997 and led by CEO Janis Oslejs, Primekss provides PrimeComposite, a patented system for making ecologically friendly concrete elements. It is used to produce concrete floors for civil engineering buildings, water and […]