Startup Landscape in Latvia

Latvia has over 18,501 startups across the country. Of these, 1.07K are funded companies that have collectively raised $6.46B in venture capital and private equity. A total of 332 investors have participated in 3,396 funding rounds, with 17 startups securing early-stage funding and 7 raising late-stage funding. In the last five years, 939 new companies have been founded, raising over $30.3M in funding. Startups in Latvia have witnessed 142 acquisitions and 104 IPOs, while 532 startups wrapped up operations. Additionally, 211 companies have been founded by women.