About BADideas.fund
BADideas.fund is a venture capital firm founded in 2022. It is primarily based out of Riga, Latvia. As of Apr 2026, BADideas.fund is an active investor, having invested in 31 companies, with 7 new investments in the last 12 months. It primarily invests in Seed round in Latvia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Tapaya A lot of funds co-invest with BADideas.fund, with names like FIRSTPICK sharing a substantial percentage of its portfolio. BADideas.fund has team of 46 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
BADideas.fund's List of Top Investments
BADideas.fund has a portfolio of 31 companies. Their most notable investments are in Room Price Genie and Leya AI.Their portfolio spans across Lithuania, Latvia, Estonia and 10 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 16 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by BADideas.fund:
Web based revenue management software for small hotels. It offers features such as algorithm based dynamic pricing, competitor benchmarking, account management, market analytics and BI, and more. It is available on a monthly subscription basis.
Key facts about Room Price Genie
- Founded Year: 2017
- Location: Zug (Switzerland)
- Stage: Series B
- Total Funding till date: $78.4M
- Employee Count: 160 as on May 31, 2026
- Investors: Mutschler Ventures, Zurcher Kantonalbank and 6 Others
- Latest Funding Round: Series B, Feb 18, 2025, $*****
- Highlight: Editors' Pick
AI powered digital identity platform that provides background information of individuals. It aggregates publicly available data to provide background information on individuals. The companys platform uses natural language processing and machine learning algorithms to analyze online data, offering insights on an individuals professional and personal life. With its advanced analytics and reporting features it helps businesses and professionals with information for informed decision making.
Key facts about WhiteBridge AI
- Founded Year: 2023
- Location: Vilnius (Lithuania)
- Stage: Seed
- Total Funding till date: $3.5M
- Employee Count: 25 as on May 31, 2026
- Investors: BADideas.fund, First Degree and 5 Others
- Latest Funding Round: Seed, Mar 13, 2026, $*****
3. Traxlo
Traxlo is a provider of store analysis solutions for businesses. The solution utilizes a number of sensors like location sensors, cameras with computer vision, and additional data inputs from cashiers and other sources to gather real-time performance data from the shop-floor through the dashboard. Its uses its proprietary sensor fusion technology which is able to digitalize retail store.
Key facts about Traxlo
- Founded Year: 2019
- Location: Stockholm (Sweden)
- Stage: Series A
- Total Funding till date: $3.03M
- Employee Count: 23 as on May 31, 2026
- Investors: BADideas.fund, Antler and 6 Others
- Latest Funding Round: Series A, Jun 19, 2025, $*****
- Highlight: Editors' Pick
4. Miros
Provider of AI-based product search software solutions for e-commerce businesses. It provides an AI-enabled wordless search tool that recognizes shoppers buying intent through browsing behavior and recommends products according to their preferences. It caters to industries like fashion, home decor, footwear, and furniture.
Key facts about Miros
- Founded Year: 2019
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $6.53M
- Employee Count: 59 as on May 31, 2026
- Investors: EBRD, Day One Capital and 6 Others
- Latest Funding Round: Seed, Nov 05, 2024, $*****
- Highlight: Editors' Pick
5. Fleetfox
FleetFox is a transportation company that specializes in providing full-stack fleet care services for B-category fleets, including compact cars and XLWB vans. They offer on-site and transfer services for car-sharing and parking in designated lots.
Key facts about Fleetfox
- Founded Year: 2017
- Location: Tallinn (Estonia)
- Annual Revenue: €0 - €1M as on Dec 31, 2022
- Stage: Seed
- Total Funding till date: $2.06M
- Employee Count: 42 as on May 31, 2026
- Investors: Superangel, Spring Capital and 3 Others
- Latest Funding Round: Seed, Nov 03, 2025, $*****
BADideas.fund's Year-on-Year Investment Trends
BADideas.fund has invested in 31 companies over the last 4 years, with an average of 7 new investments annually in the last 3 years. In 2025, it made 6 investments, while as of Apr 2026, it has made 5 investments in this year. Its most recent first time investment was in Tapaya and most recent follow-on round was in Tingit.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 6 | 0 | 6 |
2024 | 7 | 0 | 7 |
2023 | 6 | 0 | 6 |
2022 | 3 | 0 | 3 |
BADideas.fund's Investments by Stage
BADideas.fund has made 23 investments in Seed stage with an average round size of $1.34M and 3 investments in Series A stage with an average round size of $1.21M.Stage of entry | No. of Investments |
|---|---|
Seed | 23 |
Series A | 3 |
Note: We have considered here, only first round of investments
BADideas.fund's Investments by Sector
BADideas.fund has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and Retail. Notably, it has invested in 29 Tech companies, 24 Enterprise (B2B) companies, 20 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
Consumer | 7 |
High Tech | 6 |
FinTech | 5 |
Retail | 5 |
Others | 25 |
Note: We have considered here, only first round of investments
BADideas.fund's Investments by Geography
BADideas.fund has made most investments in Latvia (5), followed by Lithuania where it has made 5 investments.Country | No. of Investments |
|---|---|
Latvia | 5 |
Lithuania | 5 |
Estonia | 3 |
Ukraine | 2 |
United Kingdom | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
BADideas.fund's recent investments
BADideas.fund has made 5 investments in 2026 so far. Tapaya and Spotwise are the latest among them.Here are the most recent investments by BADideas.fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 28, 2026 | Czech Republic | Seed | 3421 | [+1] | |
Apr 01, 2026 | Latvia | Seed | 9947 | [+1] | |
Mar 13, 2026 | Lithuania | Seed | 1149 | [+5] | |
Feb 20, 2026 | Germany | Seed | 1225 | ||
Feb 10, 2026 | Lithuania | Seed | 5196 | [+4] |
Team profile of BADideas.fund
BADideas.fund has a team of 46 members including 5 Partners and 1 Principal located in Poland and Latvia. BADideas.fund's team does not sit on the board of any company as of now.Here is a list of top team members in BADideas.fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Latvia | - | - | |
Partner | Riga | - | ||
Partner | Warsaw | - | - | |
Partner | - | - | ||
Partner | Poland | - | - | |
Principal | - | - |
Co-investors of BADideas.fund
Over the past 4 years, 86 investors have co-invested in BADideas.fund's portfolio companies. This includes funds and angels.
- Invested before BADideas.fund: Founderful, Mutschler Ventures and 22 others have invested in rounds before BADideas.fund. There is 1 company where Founderful has invested before BADideas.fund and 1 company where Mutschler Ventures has invested before BADideas.fund.
- Top Co-investors of BADideas.fund: 54 investors entered a company along with BADideas.fund. These include investors like FIRSTPICK (5 companies).
- Invested after BADideas.fund: A total of 8 investors have invested in BADideas.fund's portfolio after their investments. Top Investors include Five Elms Capital (1 company), Ngl (1 company) and Heartfelt (1 company).
Recent News related to BADideas.fund
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Tapaya Raises €1M Pre-Seed Funding Led By Passion CapitalStartup Rise EU•Apr 28, 2026•BADideas.fund, DEPO Ventures, Passion Capital, Tapaya
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Vilnius-based WhiteBridge AI raises €2.6 million for its AI-powered people research engineEU-Startups•Mar 13, 2026•WhiteBridge AI, ScaleWolf, Ngl, FIRSTPICK and 4 others
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Polish startup Juo raises €4 million to help businesses build and manage physical-product subscriptionsEU-Startups•Nov 25, 2025•BADideas.fund, Juo, Market One Capital, SMOK Ventures and 6 others
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Pleso Therapy, a mental health app, attracts a $1.2 million investmentBiz Magazine•Jun 02, 2025•Pleso, BADideas.fund, TA Ventures
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Qminder Secures €3M Seed Funding to Revolutionize Service Flow ManagementSalesTech Star•Nov 20, 2024•Qminder, Practica Capital, Metaplanet, BADideas.fund
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Estonian Qminder secures €3M Seed for service delivery SaaSTech.eu•Nov 12, 2024•Qminder, BADideas.fund, Toggl, Veriff and 5 others
