Latvian biomedical startup PrintyMed has secured over €800,000 in grant funding to create a heart valve prosthesis and a membrane for cell binding, using artificial spider silk printing technology.
Riga-based defence tech startup Origin has secured €4 million in a pre-seed funding round to develop cost-effective, drone-launched precision-guided weapon systems.
Riga-based investment platform Mintos has raised €2 million in debt funding from FlyCap to support continued growth.
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.