Riga-based VC Outlast Fund has launched a new fund to support startups across the Baltics and Nordics.

Latvian-founded fintech startup Finfra has raised $2.5 million in funding, led by Cento Ventures and supported by Accion Venture Lab, Z Venture Capital, Matiss Ansviesulis, Hustle Fund, and FIRSTPICK.

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.