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Labs Of Latvia

@labsoflatvia

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Platform providing information from and about innovations, technologies and startups in Latvia. Check our site & be inspired by stories of Latvian companies.

Riga, Latvia
Joined October 2014
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@labsoflatvia
Labs Of Latvia
3 hours
Coelius Capital is a venture capital firm, founded and managed by @zachcoelius. Zach operates it himself. What are the qualities he values the most in founders? What differentiates a great idea from a simply good one? .
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Coelius Capital is a venture capital firm, founded and managed by Zach Coelius, an experienced entrepreneur-turned-investor. It's notable for being a "solo General Partner" fund, meaning Zach...
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@labsoflatvia
Labs Of Latvia
2 days
🇱🇻 THEO Growth is a startup that helps companies maximize their AI usage by refining their unique business context into an AI-ready format. We spoke to the founder and CEO Guntis Coders about the €430 000 pre-seed funding THEO Growth recently secured:.
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THEO Growth is a startup that helps companies maximize their AI usage by refining their unique business context into an "AI-ready" format.
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@labsoflatvia
Labs Of Latvia
3 days
🇱🇻 Latvia has become one of the most generous European countries in supporting space startup incubation, allocating €1.2 million in grant funding to foster business development. #startinlatvia #startinlv #spaceindustry #startups #incubation.
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Latvia has become one of the most generous European countries in supporting space startup incubation, allocating €1.2 million in grant funding to foster business development.
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@labsoflatvia
Labs Of Latvia
6 days
By November 2029, Latvia plans to establish a modern, competitive, secure, and internationally collaborative digital research infrastructure connected to the European Open Science Cloud: .
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By November 2029, Latvia plans to establish a modern, competitive, secure, and internationally collaborative digital research infrastructure connected to the European Open Science Cloud (EOSC). The...
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@labsoflatvia
Labs Of Latvia
7 days
🇱🇻 Latvian sport-tech startup Tournated has successfully closed a $750,000 strategic funding round. The company has developed a solution that allows anyone to launch their own sports management platform.
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Latvian sport-tech startup Tournated has successfully closed a $750,000 strategic funding round, marking a major step toward its mission of becoming the global leader in sports digitalisation.
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@labsoflatvia
Labs Of Latvia
8 days
RT @LIAALatvija: 😎 Vai Tava ideja ir 10 000 EUR vērta?.Uzzini to Ideju kauss 2025 konkursā - piesakies no 29. augusta līdz 19. septembrim!….
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@labsoflatvia
Labs Of Latvia
8 days
🇱🇻 Funding raised by Latvian startups during the first half of 2025 has increased by more than 700% compared to the same period a year earlier. The total investment volume reached €70.1 million.
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Funding raised by Latvian startups during the first half of 2025 has increased by more than 700% compared to the same period a year earlier. The total investment volume reached €70.1 million, already...
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@labsoflatvia
Labs Of Latvia
10 days
🇱🇻 The startup @AbillioLatvia, which simplifies life for freelancers and the companies that use their services, saw its revenue grow by 45% in 2024, reaching €282,800. The company’s profit rose by 29%, reaching €82,710 last year.
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The company plans to exceed €340,000 in revenue this year. Its long-term goal is to become the top choice for freelancers who offer services in various countries—especially in regions with complex...
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@labsoflatvia
Labs Of Latvia
14 days
🇱🇻 A new artificial intelligence solution called BookGenie has been developed in Latvia, which significantly simplifies the creation of game and activity books. ☝ The tool was created through Latvia’s startup education programme StartSchool.
labsoflatvia.com
This tool enables authors to design a professional, personalised book layout—a process that previously took hours or even days—in under five minutes. These books can then be published and sold on...
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@labsoflatvia
Labs Of Latvia
15 days
🇱🇻 The first businesses in Latvia have paid their share capital using crypto assets under new regulations that came into force this year 👇.
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In June, the first businesses in Latvia paid their share capital using crypto assets under new regulations that came into force this year.
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@labsoflatvia
Labs Of Latvia
20 days
PurposeTech is a pre-seed and angel fund with a unique focus on climate, health, and the future of work. The fund is actively seeking its first Latvian investment 👇.
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PurposeTech is a pre-seed and angel fund with a unique focus on three specific verticals within the Central and Eastern European (CEE) region: climate, health, and the future of work. 
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@labsoflatvia
Labs Of Latvia
22 days
🇱🇻 While traditional investment tends to favor software startups, Anna Vildaus, Operations Lead at London-based venture firm Wilbe believes that scientist founders with strong ambition have a significant role to play in shaping the future 👇.
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While traditional investment tends to favor software startups, Anna Vildaus, Operations Lead at London-based venture firm Wilbe, believes that scientist founders with strong ambition have a signifi...
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@labsoflatvia
Labs Of Latvia
23 days
🇱🇻 The sports technology startup HackMotion saw its revenue grow by 160%, reaching €7.3 million in 2024. Meanwhile, the company’s profit increased by 476%, reaching €2.2 million, according to Startup Radar Latvia. #startinlatvia #startinlv.
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The sports technology startup HackMotion saw its revenue grow by 160%, reaching €7.3 million in 2024. Meanwhile, the company’s profit increased by 476%, reaching €2.2 million, according to Startup...
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@labsoflatvia
Labs Of Latvia
27 days
🇱🇻 Some years are quieter than others, but 2025 is shaping up to be one for the books. Take a look at the big moves that are laying the groundwork for an even more successful H2 👇.
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Some years are quieter than others, but 2025 is shaping up to be one for the books. Take a look at the big moves that are laying the groundwork for an even more successful H2.
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@labsoflatvia
Labs Of Latvia
29 days
🇱🇻 Biotech startup Cellbox Labs has secured €3.3 million in funding for the continued development of its product portfolio. Cellbox Labs is developing organ-on-a-chip systems that can help pharmaceutical companies test new drugs more efficiently. 👏.
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Biotech startup Cellbox Labs has secured €3.3 million in funding for continued development of its product portfolio. Part of this funding comes from state support under the Important Projects of...
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@labsoflatvia
Labs Of Latvia
30 days
🤩 In just 18 months, @StartupHouse_LV in Spīķeri has become too small for the growing startup community. 🍔 There are rumours that official opening of the 2nd house is going to happen during Startup BBQ party on August 21. Stay tuned! 🙌.
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In just 18 months, Startup House Riga in Spīķeri has become too small for the growing startup community. This autumn, some startups that have expanded their teams will move to new office space.
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@labsoflatvia
Labs Of Latvia
1 month
🤖 State of AI in the Baltics 👇 . 🇱🇻 Latvia has 67 AI companies, with a diverse mix across various categories. Estonia leads with 76 AI companies, many of which are companies for whom AI is the Product and are AI-enabled. Lithuania has 41 AI companies:.
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Latvia has 67 AI companies and a wid mix across categories, shows research about companies based in the Baltic states that offer AI-powered products and services made by Venture Faculty together with...
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@labsoflatvia
Labs Of Latvia
4 months
🏥 Laura Lokmane, the creator of the Hospilly concept, is working on a tool that optimises communication between medical staff and patients by reducing the burden of routine tasks and improving the overall patient experience. Read her story here 👇.
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Hospilly is much more than a simple quick-reply tool. It is a comprehensive assistant for hospitals that structures information, enhances care efficiency, reduces the load of routine tasks, and...
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@labsoflatvia
Labs Of Latvia
4 months
ChatGPT is now used by more than 78% of companies in Latvia, surpassing the global average of 76%, according to a study by @desktime, a subsidiary of the @DraugiemGroup. #chatgpt #ai.
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ChatGPT is now used by more than 78% of companies in Latvia, surpassing the global average of 76%, according to a study by DeskTime, a subsidiary of the Draugiem Group.
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@labsoflatvia
Labs Of Latvia
4 months
Does artificial intelligence (AI) have a place in preschool? 🤔. Although many teachers have concerns about AI use, it is important to understand that instead of being a threat, AI is actually a tool:.
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Although many teachers have concerns about its use, it is important to understand that instead of being a threat, artificial intelligence is actually a tool that can enhance teachers’ work and allow...
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