Buildit VC, established in 2013 in Estonia, is a pioneering accelerator dedicated to supporting hardware and IoT startups. As the first hardware-focused accelerator in the Nordics, it has grown significantly over the years, receiving over 3,500 applications and supporting more than 100 startups from 18 different countries. The program spans four months and helps entrepreneurs refine their prototypes, navigate the market, and secure significant investments, with the capacity to invest up to €1.5 million in promising ventures. Buildit has already seen successful exits from its portfolio, reflecting its commitment to fostering innovation and entrepreneurship in the hardware sector. The organization is backed by the Altum Accelerator program, financed by the European Regional Fund, further enhancing its capability to empower startups in achieving their goals.
SUBmerge Baltic specializes in the development and operation of underwater robotic vehicles, specifically Remote Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs). The company's primary mission is to promote understanding and appreciation of the marine environment by providing high-quality, real-time underwater exploration and monitoring services. SUBmerge Baltic offers customized vehicles equipped with various sensors, enabling clients to perform a wide range of underwater tasks and observe the aquatic environment in real-time.
Cellbox Labs
Pre Seed Round in 2024
Cellbox Labs specializes in industrialized organ-on-chip technology, providing miniature organ replicas that facilitate preclinical testing in human-like environments. These innovative devices, designed with micro-physiological systems in mind, enable pharmaceutical companies to conduct tests that mimic human organ functions. By offering plug-and-play solutions, Cellbox Labs ensures that its devices can operate without the need for extensive input, streamlining the testing process. The company focuses on both concept generation and small-batch fabrication, utilizing advanced materials and technologies to meet functional specifications while ensuring scalability for manufacturing. This approach supports advancements in cancer diagnostics and enhances the efficiency of drug development.
SpirulinaNord
Seed Round in 2023
SpirulinaNord specializes in producing spirulina, a highly nutritious microalga known for its exceptional health benefits. The company offers protein-rich energy drinks and liquid supplements made from this superfood, which is rich in essential amino acids, vitamins, and natural antioxidants. SpirulinaNord’s products are designed to provide a long-term boost in energy and well-being while being low in fiber and easy to digest. By focusing on plant-based nutrition, SpirulinaNord enables individuals to enhance their health without the need for animal protein, making their offerings suitable for a wide range of dietary preferences.
Emotsy
Pre Seed Round in 2023
Emotsy is a technology company specializing in email marketing automation. It offers a user-friendly platform that leverages artificial intelligence to create personalized, real-time email campaigns. The platform enables businesses to automate campaign execution, segment their audience, and gain actionable insights through real-time analytics. By combining automation with a focus on emotional connection, Emotsy helps businesses enhance engagement and foster customer loyalty.
Nelinor
Grant in 2023
Nelinor specializes in smart energy monitoring solutions that cater to both renewable and non-renewable energy sources. The company manufactures home grid batteries that are designed to store cost-effective energy from the grid or solar production. These grid batteries seamlessly integrate with existing power grids, allowing users to store surplus energy during the day. This capability helps individuals, businesses, and communities reduce their energy bills by minimizing the need to purchase electricity during peak hours, while also contributing to the overall reduction of carbon emissions.
Codigy
Grant in 2023
Codigy is a developer of a collaboration platform tailored for software engineering teams. Its platform serves as a visual tool that helps identify and prioritize inefficiencies within codebases and collaboration processes, ultimately enhancing developer velocity and release cadence. Key features of the platform include module mapping, ownership mapping, a decoupling tool, an organizational chart, and git contributor mapping. By providing these tools, Codigy aims to streamline workflows and improve the overall efficiency of software development teams.
Cubed
Grant in 2023
Cubed is a two-sided marketplace where real-estate buyers can customize and order precisely what they want & real-estate developers can deliver buildings faster and cheaper with reduced risks. This is done by pre-selling properties on the platform and using standardized 3D projects built in off-site factories.
Adventum Tech
Grant in 2023
Adventum Tech is a technology company that develops hardware and software solutions for the construction, manufacturing, mobility, and energy sectors. Its core offering is a wireless real-time monitoring platform designed for construction industry applications. This platform comprises sensors that track critical parameters like load-bearing capacity, concrete curing, structural deformation, ground stability, vibration impact, and noise pollution. The data collected is transmitted in real-time, empowering construction professionals to bolster safety measures, streamline processes, mitigate risks, and enhance overall project efficiency.
Codigy
Seed Round in 2023
Codigy is a developer of a collaboration platform tailored for software engineering teams. Its platform serves as a visual tool that helps identify and prioritize inefficiencies within codebases and collaboration processes, ultimately enhancing developer velocity and release cadence. Key features of the platform include module mapping, ownership mapping, a decoupling tool, an organizational chart, and git contributor mapping. By providing these tools, Codigy aims to streamline workflows and improve the overall efficiency of software development teams.
Alternative Plants
Seed Round in 2022
Alternative Plants, SIA is a biotechnology start-up based in Riga, Latvia, founded in 2017. The company specializes in the development of active ingredients derived from plant stem cell cultures, focusing on medicinal plants that are rare, endangered, or difficult to cultivate. This innovative technology allows for the sustainable and consistent production of cosmetic ingredients, primarily targeting the anti-aging and skin whitening markets. Clients include cosmetic manufacturers that incorporate these plant stem cell-derived substances as key ingredients in their products. While the current emphasis is on the cosmetic sector, the company aims to expand its technology to other markets, including functional foods, medical devices, and pharmaceuticals.
Grindclaw
Pre Seed Round in 2022
Grindclaw specializes in the design and manufacture of ergonomic wrist support gloves specifically tailored for professional e-sports players. These gloves are engineered to prevent wrist injuries during gameplay, whether in competitive events or training sessions. Featuring a fingerless design, the gloves allow for unrestricted finger movement, while a breathable leather pad ensures optimal mouse grip. Additionally, the soft cotton pad with a natural leather cover enhances comfort, enabling gamers to enjoy pain-free and extended gaming sessions. Through their innovative approach, Grindclaw aims to promote both performance and health within the gaming community.
Naco
Venture Round in 2022
Naco Technologies Ltd, established in 2009 and headquartered in Riga, Latvia, specializes in the development, manufacturing, and supply of nano-coating technologies. The company offers a range of high-performance, multilayer and multicomponent coatings designed to enhance the durability and efficiency of equipment across various industries, including tooling, automotive, aerospace, and micro-chip manufacturing. These coatings, which include oil-enhanced, wear-protective, thermal barrier, and liquid-repellent varieties, are applied to client-supplied parts, creating ready-to-use coated components. In 2015, Naco Technologies was acquired by the Germany-based Schaeffler Group, further expanding its global reach and resources.
Naco
Seed Round in 2022
Naco Technologies Ltd, established in 2009 and headquartered in Riga, Latvia, specializes in the development, manufacturing, and supply of nano-coating technologies. The company offers a range of high-performance, multilayer and multicomponent coatings designed to enhance the durability and efficiency of equipment across various industries, including tooling, automotive, aerospace, and micro-chip manufacturing. These coatings, which include oil-enhanced, wear-protective, thermal barrier, and liquid-repellent varieties, are applied to client-supplied parts, creating ready-to-use coated components. In 2015, Naco Technologies was acquired by the Germany-based Schaeffler Group, further expanding its global reach and resources.
ForkNAV
Seed Round in 2021
ForkNAV specializes in providing automation software designed to enhance forklift operations within warehouse and manufacturing environments. The platform includes a comprehensive dashboard that visualizes operational data, enabling precise positioning of items and effective management of work orders. By offering analytics that streamline forklift usage, ForkNAV helps clients optimize their resource utilization and improve overall logistics efficiency.
undercover
Pre Seed Round in 2021
The First iPhone Privacy Case
Bercman
Seed Round in 2021
Bercman Technologies is a deep-tech company focused on creating innovative products and services aimed at enhancing smart cities and mobility-related applications. The company develops technologies that facilitate the communication between vehicles and their environments, thereby supporting the advancement of self-driving vehicles. Bercman offers a range of solutions designed to improve traffic management and public transportation, including Smart Pedestrian Crosswalks, Smart Mobility Hubs, Traffic Sensing with Vehicle-to-Everything (V2X) communication, and Smart Intersection Control. Targeting primarily the European market, Bercman leverages the shared regulatory framework of European Union Member States to deliver its cutting-edge solutions, which aim to transform urban mobility for diverse demographic groups, especially the young and elderly.
ForkNAV
Seed Round in 2021
ForkNAV specializes in providing automation software designed to enhance forklift operations within warehouse and manufacturing environments. The platform includes a comprehensive dashboard that visualizes operational data, enabling precise positioning of items and effective management of work orders. By offering analytics that streamline forklift usage, ForkNAV helps clients optimize their resource utilization and improve overall logistics efficiency.
CureAIR
Pre Seed Round in 2021
CureAIR is a developer of advanced air-cleaning and disinfecting systems designed to improve air quality in commercial and public indoor spaces. Recognizing that individuals spend up to 100% of their time indoors, often inhaling recirculated and contaminated air, the company offers a solution that goes beyond traditional methods. Their product utilizes artificial intelligence to monitor air quality and pollution levels, while featuring an easily replaceable cartridge system for efficient maintenance. This innovative approach allows users to effectively combat odors, harmful pollutants, and viruses, ensuring a healthier indoor environment. CureAIR's technology focuses on delivering the comprehensive air treatment needed to address the challenges of indoor air quality in a user-friendly format.
aptolux
Pre Seed Round in 2020
Aptolux is a start-up focused on developing innovative LED video light panels specifically designed for videographers. The company's modular lighting system addresses mobility challenges and adapts to various filming situations, making it a versatile choice for professionals in the field. Aptolux has gained recognition in both Europe and North America for its products, which include LED bulbs, tube lights, and panels that can be easily connected to share power and data. This capability allows users to create personalized lighting setups while reducing costs. The company has successfully completed a pre-order campaign and is currently in the manufacturing phase, having secured 143 thousand euros in pre-seed investments from a prominent hardware accelerator in the Baltics and a seasoned private investor.
SpirulinaNord
Pre Seed Round in 2020
SpirulinaNord specializes in producing spirulina, a highly nutritious microalga known for its exceptional health benefits. The company offers protein-rich energy drinks and liquid supplements made from this superfood, which is rich in essential amino acids, vitamins, and natural antioxidants. SpirulinaNord’s products are designed to provide a long-term boost in energy and well-being while being low in fiber and easy to digest. By focusing on plant-based nutrition, SpirulinaNord enables individuals to enhance their health without the need for animal protein, making their offerings suitable for a wide range of dietary preferences.
BeeSage
Pre Seed Round in 2020
Modular beehive monitoring system that boosts productivity and honey yield to benefit the Earth through data-driven beekeeping. Our software and hardware help beekeepers, farmers and conservation stakeholders mitigate risks and enable informed decisions.
Tracuz
Pre Seed Round in 2020
Tracuz focuses on transforming travel experiences by integrating technology into smart backpacks. The company recognizes that conventional travel gear has not evolved with modern needs, and thus it has developed a functional backpack that combines design with electronic intelligence. Key features include a Smart Navigation Strap for safe travel, automatic reminders to help users remember essential items, secure auto zip locks, and an integrated power bank for charging devices on the go. Additionally, the backpack offers a unique way for users to express their emotions while traveling. By addressing common travel challenges through innovative solutions, Tracuz aims to serve as a virtual travel assistant, enhancing the lifestyle of its customers.
ForkNAV
Pre Seed Round in 2020
ForkNAV specializes in providing automation software designed to enhance forklift operations within warehouse and manufacturing environments. The platform includes a comprehensive dashboard that visualizes operational data, enabling precise positioning of items and effective management of work orders. By offering analytics that streamline forklift usage, ForkNAV helps clients optimize their resource utilization and improve overall logistics efficiency.
PomaBrush
Pre Seed Round in 2020
PomaBrush is a premium silicone electric toothbrush.
Pulse & Fidelity
Pre Seed Round in 2020
Converting a good old pair of speakers to a wireless home entertainment hub.
xTimer
Pre Seed Round in 2019
xTimer is a company that provides a portable timekeeping system designed to enhance athletic training and performance measurement. Founded by two former track and field athletes, the company has developed a product that allows coaches and athletes to accurately measure time during workouts. By utilizing advanced technology, xTimer enables precise speed measurements through a mobile application, which captures timing data in real-time. This system not only streamlines the timekeeping process but also allows athletes to track their progress, get accustomed to starting commands, and engage in friendly competitions with training partners. With its innovative approach, xTimer aims to transform how athletes and coaches understand workout performance.
Winmill
Seed Round in 2019
Winmill is a robotics company based in Riga, Latvia, that specializes in developing training equipment for ice hockey. The company creates robotic platforms equipped with stereo cameras, which analyze players' positions, movements, and speeds during training sessions. These advanced robots can autonomously pass and shoot pucks, allowing coaches to effectively train hockey athletes and provide detailed feedback on their performance and progress. By integrating technology into training, Winmill aims to enhance the development of hockey players through innovative and efficient training solutions.
Bercman
Pre Seed Round in 2019
Bercman Technologies is a deep-tech company focused on creating innovative products and services aimed at enhancing smart cities and mobility-related applications. The company develops technologies that facilitate the communication between vehicles and their environments, thereby supporting the advancement of self-driving vehicles. Bercman offers a range of solutions designed to improve traffic management and public transportation, including Smart Pedestrian Crosswalks, Smart Mobility Hubs, Traffic Sensing with Vehicle-to-Everything (V2X) communication, and Smart Intersection Control. Targeting primarily the European market, Bercman leverages the shared regulatory framework of European Union Member States to deliver its cutting-edge solutions, which aim to transform urban mobility for diverse demographic groups, especially the young and elderly.
CastPrint
Pre Seed Round in 2019
CastPrint is a company focused on revolutionizing fracture treatment through the use of advanced 3D printing technology. By providing lightweight, waterproof, and comfortable casts, CastPrint enhances the patient experience and promotes an active recovery. These innovative casts not only improve patient comfort compared to traditional plaster options, which are often heavy and uncomfortable, but also integrate seamlessly into hospital workflows. This integration allows physicians to save approximately 15% of their time on each fracture case, thereby improving overall efficiency in treatment. CastPrint's approach not only prioritizes the physical well-being of patients but also aims to elevate the standard of care in orthopedic treatment.
AKO Trike
Venture Round in 2019
AKO Trike is focused on developing a high-end, all-electric three-wheeled vehicle that blends the characteristics of motorcycles and cars. Designed for two passengers, this innovative vehicle features a patented mechanical body leaning system that allows it to lean into curves, enhancing maneuverability and providing an exhilarating riding experience. By combining the thrill of motorcycle riding with the stability and comfort of a car, AKO Trike aims to redefine urban transportation. Its unique design and engineering cater to those seeking both fun and practicality in their daily commutes.
CastPrint
Pre Seed Round in 2019
CastPrint is a company focused on revolutionizing fracture treatment through the use of advanced 3D printing technology. By providing lightweight, waterproof, and comfortable casts, CastPrint enhances the patient experience and promotes an active recovery. These innovative casts not only improve patient comfort compared to traditional plaster options, which are often heavy and uncomfortable, but also integrate seamlessly into hospital workflows. This integration allows physicians to save approximately 15% of their time on each fracture case, thereby improving overall efficiency in treatment. CastPrint's approach not only prioritizes the physical well-being of patients but also aims to elevate the standard of care in orthopedic treatment.
asya.ai
Pre Seed Round in 2019
Our main service activities focuses on new software product prototyping, manufacturing industry, high tech R&D and creative mobile app development. We work with all aspects of software development and design, stretching from pre-market studies through ideation to surface design, concept engineering and realization of the end product. Pitch Patterns analyze sales and customer service calls, detect emotion tone of voice, biometric verification, content, and automatically detect problematic calls. Instead of listening calls randomly from 10k we give top 10 to listen and improve.
Torq Labs
Pre Seed Round in 2018
Torq Labs is a sports technology company based in the USA and the EU that focuses on multi-sensor wearable technology aimed at enhancing athlete safety and performance. The company develops lightweight, wireless smart clothing equipped with up to ten inertial measurement unit (IMU) sensors, which collect and analyze data on athlete performance, rehabilitation progress, and stability during strength training. By utilizing a non-invasive motion capture system, Torq Labs seeks to minimize the risk of common non-impact injuries and optimize rehabilitation processes for athletes. Their technology is designed to connect seamlessly with mobile and web applications, allowing users to access analysis results and improve fitness outcomes. Through its innovative solutions, Torq Labs is positioned to serve the elite sports, strength training, and rehabilitation sectors.
Winmill
Pre Seed Round in 2018
Winmill is a robotics company based in Riga, Latvia, that specializes in developing training equipment for ice hockey. The company creates robotic platforms equipped with stereo cameras, which analyze players' positions, movements, and speeds during training sessions. These advanced robots can autonomously pass and shoot pucks, allowing coaches to effectively train hockey athletes and provide detailed feedback on their performance and progress. By integrating technology into training, Winmill aims to enhance the development of hockey players through innovative and efficient training solutions.
Lastbit
Seed Round in 2018
Lastbit SIA, founded in 2018 and based in Riga, Latvia, operates in the cryptocurrency sector by providing bitcoin wallet and debit card services. The company is developing a global payment network that utilizes the Bitcoin Lightning Network, allowing users to make instant payments with low fees. Its minimum viable product in Europe includes mobile applications that offer debit cards and IBANs, facilitating transactions in both Bitcoin and Euros. Additionally, Lastbit offers Lastbit Go, which enables users to make daily purchases using cryptocurrency.
FertereX
Pre Seed Round in 2018
FertereX is a provider of therapeutic devices designed to assist couples facing infertility. The company specializes in home treatment solutions that aim to enhance fertility and libido in men. By utilizing photobiomodulation therapy (PBMT) technologies, FertereX's products help improve sperm quality and increase testosterone levels, thereby enabling couples to achieve pregnancy while reducing the financial burden of traditional treatment methods.
Alternative Plants
Pre Seed Round in 2018
Alternative Plants, SIA is a biotechnology start-up based in Riga, Latvia, founded in 2017. The company specializes in the development of active ingredients derived from plant stem cell cultures, focusing on medicinal plants that are rare, endangered, or difficult to cultivate. This innovative technology allows for the sustainable and consistent production of cosmetic ingredients, primarily targeting the anti-aging and skin whitening markets. Clients include cosmetic manufacturers that incorporate these plant stem cell-derived substances as key ingredients in their products. While the current emphasis is on the cosmetic sector, the company aims to expand its technology to other markets, including functional foods, medical devices, and pharmaceuticals.
asya.ai
Pre Seed Round in 2018
Our main service activities focuses on new software product prototyping, manufacturing industry, high tech R&D and creative mobile app development. We work with all aspects of software development and design, stretching from pre-market studies through ideation to surface design, concept engineering and realization of the end product. Pitch Patterns analyze sales and customer service calls, detect emotion tone of voice, biometric verification, content, and automatically detect problematic calls. Instead of listening calls randomly from 10k we give top 10 to listen and improve.
Traxby
Pre Seed Round in 2016
Traxby OÜ, founded in 2013 and based in Estonia, specializes in developing real-time tracking platforms and manufacturing tracking devices. The company offers a range of solutions tailored for specific needs, including the Huntloc platform for hunters, the LiveTeam platform for team management, and the Doglo app for dog tracking. Traxby has also created a robust GPS-GSM tracking device designed primarily for dogs, characterized by its long battery life, durability, and water resistance, allowing for tracking without distance limitations. The company's products aim to enhance the efficiency and safety of hunting activities by facilitating the collection, sharing, and management of hunting-related information in real time.
Toona
Seed Round in 2015
Toona is a business focused on promoting health and wellness through innovative breathing techniques and advanced AI technology. It offers a unique breathing sensing belt that incorporates gamification to teach diaphragmatic breathing methods, helping users manage stress and lower high blood pressure. Initial trial data suggests that users with stage 1 hypertension can significantly reduce their blood pressure and resting heart rate within just seven days. Additionally, Toona provides AI-driven solutions for enhancing video and manga content, including video upscaling, frame interpolation, and colorization. These tools allow users to improve the quality of anime and manga, transforming standard content into high-resolution, vibrant experiences. Through its combined focus on health and media enhancement, Toona aims to deliver engaging and effective solutions for both personal well-being and entertainment.
Solu
Seed Round in 2015
Solu is a Finnish company focused on transforming its industry through innovative technology and a distinctive approach. The organization is led by a team of accomplished founders, advisors, and shareholders, many of whom are recognized figures in the business landscape of Finland, having previously established successful enterprises. Solu's ambition is to redefine industry standards and practices, positioning itself as a key player in the evolving market.
Traxby
Pre Seed Round in 2015
Traxby OÜ, founded in 2013 and based in Estonia, specializes in developing real-time tracking platforms and manufacturing tracking devices. The company offers a range of solutions tailored for specific needs, including the Huntloc platform for hunters, the LiveTeam platform for team management, and the Doglo app for dog tracking. Traxby has also created a robust GPS-GSM tracking device designed primarily for dogs, characterized by its long battery life, durability, and water resistance, allowing for tracking without distance limitations. The company's products aim to enhance the efficiency and safety of hunting activities by facilitating the collection, sharing, and management of hunting-related information in real time.
Traxby
Pre Seed Round in 2014
Traxby OÜ, founded in 2013 and based in Estonia, specializes in developing real-time tracking platforms and manufacturing tracking devices. The company offers a range of solutions tailored for specific needs, including the Huntloc platform for hunters, the LiveTeam platform for team management, and the Doglo app for dog tracking. Traxby has also created a robust GPS-GSM tracking device designed primarily for dogs, characterized by its long battery life, durability, and water resistance, allowing for tracking without distance limitations. The company's products aim to enhance the efficiency and safety of hunting activities by facilitating the collection, sharing, and management of hunting-related information in real time.
FlipFlic
Seed Round in 2014
FlipFlic turns those boring old window blinds into a fully functioning member of your smart home while lowering energy bills and optimizing sunlight and privacy. Their mission is to embed technology in things they use everyday by inventing small devices that allow for effortless upgrade. They believe that great products are built with a clear purpose.
KÖÖK
Seed Round in 2014
KÖÖK is an Estonian company that specializes in designing and manufacturing high-tech electric peelers for home users. Its patented electric peeler is capable of peeling a variety of fruits and vegetables efficiently by contouring to their shapes, allowing for minimal waste. The device is designed to be up to six times faster than traditional manual peeling methods, providing a comfortable and user-friendly experience. KÖÖK aims to alleviate one of the most time-consuming tasks in home cooking, making food preparation easier and more efficient for families. The company emphasizes safety, lightweight design, and ease of cleaning in its product offerings, providing a modern solution for everyday cooking challenges.
Traxby
Pre Seed Round in 2014
Traxby OÜ, founded in 2013 and based in Estonia, specializes in developing real-time tracking platforms and manufacturing tracking devices. The company offers a range of solutions tailored for specific needs, including the Huntloc platform for hunters, the LiveTeam platform for team management, and the Doglo app for dog tracking. Traxby has also created a robust GPS-GSM tracking device designed primarily for dogs, characterized by its long battery life, durability, and water resistance, allowing for tracking without distance limitations. The company's products aim to enhance the efficiency and safety of hunting activities by facilitating the collection, sharing, and management of hunting-related information in real time.
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