Untitled Seed

The Untitled is a venture capital firm founded in 2010 and headquartered in Riga, Latvia, with additional offices in Moscow and London. The firm specializes in early-stage investments, including seed stage and growth capital for startups across diverse sectors, particularly focusing on retail performance, digital technologies, and new media. It primarily targets companies in Eastern Europe, including Russia, Belarus, and Ukraine, while also considering opportunities in Western Europe. The Untitled invests in projects that have a finished product or a working prototype, aiming for operational payback. Investment amounts typically range from $0.15 million to $2 million, depending on the stage and estimated value of the company, with stakes of 15% to 30%. The firm operates several investment programs, such as the Untitled Seed program and the U Growth program, which cater to various funding needs. Overall, The Untitled is committed to fostering innovation and supporting technology-driven enterprises in the region.

Mark Cowley

Managing Director

Ksenia Golubeva

Managing Director

Igor Lutz

Co-Founder and Partner

Konstantin Siniushin

Managing Partner

Konstantin Sinushin

Managing Partner

Past deals in Latvia

Naco

Seed Round in 2022
Naco builds a manufacturing station to provide its clients with ready-to-use coated parts for hydrogen production.

FIXAR

Pre Seed Round in 2018
FIXAR is a developer and manufacturer of integrated unmanned aerial solutions tailored for various industrial applications. The company focuses on providing autonomous aerial drones that address specific outdoor and indoor tasks, including aerial photography, laser scanning, real-time monitoring, delivery services, agriculture, and anti-drone measures, as well as inspections of confined spaces. FIXAR designs its products based on market demands, ensuring that they deliver enhanced efficiency and reliability compared to existing alternatives. By combining advanced flight performance with user-friendly software, FIXAR enables industrial operators to utilize drones effectively for a wide range of professional tasks at competitive costs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.