ZGI Capital is a private equity and venture capital firm based in Riga, Latvia, established in 2005. The firm specializes in investments across various stages, including seed/startup, early venture, and growth capital, with a particular focus on the Fintech sector. It primarily targets opportunities within the Baltics and CIS countries, investing amounts ranging from €0.5 million to €1 million, and potentially up to €5.7 million with additional financing. ZGI Capital typically takes minority stakes, holding up to 49% equity, and may also provide loans under certain circumstances. The firm's investment horizon spans three to six years, with exits achieved through the sale of stakes to other investors. ZGI Capital manages the "ZGI fund," which supports entrepreneurs in need of start-up capital and has a total asset pool of €7.4 million, allowing it to finance projects up to €30 million when combined with bank financing. The firm does not engage in sectors such as synthetic fiber manufacturing, transportation, agriculture, or retail trade.
Founded 3.5 years ago by a son of a successful farmer and an experienced software developer, now 61 people team with experience from Stripe, Heap Analytics, Transferwise and ZeroTurnaround. Farmers spend weeks on government reports, get fined for the slightest mistake and most commonly manage their farm with Excel or pen and paper. eAgronom reduces generating reports to a couple of clicks, advises farmers on how to get the most out of their fields and warns against legislative violations while gathering data to unlock data mining potential for a 350 000 B industry. There are no other players in the industry who focus only on grain farming. eAgronom grabbed 70% of Estonian market in 6 months, in 1.5 years has expanded to 5 countries in Europe and into Canada. Ca 3,6M € funding from seed-investors.
SIA KOOL Latvija owns and operates fuel retail stores. The company offers snacks and fuels. It also offers customer cards and business -to-business cards. SIA KOOL Latvija was founded in 2016 and is based in Riga, Latvia.
JSC Biotehniskais centrs an innovative Latvian company and we are designing and manufacturing laboratory and pilot scale bioreactors. JSC Biotehniskai bioreactors meet up-to-date requirements and includes innovative solutions. Model based control of feb-batch fermentation, as well as the use of novel of magnetic drive as an example. We test our new bioreactor solutions in our fermentations laboratory.
SIA Mobilly, founded in 2003 and based in Riga, Latvia, specializes in developing a mobile payment system that allows users to make and receive payments via their mobile phones. The company offers a variety of services, including payments for parking, public transportation tickets (bus and train), postal services, and food delivery, among others. Mobilly's platform supports transactions through SMS and online, enabling users to conveniently pay for goods and services with minimal effort. The system also allows for the topping up of various mobile accounts and facilitates donations, making it a versatile payment solution for everyday needs.
Banga is a canned food producer based in Roja, Latvia, specializing in fish processing. The company focuses on high-quality products sourced from the Baltic Sea, including various types of sprats, Baltic herring, and sardines. Banga offers a range of processed canned fish products, such as sprats in tomato sauce, sprats with chili, garlic, and paprika, among other related items.
PLG Medical SIA
Seed Round in 2016
PLG Medical SIA manufactures and markets medical equipment in Latvia.
UPRENT is a rental company specializing in pumping systems and related equipment, operating primarily in Eastern Europe. Founded in 2013 and headquartered in Riga, Latvia, the company offers a comprehensive range of services, including equipment rental, project scheduling, cost calculations, delivery, installation, and sales of various pumping systems. Its product offerings include well point dewatering pumps, sewage pumps, submersible pumps, and a variety of accessories, alongside trench shoring systems and power generators. UPRENT caters to diverse industries such as construction, agriculture, mining, and emergency services, addressing needs like sewage pumping, groundwater purification, and industrial reservoir cleaning. The company prioritizes customer satisfaction by maintaining open communication, actively addressing customer feedback, and tailoring services to meet specific requirements. With branches in Latvia, Lithuania, Estonia, and Poland, UPRENT aims to deliver efficient solutions that minimize energy costs and enhance operational effectiveness.
Creamware, SIA
Debt Financing in 2015
Creamware, SIA is a provider of Software Services.
A/S Marupes Metalmeistars, established in 1999 and located in Olaine, Latvia, specializes in the production of steel roofs and wall coverings. The company offers a comprehensive range of products essential for roof installation, including roofing systems, sewerage systems, round and profiled drain systems, as well as supplementary systems such as snow and safety barriers. Additionally, it provides various metal structures and constructive profiles tailored for the private sector, public and industrial buildings, hangars, multi-story car parks, and shopping centers.
"DARDEDZE HOLOGRAFIJA" amongst offset printersis one of the leading printing houses in Latvia. Company swiftly expanding company that employs more than 120 people. Additionally, we have fulfilled print orders from Latvia, Germany, The United Kingdom and Scandinavia, showing our commitment to international markets. "DARDEDZE HOLOGRAFIJA" was established in 1995 with the mission of manufacturing holograms, which help to secure documents and goods from attempted fraud.
SIA Baltic Dairy Board, established in 2008 and headquartered in Bauska, Latvia, specializes in the production and distribution of lactose and milk products. Initially focused on raw milk logistics and the distribution of various dairy products, the company expanded its operations in 2015 by opening a new factory dedicated to whey and milk protein production. This facility is recognized as one of the largest producers of milk and whey protein in Northern Europe, with an annual output of approximately 8,000 tons of protein powder.
Square Audio was founded in 2012 in Riga, Latvia to research, develop and manufacture non-conventional professional acoustic systems. Prior to the joining forces and creating own company, co-founders Viesturs Balodis (31) and Rolands Janevics (54) were involved in several audio industry related activities such as high end, home audio, car audio and professional acoustic systems design and building as well high end studio microphones, innovative measurement technologies promotion to the global market. After many years involved with the various audio related activities co-founders decided to devote all that gathered experience and knowledge to create and promote the products that are ones of the highest importance in music recording process. The first product created by the company by the end of 2014 is the active two-way reference grade studio monitors called Square One.
RUBBER PRODUCTS Ltd. is an innovative, environmentally-oriented company developing new technologies and products for rubber recycling and manufacturing industries. Rubber Products LTD team turns rubber recycling into a commercially viable and environmentally clean process. The company's innovative and experienced management team ensures sustainability and viability of the project.
SIA SCANDIVAC manufactures thermoforming machines and vacuum equipment for packing food products, medicines, pharmacy products, and industrial and consumer goods.
AFS is an expert company specializing in installation of walls for art fairs, auctions, museums and galleries. We also offer a wide range of supportive services and additional accessories. Our teams of dedicated craftsmen possess the state of the art equipment and latest technological knowhow in the field, and are guided by highly specialized and experienced management.
SIA Steel Constructor MM is a construction company operating in the Nordic region of Europe, specifically in Latvia, Sweden, Finland, and Norway. The company specializes in the design and construction of a wide range of projects, which include new residential buildings, reconstructed structures, industrial facilities, observation towers, shopping centers, and storage facilities. Through its comprehensive services, Steel Constructor MM addresses various construction needs, contributing to the development and modernization of the region's infrastructure.
Naco Technologies Ltd develops, manufactures, and supplies nano coating technologies to customers worldwide.
The company provides a range of high-performance multilayer and multicomponent coatings for equipment used in the tooling, automotive, aerospace, and micro-chip industries. Its products include oil-enhanced, wear-protective, thermal barrier, and liquid-repellent coatings.
Naco Technologies was founded in 2009 and is based in Riga, Latvia. In 2015 Naco Texhnologies was acquired by the Germany-based Schaeffler Group.
Stream Networks SIA is a telecommunications company based in Riga, Latvia, specializing in fixed and mobile data transmission services and Internet access for corporate clients in Latvia and the Russian Federation. Founded in 2007, the company serves over 600 clients, including banks and government institutions, by offering a range of services such as fiber optic and wireless Internet, IT infrastructure colocation, server rental, data transmission, and telephony services, including voice over Internet protocol. Additionally, Stream Networks provides data center services, encompassing cloud computing and virtualization, as well as IT infrastructure maintenance and professional helpdesk support. The company is a subsidiary of SIA BITE Latvija and continues to expand its offerings in response to growing market demands.
Stream Networks SIA is a telecommunications company based in Riga, Latvia, specializing in fixed and mobile data transmission services and Internet access for corporate clients in Latvia and the Russian Federation. Founded in 2007, the company serves over 600 clients, including banks and government institutions, by offering a range of services such as fiber optic and wireless Internet, IT infrastructure colocation, server rental, data transmission, and telephony services, including voice over Internet protocol. Additionally, Stream Networks provides data center services, encompassing cloud computing and virtualization, as well as IT infrastructure maintenance and professional helpdesk support. The company is a subsidiary of SIA BITE Latvija and continues to expand its offerings in response to growing market demands.
N.O.M. Coatings, SIA
Venture Round in 2008
N.O.M. Coatings, SIA is producing a human hair out of natural organic matter.
Lilita focuses on her experience, creative potential and expertise in creating glossy magazines of the highest quality. The exact balance between the interests of readers and advertisers, constant innovations in both the magazines and the processes around them and the corresponding investments in development characterizes Lilita as the leading glossy magazine publisher in Latvia.