Imprimatur Capital

Sonarworks Ltd. is a deep-tech audio company based in Riga, Latvia, founded in 2012. The company specializes in developing and licensing sound calibration software that enhances audio quality for both professionals and consumers. Its flagship products include Reference 4, which is available in studio and headphone editions, and True-Fi, designed for everyday listeners. These tools utilize advanced SoundID technology to measure and digitally tune sound devices to individual hearing preferences, ensuring a personalized listening experience. Sonarworks' software is widely adopted in professional recording studios and by audio engineers, as it effectively eliminates noise shortcomings in speakers and headphones, allowing users to enjoy music as intended by the artists. The software is accessible online and through dealers in Latvia and internationally.

Orocon is a developer of specialized construction site management software aimed at enhancing operational efficiency for construction companies and real estate developers. The platform offers a comprehensive dashboard that consolidates project information, facilitating online planning, scheduling, and financial management. Additionally, it includes communication tools to streamline coordination across a network of subcontractors and stakeholders. With a successful proof of concept completed in Latvia, Orocon is experiencing increasing demand for demonstrations from other European countries as it prepares to expand its market reach. The company's focus is on helping clients manage their construction projects effectively, ultimately driving profitability and growth.

AirBoard LLC, founded in 2015 and headquartered in Liepaja, Latvia, is focused on revolutionizing the agricultural technology sector through the development of advanced drones. The company is creating a powerful AgTech drone weighing 220 pounds, targeting the automated aerial pesticide spraying market, valued at $25.5 billion. AirBoard's team includes leading experts in drone racing, electric vehicle technology, and agriculture, who have collaboratively engineered a solution that reduces pesticide usage by 70%. The company has established agreements with clients to replace traditional helicopter spraying methods and is currently conducting pilot tests in vineyards across Europe.

Sonarworks Ltd. is a deep-tech audio company based in Riga, Latvia, founded in 2012. The company specializes in developing and licensing sound calibration software that enhances audio quality for both professionals and consumers. Its flagship products include Reference 4, which is available in studio and headphone editions, and True-Fi, designed for everyday listeners. These tools utilize advanced SoundID technology to measure and digitally tune sound devices to individual hearing preferences, ensuring a personalized listening experience. Sonarworks' software is widely adopted in professional recording studios and by audio engineers, as it effectively eliminates noise shortcomings in speakers and headphones, allowing users to enjoy music as intended by the artists. The software is accessible online and through dealers in Latvia and internationally.

ZoomCharts is a company based in Riga, Latvia, founded in 2013, that specializes in advanced data visualization solutions. The company develops software that enables users to create complex and interactive visualizations with minimal input, making data exploration more efficient. Its cross-platform software integrates features such as content drill-down and multi-touch capabilities, allowing clients to generate dynamic interactive graphs optimized for touch-screen devices and web applications. ZoomCharts aims to enhance end-user efficiency in data discovery, providing businesses with cost-effective tools to visualize and analyze their data effectively.

Boston Neurosciences is a medical device company specializing in neurodiagnostics. Founded in 2013 and headquartered in Waltham, Massachusetts, with additional offices in Kaunas, Lithuania, the company focuses on developing ultrasound-based devices for non-invasive measurement of intracranial pressure (ICP) and related neurological parameters. Their flagship product, BNS ICP 3, utilizes ultrasound Doppler technology to provide real-time, non-invasive ICP measurements. This technology has been clinically tested and validated in leading neuro centers across Europe and the United States, offering a safer and more efficient diagnostic method for conditions such as traumatic brain injury, concussion, hydrocephalus, stroke, and brain tumors.

Fabula is an ebook subscription service that allows users to access a wide range of titles on mobile devices. Launched in 2014, the company operates from Riga, Latvia, and Helsinki, Finland. Fabula's platform is designed to help readers discover trending books within their interests or social circles, while also providing personalized content tailored to individual preferences. Users can choose from a growing catalog of ebooks available for purchase, rent, or subscription, thereby enhancing their reading experience and encouraging greater engagement with literature.

Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.

Maintenel Automation LLC is a company based in Riga, Latvia, established in 2013, specializing in the development and marketing of a cloud-based platform and software solutions aimed at reducing operational and maintenance costs for off-highway vehicles, industrial equipment, and infrastructure. The company's innovative devices measure the workload of heavy equipment by tracking the time spent in various operational modes. This data enables the platform to provide timely maintenance warnings and facilitates detailed labor analysis. By leveraging predictive maintenance features, Maintenel Automation's solutions can significantly lower repair expenses, achieving reductions in operating costs by up to three times, and in some cases, more than ten times, particularly when supported by effective workload monitoring.

ZoomCharts is a company based in Riga, Latvia, founded in 2013, that specializes in advanced data visualization solutions. The company develops software that enables users to create complex and interactive visualizations with minimal input, making data exploration more efficient. Its cross-platform software integrates features such as content drill-down and multi-touch capabilities, allowing clients to generate dynamic interactive graphs optimized for touch-screen devices and web applications. ZoomCharts aims to enhance end-user efficiency in data discovery, providing businesses with cost-effective tools to visualize and analyze their data effectively.

Briefly, UOT is a global joint venture formed to develop and manufacture Underwater Optical Communications devices and other optical systems for the oil and gas industry. It brings together, two experienced and specialized research teams, that of Lores Technologies of San Diego, USA, and Eventech of Riga Latvia. Their technical people are supported by a strong core management team with unique experience in managing multinational, cross border research and development efforts. (Take a look at their “Getting to know us” page for further background).

Koatum is a med-tech startup established in 2014 in Riga, Latvia, focused on innovating medical implant technology. The company specializes in developing advanced coating solutions for dental and orthopedic implants, aimed at enhancing patient outcomes. By improving the bio-integration of implants, Koatum's technology seeks to make medical procedures safer and more efficient, ultimately reducing the risks of rejection and inflammation. Their approach involves modifying the surface morphology of implants and applying multi-layer coatings, which significantly increases the potential for faster healing and smoother recovery processes for patients. As the demand for safer and more effective medical implants grows, Koatum strives to lead in this evolving industry.

Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.

Fabula is an ebook subscription service that allows users to access a wide range of titles on mobile devices. Launched in 2014, the company operates from Riga, Latvia, and Helsinki, Finland. Fabula's platform is designed to help readers discover trending books within their interests or social circles, while also providing personalized content tailored to individual preferences. Users can choose from a growing catalog of ebooks available for purchase, rent, or subscription, thereby enhancing their reading experience and encouraging greater engagement with literature.

MightyFingers is a game development company based in Riga, Latvia, founded in 2011. It specializes in creating a hypertext markup language 5 (HTML5) and JavaScript-based game engine designed for developing two-dimensional and isometric online games for both desktop and mobile platforms. The engine provides an array of features that facilitate game creation, including asset management, a map editor, a physics engine, a code editor, and support for Android export. Additionally, it offers tools for animation, game hosting, and data export, allowing users to create and publish games quickly and efficiently. With its open-source and web-based framework, MightyFingers aims to streamline the game development process for creators.

Sonarworks Ltd. is a deep-tech audio company based in Riga, Latvia, founded in 2012. The company specializes in developing and licensing sound calibration software that enhances audio quality for both professionals and consumers. Its flagship products include Reference 4, which is available in studio and headphone editions, and True-Fi, designed for everyday listeners. These tools utilize advanced SoundID technology to measure and digitally tune sound devices to individual hearing preferences, ensuring a personalized listening experience. Sonarworks' software is widely adopted in professional recording studios and by audio engineers, as it effectively eliminates noise shortcomings in speakers and headphones, allowing users to enjoy music as intended by the artists. The software is accessible online and through dealers in Latvia and internationally.

NeoZeo AB is a Swedish company specializing in the development of biogas upgrading equipment aimed at producing biomethane from raw biogas generated on farms and from municipal waste. Founded in 2010 as a spin-off from Stockholm University’s Arrhenius laboratory, NeoZeo leverages extensive research in materials chemistry to offer innovative solutions for gas separation, particularly in the context of carbon dioxide and methane separation. The company has developed unique zeolite adsorbents and continues to invest in research and development to enhance the performance of its technologies. In addition to its biogas systems, NeoZeo provides consulting services focused on gas separation, nanoparticles, and material processing. With operations in Stockholm, Sweden, and an additional office in Riga, Latvia, NeoZeo serves both local and international markets, catering to the needs of farms and municipalities.

"LED Chemicals" is a company active in development and production of novel phosphors for LED applications. They produce yellow, green, orange and red phosphors tailored to individual customers’ requests. Innovative approach to development and production of inorganic materials based on long-term fundamental research allows them to offer LED phosphors with better characteristics at competitive prices. Specific approach of "LED Chemicals" to particular customer’s needs helps LED manufacturers to improve their LEDs production due to integrating customer-tailored "LED Chemicals" phosphors and phosphor compositions. Their head office and main production facilities are located in Riga, capital of Republic of Latvia, member of EU. Such location ensures fast and easy shipments of phosphor to customers in European countries, as well as to all other destinations worldwide by fast and economical air delivery service

It is an honor for me to have been asked to introduce Aminostream, a Joint Venture legacy project of the International Science and Technology Center (ISTC). The ISTC, an International Treaty Organization funded by the EU and the Governments of the USA, Canada and Japan, has during the past 15 years invested over 800 million dollars to support scientists and their research in the States of the former USSR. Aminostream is one of our success stories, and has as its origin, the Scientific Research Institute of Biotechnology of the Republic of Armenia, founded in 1971, the Institute became the Lead organization for biotechnology research and production of high-purity amino acids for the medical and food industries for the entire USSR. While ISTC support for the Institute goes back over a decade, for the past five years, we have focused on making the Institute a sustainable commercial producer of non-protein amino acids. The Institute has surpassed our expectations and have developed systems and practices that combined make them an extremely cost efficient and flexible producer. Based upon this success we have encouraged them to "commercialize" their activities, and in response the Institute has created Aminostream, incorporated in the EU (Latvia) it is a completely independent producer with the Institute as a major shareholder. As I mentioned at the beginning, Aminostream is one of the ISTC success stories, it is on its own, competing in the world market place. It is an example of the successful marriage of different players all supporting science and innovation. It is what Globalization can and should be. In the end, however, its future depends on its ability to compete and survive in the market place. I urge you to test this and challenge them to perform. This is the only test that really matters, and I am sure they will meet any and all of your expectations.

Maintenel Automation LLC is a company based in Riga, Latvia, established in 2013, specializing in the development and marketing of a cloud-based platform and software solutions aimed at reducing operational and maintenance costs for off-highway vehicles, industrial equipment, and infrastructure. The company's innovative devices measure the workload of heavy equipment by tracking the time spent in various operational modes. This data enables the platform to provide timely maintenance warnings and facilitates detailed labor analysis. By leveraging predictive maintenance features, Maintenel Automation's solutions can significantly lower repair expenses, achieving reductions in operating costs by up to three times, and in some cases, more than ten times, particularly when supported by effective workload monitoring.

Fabula is an ebook subscription service that allows users to access a wide range of titles on mobile devices. Launched in 2014, the company operates from Riga, Latvia, and Helsinki, Finland. Fabula's platform is designed to help readers discover trending books within their interests or social circles, while also providing personalized content tailored to individual preferences. Users can choose from a growing catalog of ebooks available for purchase, rent, or subscription, thereby enhancing their reading experience and encouraging greater engagement with literature.

NanoOptoMetrics Ltd. is a European company specializing in the development of advanced metrology instruments utilizing patented white light optical interferometry technology. Founded in 2013 and headquartered in Riga, Latvia, the company offers a non-contact profilometer capable of measuring the roughness and optical form of various surfaces with precision up to 1nm. This instrument features a 100mm field of view without the need for stitching and incorporates a vibration resistance algorithm, making it suitable for high-tech manufacturing sectors such as semiconductors, data storage, and optoelectronics. With a commitment to innovation, NanoOptoMetrics aims to enhance inspection and control processes in precision-driven industries.

MaxTraffic, founded by Kristaps Mors in 2012 and based in Riga, Latvia, provides an online tool designed to enhance website visitor behavior and boost conversions. The platform analyzes visitor interactions on a client's website, tracking mouse movements and velocity to anticipate when a visitor intends to leave. Upon detecting such intentions, the tool immediately displays targeted offers or advertisements to retain visitors. MaxTraffic’s unique technology, BounceBack, specifically targets visitors who attempt to leave using the “Back” button, often those who arrived via search engines. Additionally, the platform allows for on-site targeting, enabling businesses to engage specific visitor segments with tailored offers based on criteria such as first-time visits or geographic location. This comprehensive approach aims to convert potential departures into customer acquisitions and increase overall revenue.

ZoomCharts is a company based in Riga, Latvia, founded in 2013, that specializes in advanced data visualization solutions. The company develops software that enables users to create complex and interactive visualizations with minimal input, making data exploration more efficient. Its cross-platform software integrates features such as content drill-down and multi-touch capabilities, allowing clients to generate dynamic interactive graphs optimized for touch-screen devices and web applications. ZoomCharts aims to enhance end-user efficiency in data discovery, providing businesses with cost-effective tools to visualize and analyze their data effectively.

Blue Bridge Technologies, established in 2007 in Latvia, specializes in developing and implementing IT solutions for business process modernization and service accessibility within the healthcare sector. The company's core product is a SaaS platform that connects healthcare payers, providers, and patients, offering tools such as practice management systems, real-time claims processing, and patient portals with telehealth services. This platform aims to streamline healthcare delivery, facilitate insurance reimbursement, and enhance patient care coordination.

Spatial Initiatives is a company based in Riga, Latvia, specializing in innovative laser- and lidar-based measuring technologies for engineering and geomatics applications. Founded in 2013, the firm provides a range of consulting services, including organizational analysis, business coaching, operations management, and fundraising strategies. Additionally, Spatial Initiatives offers expertise in geomatics, remote sensing, and 3D laser scanning and imaging services, helping businesses develop effective strategies tailored to their specific needs. Through its advanced technological solutions and consulting capabilities, Spatial Initiatives supports organizations in optimizing their operations and enhancing their decision-making processes.

NeoZeo AB is a Swedish company specializing in the development of biogas upgrading equipment aimed at producing biomethane from raw biogas generated on farms and from municipal waste. Founded in 2010 as a spin-off from Stockholm University’s Arrhenius laboratory, NeoZeo leverages extensive research in materials chemistry to offer innovative solutions for gas separation, particularly in the context of carbon dioxide and methane separation. The company has developed unique zeolite adsorbents and continues to invest in research and development to enhance the performance of its technologies. In addition to its biogas systems, NeoZeo provides consulting services focused on gas separation, nanoparticles, and material processing. With operations in Stockholm, Sweden, and an additional office in Riga, Latvia, NeoZeo serves both local and international markets, catering to the needs of farms and municipalities.

Advanced Vector Analytics SIA, founded in 2012 and based in Riga, Latvia, specializes in the development of innovative solutions for the measurement and interpretation of vibrations in mechanical systems. The company has pioneered a 4D vibration measurement technology that enhances the safety of critical systems across various sectors, including power generation and transportation in ground, air, and space applications. Utilizing stress-sensitive sensors, Advanced Vector Analytics enables engineers to detect defects in complex structures such as buildings, bridges, and dams. The technology provides precise insights into the origins of vibrations, allowing for informed redesign and maintenance of mechanical systems throughout their life cycle. By sharing its measurement and analysis capabilities, the company aims to empower specialists to enhance the performance and safety of the systems they oversee.

Blue Bridge Technologies, established in 2007 in Latvia, specializes in developing and implementing IT solutions for business process modernization and service accessibility within the healthcare sector. The company's core product is a SaaS platform that connects healthcare payers, providers, and patients, offering tools such as practice management systems, real-time claims processing, and patient portals with telehealth services. This platform aims to streamline healthcare delivery, facilitate insurance reimbursement, and enhance patient care coordination.

Clusterpark Ltd. is a software technology company based in Riga, Latvia, specializing in machine-generated data analytics software for log, audit, and system events management. The company's primary product, GOL, facilitates log data acquisition, storage, indexing, analysis, and searching, utilizing the Clusterpoint NoSQL database and enterprise search technology. GOL empowers users to visualize log data and navigate event timelines seamlessly, allowing for efficient detection of security breaches and other technical issues in real-time. With its user-friendly interface, GOL supports cross-platform access and offers rapid search capabilities, enabling enterprises to manage log data effectively over extended periods.

Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.

Blue Bridge Technologies, established in 2007 in Latvia, specializes in developing and implementing IT solutions for business process modernization and service accessibility within the healthcare sector. The company's core product is a SaaS platform that connects healthcare payers, providers, and patients, offering tools such as practice management systems, real-time claims processing, and patient portals with telehealth services. This platform aims to streamline healthcare delivery, facilitate insurance reimbursement, and enhance patient care coordination.

Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.

Boston Neurosciences is a medical device company specializing in neurodiagnostics. Founded in 2013 and headquartered in Waltham, Massachusetts, with additional offices in Kaunas, Lithuania, the company focuses on developing ultrasound-based devices for non-invasive measurement of intracranial pressure (ICP) and related neurological parameters. Their flagship product, BNS ICP 3, utilizes ultrasound Doppler technology to provide real-time, non-invasive ICP measurements. This technology has been clinically tested and validated in leading neuro centers across Europe and the United States, offering a safer and more efficient diagnostic method for conditions such as traumatic brain injury, concussion, hydrocephalus, stroke, and brain tumors.