SOSV
SOSV is a global venture capital firm that supports early-stage startups through active, founder-first development programs. Its flagship initiatives HAX and IndieBio provide facilities, engineering resources, services, and laboratory equipment to accelerate product development and prepare companies for subsequent funding rounds. SOSV focuses on deep technology across health, environmental, and cross-border software sectors, aiming to solve human and planetary health challenges. In addition to providing capital, the firm emphasizes intensive programmatic support to help portfolio companies move quickly from seed toward growth, including customer acquisition and scale. The firm operates globally with a bias toward startups targeting rapid international expansion, especially in Asia, and tends to back a small cohort of high-potential companies to accelerate their progress and attract leading investors.
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Past deals in Latvia
Alternative Plants
Seed Round in 2022
Alternative Plants, SIA is a biotech start-up based in Riga, Latvia, founded in 2017, specializing in the development of active ingredients derived from plant stem cell cultures. The company focuses on creating sustainable and effective cosmetic ingredients, particularly for the anti-aging and skin whitening markets. By utilizing stem cell technology, Alternative Plants aims to produce valuable substances from rare and difficult-to-cultivate medicinal plants, ensuring a consistent and sustainable supply of these ingredients. Their primary clients are cosmetic manufacturers who incorporate these plant stem cell-derived active substances into their products. The company also envisions future expansion into other sectors, including functional foods, medical devices, and pharmaceuticals, leveraging their innovative technology to broaden their impact.
Alternative Plants
Seed Round in 2017
Alternative Plants, SIA is a biotech start-up based in Riga, Latvia, founded in 2017, specializing in the development of active ingredients derived from plant stem cell cultures. The company focuses on creating sustainable and effective cosmetic ingredients, particularly for the anti-aging and skin whitening markets. By utilizing stem cell technology, Alternative Plants aims to produce valuable substances from rare and difficult-to-cultivate medicinal plants, ensuring a consistent and sustainable supply of these ingredients. Their primary clients are cosmetic manufacturers who incorporate these plant stem cell-derived active substances into their products. The company also envisions future expansion into other sectors, including functional foods, medical devices, and pharmaceuticals, leveraging their innovative technology to broaden their impact.
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