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Radar · Auto Tech in Latvia

Best Auto Tech Companies in Latvia

The 32 best Auto Tech companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Mapon.

32companies tracked
$6.3Mdisclosed funding
0unicorns
2have raised
FLIAR INTELLIGENCE · AUTO TECH × LATVIA

Our analysis of 223 Auto Tech companies

$72.2b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

223companies analysed
88%cloud-native stacks
2025funding peak (by rounds)
36unicorns
2018median founding year

Ranked: Best Auto Tech companies in Latvia

#CompanyRevenueDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
1Discover Cars
Platform offering car rental bookings
$78M
FY2024
—1202013Dmitrijs Zaznovs
Co-Founder
Apple Sign-inGoogle Sign-inYouTube+27—
2Trodo
Online retailer of automotive parts & accessories
$72M
FY2024
—173
173 → 152 (-12%)
1862—Cart FunctionalityPHPBootstrap+14—
3Blue Shock Race
Manufacturer of electric racing karts & track systems
$1M
FY2021
—22
22 → 19 (-14%)
2015Artis Daugins
Founder & CEO
WordPressMySQLPHP+16—
4PureFlow AirDog
Provider of innovative diesel fuel air separation systems and fuel delivery solutions for various vehicles.
$777K
FY2019
—102009—Web Shop ManagerCart FunctionalitySentry+23—
5Sizzapp
OBD-based vehicle tracking & monitoring solution
$557K
FY2024
—72018Denis Moldovan
Co-Founder & CEO
October CMSPHPLaravel+15—
6Mapon
Provider of vehicle tracking & fleet management solutions
$336K
FY2023
$3M177
177 → 171 (-3%)
2006—PHPGoogle MapsYouTube+25—
7MMX Energy
Provider of electric vehicle charging solutions
$265K
FY2023
—32010———
8AutoRecords
Vehicle history check platform
$264K
FY2023
—22016—PHPLaravelBootstrap+10—
9Intenica
Provider of smart charging stations
$254K
FY2023
—32012———

Top 4 Auto Tech companies in Latvia

#1
Series A · Riga, Riga · founded 2006 · 177 employees
$3.3Mraised
▾

Provider of vehicle tracking & fleet management solutions. The company offers tracking products like tracking software, hardware devices, mobile apps, and mobile trackers. Also, provides white label solutions. They provide features like online following, fuel consumption management, remote vehicle engine control, temperature monitoring, driver behavior analysis and reports for management.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 34.2% of this cohort's audience
Activity: 2 product launches · 1 partnerships (incl. Vectory Group Info Services AG) announced in 12 mo
Tech stack
Apple Icloud MailBootstrapCloudflareCloudflare Bot ManagementCookiebotCore-Js
#2
Seed · Riga, Riga · founded 2022
$3Mraised
▾

App-based car rental platform. Users can unlock the car through the app, ride, and park at a legal parking spot at the end of the ride. The app is available for both Android and iOS devices.

Founders & team
Kristians KarlsonsCo-FounderKristaps VasiļjevsCo-FounderJuhan KaarmaCo-Founder
Investors
Industra Bank
#3
Seed · Riga, Riga · founded 2018 · 17 employees
$20Kraised
▾

Management solutions for vehicle rental platform. The platform offers solutions that includes vehicles sharing solutions, dashboard, payment solutions, marketing, app, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 17.6% of this cohort's audience
Funding rounds
  • Dec 2022Seed$20K
Founders & team
Arturs BurninsFounder & CEO
Investors
Techstars
Tech stack
Amazon Web ServicesAngularApexcharts.JsCdnjsCloudflareCloudflare Bot Management
#4
Funding Raised · Riga, Riga · founded 1919 · 1001 employees
—raised
▾

Online platform providing news on railways

Investors
Europa
Tech stack
BootstrapCargoCloudflareCloudflare Bot ManagementCrazy EggDrupal

Funding & investor landscape

$6.3Mtotal disclosed funding
3companies funded
1disclosed rounds
0rounds last 90 days
Most active investors
Baltic Tech Ventures1 rounds
Europa1 rounds
Goldfish Fund1 rounds
Industra Bank1 rounds
Investment Readiness Accelerator1 rounds
Ivory Group1 rounds
LTk Capital1 rounds
Techstars1 rounds
Prism market signals · Latvia · country-scoped Prism corpus, 451,695 docs

Market landscape — 10 sub-themes by coverage

Share of Auto Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Latvia

How research on Autonomous Vehicles is moving in Latvia

A read on the academic research around Autonomous Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 11 Latvia-affiliated papers.

top research entities
  • Ministry of Agriculture3
  • Institute of Mathematics and Computer Science3
  • Institute of Electronics and Computer Science2
  • Riga Technical University2
  • Latvia University of Life Sciences and Technologies1
leading researchers
Jinrui Zhou · Maksims Ivanovs · Kaspars Ozols · Artis Dobrajs · Roberts Kadiķis · Liang Sun · Qiaolong Wang · ZiYang Kong
▲ Breakthroughs2 · 18%
0%→0% share
2 median citations100% since 2021mostly methods-led
Breakthroughs are cooling (0%→0% of field), led by Adaptability.
rising sub-themes (early→recent)
  • Adaptability1
  • Stability (learning theory)1
  • Controller (irrigation)1
  • Field (mathematics)1
  • Kalman filter1
Landmark A Distributed Time-of-Flight Sensor System for Autonomous Vehicles: Architecture, Sensor Fusion, and Spiking Neural Netw · 4 cites
◆ Advancements1 · 9%
0%→0% share
0 median citations100% since 2021mostly methods-led
Advancements are cooling (0%→0% of field), led by Embedding.
rising sub-themes (early→recent)
  • Embedding1
  • Control system1
  • Automotive engineering1
  • Control engineering1
  • Electrical engineering1
▼ Concerns6 · 55%
0%→0% share
0 median citations100% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Transport engineering.
rising sub-themes (early→recent)
  • Transport engineering2
  • Automotive industry2
  • Self driving1
  • Segmentation1
  • Computer vision1
Landmark Improving Semantic Segmentation of Urban Scenes for Self-Driving Cars with Synthetic Images · 31 cites
RESEARCH HOTSPOTS · Latvia

Where autonomous vehicles is researched across Latvia

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Riga11 · +0.44
Opportunity · Hemiptera

Common questions

How many Auto Tech companies are there in Latvia?
Radar tracks 32 indexable Auto Tech companies headquartered in Latvia that meet our profile-completeness bar.
What is the total funding raised by Auto Tech companies in Latvia?
The Auto Tech companies in Latvia on this list have raised a combined $6.3M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Auto Tech company in Latvia?
Mapon is the highest-funded Auto Tech company in Latvia, with $3.3M in disclosed equity funding.
How many Auto Tech companies in Latvia are funded?
3 of the 32 Auto Tech companies in Latvia on this list have disclosed at least one equity funding round.
How many Auto Tech unicorns are there in Latvia?
None of the Auto Tech companies in Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Latvia Auto Tech companies?
The most active investors in Latvia Auto Tech companies on this list include Baltic Tech Ventures, Europa, Goldfish Fund, Industra Bank, Investment Readiness Accelerator.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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