Best High Tech Companies in Latvia
The 82 best High Tech companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aerones.
Our analysis of 1,127 High Tech companies
$222.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best High Tech companies in Latvia
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Getic Provider of wireless devices, routers, antennas, switches, cables, security and monitoring equipment | $45M FY2022 | — | — | 2007 | Igor Dekteryov CEO | Cart FunctionalityApple iCloud MailMicrosoft 365+21 | — |
| 2 | Aerones Robotic systems for wind turbine inspection and maintenance | $23M FY2024 | $53M | 129 | 2016 | Janis Putams Co-Founder & CTO | WordPressMySQLPHP+35 | 1 job opening · 2 awards |
| 3 | SPH Engineering Provider of UAV software solutions | $9M FY2024 | — | 32 32 → 71 (+122%) | 2013 | Alexey Dobrovolskiy Co-Founder | Cart FunctionalityShopifyZoho+32 | 1 award |
| 4 | Sonarworks Provider of decentralized software for headphones and speakers | $4M FY2024 | $14M | 68 | 2012 | Martins Popelis Co-Founder | Cart FunctionalitySentryZendesk+24 | — |
| 5 | Azeron Manufacturer of 3D-printed gadget accessories for consumers | $4M FY2022 | — | 104 | 2019 | — | PHPYouTubeAmazon ALB+26 | — |
| 6 | HackMotion Wearable motion capture solutions for applications in sports | $1M FY2022 | — | 10 | 2016 | Janis Linde Co-Founder & CEO | Apple iCloud MailGoogle WorkspaceNode.js+14 | — |
| 7 | Roibox Platform offering location based ad solution | $1M FY2024 | $2M | 13 | 2020 | Edvarts Gaigals Co-Founder | WebflowAzurecore-js+14 | — |
| 8 | Frigate Open-source network video recorder leveraging AI object detection | $1M FY2024 | — | 11 | 2019 | — | SentryNode.jsTailwind CSS+15 | — |
| 9 | Mapon Provider of vehicle tracking & fleet management solutions | $336K FY2023 | $3M | 177 177 → 171 (-3%) | 2006 | — | PHPGoogle MapsYouTube+25 | 2 launchs · 1 partnership |
| 10 | BNV Systems Manufacturer of thermal imaging system | $317K FY2022 | — | 2 | 2013 | — | — | — |
Top 12 High Tech companies in Latvia
#1
Series B · Riga, Riga · founded 2016 · 129 employees$52.5Mraised▾
Robotic systems for wind turbine inspection and maintenance. It offers robotic solutions for inspecting and maintaining wind turbine blades and towers. Services include lightning protection inspections, internal inspections, cleaning, and repair. The robotic systems are certified for use with wind turbines. It combines robotics and automation for all aspects of wind turbine blade and tower care, delivering unmatched speed, cost efficiency, safety, and service quality.
#2
Seed · Riga, Riga · founded 2020 · 6 employees$13.9Mraised▾
Provider of coating solutions for PVD equipment. It offers coating solutions for electrical stability, anti-corrosion, catalysts for fuel cells, electrolyzers, sensors, shielding, activated powder, materials for additive manufacturing, anodes, cathodes, insulation, low friction, wear resistance, and thermo-barriers for components.
#3
Seed · Ventspils, Ventspils Municipality · founded 2023$446Kraised▾
Competitive positioning intelligence platform for brand strategists. It is a competitive positioning intelligence platform that maps category landscapes from the brand's perspective. Instead of spending days Googling, prompting AI tools, and checking competitors' websites and social media, you get structured analysis that combines competitive messaging with strategic and operational reality growth phase, pricing position, business model, and geographical scope, all considered together. Every competitor is evaluated through the same framework, with strategic insights and a clear rationale.
- Feb 2025Seed$446K
- Angel—
#4
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.
#5
Seed · Riga, Riga · founded 2018 · 12 employees$648.1Kraised▾
Provider of 3D printing services. Its other services include design and manufacturing of aircraft components, EASA Form 1 certification, custom part development, End-to-End and distributed production methodology. It focused on the aviation industry.
#6
Series B · Riga, Riga · founded 2012 · 68 employees$14.5Mraised▾
Provider of decentralized software for headphones and speakers. It creates smart speakers by adding digital signal processing to the physical product. It provides various features including the same setting in the headphone and speakers devices that allows band members to listen to some feedback in sync.
#7
Acquired · Riga, Riga · founded 2020 · 13 employees$2.1Mraised▾
Platform offering location based ad solution. It leverages location data that help advertisers to analyze, segment, and target the audiences. It depicts where the ads are being displayed and the conversion rates of the ads.
#8
Seed · Riga, Riga · founded 2020 · 7 employees$464.8Kraised▾
Developer of robotic weed removal solutions. It works on autonomous technology that includes taking images, uses an AI-backed algorithm for weed detection, and provides thermal weed treatment with a laser beam.
- May 2023Seed$464.8K
#9
Series A · Riga, Riga · founded 2015 · 25 employees$6Mraised▾
Manufacturer of multi-utility drones. It offers solutions for rescue missions, environment monitoring, UAV hardware, and drone accessories.
#10
Funding Raised · Daugavpils, Daugavpils · founded 1992 · 89 employees$184.7Kraised▾
Provider of identity verification software and forensic document examination equipment. The company delivers solutions for digital and on-site onboarding, identity lifecycle management, border control, and forensic examination. It offers biometric authentication and document verification software. The company also provides document examination devices and forensic equipment for document and VIN number verification.
- Sep 2019Grant (prize money)$184.7K
#11
Seed · Riga, Riga · founded 2018 · 1 employees$179.3Kraised▾
FabControl offers software for mass-customized production 3D Printing. It offers process parameter development for extrusion-based systems based on proprietary method, production and 3D Printing operations management, embedded OS for FFF 3D printers, and cloud-based print farm management software. It also offers custom research services.
- Aug 2019Seed$179.3K
#12
Seed · Riga, Riga · founded 2019 · 13 employees$20Kraised▾
Provider of IoT-based asset monitoring solutions for the supply chain industry. It offers IoT sensors that track and log various parameters like temperature, humidity, light and color, CO2, location, and shocks. It can be integrated with a data platform for real-time status monitoring and asset condition monitoring. Its features include dashboard view, API integration capability, Bluetooth connectivity, and notifications. It also has its use cases in the facility monitoring, healthcare, and food industries.
- 2021Seed$20K
- Apr 2020Grant (prize money)$22K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of High Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Semiconductors is moving in Latvia
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 13 Latvia-affiliated papers.
- University of Latvia4
- Institute of Solid State Physics4
- Institute of Mathematics and Computer Science2
- Riga Technical University2
- Institute of Electronics and Computer Science1
- Electronic circuit2
- MOSFET1
- Quantum tunnelling1
- Gate dielectric1
- Threshold voltage1
- Fabrication3
- Silicon2
- Photonics2
- Graphene1
- Graphite1
Where semiconductors 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.
Common questions
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.