Radar Companies High Tech · Riga
Radar · High Tech in Riga

Best High Tech Companies in Riga, Latvia

The 58 best High Tech companies in Riga, Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aerones.

58companies tracked
$93.7Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · HIGH TECH × RIGA

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.

1,127companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
124unicorns
2018median founding year
84kcombined LinkedIn audience
68%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best High Tech companies in Riga

#CompanyRevenueDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
1Aerones
Robotic systems for wind turbine inspection and maintenance
$23M
FY2024
$53M1292016Janis Putams
Co-Founder & CTO
WordPressMySQLPHP+351 job opening · 2 awards
2SPH Engineering
Provider of UAV software solutions
$9M
FY2024
32
32 → 71 (+122%)
2013Alexey Dobrovolskiy
Co-Founder
Cart FunctionalityShopifyZoho+321 award
3Sonarworks
Provider of decentralized software for headphones and speakers
$4M
FY2024
$14M682012Martins Popelis
Co-Founder
Cart FunctionalitySentryZendesk+241 job opening
4HackMotion
Wearable motion capture solutions for applications in sports
$1M
FY2022
102016Janis Linde
Co-Founder & CEO
Apple iCloud MailGoogle WorkspaceNode.js+14
5Power Mining
Provider of crypto mining containers
$1M
FY2022
22017Janis Grinbergs
Co-Founder
Cart FunctionalityShopifySentry+29
6Roibox
Platform offering location based ad solution
$1M
FY2024
$2M132020Edvarts Gaigals
Co-Founder
WebflowAzurecore-js+14
7KleinTech
Intelligent automated inspection solutions based on deep learning
$851K
FY2024
2010Juris Puce
CEO
8Mass Portal
Develops and manufactures various sizes of delta 3D Printers based on FFF technology
$717K
FY2018
322013Janis Grinhofs
Founder & CEO
9Sizzapp
OBD-based vehicle tracking & monitoring solution
$557K
FY2024
72018Denis Moldovan
Co-Founder & CEO
October CMSPHPLaravel+15
10Mapon
Provider of vehicle tracking & fleet management solutions
$336K
FY2023
$3M177
177 → 171 (-3%)
2006PHPGoogle MapsYouTube+252 launchs · 1 partnership
11Mauglo
Smart street light systems
$252K
FY2022
102011Martins Buzerins
CEO

Top 12 High Tech companies in Riga

#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 36k LinkedIn followers — 43.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: AI Native Full-Stack Engineer, Senior Full-Stack Engineer
Activity: 2 awards announced in 12 mo
Founders & team
Janis PutamsCo-Founder & CTODainis KruzeCo-Founder
Investors
Y Combinator, Change Ventures, Sensum, Europa, Future Positive Capital, Metaplanet
Tech stack
A3 Lazy LoadBootstrapChart.JsCloudflareCloudflare Bot ManagementContact Form 7
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 3.2% of this cohort's audience
Activity: 1 partnerships · 3 awards (incl. Latvijas Investciju un attstbas aentra - LIAA Representative Office in France) announced in 12 mo
Founders & team
Aleksandrs ParfinovicsChief Executive Officer
Investors
EIC Fund, The Untitled Ventures, Impact Ventures, Radix-Vc, Kendris Capital, Buildit
#3
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 — 6.5% 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
#4
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.

Founders & team
Didzis DejusCEO and Co-FounderJanis JatnieksCo-Founder & CCO
Investors
BADideas.fund, Change Ventures
Tech stack
AngularCalendlyCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#5
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 5.4% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Product Manager
Activity: 3 partnerships (incl. Dolby Laboratories) announced in 12 mo
Founders & team
Martins PopelisCo-FounderHelmuts BemsCo-Founder & CEO
Investors
Imprimatur Capital Fund Management, Karma Ventures, Practica Capital, Revo Capital, Superangel, PROKS Capital
Tech stack
ActivecampaignAmazon S3Amazon Web ServicesApple PayBunnyCart Functionality
#6
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.

Founders & team
Edvarts GaigalsCo-FounderJekabs EndzinsCEO & Co-Founder
Investors
BlackSheep
Tech stack
MemberstackWebflowJsdelivrJqueryGoogle Tag ManagerGoogle Hosted Libraries
#7
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.4% of this cohort's audience
Funding rounds
  • May 2023Seed$464.8K
Founders & team
Aldis PeckaCo-FounderAndrejs KostrominsCo-FounderJanis JaskoCo-Founder & CEO
Investors
Overkill Ventures, Accelerace, Cambridge Agritech
Tech stack
All In One SeoBabelContact Form 7CookiebotCore-JsElementor
#8
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 7.4% of this cohort's audience
Founders & team
Ivan TolchinskyFounder & CEO
Investors
High House Investment, Fortissimo Capital
Tech stack
Apple Icloud MailCloudflareGodaddyGoogle AnalyticsGoogle Tag ManagerGoogle Workspace
#9
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.

Funding rounds
  • Aug 2019Seed$179.3K
Founders & team
Janis GrinhofsFounder & CEO
Investors
Overkill Ventures
#10
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.

Funding rounds
  • 2021Seed$20K
  • Apr 2020Grant (prize money)$22K
Founders & team
Kristaps MikasenoksCo-Founder
Investors
Techstars, BlockStart, Baltic Tech Ventures, Overkill Ventures
#11
Deadpooled · Riga, Riga · founded 2015
$26Kraised

Manufactures a small, portable consumer drone for photography

Founders & team
Mohamed GhaithCEO
#12
Seed · Riga, Riga · founded 2016 · 8 employees
$24Kraised

Castprint is involved in manufacturing fracture treatment devices. They have developed their products for wrist fractures, ankles, and finger fractures. Their products are mainly made of poly-lactic acid plastic materials.

Funding rounds
  • 2017Seed$24K
Founders & team
Janis OlinsCo-Founder & CEOSigvards KrongornsCo-Founder & COO
Investors
Startup Wise Guys, Buildit
Tech stack
UbuntuNginxGoogle Tag ManagerPwaOpen Graph

Funding & investor landscape

$93.7Mtotal disclosed funding
12companies funded
5disclosed rounds
0rounds last 90 days
Most active investors
Buildit5 rounds
Overkill Ventures4 rounds
Baltic Tech Ventures3 rounds
Startup Wise Guys3 rounds
Beamline Accelerator2 rounds
Change Ventures2 rounds
Europa2 rounds
Impact Ventures2 rounds
Metaplanet2 rounds
ALTUM1 rounds

Notable founders

Janis Putams
Co-Founder & CTO · Aerones
Dainis Kruze
Co-Founder · Aerones
Aleksandrs Parfinovics
Chief Executive Officer · Naco Technologies
Didzis Dejus
CEO and Co-Founder · AM Craft
Janis Jatnieks
Co-Founder & CCO · AM Craft
Martins Popelis
Co-Founder · Sonarworks
Helmuts Bems
Co-Founder & CEO · Sonarworks
Edvarts Gaigals
Co-Founder · Roibox
Jekabs Endzins
CEO & Co-Founder · Roibox
Aldis Pecka
Co-Founder · Weed Bot Europe
Andrejs Kostromins
Co-Founder · Weed Bot Europe
Ivan Tolchinsky
Founder & CEO · Atlas
Prism market signals · Latvia · country-scoped Prism corpus, 465,450 docs

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

RESEARCH SIGNALS · Latvia

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.

top research entities
  • University of Latvia4
  • Institute of Solid State Physics4
  • Institute of Mathematics and Computer Science2
  • Riga Technical University2
  • Institute of Electronics and Computer Science1
leading researchers
Vyacheslavs Kashcheyevs · Jun Liu · Yonggang Li · Chuanguo Zhang · Bernd Kaestner · Aristov, Victor Yu. · Urbanik, Grzegorz · Kummer, Kurt
Breakthroughs6 · 46%
0%→0% share
1 median citations83% since 2021mostly methods-led
Electronic circuit research is rising — 2 Latvian papers signal emerging focus in this segment.
rising sub-themes (early→recent)
  • Electronic circuit2
  • MOSFET1
  • Quantum tunnelling1
  • Gate dielectric1
  • Threshold voltage1
Landmark A random-walk benchmark for single-electron circuits · 12 cites
Advancements5 · 38%
0%→0% share
0 median citations100% since 2021mostly methods-led
Fabrication research leads Latvian advancements with 3 papers, outpacing Silicon and Photonics.
rising sub-themes (early→recent)
  • Fabrication3
  • Silicon2
  • Photonics2
  • Graphene1
  • Graphite1
Landmark Theoretical Development of Polymer-Based Integrated Lossy-Mode Resonance Sensor for Photonic Integrated Circuits · 12 cites
RESEARCH HOTSPOTS · Latvia

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.

Riga5 · +0.48
Opportunity · Photonics

Common questions

How many High Tech companies are there in Riga, Latvia?
Radar tracks 58 indexable High Tech companies headquartered in Riga, Latvia that meet our profile-completeness bar.
What is the total funding raised by High Tech companies in Riga, Latvia?
The High Tech companies in Riga, Latvia on this list have raised a combined $93.7M in disclosed equity funding across 12 funded companies.
Which is the highest-funded High Tech company in Riga, Latvia?
Aerones is the highest-funded High Tech company in Riga, Latvia, with $52.5M in disclosed equity funding.
How many High Tech companies in Riga, Latvia are funded?
12 of the 58 High Tech companies in Riga, Latvia on this list have disclosed at least one equity funding round.
How many High Tech unicorns are there in Riga, Latvia?
None of the High Tech companies in Riga, Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Riga, Latvia High Tech companies?
The most active investors in Riga, Latvia High Tech companies on this list include Buildit, Overkill Ventures, Baltic Tech Ventures, Startup Wise Guys, Beamline 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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