Latvia startup funding in 2014
European tech funding raised by Latvia startups during 2014.
In 2014, 36 startups in Latvia closed 38 funding rounds and raised €13M in equity funding (excluding debt and grants). Debt rounds added €155M. Software was the most active sector, and Imprimatur Capital was the most active investor. Data as of 4 Nov 2026.
Equity funding
€13M
excl. debt & grants · +€155M debt
Funding rounds
38
Companies
36
Top sector
Software
Latvia: last three years
change vs the year before| Year | Equity | Change | Rounds | Change | Debt |
|---|---|---|---|---|---|
| 2012 | €386k | — | 4 | +100.0% | — |
| 2013 | €724k | +87.5% | 7 | +75.0% | €38k |
| 2014 | €13M | +1724.5% | 38 | +442.9% | €155M |
Rank in Europe
#10
1.8% of European funding
Debt financing
€155M
92.1% of total
Top-10 round share
98.6%
of disclosed capital
Rounds ≥ €100M
1
Funding by month
€ raised vs rounds, by monthLatvia — funding by month, 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €807k | 8 |
| Feb | €4.1M | 11 |
| Mar | €250k | 5 |
| Apr | €1.3M | 9 |
| Jul | €1.3M | 2 |
| Sep | €155M | 1 |
| Nov | €5.0M | 1 |
| Dec | €500k | 1 |
Top sectors
by € raisedLatvia — top sectors by capital, 2014 — interactive chart.
Data table
| Latvia — top sectors by capital, 2014 | |
|---|---|
| Fintech | €160M |
| Software | €4.9M |
| Telecom | €1.0M |
| Edtech | €715k |
| Marketing | €666k |
| Media | €600k |
| Hardware | €350k |
| Cybersecurity | €300k |
Stage mix
by € raisedLatvia — stage mix, 2014 — interactive chart.
Data table
| Latvia — stage mix, 2014 | |
|---|---|
| Debt | €155M |
| Early VC | €6.7M |
| Other | €4.1M |
| Seed | €2.4M |
Largest equity rounds
by disclosed amount, 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Creamfinance | Early VC | Nov 2014 | €5.0M |
| Infogr.am | Early VC | Feb 2014 | €1.8M |
| Roamer | Seed | Jul 2014 | €1.0M |
| Sonarworks | Seed | Feb 2014 | €600k |
| Hypermancer | Other | Feb 2014 | €600k |
| Froont | Other | Feb 2014 | €500k |
| Data Visualization Software | Seed | Dec 2014 | €500k |
| ZoomCharts | Other | Apr 2014 | €500k |
| Uzdevumi | Other | Apr 2014 | €410k |
| Mailigen | Seed | Jul 2014 | €366k |
Largest debt rounds
debt financing, 2014; not in the equity totalTop investors
most active in 2014, by deal count- Imprimatur Capital23 deals
- FlyCap4 deals
- ZGI Capital3 deals
- Connect Ventures1 deals
- etc1 deals
- Almaz Capital1 deals
- Point Nine Capital1 deals
- Proks Capital1 deals
- Flint Capital1 deals
- BaltCap1 deals
Source: Tech.eu Funding Explorer · data as of 4 Nov 2026 · licence CC BY 4.0 · Methodology