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Latvia startup ecosystem
The directory currently lists 61 organisations across 1 cities.
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ZGI Capital
ZGI Capital is one of the most experienced venture capital firms in the Baltics, founded in 2005 in Riga. It has operated four successive fund generations (ZGI-1 through ZGI-4), with ZGI-4 attracting the largest single private VC investment in Latvia at €10M. The firm targets seed and Series A rounds of €500k–€5M in Latvian and Baltic companies across SaaS, fintech, food-agtech, logistics, and industrial sectors. ZGI Capital has won Latvia's VC & PE sector award six times, including in 2024 and 2025.
