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Riga

Metro area · Latvia · Pop. 1.1M

A public taster of the full Riga ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

196 Pool of Funded Startups

New Startups

61 Annual Startups FoundedAll new ventures

23 Annual Startups FundedReceived investment

get funded 38%

186Startups

126 Pre-Seed Startups$100K–1M

44 Seed Startups$1–4M

16 Series A Startups$4–15M

7Breakouts

6 Series B Breakouts$15–40M

1 Series C Breakouts$40–100M

3Scaleups

3 Mega Scaleups$100–250M

reach Mega 1.5%

1Valuation Outcomes

1 Unicorns($1–10B valuation)

reach Unicorn 0.51%

Pre-Seed

126

Seed

Series A

Series B

Series C

Unicorn

* Conversion rates are derived from current counts.

Quarterly report

Riga's latest quarter in venture capital

VC raised by Riga-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in Riga

A live treemap of the largest VC rounds. Each cell is one round into Riga-headquartered companies, grouped by Dealroom sector.

Largest rounds in Riga - 2026

Every $15M+ VC round into Riga-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Riga

VC investment into Riga-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Riga's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Riga.

University-linked startup formation

University spinouts

180

Total alumni-founded companies

146

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Riga stacks up

Compare Riga with peers from the same country (Latvia) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Rotterdam - The Hague

$13B

$12.8B

$12.8B

$12.7B

$12B

$10.3B