Latvia
Europe · Pop. 1.9M
Largest rounds
Largest funding rounds in Latvia
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a Latvia-headquartered company, grouped by Dealroom sector.
Largest rounds in Latvia - 2026
Startup funnel
Latvia's power-law funnel
From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.
* Conversion rates are derived from current counts.
VC investment
How much venture capital flows into Latvia
VC investment into Latvia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.
Notable companies
Top private companies in Latvia
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Latvia's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Latvia.
Location comparison
How Latvia stacks up
Compare Latvia with similarly sized ecosystems in Europe — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in Europe ranked by combined EV. Latvia's row is highlighted (#12).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | United Kingdom | $1.2T | 4.6× | 216 | $24.1B | 20.1K |
| 2 | France | $411B | 5.5× | 66 | $8.4B | 9,124 |
| 3 | Germany | $405B | 4.1× | 91 | $8.2B | 8,752 |
| 4 | Netherlands | $324B | 2.8× | 42 | $3.2B | 3,911 |
| 5 | Sweden | $286B | 5.5× | 57 | $3.5B | 3,237 |
| 6 | Switzerland | $213B | 3.5× | 48 | $4.3B | 3,024 |
| 7 | Denmark | $142B | 4.3× | 23 | $1.8B | 1,667 |
| 8 | Belgium | $108B | 7.2× | 12 | $902.6M | 1,893 |
| 9 | Ireland | $105B | 4.9× | 24 | $1.2B | 1,972 |
| 10 | Spain | $98.5B | 5.4× | 18 | $3.4B | 4,573 |
| 11 | Finland | $79.1B | 3.9× | 10 | $2.2B | 1,752 |
| 32 | Latvia | $4.3B | 6.8× | 1 | $90.3M | 305 |
Patent intelligence
Latvia startup IP portfolio: 666 patent families
Granted patent families assigned to startups headquartered in Latvia. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Latvia dataset — or see a sample on the Dealroom app.
Get the full Latvia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.