Organization · Venture Capital
Buildit VC
Buildit VC is a venture capital fund based in Riga, Latvia, focusing on early-stage hardware and IoT startups primarily in the Baltics and Nordics. It evolved from an accelerator into a full-fledged fund capable of investing up to €1.5 million.
Overview
What Buildit VC does
What Buildit VC is
Buildit VC is a venture capital fund based in Riga, Latvia, focusing on early-stage hardware and IoT startups primarily in the Baltics and Nordics. It evolved from an accelerator into a full-fledged fund capable of investing up to €1.5 million.
How it participates in the startup ecosystem
The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2013
- Approximate age
- About 13 years
- Structured capabilities
- Funder · Program host
- Last reviewed
- March 19, 2026
Official channels
Find Buildit VC elsewhere
Open the official website or a supported primary organization account.
Capability profile
Buildit VC as a funder
Investment thesis
Buildit VC focuses on early-stage hardware and IoT startups, supporting their growth from development to market leadership.
Focus narrative
Buildit VC primarily invests in early-stage startups within the Industry 4.0 space, including robotics, automation, AI, and software solutions. The fund provides pre-seed and seed capital to support companies in scaling from early development stages toward market leadership, with a geographical focus on Latvia and interest in the Baltics and Nordics.
Value beyond capital
Buildit VC offers a comprehensive accelerator program that includes investment, mentorship, and follow-on support for over two years, helping startups navigate their growth journey effectively.
Terms and economics
- Typical check
- $50,000–$2,000,000
- Sweet spot
- $1,000,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- Nordics
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 80
Portfolio context
Notable portfolio companies include: Orbit8: A personalized digital career assistant based on aptitudes, personality, interests, and values. Stapes: A platform enhancing employee mental well-being through relaxation experiences. PeakSave: A service shifting energy consumption patterns to cost-effective hours. RedFrog: A networking platform leveraging Augmented Reality for location-based information overlays. Forma Campers: A company providing camper rentals for nature experiences. Cellbox Labs: A biotech firm developing gut-on-chip technology for drug discovery.
Capability profile
Buildit VC as a program host
Program thesis
Invest in hardware and IoT startups from prototype to market-ready products, specializing in Industry 4.0 companies across the Baltic and Nordic regions.
Terms and economics
- Indicative investment
- $50,000
Format and cadence
- Typical duration
- 12 weeks
- Typical cohort
- 10 companies
- Format
- In Person
Availability
- Application state
- Not published
Focus and fit
- Stages
- Pre-seed · Seed
- Sectors
- Clean Energy · Fitness Wellness · Frontier · Healthcare · IoT · Robotics · Workflow Automation
- Regions
- Cee · Europe · Global · Nordics
Common questions
What to know about Buildit VC
Upseed classifies Buildit VC under the Venture Capital organization type. Its current public profile includes funder and program host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 19, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.