A Riga-based hardware and IoT accelerator and early-stage VC fund building deep-tech ventures across the Baltics and Nordics.
Buildit is a Riga-based hardware and IoT accelerator and VC fund founded in 2013, operating as the 'Accelerator of Things.' It has run 18 batches supporting 80+ startups in IoT, hardware, and biotechnology. Buildit is raising a new €20M fund with initial investments planned from Q2 2025, offering up to €250k at pre-seed for Latvia-incorporated startups and up to €1.5M at seed for Baltic and Nordic companies. The programme provides access to 90+ mentors from 15+ countries with expertise in engineering, product design, and manufacturing.