INVESTOR / DATA TO 30 SEPTEMBER 2026
BADideas.fund
5 venture rounds in the first 9 months of 2026, at 5 companies in 4 countries.
BADideas.fund invests at pre-seed and seed from Riga, through a fund and an angel syndicate.
The scope is Central and Eastern Europe: every venture round since January 2024 at startups from the ten CEE countries our funding reports cover, in which public sources name BADideas.fund as an investor. Rounds we have seen outside CEE are listed separately, under the table. It is built from the same record as our quarterly funding reports, and updated with them.
At a glance
SHOW DATA
| Row | Pre-seed | Seed | Series A | Growth | Total |
|---|---|---|---|---|---|
| 2024 | 5 | 4 | 0 | 0 | 9 |
| 2025 | 3 | 3 | 0 | 0 | 6 |
| 9M 2026 | 1 | 4 | 0 | 0 | 5 |
9M 2026 runs to 30 September 2026.
| Investor | Rounds together |
|---|---|
| FIRSTPICK | 7 |
| Coinvest capital | 2 |
| Depo Ventures | 2 |
| HEARTFELT_ | 2 |
| NGL | 2 |
| PurposeTech | 2 |
Investors in two or more of the same rounds.
Countries and sectors
A company counts where it is headquartered, or where it started if it later moved abroad.
SHOW DATA
| Row | 2024 | 2025 | 9M 2026 |
|---|---|---|---|
| AI | 2 | 2 | 2 |
| Enterprise software | 3 | 2 | 0 |
| Marketing and media | 1 | 0 | 2 |
| Fintech | 0 | 0 | 2 |
| Mobility and logistics | 1 | 1 | 0 |
| Food and agri | 1 | 1 | 0 |
| Education | 2 | 0 | 0 |
| Health and bio | 0 | 1 | 0 |
| Hardware and robotics | 1 | 0 | 0 |
| Other | 2 | 1 | 1 |
A company can sit in several sectors, so sector counts overlap. Other: no sector on record.
Every round on record
Newest first. Each company links to the announcement of the round.
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| ForActive | Poland | Jul 2026 | Seed | €3.3m | Simpact VC, Konrad Howard, Simpact Ventures, The Explorer Fund, Pragmatech Ventures, Vesna Capital, Vestbee Angels | |
| Tapaya | Czechia | Apr 2026 | Seed | €1.0m | Passion Capital, Depo Ventures, ALTUM | |
| Spotwiseai | Latvia | Mar 2026 | Pre-seed | €0.4m | Sanabil Accelerator by 500 Global, Outlast Fund | |
| WhiteBridge | Lithuania | Mar 2026 | Seed | €2.5m | Plug & Play, FIRSTPICK, ScaleWolf, NGL, First Degree, Vectolabs | |
| Tingit | Lithuania | Feb 2026 | Seed | €1.5m | Coinvest capital, FIRSTPICK, HEARTFELT_, PurposeTech, NGL | |
| FleetFox | Estonia | Nov 2025 | Pre-seed | €0.8m | Lighthouse Ventures, Gi21 Capital | |
| Desktop Commander | Latvia | Oct 2025 | Seed | €1.1m | 42CAP | |
| Traxlo | Lithuania | Jun 2025 | Seed | €1.6m | Plug and Play, Depo Ventures, Antler, Iron Wolf Capital, Coinvest capital | |
| Pleso Therapy | Ukraine | May 2025 | Seed | €1.1m | Vchasno Group, TA Ventures | |
| Hopted | Latvia | Apr 2025 | Pre-seed | €0.4m | FIRSTPICK | |
| THEO Growth | Latvia | Feb 2025 | Pre-seed | €0.4m | FIRSTPICK, Intelligent VC | |
| Supliful | Latvia | Dec 2024 | Seed | €1.0m | - | |
| Qminder | Estonia | Nov 2024 | Seed | €3.0m | Practica Capital, MetaPlanet | |
| Swotzy | Latvia | Nov 2024 | Pre-seed | Undisclosed | FIRSTPICK | |
| Tingit | Lithuania | Jul 2024 | Pre-seed | €0.5m | FIRSTPICK, PurposeTech | |
| AM Craft | Latvia | May 2024 | Pre-seed | €0.6m | Change Ventures | |
| Liledu | Lithuania | May 2024 | Pre-seed | €0.5m | FIRSTPICK, HEARTFELT_ | |
| FleetFox | Estonia | Apr 2024 | Seed | €0.3m | EstBAN | |
| Salesforge | Estonia | Apr 2024 | Pre-seed | €0.5m | Fiedler Capital, Spring Capital, Maciej Zawadzinski | |
| Leya AI | Lithuania | Feb 2024 | Seed | €1.0m | Inventure, V-Sharp Venture Studio |
OUTSIDE CEE: 1 ROUND
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| Just 4 Noise | Germany | Feb 2026 | Seed | €0.9m | Sound Hub Denmark, SoundInvest |
Exits
Companies BADideas.fund backed that were sold or listed, or where a new investor bought out the earlier ones. Each links to its announcement.
| Company | Country | Month | Type | Buyer |
|---|---|---|---|---|
| RoomPriceGenie | Switzerland | Feb 2025 | Investor buyout | Five Elms Capital |
How this list is made
- A round is listed when a company, investor or press announcement, or a startup database, names BADideas.fund among its investors. Each listed round links to its announcement.
- Amounts are the size of the whole round, not the part BADideas.fund invested. Amounts are in euros, converted at about 1.10 US dollars to the euro.
- Stages follow the funding reports: the label the company announced, placed by size where the label clearly does not fit.
- Rounds that were never announced, or that do not name their investors, are not here, so the list is a floor.
The whole market: CEE startup funding report. Next update: January 2027.
Raising pre-seed or seed in CEE
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