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Buildit Accelerator
Buildit Accelerator is a venture capital fund and accelerator specializing in hardware and IoT startups. Founded in 2013, it has run 18 batches and invested in...
Buildit Accelerator
Buildit Accelerator is a venture capital fund and accelerator specializing in hardware and IoT startups. Founded in 2013, it has run 18 batches and invested in over 100 startups, offering preseed investments up to €250k and seed stage investments up to €1.5M. The firm is raising a new €20M fund with first investments planned for Q2 2025.
General information
Firm type
Generalist
Year founded
2013
Location
Region
Europe
Country
Latvia
City
Riga
Corporate office
Brivibas 43, Riga, LV-1050, Latvia
Additional offices
Tartu, Estonia
Principals
Matiss Neimanis
Managing Partner / CEO
Rene Tonnisson
Founding Partner
Arta Beitāne
Partner
Zigmārs Reklaitis
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Buildit Accelerator?
Matiss Neimanis serves as Managing Partner and CEO. Rene Tonnisson acts as Founding Partner. Arta Beitāne and Zigmārs Reklaitis hold Partner roles.
How does Buildit Accelerator source proprietary deal flow?
The firm participates in Garage48 hackathons and TechHub Riga events. It maintains a standing relationship with LatBAN for co-investment opportunities.
Does Buildit Accelerator participate in fund commitments or only direct deals?
Buildit focuses on direct seed and early-stage investments. No fund commitments are recorded in available data.
What investment stages does Buildit Accelerator typically target?
The firm targets seed and start-up rounds. It supports companies through prototyping facilities in Tartu.
Where does Buildit Accelerator maintain physical operations?
Headquarters sit at Brivibas 43 in Riga. An additional office and prototyping facilities operate at Tartu Science Park in Estonia.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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