buildit Latvia

Buildit is an accelerator that supports hardware and IoT startups in turning an idea into a tangible, market-worthy product.

Our experience is based on 10 acceleration programs that have been run in Estonia (2014) and continued in Latvia since 2018.

Our program is specifically designed for IoT and hardware startups according to the current situation. We think that four intensive weeks were are covered four main topics during the four months is what is needed for IoT / hardware startup to be ready to raise the Seed investment they deserve.

What do I see here?The Heatmap Trust Score is a measurement of popularity of a startup location based on the recommendations of founders in Europe

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buildit Latvia Scores & Details

program_name

Scores

Plug and Play Accelerator – Startup Autobahn

Popularity Score:	100/100	12.37% of founder vote	2nd Rank
Foreign-Born Founders:	56/100	50% foreign-born founders	34th Rank
Female Founders:	20/100	8% female founders	103rd Rank
Investments Score:	100/100	2,207,164,342 € raised	1st Rank
Follow-on Funding Rate:	66/100	51% of startups	15th Rank
Job Creation:	57/100	3160 jobs created	8th Rank
Purpose Focus:	12/100	5 impact startups	41st Rank
Equity Asked:>	0/100	0% equity	th Rank
Investment Offered:	29/100	23,972 €	65th Rank

Business Model:	Corporate sponsor
Duration in Weeks:	12
Next Application Deadline:	Rolling Admission
Applications usually open:
Next Starting Date:	Thursday, 22/06/2023

LEONARD SEED Program

Popularity Score:	90/100	not available	99th Rank
Foreign-Born Founders:	39/100	35% foreign-born founders	59th Rank
Female Founders:	31/100	12% female founders	81st Rank
Investments Score:	16/100	290,802,552 € raised	32nd Rank
Follow-on Funding Rate:	42/100	33% of startups	42nd Rank
Job Creation:	17/100	943 jobs created	23rd Rank
Purpose Focus:	12/100	5 impact startups	41st Rank
Equity Asked:	0/100	0% equity	th Rank
Investment Offered:	40/100	30,000 €	55th Rank

Business Model:	Equity
Duration in Weeks:	24
Next Application Deadline:	Sunday, 15/10/2023
Applications usually open:	October
Next Starting Date:	Wednesday, 10/01/2024

The Yield Lab Europe

Popularity Score:	90/100	not available	99th Rank
Foreign-Born Founders:	77/100	68% foreign-born founders	19th Rank
Female Founders:	48/100	18% female founders	46th Rank
Investments Score:	9/100	166,938,004 € raised	49th Rank
Follow-on Funding Rate:	76/100	59% of startups	12th Rank
Job Creation:	5/100	255 jobs created	68th Rank
Purpose Focus:	21/100	9 impact startups	27th Rank
Equity Asked:	48/100	10% equity	35th Rank
Investment Offered:	90/100	100,000 €	10th Rank

Business Model:	Equity
Duration in Weeks:	12
Next Application Deadline:	Rolling Admission
Applications usually open:
Next Starting Date:

Rockstart AgriFood Program

Popularity Score:	99/100	5.69% of founder vote	11th Rank
Foreign-Born Founders:	100/100	100% foreign-born founders	1st Rank
Female Founders:	51/100	19% female founders	37th Rank
Investments Score:	12/100	213,641,396 € raised	39th Rank
Follow-on Funding Rate:	51/100	39% of startups	31st Rank
Job Creation:	5/100	278 jobs created	62nd Rank
Purpose Focus:	14/100	6 impact startups	36th Rank
Equity Asked:	78/100	6% equity	15th Rank
Investment Offered:	41/100	35,000 €	54th Rank

Business Model:	Equity
Duration in Weeks:	26
Next Application Deadline:	Friday, 07/04/2023
Applications usually open:	February
Next Starting Date:	Tuesday, 01/08/2023

Next Big Thing

Popularity Score:	94/100	1.34% of founder vote	59th Rank
Foreign-Born Founders:	42/100	38% foreign-born founders	55th Rank
Female Founders:	22/100	8% female founders	97th Rank
Investments Score:	1/100	12,681,570 € raised	92nd Rank
Follow-on Funding Rate:	16/100	13% of startups	87th Rank
Job Creation:	2/100	125 jobs created	91st Rank
Purpose Focus:	2/100	1 impact startups	85th Rank
Equity Asked:	37/100	not available	42nd Rank
Investment Offered:	76/100	75,000 €	23rd Rank

Business Model:	Equity
Duration in Weeks:	12
Next Application Deadline:
Applications usually open:	July
Next Starting Date:	Friday, 01/09/2023

Techstars Smart Mobility Accelerator

Popularity Score:	100/100	23.08% of founder vote	1st Rank
Foreign-Born Founders:	70/100	63% foreign-born founders	20th Rank
Female Founders:	74/100	28% female founders	20th Rank
Investments Score:	3/100	61,969,719 € raised	68th Rank
Follow-on Funding Rate:	82/100	64% of startups	9th Rank
Job Creation:	3/100	189 jobs created	79th Rank
Purpose Focus:	5/100	2 impact startups	69th Rank
Equity Asked:	78/100	6% equity	15th Rank
Investment Offered:	93/100	115,064 €	7th Rank

Business Model:	Equity
Duration in Weeks:	13
Next Application Deadline:	Monday, 25/07/2022
Applications usually open:	July
Next Starting Date:	Monday, 13/02/2023

Wayra UK

Popularity Score:	99/100	5.35% of founder vote	12th Rank
Foreign-Born Founders:	48/100	43% foreign-born founders	44th Rank
Female Founders:	34/100	13% female founders	72nd Rank
Investments Score:	34/100	607,019,636 € raised	14th Rank
Follow-on Funding Rate:	92/100	71% of startups	5th Rank
Job Creation:	27/100	1499 jobs created	14th Rank
Purpose Focus:	10/100	4 impact startups	46th Rank
Equity Asked:	0/100	0% equity	th Rank
Investment Offered:	44/100	40,000 €	51st Rank

Business Model:	Corporate sponsor
Duration in Weeks:	13
Next Application Deadline:
Applications usually open:	June
Next Starting Date:

Fongit

Popularity Score:	92/100	0.67% of founder vote	76th Rank
Foreign-Born Founders:	54/100	48% foreign-born founders	37th Rank
Female Founders:	52/100	20% female founders	35th Rank
Investments Score:	20/100	356,005,429 € raised	26th Rank
Follow-on Funding Rate:	65/100	50% of startups	16th Rank
Job Creation:	7/100	370 jobs created	54th Rank
Purpose Focus:	14/100	6 impact startups	36th Rank
Equity Asked:	89/100	5% equity	8th Rank
Investment Offered:	66/100	53,254 €	32nd Rank

Business Model:	Equity
Duration in Weeks:	156
Next Application Deadline:	Rolling Admission
Applications usually open:
Next Starting Date:

Antler Amsterdam

Popularity Score:	100/100	11.04% of founder vote	3rd Rank
Foreign-Born Founders:	59/100	52% foreign-born founders	31st Rank
Female Founders:	60/100	23% female founders	27th Rank
Investments Score:	3/100	46,002,092 € raised	75th Rank
Follow-on Funding Rate:	41/100	32% of startups	45th Rank
Job Creation:	4/100	214 jobs created	74th Rank
Purpose Focus:	10/100	4 impact startups	46th Rank
Equity Asked:	38/100	12% equity	41st Rank
Investment Offered:	81/100	95,886 €	18th Rank

Business Model:	Equity
Duration in Weeks:	9
Next Application Deadline:	Rolling Admission
Applications usually open:
Next Starting Date:	Friday, 01/09/2023

Metavallon

Popularity Score:	90/100	not available	99th Rank
Foreign-Born Founders:	43/100	38% foreign-born founders	54th Rank
Female Founders:	27/100	10% female founders	89th Rank
Investments Score:	11/100	206,161,942 € raised	42nd Rank
Follow-on Funding Rate:	100/100	77% of startups	1st Rank
Job Creation:	5/100	251 jobs created	69th Rank
Purpose Focus:	10/100	4 impact startups	46th Rank
Equity Asked:	37/100	not available	42nd Rank
Investment Offered:	97/100	200,000 €	4th Rank