The Latvian startup Ajelix began as a niche Excel formula generator built after hours without VC support. Today it has attracted over 350,000 users globally and continues to grow organically.
Latvian fintech Handwave announced an expanded partnership with Visa that will integrate Visa’s tokenisation and fraud‑prevention tools into Handwave’s palm‑recognition payment platform, paving the way for biometric card onboarding and payments to be launched first in the Baltics and then across Europe.
In a EU‑Startups podcast, PrintyMed founder and CEO Jekaterina Romanova discussed the Latvian biotech startup’s biomimetic spider‑silk technology, its €2 million in EU grant funding, and plans to expand into Saudi Arabia while focusing on organ‑on‑a‑chip membranes for drug testing.
Bittnet Systems sold a 61.68% stake in Elian Solutions to Latvian company Digmatix for 6 million EUR
French startup Alta Ares raised a €50m Series A to increase production of its AI-powered air defence systems