Buildit Accelerator Overview
Buildit VC is a venture capital firm based in Riga, Latvia, focusing on early-stage hardware and IoT startups. Established in 2013 in Estonia, it has evolved from offering €10,000 seed tickets to becoming a full-fledged venture capital fund capable of investing up to €1.5 million in visionary startups. Buildit has supported over 100 startups across 18 batches, providing both pre-seed and seed funding, along with a tailored acceleration program that includes mentoring, legal support, and manufacturing site visits.
Is Buildit Accelerator the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Buildit Accelerator, along with a list of other relevant VCs, is available on Hopohopo.io.
Buildit Accelerator
Investment focus
Invest in
- Baltics
- Nordics
- Western Europe
- Southern Europe
- Central Eastern Europe
Product type
- Software
- Hardware
- Software-enabled hardware
Industries / verticals
- Consumer Electronics & Smart Home (non-wearable)
- Engineering / Manufacturing
- Industrial Automation
Investment role
Lead and follow
Stages
Pre-seed, Seed
First ticket size
€10,000 - €1,500,000
Contact information
Project Manager and Analyst
Merey Beisembayev
Founding Partner
M Green
Business Mentor
Matiss Neimanis
Finance Manager/Partner
Rudolfs Neimanis
How to approach funds like Buildit Accelerator
When reaching out to Buildit VC, founders should highlight their team's technical depth and readiness to iterate rapidly, as Buildit values hands-on founders who can leverage both hardware and software to solve real-world problems. Demonstrate a clear path to scalable manufacturing and early market traction, as Buildit is keen on startups that can bridge the gap between prototype and production. Articulate how your solution fits into the broader IoT ecosystem and be prepared to discuss your go-to-market strategy, especially if you can show early customer validation or pilot deployments.
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