Buildit Accelerator

What they do

Buildit is the first accelerator in the Baltic States and Nordic countries with the focus on physical devices & IoT. Apply at www.buildit.lv At Buildit you don't just get a product accelerator. You get a partner in development that's invested in seeing you succeed raising the Seed investment. Buildit offers a 4-month program of intensive mentoring, product and business development and a follow-on individual mentoring program (up to 2 years): - 20-50 K EUR Pre-Seed cash investment per start-up and possible follow on Seed investment of up to 250k EUR; - free open office space in the centre of Riga, Latvia during the acceleration program (4 months); - free and discounted services from partners, incl. server space, licenses, development tools, design services, testing facilities, marketing services, legal, accounting and banking services, interns, etc. Buildit is supported by Altum Accelerator program, which is financed from the European Regional Fund.

What they look for

Focuses on hardware and IoT startups, taking them from prototype to market-readiness and scale across B2B and B2C domains.

Stage

Pre-seed, Seed

Sectors

Deeptech, SaaS, Climate, Mobility and logistics, Healthcare

Based

Riga, LV