
Buildit Accelerator
AI Verified
Latvia
Accelerator/Incubator
20, Elizabetes iela, Centre, Riga, Vidzeme, LV-1050, Latvia
2013
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Regions | Central & South Asia, Eastern Europe, North America, Northern Europe, Western Europe |
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Stage | Seed, Series A, Pre-Seed |
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Company description
Buildit Accelerator operates as a specialized early-stage venture capital fund with a distinct focus on hardware innovations. The fund strategically targets investments in the Industry 4.0 ecosystem, providing crucial financial support to emerging companies throughout the Baltic and Nordic regions. With a concentrated investment approach on pre-seed and seed funding rounds, Buildit positions itself as a key enabler for hardware startups navigating the critical initial phases of development and market entry.
The fund's investment thesis centers on transformative technologies reshaping traditional industries through automation, connectivity, and data-driven solutions. Buildit recognizes the unique challenges hardware startups face compared to their software counterparts, including longer development cycles, manufacturing complexities, and capital-intensive requirements. This specialized understanding allows the fund to provide not just financial resources but also tailored guidance on supply chain management, production scaling, and hardware-specific go-to-market strategies that address the distinct needs of physical product companies.
Beyond capital injection, Buildit leverages its extensive network across the Nordic-Baltic technology ecosystem to facilitate valuable connections between portfolio companies and potential customers, manufacturing partners, and follow-on investors. The fund's geographic focus encompasses Estonia, Latvia, Lithuania, Finland, Sweden, Norway, and Denmark—regions increasingly recognized for their engineering talent, technical universities, and supportive startup infrastructure. This regional expertise enables Buildit to identify promising hardware innovations that might be overlooked by more generalist investors.
Portfolio companies benefit from Buildit's hands-on approach to hardware acceleration, which includes specialized mentorship from industry veterans, prototyping support, and strategic guidance on intellectual property protection. The fund's investment committee combines backgrounds in hardware engineering, manufacturing, supply chain management, and venture capital—bringing multifaceted expertise to investment decisions. By focusing exclusively on the hardware sector within Industry 4.0, Buildit has positioned itself as a specialized partner for entrepreneurs developing tangible solutions in fields such as industrial IoT, robotics, advanced manufacturing, sensor technologies, and smart infrastructure across Northern Europe.
Highlights
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Frequently asked questions
Buildit Accelerator maintains its global headquarters in Latvia, serving as the strategic center for its operations. The company's primary corporate offices are located at 20, Elizabetes iela, Centre, Riga, Vidzeme, LV-1050, Latvia.
Buildit Accelerator focuses its investment activities on companies operating in the following stages: Seed, Series A, Pre-Seed. Buildit Accelerator provides strategic capital and expertise to support promising businesses at these critical phases of development.
Buildit Accelerator maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Central & South Asia, Eastern Europe, North America, Northern Europe, Western Europe.
Buildit Accelerator was established in 2013, marking the beginning of its journey as an investment firm.
Buildit Accelerator is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.