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Early-Stage Hardware Investment Programme Grant

••••• organisation

A climate venture fund based in Latvia

In context

This call is open to startups, at seed stage and Series A. Funding is an equity investment of Up to $1,650,000. Coverage is read from the notice itself: Lithuania, Latvia and Estonia and 5 others.

Summary

Seed and follow-on investment programme providing up to €1.5M for IoT and hardware startups with early customer traction and clear growth strategies. Prioritizes companies in the Baltics and Nordics but open to all EU countries.

Summary by Raise Lens from the official notice · 27 Sept 2026Accurate?

About this grant

Buildit is a venture capital accelerator and investment fund focused on developing IoT and Hardware success stories. The fund offers investment at two stages: Preseed stage with investments up to 250,000 EUR for startups incorporated or predominantly running business from Latvia with an MVP and market-founder fit; and Seed stage/follow-on investments up to 1.5 million EUR for startups preferably from the Baltics and Nordics (possibly any EU country) demonstrating early traction, a customer base, and clear growth strategy. …

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Frequently asked questions

How much funding does this grant offer?
Early-Stage Hardware Investment Programme offers up to $1.6M.
Who can apply for Early-Stage Hardware Investment Programme?
Eligibility covers organisations in LT, LV, EE, SE, NO, DK and 2 more countries; startup. The full eligibility conditions are part of the Pro detail.
Up to $1.6M
Deadline not stated · check listing
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Quick facts

EligibilityLT, LV, EE, SE, NO, DK, FI, EU
Org typesstartup
Last verified27 Sep 2026