Buildit Accelerator

Run by Buildit.

Buildit is a four-month hardware accelerator in Riga, followed by a seed fund and a follow-on support programme running two or more years. Pre-seed investment is up to EUR 50,000 as a convertible loan with a discount and valuation cap, and selected Build-On graduates can receive up to EUR 250,000 as an equity stake at seed. The equity percentage is not published, since it depends on the pre-round valuation and other investors joining. Sectors span robotics, manufacturing, energy, mobility, healthtech and AI.

Investment
€50,000 (At Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken
Not disclosed
Duration
17 weeks (Shorter than Europe & C. Asia median 26 wks · Shorter than global median 20 wks)
Format
hybrid
Cadence
biannual
Location
Riga, Latvia

Sectors

How to apply

Official website

This programme has notes explaining its undisclosed figures, available in the full dataset.

Sources

Every figure above is taken from these pages, published by the programme or its parent organisation.

Other accelerators in Riga

Last verified 2026-09-05.