FlyCap is a private equity fund that provides growth capital for Latvia and Europe based SME’s in form of investments in equity and mezzanine capital.
FlyCap manages two funds:
- "FlyCap Investment Fund I” launched in August 2013 with the total fund size of 15.75 MEUR. The Investment period of the Fund has expired.
- "FlyCap Mezzanine Fund II" launched in September 2019. The Fund is open for new investment opportunities! Find more information on our homepage.
FlyCap manages two funds:
- "FlyCap Investment Fund I” launched in August 2013 with the total fund size of 15.75 MEUR. The Investment period of the Fund has expired.
- "FlyCap Mezzanine Fund II" launched in September 2019. The Fund is open for new investment opportunities! Find more information on our homepage.
Location: Latvia, Vidzeme, Riga
Employees: 1-10
Founded date: 2013
Investment Type: Venture Capital
Portfolio 22
| Date | Name | Website | Total Raised | Location |
| 27.04.2023 | Elmo | elmoremote.com | $2.87M | Estonia, P... |
| - | HansaMatri... | hansamatrix.com | - | Latvia, Vi... |
| - | Polylabs | polylabs.eu | - | Latvia, Vi... |
| - | LOR Klīnik... | lorklinika.lv | - | Latvia, Ri... |
| - | Arsenal In... | arsenalnoma.lv | - | Latvia, Vi... |
| - | AirDog.com | airdog.com | $2M | United Sta... |
| - | Latgales G... | latgalesgranulas.lv | - | Latvia, La... |
| - | Purified | purified.eu | - | Latvia, Tu... |
| - | MolPort | molport.com | - | Latvia, Vi... |
| - | Sonarworks | sonarworks.com | $12.36M | Latvia, Ri... |
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Mentions in press and media 6
| Date | Title | Description |
| 22.10.2025 | FlyCap launches Private Debt Fund III | With the achievement of its private investment fundraising target, the private equity fund manager FlyCap has begun financing companies. Following the conclusion of the first subscription phase, the fund’s total volume stands at €42 million... |
| 28.07.2025 | LatBAN invests in venture capital funds Buildit VC and Outlast Fund | Members of the Latvian Business Angel Network (LatBAN) have collectively invested EUR 500,000 in the venture capital funds Buildit VC and Outlast Fund. This collaboration aims to build a closer connection between private investors and profe... |
| 27.04.2023 | Estonian startup Elmo raises €2.6M to develop remote EV technology | Estonian startup Elmo raises €2.6M to develop remote EV technology 27 April, 2023, 16:33 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Tallinn-based startup Elmo has rais... |
| 29.03.2021 | 10 to 35% of Women Co-Founded Companies Receive Support From Accelerators and Venture Capital Funds | The percentage of startups co-founded by women, receiving the accelerator fund programme and venture capital support in Latvia, is 10 to 35%. Not all investors collect such information. Some have activities specifically targeted at the fema... |
| 28.07.2014 | Mailigen Receives over $500K in Seed Funding | Mailigen, a New York City, NY-based provider of an integrated marketing service, received an over $500k seed funding. Backers included investors from Europe, Asia and the U.S., with the biggest part being raised from FlyCap, a Latvia-based ... |
| - | Стартап виза: Латвия | Как сделать первый шаг к успешному успеху, если ты родился в СНГ? Латвия - это бюджетное и простое место, чтобы зарегистрировать будущего единорога, получить внж, бюджетно запуститься в Европе и поднять инвестиции. 13 13 комментариев Форум ... |