| Date | Title | Description |
| 26.02.2026 | Startup turnover and tax contributions continue to grow | At the end of 2025, there were 569 startups operating in Latvia. Although the total number of businesses has not increased significantly in recent years, the sector’s contribution to the economy continues to rise — in terms of turnover, emp... |
| 12.02.2026 | Baltic startup funding surged to €607 million in 2025 as early-stage investment expands | Baltic startup funding rose in 2025, with total venture capital deployed in Lithuania, Latvia, and Estonia startups reaching €607 million, up from €505 million in 2024.
The details of this trend are unpacked in the newly released annual Bal... |
| 29.11.2025 | Quantum Systems Soars to $3.5B Valuation Amidst European Defense Tech Boom | German drone maker, Quantum Systems, secured $208M, valuing it at $3.5B. The company, specializing in dual-use drones, strengthens its position in the booming European defense tech sector. It plans expansion across air, land, and sea domain... |
| 30.10.2025 | The biggest European robotics deals in H1 2025 | In the first half of 2025, European robotics financing totalled €618.7 million across 33 deals, roughly 1.8 per cent of all European tech capital (€33.7 billion) and 1.7 per cent of deal volume (1,941 deals).
While robotics remains a focuse... |
| 03.09.2025 | More than €1.2 billion raised by EIC Scaling Club members | The EIC Scaling Club’s 120 European deep tech scaleups have collectively raised over €1.2 billion in funding within the scope of the programme. The milestone was announced by Stéphane Ouaki, Acting Director of the European Innovation Counci... |
| 26.08.2025 | During the first half of 2025 startup funding surged by 700% | Funding raised by Latvian startups during the first half of 2025 has increased by more than 700% compared to the same period a year earlier. The total investment volume reached €70.1 million, already several times more than all the funding ... |
| 06.06.2025 | Aerones: $62 Million Raised For Robotic Solutions For Wind Turbines | Aerones, a leading provider of robotic inspection, maintenance, and AI-driven solutions for wind turbines, announced that it has secured $62 million in capital in a significantly oversubscribed financing.
This funding round was co-led by Ac... |
| 04.06.2025 | Aerones: The Future of Wind Turbine Maintenance Takes Flight | In the heart of Latvia, a revolution is brewing. Aerones Ltd., a pioneer in robotic inspection and maintenance for wind turbines, has secured a staggering $62 million in funding. This investment is not just a financial boost; it’s a launchp... |
| 04.06.2025 | Aerones Raises $62M in Funding | Aerones, a Riga, Latvia-based provider of robotic inspection, maintenance, and AI-driven solutions for wind turbines, raised $62M in funding.
The round was led by Activate Capital and S2G Investments with participation from Carbon Equity an... |
| 03.06.2025 | Aerones secures $62M to accelerate global expansion | Aerones, the provider of robotic inspection, maintenance, and AI-driven solutions for wind turbines, has secured $62 million in capital to accelerate its global expansion and technology development. With this investment, the company will si... |
| 03.06.2025 | AI-driven robotic wind turbine maintenance firm Aerones raises $62M
Your vote of support is important to us and it helps us keep the content FREE.
One click below supports our mission to provide free,... | Latvia-based Aerones Ltd., a world-leading provider of artificial intelligence-driven robotic inspection and maintenance of wind turbines, today announced it has raised $62 million to expand its operations and develop its technology stack.
... |
| 24.04.2025 | Bridging the Baltic and the Bay: The Role of Ģirts Graudiņš in US Startup Ecosystem | In the vast landscape of global entrepreneurship, few stories resonate as powerfully as that of Ģirts Graudiņš. A seasoned Latvian-American tech entrepreneur, he embodies the spirit of innovation and mentorship. With over two decades of exp... |
| 23.04.2025 | Investor Showcase: Angel investor Ģirts Graudiņš helps open doors to the US | Ģirts Graudiņš
, a seasoned Latvian-American tech entrepreneur, brings over two decades of Silicon Valley experience to the Baltic startup scene. Having built and led engineering teams for numerous US startups, his focus now lies in identif... |
| 20.03.2025 | Latvia: A startup-friendly tech ecosystem | Latvia’s tech ecosystem is expanding rapidly, with fintech, AI, and health tech among its key sectors. In 2024, Latvian tech companies raised approximately €34.9 million. While total funding has declined since 2021, strong collaborations wi... |
| 28.01.2025 | Latvian startup scene highlights: 2024 edition | Just about when plenty of new-year-new-me’s have already ended, and the “another year has passed” nostalgia has decreased, we’re here with the 2024 edition of the Latvian startup scene highlights.
Fundraising is a good marker for success. H... |
| 12.12.2024 | UK eyeing (and seeing) business opportunities in Latvia | Latvia is an underrated, digitally-forward country. Many factors make it an attractive destination to do business, such as a fully digitalized business environment that offers the ability to launch a business online in 10 minutes, ubiquitou... |
| 28.11.2024 | Naco Technologies scales hydrogen innovation and joins forces with the EIC Scaling Club | For those keeping tabs on the Latvian startup scene, Naco Technologies is a familiar name. The team behind this innovative science and technology company has been at the forefront of developing smart coatings for various industries for over... |
| 22.10.2024 | Aerones tests its technology in the sea by Scotland | Wind turbine maintenance and diagnostics robot manufacturer and service provider, Aerones, has successfully conducted technology tests on an offshore turbine in Scotland. This achievement strengthens the startup’s position in the field of r... |
| 10.10.2024 | Latvian startups encourage not to fear bold moves and expand business to the USA | The largest historical visit of the Latvian business delegation to the USA has concluded. Among the participants were successful Latvian startups that, unlike many other entrepreneurs, are already operating successfully in this vast market.... |
| 26.09.2024 | Latvia’s top startups to be honored for the second consecutive year | The second annual Latvian Startup Awards will be held on December 6 to celebrate innovative solutions and entrepreneurial excellence. Startups can apply directly or be nominated via the event’s website. A panel of experts will determine win... |
| 02.09.2024 | Latvia’s emerging tech ecosystem | While still developing, Latvia's tech ecosystem shows promising signs of growth and potential.
Despite challenges such as a slower public sector response and significant brain drain, initiatives like stock option policies, a startup visa, a... |
| 17.06.2024 | Checking in with Latvia's buzzing startup scene | During the first half of 2024, Latvia’s startup scene has been abuzz with events and new initiatives, including the launch of the new Startup House and a first-of-its-kind-in-the-Baltics technology education programme – StartSchool. With Te... |
| 28.03.2024 | EIC Scaling Club announces its first 48 European deeptech scaleups | Today the EIC Scaling Club unveiled the selection of the first 48 European deep tech scaleups to join its curated community of standout companies, investors, corporate innovators, mentors, media firms and other industry stakeholders.
The li... |
| 09.01.2024 | Latvian Aerones receives €4.4M grant from EU’s Innovation Fund | Latvian Aerones receives €4.4M grant from EU’s Innovation Fund
09 January, 2024, 11:19
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Aerones, a Riga-based company specialising... |
| 08.01.2024 | Latvia’s Aerones secures €4M+ grant from EU to produce and deploy robots that repair wind turbine blades | Read this article in:
Riga, Latvia-based Aerones, a provider of robot-enabled wind turbine maintenance and inspections service, announced that it has secured €4,416,000 grant from the EU’s Innovation Fund.
The company will use the funds to ... |
| 03.01.2024 | Big offshore wind farms are now transmitting sweet, sweet battery juice to the US grid | Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid.
Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, deve... |
| 29.12.2023 | Aerones receives €4.4 million grant to scale production | Aerones, the robotic wind turbine maintenance and inspection company, has received a €4.4 million grant from the European Union Innovation Fund for highly innovative, scalable and ambitious infrastructure projects aimed at reducing CO2 emis... |
| 04.09.2023 | Latvian startup scene overview: August 2023 | Among the chaos of thunder, lightning, hailstorms, and whatnot, last month delivered the local startup scene freshly baked funding news and exciting announcements from VCs and other investors.
Plus, the first-ever Latvian Startup Awards pub... |
| 22.06.2023 | The CEE’s Robotics Vanguard: A Spotlight on 15+ Leading Innovations | Bulgaria, Estonia, Greece, Hungary, Latvia, Poland, Romania, Slovakia ~
Company:
The global robotics industry is experiencing significant growth, with the market size projected to increase from $16.78 billion in 2022 to $35.68 billion by 20... |
| 16.01.2023 | Aerones Raises $30M in Funding | Aerones, a Riga, Latvia-based leader in robot-enabled wind turbine maintenance and inspection, raised $30M in funding.
The round was led by Lightrock and Haniel, with participation from Blume Equity, Change Ventures, Metaplanet and Mantas M... |
| 16.01.2023 | Latvian robotics startup Aerones secures $30M for further grow | Latvian robotics startup Aerones secures $30M for further grow
16 January, 2023, 17:12
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Riga-based company that develops robotic... |
| 16.01.2023 | Keeping the turbines turning, Latvia’s Aerones raises $30 million | Riga-based robot-enabled wind turbine maintenance and inspection startup Aerones has raised $30 million in Series A round. According to the company, this fresh capital will be used to further up the number of field-deployed robot service te... |
| 16.01.2023 | Riga-based Aerones secures €27.7 million to propel forward efficiency in the wind turbine maintenance market | - |
| 16.01.2023 | Latvia-based Aerones grabs €27M to revolutionise wind turbine maintenance | Riga-headquartered Aerones, a provider of robot-enabled wind turbine maintenance and inspections service, announced on Monday that it has closed $30M (€27M) in growth capital in a round co-led by Lightrock and Haniel.
Blume Equity, Change V... |
| 30.12.2022 | Aerones secures further $38.9 million investment | Latvian robotics startup Aerones has raised a $38.9 million investment, TechCrunch reports. It is the largest investment secured by a Latvian startup in 2022.
Prior to this announcement, Latvian startups had raised a total of €61 million th... |
| 30.12.2022 | This Week in European Tech: Meta buys Luxexcel, Aerones nabs $38.9 million, Infineon ready to spend billions of euros on take-overs, and more
24 May in Brussels Expo
What happened this week in Europ... | This week, right before the start of the new calendar year, our research team tracked more 20 tech funding deals worth over €141+ million, and more than 10 exits, M&A transactions, rumours, and related news stories across Europe
We also... |
| 28.12.2022 | Latvian robotics startup Aerones secures ＄39M in a Series A round | Latvian robotics startup Aerones secures ＄39M in a Series A round
28 December, 2022, 14:56
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Riga-based company that develops rob... |
| 27.12.2022 | This Startup Uses Robots to Clean Wind Turbines, Secures $38.9 Million Funding | Jace Dela Cruz, Tech Times 27 December 2022, 11:12 pm
Aerones, a robotics business that cleans and inspects wind turbines instead of people, just raised $38.9 million from a large number of unnamed investors, according to a report by TechCr... |
| 27.12.2022 | Clean energy: Scrubbing wind turbines with robots nets Aerones $39M | Aerones, a robotics startup that scrubs and inspects wind turbines so humans don’t have to, secured $38.9 million in fresh funding this month from dozens of undisclosed investors, TechCrunch has learned.
Wind turbines produce clean energy, ... |
| 10.05.2022 | Why we invested: Aerones — streamlining wind energy operations & maintenance with robots | Wind energy has been on a tear recently. For the first time in history, wind power was the second-largest source of electricity in the US for an entire day on last March 29th
, surpassing coal and nuclear in particular. Wind energy was also... |
| 28.04.2022 | Aerones raises $9M to scale on-site robotic operations for global wind energy operators | Aerones, the company that builds robots to automate and scale wind turbine inspection and maintenance, raised a $9M seed round to scale production, expand services and meet fast-growing demand. The round was led by Future Positive Capital, ... |
| 28.04.2022 | Aerones raises $9m to take a slice of the $30bn wind turbine maintenance market | The wind turbine industry is growing fast and with that, the demand for repairs. A good time for Latvian startup Aerones then, which has designed a family of robots that can fix many of the most common faults that wind turbines develop in a... |
| 28.04.2022 | Aerones raises $9M to inspect wind turbines with robots | - |
| 28.04.2022 | Aerones raises $9M to inspect wind turbines with robots | A strange byproduct of writing about robots all the time is getting strange bits of insight into jobs you’d never really considered. Like, it makes sense, certainly, that it’s someone’s job to inspect and clean wind turbines, but the though... |
| 21.11.2021 | Energy prices are higher than ever – here's what the tech community can do to help | With the heating season upon us and after various messages from heating and electricity providers, many have noticed their utility bills are higher than normal. It’s not only in Latvia – all across Europe we’re facing hikes in energy prices... |
| 29.01.2021 | 10 Latvian startups making the world a better place | In times when there’s a lot of uncertainty, it’s particularly helpful to take a look at those who are devoting their everyday lives to pursue startups that are making this world a better place.
Without further ado, let’s get into it – 10 La... |
| 19.11.2020 | Aerones to expand to the offshore wind turbine market with 2.5M grant | Aerones has secured a grant from the European Maritime and Fisheries Fund (EMFF) to fund 2.5M EUR in R&D to develop offshore capabilities of its established onshore wind turbine blade inspection, maintenance, and repair solution.
The gr... |
| 16.06.2020 | Aerones raises $1.6M and drops the drones | Aerones
has raised $1.6M in seed funding to develop a ground-based robotics system for wind turbine maintenance and inspection and expand to the USA, thus pivoting from their previous drone focus.
The startup has finalized the launch of a r... |
| 16.06.2020 | Aerones abandons industrial drones to focus on ground-based robotics as it raises $1.6M | Way back in 2018, Aerones detailed its plans to use large, industrial drones to clean wind turbines. The company had already raised $3.6 million to date and moved from Latvia to the San Francisco Bay Area. But things change fast in the worl... |
| 16.06.2020 | Latvian drone startup Aerones raises $1.6 million and pivots to ground-based tech to help wind power industry | Latvian drone startup Aerones has announced a $1.6 million seed investment and a whole new direction for the business: the funding will go toward a ground-based robotics system for wind turbine maintenance and inspection. The round was back... |
| 06.08.2019 | Latvia’s Aerones raises €2.7 million for its firefighting, building-cleaning and wind turbine-managing drones | Latvian drone startup Aerones has just raised 2.7 million euros from the InnoEnergy investment platform to continue developing its technology and prepare its manufacturing platform with the implementation of a global franchise business mode... |
| 05.08.2019 | Drone startup Aerones raises and additional 2.7 million EUR, plans on franchising | Aerones
, the Latvian drone startup, has raised 2.7 million EUR from the InnoEnergy
investment platform to continue developing their technology.
InnoEnergy supports projects that are connected with sustainable energy use. Aerones emphasizes... |
| 05.12.2018 | Deep learning Slack bot Meeshkan wins Slush 100 startup competition | Meeshkan, a company whose Slack bot helps engineers monitor and train machine learning models without leaving the team chat app, has been named winner of the Slush 100 startup competition. Meeshkan works with popular frameworks like PyTorch... |
| 05.12.2018 | Deep learning Slack bot Meeshkan wins Slush 100 startup competition | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Meeshkan, a company whose Slack bot helps enginee... |
| 19.03.2018 | Here are 64 startups that launched today at Y Combinator’s W18 Demo Day 1 | Biotech, robotics, and fintech startups took the spotlight today at Y Combinator’s 26th Demo Day. This batch features 141 total companies from 23 countries, with presentations spread over two days. The house was packed at Mountain View’s Co... |
| 19.03.2018 | 14 Companies From YC Winter 2018 | Meet 14 companies that announced they’re part of the YC Winter 2018 batch. You can see more companies from the Winter 2018 batch here, here, here, here, here, and here.
LUS Brands tackles the $50B+ global curly hair market. LUS bootstrappe... |
| 17.03.2018 | Aerones makes really big drones for cleaning turbines and saving lives | Enthusiasts will talk your ear off about the potential for drones to take over many of our dirtiest, dullest and most dangerous tasks. But most of the jobs we’ve actually seen drones perform are focused on the camera — from wildlife surveyi... |
| - | Deep Dive: What makes Latvia’s startup world tick | With a population of just under two million, Latvia may be one of the smaller countries in Europe, but its innovative strength is impressive even within Europe. The capital city of Riga in particular has developed into a dynamic center for ... |
| - | Aerones | “Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park” |
| - | Стартап Aerones привлек $9 млн на разработку роботов для очистки ветрогенераторов | Фото: Aerones
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С развитием технологий роботы стали использоваться для облегчения человеческого труда даже в тех сферах, о которых мало кто задумывается. Сегодня мы расскажем про стартап, который создает роботов ... |
