Fund profile / Latvia

Outlast Fund I

Geography: Latvia
Stage: Pre-Seed
Fund size: €21M
Focus: AI/ML, Cybersecurity, Deep Tech and Digital Health
Signals: Published

N°01 / About

About Outlast Fund I

Sector-agnostic with primary focus on B2B SaaS, fintech, digital health, AI infrastructure, deeptech/hard science, cyber, e-commerce enablers. Pre-seed up to €250k, Seed up to €1.5M. 30–40 investments, 25% outside Baltics.

N°02 / Thesis

Investment Focus

Location / RegionLatvia

Funding StagePre-Seed

Industry Focus

AI/ML

Cybersecurity

Deep Tech

Digital Health

E-Commerce

FinTech

SaaS

Investor Signals Profile

active

Sweet Spot

Disciplined pre-seed/seed B2B/deep-tech founder, Baltics/Nordics, with traction

B2B SaaS

AI Infrastructure & Applied AI

Deep-tech & Hard Science

Digital Health

Fintech & Cyber

Bullish Signals

€21M fund, right-sized for early stageexternal

Follow-on reserve up to €1.5Mexternal

Dual HQ: Riga & Stockholm networkexternal

2–3 week decision, no committee circusexternal

Shipyard partnership, June 2026 cohortexternal

Flexible ticket: €50K–€250K, deal-shapedwebsite

Lead AND follow — no ego on rolewebsite

Cyber added to fintech verticalwebsite

Backs global-stage Baltic AI builderswebsite

Hands-on: intros, hiring, follow-on helpwebsite

Mission: enduring companies, not trend-chaserswebsite

AI artifact routing problem focuswebsite

Invested Display.dev: model output routingwebsite

Substance over speed — long-term valuewebsite

Thoughtful progress, ruthless problem-solving ethoswebsite

Zero tolerance for empty trend-chasingwebsite

Contrarian Signals

Generalist — sharpness may vary by sectorexternal

Small fund limits large follow-onexternal

Consumer/marketplace only with strong tractionwebsite

Outside core verticals? IP/team bar highwebsite

Founder Do's

Send tight deck, max 10 slides

Show working product or prototype

Cold outreach OK — be brief & direct

Share honest updates quarterly

Ask for help early when stuck

Explain market why & status quo problem

Show what you've tried already

Founder Don'ts

No napkin ideas or unexecuted research

No radio silence or polished excuses

No trend-chasing without substance

No vanity metrics or busywork reporting

31 signals on Outlast Fund I

16 bullish · 4 contrarian · 7 pitch do's · 4 don'ts, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size€21M

Saves0

Website

People

Key People

Egita Polanska, Marija Rucevska, Kristaps Prusis, Mikaela Pedersen

N°04 / See also

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