BADideas.fund has just had its first exit! 🔥🔥🔥 Just two years ago, our community of 250 unicorn builders backed RoomPriceGenie with a €170,000 investment. At the time they had fewer than 1,000 customers and a big market opportunity. Today, they serve more than 3,000 hotels worldwide and have secured a $75M investment. Raimonds Kulbergs: "This exit is a huge milestone for BADideas, it proves our ability to spot globally ambitious founders. And with our new €22M fund, we're doubling down!" If you're building something bold, we should talk 👉 badideas.fund
BADideas.fund
Venture Capital and Private Equity Principals
"All unicorns seemed like bad ideas initially” -Paul Graham
About us
At BADideas.fund, we aspire to be the kind of investors we wanted when we were building our startups. We invest €50-€250K tickets in early-stage startups from CEE with global ambitions. BADideas.fund is led by experienced entrepreneurs who have walked the startup building path, have raised funds from investors and can help founders navigate around obstacles they encounter along the way. Among BADideas.fund members are founders and operators, who’ve been building such companies as Vimeo ($450M funding), Printify ($54M), Pandadoc ($51M), Pipedrive ($90M), Bolt ($1.3B funding), Apollo.io ($151M), Bird ($783M funding), Shopify ($122M), Whimsical ($30M), Lokalise ($56M), Deel ($679M), Printful ($130M), Twilio ($614M), Veriff ($192.3M), Wise ($1.3B funding). Since the recent launch, BADideas.fund has invested in five startups already, among which: Breezit (Lithuania), Recruitlab (Estonia), Lande (Latvia), Fuel Finance (Ukraine) , Rapidworks (Estonia).
- Website
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https://badideas.fund/
External link for BADideas.fund
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Type
- Privately Held
Employees at BADideas.fund
Updates
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A shout-out to everyone who attended the TechChill warm-up party, which we co-hosted with Vendep Capital and Superhero Capital. It was great to bring together founders, investors, and ecosystem friends for conversations, networking, and—for those up for it—the 🔥 sauna. Check out the highlights from the evening below. 📸 Laima Kalniņa
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No better time to be a founder in the Baltics/CEE than now! We are launching our oversubscribed BADideas €22M fund- ready to back ambitious founders together with our network of 250+ unicorn builders. Apply here 👉 https://lnkd.in/d_TnUqeu
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🚀 BADideas.fund is coming in hot for TechChill 2025! Here’s everything you need to know to get ready for next week. Feb 5: Fintech Roundtable | 6:00 PM - 6:40 PM @ Fantadroms | Mārtiņš Pjalkovskis will discuss the future of Baltic fintech. Register: lu.ma/m4ce1ta0 Feb 5: Scaling B2B SaaS | 6:00 PM - 8:00 PM @ TRIBE Riga City Centre Hotel | Learn how Salesforge 🔥 scaled to $3M ARR with V. Frank Sondors 🥓 and Lauris Lietavietis. Register: lu.ma/from0to3 Feb 6: DeepTech Breakfast | 8:30 AM - 10:30 AM @ Startup House Riga | Tech talks, founder stories, and networking over breakfast. Register: lu.ma/2edf8b8w Feb 6: Founders Stage Hosting | All Day | Madara Knutina will be your guide on the Founders stage, keeping the action flowing. Feb 7: Reverse Pitch | 11:10 AM - 11:50 AM @ Founders Stage | Mārtiņš Pjalkovskis flips the script, pitching to founders and sharing what makes BADideas.fund special. Feb 7: Life After M&A Panel | 2:50 PM - 3:20 PM @ Founders Stage | Raimonds Kulbergs will discuss navigating life after a merger or acquisition—perfect for founders planning their next big move. ✨ More surprises to come—including the announcement of our €250K check for the 50 Founders Battle winner! Don’t miss it, and please come chat anytime—just look for the BADideas sweaters walking around! Oh, and to kick things off… On Feb 5 @ 7:00 PM - 1:00 AM at Startup House Riga, Jurģis Kalniņš will host karaoke night during the Startup Ecosystem Mixer! Unwind, sing, and connect. Register: lu.ma/tm5nymtk 🎫 P.S. Get 20% off tickets with the code: TechChill2025xBADideas techchill.co/get-pass
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BADideas.fund reposted this
#fundraisingschool is out and with that the second run of my favourite BADideas.fund project is over. I've posted plenty about the stellar founders, investors and 💰 numbers, all of which obviously matter, but here's how else I like to measure #success: - A #founder shared that the vibe & culture was so upbeat, our sessions brought him much-needed joy in otherwise cumbersome founder day-to-day ❤️ - I found a true #partner in Laura Zarina who sponsored the project at Latvijas Investīciju un attīstības aģentūra - LIAA with *a lot* on her plate and had to put real trust in me and the team that we'll deliver 🙌 - This #team didn't need any convincing to return for the second year and showed up despite work schedules, travels with future in-laws (stressful!) and actual geopolitical tensions - Diana Daiub Diana Lace Davidova Suhas Ghante that's the best feedback I could be asking for. 💃 I'm sure this batch will smash #investment hopes, and I hope we get to bring even more amazing teams to #investors down the line. But in the meantime, I'm grateful for the stuff that really matters. 🎯
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BADideas.fund reposted this
Fundraising School is out! 🎤 5 weeks and hundreds of pitches later, last week we wrapped up the second batch of BADideas.fund #fundraisingschool. 80 #startups x 40 #investors = magic ✨ Last year's batch has raised €3.5M #investments and we hope to smash that this year. Considering our NPS is at 89 and 40% startups have been invited for follow-up conversations, let's say we're hopeful. 😏 Thank you, #founders, for prioritizing this above sales calls, product bugs and good ol' firefighting, we're not taking your time for granted. 🚀 Thank you, #investors, for meeting these teams and sharing your feedback, we'll be looking out for those investment announcements. 👀 If only we could tag you all! 🤠 We're thrilled to be able to do this again, so huge shoutout to Latvijas Investīciju un attīstības aģentūra - LIAA for making this happen. Kudos to the 4 musketeers in the team - Diana Lace Davidova Suhas Ghante Diana Daiub and Madara Knutina 🤸♂️🤸♂️🤸♂️🤸♂️, and 4 founders who shared their wisdom with the batch - Ben Leblois Victoriano Izquierdo V. Frank Sondors 🥓 and Mikus Opelts. 👯👯
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Fundraising School is out! 🎤 5 weeks and hundreds of pitches later, last week we wrapped up the second batch of BADideas.fund #fundraisingschool. 80 #startups x 40 #investors = magic ✨ Last year's batch has raised €3.5M #investments and we hope to smash that this year. Considering our NPS is at 89 and 40% startups have been invited for follow-up conversations, let's say we're hopeful. 😏 Thank you, #founders, for prioritizing this above sales calls, product bugs and good ol' firefighting, we're not taking your time for granted. 🚀 Thank you, #investors, for meeting these teams and sharing your feedback, we'll be looking out for those investment announcements. 👀 If only we could tag you all! 🤠 We're thrilled to be able to do this again, so huge shoutout to Latvijas Investīciju un attīstības aģentūra - LIAA for making this happen. Kudos to the 4 musketeers in the team - Diana Lace Davidova Suhas Ghante Diana Daiub and Madara Knutina 🤸♂️🤸♂️🤸♂️🤸♂️, and 4 founders who shared their wisdom with the batch - Ben Leblois Victoriano Izquierdo V. Frank Sondors 🥓 and Mikus Opelts. 👯👯
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BADideas.fund reposted this
🚀 With the support of our dedicated investors, we're empowering diverse startups by breaking down barriers, fostering a supportive community, and providing mentorship and resources to make your start-up investment-ready. Here are a few sentences from Arta Beitāne (Buildit VC), Zane Kampa (Change Ventures), Madara Knutina (BADideas.fund) and Jahid Sakhi (Fiedler Capital)👇 👉 If you're a Latvia-based tech startup led by a woman and seeking to scale your business, we invite you to participate, apply by October 13, 2024 here: https://lnkd.in/dwvjyJ5s 🗝️ Program is created with the support of Riga City Council Business Riga
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BADideas.fund reposted this
🚀 Calling All Diverse Teams! 🌟 Riga TechGirls is excited to announce the launch of applications for the SPRING UP pre-acceleration program’s batch of 2024! If you’re an early-stage startup with at least one female founder and a prototype, this is your chance to take your business to the next level. This program is all about empowering diverse startups - we’re on a mission to break down barriers, foster a supportive community, and provide mentorship and resources to make your start-up investable. ✨ What’s in Store for You? ✔️Tailored curriculum and hands-on workshops on your prototype development, leadership, fundraising, and more! ✔️Comprehensive mentorship with experienced guides. ✔️Networking opportunities with investors and like-minded entrepreneurs. ✔️Peer-to-peer learning and a supportive community dedicated to your success! 🗓️ Application deadline: October 13, 2024 23:59 🗝️ Program is created with the support of Riga City Council Business Riga 👉 Join us on this empowering journey to become investable! Apply now: https://lnkd.in/dwvjyJ5s Vidzeme TechGirls Ventspils TechGirls #rigatechgirls #springup #accelerator #startups
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BADideas.fund reposted this
Izraudzīti 3 jaunuzņēmumu iespējkapitāla fondu pārvaldnieki, kas nākamo 5 gadu laikā ieguldīs 62 miljonus eiro daudzsološos agrīnās izaugsmes uzņēmumos Latvijā un citās ES valstīs. 📈 🔗 https://lnkd.in/dMyyARaP Jaunie fondu pārvaldnieki: 👉🏼 BADideas.fund 👉🏼 Outlast Fund 👉🏼 Buildit VC 📌 Kopējais publiskais finansējums šim projektam ir 55,8 miljoni eiro 💭 Ieva Jansone – Buka, ALTUM valdes locekle: "Valsts, ALTUM personā, ir galvenais investors iespējkapitāla fondos, kas veic ieguldījumus agrīnas izaugsmes uzņēmumos. Esmu gandarīta, ka šie 55,8 miljoni eiro ir līdz šim lielākais ieguldījums, kuru plānojam veikt trīs jaunajos iespējakapitāla fondos, ar fokusu uz agrīnas izaugsmes uzņēmumiem Latvijā un ES robežās. Ticu, ka jaunizvēlētie profesionālie fondu pārvaldnieki ar mūsu sniegtajiem līdzekļiem investīcijām, spēs radīt jaunus perspektīvus uzņēmumus, kuru vārds un produkti izskanēs globālā mērogā!” Informācija par Eiropas un valsts atbalstu uzņēmumiem no iespējkapitāla fondiem 🔗 https://bit.ly/4bQZCMR Ekonomikas ministrija/ Ministry of Economics | Finanšu ministrija/ Ministry of Finance of the Republic of Latvia | Latvian Business Angels Network | LVCA #iespējkapitāls #ESfondi
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