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Aug
01
2016

The pulse of Latvian startup scene: Week #30

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#StartinLatvia attracts substantial investment, getting ready for production, sales, and more

Audio technology startup Sonarworks draws EUR 700,000 in third investment round

Latvian audio technology company Sonarworks has drawn EUR 700,000 in the third investment round, becoming one of the most popular Latvian startups with investors – the total amount of investment in the company has reached EUR 1.5 million.

The third-round investors are FlyCap Investment Fund I AIF, private investor Vilis Vītols, and AIF Imprimatur Capital Technology Venture Fund.

Startup Ampple getting ready for production

The Latvia-founded startup Ampple recently had a highly successful crowdfunding campaign to raise the entire amount necessary for the manufacture of iPad stereo speaker cases. Ampple is now preparing for production of the first series of the sound system. The speaker cases could hit the shelves next February or later, the magazine Kapitāls writes. The first markets for Ampple will be the United States, Canada, Great Britain, Germany, France and China.

Customizable Wi-Fi display Displio delivered to all Kickstarter supporters

The customizable Wi-Fi display Displio has been delivered to all of its Kickstarter crowdfunding campaign supporters and is also now available for purchase online.

The first to order the Displio devices through Kickstarter received them already last September, and now this process has concluded. Online sales of Displio devices have been launched, and Displio can now be purchased by anyone at getdisplio.com.

Rention platform launches cooperation with Draugiem Group company Istabai

The developers of the innovative property management system Rention have commenced cooperation with the Draugiem Group company Istabai. The two companies have signed agreement on integration of various solutions into the platform, as well as on distribution rights abroad. 

Lattelecom entertainment platform Shortcut now available on Apple TV

The telecommunications company Lattelecom’s entertainment platform Shortcut is now available on Apple TV. At the moment, Apple TV offers Shortcut TV television channels, while the full version of Shortcut, including Shortcut Films and Shortcut Premiere, will become available in a few months.

According to the developers of Shortcut, it is currently available on mobile phones, tablets, computers, iOS, Android, Apple TV, and the platform will in the near future be also available via Smart TV, Android TV, Chromecast and game consoles.