BADideas.fund: A Riga-based angel syndicate providing €50k-€100k funding for CEE startups, with a proven track record.
5
Operating
2022
Riga, LV
BADideas.fund is an angel investor syndicate based in Riga, Latvia, focusing on early-stage startups in Central and Eastern Europe. The syndicate provides funding ranging from €50,000 to €150,000 for post-MVP startups, embracing ideas that might initially seem unconventional. Their investment philosophy is inspired by Paul Graham's quote, "All unicorns seemed like bad ideas initially." The syndicate's members include founders and operators from successful companies such as Wise, Veriff, Vimeo, Printify, Pandadoc, Pipedrive, and Bolt.
BADideas.fund aims to support founders in finding product-market fit, building scalable growth engines, and connecting with top investors. Their approach is rooted in their own experiences as entrepreneurs, offering the kind of support they wished for during their fundraising journeys.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies5
Current Portfolio Count5
Top Investment Stages
Pre-Seed3 (60.0%)
Seed2 (40.0%)
Stage Mix
Pre-Seed 60%Seed 40%
Concentration shown as share of disclosed investments by stage.