Fundraising FoxCommercialization Reactor
Venture studioRiga · Pre-Seed–Seed · 5 people tracked
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Investment thesis
Commercialization Reactor operates a 'Creation-to-Capital Cycle' that brings together scientists/researchers and entrepreneurial-minded individuals to co-create deep-tech startups built on scientific core competence. It functions as a venture creation program, early-stage investor, and ecosystem facilitator, training talent, forming startup teams at its Ignition Event, and preparing them for pre-seed investment through its Founders' Dive support program. Since 2018 it has run deep-tech pre-seed and seed funds, backing a portfolio of around 40 ventures. As operator of ESA BIC Latvia, it also supports space-related incubation, partnering with governmental institutions, accelerators, and industrial companies across Europe to connect science with industry.
Source: firm website, verified Nov 1, 2026.
Team · 5 people
from the firm's websiteFounder and CEO of Commercialization Reactor, leading its science domain.
Managing Partner responsible for building the firm's ecosystem.
Chairs the CR Fund and heads investments at Commercialization Reactor.
Leads programs and systems and manages ESA BIC Latvia.
Manages incubation and serves as incubation officer for ESA BIC Latvia.
What they invest in
from 3 of 43 portfolio companiesCleantech ×2New Materials ×2Advanced Manufacturing ×1AI & Machine Learning ×1Circular Economy ×1Climate Tech ×1Deep Tech ×1Digital Health ×1
HQs:Latvia×2
Investments · 43 tracked
founders shown can be your intro pathBdetect develops a handheld multispectral imaging device that uses five types of light and AI-based cloud analysis to screen skin lesions for skin cancer in about 10 seconds.
AI & Machine LearningDigital HealthMedical Devices
OLEC is a deep-tech startup developing light-emitting electrochemical cells (LECs) that use a purely organic emitting layer, aimed at being a lower-cost, recyclable, and more sustainable alternative to LED and OLED lighting.
CleantechDeep TechNew Materials
TerraWaste develops htloop®, a modular hydrothermal process that uses high-temperature, high-pressure water to convert low-quality mixed waste plastics and biomass into near-naphtha oil for use as petrochemical feedstock.
Advanced ManufacturingCircular EconomyCleantechClimate TechNew MaterialsRiga, LV
Co-investorsTechstars
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
2AM3DStrong3VisionDAcoustic TechnologiesAdiananoAmodera LabArtusystem (ABLabs)Ascent LuminaCatalycoConelum BiotechCrystals GrowingCube PlusDemeter XDigiSplitElogiumEmpyrioEventechEyedooFintelligenceInfininitum CompositesInLableL-BlendLe PorteurLongevityNaco TechnologiesOrugaPeak SavePestevenePrintstonPurOceansSemantic IntelligenceSepsisScanSizzappSkinPortSmart ComponentsSnowisionSquad RoboticsVeritaCellVigo HealthWatchBuilt
Frequently asked questions
- How many investments has Commercialization Reactor made?
- Commercialization Reactor has 43 tracked investments.
- What stage does Commercialization Reactor invest at?
- Commercialization Reactor invests at the Pre-Seed, Seed stages.
- What sectors does Commercialization Reactor focus on?
- Commercialization Reactor focuses on Deep Tech, Space Tech.
- Where is Commercialization Reactor located?
- Commercialization Reactor is headquartered in Riga, LV.
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