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The Venture Codex

BADideas.fund

Lastādijas Street 12 k-3, Riga, LV-1050, Latvia

Overview

BADideas.fund is an early-stage angel syndicate providing €50k-€100k funding for CEE startups. We are founders and operators ourselves. And we get a kick out of helping founders find their PMF faster, build scalable growth engine, and fundraise from the best investors. Among our members/investors - founders and operators, who’ve been building such companies as Wise ($1.3B raised), Veriff ($192.3M), 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), Interactio ($30M).

Total investments
22
Lead investments
1
Investments · 12mo
9
Active investors
3

Sector focus

  • B2B
  • Marketplace
Visit website

Investment portfolio

  • ForActive

    Participated · Seed · Jul 2026

    ForActive offers a platform purpose-built for solo and small-team sports businesses, providing recurring payments, attendance tracking, and communication tools to help independent trainers and small studio owners run their businesses. The company serves over 14,000 service providers across the U.S. and positions itself as an alternative to software built for large gym chains. Founders referenced in the coverage are Maciej Bieganski and Konrad Howard. ForActive intends to expand into new sports categories and scale its go-to-market efforts with the recently raised capital. The company also emphasizes a social-impact focus, supporting providers who bring movement, community, and opportunity to underserved neighborhoods. Financially, ForActive has just closed a $3.6M seed round led by Simpact Ventures with participation from BADideas.fund, The Explorer Fund, Pragmatech Ventures, Vesna Capital and Vestbee Angels.

  • Tapaya

    Participated · Seed · Apr 2026

    Tapaya builds a software layer that consolidates compliance, certification, and processor integrations to enable in-person payment acceptance on Android, iOS, and other commercial devices. Founded in 2025 by Laura Ďorďová, Roman Kuchařík, and Petr Zahradník and based in Prague, the company aims to turn standard hardware into payment terminals and shorten integration timelines from months to days. Tapaya is already working on integrations in the Czech Republic and is expanding partnerships across Central and Eastern Europe and the Baltics. The startup is preparing to complete PCI MPoC certification as part of its product roadmap. Financially, Tapaya recently closed a €1M pre-seed round led by Passion Capital with Depo Ventures co-leading and follow-on capital from BADideas.fund.

  • Spotwise.ai

    Participated · Seed · Mar 2026

    Spotwise.ai develops an AI copilot that ingests complex media signals and produces real-time insights and executed sales workflows for media customers. In under a year the company expanded into 13 countries and secured partnerships with leading European broadcasters. The team named in reports includes founders Roberts Ernests Levics, Rendijs Levics, and Raimonds Korzenevskis. The company raised a $450K pre-seed round led by Outlast Fund with participation from BADideas.fund and 500 Global to fund its next phase of growth and product development. No revenue, valuation, or prior funding details were disclosed in the articles.

  • WhiteBridge

    Participated · Seed · Mar 2026

    WhiteBridge began as a platform for digital footprint audits and reputation monitoring, aggregating and verifying public data across dozens of sources. It has expanded into a broader people search and research engine designed to help users validate information about others with reliable context. The platform turns fragmented public signals into actionable insights intended to improve professional and personal decision-making. The company highlights use cases including sales and partnership preparation, vendor and partner validation, and third-party screening of digitally active adults. WhiteBridge was founded in 2024 in Vilnius by Tomas Martūnas, Irmantas Motiejūnas, Justinas Barauskas, and Paulius Taraškevičius. Following its seed raise, the company will invest in product development, additional data provider connections, and improving the transparency and reliability of its insights.

  • Just 4 Noise

    Participated · Equity · Feb 2026

    Founded in 2024 by Max Shafer and Henning Nobmann, Just 4 Noise offers an AI-powered platform that lets producers generate one-shot samples and instruments directly inside their digital audio workstations. The system is trained on ethically sourced data and focuses on quality and user control, positioning it as a serious creative tool rather than a novelty. Roughly 4,000 users, including artists like Pan-Pot and Jamie XX, have adopted the product. Just 4 Noise sells lifetime access for €99 (about $117) and integrates seamlessly into DAWs, providing royalty-free outputs. Strategic partners such as Native Instruments, Orchestral Tools, and UJAM help extend its reach within the music production ecosystem. With its new capital, the team plans to scale a foundation model for AI instrument generation and accelerate user-base growth.

Team