Attīstības finanšu institūcija Altum
Overview
Altum is a state-owned development finance institution in Latvia that provides financial support to businesses, farms, and individuals through various instruments, including loans, credit guarantees, and investments in venture capital funds. It aims to compensate for market shortcomings where private financing is not sufficiently available, thereby fostering national economic development. Altum's shareholders are the Latvian Ministry of Finance (40%), Ministry of Economics (30%), and Ministry of Agriculture (30%). The institution also acts as a Limited Partner (LP) by investing in other venture capital funds, including the Baltic Innovation Fund.
Portfolio Companies
9
Website
altum.lvInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Aerones | Feb 2019 | Seed | Co-investor |
| RCG LightHouse | Jun 2018 | Debt | Co-investor |
| Electrify | May 2021 | Debt | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Attīstības finanšu institūcija Altum based?
Attīstības finanšu institūcija Altum is headquartered in Latvia.
When was Attīstības finanšu institūcija Altum founded?
Founding year information for Attīstības finanšu institūcija Altum is not publicly available.
How many portfolio companies does Attīstības finanšu institūcija Altum have?
Attīstības finanšu institūcija Altum has 9 portfolio companies in Caplight's dataset.
What are some companies in Attīstības finanšu institūcija Altum's portfolio?
Portfolio companies visible on Caplight include Aerones, RCG LightHouse, Electrify.
What was Attīstības finanšu institūcija Altum's most recent investment shown here?
Attīstības finanšu institūcija Altum's most recent investment in this portfolio sample was in Electrify in 2021.
What sectors does Attīstības finanšu institūcija Altum focus on?
Attīstības finanšu institūcija Altum focuses on Enterprise Software, Mobility, Transportation & Logistics, Energy & Sustainability, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, FinTech, Enterprise Software, Energy & Sustainability, Telecommunications & Networking, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Energy & Sustainability, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Consumer & Commerce.
What company stages does Attīstības finanšu institūcija Altum focus on?
Stage focus information for Attīstības finanšu institūcija Altum is not publicly available.
What is Attīstības finanšu institūcija Altum's AUM?
Attīstības finanšu institūcija Altum's assets under management are estimated between $1.2B and $1.5B.