NETWORKING AND BUILDING CONNECTIONS
Latvia Network engagement
Latvia’s Thriving Ecosystem of Investment Networks: Driving Startup Growth
Latvia has cultivated a dynamic ecosystem of local investment networks, playing a crucial role in supporting early-stage startups and high-growth ventures. These networks provide funding, mentorship, and strategic partnerships, enabling Latvian startups to scale locally and expand internationally. Below is an overview of the key investment networks in Latvia and their average member size.
Number of Active Local Investment Networks
Latvia’s investment landscape includes a mix of angel investor groups, accelerators, and venture capital funds, supporting a broad range of industries, from fintech and deep tech to IoT and SaaS startups. Some of the most prominent investment networks include:
- LatBAN (Latvian Business Angel Network): One of the largest and most influential angel investor networks in Latvia, LatBAN focuses on early-stage startups across sectors such as fintech, medtech, and ICT.
- Buildit Accelerator: A leading accelerator that connects hardware and IoT-focused startups with investors, providing both mentorship and funding opportunities.
- Overkill Ventures: A highly active early-stage venture capital fund, fostering a network among B2B SaaS startups and investors, helping them scale with strategic investment.
- Change Ventures: A pan-Baltic early-stage VC fund, based in Latvia but focused on cross-border investments, particularly in fintech and deep tech sectors.
These investment networks are instrumental in driving innovation, connecting startups with investors, and fostering cross-industry collaborations within the Latvian startup ecosystem.
Average Number of Members per Network
Investment networks in Latvia vary in size, with angel groups typically having larger memberships compared to VC funds and accelerators. Below are key figures:
- LatBAN (Latvian Business Angel Network): 100+ members, consisting of angel investors, experienced mentors, and industry professionals.
- Buildit Accelerator: 30-50 active members, including investors, mentors, and hardware/IoT specialists.
- Overkill Ventures: 20-30 members, primarily investors and key partners with a focus on B2B SaaS startups.
- Change Ventures: 20-40 members, with a strong focus on cross-border partnerships, connecting Baltic investors with global markets.
These networks extend beyond funding, providing startups with mentorship, strategic guidance, and business development resources to help them scale effectively.
Latvia Network engagement
Latvia has cultivated a dynamic ecosystem of local investment networks, playing a crucial role in supporting early-stage startups and high-growth ventures. These networks provide funding, mentorship, and strategic partnerships, enabling Latvian startups to scale locally and expand internationally. Below is an overview of the key investment networks in Latvia and their average member size.
Latvia Event frequency and types
Latvia hosts a vibrant startup ecosystem with numerous conferences and events that cater to entrepreneurs, investors, and technology enthusiasts. These events range from large-scale international gatherings to local networking meetups, helping to foster innovation, collaboration, and investment opportunities. Below is an overview of key startup and tech events in Latvia.
Latvia Participant and organizer profiles
Latvia’s startup ecosystem thrives through a diverse range of technology and entrepreneurship events, attracting founders, investors, innovators, and policymakers. These events not only provide networking opportunities but also foster innovation, investment, and cross-industry collaboration. Below is an overview of the key participants and organisers shaping Latvia’s startup scene.