Business, Good for Business, Innovations, Investments, Latvia, Technology
International Internet Magazine. Baltic States news & analytics
Thursday, 02.01.2025, 21:40
Business angels have invested EUR 10.85 mln in Latvia's startups in 5 years
BC, Riga, 24.01.2020.
Print version
Print versionPrivate investors or so-called business angels in five years have invested EUR 10.85 mln in Latvia's startups, Juris Birznieks, the board chairman of the Latvian Business Angel Network (LatBAN) at the annual investors event said LETA.
 |
|---|
He said that in 20014-2019, LatBAN members have reviewed 650 different projects, conducted training in 150 startups, while 300 startups have participated in 60 investment sessions.
In total, LatBAN members have made 137 investments in 109 startups at the value of EUR 10.85 mln.
"About 40 percent of investments were made in the IT sector, followed by electronics sector and manufacturing of different products," said Birznieks.
He said that LatBAN currently has 50 members, but in five years 110 private investors have worked in the business angels network.
Other articles:
- 28.01.2022 BONO aims at a billion!
- 26.08.2021 LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits
- 13.02.2021 Моя жизнь в газете. Очерки по новейшей истории Латвии. Глава 1
- 25.01.2021 Как банкиры 90-х делили «золотую милю» в Юрмале
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
«The Baltic Course» Is Sold and Stays in Business!
