Latvian Business Angels network

The Latvian Business Angels Network (LatBAN) operates as a facilitator connecting angel investors with high-growth potential startups across the Baltic region. It provides specialized training and advisory services to its angel members, alongside offering co-investment opportunities to mitigate risks. LatBAN actively sources and selects promising startups, providing mentorship and fostering collaborations to create robust joint investment ventures.

The association was founded on April 29, 2014, with the primary objective of expanding the investor network within Latvia and channeling support towards innovative and prospective projects. Its inception was driven by the understanding that experienced business angels, by investing private capital and sharing entrepreneurial expertise, can significantly aid early-stage enterprises in navigating challenges and accelerating their growth trajectory.

LatBAN serves both its network of business angels seeking impactful investments and startups in need of crucial early-stage capital and strategic guidance. Its overarching vision is to be a leading force in the Latvian startup ecosystem, empowering business angels to identify and invest in promising ventures. The organization aims to enhance investment returns and contribute to the overall development of Latvia's innovation landscape.