Venture Faculty

𝗟𝗮𝘁𝘃𝗶𝗮'𝘀 𝗻𝗼𝗻-𝗯𝗮𝗻𝗸 𝗹𝗲𝗻𝗱𝗲𝗿𝘀 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝘀𝗵𝗮𝗸𝗲 𝘂𝗽 𝘁𝗵𝗲 𝗹𝗲𝗻𝗱𝗶𝗻𝗴 𝘀𝗰𝗲𝗻𝗲
With 46 companies leading the charge, they're using the latest technology to offer more flexible and innovative options than traditional banks.
These forward-thinking lenders aren't just making an impact in Latvia; they're going global, attracting big investments, and entering new markets.
Despite some challenges, they're staying competitive by lowering rates and outpacing traditional lenders.
Seems that the future of lending in Latvia looks good, innovative, and ready to make a global impact!🌍

Venture Faculty Latvia's non-bank lending sector is undergoing a rapid transformation, with 46 companies now offering 19 unique products, outpacing traditional banks in variety and innovation. By leveraging advanced technologies like P2P platforms and machine learning, these lenders are enhancing cost-efficiency an...

🚀 𝐉𝐨𝐢𝐧 𝐔𝐬 𝐟𝐨𝐫 𝐚𝐧 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐏𝐚𝐧𝐞𝐥 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧 𝐨𝐧 𝐋𝐚𝐭𝐯𝐢𝐚'𝐬 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲! 🚀⁣⁣⁣
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📅 𝐃𝐚𝐭𝐞: 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟔𝐭𝐡 🕒 𝐓𝐢𝐦𝐞: 𝟏𝟓:𝟎𝟎 (𝐆𝐌𝐓 +𝟑) 📍 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Latvian Chamber of Commerce and Industry, Riga, Latvia⁣⁣⁣
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We are thrilled to invite you to an exclusive event organized by Venture Faculty in cooperation with the Ministry of Economics, the Investment and Development Agency of the Republic of Latvia, the Latvian Chamber of Commerce and Industry, and Riga Technical University.⁣⁣⁣
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🌟 𝐄𝐯𝐞𝐧𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:⁣⁣⁣
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𝐊𝐞𝐲𝐧𝐨𝐭𝐞 𝐀𝐝𝐝𝐫𝐞𝐬𝐬: Start the event with an exciting keynote about industry trends and future outlooks.⁣⁣⁣
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𝐏𝐚𝐧𝐞𝐥 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬: Dive into critical conversations about Latvia's potential in the semiconductor supply chain industry.⁣⁣⁣
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𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: Connect with key players from established enterprises, startups, investors, government representatives, and academic leaders.⁣⁣⁣
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𝐋𝐢𝐯𝐞𝐬𝐭𝐫𝐞𝐚𝐦 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞: Can't make it in person? Join us via live stream. (Link will be shared with registered participants.)⁣⁣⁣
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This event is a unique opportunity to explore the vast potential of Latvia's capabilities in manufacturing and producing components required by the semiconductor industry. It's the perfect platform for fostering collaboration and driving growth in this rapidly evolving sector.⁣⁣⁣
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🎟 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐟𝐫𝐞𝐞, 𝐛𝐮𝐭 𝐬𝐞𝐚𝐭𝐬 𝐚𝐫𝐞 𝐥𝐢𝐦𝐢𝐭𝐞𝐝! 𝐄𝐧𝐬𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐬𝐩𝐨𝐭 𝐛𝐲 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐧𝐨𝐰.⁣⁣⁣
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🔗 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐢𝐧 𝐩𝐞𝐫𝐬𝐨𝐧 𝐞𝐯𝐞𝐧𝐭 𝐡𝐞𝐫𝐞: ⁣
⁣⁣⁣https://www.eventbrite.com/e/panel-discussions-start-up-of-the-latvias-semiconductor-supply-chain-industry-tickets-960458696817?aff=oddtdtcreator

🔗 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐭𝐨 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞 𝐨𝐧𝐥𝐢𝐧𝐞 𝐡𝐞𝐫𝐞: ⁣
⁣⁣⁣https://www.eventbrite.com/e/start-up-of-the-latvias-semiconductor-supply-chain-industry-online-tickets-99114918288

We look forward to seeing you and together positioning Latvia at the forefront of the semiconductor supply chain industry. Let’s capitalize on the immense opportunities this sector offers!⁣⁣⁣
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Panel Discussions: “Start-up” of the Latvia's Semiconductor Supply Chain Industry Welcome to the series of panel discussions on the possibilities of the supply chain industry for the semiconductor manufacturing in Latvia!

🌟 The classic banking industry is changing forever with neobanks and other fintechs making the fight for SME and retail clients tighter every day.

⚔ How will the Banks respond and how this fight for SMEs and retail customers will turn out?

🔍 While neobanks and fintechs are fostering innovation, classic banks are getting more and more involved in buyouts, investments and partnerships with these players. At the same time, neobanks are adding more and more classic banking services like financing, investments, and deposits to their offering.

👉 Get acquainted with the latest trends in our article below

Venture Faculty The development of digital technologies has impacted the majority of industries, including banking which has transformed drastically over the past 20 years. In the mid-2010s, neobanks emerged in the arena of banking services and gained significant traction over the past 7-8 years. It will be very in...

Wishing a Happy Independence Day to everyone in Latvia from the Venture Faculty team! Let’s celebrate the nation's proud spirit and unity.

🚀 We are thrilled to announce our latest pre-seed into Tokitus Online Therapy, which is on the mission to make professional therapy accessible by already providing 11 different types of therapy combined in 15 languages just a few clicks away🎉

We are excited to see, how Ulvia Avidan with 12+ years of experience in the field, together with a professional team and the new investment will start expansion across the Europe and UK and enhance the lives of so many! Good luck!

🔎 We believe that nowadays the awareness of has increased due to recent years highlighting so many issues, nevertheless, we believe, that after acknowledgment and awareness shall come the phase of a solution, and we are happy to be a part of it!

Read more below 👇

Platforma „Tokitus“ pritraukė 125 tūkst. Eur investiciją Lietuvoje ir Europoje trejus metus veikianti nuotolinės terapijos platforma „Tokitus“ sėkmingai pritraukė ankstyvosios stadijos (angl. pre-seed) investiciją. 125 tūkst. Eur investavo Latvijos privačių investuotojų tinklas „Venture Faculty“.

🚀 The update of Latvian Fintech is is out!

🔍 Fintech makes up nearly to 29% of the country's startup ecosystem 📈 Explore the dynamic landscape of Payments, Data/IT solutions, P2P/Crowdfunding, and more, where innovation thrives! Discover rising newcomers like InDemo, Bonusu karte, FIS Solutionss and Finfra revolutionizing investment accessibility, employee benefits, and financial solutions. 💡

💰 While Funding patterns might have shifted, news on EU grants for VC funds and a new Baltic SME IPO fund, puts a big promise for early fintech's and ecosystem in whole 🚀

👉 Don't miss out on the exciting opportunities shaping the future of Latvian fintech! 🌐💼

Venture Faculty The fintech sector is transforming global financial services, and Latvia, a rising player in the European fintech scene, is no exception. With a vibrant startup ecosystem, Latvia's fintech landscape offers innovation, challenges, and opportunities influenced by global trends.Venture Faculty with par...

The Venture Faculty team wishes everyone a happy Līgo, so the good spirits be with you 🌿

For those from abroad, Līgo is the Latvian traditional solstice festival and is celebrated every year by singing folk songs, crafting meadow wreaths and burning the old ones, and jumping over a bonfire to drive the bad spirits away - what an amazing tradition we have 🤩

🚀 Venture Faculty is Attending TechChill 2023! 🚀

We at Venture Faculty are excited to be joining the vibrant tech community at TechChill 2023, one of the premier startup events in the Baltic region! 🌟

🤝 TechChill brings together innovative startups, visionary investors, and industry leaders from over 30 countries to share knowledge, insights, and inspiration. This year's event promises to be as engaging as ever, featuring:

🔥 50 Founders Battle: Watch the most promising startups pitch their ideas in a fierce competition for funding and recognition.

🚀 Startup Expo: Discover the latest products and technologies showcased by some of the brightest minds in the industry.

🎉 Side Events: Join workshops, panel discussions, and networking sessions designed to connect, educate, and empower attendees.

See the link in the comments to buy your ticket and see you there soon! 🎊

Renat Lokomet Startin.LV LatBAN - Latvijas Biznesa eņģeļu tīkls Labs of Latvia

Great news in the Latvian startup scene! 🇱🇻 Our partner company FIS Solutions just secured a EUR 250 thousand investment ticket from Expansion Capital 🚀

This is a significant landmark, especially in our FinTech/SaaS ecosystems, and we believe that the company has what it takes to be able to compete globally due to having one of the most unique and innovative products in the loan management system market, which is executed by an even stronger team, making us proud partners of such amazing company 🤩

FIS.solutions is a FinTech company that offers an all-in-one automated loan management system, enabling the launch of new FinTech products without the need for an in-house developers team. The system supports secured and unsecured loans, from consumer credit lines and buy-now-pay-later, to mortgages and car leases for both - private individuals and companies. The company aims to become the first to offer a 100% no-code solution in a freemium service 💯

Learn more about FIS.solutions and the startup's future plans in the official press release by Labs of Latvia 👉 https://labsoflatvia.com/en/news/fis-solutions-attracts-e250000-to-further-upgrade-loan-management-system

FIS.solutions attracts €250,000 to further upgrade loan management system - Labs of Latvia On a mission to reverse the paradigm for what it means to be a fintech company, Latvian startup FIS.solutions has received a €250,000 investment from Expansion Capital. The funding will assist in transitioning toward a complete no-code loan management system (LMS) and expanding the team. The upgra...

We’re proud to see Qrunch - digital menu expert among participants of this year’s TechChill 50 Founders Battle! 🎊

Qrunch is one of 16 startups represented by Latvian founders alongside Abillio, Adventum Tech, BirgerMind, Bruntor, Cubed, Green Growth, Huntli, Medon, OG Sense, Overlyapp, PEERO, Sepsiscan, SimpleCharge, Spocaboo, and Sqrino. Such an amazing lineup truly illustrates the potential of Latvian ecosystem startups in different industries. Best of luck and happy pitching! 🚀

Get to know each of the 50 semi-finalists and their countries by pressing here 👉 https://techchill.co/fifty-founders-battle-semi-finalists-announced-2/

We are happy to announce that Lande.lv has been awarded with a “Best Syndicated Investment of the Year” title. The company raised 550 thousand euros with the help of BADideas.fund and Kirill Golub. Mr. Kirill organized an investor syndicate in which our own Strategic Partner Renat Lokomet was one of the participants 🤩

We are thrilled to be a part of companies that are able to scale rapidly right after receiving the investment, and LANDE is one of them, making it one of the good examples in the Latvian startup scene 💯🇱🇻

"Investor of the year" is a yearly event organized by the LatBAN - Latvijas Biznesa eņģeļu tīkls and Latvian Private Equity and Venture Capital Association (LVCA) in which the main industry participants are awarded in different categories. This year's event was supported by ALTUM and co-financed by the European Investment Fund (EIF) Regional Development Fund.

See the official press release for the full awards list 👉 https://labsoflatvia.com/aktuali/apbalvo-gada-labakas-investicijas

Ecom21 Conference already after TWO weeks 👀

Check the post below and get a discount for your ticket for an event, which is definitely worth your attendance, especially if you're a or fanatic! 💯

DECTA, KPMG Latvia, Mastercard

💥 Attention all and enthusiasts! We have an incredible last-minute offer that you won't want to miss!

📍Use the discount code LASTCHANCE and save 50 EUR on your ticket price. Get it for 349 EUR instead of 399 EUR

Here are just a few reasons why you should be there:

👉 Meet top industry speakers from all around the world
👉 Take part in Business Speed Networking sessions
👉 Connect with other attendees & gain valuable connections via the conference app
👉 Enjoy two evening networking parties
👉 Experience the stunning location at Hanzas Perons, in the heart of Riga's city centre
👉 Participate in hands-on workshops led by real industry experts.

Don't hesitate – secure your ticket now and join us for an unforgettable experience at ECOM'21!

🔖 Get your ticket: http://bit.ly/3PcttVu

The leading Latvian and event Ecom21 Conference is less than a month away! 🙌

The event will take place on April 12 and 13 in Hanzas Perons, and, as usual, is organized by DECTA, in cooperation with KPMG Latvia and Mastercard, which allows delivering a strong lineup of keynote speakers, panel , and , so you would have the best time while attending the event 🤩

This year a new concept of speed-networking event brings a tremendous additional value to the whole event, which is why you shouldn’t miss the chance to buy your ticket and be a part of this fantastic 👉

I’m participating in ECOM21, see you there! Get an all inclusive two day experience - meet industry members, share your knowledge and attend various workshops! The lunch, snacks and cocktails at the networking event are included in the price.

Latvia is a great place for starting and scaling your , we too at Venture Faculty are working to help new startups grow and gain traction 🇱🇻🚀

Each and every participant, regardless of whether it is an organization, incubator, or investor, plays a significant role in nourishing our business environment 💯

Check the link below to see the list of the participants in the most startup-friendly country in the world 🙌

In addition to that, we have published a list of this year’s must-attend startup in the Baltics 👉 https://www.venturefaculty.io/news/startup-season-2023-is-finally-here

Latvian startup ecosystem: organisations, incubators and more - Labs of Latvia Being the most startup-friendly country in the world, Latvia's startup ecosystem has quite a variety of players ranging from state-funded incubators and regional business centres to private accelerators and industry hubs. To help local startups find the necessary support and opportunities, we've com...

The events season is coming closer, and sTARTUp Day should be no exception in your list, the will be taking place from March 15 to 17, in Tartu, Estonia 🤩

❗️DO NOT miss your chance to apply by February 5 to participate in one of the biggest industry events in the Baltics 🚀

By the way, Latvian startups have been successful, including last year’s Longenesis EUR 100 thousand prize, and 2020 win with a EUR 170 thousand prize by Jeff App 👀

Send your application here 👉 https://app.dealum.com/ #/company/application/new/82144/jsws76a95nwvbftvir9r08eiqomsy3pp

The long-awaited applications for TechChill Fifty Founders Battle 2023 in Riga have officially begun! 🙌

TechChill is one of the biggest events in Northern Europe which brings together more than 2000 attendees and hundreds of startups and 🚀

Do not miss your chance to apply by clicking on the post below and be among the TOP50 participants to compete for attractive prizes and, most importantly, to grow your ! 👇

Fifty Founders Battle - TechChill So you think you can pitch? We dare you… We double dare you! This is a chance for all seed and early-stage startups from different fields to take part and compete for the recognition of international investors along with the main prizes of 10 000 EUR with no strings attached from Community and of ...

Wishing you a year filled with growth, happiness, and success!
Happy New Year! 🎊

The biggest news in the scene before wrapping up the year! 🤩

Aerones had already landed one of the biggest rounds in the Latvian startup scene this year, while this round has made them undisputed leaders in raised funding during 2022 🚀

This year Latvian ecosystem reached almost EUR 100 million in cumulative , making it the 2nd most fruitful year, right after the record-breaking previous year 💯

Read the article 👇

Aerones secures further $38.9 million investment - Labs of Latvia Latvian robotics startup Aerones has raised a $38.9 million investment, TechCrunch reports. It is the largest investment secured by a Latvian startup in 2022.