Government of Latvia

Rigamk.gov.lv

Overview

Government of Latvia is a state entity that promotes economic development and innovation through various state-owned institutions. Its investment activities are primarily carried out by ALTUM, the state development finance institution, which provides loans, guarantees, and invests in venture capital funds, and the Investment and Development Agency of Latvia (LIAA), which facilitates foreign investment and administers support programs.

Year Founded

1918

Portfolio Companies

Website

mk.gov.lv

Investments

Government of Latvia investments
Company	Date	Stage	Lead
airBaltic	Apr 2026	Debt	Co-investor
Deep Space Energy	Feb 2026	Pre Seed	Co-investor
airBaltic	Aug 2021	Corporate Funding	Co-investor
airBaltic	Jul 2020	Corporate Funding	Co-investor
airBaltic	Feb 2016	Private Equity	Co-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021

2022

2023

2024

2025

2026

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FAQ

Firmographic Details

HeadquartersRiga

Year Founded1918

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