ALTUM: Powering Latvia’s innovators

With the support of ERDF equity financial instruments, Development Finance Institution ALTUM, is supporting some of the country’s highest growth start-ups to foster investments in innovation. Venture capital funding from national funds and the ERDF helped Vigo Health, the world’s first digitalised assistant for the rehabilitation of stroke patients, to invest in research, product development and validation studies.

Watch this Showcase 2024 video submission and find out more.

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Submitting organisation: 
Development Finance Institution ALTUM

Type of authority: 
Fund of Funds - National Promotional Institution

Financial instrument name: 
Technology Accelerator
Funding source: 
ERDF/CF

Type of financial product: 
Equity and Quasi-equity

Financial size:
EUR  17 300 000