ALTUM

ALTUM is a financial institution based in Latvia, founded in 1993. The company's slogan "Mēs esam finanšu institūcija un sniedzam valsts atbalstu" translates to "We are a financial institution and provide state support". ALTUM's core mission is to supplement the offerings of the private financial market and assist in the growth of Latvia by providing state support in the form of financial instruments such as loans, guarantees, and investments in venture capital funds.

Their support extends to businesses at various stages of development, ranging from initial business ideas to the implementation of large projects where funding may not be readily available in the private financial market. ALTUM's offerings are tailored for business initiation, enterprise development, export support, and assistance to farmers and residents.

Despite their impactful presence and crucial role in the financial services sector, specific details regarding the last investment and the involved investors are currently unavailable. ALTUM's commitment to fostering economic growth in Latvia through state-supported financial instruments positions them as a key player in the country's financial landscape.