ASP Asset Management

Exciting news from Tournated, a company backed by the Latvian Business Angels Network syndicate of 6 business angels! The company has successfully secured €750,000 in investment to propel its growth even further. Initially valued at €3.3M, the early investment made by the syndicate has shown remarkable growth, now valued at €7M. This significant increase of 2.12× in just 7 months demonstrates an impressive implied book value growth of +112% or an annualized growth rate of 277%. Visit in-person or online events organized by Latvian Business Angels Network to explore best of startups from the Baltics. Contact me or Emils Kragis for more information. #startups #investing #Baltics https://lnkd.in/dwtAaJnG)

📢 Our Angels are Investing €500K into 2 new VC funds - Outlast Fund & Buildit VC - to Boost Latvian and Baltic Startup Ecosystem "Strong ecosystems are built on alignment. And alignment comes from skin in the game.” - comments LatBAN Chairman Girts Licis We are building closer relations with VC funds to bridge the gap between private and institutional investors. It's time to collectively utilise shared knowledge and business experience for the benefit of startup founders. 👏 Cheers to everyone involved in making this happen Girts Licis, Ansis Spridzans, Matiss Neimanis, Marija Rucevska, Egita Polanska, Kristaps Prusis 🔗 Full story: https://lnkd.in/dP7aeAui #LatBAN #startups #angelinvesting #venturecapital #ALTUM

Kad radās ideja par Bonusukarti, tā bija pavisam praktiska doma – kā padarīt darbinieku motivēšanu vienkāršāku, cilvēcīgāku un visiem izdevīgāku. Jā, visiem - jo bieži vien darbinieks kaut ko saņem un nodomā "Priekš kam man tas!", bet darba devējs, labu gribēdams, ir iztērējis naudu, bet vēlamais rezultāts tā arī nav sasniegts! Un tā katru gadu HR vadītājiem ir jādomā, kā lai piesaista un notur labākos darbiniekus, CFO ir jātur finanšu groži un grāmatvežiem tajā visā ir jāatrod zelta vidusceļš! Šodien esam nonākuši līdz nākamajam solim mūsu attīstībā: - Bonusukarte ir piesaistījusi 500 000 EUR investīcijas un stratēģisko partneri! Tas nozīmē – vēl lielākas iespējas augt, attīstīt produktu, pielāgot to klientu vēlmēm un vajadzībām, palīdzot vēl vairāk uzņēmumiem, vēl efektīvāk motivēt savu personālu kā īstermiņā, tā arī ilgtermiņā! Liels paldies visiem, kas ticēja idejai un bija ar mums no paša sākuma – komandai, klientiem, partneriem. Jūs visi esiet daļa no Bonusukartes veiksmes stāsta!!! 🔗 Raksts DB: https://lnkd.in/dJcka54z #Bonusukarte #DarbiniekuLabumi #NodokļuAtvieglojumi #Walletto #CardIssuing

🚀 POSfinance secures €140K investment from LatBAN (ASP Asset Management AIFP) to accelerate product development and expand into new markets! With an innovative revenue-based financing model and a strong founding team, POS Finance is redefining SME lending across the Baltics and beyond. 👏 Congratulations to the founders Inga Pinka, Santa Sauliņa, and Aleksandrs Popovs on this milestone! 📖 Read more: https://lnkd.in/dgZk96PD #Fintech #LatBAN #StartupInvestment #SMElending

On Friday night, we celebrated the brightest stars of Latvia's investment ecosystem, honouring brave investors, unstoppable consultants, and inspiring supporters. Meet this year’s winners: 🏆 Best Syndicate Investment - ASP Asset Management AIFP for the investment in Cellbox Labs 🏆 Angel of the Year - Girts Licis 🏆 Industry Supporter of the Year - UniLab, Rīgas Tehniskā universitāte (Riga Technical University), Rīga Stradiņš University, Latvijas Biozinātņu un tehnoloģiju universitātes Studējošo pašpārvalde, Latvijas Universitate for supporting the development of early-stage ventures 🏆 Investment of The Year - Printful & Printify = Fyul 🏆 Financial Advisor of the Year - Baltic Partners 🏆 Legal Consultant of the Year - COBALT Legal 🏆 Exit of the Year - Livonia Partners for the sale of Stebby 🏆 Annual Sustainability Award - ZGI Capital for the investment in Electrify 🏆 Porsche Latvija Special Award - ZGI Capital This year the audience diversity was something to be proud of. Private and institutional investors, consultants, various policymakers, education system representatives and even ministers and investors from foreign countries. 🙏 🌟 Special shoutout to our supporters Porsche Latvija, nectaro and ALTUM See you again in 2026 where more investments and deals will be awarded #investments #angelinvesting #venturecapital #award #gadainvestors #ESfondi

🔊 New funding round announcement: Tournated has raised €50K from Latvian Business Angels Network led by ASP Asset Management AIFP! Tournated is an all-in-one white-label sports management solution or as better known as the "Shopify of Sports Management". Congratulations to the team Nikita Ribakovs, Mihails Samoilovs, Roberts Ribakovs & Julia Chubarova Learn more ➡️ https://lnkd.in/diH8jTEt

At TechChill, we look for founders who don’t just have great ideas but also the resilience and determination to push them forward. This year, Tournated and Adsmom proved just that, securing EUR 50K investment tickets from LatBAN angels! 💰 A big thank you to TechChill & ASP Asset Management AIFP for making this possible. Also, shoutout to ProtiumTech and THEO Growth for winning the remaining prizes. We don't stop here and see you next year! Kudos to Rihards, Girts, Ansis, Kristians, Nikita, 💠 Annija and everyone else involved 🙏 #Connect2Scale

🌟 We’re excited to announce! 🌟 We have successfully closed our pre-seed investment round, during which POSfinance raised €275,000! We’re proud to introduce our business angels and extend a huge thank you for trusting in POSfinance’s vision and strategy. It’s a great honor for us that our investors are experienced industry professionals — this is a huge advantage for our future growth! 🚀 Our investors: Oksana Sivokobilska - a seasoned banking professional with 25 years of experience at board and supervisory level. Maris Mancinskis - experienced banking leader with over 20 years in executive roles, including as CEO of Swedbank Latvia. Ernest Grinberg - Head of Business Development EMEA at 3S Money, an international fintech challenger bank specializing in cross-border payments. Janis Purenins is an IT industry expert with 20 years of experience and the owner of ITVISS. Maris Birgelis is a seasoned investor and tech entrepreneur. With 15+ years in finance and IT, he drives innovation and business growth. Ziuljenas Galeckas is a Lithuanian real estate entrepreneur and co-founder of UNTU, a tech-driven platform using AI to provide accurate property valuations 🇱🇹 Jesfira Avotiņa is an entrepreneur and cosmetologist who is passionate about helping people look and feel their best. Latvian Business Angels Network (ASP Asset Management AIFP) - is an investment syndicate that brings together multiple private investors who support POSfinance’s vision and strategy. #PreSeed #StartupFunding  #POSfinance #FinTech #Investors #AngelInvestors