ADVENTUM TECH Wins Latitude59 Pitch Competition with Support from ASP Asset Management

ASP Asset Management is pleased to announce that Adventum Tech SIA, a Latvian deep-tech company mentored by our team through the UniLab Elevate program, has been selected as one of the three winning startups at the 2025 Latitude59 pitch competition, a leading innovation and technology forum in Northern Europe.

The company secured a €250,000 syndicated investment, led by the Latvian Business Angels Network (LatBAN), with participation from business angel networks in Estonia and Lithuania. The investment reflects investor confidence in Adventum Tech’s long-term product development strategy and the capabilities of its founding team. The startup’s four-year track record of consistency and technological advancement was key to its selection.

Latitude59 welcomed over 3,500 attendees representing more than 70 countries, including 900 startups and nearly 700 investors. This year’s competition marks a landmark in cross-border collaboration, with LatBAN, LitBAN, and EstBAN jointly committing nearly €700,000 to three high-potential ventures—Adventum Tech SIA (Latvia), Luna Robotics UAB (Lithuania), and MarkeDroid OÜ (Estonia).

ASP Asset Management remains committed to supporting early-stage, high-impact ventures through strategic engagement and mentorship, with the aim of strengthening the Baltic innovation ecosystem on the global stage.