Expansion Capital

Investor type

VC

Founded

-

AUM

$14 M

Location

Riga, Riga, Latvia

Investment Ticket

$1-5 m

Investment Stage

Seed Series A

Region of investment

North America Europe
Investor profile last updated: 27 August, 2026

Profile

Expansion Capital AIFM seeks investments from EUR 150,000 to EUR 2,100,000 in Latvian companies with a fund holding of between 10% and 49%. We are also considering the possibility of providing mezzanine financing in cases where bank financing is not available.We prefer ideas, projects and export-oriented companies that do not depend on domestic consumption and have high growth potential.

Industry

Consumer Services (B2C) Fintech Robotics Software Sports/SportsTech Transportation Financial Services Food and Beverage Foodtech Healthcare Services Media and Entertainment Real Estate Travel Energy HealthTech

Contacts

Name
Title
Email
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Ēriks Fricsons Chairman of the Board, Partner
Chairman of the Board, Partner
e•••@•••
avatar
Andris Keziks Member of the Board, Partner
Member of the Board, Partner
a•••@•••
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Investment-team contacts for Expansion Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Expansion Capital

Expansion Capital is a venture capital firm. It backs companies at Seed and Series A, writing tickets of $1-5 m.
Expansion Capital is located in Riga, Riga, Latvia.
Expansion Capital was founded in .
Expansion Capital invests in companies and startups in Consumer Services (B2C), Fintech, Robotics, Software, Sports/SportsTech, Transportation, Financial Services, Food and Beverage, Foodtech, Healthcare Services, Media and Entertainment, Real Estate, Travel, Energy, HealthTech.
Expansion Capital invests in companies and startups in North America, Europe.
Expansion Capital invests in companies and startups at Seed, Series A.
Expansion Capital usually invests $1-5 m on average.
Expansion Capital has around $14m assets under management.
Expansion Capital can be reached through its website excap.lv/en. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Expansion Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Expansion Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 27 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.