About AST Latvia
AST was established in 1939 as an electricity transmission and distribution company based in Riga, Latvia. Operations are focused on managing power grids and delivering reliable energy supply across the region. Services include network maintenance, infrastructure development, and regulatory compliance within the utilities sector. Leadership is provided by CEO Varis Boks, with activities centered on Latvias energy needs through the domain ast.lv.
- Headquarter Riga, Latvia
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$68.38 K (USD), Grant
Nov 28, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of AST Latvia
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $68,376
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First Round
First Round
(28 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Grant - AST Latvia | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - AST Latvia | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - AST Latvia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AST Latvia
AST Latvia has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AST Latvia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AST Latvia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ast Latvia Comparisons
Competitors of AST Latvia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ast Latvia
Frequently Asked Questions about AST Latvia
When was AST Latvia founded?
AST Latvia was founded in 1939 and raised its 1st funding round 75 years after it was founded.
Where is AST Latvia located?
AST Latvia is headquartered in Riga, Latvia.
Who is the current CEO of AST Latvia?
Varis Boks is the current CEO of AST Latvia.
What does AST Latvia do?
AST was established in 1939 as an electricity transmission and distribution company based in Riga, Latvia. Operations are focused on managing power grids and delivering reliable energy supply across the region. Services include network maintenance, infrastructure development, and regulatory compliance within the utilities sector. Leadership is provided by CEO Varis Boks, with activities centered on Latvias energy needs through the domain ast.lv.
Who are AST Latvia's investors?
AST Latvia has 1 investor. Key investors include European Union.