---
title: Expansion Capital - Startup Match Score & Focus Areas
description: Is Expansion Capital AIFP the right VC for you? See how their thesis aligns with your startup and discover more active investors focusing on export-driven and growth-stage companies.
---

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# Expansion Capital Overview

 Expansion Capital AIFP is a Latvian investment firm that provides equity investments ranging from EUR 150,000 to EUR 2,730,000 in Latvian companies, acquiring equity stakes between 10% and 49%. The firm prefers projects and companies that are export-oriented, not dependent on domestic consumption, and exhibit strong growth potential. They also consider providing mezzanine financing when bank loans are unavailable. Expansion Capital has established two funds: INEC1 AIF, an EUR 18,200,000 fund investing between EUR 600,000 and EUR 2,730,000 in startup companies, and INEC2 AIF, a EUR 6,500,000 fund investing between EUR 150,000 and EUR 250,000 in seed-stage companies or projects.

 Is Expansion Capital the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Expansion Capital, along with a list of other relevant VCs, is available on Hopohopo.io.

## Expansion Capital

 VC Fund

![Expansion Capital logo](https://www.hopohopo.io/hubfs/ecosystem-logos-from-platform/279-d158787048c916c0619bd36044369bb2.jpeg)

## Investment focus

### Invest in

- Baltics  1 / 3

### Customer types

- B2B

Investment role

 Lead and follow

Stages

 Seed, Series A

First ticket size

 €150,000 - €2,730,000

## Contact information

Board Member and Director

Karlis Brils

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Board Member and Director

Karlis Brils

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Senior Partner

Eriks Fricsons

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Senior Managing Partner

Zigmars Reklaitis

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Senior Managing Partner / Chairman of the Board

Zigmars Reklaitis

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

## How to approach funds like Expansion Capital

 When engaging Expansion Capital, founders should highlight their company’s export potential and scalability beyond the Latvian market, as the firm values businesses with international ambitions. Demonstrate a clear path to significant growth and readiness for institutional capital, as well as a strong management team capable of executing on cross-border opportunities. If your business model is less suited to traditional bank financing, be prepared to discuss alternative capital structures and how equity or mezzanine investment will accelerate your trajectory.

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## Check Expansion Capital contact details in Hopohopo.io

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