ALTUM Partnership

BADideas.fund is proud to collaborate with ALTUM, under the "Pre-Seed and Seed Stage Venture Capital Fund" investment program, financed by the European Union’s Recovery and Resilience Facility (NextGenerationEU).

This partnership enables investments into startups and innovation under the EU’s strategic priorities, including digital transformation, green transition, and economic resilience.

EU-Supported Financing

The funding administered through ALTUM is backed by:

European Regional Development Fund (ERDF)
Cohesion Fund (CF)
European Social Fund Plus (ESF+)
Recovery and Resilience Facility (RRF)

These programs are co-financed by the European Union, and we acknowledge this support in accordance with EU visibility requirements.

Project Scope

Through this collaboration:

We provide equity investments to early-stage companies led by CEE-rooted founders with global ambition
We contribute to Latvia’s and Europe’s long-term growth strategy - supporting innovation, sustainability, and inclusion

Each project supported under this framework is subject to visibility and publicity obligations defined in EU regulations and national guidelines.

Transparency and Publicity

All materials, including this website, comply with EU visibility regulations:

The EU emblem and the label “Funded by the European Union” (or “Funded by the European Union – NextGenerationEU”, where applicable) are displayed.
Project descriptions, objectives, and results are communicated to the public via our site and social media.