Aigars Kesenfelds

Investor & entrepreneur | scaling businesses internationally

📍 Latvia, Latvia🔄 Updated October 2026💼 12 investments📅 20 years investing🗓 Last invested Nov 2022
VC🌍 Latvia
12
Total investments
4
Early stage
1
Mid stage
0
Late stage
20y
Years active

Portfolio

8 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Nov 2022
Latvijas Tenisa Savienība / Latvian Tennis Union
Investor
2018
GIVEN – discover your world of jewellery! GIVEN is a jewellery brand that stands for beauty, love, creativity and sustainability by expressing this in its jewellery – through design and carefully considered details. We want everyone to have the opportunity to accentuate their personality with striking, high-quality, yet affordable jewellery, so we are open to anyone who sees value in it and wants to discover something new for themselves in the wide world of jewellery. We will help you create joy for yourself and others by finding the right symbol for that special moment in your life, because at GIVEN, people are our greatest asset. Be daring and experiment! We are as diverse as our clients. The range of services at GIVEN is wide and diverse – the widest selection of jewellery, interest-free jewellery, gold exchange, an option to purchase gift cards, as well as Goldwork jewellery services and engraving services.
Investor
2018
A rapidly growing online and mobile lending platform focused on customer journey, superb risk technologies and data science.
Investor
2017
Longo Group is the leading used car retailer in the Baltic states with presence in Riga, Vilnius, Panevezys and Tallinn. Our mission is to transform the Baltic used car industry by providing a fully transparent, reliable and world class car purchase experience to our customers across both the digital and brick & mortar channels. To fulfill our customer promise, we built a fully vertically integrated company. All our cars are sourced and prepared in-house. At Longo, we value transparency, reliability, and professional approach in everything we do. To enable our customer promise, we built a fully vertically integrated company. Our cars are carefully selected and sourced by our own local team in the Netherlands, Belgium and Germany. Prior to sale, all cars are thoroughly checked, repaired and cleaned in our own car preparation facilities. Longo Group consolidated revenues exceeded 30 million euros in 2021. The company goal is to further increase revenues 5–10 times and become an undisputed market leader in car retail in our region. At Longo, we value transparency, reliability, and a thoroughly professional approach in everything we do. Interested to learn more? Send us a message or drop in at one of our locations!
Investor
2016
Orange Sky Finance is a global consumer finance company. With a shared service centre and regional head offices in Latvia and Mauritius, Orange Sky Finance operates across four markets in Sub-Saharan Africa. One team with one dream to bring added value to all our clients in Africa!
Investor
Jul 2015
Mintos is a leading European investment platform that enables individuals to build long-term wealth by investing in a unique combination of assets, such as loans, bonds, real estate, and more, all in one place. With transparent low fees and access to intuitive tools, Mintos empowers investors to take control of their financial future. The company is licensed as an investment firm under MiFID II and has earned the trust of more than 600,000 registered users across Europe. Mintos is powered by an international team of 180+ professionals working across offices in Riga and Berlin. The company fosters a culture of collaboration, openness, innovation, and flat hierarchies - offering a dynamic, high-impact environment where every team member has the opportunity to grow and shape the future of investing. Disclaimer: https://tinyurl.com/4wsxxmhn
Investor
2014
Artsy envisions a future where everyone is moved by art every day. To get there, we’re expanding the art market to support more artists and art around the world. As the leading marketplace to discover, buy, and sell fine art, Artsy believes that the process of buying art should be as brilliant as art itself. That’s why we’re dedicated to making a joyful, welcoming experience that connects collectors with the artists and artworks they love.
mid stageFine Art
Investor
2008
Founded in 2006 and nestled along the Baltic Sea, AS MADARA Cosmetics is an organic cosmetics manufacturer, whose formulations are based on highly active natural ingredients, harvested in the meadows, lakes and forests of Baltic/Northern region. Both ingredients and final formulations are certified according to the international ECOCERT/Cosmos standard. In as little as 15 years, AS MADARA Cosmetics has grown from a small Latvian business to internationally recognised fine skincare and makeup company, whose creations are present in more than 30 countries around the world. Under a brand's name MÁDARA the company offers a complete range of organic skin care, body care, hair care and baby care products. In fall of 2019 an organic makeup line was launched, delivering high performance naturally. AS MADARA Cosmetics pioneered scientific research and ingredient innovations based on Northern plants 15 years ago, and now owns one of the most advanced organic skincare and makeup factories in Northern Europe, combining a wide, clean production area, a warehouse, a product development and quality control laboratory, office space and factory store. Constructed according to the open business principle, the factory itself is accessible to the public, as perhaps the story of Latvian nature and business will serve as a source of inspiration for good things. In 2014, the company launched its budget brand MOSSA that also offers a range of organic and ECOCERT certified skin care and body care products, based on vitamin formulae of various Northern berries. The company also offers contract manufacturing, product formulation and private label services. MÁDARA is the name of a unique Northern wild herb (Galium Verum) that only grows in a pure soil, free from pesticides and other chemicals. Picked as a symbol of all organic Northern ingredients used in brand's products, it is also a popular woman’s name in Latvia.
early stageCosmetics
Experience · 18 entries
All (18)
Investments (11)
Founder (7)
Board (1)
2022
Board Member
Nov 2022
Latvijas Tenisa Savienība / Latvian Tennis Union
Partner and Co-Founder
Sep 2022
We are here to help businesses outperform their objectives and achieve more. Merito is our next step to share our resources, network and knowledge with those who set ambitious goals and work hard. Are you ready to take your next big step?
2021
Investor
May 2021
DelfinGroup is consumer financial service provider in Latvia, offering consumer loans, pawnbroking service and money transfer service. The company was launched in 2009 and has established the biggest branch network that provides client needed financial services in Latvia. Our future vision is based on today’s investment in IT solutions, development of the brands and ambitious management. The growth of the company is driven by the business strategy that is based on continuous upgrades and innovation of our products and services. Our team consists of highly skilled and professional employees. Our priority is to provide clients fast and reliable financial services, ensuring client satisfaction and peace of mind, and maintain sustainable growth and stability for the shareholders and investors.
2019
Founder, Chairman of the Board
2019
ALPPES Capital is a first-generation family office, founded in 2019 with a vision to build lasting value through strategic long-term investments. With a disciplined, long-term approach, we navigate diverse asset classes and global markets, ensuring sustainable growth and meaningful impact. ALPPES Capital invests in both private and publicly listed companies as well as in bonds and other debt securities. Additionally, ALPPES Capital provides a part of the necessary growth financing to its portfolio companies. ALPPES Capital investment portfolio spans multiple industries, including retail, consumer goods and services, leasing, consumer financing, e-commerce, real estate, forestry, renewable energy, and manufacturing, ensuring a well-balanced and resilient approach to growth.
2018
Investor and Co-founder
Jan 2018
Largest and smartest SELF STORAGE facility in the Baltics operated by Nokē® Smart Entry System
Show all 18 entries ↓
Investment activity
2006–2022 · 12 investments
200612008120141201522016120171201832021120221
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