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Top 45 Hardware Startup Investors in Lithuania (June 2026)

The most active venture capital funds and angel investors investing in Lithuania Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Lithuania Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Practica Capital
VC Fund
10 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A B2B, Software, Information Technology $219k–$25M
Open Circle Capital
VC Fund
7 Lithuania, United States, Canada Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $206k–$7.2M
Coinvest Capital
VC Fund
6 Lithuania, United Kingdom, The Netherlands Seed, Pre-Seed Software, Artificial Intelligence, Aerospace $281k–$3.2M
Iron Wolf Capital
VC Fund
4 Lithuania, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $120k–$7.1M
Presto Ventures
VC Fund
4 Czech Republic, United States, Estonia Seed, Pre-Seed, Series A SaaS, Software, Information Technology $132k–$32M
Taiwania Capital Management Corporation
VC Fund
2 United States, Taiwan, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Biotechnology $3M–$85M
Katalista Ventures
VC Fund
2 Sweden, United Kingdom Pre-Seed Financial Services, FinTech, Finance $281k–$1.5M
LitCapital
VC Fund
2 Lithuania, United Kingdom, The Netherlands Series A, Private Equity, Seed Manufacturing, SaaS, Laser $3.1M–$18M
Darius Matuliauskas
Angel
2 Lithuania Angel, Pre-Seed Gaming, Internet, Software
Vladas Lašas
Angel
2 Lithuania, Luxembourg, United Kingdom Seed, Pre-Seed, Angel SaaS, Retail, Aerospace $295k–$3.5M
Renaldas Zioma
Angel
2 Lithuania, Finland, Ukraine Angel, Pre-Seed, Convertible Note Internet, Artificial Intelligence, Software $85k–$2.1M
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, France Seed, Series A, Pre-Seed Software, Renewable Energy, Energy $55k–$15M
Justas Janauskas
Angel
2 Lithuania, Germany, United Kingdom Seed, Angel, Pre-Seed Pet, Apps, EdTech $85k–$4.5M
Intel
VC Fund
1 United States, United Kingdom, India Series B, Seed Software, Internet, Information Technology $1.3M–$84M
Lead Ventures
VC Fund
1 Hungary, United Kingdom, Croatia Series A, Seed, Series B Software, SaaS, Artificial Intelligence $2M–$28M
bmp Ventures
VC Fund
1 Germany, United States, Austria Seed, Series A Software, Information Technology, Manufacturing $30k–$5.9M
Koinvesticinis Fondas
VC Fund
1 Lithuania Seed, Pre-Seed, Angel Health Care, Machine Learning, Information Technology $106k–$1.7M
Mantas Mikuckas
Angel
1 Lithuania, United States Seed, Series A, Pre-Seed Software, E-Commerce, Marketplace $384k–$50M
NGL
VC Fund
1 Lithuania Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $713k–$7.1M
Agmis
VC Fund
1 Lithuania Pre-Seed Software, Virtual Assistant, Speech Recognition
Omni Commerce Ventures
VC Fund
1 Lithuania Retail, Computer, Software
Rita Sakus
Angel
1 Lithuania, The Netherlands Seed, Angel Aerospace, Software, Artificial Intelligence $905k–$3.5M
Rinat Ismagilov
Angel
1 Lithuania Drones, Robotics, Aerospace
Linas Samuolis
Angel
1 Lithuania Angel Drones, Robotics, Aerospace
Yury Melnichek
Angel
1 Belarus, Lithuania, Singapore Seed, Pre-Seed, Series A Software, Artificial Intelligence, Farming
MaxCom
VC Fund
1 Lithuania Hardware
EstBAN
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Angel Software, Information Technology, Manufacturing $197k–$2.6M
BSV Ventures
VC Fund
1 Lithuania, Estonia, Finland Pre-Seed, Seed Software, Aerospace, Analytics $132k–$2.4M
Vytenis Benetis
Angel
1 The Netherlands Angel SaaS, Internet, UX Design
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $7.7M–$658M
Boost VC
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Software, Blockchain, Virtual Reality $75k–$6.1M
Kickstarter
VC Fund
1 United States, Japan, United Kingdom Product Crowdfunding, Seed, Pre-Seed Consumer Electronics, Fashion, Software $24k–$6.6M
InReach Ventures
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Apps $1.1M–$11M
Andrei Avsievich
Angel
1 United States, Belarus, Lithuania Pre-Seed, Seed Software, Mobile Apps, Information Technology
Bulba Ventures
VC Fund
1 United States, Belarus, Lithuania Seed, Pre-Seed, Series A Artificial Intelligence, Apps, Fitness
Karma Ventures
VC Fund
1 Estonia, United States, Finland Series A, Seed, Series B Software, Artificial Intelligence, FinTech $549k–$30M
Animoca Brands
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A Blockchain, Gaming, Cryptocurrency $1.6M–$40M
Eimantas Sabaliauskas
Angel
1 Lithuania, United Kingdom Seed Retail, Medical, Computer
Pi Campus
VC Fund
1 Italy, United States, United Kingdom Seed, Pre-Seed Software, Mobile, Biotechnology $100k–$6.4M
Mantas Puida
Angel
1 Lithuania Pre-Seed Gaming, Internet, Software
Evaldas Budvilaitis
Angel
1 Lithuania Pre-Seed Retail, Security, Computer Vision
Avia Capital
VC Fund
1 Poland, Lithuania Logistics, Electronics, Information Technology
Linas Švaikauskas
Angel
1 Lithuania Pre-Seed Retail, Security, Computer Vision
Export and Investment Fund
VC Fund
1 Denmark, United States, United Kingdom Seed, Series A Software, Biotechnology, Health Care $395k–$84M
Balnord
VC Fund
1 Poland, Denmark, Lithuania Seed, Pre-Seed Wireless, Telecommunications, Internet $3.2M–$8M
Access all 4 investors in Lithuania Hardware startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 10 investments in Lithuania Hardware startups

Practica Capital

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Investment focus

  • Industry: B2B, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 115
  • Round size: Seed $219k–$3.3M; Pre-Seed $334k–$2.4M; Series A $2.2M–$25M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem provides Indie Hackers, Micro-SaaS and SaaS businesses with instant financial tools and functionality. As a Merchant of Record our pre-integrated embeddable components tap your existing data, boosting revenue effortlessly. No costs—pure growth potential for your business.
  • Handwave — Handwave is the world’s first biometric wallet and identity platform — replacing wallets, phones, and IDs with a single gesture for in-store payments. Designed for retail, meant for people. End users can easily onboard their palms through the Handwave app by scanning their palm with the phone camera, linking payment and loyalty cards, and thenenjoy frictionless checkout at retail by simply scanning their palm at a payment terminal.
  • Outcraft AI — Outcraft AI develops autonomous revenue agents that convert, retain and grow customers across voice, SMS, email and messaging.
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Open Circle Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 7 investments in Lithuania Hardware startups

Our Investment FocusWe are interested in technology companies in the fields of ICT, robotics and high-tech. We favor teams of professionals comprised or led by serial entrepreneurs with past growth, fundraising and/or exiting experience. We are looking for product building companies that would be high-potential, fast-growth, and ready toconquer foreign markets. Best time to talk us is just after first revenues in the company.Our investment approach1. It all starts with a conversation where we learn about you and your ambition. 2. In the space of few meetings we are targeting to decide whether to look further. 3. We'll discuss particular terms, ask for more information, and analyse further. 4. The legal part - we know everyone loves it, and, finally, we join your venture.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, United States, Canada

Investor stats

  • Total investments: 36
  • Round size: Seed $206k–$1.8M; Pre-Seed $212k–$1M; Series A $5M–$7.2M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Ars Ingenii — Ars Ingenii presents a groundbreaking logistics and fulfillment platform, powered by in-house developed hardware and software technologies. That includes patented robotized material handling solutions such as Micro Distribution Centers and advanced fulfillment center automation tailored specifically for efficient e-commerce logistics. By seamlesslyintegrating technologies, we streamline e-commerce logistics, ensuring swift delivery from the origin to the consumer's doorstep.
  • Frontu — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
  • Smart Vision — Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.
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Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 6 investments in Lithuania Hardware startups, 8 in the past 12 months

Coinvest Capital invests in start-ups and companies undergoing business development and growth with groups of business angels.

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Investment focus

  • Industry: Software, Artificial Intelligence, Aerospace
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, United Kingdom, The Netherlands

Investor stats

  • Total investments: 50
  • Round size: Seed $318k–$3.2M; Pre-Seed $281k–$1.4M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • CBRX — At CBRX we transform cybersecurity operations with automated incident analysis and reduce incident response times. Our advanced technology helps Security Operations Centers (SOCs) and cybersecurity teams reduce up to 90% of manual work, enabling them to focus on strategic priorities.
  • MELP — MELP makes it easy to engage your employees.
  • Luna Robotics — Luna Robotics specializes in designing and manufacturing advanced drones for night-time operations. Our cutting-edge technology ensures mission success in challenging conditions.
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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 4 investments in Lithuania Hardware startups

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 38
  • Round size: Seed $329k–$2.6M; Pre-Seed $120k–$965k; Series A $4.7M–$7.1M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
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Presto Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 4 investments in Lithuania Hardware startups

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, United States, Estonia

Investor stats

  • Total investments: 80
  • Round size: Seed $713k–$2.7M; Pre-Seed $132k–$1.4M; Series A $3.8M–$32M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $159M in 2024

Portfolio highlights

  • Corn — Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.
  • PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
  • The New Era® of Shopping — The New Era® of Shopping helps merchants make their catalogues discoverable and shoppable inside AI assistants. Key features of the platform include two-way catalog syncing with PIMs/ERPs, SKU-level intelligence to measure AI visibility and ranking of products inside LLM responses, user prompts analysis for trends and volume insights, andautomated content optimization to improve how products rank in conversational answers. The product is already integrated with all major eCommerce platforms like Shopify, WooCommerce, Magento, BigCommerce, Wix, etc, as well as main AI discovery platforms: ChatGPT, Gemini, Claude, Google AI Mode, and Perplexity.
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Taiwania Capital Management Corporation
VC Fund · Taipei, T'ai-pei, Taiwan · 2 investments in Lithuania Hardware startups

NEWS Nurturing Stalwarts of Future Industries Taiwan us [...]

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Investment focus

  • Industry: Software, Artificial Intelligence, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Taiwan, United Kingdom

Investor stats

  • Total investments: 79
  • Round size: Seed $3M–$11M; Series A $4.9M–$85M; Series B $10M–$55M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Opsera — Opsera automates any CI/CD toolchain, enables declarative pipelines, and provides unified insights across your entire software delivery process.
  • Viracta Therapeutics — Our team possesses deep, cross-functional experience and shares a longstanding commitment to developing new medicines to benefit cancer patients. Management Strategic Advisor Board of Directors Scientific Advisory Board
  • Regenacy Pharmaceuticals — Regenacy Pharmaceuticals is a pioneer in developing novel treatments through regeneration of normal protein function using oral, isoform selective histone deacetylase enzyme ("HDAC") inhibitors.
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Katalista Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Katalista Ventures believe in the power of entrepreneurs to have an exponential impact on Global Grand Challenges and Sustainable Development Goals. Our mission is to enable high-impact, resilient ventures through tailored support and access to a wide network of mentors and investors.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $281k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • isLucid — AI voice agents that answer calls, schedule appointments, and handle support. No humans needed.
  • Earthbanc — The world's most advanced data driven carbon and finance marketplace. Venture backed by the European Space Agency incubator.
  • Regvolution — Regvolution is a RegTech Start up developing Machine Learning powered Solutions to help banks optimise their regulatory capital and comply efficiently with their Finance & Risk regulations.
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LitCapital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Helping ambitious businesses in their growth journey

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Investment focus

  • Industry: Manufacturing, SaaS, Laser
  • Stage:Series A, Private Equity, Seed
  • Geography: Lithuania, United Kingdom, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Series A $3.1M–$7.2M; Private Equity $3.3M–$18M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Ondato — Ondato provides KYC, AML, and age verification software to automate onboarding, prevent fraud, and ensure full regulatory compliance worldwide.
  • Whatagraph — Whatagraph is the AI-powered marketing intelligence platform for effortless reporting. Turn complex data into insights instantly. Start for free now.
  • Elinta Charge — Transform your charging experience with our industry-leading EV charger, built for businesses, public spaces, and municipalities.
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Darius Matuliauskas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Darius Matuliauskas

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Investment focus

  • Industry: Gaming, Internet, Software
  • Stage:Angel, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Vladas Lašas
Angel · 2 investments in Lithuania Hardware startups

Vladas Lašas

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Investment focus

  • Industry: SaaS, Retail, Aerospace
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Lithuania, Luxembourg, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $295k–$3.5M; Pre-Seed $296k–$995k
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Ver.iD — Streamline your user onboarding, verify user credentials, and enjoy seamless Single Sign-On with all identity apps.
  • Walk15 — Walk15 is a startup that encourages people to walk every day with its app.
  • The Knotty Ones — Slow fashion label that specializes in luxury knitwear crafted by female artisans and garment workers in rural areas of Lithuania
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Renaldas Zioma

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Investment focus

  • Industry: Internet, Artificial Intelligence, Software
  • Stage:Angel, Pre-Seed, Convertible Note
  • Geography: Lithuania, Finland, Ukraine

Investor stats

  • Total investments: 9
  • Round size: Angel $85k–$2.1M; Pre-Seed $219k–$1.7M; Convertible Note $362k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sort A Brick — Sort A Brick transforms your Toy Bricks into endless building experiences
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Renewable Energy, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, France

Investor stats

  • Total investments: 53
  • Round size: Seed $274k–$8M; Pre-Seed $55k–$4.1M; Series A $1.7M–$15M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Eliq — Energy data platform for utilities combining customer insights and operational intelligence to improve service, reduce churn and grow revenue.
  • PVcase — From site selection and design to yield optimization; PVcase helps streamline your entire process.
  • Urbio — Intuitive online software for urban energy planning and design. Urbio helps energy providers, utilities, consultants and real estate companies save time and money with generative design and digital twins.
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Justas Janauskas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Justas Janauskas is a CEO at Vinted, mobile social shopping platform for pre-loved fashion.

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Investment focus

  • Industry: Pet, Apps, EdTech
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Lithuania, Germany, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1.2M–$4.5M; Angel $85k–$287k; Pre-Seed $159k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dogo GmbH — Dogo app - dog trainer in your pocket. Strengthen your friendship with training
  • Cocoli — Cocoli offers furniture & home decor solutions.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Intel
VC Fund · Santa Clara, California, United States · 1 investments in Lithuania Hardware startups

Intel is building on its unrivaled history of innovation to power the future of computing and communications. Intel's ambitions? A world that runs on Intel. Intel is doing this by helping its customers find the technologies and solutions that allow them to transform their businesses and gain market advantage.And it all starts with data.Intel is on a journey from a PC-centric company to a data-centric company. Intel's unmatched depth of experience and scope of vision allows it to dream big, to create a world where Intel powers the future of computing and communications—including powerful processors and accelerators that unlock the full potential of data. Intel continuously delivers advances in performance, power, and connectivity across a diversity of data-centric workloads, so its customers can harness the raw power of data.Intel's innovations span architecture, memory, software, and security to help develop transformative products and experiences for its customers. Collectively, Intel's 107,000 employees worldwide are enabling amazing experiences in 5G, artificial intelligence, driverless cars, and much more.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Series B, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 81
  • Round size: Seed $1.3M–$10M; Series B $5.6M–$84M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Fab 34 JV — Fab 34 is a key semiconductor manufacturing facility in Leixlip, Ireland, central to Intel’s foundry and AI chip strategy.
  • MercuryAi — Tired and frustrated with having to pay for the endless sea of artificial intelligence apps catering to different needs? Finding it hard to catch up with this fast paced world where AI has become a necessity? Mercury Ai assistant is here to become your friend in need. At the tap of a finger, discover the world of unlimited possibilities with our AIchatbot API that provides impeccable and precise information through an amalgamation of 20+ LLM models like Gemini API, Claude 3.5 API, Llama 3.1, GPT-4o API etc. With leading technology partners like Google, Microsoft, Intel, Discord, Amazon and Nvidia, Mercury Ai also provides custom Ai agents for customer support, content creation and business automation through a single subscription at a fraction of the original cost.
  • SEMSEYE — SEMSEYE - intelligent embedded systems for Internet of Things environment with the first released innovative “People Traffic Management” solution. It is provided as unique business model - “Counting as a service” (IaaS & SaaS) and delivers you MLA (Mobile Location analytics) based on Internet connected SEMSEYE devices installed at your premises(IaaS) enabling retailers, real estate owners (such as Shopping Malls, Airports, Bus and Train stations) to track and analyze consumers’ behavior. It also makes possible to proactively support on decision-making processes throughout their stores and/or public areas via their interactive stands, mobiles, pcs and tablets and then deliver Cloud based analytics and reports analysis context such as weather forecasts, marketing, campaigns, loyalty or social programs.
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Lead Ventures
VC Fund · Budapest, Budapest, Hungary · 1 investments in Lithuania Hardware startups

Lead Ventures is a Budapest-based venture capital firm, specialist of financing scale-ups in Central Europe. Its mission is to support the region’s most promising ventures with capital, experience and a wide-ranging professional network, enabling them to transform their industry with innovation. Lead Ventures provides equity financing tocompanies in their scale-up phase, the typical ticket size is between EUR 2-10 million. Lead Ventures is searching for dynamic teams with a unique story, outstanding growth potential and solutions tested and validated by the market. The firm seeks to invest in companies operating in the mobility, energy and sustainability as well as b2b services and software sectors, however, Lead Ventures is open to support teams active in other areas as well.Lead Ventures has EUR 200 million under management invested by MOL, the most successful energy company in CEE, and two financial institutions specialised in supporting the startup ecosystem - the Hungarian Development Bank (MFB) and Eximbank.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Hungary, United Kingdom, Croatia

Investor stats

  • Total investments: 28
  • Round size: Seed $3M–$11M; Series A $2M–$11M; Series B $3.7M–$28M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • XUND — Answer the most important health questions with AI-powered technology from XUND. Medically certified and CE marked.
  • AMODO — Amodo is an InsurTech company that helps insurance carriers create usage-based products based on behavioral data collected from users' smartphones.
  • Recart — Recart lets online merchants forge automated customer connections and drive growth via conversational experiences. See what it can do for your brand.
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bmp Ventures
VC Fund · Berlin, Berlin, Germany · 1 investments in Lithuania Hardware startups, 7 in the past 12 months

bmp Ventures is an innovative Venture Capital Company from Berlin. Since 1997 we’ve been investing Smart Money in Early Stage and Growth Startups. We finance ingenious business models with outstanding teams, who build fast-growing and sustainably profitable enterprises.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Germany, United States, Austria

Investor stats

  • Total investments: 118
  • Round size: Seed $151k–$3.4M; Series A $30k–$5.9M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Sedivention — Fight obesity within 20 minutes - fast, effective, long-term. A new weight-loss therapy for the treatment of obesity. Just a view minutes will change your life.
  • Solar Materials — SOLAR MATERIALS developed a recycling technology for solar modules, which recovers all raw materials for a circular solar industry.
  • Litherm Technologies — Litherm Technologies GmbH is a German deep‑tech startup focused on decarbonizing lime and cement production using fully electric kiln technology.
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Koinvesticinis Fondas
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

The co-investment fund invests in start-ups and business start-ups with business angel groups or private venture capital funds.

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Investment focus

  • Industry: Health Care, Machine Learning, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Lithuania

Investor stats

  • Total investments: 14
  • Round size: Seed $265k–$1.7M; Angel $106k–$186k; Pre-Seed $122k–$383k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Cogastro — Cogastro is a core management system for edible insect farms.
  • Contribee — An easy way to collect one-time and recurring donations from your fans. 0% fees for creators and many more features!
  • FOROS Green Invest Platform — FOROS is a platform for forest investing, co-founded by Justas Kaveckas and Tadas Palaima. The company plans to scale in the Baltic sea region and further on. The platform brings together forest owners and investors and offers tools to track the value of their assets based on live market data, simplifying what is typically a complex process. Usersare provided with an option to let FOROS manage the forest which includes sustainable logging of trees.
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Mantas Mikuckas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Mantas Mikuckas is based out of Vilnius, Vilniaus Apskritis and is the Co-Founder & Board Member of Unicorns Lithuania. Mantas previously worked at Practica Capital as a Founder Partner.

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Investment focus

  • Industry: Software, E-Commerce, Marketplace
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $384k–$17M; Pre-Seed $1.7M–$2.2M; Series A $1.6M–$50M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Sort A Brick — Sort A Brick transforms your Toy Bricks into endless building experiences
  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
  • Inbalance grid — Inbalance grid develops charging infrastructure that is built on a cluster system with a master and slave design concept, where the majority of the components are off the shelf and managed by In Balance grid software.
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NGL
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

We unleash opportunities through business angel education, investment syndicates, and startup advisory boards.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania

Investor stats

  • Total investments: 11
  • Round size: Seed $1.1M–$3.2M; Pre-Seed $713k–$1.3M; Series A $7.1M–$7.1M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • WhiteBridge AI — Whitebridge.ai will find everything about you online and provide you with a report. Check your online reputation or research people using AI. We help transform scattered online data into a coherent narrative of a your digital identity so that you can safeguard your reputation, understand prospects, prepare for pitches, hire wisely, and verify authenticity.
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Agmis
VC Fund · Kaunas, Kauno Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Agmis provides tools for digital business transformation. We transform technology into business success.

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Investment focus

  • Industry: Software, Virtual Assistant, Speech Recognition
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • isLucid — AI voice agents that answer calls, schedule appointments, and handle support. No humans needed.
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Omni Commerce Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Ecommerce technology investments

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Investment focus

  • Industry: Retail, Computer, Software
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
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Rita Sakus
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Rita Sakus is a Board Member at European Business Angel Network EBAN

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Investment focus

  • Industry: Aerospace, Software, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: Lithuania, The Netherlands

Investor stats

  • Total investments: 7
  • Round size: Seed $905k–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ver.iD — Streamline your user onboarding, verify user credentials, and enjoy seamless Single Sign-On with all identity apps.
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
  • Astrolight — Astrolight develops secure laser communication systems for aerospace and defence.
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Rinat Ismagilov
Angel · 1 investments in Lithuania Hardware startups

Rinat Ismagilov

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Robotopia — Unique concept of Self-Propelled Smart Batteries and Payloads for fully autonomous drone systems from local to urban to regional scale. Quick integration into existing automated storage and retrieval system (AS/RS)
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Linas Samuolis
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Linas Samuolis

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Stage:Angel
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Robotopia — Unique concept of Self-Propelled Smart Batteries and Payloads for fully autonomous drone systems from local to urban to regional scale. Quick integration into existing automated storage and retrieval system (AS/RS)
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Yury Melnichek
Angel · Zürich, Zurich, Switzerland · 1 investments in Lithuania Hardware startups

Belarusian tech entrepreneur and investor. Founded MAPS.ME (sold to Mail.Ru Group, November 2014) and AIMATTER (sold to Google, August 2017). In 2018 Yuri, together with his partner Andrey Avsievich, launched Bulba Ventures, Belarus-based startup investment company. Bulba Ventures will focus on Belarusian and ready-to relocate to Minsk startupswith a strong competitive edge and technical excellence in machine learning.

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Investment focus

  • Industry: Software, Artificial Intelligence, Farming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belarus, Lithuania, Singapore

Investor stats

  • Total investments: 6
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • OneSoil — OneSoil helps agricultural professionals monitor their fields and help them increase their yields. OneSoil builds mobile and web apps that use satellite imagery for agricultural analytics and provides field insights for farmers and agricultural consultants.
  • WANNA — Virtual Try On solutions for fashion industry.
  • AIMatter — Photo & Video Segmentation, Style Transfer, Face Tracking, Facial Landmark Detection, 3D Landmarks, De-noise, De-blur, Face warping.
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MaxCom
VC Fund · Kowalowa, Pomorskie, Poland · 1 investments in Lithuania Hardware startups

Maxcom is a firm in the production of telecommunications devices, phones, wireless loudspeakers, smartwatches, and electric scooters

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Investment focus

  • Industry: Hardware
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rubbee — Rubbee is a high-efficiency electric friction drive for bicycles. It changes the way regular bicycles used to be converted into electric ones. With an integrated clamp mechanism it can be mounted on bicycles in just a few seconds and the innovative drive motor with an integrated battery pack keeps You going without having to pedal for miles.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Hardware startups

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 14
  • Round size: Seed $600k–$2.6M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • SafePAS — Discover portable lab-grade analyzers that offer precision wherever you need it. With cutting-edge technology, we deliver lab-grade precision and cost-effective solutions for drug detection and soil analysis.
  • Jeff — Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other typesof digital footprint.Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score.The company was founded in 2019 and is located in Riga, Latvia.
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BSV Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Baltic Sandbox Ventures is an early-stage VC dedicated to developing the Deep Tech and Life Science ecosystem in the Baltic region. Our focus is on early-stage individuals and teams that are engaged in research and development and are seeking to address complex technical challenges with significant potential for commercial applications.

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Investment focus

  • Industry: Software, Aerospace, Analytics
  • Stage:Pre-Seed, Seed
  • Geography: Lithuania, Estonia, Finland

Investor stats

  • Total investments: 18
  • Round size: Seed $207k–$905k; Pre-Seed $132k–$2.4M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $18M in 2022

Portfolio highlights

  • Airvolve — Airvolve operates as an aerospace startup.
  • QurieGen — Precision Medicine via Single-Cell AI
  • Axiology — Axiology's mission is to develop a robust trading and settlement system using Distributed Ledger Technology (DLT-TSS). Through advanced distributed ledger technology, we are building a decentralized securities infrastructure that revolutionizes financial transactions. With a focus on transparency, security, and efficiency, we are reshaping the future of finance.
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Vytenis Benetis
Angel · 1 investments in Lithuania Hardware startups

Vytenis Benetis is a Angel investor.

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Investment focus

  • Industry: SaaS, Internet, UX Design
  • Stage:Angel
  • Geography: The Netherlands

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Ver.iD — Streamline your user onboarding, verify user credentials, and enjoy seamless Single Sign-On with all identity apps.
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Lithuania Hardware startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 294
  • Round size: Post-IPO Debt $7.7M–$658M; Debt Financing $13M–$400M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Interconnect Malta — Interconnect Malta is a government organization that develops and implements energy infrastructure projects.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Boost VC
VC Fund · San Mateo, California, United States · 1 investments in Lithuania Hardware startups

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

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Investment focus

  • Industry: Software, Blockchain, Virtual Reality
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 224
  • Round size: Seed $455k–$6.1M; Pre-Seed $75k–$2.4M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • SKETCHAR.io — Sketchar is the ultimate AR drawing app for art creation, learning to draw, and collaborating with 12M people. Try now!
  • Candlestick.io — Advanced crypto trading with smart money tracking and DeFi analytics
  • Space DOTS — SKY-I, by SpaceDOTS, transforms fragmented space environmental data into unified, mission-critical intelligence that enables confident decision-making across the entire space mission lifecycle.
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Kickstarter
VC Fund · Brooklyn, New York, United States · 1 investments in Lithuania Hardware startups

Kickstarter exists to help bring creative projects to life. A home for film, music, art, theater, games, comics, design, photography, and more.

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Investment focus

  • Industry: Consumer Electronics, Fashion, Software
  • Stage:Product Crowdfunding, Seed, Pre-Seed
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $110k–$6.6M; Pre-Seed $24k–$525k; Product Crowdfunding $46k–$2M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Naked Root — Naked Root generates technology that makes it simple to grow plants.
  • IFO Corporation — A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.
  • Uptime Industries — Lemony is a secure, on-premise generative AI platform that delivers organization-wide trust, ownership, and transparency in AI. It provides all AI needs in a box, on-premise, fully private and secure, no cloud access required - $499/mth for up to 5 users. Start exploring organization-specific AI on a desk with a single Lemony Box (Node), andscale for larger teams and increased multi-model usage with multiple Lemony Nodes. All business data are securely grounded in.
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InReach Ventures
VC Fund · London, England, United Kingdom · 1 investments in Lithuania Hardware startups

InReach Ventures builds its own proprietary software and AI to discover and invest in the best early-stage startups from all over Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Apps
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 41
  • Round size: Seed $2.2M–$4.4M; Pre-Seed $1.1M–$2.4M; Series A $5.1M–$11M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $62M in 2019

Portfolio highlights

  • Eneba — Since its launch back in late 2018, Eneba has been (and continues to be) growing at the speed of light. We aim straight for the bull's eye, and we have no intention to miss.Here at Eneba, we are much more than just regular co-workers. We are a team, a squad, and a crew of like-minded professionals who share the same passion for gaming. Westrive for professionalism and excellence on a daily basis. By doing so, we provide the easiest access and means to video games & services for gaming communities worldwide.Our mission is to bring an outstanding selection of games to every single interested player, in the safest, most trustworthy, and cheapest way possible. And we are not only doing it - we are rocking it!
  • jobpal — We build AI-powered chatbots that automate the engagement between companies and candidates. jobpal makes it easy for candidates to discover and apply for jobs so that recruiters can concentrate on building meaningful relationships.
  • Streamkap — Streamkap is the modern real-time data exchange to sync data between systems as well as between companies
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Andrei Avsievich
Angel · 1 investments in Lithuania Hardware startups

Andrei Avsievich

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Investment focus

  • Industry: Software, Mobile Apps, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: United States, Belarus, Lithuania

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Balancy — Balancy is a workspace for game designers and monetization managers that provides a set of tools for fine-tuning game balance and monetization through LiveOps - special offers, game events, segmentation, A/B Tests, etc. This allows game developers to create more experiences, better customize games for players, and increase retention andmonetization.
  • WANNA — Virtual Try On solutions for fashion industry.
  • Fams — Supportive family relationship co-pilot.Edutainment parenting app for building conscious relationships in familiesAny situations under your conscious control with Fams. Learn how to react in a healthy way without negative effects, no matter what. Fams support you in a vital journey to archiving parenting skills & dream goals throughpersonal step-by-step programs in a playful way: interactive comics-stories based on daily-life family situations.https://drive.google.com/file/d/1_Y8NZ6rJRMQRtjbt8JR5WF89rmo6WWlf/view
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Bulba Ventures
VC Fund · Minsk, Minsk, Belarus · 1 investments in Lithuania Hardware startups

Empowering machine learning startups. Funding positive transformation.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Fitness
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Belarus, Lithuania

Investor stats

  • Total investments: 10
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Gero — Utilizing whole-exome sequencing data for in-human AI drug discovery
  • Zenia — Thanks to Zenia, yoga beginners now have easier and more affordable access to dive into yoga at home and practice with all the information they need. We believe nothing looks as good as healthy feels.Safety first. We’ve built Zenia to be a guide that adapts to your pace, monitors the progress, and gives gentle corrections. Whether you want tostart yoga, build strength, get in shape, feel better, or be inspired, the app will help you to achieve your goals.Easy. Safe yoga practice doesn’t need to happen at an offline yoga studio. You can access the Zenia studio online from the comfort of your home and, while you’re at it, get instant feedback from your teacher.
  • VOIR — Voir app lets you try on makeovers, accessories and hair colors in a real time. Mix different makeup ideas in order to create your perfect look. All beauty features are true-to-life. You can use selected style and colors in real life and look amazing.
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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Hardware startups

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 48
  • Round size: Seed $549k–$6.1M; Series A $4.4M–$16M; Series B $2.8M–$30M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $106M in 2021

Portfolio highlights

  • Minut — Minut keeps your home safe and your neighbors happy while respecting your guests' privacy. Monitor noise and occupancy, secure your home, and enhance guest experience. Only Minut gives you the full insight you need to protect your homes, all in one single sensor.
  • Commsignia — Trust for the road ahead.
  • WunderGraph — Build supergraphs from any API across teams. Ship fast with governance and control. The complete open-source GraphQL Federation stack with Hub and Cosmo.
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Animoca Brands
VC Fund · Cyberport, Hong Kong Island, Hong Kong · 1 investments in Lithuania Hardware startups

Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 386
  • Round size: Seed $1.6M–$10M; Series A $5M–$40M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • 0G — The First Decentralized AI Operating System
  • DNABLOCK — We enable Web3 creator communities to design and mint NFT collections of truly custom photorealistic 3D avatars, environments and cinema-quality animated content with no code or animation knowledge.
  • Ignite Tournaments — Ready to take your mobile games to the next level? Join Ignite Tournaments and compete in real money esports tournaments. Download our app now and win big!
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Eimantas Sabaliauskas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Eimantas Sabaliauskas is the Co-Founder of Nord Security. He previously worked at ADTARGET.ME as a Co-Founder, CEO and Board Member. Eimantas Sabaliauskas attended Vilniaus universitetas, Vilnius University.

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Investment focus

  • Industry: Retail, Medical, Computer
  • Stage:Seed
  • Geography: Lithuania, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Mishkay — Mishkay cultivates gourmet and medical mushrooms such as Shiitake, Lion's mane, Eringi, and others - delectable and, more significantly, often therapeutic mushrooms.
  • PIXEVIA — PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.
  • Yours App — The Choice Is Yours
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Pi Campus
VC Fund · Rome, Lazio, Italy · 1 investments in Lithuania Hardware startups

Pi Campus is a startup district and a venture fund that invests in talent. We provide startups with money, mentorship and the best work environment for growth.

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Investment focus

  • Industry: Software, Mobile, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Italy, United States, United Kingdom

Investor stats

  • Total investments: 52
  • Round size: Seed $125k–$6.4M; Pre-Seed $100k–$1.6M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Loquis — La prima piattaforma per ascoltare e raccontare il mondo tramite podcast geolocalizzati
  • Intron Health — Voice AI Built for How Africa Speaks Our next-generation intelligent voice model built from the ground up for AfricaUnlike Global systems retrofitted for the continent Sahara v-2 understands how Africa actually sounds Build with Sahara Try Sahara Built for African SpeechFrom Lagos Call Centers, to Hospitals in Nairobi, Boardrooms in Cape Town, and Courtrooms in
  • Cyberwave — Transform your industry with AI-defined robotics. Frictionless automation that makes advanced robotics accessible to manufacturers of all sizes.
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Mantas Puida
Angel · Monaco, Bayern, Germany · 1 investments in Lithuania Hardware startups

Mantas Puida

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Investment focus

  • Industry: Gaming, Internet, Software
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Evaldas Budvilaitis
Angel · 1 investments in Lithuania Hardware startups

Evaldas Budvilaitis

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Investment focus

  • Industry: Retail, Security, Computer Vision
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ScanWatch — Enhance retail checkout with ScanWatch suite. Prevent fraud, reduce losses, and improve customer experience using AI and Computer Vision.
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Avia Capital
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Lithuania Hardware startups

Avia Capital is a fund that financially supports Polish companies (B2B).

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Investment focus

  • Industry: Logistics, Electronics, Information Technology
  • Geography: Poland, Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hadatap — Hadatap enhances business practices by enhancing production, logistics, and production.
  • Elinta Charge — Transform your charging experience with our industry-leading EV charger, built for businesses, public spaces, and municipalities.
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Linas Švaikauskas
Angel · 1 investments in Lithuania Hardware startups

Linas Švaikauskas

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Investment focus

  • Industry: Retail, Security, Computer Vision
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ScanWatch — Enhance retail checkout with ScanWatch suite. Prevent fraud, reduce losses, and improve customer experience using AI and Computer Vision.
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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Lithuania Hardware startups

Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Seed, Series A
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 101
  • Round size: Seed $395k–$11M; Series A $3.8M–$84M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Akson Robotics — Akson Robotics is a developer of AI and robotics-based products that focus on greener and efficient agriculture through precision farming.
  • Aquark Technologies — Aquark Technologies develops atom systems to develop quantum applications, including atomic clocks, sensors, and navigation systems. Aquark develops a technique to miniaturize cold atom systems using unique laser geometry that is based on more than 10 years of proprietary research at the University of Southampton.
  • Coalescent Mobile Robotics — Coalescent Mobile Robotics is a robotics company developing mobile robots to automate transportation processes in the mutilple industries.
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Balnord
VC Fund · 1 investments in Lithuania Hardware startups

High Conviction first check investor backing tech founders from Poland & Baltics.

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Investment focus

  • Industry: Wireless, Telecommunications, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Poland, Denmark, Lithuania

Investor stats

  • Total investments: 7
  • Round size: Seed $3.2M–$8M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • Avenue Biosciences — From biotechnology tools to therapy discovery and development: Our platform enhances production yield and the quality of your end product.
  • Sapient Perception — Sapient Perception develops advanced AI-powered perception systems that transform visual data into actionable intelligence.
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Hardware Investor funding in Lithuania at a glance

Stats across 3 deals from 4 investors.

4
investors
in Lithuania Hardware startups
3
deals
in Lithuania Hardware startups
$307k
median round
in Lithuania Hardware startups
25%
lead investors
lead at least one round
33%
Series A
most common funding stage
100/0
VC / Angel
share of investor count

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