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Top 5 Medical Device Startup Investors in Lithuania (October 2026)

The most active venture capital funds and angel investors investing in Lithuania Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Lithuania Medical Device startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Coinvest Capital
VC Fund
3 Lithuania, United Kingdom, The Netherlands Seed, Pre-Seed Software, Artificial Intelligence, Manufacturing $320k–$3.2M
BSV Ventures
VC Fund
1 Lithuania, Estonia, Finland Pre-Seed, Seed, Grant Software, Biotechnology, Manufacturing $64k–$2.3M
Zcube
VC Fund
1 Italy, Canada, Lithuania Seed, Pre-Seed, Series B Health Care, Medical Device, Medical $56k–$1.5M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
EstBAN
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $95k–$1.5M
Access all 16 investors in Lithuania Medical Device startups.

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Investor list

Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Medical Device startups, 7 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, Manufacturing
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, United Kingdom, The Netherlands

Investor stats

  • Total investments: 67
  • Round size: Seed $320k–$3.2M; Pre-Seed $323k–$1.3M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Tingit — Tiings is a zero-effort fashion repairs marketplace for busy people & brands.
  • Monopulse — Monopulse is producing secure UAVs in Europe exclusively tailored for Government, Military, and Law Enforcement use
  • PDKinematics — PDKINEMATICS builds precision guidance systems for the UAV era.
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BSV Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Medical Device 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, Biotechnology, Manufacturing
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Lithuania, Estonia, Finland

Investor stats

  • Total investments: 31
  • Round size: Seed $207k–$2.3M; Grant $64k–$134k; Pre-Seed $328k–$1.4M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $16M in 2022

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Emulsi Biotech — Emulsi Biotech is a biotechnology company that develops lipid technology to deliver biologic drugs orally.
  • Intu Diagnostics — Intu Diagnostics specializes in developing innovative power-free , low-resource setting at-home molecular diagnostic platforms for infectious disease detection. Our solutions enable accurate diagnostic testing anywhere, eliminating the need for laboratory infrastructure.
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Zcube
VC Fund · Bresso, Lombardia, Italy · 1 investments in Lithuania Medical Device startups

Zcube is the Research Venture of the Zambon Group. It was established in 2003 to explore innovation and research in the Life Science field on a global level. Zcube has three work streams: Zcare, Open Accelerator, investments in national and international funds. It supports the development and acceleration of innovative startups

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Italy, Canada, Lithuania

Investor stats

  • Total investments: 5
  • Round size: Seed $56k–$1.5M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Vilimed — Vilimed specialises in the development of medical devices like Vilim ball which is a therapeutic device developed for hand tremor reduction.
  • PharmEste — PharmEste s.r.l., a biopharmaceutical company, engages in the discovery and development of transient receptor potential (TRP) channel therapeutics for the treatment of neuropathic pain, overactive bladder, and other TRP-mediated diseases. It develops PHE377, a TRPV1 antagonist for the treatment of neuropathic pain.
  • Hyivy Health — Better care happens when the entire system is supported. Meet Hyivy's connected platform for pelvic care.
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Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Medical Device startups

Practica Capital

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Investment focus

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

Investor stats

  • Total investments: 148
  • Round size: Seed $219k–$3.3M; Pre-Seed $555k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem is the money platform for the AI era. Sell software and digital products globally.
  • kopa.ai — Kopa is the AI Google Ads media buyer and ecommerce marketing platform for stores doing 7 figures and up. Replace slow agencies, freelancers, and manual PPC rule tools with store-connected campaigns, AI static and video creatives, 8-area audits, offer pages, and reporting.
  • Outcraft AI — Outcraft AI develops autonomous revenue agents that convert, retain and grow customers across voice, SMS, email and messaging.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Medical Device 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, CleanTech, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 25
  • Round size: Seed $215k–$1.5M; Angel $95k–$1M; Pre-Seed $198k–$1.2M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
  • Granarium Technologies — Granarium - The worlds first 100% renewable power storage for grid stabilization
Show all investments...

Medical Device Investor funding in Lithuania at a glance

Stats across 19 deals from 16 investors.

16
investors
in Lithuania Medical Device startups
19
deals
in Lithuania Medical Device startups
$64k
median round
in Lithuania Medical Device startups
69%
lead investors
lead at least one round
37%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 16 investors in Lithuania Medical Device startups.

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