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Top 5 Medical Device VC Funds & Investors in Lithuania (July 2026)

The most active venture capital funds 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, Health Care $323k–$3.2M
Practica Capital
VC Fund
1 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$25M
EstBAN
VC Fund
1 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $197k–$2.2M
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 $55k–$1.5M
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Investor list

Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Medical Device startups, 15 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, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, United Kingdom, The Netherlands

Investor stats

  • Total investments: 64
  • Round size: Seed $329k–$3.2M; Pre-Seed $323k–$1.3M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Tingit — Tiings is a zero-effort fashion repairs marketplace for busy people & brands.
  • PDKinematics — PDKinematics creates precision guidance systems for the UAV era.
  • 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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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: 121
  • Round size: Seed $219k–$3.3M; Pre-Seed $500k–$2.4M; Series A $2.2M–$25M
  • Lead/follow: 32% lead, 68% 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.
  • kopa.ai — Kopa is the AI co-pilot for e-commerce brands — built on 9-figure operator expertise.We help digital stores grow faster with less effort by proactively analyzing every corner of the business — from marketing and inventory to pricing, reputation, and customer experience — then deploying AI agents to take action.We believe the future ofe-commerce isn’t just data-driven — it’s autonomous. And we’re building the invisible infrastructure to power it.
  • 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, Lithuania, Latvia

Investor stats

  • Total investments: 22
  • Round size: Seed $215k–$2.2M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
  • Lead/follow: 36% lead, 64% 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 Technologies is a Finnish deep-tech energy that creates renewable supercapacitors using only nanocellulose, biocarbon, and water, eliminating the need for mining entirely.
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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 $18M in 2022

Portfolio highlights

  • FirstQFM — FirstQFM offers patent-pending AI 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 develops rapid and instrument-free solutions for infectious disease diagnostics, aiming for affordability and global accessibility. The company is committed to implementing a sustainable and socially responsible business model to contribute to better global health through its technology. The product portfolio includes solutionslike PCR-TO-GO, designed to bring doctor's office-level diagnostics to the patient's door.
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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 $55k–$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 — Hyivy Health is working on the first smart pelvic health rehabilitation system for patients and the clinicians who treat them.
Show all investments...

Medical Device VC funding in Lithuania at a glance

Stats across 13 deals from 14 investors.

14
investors
in Lithuania Medical Device startups
13
deals
in Lithuania Medical Device startups
$329k
median round
in Lithuania Medical Device startups
57%
lead investors
lead at least one round
46%
Seed
most common funding stage

Access all 14 VC funds in Lithuania Medical Device startups.

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