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Top 10 Medical VC Funds & Investors in Lithuania (August 2026)

The most active venture capital funds investing in Lithuania Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Lithuania Medical 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
4 Lithuania, United Kingdom, United States Seed, Pre-Seed, Series A Software, B2B, Information Technology $219k–$30M
Coinvest Capital
VC Fund
3 Lithuania, United Kingdom, The Netherlands Seed, Pre-Seed Software, Artificial Intelligence, Analytics $320k–$3.2M
Iron Wolf Capital
VC Fund
2 Lithuania, Estonia, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $120k–$7.3M
BSV Ventures
VC Fund
1 Lithuania, Estonia, Finland Pre-Seed, Seed, Grant Software, Biotechnology, Manufacturing $64k–$2.3M
LitCapital
VC Fund
1 Lithuania, United Kingdom, The Netherlands Seed, Series A, Private Equity Electronics, Manufacturing, SaaS $1.1M–$18M
Koinvesticinis Fondas
VC Fund
1 Lithuania Seed, Pre-Seed, Angel Health Care, Machine Learning, Information Technology $106k–$1.7M
EstBAN
VC Fund
1 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $200k–$2.2M
NGL
VC Fund
1 Lithuania, Sweden Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $700k–$7.1M
Simpact Ventures
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Health Care, Software $250k–$8M
Lemonade Stand
VC Fund
1 Estonia, Lithuania, India Seed, Pre-Seed Software, Artificial Intelligence, FinTech $227k–$3M
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Investor list

Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 4 investments in Lithuania Medical 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: 125
  • Round size: Seed $219k–$3.3M; Pre-Seed $500k–$2.4M; Series A $2.4M–$30M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Creem — Creem is the all-in-one platform where software companies run payments, taxes, affiliates and revenue - together Finance for humans building online
  • kopa.ai — AI agents for e-commerce growth.
  • Outcraft AI — Outcraft AI is the autonomous revenue engine built to drive growth across the entire customer lifecycle.
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Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Medical startups, 10 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, Analytics
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, United Kingdom, The Netherlands

Investor stats

  • Total investments: 65
  • 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.
  • PDKinematics — PDKINEMATICS builds 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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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Medical startups, 6 in the past 12 months

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: 43
  • Round size: Seed $450k–$2.6M; Pre-Seed $120k–$1M; Series A $3.2M–$7.3M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Vegvisir — Revolutionising battlefield capabilities with XR technologies. Situational awareness & enchanced decision making for manned vehicles, remote platforms and command stations.
  • UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
  • 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 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 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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LitCapital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Medical startups

Helping ambitious businesses in their growth journey

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Investment focus

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

Investor stats

  • Total investments: 8
  • Round size: Seed $1.1M–$4.2M; Series A $3.1M–$7.2M; Private Equity $3.3M–$18M
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • Cargo Stream — Cargo Stream is a management platform for the whole logistics chain of land transportation. The company's system provides capability as a Self-service portal for logistic companies (forwarders/carriers). It provides advanced support and recommendation on how to drive their business forward. Cargo Stream was founded in 2019 and based inLithuania.
  • Elinta Charge — Transform your charging experience with our industry-leading EV charger, built for businesses, public spaces, and municipalities.
  • Elinta Motors — The company Elinta Motors from Lithuania develops electric and plug-in hybrid drives for commercial vehicles up to 7.2 tons. All drive components including electric motors, battery modules and electronics have been developed in-house.
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Koinvesticinis Fondas
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Medical 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 $304k–$1.7M; Angel $106k–$611k; Pre-Seed $122k–$409k
  • 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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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Medical 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 $232k–$1M; Pre-Seed $200k–$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 - The worlds first 100% renewable power storage for grid stabilization
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NGL
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Medical startups, 8 in the past 12 months

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

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Sweden

Investor stats

  • Total investments: 18
  • Round size: Seed $1.1M–$3.2M; Pre-Seed $700k–$1.7M; Series A $7.1M–$7.1M
  • Lead/follow: 11% lead, 89% 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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Simpact Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Lithuania Medical startups

Simpact is the first impact investment venture capital fund in Poland. We are looking for tech-driven startups that incorporate high business potential and a positive social or environmental impact. We empower founders to build tech companies which combine profit with purpose and have a potential to change the world for the better.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 38
  • Round size: Seed $250k–$3.6M; Pre-Seed $250k–$653k; Series A $1.5M–$8M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Dekoeko — Dekoeko.com is a sales and community platform that connects designers working in upcycling, eco-design and slow fashion with people who value a unique and distinctive neutral design for the environment.
  • ThermoEye — Integrated early disease detection system for animal production.
  • Glaze Prosthetics — Premium 3D-printed upper limb prosthetics combining cutting-edge design, lightness, and uncompromising comfort.
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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Medical startups

Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania, India

Investor stats

  • Total investments: 43
  • Round size: Seed $1M–$3M; Pre-Seed $227k–$2.2M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
  • Soldera — Soldera is unifying energy certificate registries. We give corporate energy buyers, sustainability teams, procurement teams, utilities, and traders one infrastructure layer across fragmented registries so they can procure, manage, and cancel renewable energy certificates with far less manual work.The platform combines aggregated procurement fromthousands of utilities with cleaner registry execution and audit-ready, government-backed cancellation statements traceable to the generating machine. That makes renewable energy certificate management easier to run, easier to evidence, and easier to scale across markets.
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Medical VC funding in Lithuania at a glance

Stats across 25 deals from 22 investors.

22
investors
in Lithuania Medical startups
25
deals
in Lithuania Medical startups
$1.1M
median round
in Lithuania Medical startups
50%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 22 VC funds in Lithuania Medical startups.

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