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Lithuanian-American Innovation Award

VC Fund

Lithuanian-American Innovation Award is a VC fund focused on Music and Medical. Lithuanian-American Innovation established by the Baltic American Freedom Foundation the Innovation Agency - Lithuania and the U.S. Embassy.

Total investments:
3
Last investment:
Lead investor:
33%

Last updated:

Industries Lithuanian-American Innovation Award invests in

MusicMedicalSoftwareAnalyticsHealth Care

Stages Lithuanian-American Innovation Award invests in

GrantPre-Seed

Countries Lithuanian-American Innovation Award invests in

LatviaLithuania

Round sizes

Grant $5.4k–$12k

Round size

Grant
$5.4k–$12k

Investment Focus

Industry

  • Music 1 (33%)
  • Medical 1 (33%)
  • Software 1 (33%)
  • Analytics 1 (33%)
  • Health Care 1 (33%)
See all 14 industries →

Stage

  • Grant 2 (67%)
  • Pre-Seed 1 (33%)

Country

  • Latvia 2 (67%)
  • Lithuania 1 (33%)

Investments

CompanyDescriptionRoundLinks
We are Deep Tech startup company located in Lithuania. We are a team of medical doctors who also happen to know AI and thus we build exciting solutions for healthcare. Our latest project is the automation of heart ultrasound image analysis using Deep Learning algorithms. The product we call Ligence Heart is able to automatically recognise heartimage view and perform all the necessary measurements. Physicians can now skip doing those manual measurements themselves. $5.4K / Grant / Mar 04, 2024
Solfeg.io is a B2B2C music education platform that simplifies music teaching in schools and inspires students to learn music also at home. We use top-hit songs to drive engagement, AI-tailored content to fill in the knowledge gaps and research-based methodology to simplify the learning process. $5.8K / Pre-Seed / May 29, 2018
Aerones offers robotic inspections, cleaning, coating, and repair services for wind turbine blades. They provide conductivity measurements and troubleshooting, drainage hole cleaning, external inspection of the wind turbine blades, and internal inspection of the blades. $11.5K / Grant / May 29, 2018

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FAQ

What does Lithuanian-American Innovation Award invest in?

Lithuanian-American Innovation Award invests primarily in Music, Medical and Software startups, most often at Grant and Pre-Seed stage. Most of the 3 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Lithuanian-American Innovation Award invest in?

Lithuanian-American Innovation Award typically joins rounds of $5.4k–$12k at Grant. These are whole funding-round sizes, not Lithuanian-American Innovation Award's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Lithuanian-American Innovation Award took part in.

When did Lithuanian-American Innovation Award last invest?

The most recent investment recorded for Lithuanian-American Innovation Award closed in Mar 2024. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Nov 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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