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Top 30 Hardware Startup Investors in Lithuania (May 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
7 Lithuania, United Kingdom, United States Seed, Series A Information Technology, Software, B2B $170k–$23M
Iron Wolf Capital
VC Fund
4 Lithuania, Estonia, United Kingdom Seed, Pre-Seed, Series A Software, Infrastructure, Manufacturing $120k–$6.9M
Presto Ventures
VC Fund
4 Czech Republic, Georgia, Lithuania Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$2.1M
Open Circle Capital
VC Fund
3 Lithuania, Canada, The Netherlands Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $54k–$7.2M
Renaldas Zioma
Angel
2 Finland, Ukraine, Lithuania Seed, Angel, Pre-Seed Artificial Intelligence, Manufacturing, Information Technology
Darius Matuliauskas
Angel
2 Lithuania Angel, Pre-Seed Gaming, Internet, Software
LitCapital
VC Fund
2 Lithuania, United Kingdom, The Netherlands Series A, Private Equity, Seed Manufacturing, SaaS, Insurance $3M–$18M
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Energy $54k–$23M
Justas Janauskas
Angel
2 Lithuania, Germany, United Kingdom Seed, Angel, Pre-Seed Pet, Aquaculture, Information Technology $86k–$4.3M
Kickstarter
VC Fund
1 United States, Japan, United Kingdom Product Crowdfunding, Seed, Pre-Seed Consumer Electronics, Software, Fashion $24k–$6.4M
Tesonet
VC Fund
1 United Kingdom Seed
Baltic Sandbox Ventures
VC Fund
1 Lithuania Pre-Seed Retail Technology, Artificial Intelligence, Supply Chain Management
Karma Ventures
VC Fund
1 Estonia, Sweden, Finland Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $536k–$30M
InReach Ventures
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Learning $1.6M–$11M
EstBAN
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Angel Software, Information Technology, EdTech $193k–$1.5M
Boost VC
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Software, Virtual Reality, Blockchain $70k–$4.4M
Pi Campus
VC Fund
1 Italy, United States, United Kingdom Seed, Pre-Seed Software, Mobile, Biotechnology $100k–$4M
Koinvesticinis Fondas
VC Fund
1 Lithuania Seed, Pre-Seed, Angel Artificial Intelligence, Information Technology, Machine Learning $107k–$1.7M
Mantas Mikuckas
Angel
1 Lithuania, United States Seed, Series A, Pre-Seed E-Commerce, Marketplace, Information Technology $375k–$7.1M
Coinvest Capital
VC Fund
1 Lithuania Seed, Pre-Seed Information Technology, Gaming, Medical Device $311k–$1.6M
Mantas Puida
Angel
1 Lithuania Pre-Seed Gaming, Internet, Software
bmp Ventures
VC Fund
1 Germany, United States, Austria Seed, Series A Information Technology, Software, Manufacturing $29k–$4.3M
European Investment Bank
VC Fund
1 France, Germany, Ireland Debt Financing, Post-IPO Debt Biotechnology, Health Care, Software $6.4M–$536M
Linas Švaikauskas
Angel
1 Lithuania Pre-Seed Retail, Security, Computer Vision
Linas Samuolis
Angel
1 Lithuania Angel Drones, Robotics, Aerospace
MaxCom
VC Fund
1 Lithuania Hardware
Agmis
VC Fund
1 Lithuania Pre-Seed Retail, Security, Computer Vision
Avia Capital
VC Fund
1 Poland, Lithuania Logistics, Electronics, Information Technology
Rinat Ismagilov
Angel
1 Lithuania Drones, Robotics, Aerospace
Evaldas Budvilaitis
Angel
1 Lithuania Pre-Seed Retail, Security, Computer Vision
Access all 3 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 · 7 investments in Lithuania Hardware startups

Practica Capital

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Investment focus

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

Investor stats

  • Total investments: 82
  • Round size: Seed $170k–$1.7M; Series A $2.1M–$23M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Favro — The #1 app making collaborative planning working at scale between teams for SaaS & Live Games companies. Agile team collaboration, smoother than ever.
  • AMLYZE — AMLYZE Risk Assessment Module is an automated customer AML/CFT Risk Assessment and Management feature for financial companies.
  • Atrandi Biosciences — Achieve your discoveries easier using high-throughput screening and droplet microfluidics. Create your own custom workflows for any R&D or academic applications.
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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, Infrastructure, Manufacturing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $321k–$1.9M; Pre-Seed $120k–$943k; Series A $4.6M–$6.9M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Speiz — Speiz is a platform that enables revenue generation and sales for companies through the renting of warehousing space.
  • Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
  • Repsense — Repsense is a data company that mimics user journeys and predicts reactions to content found in search results pages. any of the clients can use the Repsense Index to quickly assess their reputation and compare it to competitors across different geographies and user intents.
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Presto Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 4 investments in Lithuania Hardware startups, 13 in the past 12 months

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: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, Georgia, Lithuania

Investor stats

  • Total investments: 53
  • Round size: Seed $857k–$2.1M; Pre-Seed $100k–$1.7M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • GoRamp — GoRamp offers top-tier software solutions for shippers to make proactive decisions while sourcing, monitoring & analysing transportation management
  • Spenfi — Explore the best tool for efficient company finance management. Learn how to optimize your financial processes and make informed decisions.
  • Outfindo — Making bikes & e-bikes buying easy
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Open Circle Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 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, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Canada, The Netherlands

Investor stats

  • Total investments: 15
  • Round size: Seed $54k–$1.2M; Pre-Seed $214k–$643k; Series A $5M–$7.2M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Monimoto — The smart tracker for motorcycles
  • Whatagraph — Connect, visualize, and share all of your marketing data in a single platform. Built for marketing agencies and in-house marketing professionals.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

Renaldas Zioma

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Ukraine, Lithuania

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • #Rens — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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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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LitCapital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Hardware startups

LitCapital is regional independent professional private equity fund management company. LitCapital was founded in 2010 and currently is managing a EUR 25 M size growth capital fund Litcapital I KŪB. The fund was established under the JEREMIE initiative in cooperation with European Investment Fund (EIF) and is aimed at investing into expansion ofprivate companies with particular focus on minority growth investments in high value added and exports driven B2B companies.LitCapital is a hands-on investor. Even though our approach is not based on too many formal procedures, we have fundamental investment principles. Firstly, we invest a substantial part of our own financial resources and hence we treat all investments as the businesses' owners. Therefore, we put all our efforts to ensure that invested capital earns adequate return for the Fund and business founders.

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Series A $3M–$7.2M; Private Equity $3.2M–$18M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Ondato — Ondato provides end-to-end eKYC and AML solutions to streamline your compliance processes. Fight fraud with an identity verification service.
  • Whatagraph — Connect, visualize, and share all of your marketing data in a single platform. Built for marketing agencies and in-house marketing professionals.
  • Elinta Charge — Elinta Charge creates and puts together EV charging stations for both industrial and domestic use.
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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, Information Technology, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, Estonia

Investor stats

  • Total investments: 34
  • Round size: Seed $214k–$2M; Pre-Seed $54k–$2M; Series A $1.6M–$23M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 42 Watt — 42 Watt is an energy conservation consultancy which strives to reduce costs, save energy and protect the climate.
  • CHOOOSE — CHOOOSE builds digital tools so that everyone, anywhere, can easily integrate climate action into everyday life and business.
  • Vianova — Vianova is a platform for managing connected and shared mobility in the urban public realm. It helps cities better manage their urban space, starting with mobility services. Along with the benefits of new mobility solutions, cities face growing challenges as they integrate fast-developing modes of transportation. Its company's technology helpscities and mobility operators better collaborate and communicate, in order to foster more liveable and breathable streets.
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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, Aquaculture, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Lithuania, Germany, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1.2M–$4.3M; Angel $86k–$289k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dogo GmbH — Download Dogo, a positive dog training app with clicker. Train your puppy at home and become best friends with your dog. +100 tricks & games.
  • 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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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, Software, Fashion
  • Stage:Product Crowdfunding, Seed, Pre-Seed
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 29
  • Round size: Seed $107k–$6.4M; Pre-Seed $24k–$525k; Product Crowdfunding $54k–$2M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Naked Root — Naked Root generates technology that makes it simple to grow plants.
  • FirstAid Pads — At FirstAid Pads, we have developed a solution to the problem of emergency menstrual needs. Our single-use, disposable pads are designed to be carried with you wherever you go, allowing you to have access to menstrual hygiene products when you need them most. Our pads are ultra-absorbent, comfortable, and discreet, making them the perfect solutionfor unexpected situations. No more worrying about leaks, discomfort, or embarrassment. With FirstAid Pads, you can have the peace of mind you deserve. Say goodbye to the inconvenience of buying an entire pack of pads when you only need one. Try FirstAid Pads today and see the difference for yourself.
  • IFO Corporation — The IFO Experience: Elevating Life through DesignIFO Corporation creates various brands that captivate the senses and transcend expectations creating exhilarating experiences. The existing and more ‘coming soon’ flagship brands ensure and will continue to ensure individuals get the most out of their ventures.IFO Corporation exists to be thecenter of the design civilization to make the world a more harmonical, sustainable, and quality place to live via creating exceptionally designed products in multiple areas, such as clothing, gaming, and education. However, it is not just about creating products - it is about creating unforgettable experiences that leave a lasting impression. IFO Corporation, committed to innovation and customer satisfaction, boasts a diverse team that consistently delivers outstanding design experiences, backed by a proven track record of success and industry recognition.
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Access 48,091 investors

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

Browse database — It's Free!
Tesonet
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware startups

Tesonet was founded in 2008 as a startup run by two tech enthusiasts. With tens of successful proprietary products and 2,000+ in-house talents, today Tesonet represents a fully developed infrastructure to establish, develop, fund, and scale businesses that bring meaningful tech for industry disruption. Tesonet has build one of the world’s leadingcybersecurity solutions providers Nord Security, founded a leading customer support company Cyber Care and many more. Since 2018, Tesonet has also invested in a number of successful globally-oriented startups like Hostinger, CAST AI, Turing College, Eneba, Yours App and others.

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Investment focus

  • Stage:Seed
  • Geography: United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% 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.
  • Yours App — The Choice Is Yours
  • Siauliu Bankas — Šiaulių Bankas Group engaged in leasing, life insurance and real estate areas.
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Baltic Sandbox 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: Retail Technology, Artificial Intelligence, Supply Chain Management
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

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

Portfolio highlights

  • WeSky — WeSky develops In-Seat power systems that allow airlines to provide enhanced In-flight experiences and operating efficiency.
  • Glassity — Glassity is B2B SaaS building an automation tool - the CloudPrompt that - eliminates the non-visibility of the cloud as well as the knowledge and skills gap - speeds up operations - reduces the cloud costs by half - reduces energy consumption and carbon emissionsGlassity technology turns the black box of the cloud into a “transparent glass”:For cloud managers and decision-makers by providing immediate answers about their specific infrastructure and full visibility of the cloud. For cloud engineers by speeding up their daily operations with a valuable toolset gathered within one console while keeping the cloud and its costs fully optimised.
  • Libera Global — he Libera is the first of its kind decentralized data acquisition project for Emerging Markets, creating massive social impact whilst fixing multi-billion-dollar supply chains.
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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, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, Sweden, Finland

Investor stats

  • Total investments: 36
  • Round size: Seed $536k–$4.3M; Series A $4.8M–$16M; Series B $3.2M–$30M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
  • DRUID — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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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, E-Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 36
  • Round size: Seed $1.6M–$4M; Series A $4.9M–$11M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Glassfy — The only subscription platform for developers and product managers. Glassfy provides the infrastructure to build & optimize subscriptions for mobile applications. You can now add subscriptions easily with a few lines of code, get info about any event happening in real-time, create different paywalls, and test which selling proposition usersprefer.
  • Amalia.io — Streamline Sales Compensation. Incentive & Compensation Management platform that accelerates your business while uniting your team.
  • Dreamdata — Dreamdata is a B2B Revenue Attribution Platform that gathers, joins, cleans all revenue-related data to present transparent, actionable analysis of what drives B2B revenue. The ultimate B2B multi-touch attribution tool for multi-techstack businesses.
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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, EdTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 11
  • Round size: Seed $600k–$1.5M; Angel $214k–$1M; Pre-Seed $193k–$439k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • VSight — VSight is an industrial collaboration and knowledge-sharing platform powered by Augmented Reality to empower the industrial workforce.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
  • DriveX Technologies — DriveX offers a trustworthy self-serviced car inspection software for the used car, insurance and car rental markets.
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Boost VC
VC Fund · San Mateo, California, United States · 1 investments in Lithuania Hardware startups, 17 in the past 12 months

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

Investor stats

  • Total investments: 171
  • Round size: Seed $405k–$4.4M; Pre-Seed $70k–$2.1M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
  • Space DOTS — The first modular pico-labs for active in-space testing of advanced materials, from LEO to Cis-lunar and Interplanetary orbits.
  • Cascade Biocatalysts — Cascade Biocatalysts is built on a novel way to immobilize enzymes. Our technology keeps enzymes active and stable under difficult industrial conditions.
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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: 49
  • Round size: Seed $125k–$4M; Pre-Seed $100k–$214k
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Fondo — Fondo is an all-in-one accounting platform for startups. We'll handle your bookkeeping, tax, and tax credits so you can focus on building your startup.
  • Turion Space — Turion Space provides a spacecraft to remove orbital debris and services to existing satellites. The spacecraft will rendezvous and dock with current satellites and large debris objects using vision sensors and robotic arms. Utilizing the onboard propulsion system, the spacecraft will either deorbit or change the orbit of the debris object orsatellite.
  • Sixfold Bioscience — Sixfold Bioscience engineers programmable oligonucleotide delivery systems are able to deliver RNA exclusively to diseased cells. It is based in London.
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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: Artificial Intelligence, Information Technology, Machine Learning
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Lithuania

Investor stats

  • Total investments: 12
  • Round size: Seed $268k–$1.7M; Angel $107k–$188k; Pre-Seed $214k–$386k
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Cogastro — Cogastro is a management system for insect farms. The software captures important data and tracks operations to assure traceability and improve farm efficiency
  • 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 · 1 investments in Lithuania Hardware startups

2011 – Practica Capital co-founder and partner.2009 – 2012 Partner at CEE Capital, a private investment company. Executed a number of successful transactions in various industries.2008 – 2011 Co-owner and Member of the Board at Itex, IT maintenance and consulting company.2002 – 2010 Founded and managed Interdata, one of leading internethosting companies in Lithuania, which was sold to Baltic Data Centre (TeliaSonera Group).10+ years of experience in business creation and exit to strategic buyer in IT&T sector.

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Investment focus

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

Investor stats

  • Total investments: 11
  • Round size: Seed $375k–$1.6M; Series A $1.6M–$7.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • 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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Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Hardware 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: Information Technology, Gaming, Medical Device
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 9
  • Round size: Seed $311k–$1.6M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • WeSky — WeSky develops In-Seat power systems that allow airlines to provide enhanced In-flight experiences and operating efficiency.
  • ColibrisODM — We are one stop-shop for on-demand manufacturing services such as cutting, forming, welding, machining, coating, and assembly.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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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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bmp Ventures
VC Fund · Berlin, Berlin, Germany · 1 investments in Lithuania Hardware startups

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

Investor stats

  • Total investments: 102
  • Round size: Seed $148k–$2.4M; Series A $29k–$4.3M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $2.5M in 2022

Portfolio highlights

  • Neotiv — Enabling cognitive health
  • Wingfield — Wingfield ist dein Zugang zu einem virtuellen Tenniserlebnis.
  • InLine-Med — Radiologists perform safe, precise & easy interventions with the InLine-Med surgical tools and assistance devices.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Lithuania Hardware startups, 56 in the past 12 months

European Investment Bank (EIB) provides lending, borrowing, and treasury services primarily in the European Union.The company offers project loans for the public and private sectors; loans to banks and other intermediaries; structured finance products; guarantees and securitization instruments for senior and subordinated debts; project bonds;equity and fund investment products such as infrastructure equity and debt funds, and environmental funds; and venture capital funds and security packages for funds.The company also offers microfinance; risk sharing finance for research, development, and innovation projects; finance and technical expertise for sustainable energy projects; infrastructure project advisory services; support for urban development projects; guarantees for transport infrastructure; and funding for public-private partnerships and small- and medium-sized enterprises.EIB serves the transportation, global loans, energy, industry, health, education, water, sewerage, infrastructure, services, telecommunications, agriculture, and fisheries sectors.European Investment Bank was founded in 1958 and is based in Luxembourg.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, Ireland

Investor stats

  • Total investments: 202
  • Round size: Post-IPO Debt $6.4M–$536M; Debt Financing $11M–$321M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Valmet — Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries.
  • CTP — CTP NV is a real estate company that owns and develops industrial and logistics parks.
  • Cofina Ivory — Cofina Ivory is a savings and credit institution that operates in the sector of mesofinance.
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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: no public data

Portfolio highlights

  • ScanWatch — ScanWatch is retail software suite to reduce losses and improve shopper experience at manned and self-checkout counters. ScanWatch integrates with any checkout.
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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: no public data

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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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 — The new Rubbee X. Completely wireless, expandable modular battery and fastest installation on the market. You can now pre-order Rubbee X
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Agmis
VC Fund · 1 investments in Lithuania Hardware startups

Agmis

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Investment focus

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

Investor stats

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

Portfolio highlights

  • ScanWatch — ScanWatch is retail software suite to reduce losses and improve shopper experience at manned and self-checkout counters. ScanWatch integrates with any checkout.
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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 — Elinta Charge creates and puts together EV charging stations for both industrial and domestic use.
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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: no public data

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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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: no public data

Portfolio highlights

  • ScanWatch — ScanWatch is retail software suite to reduce losses and improve shopper experience at manned and self-checkout counters. ScanWatch integrates with any checkout.
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Hardware Investor funding in Lithuania at a glance

Stats across 2 deals from 3 investors.

3
investors
in Lithuania Hardware startups
2
deals
in Lithuania Hardware startups
$1.7M
median round
in Lithuania Hardware startups
33%
lead investors
lead at least one round
50%
Series A
most common funding stage
100/0
VC / Angel
share of investor count

Access all 3 investors in Lithuania Hardware startups.

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