Top 20 Hardware VC (Venture Capital) Funds in Lithuania in October 2023

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.