BSV invests in Madrid-based company Reveni

UPD: There was an error in the original source. BSV is not involved in the transaction. We apologize for any inconvenience.

Lithuanian BSV participated in a €7.5M Series A funding round for Madrid-based company Reveni. Other investors included 13books Capital, JME Ventures, and Bynd Venture Capital.

Founded in Madrid in 2022, Reveni has developed a reverse logistics solution. This product allows e-commerce brands to instantly refund and exchange goods. The platform uses its own risk assessment model to approve requests in real time without exposing customers to risk. In 2025, Reveni launched Reveni Atlas, a platform for e-commerce brands operating internationally.

Reveni will use the funds raised to expand its operations in the UK and EU, as well as to develop new products and grow its team.

BSV Ventures (formerly Baltic Sandbox Ventures) is a venture capital fund specializing in investments in high technology, biotechnology and dual-use technologies in the Baltic States and the rest of Europe. The fund was founded by Sandra Golbreich, Andrius Milinavičius and Erik Bhullar in 2022 in Lithuania. Last year fund has raised $15M from NATO Innovation Fund (NIF), Lithuanian ILTE fund (ex-Invega). BSV Ventures has offices in Lithuania, Estonia and Finland.

13books Capital is a venture capital firm founded in 2019 and based in London, UK. The company focuses on investing in companies operating in the financial technology sector. 13books Capital provides financing and support to startups and companies in the scaling stage.

JME Ventures is a venture capital firm founded in 2009 in Madrid. The fund's goal is to help technology startups grow through financial backing and strategic support. Areas of interest: startups in various sectors, including the Internet of Things (IoT), healthcare technology, artificial intelligence (AI), fintech, and consumer technology.

Bynd Venture Capital is a company that has been investing in early-stage technology startups since 2010. In November 2024, it was reported that the company had launched a third fund worth €40 million to invest in technology startups in Spain and Portugal. Bynd is headquartered in Lisbon, Portugal.