Lithuanian Axiology raises €5M
Founded in Lithuania in 2023, Axiology operates a licensed platform that combines the activities of a depository, exchange, and broker on a single licensed platform. This makes it easier for companies to issue bonds and shares and for investors to purchase them. The founders of Axiology are Marius Jurgilas, Andrius Košuba, Andrius Mamontovas, and Algirdas Neciunskas.
Exponential Science is a non-profit organization that integrates exponential technologies to solve complex global problems through education, research, and innovation. It was founded in 2022 in Georgetown, Kentucky, USA.
e2vc (formerly 500 Emerging Europe) is a venture capital firm that supports globally-oriented startups in Emerging Europe countries. e2vc's goal is to help startups gain global recognition, particularly in markets such as the US, and to support founders in expanding their businesses internationally from the early stages. Founded in 2016. e2vc is headquartered in Istanbul, Turkey.
Coinvest Capital stands out as a sovereign VC fund, fully funded by the Lithuanian state and the EU. It is a 100% subsidiary of the National Development Bank ILTE, which is, in turn, owned by the Ministry of Finance. Government ownership ensures the Fund's stability and reliability, acting as a shareholder on behalf of the Republic of Lithuania. Coinvest Capital was founded in 2018. The managing director of Coinvest Capital is Viktorija Trimbel.
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. In 2024 fund raised $15M from NATO Innovation Fund (NIF), Lithuanian ILTE fund (ex-Invega). BSV Ventures has offices in Lithuania, Estonia and Finland.
NGL Ventures was founded in April 2024 in Lithuania by former LitBAN Managing Director Justinas Pasys and Ieva Dargyte-Pasiene as a family business. There are 92 members in the network. NGL has placed eight advisory board members in four startups.
TIBAS Ventures is a venture capital firm that invests in technology startups with global ambitions. The company focuses on supporting entrepreneurs and founders with high growth potential in various sectors, offering both financial support and strategic guidance. Founded in 2023, it is headquartered in Amsterdam, the Netherlands.
Plug and Play Tech Center is a global innovation platform and startup accelerator headquartered in Silicon Valley, California, USA. Founded in 2006, the platform's goal is to connect startups with large corporations, investors, and industry leaders in various sectors.
