BalticVC

Lithuanian AI-startup Repsense has closed a €2M seed round. The round was led by Tensor Ventures, joined by Seed Starter, CVC Česká spořitelna, and existing investors BSV Ventures and Coinvest Capital .

Lithuanian Firstpick and CoInvest have invested in Spanish company Algori . Red Bull Ventures, Tech Transfer Agrifood (Clave Capital), and AttaPoll, as well as existing investors, also participated in the €3.6M funding round. Algori's investors also include industry veteran Jared Schreiber (InfoScout).

Aneli Venture Capital Fund has launched in Lithuania. The €35M fund will primarily focus on startups in the fields of information and communication technologies (ICT), as well as robotics, space, photonics, and energy, to help them grow and prepare to attract follow-on investors. 

Jeff Bezos' AI startup Project Prometheus has acquired General Agents , a startup founded by Lithuanian Jurgis Pašukonis.

Objective and methodology of the survey The BalticVC media team conducted its second study of the Baltic startup ecosystem, the Baltic Startup Survey. The partner of the survey became Yellow Rocks! The study was conducted in the form of a survey of startup founders from Lithuania, Latvia, and Estonia.

The Lithuanian company Vinted is considering the possibility of a secondary sale of shares. The deal is currently at an early stage and could be completed in early 2026.  Although the final estimate has not been confirmed, there is information that Vinted plans to raise about €8B to provide liquidity for early investors and long-time employees.

Lithuanian digital healthcare startup Self.co has raised €2.56M: €1.2M – from Iron Wolf Capital with the participation of Coinvest , NGL Ventures , and several business angels, and €1.36M – a state grant from the Lithuanian Innovation Agency to enter new European markets and improve testing technology.

Yellow Rocks! , a venture fund based in San Francisco and Lisbon, is exploring the Baltic market and looking to invest in promising early-stage startups. The fund is ready to invest in Baltic companies at early stages (pre-seed, seed, as well as follow-on investments at the Series A stage) with a transparent global scaling strategy. 

Lithuanian company Eneba (also known as Helis Play) has received a €10M loan from ILTE Lietuva . 

Vilnius-based Nexos.ai , which develops a multifunctional artificial intelligence platform, has raised €30M in a Series A. The startup received investment from the British fund Evantic Capital, the Swiss Index Ventures, the Swedish Creandum, the American Dig Ventures and business angels.

Lithuanian startup Supernaut AI , developing an AI assistant for engineering teams, has raised €530K in pre-seed funding from the Finnish venture capital firm Superhero Capital.

Lithuania’s development bank ILTE and Latvia’s ALTUM have established the Baltic Capital Markets Acceleration Fund under the management of 1 Asset Management with total capital of over €50M.

Lithuanian BSV Ventures has led a €1.2M pree-seed round for the Stockholm-based quantum technology company FirstQFM . Other investors include Almi Invest , Further than Capital , and Luminar Ventures .

Lithuanian cybersecurity startup CBRX (formerly Cyberalert) has raised €540K in a pre-seed round from Coinvest Capital , Scalewolf , Plug and Play Tech Centre , and Firstpick .

Lithuanian defense tech startup Luna Robotics has raised €1.08M from NGL Ventures , Coinvest Capital , Plug & Play , and several international business angels.

  Joiner App , a Lithuanian startup that operates a socialization platform, has raised over €500K in an angel round. The names of the business angels have not been disclosed.

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

  Lithuanian Firstpick VC has invested €350K in Unive , an AI platform for career guidance. The startup received an additional €60K in the form of a grant from Lithuanian startup accelerator EduChallenger .

Lithuanian company Codigi has bought Aicore, a  specializing in AI and IT services for the manufacturing sector. The two companies have been working together for a year, and the merger will allow Codigi to integrate Aicore's solutions into its platform.

Lithuanian HRtech MELP has raised €1.2M from Coinvest Capital and business angels.