Startup Archives - Startup Lithuania

Jacamiah Global Real Estate Ltd is an affiliate of Industry Investment Group LLC Qatar, a financial holding company that manages the Gulf Cooperation Council's sovereign wealth fund by investing in a diversified portfolio of assets in key economic and industrial sectors with the aim of generating sustained financial gains". Also, Jacamiah Global Real Estate Ltd is an affiliate of World Business Angel Investment Forum in Nigeria. About the World Business Angels Investment Forum (WBAF) As an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), the World Business Angels Investment Forum (WBAF) is committed to collaborating globally to empower the economic development of the world by fostering innovative financial instruments for startups, scaleups, innovators, entrepreneurs and SMEs and to promoting gender equality and women’s.

Credit conditions: Loans for debt financing/soft loans, are drawn from 5 Million to 25 Billion and above in all investment sectors, for the start-up and expansion of commercial enterprises at an interest rate of 2% per annum, which is not limited to any region or sector (except the cannabis industry). In cases of startups and small / medium scale businesses, we can fund them from 1 Million & above to meet with their funding requirements.

Elevator Ventures is the venture capital fund backed by Raiffeisen Bank International, Raiffeisen-Holding Niederösterreich-Wien, and Raiffeisen-Landesbank Steiermark and manages funds of more than 100m€ to elevate the growth of technology companies in Fintech and Beyond Banking. The team invests in Series A and B growth equity rounds in DACH and CEE and uses the deep expertise and intel of its corporate investors to support their portfolio companies. To date, Elevator Ventures has deployed over €50 million, with investments into 18 companies - resulting in five successful exits - and into two additional funds.

Waiting for Startups with: Achieved product market fit and ready to scale.
Fields of interest: Fintech, Cybersecurity, Climate Resilience, Legaltech, Regtech
Benefits for Startups: Raiffesein Bank network for business development opportunities
Fund range per team: €1-3m
Investment conditions: Equity
Market focus: DACH & CEE

Lost Astronaut is a self-funded experiment in backing relentless builders. We’ve built and broken enough things to know the magic usually starts where the playbook ends.

We invest our own capital - €25K to €250K - and make decisions in 24 hours. No committees. No gatekeeping. No pretending to be more professional than we are. Just velocity, curiosity, and a little bit of beautiful madness.

Sometimes it flies. Sometimes it explodes. Either way, we learn, build again, and keep moving.

Waiting for Startups with: team, MVP, first income
Fields of interest: Generalist – open to opportunities across all sectors
Benefits for Startups: fast, founder-first investment and hands-on mentoring
Fund range per team: from 25 000 to over 250 000 Eur
Investment conditions: equity-based investment
Market focus: Europe-focused, with a global outlook

Health Founders is an international, fully online early-stage Health Technology accelerator, based in Estonia. We connect teams with clinical partners, financing opportunities and get teams investment ready.

For the next generation of innovators in recommerce

We’re investing in the next generation of innovators. Vinted began as a startup that made second-hand a significant part of how millions of people shop. Now, we’re enabling more businesses to shape the future of consumption.

We support technology companies who tackle challenges in recommerce. Whether you’re building a marketplace, developing cutting-edge solutions in logistics and payments, or changing the way people consume – we want to hear from you. Bold visions need strong foundations: we back Series A, B, and C companies around the world that demonstrate strong potential for growth and results.

What we offer:

Funding growth

Focus on your long-term growth with our financial support. Our goal is to empower you on your mission with funding ranging from €0.5M–€10M.

Expert advisory

Get access to insights from experienced executives at Vinted. They can offer personalised guidance and practical expertise to help you navigate challenges and opportunities.

🦄 Jaunaragiai - Backing Lithuania’s youngest founders with capital, opportunities, and network Jaunaragiai is a philanthropy-powered startup fund that supports youth (16–29 y.o.) with their first capital, network, and growth opportunities. Whether you're still in school/university or fresh out, we believe your startup idea deserves a chance - no matter your background. We invest in very early and early-stage, youth-led teams with small tickets, co-investment support, mentorship, and programs that help turn ideas into businesses. We're especially excited to support Junior Achievement alumni! What we can help with: • Early-Stage Investment – €10K–40K from Jaunaragiai, plus intros to VC funds and angels • Pre-Accelerator – programs to help you build & validate (first edition launched, more coming soon) • Hackathons/Bootcamps – our annual startup event for young creators • Mentorship – from experienced founders & operators • Erasmus for Young Entrepreneurs – up to 6 months abroad with EU funding • Equity-free grants – coming soon Waiting for Startups with: Idea, Prototype, MVP, or First traction stage – led by youth (aged 16–29). Fund range per team: • Investment – €10K–40K per team • Co-investment support – up to €500K rounds with partners • Grants – coming soon Investment conditions: Equity (standard or convertible), often co-investing with angels/VCs Support from our board: • Martynas Kandzeras (Entrepreneur, Investor) • Vladas Lašas (Investor, UPS Lithuania Founder) • Milda Mitkutė (investor, Vinted Co-Founder) • Greta Monstavičė (Katalista Ventures Co-Founder) • Tomas Moška (Turing College Co-Founder) • Andželika Rusteikienė (LJA CEO) • Marijus Andrijauskas (FIRSTPICK Partner)

Verge is a VC fund manager focused exclusively on impactful healthtech startups at a global scale and at their earliest stages. The Fund invests in scalable technologies that solve large unmet needs in health and platforms that can reach millions. We don't invest in molecules, gene therapy or drug development platforms.

Waiting for Startups with: prototype, first income
Fields of interest: Healthtech
Fund range per team: 50M
Market focus: Global

SMOK Ventures is a US/CEE venture capital fund investing 100k-1M EUR in early stage startups in Central & Eastern Europe and diaspora. Our primary focus is software and gamedev. We love to work with serial entrepreneurs with a global vision who aim to build global leaders in their industries.

Waiting for Startups with: mvp, first income
Fields of interest: software, gamedev
Benefits for Startups: We're part of global network of funds created by Paul Bragiel.
Fund range per team: 25 M
Investment conditions: equity, safes
Market focus: CEE

Project "Startuolis": Building The Startup Highway We help startups to grow through the hackathon, pre-acceleration, and incubation programs in central and western Lithuania by offering a mix of mentorship, peer support, and networking opportunities. Effective innovation framework establishment for the creation, acceleration and development of startups and promotion of product idea development through hackathons and incubation services (SEIV system) (STARTUOLIS) No. 02-025-K-0001 Implementation period: 2024 Feb. - 2027 Feb. Project Objective: To create a coherent system for promoting innovation in central and western Lithuania. Project Description: The project aims to assist startups in central and western Lithuania in their growth and development, establish a sustainable, resilient, and thriving innovative business community within the country, and reduce innovation disparities between the capital's business environment and other regions. Building on ROCKIT’s success in cultivating a dynamic innovation ecosystem in Vilnius, we are now poised to extend our expertise to central and western Lithuania. Our program offers a comprehensive suite of services including acceleration programs, training, and networking opportunities, designed to support the growth of startups across the country. We invite innovative individuals, teams, and businesses interested in open innovation to join us in this program. Expanding to the Kaunas and Klaipėda regions, ROCKIT will provide incubation services, hackathons, and pre-acceleration programs, leveraging our proven experience to build a supportive startup community nationwide. Our mission is to lead in financial technology and sustainable innovation, ensuring startups across Lithuania have the resources, knowledge, and network to thrive. Financed by European Union funds for 2021-2027 Project value: 979 567,09 Eur Project funding: 832 632,03 Eur