🦄 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)