Baltic Tech Ventures

16/05/2022

Following our latest AGM, we are very pleased to elect the following new supervisory board members to bring a wealth of venture capital experience to BTV - https://www.baltictechventures.com/post/new-supervisory-board-elected

18/11/2021

To increase the attracted investments for Baltic companies, Capitalia (daughter company Capitalia Fund Management AIFP) has created its first closed risk venture capital investment fund.
Read more via Startup Lithuania :

To increase the attracted investments for Baltic companies, Capitalia daughter company Capitalia Fund Management AIFP...

21/10/2021

Latvian startup visa program was launched back in 2017. It is a temporary residence permit for non-EU startup founders who are willing to relocate and develop their startups in Latvia. Read more about how it has helped many driven entrepreneurs..

Startup Visa, Latvia, Startups, LIAA, Startup Team

21/10/2021

Ready to brainstorm for new ideas?

Join Fintech Inn 2021 today and tomorrow for a 2-day virtual event offering plenty of stimulating discussions!

Check out the full event agenda here:

https://www.fintechinn.lt/agenda/

Get your free ticket here: https://www.fintechinn.lt/

Fintech Inn is international Fintech conference focused on digital banking, payments and remittance, lending, insuretech, compliance, digital identity, cyber security, blockchain, digital assets and more.

21/10/2021

“Estonia is pulling in the money,” writes Sifted, summarizing the recent VC investment report that says that Estonia has raised the highest number of investments per capita out of any countries in Europe.

“Estonia is pulling in the money,” writes Sifted, summarising the recent VC investment report that says that Estonia has raised the highest number of investments per capita out of any countries in Europe.

14/10/2021

“We always view challenges as new opportunities” -Ensto Ensek

Electrical solutions manufacturer Ensto Ensek was named Investor of the Year at the Estonian Entrepreneurship Awards 2021. Ensto Ensek turned the pandemic to its advantage by staying open, solving the component shortage problem, growing both turnover and production volumes, created 100 new high-skilled jobs and invested 4 million euros in the Estonian factory for automatization and digitalization.

Electrical solutions manufacturer Ensto Ensek was named Investor of the Year at the Estonian Entrepreneurship Awards 2021 gala yesterday. Ensto Ensek turned the pandemic to its advantage by staying open, solving the component shortage problem, growing both turnover and production volumes, created 10...

14/10/2021

Are you looking to explore more options in funding your startup? If so, Startup Lithuania has launched an interactive platform to help guide founders to find the best suitable fundraising options!

Here are some of the platform's benefits:

-Help gain a better understanding to what are the sources of funding that fits your startup stage

-Explore multiple sources of funding currently available for startups

-Connect with the ecosystem members who are willing to invest in your startup

Learn More:

30/08/2021

Did you know... Estonia is working on becoming the first country to develop a comprehensive legal framework for Artificial Intelligence.
Read more about how the pandemic demonstrated the significance of digital skills in many businesses..
https://investinestonia.com/estonias-digital-ecosystem-is-creating-a-seamless-society/

29/07/2021

A world without car accidents. We share the TTM vision and are proud to welcome this exceptional team to BTV. TTM's speed-limiting technology, Intelligent Speed Assistant, limits the speed of a vehicle in real-time, with a plug-and-go solution that's compatible with nearly any vehicle on the road. Learn more: https://www.baltictechventures.com/post/a-new-portfolio-company-ttm

19/07/2021

BTV is thrilled to join our newest portfolio company, LEGID, in their mission to make legal help available for everyone. Their SaaS-enabled marketplace makes finding the right lawyer simple, quick, and affordable. According to LEGID.app's CEO Valentin Feklistov, M.A, "80% of people across the world have no access to justice and even those who do, don’t know enough about which everyday problems can have legal remedies."

BTV will aim to support the growth of LegID with key introductions to investors, field experts and industry professionals as well as to help develop and scale LegID products in the Baltic region and later on, in the rest of the EU.

Read more:
https://www.baltictechventures.com/post/a-new-portfolio-company-legid

Baltic Technology Ventures AS (BTV) has concluded an Investment/Consulting and Business Development Agreement with LEGID LawTech OÜ (LegID). In addition to a minority equity stake, BTV will acquire the option to increase its equity over time. LegID app is a SaaS-enabled marketplace that makes findi...

08/07/2021

🔥HOT STATS🔥 on startup investments in LT:

☑ Lithuanian startups attracted a record 302 million EUR in less than half a year. The record so far was reached in 2019 (EUR 170 million).

☑ The startup system was fuelled by a pandemic that led to increased demand for e-commerce, remote services and technology solutions.

☑ During the 3 stages, not only large Nordic private and venture capital funds invested in LT startups – „Evli Growth Partners“ (CGTrader) ir „EQT Growth“ (Vinted / Kleiderkreisel)...

☑ ... but also global players - „Eight Roads Ventures“, „Storm Ventures“, „Notion Capital“ (Interactio).

☑ In the past, LT companies thought that in order to attract investment, it was necessary to move abroad, but recent transactions show that many investments are made directly to Lithuanian companies, without establishing holding companies in the UK, USA or else.

☑ The activity of the ecosystem in the Baltic States is also confirmed by the fact that in 2020 half of the 10 largest mergers and acquisitions were related to startups.

☑ The pandemic made it clear to VC funds that it is possible to invest more than just a radius of 100 km around you. As the Baltic region stands out for technology companies, it is natural that we will get even more on their radar.

☑ The big funds will not go to Lithuania, but they already see us as a promising region - they look out for connections and want to discuss our company's portfolio, hear what startups have most potential in Lithuania.