LitCapital
LitCapital is an independent private equity firm based in Vilnius, Lithuania, founded in 2010. The firm specializes in managing growth capital investments, particularly targeting minority growth investments in high value-added and export-driven B2B companies. With a focus on sectors such as information technology, electronics, industrial products, services, and cleantech, LitCapital aims to support the expansion of private companies. The firm operates a hands-on investment approach, treating its investments with the care and diligence of a business owner. By investing a significant portion of its own financial resources, LitCapital is committed to ensuring that the capital it invests generates adequate returns for both the fund and the business founders.
Cargo Stream
Seed Round in 2023
Cargo Stream is a logistics management platform that offers an innovative solution for companies in the maritime and land transportation sectors. Founded in 2019 and based in the UK and Lithuania, the company provides a comprehensive system that digitalizes logistics processes and documentation. Its platform integrates artificial intelligence and telematics to facilitate transport monitoring and enhance collaboration among colleagues and partners. By streamlining workflows through a self-service portal, Cargo Stream enables logistics companies to effectively plan and manage their operations, resulting in increased efficiency and customer satisfaction.
Elinta
Venture Round in 2022
Elinta is a Lithuanian company specializing in the design and development of innovative electronics and automated control systems technology. The firm focuses on industrial automation and produces a range of products, including 3D imaging systems, electric vehicle systems, electronic components, measuring and testing devices, as well as electric drives for bicycles. Additionally, Elinta Motors, a division of the company, develops electric and plug-in hybrid drives specifically tailored for commercial vehicles weighing up to 7.2 tons. All components, such as electric motors, battery modules, and associated electronics, are created in-house, underscoring the company's commitment to integrated and advanced technological solutions.
Altechna
Acquisition in 2020
Altechna is a Lithuania-based manufacturer specializing in precision laser components and accessories for various industries, including semiconductor, security, and medical markets. Since its establishment in 1996, the company has developed complex technological solutions and custom designs tailored for high-performance lasers. Altechna's product range includes laser and polarization optics, crystals, lenses, prisms, filters, nonlinear crystals, polarizing cubes, and industrial mirror mounts. Their expertise in dielectric coatings and optical designs enables clients to optimize laser geometries, enhance power levels, and reduce product weight. Altechna ensures high quality and consistency in both test batches and mass production through its metrology laboratory, supporting a wide array of laser technologies from femtosecond to continuous-wave applications.
Audimas
Acquisition in 2018
Audimas is a manufacturer based in Kaunas, Lithuania, specializing in the development, design, and production of sports and active lifestyle clothing. The company offers a range of products, including shirts, pants, jackets, skirts, and accessories, all crafted from lightweight and comfortable fabrics. By incorporating innovative technologies and carefully selected materials, Audimas ensures that its clothing meets high quality standards, providing functionality and elegance for active individuals. The brand aims to be a reliable companion for consumers throughout their daily activities and travels, offering quality sports products at competitive prices.
Altechna
Private Equity Round in 2013
Altechna is a Lithuania-based manufacturer specializing in precision laser components and accessories for various industries, including semiconductor, security, and medical markets. Since its establishment in 1996, the company has developed complex technological solutions and custom designs tailored for high-performance lasers. Altechna's product range includes laser and polarization optics, crystals, lenses, prisms, filters, nonlinear crystals, polarizing cubes, and industrial mirror mounts. Their expertise in dielectric coatings and optical designs enables clients to optimize laser geometries, enhance power levels, and reduce product weight. Altechna ensures high quality and consistency in both test batches and mass production through its metrology laboratory, supporting a wide array of laser technologies from femtosecond to continuous-wave applications.
Brolis Semiconductors
Series A in 2012
Brolis Semiconductors Ltd., founded in 2011 by the Vizbaras brothers, is a Lithuanian company specializing in the design and manufacture of infrared laser diodes and electro-optic systems for defense, medical, research, and industrial applications. The company offers advanced semiconductor device design and production, focusing on long-wavelength semiconductor light sources, and provides molecular beam epitaxy services for arsenides and antimonides on various substrates. Brolis has established a strong intellectual property portfolio, including 14 patents, and has developed innovative non-invasive medical sensor technology for monitoring blood constituents, utilizing proprietary light-source technology combined with photonic integrated circuits. The company operates across three European locations: its headquarters and semiconductor facility in Vilnius, an integrated photonics R&D office in Ghent, Belgium, and a defense sales office in Larne, Northern Ireland. With over 40 employees, Brolis continues to expand its capabilities and product offerings, aiming to revolutionize wearable technology in digital health and sports markets.
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