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 Motors
Venture Round in 2022
Elinta Motors, a Lithuanian company, specializes in the development and manufacturing of electric and plug-in hybrid powertrains for commercial vehicles weighing up to 7.2 tons. Their in-house designed components include electric motors, battery modules, and electronics, aiming to improve vehicle power, range, and durability. Additionally, they offer a range of electronic control systems and components for various industries, including 3D imaging systems and automation 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 Lithuania-based company specializing in the design and manufacture of infrared laser diodes and electro-optic systems for a diverse range of applications, including defense, medical, research, and industrial sectors. The company has developed a state-of-the-art semiconductor device production facility that focuses on long-wavelength semiconductor light sources and molecular beam epitaxy services on various substrates. Brolis is recognized for its innovative non-invasive medical sensor technology, which monitors blood constituents by integrating proprietary light-source technology with photonic integrated circuits. This technology enables real-time monitoring of critical molecules, offering significant advancements in wearable devices for digital health and sports markets. With a strong intellectual property portfolio, including several patents, Brolis 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 and assembly site in Larne, Northern Ireland. The company has continued to grow, employing over 40 personnel and expanding its product offerings in the semiconductor and photonics sectors.
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