Contrarian Ventures

Contrarian Ventures is a venture capital firm based in Vilnius, Lithuania, with additional offices in London and Amsterdam. Established in 2017, the firm specializes in early-stage investments, predominantly in the energy sector and e-mobility. Its investment focus includes innovative areas such as smart grid technology, energy efficiency, big data and analytics, energy storage solutions, e-car infrastructure, smart homes, and renewable energy solutions. The firm aims to support the sustainable energy transition, primarily targeting companies in Europe and Israel.

Christopher Brown

Venture Partner

Patrikas Feiferas

Analyst

Zilvinas Giedraitis

Analyst

Darius Zakaitis

Partner

Past deals in Lithuania

Inbalance grid

Series A in 2021
Inbalance Grid specializes in the development of electric vehicle charging infrastructure designed to promote the adoption of electric cars while minimizing environmental impact. The company operates as a charging network operator, creating and managing a system built on a cluster design that incorporates a master and slave configuration. The majority of the system's components are off-the-shelf products, which are seamlessly integrated and controlled through proprietary software developed by Inbalance Grid. By focusing on optimizing electricity consumption, the company enables electric vehicle owners and businesses to charge their vehicles in a sustainable, cost-effective, and user-friendly manner.

PVcase

Series A in 2021
PVcase UAB, based in Kaunas, Lithuania, specializes in developing innovative software for the solar energy sector. The company offers a unique tool that automates 3D terrain-based solar engineering, enhancing both efficiency and precision in the design of solar power plants. Its proprietary plugin software employs advanced algorithms to analyze terrain topography, allowing designers to conduct multiple simulations. This capability enables the evaluation of specific terrain characteristics and assists in identifying the most suitable locations and configurations for solar installations, thereby streamlining the planning process for solar projects.

Inion software

Seed Round in 2020
Control and monitoring solutions for solar plants and other industries.

Inbalance grid

Seed Round in 2020
Inbalance Grid specializes in the development of electric vehicle charging infrastructure designed to promote the adoption of electric cars while minimizing environmental impact. The company operates as a charging network operator, creating and managing a system built on a cluster design that incorporates a master and slave configuration. The majority of the system's components are off-the-shelf products, which are seamlessly integrated and controlled through proprietary software developed by Inbalance Grid. By focusing on optimizing electricity consumption, the company enables electric vehicle owners and businesses to charge their vehicles in a sustainable, cost-effective, and user-friendly manner.

Inion software

Pre Seed Round in 2019
Control and monitoring solutions for solar plants and other industries.

Thrust

Seed Round in 2019
Aerodiagnostika Ltd. develops multifunctional fixed-wing drones for beyond visual line of sight (BVLOS) flights. It offers technical support and periodic check-up for unmanned aerial vehicles (UAVs). The company offers aerial diagnostics services, artificial intelligence based analytics, and customized automated inspection services using UAVs that allows collection of diverse data. Additionally, the company organizes individual and group training sessions for UAV operators using their drones. The company was founded in 2018 and is based in Vilnius, Lithuania.

LastMile

Pre Seed Round in 2019
LastMile is a technology company that offers an e-commerce and delivery platform designed for retailers. It enables retailers to create online storefronts through mobile applications and web pages, allowing them to sell products efficiently. The platform provides various delivery options, including express, same-day, and scheduled deliveries, enhancing convenience for customers. Additionally, LastMile incorporates mobile solutions that facilitate in-store product scanning and streamline the checkout process for both app users and gig workers. Retailers benefit from significantly reduced investment costs, lower delivery expenses, and rapid onboarding, which allows them to enter the market within days. LastMile aims to expand retailers' customer base while providing valuable data insights and increased visibility in the competitive e-commerce landscape.

PVcase

Pre Seed Round in 2018
PVcase UAB, based in Kaunas, Lithuania, specializes in developing innovative software for the solar energy sector. The company offers a unique tool that automates 3D terrain-based solar engineering, enhancing both efficiency and precision in the design of solar power plants. Its proprietary plugin software employs advanced algorithms to analyze terrain topography, allowing designers to conduct multiple simulations. This capability enables the evaluation of specific terrain characteristics and assists in identifying the most suitable locations and configurations for solar installations, thereby streamlining the planning process for solar projects.

CHRG Network

Pre Seed Round in 2018
CHRG Network operates a software platform designed to enhance accessibility to electric vehicle (EV) charging stations. The platform integrates various charging stations into a unified network, allowing users to locate, book, and pay for access to nearby charging facilities through a dedicated driver app. This functionality not only simplifies the charging process for EV owners but also enables station owners to share and monetize their charging infrastructure effectively. By connecting multiple charging stations, CHRG Network aims to facilitate a more seamless EV charging experience and promote the growth of electric mobility.

Thrust

Pre Seed Round in 2018
Aerodiagnostika Ltd. develops multifunctional fixed-wing drones for beyond visual line of sight (BVLOS) flights. It offers technical support and periodic check-up for unmanned aerial vehicles (UAVs). The company offers aerial diagnostics services, artificial intelligence based analytics, and customized automated inspection services using UAVs that allows collection of diverse data. Additionally, the company organizes individual and group training sessions for UAV operators using their drones. The company was founded in 2018 and is based in Vilnius, Lithuania.
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