AISPECO is a Lithuanian company specializing in geospatial monitoring systems for various vehicles including helicopters, planes, UAVs (unmanned aerial vehicles), and terrestrial vehicles. The company develops aerial inspection systems tailored for conducting powerline surveys using both helicopters and drones. Their platform facilitates the capture of multiple-angle optical, infrared, corona, and hyperspectral imagery, enabling clients to perform efficient infrastructure inspections while optimizing helicopter operations for endurance and scale.
Hideez is a cybersecurity company that specializes in manufacturing hardware for secure authentication and access control. Based in the USA and Ukraine, the company offers the Hideez Key, a hybrid device that combines wireless authentication, password management, and digital signature capabilities. Utilizing encrypted Bluetooth, RFID, and NFC technologies, the Hideez Key provides a secure, adaptable, and convenient solution for both physical and logical access. It complements existing market solutions and is designed to be platform-agnostic, supporting a wide range of authentication standards.
Ligence
Convertible Note in 2023
Ligence is a Deep Tech startup based in Lithuania, founded by a team of medical doctors with expertise in artificial intelligence. The company focuses on developing innovative solutions for healthcare, particularly in the field of cardiology. Its flagship product, Ligence Heart, automates the analysis of heart ultrasound images using advanced deep learning algorithms. This technology is designed to recognize various heart image views and perform necessary measurements automatically, allowing medical professionals to bypass manual calculations. By streamlining the analysis process, Ligence Heart enhances the efficiency of cardiac ultrasound assessments, enabling cardiologists and sonographers to devote more time to patient care and significantly reduce analysis time.
Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.
Nanordica Medical
Grant in 2022
Nanordica Medical is an Estonian medical technology company specializing in advanced wound care solutions. The company has developed a patented nanotechnology that combines copper and silver in nanofibers to effectively remove infections and promote healing in chronic wounds. Nanordica Medical has launched a veterinary product, Ravimus Vet, designed for treating animal wounds, while also focusing on a first-in-class wound dressing for challenging human conditions, such as diabetic foot ulcers. Recent clinical trials have demonstrated that their wound dressing outperforms traditional silver ion-based dressings across multiple efficacy parameters, offering a more powerful antibacterial effect that can inactivate a wider range of bacteria, including drug-resistant strains.
Ligence is a Deep Tech startup based in Lithuania, founded by a team of medical doctors with expertise in artificial intelligence. The company focuses on developing innovative solutions for healthcare, particularly in the field of cardiology. Its flagship product, Ligence Heart, automates the analysis of heart ultrasound images using advanced deep learning algorithms. This technology is designed to recognize various heart image views and perform necessary measurements automatically, allowing medical professionals to bypass manual calculations. By streamlining the analysis process, Ligence Heart enhances the efficiency of cardiac ultrasound assessments, enabling cardiologists and sonographers to devote more time to patient care and significantly reduce analysis time.
Ligence
Venture Round in 2021
Ligence is a Deep Tech startup based in Lithuania, founded by a team of medical doctors with expertise in artificial intelligence. The company focuses on developing innovative solutions for healthcare, particularly in the field of cardiology. Its flagship product, Ligence Heart, automates the analysis of heart ultrasound images using advanced deep learning algorithms. This technology is designed to recognize various heart image views and perform necessary measurements automatically, allowing medical professionals to bypass manual calculations. By streamlining the analysis process, Ligence Heart enhances the efficiency of cardiac ultrasound assessments, enabling cardiologists and sonographers to devote more time to patient care and significantly reduce analysis time.
NanoAvionics
Grant in 2019
NanoAvionics is a manufacturer of small satellite bus systems and a mission integrator with operations in the US, UK, and Lithuania. The company specializes in providing comprehensive small satellite solutions, catering to both single missions and larger constellations. Its small satellite platform integrates flight computers, attitude determination and control systems (ADCS), and communication subsystems on a single printed circuit board, along with non-toxic propulsion systems. This design approach allows for the optimization of hardware, launch, and operational costs, making it economically viable for various businesses and organizations to deploy small satellite missions. With a proven track record of over 85 successful satellite missions and commercial projects, NanoAvionics emphasizes modularity in its systems architecture, ensuring adaptability for diverse applications in the commercial space market.
Rubedo Sistemos
Grant in 2017
Rubedo Sistemos, based in Kaunas, Lithuania, specializes in the design and manufacture of self-driving robots and process control solutions for various industrial applications. Founded in 2009, the company develops 3D visual perception and navigation technologies tailored for free-ranging, vision-guided robotics, serving sectors such as manufacturing, material handling, and healthcare. Among its notable offerings is the VIPERTM system, which enhances visual perception for robots and industrial vehicles. Rubedo Sistemos is recognized for its innovative solutions, including a FDA-compliant robotic system specifically designed for precise tumor targeting in image-guided radiation therapy, collaborating with leading medical device manufacturers.