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Why Innovation & Investments for Defense, Deterrance & Security?

CoInvest Capital, Baltic Sandbox Ventures, ScaleWolf, INVEGA, and other partners from the Lithuanian VC and defense / dual-use ecosystem are thrilled to host an interdisciplinary, invite-only stakeholder event, showcasing Lithuanian defense innovations to local & foreign partners, intended to foster future collaboration. We have pooled efforts together to organize this event, targeting international media & guests arriving in Vilnius on the occasion of the NATO Summit 2023. 

Watch event video recordings for in-depth discussions on:

- what kind of innovations we might need for the ultimate success in modern warfare;

- who are the founders & startups in the field, worth your attention

- what funding, acceleration & mentorship ecosystem is available for defense and dual innovations 

Lithuanian defense & dual-use ecosystem is a vibrant place for innovations and investments in defense, deterrence & security. Take advantage of the chance to learn more and get inspired by talented individuals.

All media inquiries for personal interviews with any of the speakers shall be handled via our PR agency Blue Oceans PR,  partner Raminta Lilaitė-Sbalbi (624) 39 200, who will coordinate such requests with the appropriate communications team of each speaker



  • 14:00 - 14:30 Registration & networking, startup showcase in the lobby

  • 14:30 - 14:40 Program announcements by Mr. Matas Ramanauskas, Coinvest Capital Investment Manager

  • 14:40 - 15:00 Opening addresses 

    • Ms. Greta Tučkutė, Vice Minister for Defense of the Republic of Lithuania

    • Ms. Erika Kuročkina, Vice Minister for Economy & Innovation of the Republic of Lithuania 

  • 14:50 - 15:45 Panel 1 - What we might need for the ultimate success in modern warfare

    • Moderator: LTC (ret.) Valerijus Šerelis, founder of the Military Affairs Institute, Lithuanian Armed Forces​

    • Panelists:

      • Mr. Deeph Chana, CEO of DIANA (NATO Defense Innovation Accelerator for the North Atlantic) (attending online)

      • COL Peter Nielsen, Commander at the NATO Force Integration Unit (NFIU) in Lithuania

      • CDR (ret.) Edward Ebbern, Founder of Defence BattleLab, UK Armed Forces

      • Mr. Bryan Rich, Global AI Lead H&PS| SMD Applied Intelligence, Accenture
      • Mr. Giedrimas Jeglinskas, Non-resident Senior Fellow at the Atlantic Council, former Assistant Secretary General at NATO​

  • 15:45 - 16:00 Showcase of the selected leading defense & dual-use startups

    • presented by Mr. Dominykas Milašius, Venture Partner at the Baltic Sandbox Ventures

  • 16:00 - 16:10 The concept of Support Hybrid Warfare by Mr. Jonas Öhman, founder of Blue/Yellow For Ukraine.​

  • 16:10 - 16:55 Panel 2 - Well established risk capital, acceleration, and mentoring ecosystem to finance defense innovations

    • Moderator: Mr. Andrius Milinavičius, General Partner at Baltic Sandbox Ventures ​

    • Panelists:

      • Mr. Andrea Traversone, Managing Partner at NATO Innovation Fund, the first supranational defense venture fund in the world

      • Ms. Edit Komáromi, Policy Officer, Defence Industry Directorate, DG Defence Industry and Space, European Commission (attending online)

      • Ms. Viktorija Trimbel, Managing Director at Coinvest Capital, Board member at INVEGA

      • Mrs. Inga Beiliūnienė, Deputy CEO at INVEGA, National Development Agency 

      • Mr. Edvinas Kerza, Managing Partner at ScaleWolf VC

  • 16:55 - 17:00 Closing remarks by Ms. Viktorija Trimbel, Managing Director at Coinvest Capital, Board member at INVEGA

  • 17:00 - 19:00 Snacks, drinks & networking, startup showcase in the lobby



Vilniaus g. 33, 01402 Vilnius, Lithuania





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