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Hosts & Partners

This event is brought to you by Lithuanian venture capital funds, authorized to invest in defense & dual-use innovations, with the help of multiple ecosystem stakeholders and supporters.

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Coinvest Capital

Coinvest Capital is an evergreen venture capital fund, co-investing into promising startups with business angels and/or other funds. While being sector and stage agnostic, the fund is mandated since March 2023 to also invest in all things defense, except for retail trade in arms.

The fund has 25,5 million EUR under management, including 27 portfolio companies and 1 landmark exit. Current dry powder amounts to 15 million EUR.

Learn more:   

Baltic Sandbox Ventures

Baltic Sandbox Ventures provides incubation & acceleration programs, complimented with seed stage venture capital fund, focusing on fostering the Baltic Deep Tech and Life Science ecosystem, and investing in early-stage R&D-focused individuals and teams solving complex technical challenges with large potential for commercial application.

Learn more:

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ScaleWolf is a hybrid provider of pre-acceleration, acceleration activities with non-dilutive grants and a dual-use venture capital fund, specialized in vetting, selecting, and fostering companies that align with NATO and Allied military tech objectives and develop dual-use (defense + commercial) applications.

In its current approach, the fund focuses on cyber and energy security solutions.

Learn more:  


National Development Agency, acting as a fund-of-funds for the Lithuanian venture capital and private equity ecosystem among other things. INVEGA administers various financial engineering instruments, direct loans, portfolio & individual guarantees, as well as other funding instruments.

A full list of financial instruments available
can be found here:

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