BSV Ventures funding news – Vilnius-based BSV Ventures has Secured €15 Million Fund

BSV Ventures focuses on investing in startups that are moving from research to developing solutions ready to be scaled and sold.

BSV Ventures has offices in Lithuania, Estonia, and Finland. It helps early-stage innovators from the Baltics and EU grow their businesses internationally by using advanced technologies in fields like mechatronics, biotech, AI, space tech, and more.

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Andrius Milinavičius, Managing Partner at BSV Ventures said, “Over the past two years, we’ve scouted and supported founders contributing to the next wave of global innovation — ranging from hydrogen and hardware to AI-driven medical devices and resilient connectivity solutions that enable comms even in the most challenging environments, We take NIF’s trust as recognition of our thesis that European, specifically Baltic, Nordic, and CEE DeepTech has massive potential.”

Erik Bhullar, General Partner at BSV Ventures, Baltic founders innovate with urgency driven by high-stakes realities. “Look at Ukraine —the pace of innovation on the front lines is faster and more focused than anywhere else in Europe because they understand that technological edge is a matter of survival.”

Chris O’Connor, Partner at NATO Innovation Fund, sees the region as of great strategic importance to the security and resilience of the Alliance: “Our investment in BSV Ventures reflects confidence in their strong leadership, complementary expertise, and proven commitment to transforming the Baltics into a global hub for DeepTech and dual-use innovation - essential for advancing European sovereignty.”

About BSV Ventures

BSV Ventures (formerly Baltic Sandbox Ventures) invests in early-stage teams and individuals focused on research and development, solving complex technical problems with big commercial potential.