What stage does Coinvest Capital invest at?

Coinvest Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.

What is Coinvest Capital's typical check size?

Coinvest Capital typically writes checks of $55K – $580K.

Where is Coinvest Capital located?

Coinvest Capital is headquartered in Vilnius, LT.

Coinvest Capital

Government fund

Vilnius · Pre-Seed–Growth · 10 people tracked

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Investment thesis

Coinvest Capital is a sector- and stage-agnostic evergreen VC fund with EUR 44.3M committed capital and EUR 13.08M dry powder. It always co-invests with business angels and/or other investors on a pari-passu basis, typically alongside at least three accredited angels who share in exit profits. While open to all sectors, it prioritizes areas of strategic importance to Lithuania: GreenTech/ClimateTech/EnergyTech, Life Sciences & MedTech, DeepTech/Big Data/AI, Space/Aviation/Transport, and Defence/Dual-Use. Funded with public money from Lithuania and the EU, its patient capital enables business-driven decisions and investment in R&D-intensive startups with longer horizons.

Invests inAI & Machine Learning Biotech Cleantech Climate Tech Data & Infrastructure Deep Tech Defense Tech Energy Medical Devices Mobility & Transportation Sector Agnostic Space TechEuropeLithuaniaVilnius

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Growth

Check

$55K – $580K

Vilnius, LT

Instruments

Equity

Founded

2018

AUM

$47.8M

Tracked investments

Team · 10 people

from the firm's website

Viktorija Trimbel· Managing Director· Vilnius, Vilniaus, Lithuaniain 𝕏

LitBAN management board member (corporate member).

Edvinas Žuravliovas· Investment Manager

Investment and compliance professional with 9+ years in financial compliance and early-stage investing. Sourced startups and supported early-stage fintech investments at Plug and Play's FinTech vertical and has AML/fraud-prevention experience as an MLRO.

Kęstutis Juonys· Investment Manager· Lithuaniain

Investment professional experienced across asset classes and deal structures, from startups to fund investments. Previously managed a family office portfolio and held roles in banking and Lithuania's energy sector.

Austėja Lazaravičiūtė· Investment Analyst· Milan, Lombardy, Italyin

Analyst with a finance background from Bocconi University focused on frontier technology. Leads the firm's transition toward data-driven venture operations and improved internal workflows.

Eimantas Norkūnas· Investment Committee Member· Vilniaus, Lithuaniain

IT entrepreneur and co-founder of MailerLite, a global email marketing SaaS platform that achieved the largest full startup exit in Lithuania to date. Also founded the Unicorns.lt database and community.

Emilija Kuleša· Senior Investment Analyst· Vilnius, Vilniaus, Lithuaniain

Investment analyst with experience across capital markets, venture capital and entrepreneurship who supports early-stage investments through analysis, due diligence and deal execution. Holds a finance degree from ISM University and is pursuing a master's at Vilnius University.

Jonas Čiutelė· Investment Analyst· Vilnius, Vilniaus, Lithuaniain

Venture capital and equity markets analyst who evaluates startups and early-stage opportunities, has published investment analyses internationally, and led the VDU Investment Club. Holds bachelor's and master's degrees from Vytautas Magnus University.

Jusi Savukoski· Investment Committee Member· Spainin

VC veteran with 25 years of experience, two unicorn exits and 12 managed funds, recognized by Preqin as a consistent venture manager. Holds partner-level roles at Hatch Blue and Sifter Capital and is based in Spain.

Mary McKenna· Investment Committee Member· County Donegal, Irelandin

Mary McKenna is an award-winning angel investor (European and UK Angel Investor of the Year 2023) and Chair of AwakenAngels, guiding the syndicate's strategic direction with extensive experience as an entrepreneur and investor across Ireland and Europe.

Matas Petronis· Investment Analyst· Lithuaniain

Venture capital professional who recently returned to Vilnius after working at a large New York private equity fund. Previously helped startups secure financing and acquire customers.

What they invest in

from 4 of 14 portfolio companies

SaaS ×3AI & Machine Learning ×2Consumer ×1Digital Health ×1EdTech ×1Enterprise Software ×1Medical Devices ×1

HQs:Lithuania×1

Investments · 14 tracked

founders shown can be your intro path

Attentionattentioninsight.comin 𝕏

Attention Insight

AI-powered platform producing eye-tracking heatmaps up to 96% accurate without human participants.

Cogastrocogastro.com

Insect farm management platform boosting productivity through data-driven monitoring.

Discontractdiscontract.com

Getmillogetmillo.com

Gusaniagusania.com

Interactiointeractio.comin 𝕏

Interactio provides remote simultaneous interpretation software for meetings and conferences, enabling real-time multilingual communication across on-site, hybrid, and remote setups.

AI & Machine LearningEnterprise SoftwareSaaS

Henrikas Urbonas(Co-founder)Simona Andrijauskaite(Co-founder)Domas Labokas(Co-founder)

Ligenceligence.io

Ligence develops Ligence Heart, an AI-based software for automated analysis and reporting of 2D transthoracic echocardiography (heart ultrasound) images.

AI & Machine LearningDigital HealthMedical Devices

MOREminsmoremins.com

MoreMins offers virtual phone numbers and eSIM mobile data plans through a mobile app, letting users get real phone numbers in 180+ countries without a physical SIM card to make calls, send SMS, and use data.

ConsumerSaaS

Oxipitoxipit.ai

Recent Newsinbalancegrid.com

S4Ss4s.lt

Switch4sure

Insurtech company enabling easy switching between insurers at lower cost.

Vedliaivedliai.ltin

Vedliai is an accredited computer-science education platform for grades 1-10, offering a curriculum aligned with Lithuanian national programs (BUP) covering digital literacy, creative coding (Scratch, Python), 3D modeling, data, and artificial intelligence.

EdTechSaaS

Frequently asked questions

What stage does Coinvest Capital invest at?: Coinvest Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What is Coinvest Capital's typical check size?: Coinvest Capital typically writes checks of $55K – $580K.
What sectors does Coinvest Capital focus on?: Coinvest Capital focuses on AI & Machine Learning, Biotech, Cleantech, Climate Tech, Data & Infrastructure, Deep Tech, Defense Tech, Energy, Medical Devices, Mobility & Transportation, Sector Agnostic, Space Tech.
Where is Coinvest Capital located?: Coinvest Capital is headquartered in Vilnius, LT.

Media · Podcasts & interviews

featuring the team

Viktorija Trimbel | 3 lessons, 3 values, 3 priorities & the new CoInvest Capital Strategy

CoInvest Capital · Viktorija Trimbel

Brain Storming For Brain Resilience

CoInvest Capital

Defense VC trends in USA, Europe & Lithuania

CoInvest Capital

Lithuanian defense & dual-use ecosystem event on the occasion of the NATO summit Vilnius (PART II)

CoInvest Capital

Lithuanian defense & dual-use ecosystem event on the occasion of the NATO summit Vilnius (PART III)

CoInvest Capital

Lithuanian defense & dual-use ecosystem event on the occasion of the NATO summit in Vilnius (PART I)

CoInvest Capital

Images

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