Psylink’s €500,000 pre-seed round was led by Coinvest Capital, with participation from FIRSTPICK and BSV Ventures.

The funding round was led by Coinvest Capital, with participation from BSV Ventures and LitBAN, and EstBAN.

The firm saw support from Earlybird VC, Inovo, and Practica Capital.

Vilnius-based venture capital firm Iron Wolf Capital has launched a €100 million fund to support and scale deeptech startups.

The funding will accelerate Astrolight's development of its end-to-end laser communication platform, designed to connect satellites with securely Earth-based infrastructure

Lithuanian avionics startup WeSky has raised €1.036 million. The funding came from Coinvest Capital and several business angels.

Vilnius-based second-hand marketplace firm Vinted has launched Vinted Ventures to support European re-commerce startups.

German legaltech firm stp.one has acquired Amberlo, the Vilnius-based legal practice management platform backed by Iron Wolf Capital.