Get the latest tech news

In defense tech, Lithuania’s sovereign VC fund is one step ahead


Europe is waking up to the need to invest in defense, and so are European VCs. But with a painful history of Soviet occupations, Lithuania didn’t wait for

Coinvest’s sole limited partner, Lithuania’s national development bank, also provided “major capital injections to other local VCs like BSV Ventures or ScaleWolf, including [the] Lithuanian contribution to the NATO Innovation Fund (NIF),” she celebrated on LinkedIn. However, as she wrote in a recent LinkedIn post, “no other investment returns will matter if Ukraine will not receive sufficient support from allies and Europe will be invaded further.” As her name and personality suggest, she won’t relent in her efforts to prevent this outcome. A former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum, she’s fluent in multiple languages, including French, English, Spanish and Brazilian Portuguese.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of lithuania

lithuania

Photo of step

step

Photo of defense tech

defense tech

Related news:

News photo

Solar film you can stick anywhere to generate energy is nearly here | Since 2012, UK-based Power Roll is one step closer to manufacturing its lightweight film, with a new design for its perovskite solar cells that should drop production costs.

News photo

Mozilla's New Terms of Use Are Out of Step with Firefox's Direct Competition

News photo

Three years on, Europe looks to Ukraine for the future of defense tech