Firms

BSV Ventures

BSV Ventures

bsv.ventures

BSV Ventures, formerly Baltic Sandbox Ventures, invests at pre-seed and seed in research-intensive startups in the Baltics and wider Europe. It backs deep technology, life sciences, AI, robotics, advanced materials, computing, space, and defence or dual-use technologies as they move from scientific validation toward commercial products. The firm combines investment with incubation and acceleration programmes, business development, intellectual property and engineering support, and help building teams and international markets. Its fund management company is UAB BSV Management.

Founded
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Type
Venture capital

Funds1

  • BSV Ventures Fund€15M

    €15 million final close of the Baltic Sandbox Ventures / BSV Ventures early-stage deeptech, life sciences and dual-use fund, backed by NATO Innovation Fund, ILTE through Accelerator 2, and private European investors. The vehicle was already investing from summer2023. November26 is the dated primary LP announcement; earlier November22 trade-press coverage is retained as an earlier secondary lead, not an independently verified primary announcement date. No numbered fund name was independently confirmed.

Team

Operations and support

Andrius MilinavičiusGeneral Partner
Eglė JašinskaitėSenior Technologies Analyst
Erik BhullarGeneral Partner
Jana BudkovskajaPartner
Janiina LammiVenture Advisor
Sandra GolbreichGeneral Partner

Co-investing

22 Hor Invest
Coinvest Capital
FIRSTPICK
Helsinki University Funds
Lighthouse Ventures (Czech)

Investments