Coinvest Capital Overview

Coinvest Capital is a sovereign venture capital fund established in 2018, fully funded by the Lithuanian state and the European Union. It operates as a 100% subsidiary of the National Development Bank ILTE, which is owned by the Ministry of Finance. The fund co-invests with business angels and private venture capital funds in promising European startups that contribute to Lithuania's economic growth. As of October 2025, Coinvest Capital has invested in 51 startups, exited 6 investments, and deployed over €58.6 million in venture capital, with €25.9 million contributed by the fund itself. The fund offers a unique profit-sharing program, capping its annual return on investments at 4 to 8 percent, with any excess returns allocated to accredited private co-investors.

Is Coinvest Capital the right VC for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Coinvest Capital, along with a list of other relevant VCs, is available on Hopohopo.io.

Coinvest Capital

VC Fund

Investment focus

Invest in

  • Baltics
  • Nordics
  • Western Europe
  • Southern Europe
  • Central Eastern Europe

Investment role

Lead and follow

Stages

Pre-seed, Seed

First ticket size

€100,000 - €1,500,000

How to approach funds like Coinvest Capital

Coinvest Capital values strong syndication potential and looks for founders who can attract credible private co-investors alongside their round. Emphasize your ability to leverage Lithuania’s innovation ecosystem and demonstrate how your business can drive tangible economic impact locally. Highlight traction or partnerships that signal both scalability and alignment with national priorities, as this fund is particularly attuned to startups that can catalyze broader market or sectoral growth.

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