INVEGA

Overview

INVEGA is a Lithuanian state-owned financial development institution established by the Government of Lithuania in 2001. Its primary mission is to promote the development of small and medium-sized enterprises (SMEs) by facilitating their access to various financial instruments, including loans, guarantees, and venture capital. By offering these services, INVEGA aims to stimulate economic growth, job creation, and innovation within the country. The institution operates as a sovereign wealth fund, managing resources from the state budget, EU Structural and Investment Funds, and other sources. INVEGA's investment focus spans multiple stages, from seed to late-stage investments, and covers a wide range of industries, such as technology, healthcare, manufacturing, energy, agriculture, and more. This diverse approach enables INVEGA to support a broad spectrum of SMEs across Lithuania. INVEGA's investment strategy emphasizes collaboration with private investors, including business angels and venture capital funds, to co-invest in promising companies. This partnership model not only leverages private sector expertise and capital but also enhances the effectiveness of public funding. By co-investing, INVEGA aims to mitigate risks and maximize returns, ensuring that its investments contribute meaningfully to the growth and competitiveness of Lithuanian businesses. As a sovereign wealth fund, INVEGA's investment philosophy is grounded in long-term value creation. It seeks to identify and support companies with high growth potential, particularly those engaged in research, development, and innovation. By providing patient capital and strategic guidance, INVEGA plays a crucial role in nurturing the entrepreneurial ecosystem in Lithuania, fostering innovation, and driving sustainable economic development.

Investment Focus

• Companies must be based in Lithuania
• Focus on small and medium-sized enterprises (SMEs)
• Engage in research, development, and innovation
• Demonstrate high growth potential
• Operate in various industries, including technology, healthcare, manufacturing, energy, agriculture, and more

Portfolio Companies