News

December 14, 2022

Baltic Sandbox targets €13m fund to develop deeptech ecosystem in the region

The new VC plans to develop the deeptech ecosystem across the Baltics


Zosia Wanat

3 min read

Andrius Milinavičius, Sandra Golbreich, Erik Bhullar, partners at Baltic Sandbox Ventures. Picture taken by Nadia Romanova

Brand new Lithuanian VC firm Baltic Sandbox Ventures has raised €10m for its first deeptech fund, out of a target final close of €13m. It’s the first VC in the Baltic region that focuses solely on early-stage deeptech and life science solutions — something which, its founders say, can help to build a  whole new ecosystem almost from scratch. 

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Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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