INVESTMENTS
LET’S CREATE
AND GROW
TOGETHER
One of my greatest passions is helping businesses grow or get back on their feet by working with teams that solve complex challenges and create real value. I choose to work with people where there is trust and a shared passion for what we do.
What matters to me is not only the outcome, but also the journey itself — building meaningful relationships, learning from one another, enjoying the process, and creating long-term, sustainable value together.
I am proud to contribute to the Lithuanian technology community, while strongly believing that growth and progress have no borders. I am open to collaboration and new opportunities both in Lithuania and internationally. I truly believe that investment and innovation are among the key drivers of economic growth, and that by working together we can achieve more by sharing experience, knowledge, and the value we create.
I will share my personal journey in the world of investing and technology, where I continuously strive to contribute to the growth of Lithuania’s startup and technology ecosystem. The experience I have gained and my passion for this field have enabled me to bring exciting projects to life and become an active part of Lithuania’s innovation community.
One of my greatest achievements is membership in the Lithuanian Business Angels Network (LitBAN). Lit-BAN is an organization that brings together experts and investors from various fields, cooperating to support new business projects. LitBAN members, like me, have a wealth of business experience and are constantly sharing their knowledge with young entrepreneurs.
On September 6, 2023, I got elected to the board members of LitBAN. It is one more step towards my commitment to contribute to the growth of business and technology in Lithuania.
INVESTMENT PROJECTS
Big AMBITION
KALMETAL
June, 2025
In July 2025, I joined Kalmetal as Business Development Manager.
I came to help the company grow.
The goal is to help grow Kalmetal up to 5x over the next three years, together with the employees and partners.
This stage is about more than sales or business development. It is about working with values, the team, direction, processes, and opportunities that can create lasting value.
I am not working here as an external consultant. I am working as a Business Development Manager with skin in the game — with responsibility, involvement, and laser focus on results.
My long-term ambition is to help Kalmetal achieve 14x growth in company value as quickly as possible.
Please help if you have contacts in outdoor leisure equipment, specialized trailers, home heating solutions, manufacturing subcontracting, trade, export, or the B2B sector.
If you see opportunities for long-term partnerships, orders, or growth — let’s talk.
The goal is not to grow in any random way.
The goal is to grow fast, harmoniously, with enjoyment, and with a clear result.
More about the company: kalmetal.lt
Success Story & Lesson Learned
FPRO
December, 2019
FPRO is a strong example of how solid early foundations can grow into international success. From individual football training sessions in Lithuania, the team evolved into a global SportsTech startup, securing a €2 million investment from Tesonet and building a digital product now used by more than 140,000 young athletes worldwide. In 2023, the company reached €5.5 million in turnover and €1.9 million in net profit, demonstrating strong and sustainable business performance.
At the very beginning of the company’s journey, I worked closely with the CEO and co-founder, reviewing core values, identifying strengths and weaknesses, and helping establish a clear foundation for the company’s purpose and direction based on those values. This early work supported key decisions that later enabled the team to adapt during the pandemic and successfully transition into a worldwide scalable digital product.
While our paths naturally diverged as the business entered a new growth phase, I see FPRO’s success as a meaningful outcome and a personal lesson — a reminder that early work on people, values, and direction can have a lasting impact, even as the story continues in new forms.
About investment read here.
About mentorship read here.
Metal Production
June, 2012
It is a company that develops specialized engineering solutions and supplies them to Scandinavian and other European markets. It is recognized for its engineering expertise and skills in creating unique solutions that meet customer needs. Metal Production develops advanced technologies and innovative solutions that help the industry to operate more efficiently and sustainably.
Read more here.
Sirputis
August, 2019
The Norwegian company Valinor AS, investing in sustainable energy and infrastructure projects, together with its business partner Metal Production, in Lithuania established a company named Sirputis which specializes in the development and production of equipment for the cultivation and processing of seaweed. Sirputis’s business activities include advanced technologies designed to promote the growth of these important marine resources. This includes solutions that contribute to more efficient seaweed cultivation and further processing processes, as well as other innovative projects in this field.
Read more here.
Walk15
November, 2022
For various companies and organizations, Walk15 offers a smart solution to steps challenge. For its relevance this startup has already been evaluated and awarded at the international level. The company estimates that since July 2019, more than 1,000 companies have used their solution for steps challenge in Lithuania, Latvia, Denmark, Germany and other European countries.
“In 2022, Walk15, a steps challenge platform for companies, has reached an investment of EUR 400,000. Lithuanians’ idea, uniting more than 1,000 international companies and 420,000 consumers, helps business and organizations solve the problems of employee engagement in physical activity and the lack of education about sustainability,” as said in the press release.
Read more here.
Perfection42
April, 2023
Perfection42 develops new artificial intelligence capabilities for automating the process of creating 2D and 3D computer graphics. The goal of the startup is to help creators unleash their creative potential by eliminating technical and repetitive tasks that often prevent creativity. Behind this idea, the startup has developed graphic style transfer technologies that can turn any visual material into a stunning work of art. This technology has also provided an opportunity to dive into the world of game development, where Perfection42 artificial intelligence solutions perform various game level projection as well as other tasks.
In 2023, the Lithuanian startup Perfection42 (JSC Perfectionai), operating in the market of artificial intelligence (AI) technologies, attracted EUR 1,1 million investment from venture capital funds CoIn-vest Capital and Open Circle Capital, as well as business angel network LitBAN and private investors.
Read more here.
WeSky
September, 2023
In 2023, Lithuanian startup WeSky which created a solution for charging devices on airplanes, received EUR 1,1 million investment from Coinvest Capital Fond and the Consortium of Business Angels. The founder of the company says that the investment is important for achieving fundamental changes in aviation.
Read more here.
MELP
January, 2024
In early 2022, a Lithuanian start-up MELP launched a digital employee well-being management platform. Their solution consists of an online platform for employers and a mobile application for employees. The functionality of the platform allows employers to present various benefits, provide useful links and instructions for use. Employees can also purchase some benefits directly up to a certain amount. Among the benefits there are thousands of goods and services, as well as gift vouchers, discount codes and more.
MELP solution has already been receiving a lot of attention in the Baltic countries, and is now poised for expansion into international markets.
In early 2024, MELP attracted an investment of EUR 635k to expand internationally and help more employers take better care of their teams. Current investment involved venture capital fund Coinvest Capital and business angels from Lithuania and the UK.
Read more here.
Axiology
February, 2024
Coinvest Capital, together with Baltic Sandbox Ventures, co-led a €2 million investment round in Axiology — a Lithuania-based FinTech company building a tokenized securities trading and settlement infrastructure based on Distributed Ledger Technology (DLT).
The investment supports the development of a regulated, secure, and efficient alternative capital market infrastructure in the European Union, leveraging the EU DLT Pilot Regime. The round was joined by experienced business angels, venture funds, and the 6NGLS angel syndicate, bringing together 33 investors.
In this transaction, Coinvest Capital also invested directly, applying its unique profit-sharing model that creates additional value for private co-investors: the fund’s return is capped at 6% per year, while any excess returns are fully redistributed to private investors, increasing their overall upside potential.
Read more here.
Cyber Upgrade>Copla
February, 2024
Lithuania-based cybersecurity startup Cyber Upgrade has raised €650k in pre-seed funding, joined by venture capital firms FIRSTPICK, NGL Ventures, and business angels. The investment marks an important step in building an accessible and inclusive cybersecurity platform for small and medium-sized enterprises and fintech companies.
The funds will be used to accelerate product development, enhance AI-driven solutions, and further align the platform with real market needs. Founded in 2023, the company is led by former Paysolut co-founders with extensive experience in building and securing critical financial systems.
About investment read here.
About company read here.
Axiology
February, 2024
Coinvest Capital, together with Baltic Sandbox Ventures, co-led a €2 million investment round in Axiology — a Lithuania-based FinTech company building a tokenized securities trading and settlement infrastructure based on Distributed Ledger Technology (DLT).
The investment supports the development of a regulated, secure, and efficient alternative capital market infrastructure in the European Union, leveraging the EU DLT Pilot Regime. The round was joined by experienced business angels, venture funds, and the 6NGLS angel syndicate, bringing together 33 investors.
In this transaction, Coinvest Capital also invested directly, applying its unique profit-sharing model that creates additional value for private co-investors: the fund’s return is capped at 6% per year, while any excess returns are fully redistributed to private investors, increasing their overall upside potential.
Read more here.
Dual-Use (Confidential)
March, 2024
This investment case relates to a dual-use solution with both civil and security application potential. Due to confidentiality commitments, details regarding the technology, product, and use cases are not publicly disclosed.
The investment decision was based on a strong team, a clearly defined problem, and the technology’s potential to create long-term, responsible value.