News

The National Development Bank ILTE, together with the European Investment Fund (EIF), has signed the first agreement under the financial instrument “Private Debt Funds.” The agreement was concluded with the Sound Asset Management team, whose...

We invite all interested parties to review and provide feedback on the draft Call for Expression of Interest Selection of the Fund Managers launched under the financial instrument MILInvest 2.

Lithuania’s national development bank ILTE and Latvia’s ALTUM have established the Baltic Capital Markets Acceleration Fund, entrusting its management to the 1 Asset Management. The fund is dedicated to providing long-term support for Baltic...

To strengthen financial product development and management area, as well as international and investor relations, ILTE has appointed Inga Beiliūnienė – a member of the ILTE Board and Head of Business Development – as Head of International Affairs...

Psylink, a Lithuanian startup focused on developing innovative treatments for people facing mental health challenges, raised €501,521 in a pre-seed investment round led by the venture capital fund Coinvest Capital and a syndicate of angel investors.

München-based startup Starflight Dynamics (SFDY), a pioneering company in the space industry specializing in the development of foundational technologies for in-space operations, has successfully closed its pre-seed funding round. The company has...

Astrolight, a Lithuanian space communications company, has closed a seed round at €2.8 million led by frontier tech investor Balnord. Other key investors were EIFO, Coinvest Capital, and existing investors 3NGLS and Rita Sakus. This investment...

In the 10th annual Reputation Index survey, the National Development Bank ILTE was ranked as the most reputable public sector organisation in the general public category.

We are looking for a new team member to join Coinvest Capital and make a significant impact in bringing early-stage investments into the most promising startups alongside business angels and other co-investors.

The National Development Bank ILTE seeks fund managers for the new venture capital instrument Accelerator 3. This initiative aims to support startups, product idea development, and investments based on startup maturity levels.

New registered address is Ukmerges st. 124, LT-08100 Vilnius, Lithuania.

The National Development Bank ILTE will begin providing services and consultations in a new office at the "Asgaard Keys" business centre, located at Ukmergės g. 124, Vilnius, in March. In order to organize activities more efficiently and...

Following the completion of the public selection process, a new independent supervisory board member has been appointed at UAB ILTE. Eugenijus Preikša will take on the role, focusing on risk management until the end of the current supervisory...

National bank ILTE has joined forces with he European Investment Fund (EIF) to provide as much as €191.6 million for non-bank credit providers to invest in companies in the country. The funding for these credit providers – also known as private...

As part of its continuous growth, Coinvest Capital seeks to update and strengthen the Fund's investment decision-making competences and is launching a public selection tender for the three independent members of the Fund's Investment...