Last updated:
April 25, 2025
2018
Founded
18
Investments
Offices
Venture Fund
Investor Type
BSV Ventures, formerly known as Baltic Sandbox Ventures, is a venture capital firm dedicated to fostering the deep tech and life science ecosystem in the Baltic region and Europe. Founded in 2018 by Sandra Golbreich, Andrius Milinavičius, and Erik Bhullar, the firm focuses on early-stage R&D teams addressing complex technical challenges with significant commercial potential. BSV Ventures has offices in Lithuania, Estonia, and Finland, and has invested in over 27 startups, committing more than €3 million in funding.
The firm offers various programs, including a 7-week equity-free incubation program with grants up to €15,000 per team and a 6-month acceleration program providing up to €125,000 in investment. Their investment areas encompass Software++, Life Science, and Hardware sectors, targeting innovations in AI, biotech, robotics, and more. Notable portfolio companies include Skycorp Technologies, Blackswan Space, and Axiology.
Investment Focus
Visit Website
Software
SaaS
Big Data & Analytics
Artificial Intelligence & Machine Learning (AI/ML)
CloudTech
BioTech
Vilnius
Pre-Seed
Seed
Lithuania