Lithuania welcomes a new €35M Aneli Capital fund for startups

Attention early-stage founders across the Baltics and CEE! You just gained a meaningful new source of capital with the launch of Lithuania’s €35M Aneli Venture Capital Fund. It’s designed to support teams with both investment and practical guidance – helping strong ideas grow into scalable businesses.

Aneli Capital plans to invest in around 20 startups over the next five years, directing most of its capital to Lithuania, Latvia, Estonia, and Poland, and the rest to CEE markets. The fund focuses on ICT, robotics, energy, space, photonics, smart manufacturing, and AI solutions that can already demonstrate real traction and solid unit economics.

This milestone was supported by WALLESS team with Partners Andrius Ivanauskas, Laurynas Narvydas, Dr Mindaugas Lukas, Senior Associate Samanta Blėdienė, Associates Reda Stalioraitytė and Ugnė Grigaitytė, advising on the fund’s structuring and launch.