What is LitBAN
Lithuanian Business Angel Network (LitBAN) fosters business angel activity through communication, events, networking, syndication of deals both locally and across Nordics by uniting wealthy individuals, successful entrepreneurs, and executives that are curious about angel investing activity, are interested in sharing their knowledge and network with new entrepreneurs.
🌱 The Roots of LitBAN
The launch of LitBAN
LitBAN was founded on the 14th of March, 2018 and marked a crucial step forward in the young Lithuanian startup ecosystem. LitBAN now has over 300 members and our community grows stronger with each and every individual joining it: unheard insights, larger networks and new joint investment possibilities.
🔗 Matching Startups and Angels
Startups are applying
LitBAN has already received more than 4000 global startup applications (but mostly – from Lithuania, Baltics and Northern Europe) and the numbers are growing.
Angel investment is booming
In 6 years after the launch, LitBAN angel investments into startups reach about 40M EUR, out of which 10.5 M EUR were invested in 2023.
Exits are happening
LitBAN members had invested into Interactio and Paysolut and earned great returns via exits. In 2023 our members declared 13 return-generating exits.
People of LitBAN
Team
Roberta Rudokienė
Managing director
Akvilė Sabulytė
Dealflow Manager
Sigita Zulonienė
Chief Operating Officer
Board
Vladas Lašas
Rita Sakus
Viktorija Trimbel
Evaldas Pocevičius
Gytenis Galkis
Daiva Rakauskaitė
Daina Senapėdienė
Martynas Kandzeras
Gediminas Tamošaitis
❕ Super important documents
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