CEO at Koinvesticinis Fondas
LitBAN Board Member
UAB Kofinansavimas is a subsidiary of UAB Investicijų ir Verslo Garantijos (INVEGA) and was established to be a manager of the co-investment Venture Capital Fund - Koinvesticinis fondas. The purpose of Koinvesticinis fondas is to improve the development of the Lithuanian venture capital market and the growth of new players in the venture capital market and so broaden the availability of capital for viable new Lithuanian companies which suffer from limited access to business funding facilities offered by banks. Koinvesticinis fondas invests in start-ups and growing private Lithuanian companies and provides investment and financial advice in relation to these investments alongside private investors including Venture Capital Funds and Business Angels groups. Koinvesticinis fondas acts as a silent investor in the management of companies that it invests in.