EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Kristalina Georgieva

Vice President

Past deals in Lithuania

Rubedo Sistemos

Grant in 2017
Rubedo Sistemos (a.k.a. RubedosĀ®), a Lithuania-based pioneer company of mobile robotics solutions, develops 3D visual perception and navigation technology for free ranging vision guided robotics applications in various industries, including manufacturing, material handling, and healthcare. The company is well regarded for its FDA-compliant robotic precise tumor targeting solution designed exclusively for an image guided radiation therapy product of Elekta, a medical device manufacturer listed on NASDAQ OMX NORDIC.

NanoAvionics

Grant in 2017
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.

MyResearch, UAB

Grant in 2017
Company was founded in 2007 in Vilnius (Lithuania). Core businesses are: the designing of communication systems, manufacturing of unmanned flying systems, designing individual mechanical and electronic components to them. Currently, the company specializes in developing and manufacturing unmanned aerial vehicle (UAV) on brand ECILOP.

Energenas

Grant in 2016
Energenas, founded in 2004 and based in Kaunas, Lithuania, is a private equity firm that focuses on investing in a diverse range of sectors, including B2B, media, retail, healthcare, information technology, agriculture, and more. The firm collaborates with educational institutions and advanced businesses to commercialize investments and scientific ideas. Energenas is committed to sustainable and responsible practices, aiming to deliver long-term returns for its shareholders and project partners by selecting high-quality projects and companies with skilled and innovative teams. As an impact investor, the firm seeks opportunities primarily in the Eastern and Northern European regions.

NanoAvionics

Grant in 2016
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.

Elinta

Grant in 2015
Elinta is a Lithuanian company specializing in the design and development of innovative electronics and automated control systems technology. The firm focuses on industrial automation and produces a range of products, including 3D imaging systems, electric vehicle systems, electronic components, measuring and testing devices, as well as electric drives for bicycles. Additionally, Elinta Motors, a division of the company, develops electric and plug-in hybrid drives specifically tailored for commercial vehicles weighing up to 7.2 tons. All components, such as electric motors, battery modules, and associated electronics, are created in-house, underscoring the company's commitment to integrated and advanced technological solutions.

Ferentis

Grant in 2015
Ferentis is a research-intensive biotechnology company involved in the development, production and commercialization of biomimetic peptides and peptide-based scaffolds for tissue engineering and regenerative medicine applications. Ferentis was established in Vilnius, Lithuania, by a group of scientists and entrepreneurs from Canada, Lithuania, Sweden and India.
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