Organization · Government VC
ILTE Lietuva
ILTE Lietuva is Lithuania's national development bank, focused on promoting sustainable economic growth and improving access to finance through various funds and investment instruments.
Overview
What ILTE Lietuva does
What ILTE Lietuva is
ILTE Lietuva is Lithuania's national development bank, focused on promoting sustainable economic growth and improving access to finance through various funds and investment instruments.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Founded
- Founded in 2001
- Approximate age
- About 25 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find ILTE Lietuva elsewhere
Open the official website or a supported primary organization account.
Capability profile
ILTE Lietuva as a funder
Investment thesis
ILTE Lietuva aims to create financing opportunities that enhance Lithuania's competitiveness and economic progress, promote sustainability, and attract private capital through various development funds.
Focus narrative
ILTE Lietuva invests in a diverse range of sectors, including energy efficiency, innovation promotion, rural development, cultural heritage, and business financing. The organization manages several funds, such as the Energy Efficiency Fund and the Innovation Promotion Fund, to support these initiatives and foster growth in the Lithuanian startup ecosystem.
Value beyond capital
ILTE Lietuva provides value to portfolio companies by offering access to public-backed capital, strategic partnerships, and support in navigating the funding landscape. The organization collaborates with selected fund managers to ensure that startups receive the necessary resources and guidance to thrive in their respective sectors.
Terms and economics
- Typical check
- $2,000,000–$4,000,000
Focus and fit
- Stages
- Pre-seed · Seed · Growth Equity
- Sectors
- Energy · Sustainable Materials · AI · Robotics · Mobility · Capital Markets Tech
- Regions
- Baltics · Cee
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
ILTE Lietuva manages a variety of funds, including the INVEGOS Fund, Multi-Apartment Building Modernization Fund, Energy Efficiency Fund, Defense Investment Fund, Innovation Promotion Fund, Rural Development Program Financial Instruments Fund, Cultural Heritage Fund, and Business Financing Fund. Notable portfolio companies include Inbalance, a Lithuanian EV charging network, and Samphire Neuroscience, a consumer health startup.
Common questions
What to know about ILTE Lietuva
Upseed classifies ILTE Lietuva under the Government VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.