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Nordnet looking to expand amid growing demand


Nordnet, a LitCapital portfolio company, has increased warehousing area for chilled goods to 1400 sq. m. In addition to that company is planning even faster growth in the future. The demand for chilled and frozen goods third party logistics services will be driven by growing domestic consumption and increasing frozen goods exports.


LitCapital attended Login 2014 in Vilnius, Lithuania


LitCapital team attended Login 2014 the largest tech community gathering in the Baltics. Annual event attracts more than 80 speakers and 3500 visitors from all over the world.


LitCapital makes growth capital investment in Eldes, a M2M technology company


Growth capital fund LitCapital has signed investment agreement with Eldes UAB, a company involved in the design, development, and production of advanced remote control devices and solutions for M2M market.


EU backed private equity funds made 56 investments in Lithuania


Lithuanian private equity funds backed by EU through JEREMIE program made 56 investments in local companies. Invested amount exceeds EUR 27.6M according to Lithuanian Private Equity and Venture Capital Association (LTVCA). Similar funds with mandate to invest in neighboring Latvia made 40 investments in total with investment amount of EUR 17.6M.


Altechna and Brolis Semiconductors back from Photonics West 2014


Altechna and Brolis Semiconductors, two LitCapital portfolio companies, participated in the flagship photonics industry event Photonics West in San Francisco USA.


Brolis receives Global Lithuanian award for innovations


Brolis Semiconductors received Global Lithuanian award for implemented innovations. The award ceremony was hosted at the Lithuania’s President’s palace in Vilnius, Lithuania. Award was presented by the President of Lithuania Ms. Dalia Grybauskaitė. In total 9 awards were awarded in different nomination categories.


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