“Over the past two years, we’ve scouted and supported founders contributing to the next wave of global innovation — ranging from hydrogen and hardware, to AI-driven medical devices and resilient connectivity solutions that enable comms even in the most challenging environments. We are honoured to welcome NIF to our LP community. It was evident from our very first meeting during the NATO Summit in Vilnius in 2023 that our missions align perfectly. We take NIF’s trust as recognition of our thesis that European, and specifically Baltic, Nordic, and CEE deep tech has massive potential.”

“Baltic founders innovate with urgency driven by high-stakes realities. The Baltics, Nordics, and CEE regions combine world-class academic talent with mission-driven entrepreneurial energy. Look at Ukraine – the pace of innovation on the front lines is faster and more focused than anywhere else in Europe, because they understand that technological edge is a matter of survival. Deep tech requires a different mindset – it’s a proving ground, not a playground. The innovators shaping our future need capital partners who understand the unique challenges in their journey ahead. It takes a greater level of competence and foresight the earlier stage you dare to venture – because selection and effective support both are crucial. We’re glad to be working with some of this region’s few co-investors who understand this, and happy to see more funds developing such capabilities.”

“We’re excited to support the growing ecosystem of DeepTech innovators in the Baltics. The region is of great strategic importance to the security and resilience of the Alliance. Our investment in BSV Ventures reflects confidence in their strong leadership, complementary expertise, and proven commitment to transforming the Baltics into a global hub for DeepTech and dual-use innovation – essential for advancing European sovereignty. We look forward to seeing how this critical capital will boost emerging technologies from Lithuania, Estonia, Latvia and beyond.”