Tech Company Financing Transactions
LITILIT Funding Round
LITILIT secured a $8 million investment round on 8/18/2026. Backers included ILTE (Lithuanian National Development Bank).
Transaction Overview
Company Name
Announced On
8/18/2026
Transaction Type
Debt
Amount
$8,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to develop its femtosecond laser modular system (FEMODA) and expand their applications into large-scale industries, including mass production of metal tools and specialized coatings on large surfaces.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Savanoriu Ave. 235
Vilnius, LT-02300
Lithuania
Vilnius, LT-02300
Lithuania
Phone
Website
Email Address
Overview
At Litilit, we are committed to creating a new technological pulse in the fast-growing world of laser tech. The unique Litilit developed ultrafast laser technology is based on a patented laser pulse generator, which enables us to achieve telecom-standard reliability, manufacturing scalability, and a competitive price. Furthermore, we pride outside on our lasers requiring no maintenance, and being robust to external disturbances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nikolajus Gavrilinas
Co-Founder
Kestutis Regelskis
Co-Founder
Nerijus Rusteika
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We record every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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