Audrius Zabotka

LitBANs objective is to foster business angel activity through communication, events, networking, syndication of deals both locally and across Europe. The association’s key directions of activity: 1. Networking & start-up deal flow facilitation via monthly events 2. Private investor interest representation through a consistent dialogue with public officials and governmental institutions 3. Sharing of tools, legal frameworks and knowledge for the purpose of attracting new angel investors.

CoInvest Capital invests in start-ups and companies undergoing business development and growth in co-operation with groups of business angels or private venture capital funds. Fund caps its investment return to 6% annually during the investment period. Excess return is a premium to private investors who co-invest with the Fund. The Fund is acting as a silent investor.

UAB Jūrės medis is one of the largest manufacturers of glue laminated timber structures in the Baltic states. The company has produced such structures since 1974 and the origins of the company date back to 1909 when the german merchant F.Torkler has established a new sawmill in Jūrės village. Extensive experience and high quality of products is approved by the quality certificate of the German Otto Graf Institute for strength classes A, GL24; GL28 and GL32 in accordance with EN14080. In 2012 the company received ISO9001 and ISO14001 certificates. UAB Jūrės medis produces straight and bent laminated timber building structures, massive wood beams connected along the length and wooden roofs. We also produce log houses, bath houses and summer bungalows from glued beams. We produce houses from cut spruce and pine lumber jackets, which together with beams are produced using modern equipment, employing extensive experience, gained throughout the entire life of the company. The constructions are produced from spruce and pine timber, using melamine glue. UAB Jūrės Medis also provides the following services: Supply and construction of steel components Preparation of advance proposals Wood impregnation Fire retardance Transportation Consulting UAB Jūrės medis exports about 80 % of the whole manufactured products to Germany, Poland, Norway, Denmark, Great Britain, Italy, Portugal, Latvia, the Ukraine, Korea, Qatar and others.

LitBANs objective is to foster business angel activity through communication, events, networking, syndication of deals both locally and across Europe. The association’s key directions of activity: 1. Networking & start-up deal flow facilitation via monthly events 2. Private investor interest representation through a consistent dialogue with public officials and governmental institutions 3. Sharing of tools, legal frameworks and knowledge for the purpose of attracting new angel investors.

CoInvest Capital invests in start-ups and companies undergoing business development and growth in co-operation with groups of business angels or private venture capital funds. Fund caps its investment return to 6% annually during the investment period. Excess return is a premium to private investors who co-invest with the Fund. The Fund is acting as a silent investor.