DM

Darius Montvila

Chair of the Management Board at Ignitis Lithuania

📍 Lithuania, Lithuania🔄 Updated November 2026💼 2 investments📅 18 years investing🗓 Last invested Jun 2018
Operator-angel🌍 Lithuania
2
Total investments
1
Early stage
0
Mid stage
0
Late stage
18y
Years active

Portfolio

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Member Of The Board
Jun 2018
Blockchain, Artificial Intelligence and Raman spectrometry join forces to disrupt the 300 billion dollar food crime industry. STOP FAKE FOOD is determined to bring a trustable solution to the market to stop food crimes. Blockchain based Artificial Intelligence eco-system will enable new methods on how to stop food counterfeiting. The difference in food crime industry can be achieved combining Raman spectrometry technology improvements and adoption of AI. By analysing the Raman spectrometry with a naked eye it is possible to identify only few major features of the sample. But adding AI analysis, the system becomes a game changer. Our experts are using Machine Learning to train Artificial Neural Networks to analyse the Raman spectra by feeding huge amo unts of such verified data samples (scans) into the AI. With time AI established between similar scans and start identifying trends. It becomes smarter and smarter. Once the library of the data will be big enough, it will be possible to tell very precisely, what kind of product was scanned f.e. is it an olive oil from Italy or Morocco; what is the percentage of beef in the product or does it have any other supplements (like horse meat).
Experience · 4 entries
All (4)
Investments (2)
Founder (2)
Board (2)
2018
Member Of The Board
Jun 2018
Blockchain, Artificial Intelligence and Raman spectrometry join forces to disrupt the 300 billion dollar food crime industry. STOP FAKE FOOD is determined to bring a trustable solution to the market to stop food crimes. Blockchain based Artificial Intelligence eco-system will enable new methods on how to stop food counterfeiting. The difference in food crime industry can be achieved combining Raman spectrometry technology improvements and adoption of AI. By analysing the Raman spectrometry with a naked eye it is possible to identify only few major features of the sample. But adding AI analysis, the system becomes a game changer. Our experts are using Machine Learning to train Artificial Neural Networks to analyse the Raman spectra by feeding huge amo unts of such verified data samples (scans) into the AI. With time AI established between similar scans and start identifying trends. It becomes smarter and smarter. Once the library of the data will be big enough, it will be possible to tell very precisely, what kind of product was scanned f.e. is it an olive oil from Italy or Morocco; what is the percentage of beef in the product or does it have any other supplements (like horse meat).
2009
Founder
Apr 2009
MAINSEC provides solutions and services for the telecommunications industry with a focus on network operators, IT infrastructure companies and governmental institutions in the Baltic States: Lithuania, Latvia and Estonia. We cooperate with leading hardware and software vendors and own a portfolio of high-end products, while developing our own products and solutions with partners. MAINSEC distributes communication network equipment products in the Baltic countries for their leading vendors, such as Commscope, Rosenberger, SIAE Microelettronica, ATDI etc. We are now is in the process of further expanding our business to other European countries.
2008
LEO LT
Member of the Board
Oct 2008
Founder
Mar 2008
We are a team of experienced professionals who develop and implement Smart Metering and Overall Equipment Effectiveness (OEE) solutions. Our goal is to help our clients control, optimize and save all kinds of energy costs and thus improve energy efficiency in industrial companies. BENCO operations include Smart metering, data analysis, initiation of improvements, OEE solutions, customer training and consultations. We design and implement our own unique solutions; therefore, the scope of our services is developed to create the maximum value for every client. It does not end just with installation of Smart Metering or OEE tools. The main principals of our services are quality and flexibility. We adjust to each individual case and find the best solution meeting the specific needs of every customer. Moreover, we are the authorized AVAYA partner, and experts in IT , PABX and Call Center design and implementation and maintenance.