Povilas Urbonas

Invest in Defence, Cyber, Robotics, Fintech, Healtech, and AI Startups | MD & GP at IGNITION FUND by Startup Wise Guys | Entrepreneur | Investor | Innovator | PhD in Economics Student | Entrepreneurship Lecturer at VMU

📍 Odense, South Denmark, Denmark🔄 Updated September 2026💼 4 investments📅 8 years investing🗓 Last invested Nov 2019𝕏 @upgrade_to_unlock
VC🌍 Denmark
4
Total investments
3
Early stage
1
Mid stage
0
Late stage
8y
Years active

Portfolio

4 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Angel Investor and Advisor
Nov 2019
Democratizing simulation with open source tools & focused apps Were making simulation affordable and available for everyone by connecting the best of open source tools into a simple interface with focused applications: - Induction Heating - Antenna Design ..and more coming soon! AFFORDABLE The use of free open-source algorithms made it possible for CENOS to be affordable for everyone. CENOS starts from $300 a month and saves you 80% of costs and time spent on physical tests. SIMPLE & FOCUSED CENOS 3D desktop software keeps focus on your specific industry needs and tries to avoid any unnecessary functionality which might confuse inexperienced user. CONNECTING THE BEST OF OPEN-SOURCE CENOS platform technology enables affordable simulation available for small to mid-size companies by connecting third-party open-source algorithms in one seamless user experience. GetDP, Salome, FreeCAD and Paraview were developed by strong academic communities involving world top research centers and universities like Sandia National Lab, Imperial College, KU Leuven, and others.
Angel Investor
Oct 2019
OROCON is specially created construction site management software for companies who dream BIG and want to reduce construction operational problem, and coordinate actions across a growing network of subcontractors, planning, tasks, drawings, finance.
mid stageConstruction
Board Member (Co-Founder)
Jan 2018
Welltrado
Angel Investor
Jan 2018
BloknotApp is an online CRM software for beauty salons. Learn more about our product at https://bloknotapp.com/en
Experience · 16 entries
All (16)
Investments (3)
Founder (9)
2024
Venture Partner at GenTech Fund
Jul 2024
2023
Venture Partner
Jan 2023
We are a diverse team of tech lovers, mentors, experts, and founders ourselves bound together by our passion to support founders on their entrepreneurial journey. We help to solve key challenges at every stage Dare to dream global. We’re a startup accelerator like no other, our optimized approach puts early stage startups on the map and catapults them into worldwide success. Startup Wise Guy’s origins began in Europe’s tech-savvy startup capital, Estonia. Since 2012, we have used our carefully curated expertise, skills and funding to skyrocket hundreds of emerging early stage startups into upwards growth. This is not our first rodeo… we are the most experienced accelerator fund in the region with over 35+ programs, an international community of founders from over 60 countries and an established market in CEE and CIS countries.
2021
Co-Founder
Sep 2021
Careertail is borne out of the need to ensure there are no difficulties to online and electronic learning all around the world. Careertail's platform aggregates the best, vetted, and relevant courses and generates unique career paths for its users. Careertail takes away the stress of having to source for courses, lessons, and classes in the field our user is interested in.
2020
Founder
Mar 2020
Batata is an online platform for farmers, food producers, HoReCa, and non-profit organizations that help all of them become part of a sustainable food system. The Batata marketplace opens up new opportunities for farmers to sell their products, thus helping to reduce food waste. At the same time, B2B customers get a reasonable price on products, fresh goods directly from the manufacturer, and a green profile that can be used for branding. In addition, all users can analyze data in the system, making it easy for them to plan for future processes and stay away from overproduction or irrational consumption. As an e-commerce platform, we provide a simple process, by taking care of the logistics, invoicing, and payment process, so that users can focus on what they do best.
Show all 16 entries ↓
Investment activity
2018–2019 · 4 investments
2018220192
Recent (last 2 years)Earlier