Dealroom+波罗的海深度科技报告

Baltic Deep Tech Report 2023September 2023Page / 2 FOREWORD BYSince 2019 an overwhelming majority of our investments have been channeled into the Baltic regionʼs burgeoning Deeptech and AI sectors. This decision is rooted in our firm belief that Deeptech represents the true mission of venture capital – a vehicle for fostering innovation that leads to breakthroughs with profound implications for human social and economic freedoms.In the Baltics, also known as the New Nordics we are captivated by the convergence of science and applications in photonics, robotics, AI and other breakthrough fields as it promises to unlock unprecedented potential across various industries. “Kasparas JurgelionisManaging Partnerat Iron Wolf CapitalWe are favoured to be the region leading the number of STEM students per capita in Europe, an engine that will torque innovation for years to come.At Iron Wolf we aim to support and accelerate the growth of startups and innovators who are pushing the boundaries of what is possible. We see this as an opportunity not only to generate strong returns for our investors but also to be part of a transformative force that positively impacts society and empowers individuals and businesses alike.Page / 3 Alex HamiltonEcosystem Innovation Analyst at dealroom.coLouis Geoffroy TerrynEcosystems Research Lead at dealroom.coFunding update1Table of contents23Deep Tech in the BalticsThe Baltic startup ecosystemCo-authorsKlaudija BudreikaiteHead of ESG at IronWolf CapitalKasparas JurgelionisManaging Partner at IronWolf CapitalSpecial thanks to our contributorsRoberta RudokienėManager at Startup LithuaniaAudrius JanulisIndustry Manager Balticsat GoogleAndrius IvanauskasPartner at WallessHaris AlibegovicCorporate Field Sales Manager at Google CloudPage / 4 Global startup & venture capital intelligence platform.Dealroom.co is the foremost data provider on startup, early-stage and growth company ecosystems in Europe and around the globe. Founded in Amsterdam in 2013, we now work with many of the world's most prominent investors, entrepreneurs and government organizations to provide transparency, analysis and insights on venture capital activity.Seed stage VC fund from the Baltics.Iron Wolf Capital is a leading early-stage VC fund backing exceptional founders building disruptive and global deep tech businesses. With more than 20 investments over the last 4 years we are one of the most active investors in the Baltics and beyond. Iron Wolf Capital manages EUR 21 million VC fund that was established under the framework of the financial instrument Venture Capital Fund II managed by Invega and financed from the European Regional Development Fund (ERDF).Page / 5 High-performance infrastructure for cloud computing.Google Cloud, a dynamic and trailblazing division of Google, stands at the forefront of innovation in cloud computing. As a premier provider of cloud solutions, we empower businesses, developers, and enterprises to harness the full potential of