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Vilnius-based LITILIT secures €8 million financing to develop scalable femtosecond laser systems.

PRIVATEAug 18, 2026•about 4 hours ago

Amount Raised

€8 Million

Round Type

Venture - Series Unknown

VilniusManufacturingBiotechnology

Investors

Lithuanian National Development Bank Ilte

Description

LITILIT has received an €8 million loan from the Lithuanian National Development Bank ILTE for expanding its femtosecond laser modular system. This funding aims to speed up the adoption of advanced lasers and open new applications. The company plans to commercialize the new technology by the second half of 2029. They have recently begun construction on a large-scale femtosecond-laser facility in Vilnius.

Company Information

Company

LITILIT

Location

Vilnius, Vilnius County, Lithuania

About

LITILIT is a femtosecond laser company founded in 2015 that manufactures lasers based on patented technology enabling scalable production and integration into industrial systems. The company focuses on developing advanced femtosecond laser systems to expand their applications in various industries. Their innovative technologies aim to simplify the infrastructure requirements typically associated with femtosecond lasers. LITILIT collaborates with the Centre for Physical Sciences and Technology to enhance their offerings.

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