Vilnius-based LITILIT secures €8 million financing to develop scalable femtosecond laser systems.
Amount Raised
€8 Million
Round Type
Debt Financing
VilniusManufacturingBiotechnologyInvestors
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.
Quick answer
LITILIT raised €8 Million in a Debt Financing round, dated August 18, 2026. Investors: Lithuanian National Development Bank ILTE. LITILIT is based in Vilnius, Vilnius County, Lithuania.
- How much did LITILIT raise?
- LITILIT raised €8 Million in a Debt Financing round on August 18, 2026.
- Who invested in LITILIT?
- Lithuanian National Development Bank ILTE is named as investors in this round.
- What does LITILIT do?
- LITILIT is a femtosecond laser company founded in 2015 that manufactures lasers based on patented technology enabling scalable production and integration into industrial systems.
- Where is LITILIT based and how big is it?
- LITILIT is based in Vilnius, Vilnius County, Lithuania. Fundz records about 28 employees.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as LITILIT that raised within 45 days of this round, from Fundz verified event records.
- Varda Space Industries raised $251M (Series D) on September 30, 2026.
- Serán Bioscience raised an undisclosed amount on September 29, 2026.
- Daedal Systems raised $4M (Seed) on September 28, 2026.
- MOYOM Biotech raised an undisclosed amount on September 28, 2026.
- VaxThera raised $17M (Debt Financing) on September 27, 2026.
- Feather Robotics raised $7.6M (Pre-Seed) on September 26, 2026.
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