Growth Capital • Automotive

LitCapital Asset Management UAB Invests In Elinta Motors

On November 7, 2022, growth capital firm LitCapital Asset Management UAB invested in automotive company Elinta Motors

Investment Context
  • This is LitCapital Asset Management UAB’s 1st transaction in the Automotive sector.
  • This is LitCapital Asset Management UAB’s 9th transaction in Lithuania.

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Investment Summary

Date November 7, 2022
Target Elinta Motors
Sector Automotive
Investor(s) LitCapital Asset Management UAB
Deal Type Growth Capital

Target Company

Elinta Motors

Kaunas, Lithuania
Elinta Motors designs, develops, and manufactures turn-key powertrain components and battery systems for commercial vehicles. Elinta Motors is based in Kaunas, Lithuania.
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Investor Overview 1

Investor
DESCRIPTION

LitCapital Asset Management is a growth capital and venture investor focused on opportunities in Lithuania. The Firm looks to commit €1 to €3 million per transaction to support and accelerate growth for small to mid-sized companies in a variety of sectors. LitCapital Asset Management was formed in 2010 and is headquartered in Vilnius.


Deal Context for Investor #
Overall 11 of 11
Sector: Automotive 1 of 1
Type: Growth Capital 8 of 8
Country: Lithuania 9 of 9
Year: 2022 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 Sena lt

Vilnius, Lithuania

Sena lt is managing a platform for second-hand books where registered users can post free of charge ads of the used books, they wish to sale, trade, or just give away. Sena lt is based in Vilnius, Lithuania.

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