LitCapital (Lithuania)

The world could hardly function nowadays without semiconductors. They have a wealth of unexpected applications in everyday life: microwaves, radios, computers, televisions, CD players, air conditioners, cars, security devices, medical appliances and even the humble pocket calculator all work thanks to semi-conductors. They are the chosen field of expertise of “Brolis Semiconductors”. This Lithuanian company specialises in the design and development of long-wave-length mid-infrared laser diodes and molecular beam epitaxy technology, which is applied in the medical diagnostics, dermatology, materials processing, gas sensors, combustion process control and home security night vision sectors. The idea to set up “Brolis” – which means “brother” in Lithuanian – was conceived when Augustinas and Kristijonas Vizbaras were finishing their doctorates in physics at Munich University. In 2011, together with their brother Dominykas, convinced that their technical know-how could be put to good use in their home country Lithuania, they set up “Brolis Semiconductors”. To make their project a reality they secured funding from the EIF-backed venture capital fund “LitCapital”, which operates under the JEREMIE Holding Fund in Lithuania. LitCapital saw the potential of the start -up and gave the brothers financial backing and advice. The company is now well-established and provides quality competitive services, products and management to a growing portfolio of clients.

Company: Brolis Semiconductors, Lithuania
JEREMIE-funded commitment in LitCapital

For further information about EIF intermediaries in Lithuania, please refer to:
http://www.eif.org/what_we_do/where/ltu/index.htm