GREÏ, a deeptech startup based in Vilnius, Lithuania, has raised €650,000 in a pre-seed funding round. The investment was led by FIRSTPICK, a venture capital fund and accelerator focused on technology startups in the Baltic region. Founded in 2022, FIRSTPICK primarily invests in early-stage tech startups across sectors such as fintech, SaaS, deeptech, and consumer marketplaces.
The newly acquired funds will be utilized by GREÏ to advance product development, expand its team, and facilitate its market entry across Europe. Established in 2024 by Giedrė Rajuncė and Saulius Tvarijonas, GREÏ offers an AI-powered operational intelligence platform tailored for businesses with extensive physical operations, including warehouses, factories, and retail chains. By integrating with existing infrastructure like cameras, the platform provides a comprehensive, real-time overview of operations. It identifies operational risks, safety violations, inefficiencies, and other issues as they arise, allowing for swift responses and enhanced efficiency. Based in Vilnius, GREÏ aims to eliminate operational blind spots, reduce costly downtime, and make daily operations safer, more predictable, and easier to manage.
