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Register for our sale in September 2018

Summary Whitepaper

How it works






Who we are

We are accelerator and VC, growing the most promising Baltics and CIS startups from the very pre-seed to A stage. We invest in hardware and robotics, cybersecurity, enterprise software, fintech, AI and blockchain based projects.

We are also building the platform, where every token-holder gets access to the ecosystem and all the resources that help a startup to grow: mentorship, experts, media, legal services, marketing, PR, development, and investments.

Additional benefits

Tech guys and experts

Crypto maniacs

Startup founders and future startupers

Other people of the same mindset

Professional investors

Baltic Fund and the Ecosystem

Imagine an ecosystem where any startup can obtain the best there is – from their creation up until they exit. We are talking here about a top-notch level of expertise, support from government institutions, a chance to immerse yourself in community backed events and initiatives, supervision from the best advisors, and much more. This is something which we created, and we call it – Baltic Fund Ecosystem.

Funds and angels

Verified and reputable Investment Partners with perfect track-records from various EU and USA funds along with angels to help our startups with expertise and further investments.


Founded in 2015, Business Hive Vilnius is one of the oldest startup incubators and technology hubs in the Baltic States. Primary focus on hardware, security, blockchain, AI, fintech and enterprise software startups.


Talents, knowledge, and business/IT expertise from Lithuanian Startup, Baltic Education, Uzupis Creative, Blockchain and Cryptocurrency clusters.


EU and CIS Startup Acquisition Partners together with Community partners bring startups from other countries to BHV.


Mentorship will be conducted by a wide range of market experts - from investment funds and key experts from our community and network to globally known entrepreneurs.

Events and initiatives

About 50 business, security and startup events per year are being organised in Business Hive Vilnius. Also, BHV startups participate in major worldwide events such as Slush, Web Summit, MWC, Techchill, and more.

Support and legislations

Governmental partners – varying from Startup Lithuania, MITA to Invest Lithuania and Enterprise Lithuania.


Vibrant community of makers, inventors, tech-talents, marketers, and business developers to share experience and ideas with each member.

Our Ecosystem

Blockchain platform

The core of our Baltic.Fund will be a blockchain-technology based online service or, as we call it, Balt Platform. With this platform anyone holding access to it will be enabled to become a part of the community, exchange tokens and purchase such tools as acceleration of a startup, 1-on-1 consulting sessions, priority entrance and tickets to our events, discounts for global events, even getting a table (or virtual residency) in our and partner’s co-workings. And the service list is only going to grow.


startups in acceleration


mentors from worldwide


seed investments


exits of Baltic Fund

Token distribution

BALT is a utility token, you will receive BALTs to your wallet right after the purchase. Use BALTs to obtain services, products, and ecosystem benefits on the platform, trade it at the community or on the crypto exchanges.

Baltic Fund tokens

  • 165.000.000 BALT tokens are issued
  • 150.000.000 tokens for sale
  • 15.000.000 tokens not for sale (advisors, team, bounty)

Token price:

  • 1 BALT = 0,00025 ETH
  • Minimum amount of purchase – 100 tokens


  • 15% bonus during the pre-sale
  • 10% bonus during the sale

ICO Dates


Jan 26 – Feb 5, 2018

20% bonus (for whitelisted investors only)
Token price – 0,00015ETH
min purchase – 100 ETH


Feb 19 – March 26, 2018

15% bonus
Token price – 0,0002 ETH
Min purchase – 0,02 ETH


April 26 – 27, 2018

10% bonus
Token price – 0,00025 ETH
Min purchase – 0,025 ETH


May 24 – 25, 2018

5% bonus
Token price – 0,00025 ETH
Min purchase – 0,025 ETH


September 19 – 22, 2018

0% bonus
Token price – 0,00025 ETH
Min purchase – 0,025 ETH


Marius Pareščius
CEO and Founder

Marius is a well-known IT and security expert, Lithuanian serial entrepreneur, and an IT-counselor to the Lithuanian Parliament. He is the founder of Business Hive Vilnius, one of the oldest startup incubator in the Baltics

Sandra Golbreich

Sandra is an IT and startup industry expert, serial IT-entrepreneur, industry events speaker, and a mentor of fintech and software Baltic startups.

Ivan Borovkov

Ivan is a co-founder and CTO of Esteq, the startup, who provides hundreds of websites with DDoS protection services, infrastructure management, and cyber security supervision. He has been a highly skilled DevOPS engineer for more than 10 years. Ivan also consults various projects in blockchain and cryptocurrencies.

Konstantin Maximiuk
Communication Director

Konstantin is a marketing and communication professional with over 15 years of experience within the CIS and with a host of international companies and markets. He possesses vast entrepreneurial experience in digital marketing and media production.

Alex Nosov
Head of Support

Alex is an expert in customer experience. His experience includes heading of customer support of Aviasales (international air tickets aggregator). So he is an expert in finding the solutions to customer's troubles with the airlines and agencies, integrating of quality control systems for the understanding of the complexities of the users, and constructing of user interaction methods.

Design & Development Team

Design, development and creative team, photo and video production, marketing talents and customer support, and others, who contribute to our platform and community.

Anastasija Korotkova
Startup Acquisition

Anastasija has worked in many facets of the IT industry in a multitude of differing positions; from HR-departments to marketing manager, she knows the industry from within and has an eye for talent. Her main goal is to pre- select the best startups for the BHV pipeline.


Our idea is strongly backed up by many industry leaders. Here we disclose the ones, who we consult with on the daily basis.

Max Postnikov
Marketing Advisor

Max is an investor and chief evangelist at Universa, the new generation blockchain technology. Max has been a serial entrepreneur since 2001, launching multiple successful tech companies in the areas of online-recruiting, mobile gaming, big data & AI. In addition, for many years he was in charge of social networks at Mail.Ru Group, one of the largest internet companies in Eastern Europe

Igor Pahomov
Tech Advisor

Igor is a co-founder & Head of sales of Esteq, the startup, who provides hundreds of websites with DDoS protection services, infrastructure management, and cyber security supervision. He also possesses an impressive portfolio of cyber security companies which were all highly successful.

Tomas Vileikis
Security Advisor

Tomas' years of expertise include MCT, ITIL, Project Management. He is a general manager of TOWI, a Microsoft Learning Center (CPLS) and Project Management Hub.

Sarunas Grigaliunas
Security Advisor

Sarunas is a security expert who specializes in strategic security planning, tactical security research, operational threat mitigation and experiential security and technology education. His current work experience includes cyber security in Lithuanian Railways and co-founding of Vidulus.

Mindaugas Urbonas
Legal Advisor

Mindaugas is an attorney with 15+ years of experience in the various law issues, including company law, commercial and trade law, construction and real estate law, employment and labour law, litigation and arbitration, representation in public institutions. He is also a Member of the Board of International Security Cluster.

Arvydas Dabulskis
Financial advisor

Arvydas is an Investor, a Founder of Rideway (segways), and a Partner in MD Group (car electronics).

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Baltic Fund HQ

Savanoriu pr., 178F, Vilnius, Lithuania

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