Welcome to Baltic Sandbox playground!

Baltic Sandbox is a value acceleration partner for the Eastern European startups

Baltic Sandbox Accelerator

Baltic Sandbox is a sustainable value acceleration partner for the Eastern European startups seeking the transition to the Western European markets.

We are primarily working with startups from various industries addressing responsible consumption societal problems, UN sustainability goals, and the digital economy.

Are we a match? Learn more about our approach and selection criteria.

Summer 2020 Bootcamps

Summer 2020 Bootcamps

We moved our famous Bootcamps online till September 2020, however, we are keeping the spirit! The April and May 2020 Bootcamps are dedicated to the topic we all worried about: how to survive, grow, fundraise, and build a new network during these uncertain times. Let’s figure it out together with our experts!

Summer 2020 angel school

Summer 2020 angel school

The perfect storm at the startup market won’t last forever – already in Fall’20, we will see new deals and new market leaders. What do the experts think about the startup market? What are the opportunities and threats for angel investors? Join our angel school to find out!

Women in Tech

Women in Tech

Diversity doesn’t just matter, it also pays off in higher returns. According to the latest studies by PwC and BCG, startups led by female founders or co-founders perform 10% – 35% better over time and more likely to have IPOs and profitable acquisitions, despite being comparatively underfunded. We believe in Women in Tech and do our best to empower them.

Startups to watch in 2020

Meet some of our amazing portfolio companies

Dima and Max, Searadar

SEARADAR

What comes to your mind when you hear the “yacht booking platform”? An exceptional and extra-expensive vacation option? Not if you ask the professional captains.
Yachts are their everyday life, and there are more such people in the world that you can imagine. Meet Dima and Max – co-founders of Searadar – a marketplace for professional captains where they book yachts globally.

“We were looking for a partner to launch at the EU markets, to get new clients, as well as the EU investors. Our founding team had a great experience in launching and developing different businesses, however, this experience was limited to the CIS markets. We understood that we have to build our EU business from scratch and we could benefit a lot from the right partner.

It turned out too good to be true – we didn’t just find a single partner but the whole Baltic Sandbox team.

What did we get? A huge network and investors pipeline – in just one year we met most of the opinion leaders in the EU venture industry, got plenty of hours of mentorship on marketing, strategy, etc. from the industry experts. We packaged our startup into the investable products and acquired new customers from the EU. Thank you, guys!”

Natalia, Kris and Dina, OpenFace

Openface

What DeepTech and skin care could possibly have in common?

All of it, if you are a brilliant team who launched a data-driven and AI-powered skin diagnostic service combined with home-delivered personalized skincare kit. Learn more about Openface from Kris, Natalia, and Dina.

“Baltic Sandbox is not a typical accelerator, they are rather a partner that helps you to grow. The acceleration program takes place in Lithuania and includes mentors, investors, and industry experts. Additionally to this, Baltic Sandbox is running side events and pitching sessions at different international conferences.

We are happy with our partnership. Baltic Sandbox helped us to figure out the EU markets, legal questions, networking, and fundraising. After pitching at different events, talking to mentors and investors, we feel much more confident.

Sometimes, it feels like that startups founded in Russia don't really understand how to enter the EU markets: where to start, how to scale, how not to burn money. Baltic Sandbox turned out to be our point of entry.”

Andrew Khapsasov, NRBoom

NRBoom

What if we tell you that this startup can read your mind? Sounds scary, right?

“No, sounds great!”, says the marketing agency creative director. “We want to know what our target audience really thinks about our commercials!”

Meet Andrey from NRBoom who can make it happen.

“Baltic Sandbox is simply the best! In my past, I've been participating in various startup programs since 2012, and I have to admit, not all of them were as useful as BSB.

The core feature – truly tailored mentors and speakers. I mean it – somehow they've managed to combine in one place at one time several dozens of professionals (note, some of them might be your future customers!), and each of them is eager to share his vision and help you.

Imagine if you can have a 20-30 minutes conversation with a C-level manager or even a CEO of a company of your interest, sounds good, right? Here's another perk: their network of investors, angels and funds. If you're in the BSB, that people will listen to you carefully. And that works – we managed to raise investment with BSB!

The last, but not least: the people behind BSB are truly dedicated and motivated, meanwhile, you don't feel that artificial barrier between startup and accelerator, you can talk with them as like they're your brothers in arms and chums. 10/10”

Julius Dargis, ViaCorex

ViaCorex

What do you think when you hear the word “procurement”?

Outdated and expensive ERP systems?

Imagine a convenient eProcurement solution that gives you more control over your spendings combined with suppliers management solution. It’s called ViaCorex and brought to market by Julius and his team.

“If I had to tell you about our experience with Baltic Sandbox in a few words, I’d defo mention – the family, friends and full support.

With Baltic Sandbox I have extremely widened my contacts both work, and personal not only in Lithuania (where we operate) but also worldwide. We have traveled to numerous international events and conferences in the Baltics and Europe.

If we ever need any introduction, it is always a matter of asking Baltic Sandbox for a bit of advice.

Baltic Sandbox team became our real friends. We became friends with all of the teams from other startups.

We didn’t even expect that such a thing as an acceleration program would turn out into such a level of support, attention and problem-solving actions.”

Agota Jakutyte, Zenoo

Zenoo

Is it even possible to disrupt the pet food industry? Yes, if you truly love pets, care about them, and combine it with the scientific approach.

Meet Mindaugas and Agota from Zenoo – personalized RAW food subscription service for our best friends

“I’m Mindaugas Kriščiūnas, one of the founders of Zenoo brand. In times of digital age, together with Agota Jakutytė we have decided to launch a kind of traditional product and service. Moreover, we have joined the most advanced scientists to together find out the formula for healthy dog food. What it has to do with startups and technologies one can ask? We applied the best technologies for our clients to be able to subscribe to the product online and with no headache get the best food that there is for their best four-legged friends.

Seems simple, right? Just take the product that everyone wants and needs and sell it on the market. Unfortunately, the reality is much more complicated – in the traditional production chain, we add marketing, then we add sales, then we add an element of the perfect client service, then we place all of this online and offline - startup instantly becomes a complicated business to work in.

My co-founder Agota has extensive experience with physical products and brands, myself, I’ve been working with digital technologies worldwide. We have teamed up our strengths to build something unique, something that everyone (in our target group) would need today.

Today, I can tell you we are grateful that we met the guys from Baltic Sandbox at the right time, just before we decided to launch our service and dive into the active sales.

We were sure that there is a product-market fit, there’s an audience that waits for this kind of solution/product. Unfortunately, for the investors of classical startups, it seemed like a complex challenge or they had a lack of belief in us. But not for Baltic Sandbox team. This team jumped into our project on day 1, brought a wide network of mentors, advisors, they didn’t count any minute that they spent on our project. We tailored each corner of our project, we polished until we started to like it and could move on.

I’ve personally had a chance to participate in various international startup accelerators, such as “500 Startups” in San Fran, “TechStars” in London, so I am pretty aware of how these programs work. A lot of intensive work, loads of ideas, offers, investor’s attention, and micro-investment (if it’s needed).

I’m gonna be sincere here, with this experience I thought I could predict what will be an outcome from Baltic Sandbox, and I didn’t place a big bet on this. The main factor for our cooperation was to allow my co-founders and colleagues to get this experience too. Moreover, allow my fellow partners to get a better view of how digital products grow, evolve and skyrocket. With this, we started our cooperation in October 2019, you know what, WE still cooperate!

Not gonna brag here, out of all the projects I had a chance to work with and that included outside consultants, mentors, and advisors – Baltic Sandbox program brought us the most value. For myself, and my co-founder, and of course, our startup.

And here comes the main thing – value. The team from Baltic Sandbox offers a real hand-on and problem-solving approach. Sometimes, dozens of tips, recommendations and micro-investment are not as valuable as a chance to work with a team of professionals. Your real partners work hand in hand to solve the main challenges that you face. Whatever it is: production – solved, logistics – solved, digital technologies (e-commerce, client service, CRM, OMS, etc) – solved. Marketing – solved. Pitching to investors and partners – solved. Operational management – solved. Financial projections – solved. Budgeting, etc etc. Whatever happens, Baltic Sandbox is here to support. It helps to move further, try harder and believe that if there will be a challenge to solve, we will not be alone in this game. Combined, it makes us an A TEAM.

I’m looking forward to what the next months will bring us. And we will definitely figure it out.”

Apply for Bootcamps and Baltic Sandbox Startup Fridays!