Tesonet

Tesonet is a prominent Lithuanian venture capital firm established in 2008, focusing on sectors such as cybersecurity, artificial intelligence, education technology, sports technology, and digital solutions. The firm has been instrumental in launching and scaling several successful companies, including Nord Security, Surfshark, Oxylabs, Hostinger, and nexos.ai. With a team of over 3,500 professionals, Tesonet provides comprehensive support to startups, encompassing product development, marketing, and global expansion strategies.

The firm's investment approach is characterized by a hands-on, founder-centric model, aiming to empower entrepreneurs to build and scale their ventures effectively. Tesonet's portfolio reflects a diverse range of industries, demonstrating its adaptability and commitment to fostering innovation across various sectors. Notable investments include a €2 million stake in the Lithuanian SportsTech startup FPRO, which develops innovative football training solutions for children.

In addition to its investment activities, Tesonet is actively involved in community initiatives. In May 2025, the firm launched the 'Generation AI' program, offering Lithuanian schools free access to advanced AI tools like nexos.ai and Hostinger Horizons, aiming to equip students and teachers with cutting-edge AI knowledge. This initiative underscores Tesonet's dedication to advancing education and innovation within Lithuania.