Lithuanian DeepTech GREÏ Raises €650k for AI Industrial Monitoring

Lithuanian DeepTech startup GREÏ secured €650k in a pre-Seed funding round. Baltic VC fund FIRSTPICK led the investment. This capital will expand GREÏ's AI-powered operational intelligence platform.

Founded in 2024, GREÏ develops an AI-powered operational intelligence platform for large physical sites. These include warehouses, factories, and retail chains. The system connects to existing infrastructure, such as cameras, to monitor operations. It identifies safety issues and improves efficiency in real time. The platform detects everything from improperly sorted waste to workplace safety rule violations. It then alerts relevant teams with actionable insights.

Advancing AI Operational Intelligence

The new funds will support product development and team expansion. Furthermore, GREÏ plans a broader rollout across European markets. This funding marks a shift from product development to real-world implementation.

The platform addresses significant operational blind spots and costly downtime. Unplanned factory downtime alone costs over €100k per hour.

Co-founder Saulius Tvarijonas previously helped build CUJO AI. GREÏ's solution offers a distinct approach compared to traditional security systems like Verkada or broader enterprise AI platforms such as C3.ai. The company now prepares to raise a Seed round for international growth and deeper product innovation. They seek Seed-stage investors with expertise in enterprise SaaS or AI infrastructure. Strategic partnerships are also being built to accelerate cross-border expansion.