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Home COUNTRY SCANDINAVIA&BALTICS

Lithuanian AI startup GREÏ moves toward market launch with new pre-seed funding

Arctic Startupby Arctic Startup
August 11, 2025
Reading Time: 5 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Kaunas-based startup GREÏ has raised €650,000 in a pre-seed funding round led by Baltic venture capital firm FIRSTPICK. The company develops an AI-driven platform that integrates with existing cameras and sensors at large physical sites—such as warehouses and factories—to provide real-time monitoring of operations, identify risks, and highlight inefficiencies. The new funding will support further product development, expansion of the team, and initial market rollout across Europe. GREÏ aims to address challenges companies face in managing vast amounts of operational data, which can lead to costly downtime and safety issues. The startup plans to connect hundreds of cameras by 2026 and is preparing for a Seed round to support broader growth and product innovation.

GREÏ is a technology company specializing in AI-powered operational intelligence for businesses with large physical sites. Their platform integrates data from existing cameras and sensors to provide real-time monitoring, risk detection, and operational insights across industries such as manufacturing, logistics, retail, public institutions, and more.

“Even with all the right hardware in place, companies often struggle to get a clear picture of their facility’s operational health. Our platform combines these systems into one view and uses AI to highlight risks, delays, and failures as they happen. This helps teams respond quickly and reduce errors as well as make changes for better effectiveness,” said Giedrė Rajuncė, CEO and Co-founder of GREÏ to EU-Startups. “This round gave us the push we needed to move from building to executing. Companies are under pressure to do more with fewer people, less time, and tighter budgets. We’re no longer just testing ideas, but seeing how they work in real situations and can make a real difference. Operational effectiveness and AI isn’t just about saving money anymore; it’s about making everyday operations safer, more predictable, and easier to manage.”

GREÏ’s modular AI agents address challenges including security, workplace safety, process efficiency, fire safety, vandalism protection, and environmental hazards. The system features a unified control panel that consolidates multi-modal inputs and delivers actionable alerts, enabling faster and more informed decision-making. Designed for ease of integration and flexible deployment, GREÏ aims to improve safety, efficiency, and operational control in complex physical environments.

“We backed GREÏ because they’re solving a critical, overlooked gap in operational effectiveness and intelligence. The team combines deep industry expertise with real execution power. We’re excited to see them set a new standard for AI-enabled physical infrastructure across Europe,” said Marijus Andrijauskas, Partner at FIRSTPICK.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/grei-raises-e650k/

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