Tesonet today announced new AI investments in six innovative companies, including the Swedish unicorn, Lovable. These moves fortify Tesonet’s long-term promise to AI innovation. In addition to Lovable, Tesonet invested in Vibe, a platform that uses AI to personalize TV advertising in real time. They also backed Lizzy AI, which automates hiring by enhancing recruitment processes efficiently
Ace Waves, currently creating a customer service platform that uses AI, is already being tested within Tesonet’s own network. Tesonet has also invested in Wonderful.ai, which helps teams create visual content more quickly through generative AI tools, and has put money into a stealth mode security company that has developed the ability to detect and mitigate threats through AI. These investments in AI showcase Tesonet’s strategy to build i ts know-how in the AI ecosystem.
Eglė Eidimtaitė, Tesonet’s Head of Investments, stated, “Access to this level of capital structure shows that Lithuania’s tech ecosystem is gaining global recognition, not just as a source of talent, but as an investor that can spot early potential. When selecting investments, our experts placed particular emphasis on technology. Our ecosystem covers a wide spectrum, so we focused on how each company’s products meet existing market needs.” In parallel, Tesonet continues to build on its Generation AI program, which gives free access to AI tools such as Nexos.ai to Lithuanian students. This program nurtures talent and innovation bottom-up.
Established in 2008, Tesonet has established a technology ecosystem that includes a range of service verticals, including cybersecurity, web intelligence, and adtech AI solutions. The portfolio includes brand names such as Nexos, Nord Security, Surfshark, and Oxylabs. Tesonet is strengthening its position as a leader in AI and cybersecurity innovation. These AI investment efforts and their support for generative AI are driving that leadership forward.
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News Source: Globenewswire.com
