Akvilė Bosaitė

Asset & Project Financing

Capital Markets

Compliance

Corporate Governance

ESG

EU Law

Financial Services Regulatory

Fintech

Funds

Internal Investigations

Joint Ventures & Commercial Cooperation

Private M&A

Set-up of Legal Entities

Sustainable Finance

Venture Capital

Akvilė Bosaitė is a Partner co-heading the Banking & Finance Practice Group and leading the Emerging Companies & Venture Capital (ECVC) team at COBALT Lithuania. She has extensive experience in Banking & Finance and Emerging Companies & Venture Capital. Akvilė is recognised as a Market Leader by IFLR1000, ranked among Leading Individuals by The Legal 500, and positioned in Band 2 by Chambers Europe.

Financial Regulatory

Akvilė advises on financial services regulation, licensing, and compliance matters. She assists market participants in obtaining and maintaining licences, including those for crypto-asset service providers under the Markets in Crypto-Assets Regulation (MiCAR), electronic money institutions, payment service providers, consumer credit providers, and other regulated entities.

Her expertise also covers alternative investment fund manager (AIFM) licensing, fund formation under the Alternative Investment Fund Managers Directive (AIFMD), fund structuring, prospectus preparation, and regulatory approval processes. Akvilė also advises fintech companies on regulatory strategy and product development.

Financing Transactions

Akvilė advises on domestic and cross-border financing transactions, including project finance, asset-based lending, structured credit facilities, loan portfolio transactions, and sustainable and infrastructure financing projects. She also advises on mergers and acquisitions involving regulated financial institutions and has extensive experience in aviation law, aviation finance, and aircraft leasing.

Venture Capital & Emerging Companies

Akvilė leads the Emerging Companies & Venture Capital (ECVC) team, advising investors, growth-stage companies, and founders through all stages of equity financing, from seed and early-stage funding rounds to Series C and beyond, as well as on fund formations and portfolio company exits.

As one of the pioneers of venture capital and growth equity legal practice in Lithuania, Akvilė has advised on more than 200 investment rounds and exits. She guides venture capital and growth equity funds through the full investment lifecycle, from fund structuring and capital raising to portfolio investments and successful exits, and actively contributes to the development of Lithuania’s startup and venture capital ecosystem.

Member of the Lithuanian Bar Association (since 2009)

How can you spot solicitations to invest in unsafe schemes or products? (2026 - 02 - 24)

Lithuania: Is the EU’s New Crowdfunding Regulation an Opportunity for Lithuania? (2021 - 02 - 03)

COVID-19 in the Baltics: FAQ on Banking & Finance law issues due to COVID-19 outbreak (2020 - 03 - 17)

Civil Law. General part (2009 - 04 - 08)

European Corporate Law (2006 - 04 - 11)

Banking and Finance – Women Leaders, IFLR1000 2026

M&A – Women Leaders, IFLR1000 2026

M&A – Market Leader, IFLR1000 2026

Banking and Finance – Market Leader, IFLR1000 2026

Banking, Finance and Capital Markets – Leading Partners, The Legal 500 2026

Fintech legal – Band 2, Chambers Fintech 2026

Banking and finance – Band 2, Chambers Europe 2026

Banking and Finance – Women Leaders, IFLR1000 2025

M&A – Women Leaders, IFLR1000 2025

M&A – Market Leader, IFLR1000 2025

Banking and Finance – Market Leader, IFLR1000 2025

Banking and finance – Band 2, Chambers Europe 2025

Banking, Finance and Capital Markets – Leading Partners, The Legal 500 2025

Banking and finance – Band 2, Chambers Europe 2023

Fintech legal – Band 2, Chambers Fintech 2022

Banking and finance – Leading Individuals, The Legal 500 2022

Practica Capital has co-led the EUR 2 million seed round of kopa.ai

2026 - 05 - 28

Practica Capital led EUR 2 million pre-seed funding round in Outcraft

2026 - 04 - 16

Early-Stage Investor FIRSTPICK Launches EUR 25 Million Fund

2026 - 03 - 10

Raft Capital Baltic Equity Fund invested EUR 7 million in Paupio namai

2026 - 02 - 24

Rizon successfully raised USD 2 million in a pre-seed round

2026 - 02 - 23

Decentralized (CoinGate) has obtained a crypto asset service provider license

2025 - 12 - 17

COBALT assisted a client in recovering EUR 330,000 in an international cyber fraud criminal case

2025 - 09 - 25

Practica Capital invests in Latvian fintech authentication solutions provider Handwave

2025 - 08 - 04

Practica Capital backs Lithuanian AI startup in record USD 17 million seed round

2025 - 06 - 10

Multitude Bank partners with HeavyFinance to invest EUR 14 million in sustainable agricultural loans

2024 - 12 - 19

A Lithuanian medical technology start-up Ligence has secured a EUR 3 million investment

2024 - 11 - 25

Ovoko attracts EUR 20 million investment

2024 - 10 - 01

Practica Venture Capital KŪB successfully exited its investment in MedDream

2024 - 09 - 20

Aquila Clean Energy secures EUR 125 million green Loan for development of Windfarm Akmenė Two

2024 - 08 - 19

Practica Capital and Market One Capital have invested EUR 2 million in Eany.io

2024 - 08 - 14

Raft Capital Baltic Equity Fund raises EUR 50 million in investments

2024 - 06 - 19

Practica Capital finishes a EUR 1 million pre-seed funding round into CTO2B

2024 - 04 - 29

Business angels and Firstpick invests €1M in Softloans

2024 - 04 - 23

Viola Credit provides €100m debt facility to B2B BNPL fintech Hokodo

2024 - 04 - 19

Practica Capital and Impellent Ventures invest in the startup Evergrowth

2024 - 04 - 15

Practica Capital announced the final closing of its largest fund to date at an €80 million hard cap

2024 - 02 - 05

Practica Capital and EIC fund start a partnership with Sentante

2023 - 12 - 21

Venture capital firm Highland Europe invested in PVcase

2023 - 07 - 18

Practica Capital has invested in Amlyze: a modern innovation in money laundering prevention

2023 - 05 - 22

COBALT advised Practica Capital on the realisation of their investment in UAB Upa MCT

2022 - 07 - 18

COBALT advised kevin. on attraction of $65m investment

2022 - 05 - 04

COBALT advised TT Express UAB on its acquisition of an Electronic Money Institution licence in Lithuania

2022 - 01 - 03

COBALT advised Practica Capital on its investment in a Swedish start-up Favro

2021 - 12 - 16

COBALT assisted Aviva in the successful closing of the sale of Aviva Poland and Lithuania to Allianz

2021 - 12 - 02

COBALT supports start-ups and contributes to a free legal document platform

2021 - 11 - 30

COBALT advised kevin. on attraction of $10m investment

2021 - 10 - 25

COBALT advised Practica Capital on investing in a Lithuanian start-up Billo

2021 - 10 - 14

COBALT advised Practica Capital on investing in a European pharmaceutical marketplace Pipelinepharma

2021 - 10 - 07

COBALT advised Practica Capital on investing in a Lithuanian SolarTech PVcase

2021 - 10 - 05

COBALT advised Netrisk Group on acquiring an insurance services aggregator Edrauda

2021 - 09 - 02

COBALT advised Change Ventures on investing in a Lithuanian edtech Memby

2021 - 08 - 25

COBALT advised Noviti finance on attracting EUR 700 000 investment

2021 - 06 - 18

COBALT is advising Interactio on attracting the largest Series A round investment in Lithuania

2021 - 05 - 25

COBALT advised Aviva on the sale of its shareholding in Aviva Poland and Lithuania to Allianz

2021 - 03 - 29

COBALT advised a US-based “buy now, pay later” unicorn Sezzle on acquiring an EMI licence in Lithuania

2021 - 03 - 10

COBALT advised Genesis on its strategic alliance with Heston Aviation to create Heston Airlines

2021 - 03 - 03

COBALT advised Practica Capital on investing in a start-up Eneba

2020 - 12 - 22

COBALT advised Practica Capital on investing in a start-up RRR.lt

2020 - 12 - 14

COBALT advised CoInvest Capital on investing in a teachers learning start-up Teachers Lead Tech

2020 - 12 - 09

COBALT advised on the sale of UAB TVC Solutions shares to the Broadcast Solutions Group

2020 - 10 - 27

COBALT advised Practica Capital on completing the €28.5M fundraising

2020 - 10 - 15

COBALT advised ValorPay UAB on obtaining a payment institution licence

2019 - 02 - 18

COBALT advised KEVIN EU, UAB in obtaining a licence of a payment institution

2018 - 06 - 29

COBALT advised Morgan Stanley in connection with the financing of the acquisition and takeover bid of Olympic Entertainment Group shares

2018 - 05 - 31

COBALT advised Wallter, UAB in obtaining a licence of an electronic money institution

2018 - 05 - 10

COBALT advised Practica funds on the sale of their shareholding in UAB NanoAvionika to AST&Science

2018 - 03 - 15

COBALT is advising Agrosfera UAB on the sale of a shareholding in UAB ICOR

2018 - 01 - 15

COBALT advised UAB GlobalNetint in obtaining a licence of an electronic money institution

2017 - 12 - 19

COBALT advises managers of the Baltic entities of pharmaceutical wholesale company Oriola in management buy-out

2017 - 10 - 20

Legal Team Lead in the Lithuanian Venture Capital Association

Erasmus University Rotterdam, the Netherlands, Postgraduate LLM in Business, Corporate and Maritime Law (specialisation Corporate Law)

2008

PhD studies at the Faculty of Law, Vilnius University

2004

Faculty of Law, Vilnius University, Master’s degree in Law

2004

European and Comparative Law studies at University of Gent, Belgium

2003