Exit Announcement

We’re pleased to share that Business Angels Fund has successfully exited City Storages, two of our portfolio companies.

This milestone underscores our commitment to backing high-potential ventures and delivering strong returns for our investors.
A special thanks to Mindaugas Butnorius and his founding team for developing a scalable, tech-driven storage management solution that meets the evolving needs of private consumers. Their strategic execution and market positioning have been key drivers of success.
We also extend our deep gratitude to our partner, Nerijus Baliūnas, for his invaluable role in executing this deal. His expertise and dedication were instrumental in ensuring a smooth and successful transaction.
We remain focused on identifying and supporting disruptive startups with strong growth potential and look forward to new investment opportunities.
Wishing the City Storages team a seamless expansion into new markets.