An investment company that helps you grow
Building Value,
Not Just Investing
UNLIM is a growth capital firm dedicated to partnering with revenue generating manufacturing companies in their early growth phases—those with operating production lines but not yet ready or eligible to engage institutional VC funding.
About us
Growth Capital for Manufacturing Scale up
UNLIM was founded by the two co-founders of Bagfactory—entrepreneurs with deep operational experience in manufacturing. Recognizing the challenges that early-stage manufacturing businesses face in accessing institutional VC funding, they created UNLIM to bridge this gap and leverage their knowledge.
Our mission
We provide structured growth capital in exchange for equity—empowering founders and management teams to scale their businesses.
- We provide knowledge and growth capital in exchange for shares in the company. We help business founders and management teams grow their businesses.
- Support operational excellence and efficient scaling via hands-on project guidance, network access, and industry know how.
- Serve as a strategic partner, enabling companies to expand production capacity, enter new markets, or diversify product lines.
Vision & Purpose
To empower manufacturing companies with bold ideas and real potential.
UNLIM was established by industrial practitioners for industrial growth. When Gvidas and Marius recognized that many early manufacturers in Lithuania lacked access to institutional VC funding, they created UNLIM—to provide up to €10 million in growth capital, operational mentorship, and strategic networks. Their goal: to help early-stage manufacturing companies scale production, access new markets, and adopt sustainable practices.
Team
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Gvidas Krolis
Experience
Role & Background Gvidas is the Co-Founder and former CEO of Bagfactory UAB—now recognized as Europe’s leading sustainable bag manufacturer. He led the company’s journey from a small garage near Lentvaris to a modern production facility in Vilnius, growing it into a business with 120 employees and exports spanning 42 countries.
Strategic sales and market expansion
As the driving force behind all export sales, Gvidas built and managed relationships with some of the largest grocery and non-food retail chains in Europe and beyond. He personally negotiated and established long-term supply contracts that positioned Bagfactory as a trusted partner for leading supermarket groups and global brands.
Operational Leadership
Under Gvidas’s leadership, Bagafactory scaled from 36 million units in 2021 to over 50 million multi-use bags manufactured in 2022. The firm serves a network of 42+ countries and major brands, positioning itself as a sustainability-driven industrial player.
Recognition & quality standards
In 2024, Bagfactory received the prestigious AA In 2024, Bagafactory achieved the prestigious AA rating under the BRCGS Global Food Safety Standard, affirming its high standards in quality, traceability, and sustainability
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Marius Rumbinas
Experience
As the founding Chairman and Board member of Bagfactory UAB, Marius has been directly responsible for strategic expansion and manufacturing development at Bagfactory UAB. From the company’s earliest days, he personally oversaw the construction, installation, and modernization of production lines—shaping how reusable bags are designed and manufactured at scale.
Engineering and process innovation
Marius spearheaded the design and implementation of ultrasonic bonding equipment—key to enabling eco-friendly, high-volume manufacturing. His approach balances engineering rigor with scalability, essential in early-stage industrial ventures.
Innovation and sustainability expertise
He has championed closed-loop processes—designing bags from single-material recyclable polymers and integrating recovery cycles—which not only reduce waste but also strengthen supply chain control and sustainability.
A vision for circular manufacturing
Marius consistently develops closed-loop processes - designing bags from single recycled polymers and integrating the recycling cycles of raw materials. These solutions not only reduce waste, but also strengthen supply chain control and sustainability.
Why Our Experience Matters?
Real-World Scaling Practice
Built a production driven industrial business from a small garage
Innovation in Manufacturing
Engineered sustainable, patentable production solutions at scale
Operational Mastery
Hands-on expertise in supply chain, certification, and export logistics
Sustainability Leadership
Deep commitment to circular economy models and material reuse
Together, Gvidas and Marius bring operational credibility, manufacturing acumen, and proven innovation to UNLIM.
Their lived experience at Bagafactory means UNLIM is built on real-world industrial insight— not just capital.
Investments
At Unlim, our investment philosophy centers on supporting early-growth manufacturing companies—those with functional production operations but limited access to traditional VC or institutional funding.
Who should apply
We invest in founder-owned or family manufacturing businesses that have passed the initial startup phase—typically generating revenue and approaching profitability within 12–18 months, but not yet primed for Series A/B rounds. These companies often require capital for scaling rather than basic proof-of-concept development.
Direction of investment
Our investments are structured as growth equity—minority or structured equity stakes—designed to finance expansions into new facilities, upgrades in production capacity, product line innovation, or entry into new markets
The value we create
Beyond capital, we partner with management teams to enhance operational excellence—streamlining processes, refining supply chains, improving quality systems, and building scalable responsibilities. Our team offers strategic guidance rooted in real-world manufacturing experience.
Why growth capital?
01
Bridging Venture Capital & Private Equity
Growth capital sits between venture capital and private equity, targeting companies that have already proven traction but are not yet ready for leveraged buyouts or IPOs.
02
Founder-friendly model
We become shareholders in the company. We actively cooperate with the founders of the business. This structure allows the founders and management teams to remain responsible for day-to-day operations, while we contribute to strategic decisions, management and growth initiatives. This collaboration combines the founders' drive with our experience to accelerate growth.
03
Funding for growth
Investing for growth means investing in shares rather than borrowed money. It gives companies more freedom to expand, innovate and lead the market.
04
Alignment with Ambition
This model aligns investor returns with entrepreneurial growth ambitions, making it a strategic tool for founders looking to accelerate performance while safeguarding long-term vision.
What Makes UNLIM Unique?
Industry-rooted leadership
Our founders bring decades of direct manufacturing and industrial growth experience, enabling us to understand operational challenges first-hand and deliver practical, results-driven solutions.
Active Partnership Model
We play an active role in governance and strategy—ensuring alignment between entrepreneurs’ ambitions and disciplined execution. This balance combines founder vision with institutional expertise.
Sustainable growth focus
We help businesses scale responsibly, strengthening ESG credentials, operational resilience, and long-term market leadership.
UNLIM is a growth capital firm intent on driving industrial value creation—providing both capital and operational insight to emerging manufacturing companies. With strategic equity and hands-on support, we help founders scale with confidence.
Insights
Trusted by early manufacturing leaders and growth oriented entrepreneurs.
Growth Stage Manufacturing Insights by UNLIM
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Portfolio
What We Back
While UAB Unlim is newly positioned as a growth equity firm, our key operating business remains Bagfactory UAB — a successful sustainable manufacturing venture created, scaled, and led by our founders. Bagfactory now demonstrates how growth capital and operational guidance can transform early-stage industrial opportunities into export-driven enterprises.
UAB Unlim is expanding its portfolio and seeking dynamic, early-growth manufacturing companies to partner with.
What we are looking for
Operational ventures
Businesses with real production lines and early revenue—proof that your pathway to scale is working.
Growth potential
Manufacturing firms needing capital to bring new product lines online, expand capacity, invest in equipment, or enter export markets.
Founder-aligned partners
Teams open to strategic collaboration, lean on operational insight, and keen to retain leadership.
