What does it really take to fund the future?

In this episode of Perception Paradox, Zivile talks with Andrius Milinavicius and Erik Bhullar from BSV Ventures, just after their latest Portfolio Day. Together, they explore the realities of investing in deep tech, where science meets grit — and founders walk the line between vision and burnout.

🧠 You’ll hear:

• ​Why BSV backs missionaries, not mercenaries
• ​The risks and rewards of building with a scientific edge
• ​AI’s role in innovation — and its ethical blind spots
• ​What most people get wrong about startup life
• ​Why curiosity, rest, and improvisation are underrated founder tools

It’s a raw, insightful conversation for anyone building something bold — or backing those who do.

BSV invest in early-stage R&D-focused individuals and teams solving complex technical challenges with large potential for commercial application.

🎙️Hosted by Zivile Einikyte:

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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: 

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🎵 Music by Luca Nioi: 

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Chapters

00:00 Introduction and Context of the Conversation

03:56 Portfolio Day Insights and Company Synergies

07:04 Investment Strategy and Filtering Applications

09:57 Deep Tech and Its Future

13:13 The Importance of Founders and Work-Life Balance

16:07 Navigating Uncertainty in Startups

19:07 The Role of AI and Ethical Considerations

21:59 Final Thoughts and Reflections on Summer