2026 edition · participants

Ocean11 2026

What matters in a post-AI world.

A weekend of riding and discussion: what matters after AI, and how we weigh the duration of our investments against the pace of AI progress. Everything you need is here. The programme, the table, the logistics, the questions, and the letter that started it.

01 · Programme

Vilnius, then the coast

Three days. Culture and ideas in Vilnius on Friday, then the coast: an 80 km ride from Palanga to Nida, dinner across the lagoon, and the Great Dune on Sunday.

Fri · 26 Jun · Vilnius
08:30-09:30
Breakfast at Hotel Pacai, at your own pace.
09:30
Depart Pacai for Sapiega Park. SHARP
10:00-11:45
Sapiega Palace and Tech Park. A restored Baroque palace, now a contemporary art space, beside Tech Zity's hub.
11:45
Commute to Tech Zity.
12:00-13:00
Lillium, Tech Zity. The Ovoko office with Saulius and Justinas, and Basedspace with Jonas Bartasius.
13:00-14:00
Lunch at Stebuklai, over Cathedral Square. Held to 15:00. Late? Call +370 694 98978.
14:00-14:30
Vilnius University. The Rector, Prof. Rimvydas Petrauskas, and the Endowment team.
14:30-15:30
Guided walk through the University: courtyards, the Library, the St. Johns' bell tower.
15:45-16:45
Varnelis Museum. Kazys Varnelis's op-art house-museum in the Old Town.
16:55-17:40
MO Museum. Modern Lithuanian art, in the Libeskind building.
18:00-19:00
Rupert. A centre for emerging artists and alternative education.
19:00-21:00
Dinner at Rupert. Selected artists and a honey sommelier, plus a preview of Origins, presented by Kestas Pikunas with photographer Tadas Kazakevicius.
21:00-22:00
Wind down. A drink, or back to rest before the ride.
SAT 06:00
Wake-up for the ride. SHARP Lights out by midnight. Full tank for 80 km. Everyone rides, no excuses.
Sat · 27 Jun · Palanga to Nida
Transfer
Transfer to Palanga. Riding starts 11:00.
80 km
Guided ride Palanga to Nida, with stops at Juodkrante, Pervalka, Preila and Nida.
Free time
Thomas Mann Museum and the Nida Art Colony, if time allows.
17:00
Depart Nida by boat across the lagoon to Sturmu Svyturys at Ventes Ragas. Dinner, then ashore by ~21:30, before sunset.
Stay
Nida SPA, by the lighthouse. Check-in 16:00.
Sun · 28 Jun · The Dune, then home
Morning
Run on the Great Dune, then a long breakfast with discussion.
13:00
Leave Nida for Palanga.
Palanga
Amber Museum and walks in Birute Park, flight time permitting.
Evening
Departures from Palanga Airport.
02 · People

Who is riding

Seventeen around the table, founders, investors and operators, plus the host. Each card: a sector, and the superpower they claim.

Founder and Managing Partner. Early-stage climate-tech VC. Convening the weekend.
Climate VCEnergy-as-asset
Founder of Girteka, one of Europe's largest asset-based logistics groups. Runs the Willgrow family office.
Family OfficeAsset-based scale
Partner at Armada, Daniel Aegerter's Zurich family office across VC, public equity and real estate.
Family OfficePublic + private
Managing Director at UBS Global Wealth Management, heading Europe International North. Co-founded the Portelet family office; earlier at Credit Suisse.
Private WealthUHNW capital
DS
Daniel Simulevic
Private investor
Multi-asset private investor.
Private InvestorMulti-asset
Managing Director at Clearlake Capital Group, raising capital across private equity and credit.
Private EquityCapital formationFriday only
Founder and Managing Partner, 20+ years in cleantech. Former Senior Partner at Breakthrough Energy Ventures.
Climate VentureHard tech, FOAK
General Partner and Head of Europe at Energy Impact Partners, a utility-backed energy-transition investor. Earlier at Macquarie Green Investment Group.
Climate VentureGrid and AI power
Partner at Breakthrough Energy Ventures, backing deep decarbonisation across industry and energy. Mechanical engineer by training, earlier at Rolls-Royce.
Climate VentureIndustrial decarb
Recently took over Mangrove Capital Partners, the European and Israeli early-stage VC and first backer of Skype and Wix. Seed-stage investor; Kauffman Fellow.
Tech VCSeed to unicorn
Partner at Pareto Holdings in Paris, the prolific early-stage firm behind Misfits Market, Atom Finance and Goody.
Angel / SeedAngel at scale
Co-founder of 2100 Ventures, an early-stage European B2B fund backed by the Benetton family. Earlier an M&A lawyer at Skadden and climate investor at Equation Capital.
Early-stage VCEurope B2B
Founder of AIN Ventures, backing dual-use and defence startups. Former Naval Intelligence officer and healthcare M&A banker.
Defence / Dual-useDual-use tech
Founder of Inceptional Partners. Earlier co-founded Modern Meadow, a biofabricated-materials pioneer, and Organovo.
Deep TechBiofabrication
CEO and Chairman of ILTE, Lithuania's national development institution (ex-INVEGA, ~EUR 1.4B portfolio). Ex-Swedbank.
Development FinanceBlended finance
Founder of Tech Zity, the largest startup campus in Europe, in Vilnius. Earlier co-founded StartupHighway.
Startup CampusEcosystem building
Co-founder of Ember, the UK's first all-electric intercity bus network: its own fleet, charging and the EmberOS platform. Earlier in fintech at iwoca.
TransportChina
Co-founder of Ovoko, the Vilnius marketplace digitising the used car-parts trade across 25 European countries. EUR 20M Series B led by Smash Capital.
MarketplacesCircular economy
03 · Logistics

The rest, handled

Rokas books the hotels and arranges the transfers. You book your flights, bring the kit, and bring a good mood.

Getting there

Vilnius to Palanga is 300 km. Fly in 45 to 60 minutes, or drive 3.5 to 4 hours. We start riding by 11:00 to make the boat, so driving means leaving Vilnius at 06:00 (sleep on the minibus) and flying means wheels up around 09:00. Rokas confirms the private-hire timing once pricing is in.

Where you stay

Fri
Hotel Pacai, Vilnius Old Town.
Sat
Nida SPA, by the lighthouse. In 16:00, out Sun 12:00.
Sun
Palanga Life Balance SPA, by Birute Park.
Reservations are under your name; you settle your own room at check-out. Invoice on request.

Transfers

Send Rokas your flights and he arranges airport transport both ways. A trailer moves the bikes from Nida back to Palanga, and cars bring you back from Nida after the ride.

Family welcome

Time away from family should not be a trade. Rokas's wife and little one are in Palanga from Friday to Sunday. Bring yours if you like; they can spend the weekend in Palanga, where you fly out from on Sunday. DM Rokas and he will sort it.

What to bring

  • Comfortable clothing for dinners and activities. Casual, hiking style.
  • Business casual for Friday. We meet a university rector, so no sneakers there. No formal shirt needed.
  • Swim trunks. The Baltic Sea, and every hotel has a good spa.
  • A windbreaker or light rain shell for the ride. Not clipless? Sneakers or hiking shoes are fine.
  • Running shoes for the morning run. The sunrise is worth it.
  • Health insurance valid in Lithuania, in case of a spill on the bike.
  • Ideally no phone, no calls. We want you present.

House rules

  • A good mood. Open-mindedness, kindness, no ego, a smile.
  • Show up on time. Respect each other's time. Whoever is late buys the drinks.
  • One or two contrarian takes. The Thiel question: what do you deeply believe that others strongly disagree with, and why?
  • Leave the noise at home. Everything else is handled.
04 · Topics

Things worth arguing about

No agenda, no panels. One question over Friday dinner, everyone; the fifteen below are breakout groups for the road, Palanga to Nida. You are in three, drawn so you never share a group twice. Each group has a captain, the highlighted name, who convenes it and keeps the argument honest. Debriefs roll through the weekend, then once more, all together, on Sunday. Rate the ones you care about and follow the ones you want in.

Friday dinner · the opening question
01 · What For?
Strip the returns. What are we actually building toward?
Group · Rokas opens, everyone in
Follow
02
Duration vs Speed
Ten-year capital, four-day AI doublings. How do you price duration now?
Group · Hampus, Dainius V., Rokas
Follow
03
Artificial Insanity
The next AI wave is bigger. What do we owe the people we build for?
Group · Yannick, Dainius V., Darius Z.
Follow
04
The Last Moat
If execution is free, what is a person actually for?
Group · Andras F., Mindaugas, Saulius, Rokas
Follow
05
Raising Minds
From front-loaded school to a lifelong learning OS, who builds the trusted one?
Group · Darius Z., Daniel S., Saulius, Andrea C.
Follow
06
Heresies
Each of us: one contrarian AI take, defended.
Group · Daniel S., Sandor, Yannick
Follow
07
Freedom Energy
After Hormuz, is energy security the real driver, not climate?
Group · Stefan, Darius Z., Andras F., Bunmi
Follow
08
After the Shock
Does an oil spike that fades speed the transition or stall it?
Group · Keith, Stefan, Sandor
Follow
09
Nuclear, Honestly
Strip the ideology. Does the math work, and who builds it?
Group · Bunmi, Jules, Hampus
Follow
10
Scar Tissue
Is Europe's hard history a moat, or a comforting story?
Group · Andrea C., Ashwin, Sherman, Yannick
Follow
11
Europe Alone
If America steps back and Ukraine grinds on, can Europe defend and fund itself?
Group · Sherman, Rokas, Keith
Follow
12
Below Replacement
Europe below replacement, Lithuania near the bottom: what does shrinking mean for ten years?
Group · Ashwin, Hampus, Keith
Follow
13
Skip Brussels
Build-first or regulate-first for European founders?
Group · Dainius V., Stefan, Andrea C., Mindaugas
Follow
14
Patient Capital
In a fast world, is patience an edge or a liability?
Group · Mindaugas & Sandor, Ashwin, Jules
Follow
15
China Won Manufacturing
Are we funding catch-up, or graceful decline?
Group · Saulius, Bunmi, Sherman
Follow
16
One Prediction
Pick a fault line. One falsifiable call, with a date.
Group · Jules, Andras F., Daniel S.
Follow
05 · A note from the host

Why?

It started on a long walk in St. Moritz with Hampus, at Winterfest Europe. Hampus is the reason this trip is happening at all, so thank him when you see him.

For those who know me well: I like to convene people. The best learning happens when we debate, disagree, and challenge each other. And over the past few years I have come to believe the best conversations happen outside, in nature, not in closed boardrooms. It is the balance of philosophy and a sharp mind, the first-principles thinking that being outdoors unleashes. A walk, a run, a ride: that is what triggers the deep bond, the real conversation, the moment an idea becomes obvious or the missing piece of the puzzle appears in front of you.

Life is about exploring. About the journey. But most of all it is about the group you take that journey with, and how you show up, not only for others, but for your older self. Because that is the only thing that truly matters. You will only remember the moments that made you stop, turn around, or sprint. Not the ones you walked past without noticing the surroundings had already changed.

Ocean11 has two meanings. Like the movie, it is about gathering an A team.

First · Eleven

In the film there were eleven people. It aired in 2001, the year we crossed into the 21st century. And here in 2026, a quarter of that century has slipped past in plain sight. We are speeding into the future, already closer to what we thought would wait for us in the next one. The world has no shortage of problems, but the opportunities look far bigger. Oh boy, what a time to be alive.

The prize keeps getting bigger.

A word on the group. The whole idea of Ocean11 is the team. Each person brings something the others do not have, and the group compounds it: a win made of many wins. Different views, different upbringings. That is what builds character, perspective, resilience, and real respect for an opposing opinion even when you disagree with it. Think of the great company diasporas: PayPal, then Palantir, Google, Meta, Anduril. Each seeded a network, but the origin is always the same: very smart people gathered around one cause. Our cause this weekend is the quality of the conversation.

I count each of you in that company. High on openness and directness, no patience for BS, high urgency, high agency. Driven, ambitious, and always giving back to the people around you. And each of you reads the world differently, which is exactly what makes Ocean11 the right name, like the movie itself.

We are not here to make friends. We are here for the love of a good discussion. But I will bet you my house: you will make friends anyway. :)

Second · The Ocean

I love water and forests. They bring peace and joy, and frankly, peace is what we need more of right now, not less. So water is not a nice-to-have here. It is a hard condition.

And eleven carries one last meaning. The boat to Saturday dinner seats exactly eleven, and it is the largest one we can hire here. That is the real bottleneck. Note to self: next year, find a place with bigger boats. :)

Before you fly

Time away from family should never be a trade. My wife and our little one will be in Palanga from Friday to Sunday. You are welcome to bring yours; they can spend the weekend in Palanga, the seaside resort you fly out from on Sunday. If you would like that, DM me and I will sort the details.

I will see you all in a few weeks. If your flights are not booked yet, please close them out. And if anything has changed, tell me as soon as you can: I have a long list of people who would take an open seat, and the boat slots have to be full.

The survey is in, so I am locking the final logistics now. We are near the finish line.

See you on the water.

Rokas
Host · Ocean11
Ocean11 2026
Private · participants only