Open Circle Capital

Our Investment Focus We are interested in technology companies in the fields of ICT, robotics and high-tech. We favor teams of professionals comprised or led by serial entrepreneurs with past growth, fundraising and/or exiting experience. We are looking for product building companies that would be high-potential, fast-growth, and ready to conquer foreign markets. Best time to talk us is just after first revenues in the company. Our investment approach 1. It all starts with a conversation where we learn about you and your ambition. 2. In the space of few meetings we are targeting to decide whether to look further. 3. We'll discuss particular terms, ask for more information, and analyse further. 4. The legal part - we know everyone loves it, and, finally, we join your venture.

Jens Kristian Damsgaard

Partner

Audrius Milukas

Founder and CEO

Past deals in Cental and Eastern Europe

Perfection42

Seed Round in 2023
Perfection42 is an AI-based technology for game developers, 3d animators or video creators changing the way content is created by: - enabling the creation of Personalized Game Experiences for players by using quantifiable data - Saving Time by boosting development velocity. Create a level in 2 minutes rather than 2 days - Speeding up the iteration cycle: daily updates rather than monthly - changing the game developers focus from technical micro-level decisions to emotional High-Level Decisions

Monimoto

Equity Crowdfunding in 2021
Monimoto, UAB is a company based in Vilnius, Lithuania that specializes in developing and manufacturing battery-powered GPS devices designed to prevent motorcycle theft. Founded in 2016, the company's innovative tracker autonomously alerts users if their motorcycle is moved or stolen by calling their phone. It activates when the motorcycle is in motion and not in proximity to its key, sending notifications to the user about any suspicious activity. Monimoto's device is marketed as easy to install and use, catering to motorcycle owners who seek to enhance the security of their vehicles. The company sells its products directly through its website, making it accessible to a wide range of customers.

Billo

Seed Round in 2020
Billo.app UAB develops the marketing management platform. Its application offers content sharing and content creation for brands to connect with the fans. Billo.app UAB is based in Kaunas, Lithuania.

Perfection42

Pre Seed Round in 2020
Perfection42 is an AI-based technology for game developers, 3d animators or video creators changing the way content is created by: - enabling the creation of Personalized Game Experiences for players by using quantifiable data - Saving Time by boosting development velocity. Create a level in 2 minutes rather than 2 days - Speeding up the iteration cycle: daily updates rather than monthly - changing the game developers focus from technical micro-level decisions to emotional High-Level Decisions

Attention Insight

Seed Round in 2019
UAB Attention Insight develops an artificial intelligence (AI) based platform for consumer visual engagement monitoring. The company offers a software as a service (SaaS) platform, which enables users to analyze design and content through deep learning and eye movement tracking research data. The company was founded in 2019 and is headquartered in Vilnius, Lithuania. It has an additional office in Hamburg, Germany.

Pixevia

Non Equity Assistance in 2019
PIXEVIA - AI for retail. Our flagship product - fully autonomous stores, powered by AI, cameras, and sensors. You simply walk in, take what you want, and go.

sixads

Seed Round in 2019
Sixads, UAB is a company based in Vilnius, Lithuania, founded in 2018, that specializes in developing a marketing platform designed for small and medium e-commerce businesses. The platform facilitates an ad exchange system where online stores can swap product advertisements, thereby increasing traffic by displaying partner products. This service provides features such as category targeting, performance analytics, customizable appearances, and seamless integration, allowing web stores to enhance their customer attraction efforts and effectively promote their offerings.

Perfection42

Angel Round in 2018
Perfection42 is an AI-based technology for game developers, 3d animators or video creators changing the way content is created by: - enabling the creation of Personalized Game Experiences for players by using quantifiable data - Saving Time by boosting development velocity. Create a level in 2 minutes rather than 2 days - Speeding up the iteration cycle: daily updates rather than monthly - changing the game developers focus from technical micro-level decisions to emotional High-Level Decisions