Practica Capital
Practica Capital is a venture capital (VC) firm investing in Baltic startups and high-growth businesses, which target national markets or have an ambition to become regional, international or global players. We offer a full range of VC financing from pre-seed to late seed/start-up, co-investments in round A and investments in SME’s expansion.
Our team is a mix of investment, technology and entrepreneurial backgrounds. Founded in 2011 and run by investment professionals with previous pan-Baltic private equity and investment banking experience in BaltCap, Hanseatic Capital, Evli, SEB Enskilda, MP Investment Bank and entrepreneurs who exited their businesses. One of the founders and senior adviser Anatolijus Faktorovičius is a founder and former CEO of Viltechmeda, medical device producer sold to a NYSE-listed Moog Inc. (USA).
Practica Capital is an active hands-on and value-adding local VC partner to entrepreneurs, attracting a network of high-level professionals as advisers. We focus on intimately understanding and resolving the entrepreneur’s business issues, which maximizes the business potential and probability of a mutually profitable exit.
The firm manages €8M Practica Seed Capital and €16M Practica Venture Capital funds, both launched in mid-2012 under the JEREMIE initiative in Lithuania, which is administered by the European Investment Fund (EIF), the Ministry of Economy and the Ministry of Finance and financed from the EU Structural Funds under 2007-2013 Economic Growth Operational Programme of Lithuania. The seed fund is around 100% and the VC fund is 70% financed by the JEREMIE Holding Fund, managed by the EIF. The remaining amounts are invested by the team and other private sector investors. We also run business accelerator Startup.lt.
Past deals in Lithuania
PlaceILive.com
Seed Round in 2013
PlaceILive.com combines relevant, objective and systematic information about the quality of living environment and real estate.
Place I Live is a location based platform created to provide updates for those interested in neighborhoods. You can view information about safety, transportation, leisure and more on maps with street view and address lists. All the categories are rated and used to estimate Life Quality Index ratings which can give you a better insight about different neighbourhoods in cities. The map not only gives you a better background information of various locations, whether you are looking to rent, buy, or sell, but also helps you find interesting places to visit in a city that you might have missed.
Interactio
Seed Round in 2016
UAB Interactio develops mobile software for the interpretation hardware for live events. It allows attendees listen to the translation of an interpreter who is in the booth, which is connected to the sound system through their phones or tablets using the application. The company was founded in 2014 and is based in Klaipeda, Lithuania.
TransferGo Ltd.
Series B in 2019
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
Manodaktaras.lt
Seed Round in 2014
Manodaktaras.lt provides an online portal for patients to make doctors’ appointments or dentists’ appointments. It solves the problem of finding a doctor, dentist, or health care professional in users’ area and then setting an appointment with them.
Manodaktaras.lt was launched in 2013 by Robertas Sadovskis and is based in Vilnius, Lithuania.
Celi APS
Seed Round in 2012
Čeli computer-aided design system, which was established in 1999, provides enterprise software solutions (CAD / CAM / PDM) for the automated design and production processes. These solutions they are introducing, they integrate into the company's information systems to carry out the necessary programming work and training for staff to work. They seek one goal - to increase the efficiency of the client company.
Their company has the right to represent Lithuania Autodesk Inc. company in the field of mechanics and Lithuania has the right to sell the world particularly the increasingly popular Google previously, and now the Trimble company owned by three-dimensional modeling CAD system SketchUp Pro.
Startup.lt
Seed Round in 2012
Startup.lt provides real investments to founders, who run projects with high growth potential; Startup.lt works closely with the founders, helping to build a product, gain initial traction and grow company fast; Startup.lt network enables you to establish true strategic and financial partnerships;
Interactio
Series A in 2021
UAB Interactio develops mobile software for the interpretation hardware for live events. It allows attendees listen to the translation of an interpreter who is in the booth, which is connected to the sound system through their phones or tablets using the application. The company was founded in 2014 and is based in Klaipeda, Lithuania.
UAB Dragdis
Seed Round in 2013
Dragdis is here to make collecting things online easy and effortless by helping it’s users put their discoveries to the right place the second the they come across them. Essentially Dragdis offers a free web app that allows you to "drag & drop anything anywhere" or, more specifically, save online content by dragging it to either organized folders in the cloud or directly to Facebook, Twitter and soon to come such services as Google Drive, Tumblr or Evernote.
Eddy Travels Inc.
Pre Seed Round in 2019
Eddy Travels is your personal travel advisor powered by AI. Designed to simplify the trip planning experience, the digital assistant provides personalized suggestions for the best flights, hotels, car rentals, and other services. It targets millennial travelers in Canada and the US and is available on popular messaging apps like Facebook Messenger, Slack, Telegram, Viber, and Line. The team behind Eddy Travels built a cutting-edge natural language processing system and integrated offers from such leading travel companies as Skyscanner.
Try the latest version on Facebook Messenger: https://m.me/eddytravels
East West Agro
Venture Round in 2015
AB East West Agro engages in the wholesale and retail of agricultural machinery and equipment in Lithuania. It offers tractors, combine harvesters, implements, spare parts, grain storage equipment, and other products. The company also provides engineering and aftersales service. AB East West Agro was founded in 2006 and is headquartered in Kaunas, Lithuania.
TableAir
Seed Round in 2015
TableAir, doing business as TableAir UAB, manufactures and sells height adjustable tables. It offers TableAir, a table, which lets users to change their posture throughout the day. The company’s TableAir is used in entertainment venues and offices. It ships its products to customers in Switzerland, Norway, and the United States. The company also offers its products online. TableAir was founded in 2014 and is based in London, United Kingdom.
LaSpell
Seed Round in 2014
Marketplace of beauty services - free of charge & localised.
Focus on showcasing the beauty looks + beauty content created by the community itself that leads to personalized experience when selecting specific specialists & products.
Tokia.lt website was founded to help females to find answers and connect on topics related to makeup, nails art and hairstyle. These are the questions about products, beauty trends and tricks, which are raised all over the world by females on a daily basis.
Company specialties:
✓ Make-up, nail art & hair looks
✓ Beauty specialist database
✓ Beauty trends and tricks
✓ Beauty product reviews
Pipelinepharma
Pre Seed Round in 2019
Pipelinepharma is a global marketplace, networking and trading platform for pharmaceutical executives with free of charge product registration for in- and out-licensing, 31.000+ registered products: 19.400+ commercially available dossiers of finished formulations for out-license or distribution, 11.600+ API’s for sale, 400+ Marketing authorizations (MA’s); 1.400+ dossiers which clients are seeking for in-license. Marketplace available online for the computers, tablets and smart phones and do not require any special installations.
Pipelinepharma
Seed Round in 2021
Pipelinepharma is a global marketplace, networking and trading platform for pharmaceutical executives with free of charge product registration for in- and out-licensing, 31.000+ registered products: 19.400+ commercially available dossiers of finished formulations for out-license or distribution, 11.600+ API’s for sale, 400+ Marketing authorizations (MA’s); 1.400+ dossiers which clients are seeking for in-license. Marketplace available online for the computers, tablets and smart phones and do not require any special installations.
ZITICITY
Pre Seed Round in 2019
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour.
However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available.
ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average.
42 minutes! That is faster than Amazon Prime.
ZITICITY is becoming the new standard for urban same-day and faster deliveries.
Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies.
Follow us as we become your favourite delivery company!
Montonio Finance OÜ
Series A in 2022
Montonio is a PoS financing aggregator which utilises open banking to make credit more efficient and transparent. Its software makes it convenient to apply for hire purchase on the web and in the shop and enables businesses to reduce lost sales, save service time, and speed up the on-demand application process.
Montonio was founded late 2018 and is headquartered in Tallinn, Estonia.
RRR.lt
Seed Round in 2021
RRR.lt is a developer of an online platform for the sale of used car parts. RRR.lt offers a software package improved continuously to used car parts sellers. It allows them to manage their stock and sell pre-inspected car parts suitable for second-hand use
Edurio
Seed Round in 2020
Edurio is a start-up building web-based tools to improve our schools. Edurio aims to digitize quality management to allow deeper insights at a fraction of the effort. Edurio's first product is a tool for schools and universities to collect and analyze student feedback online in a way that minimizes student biases.
Fotona d.d.
Venture Round in 2014
Headquartered in Ljubljana, Slovenia, and founded in 1964, Fotona’s state-of-the-art research and development facilities serve to meet the needs of the fast-changing market and set new standards of excellence for medical and non-medical high-performance laser systems. Fotona's advanced laser technologies make treatments in areas such as aesthetics and dermatology, dentistry, surgery and gynecology faster, less invasive and more effective. Patented solutions in pulse technology, energy feedback control and optical solutions for producing an almost perfectly homogeneous beam profile are highly appreciated by doctors and patients alike. Fotona manufactures all of its laser systems in Ljubljana, and its products are available to dental and medical professionals through a worldwide network of distributors.
Widerfi
Seed Round in 2013
Widerfi international travelers can buy direct mobile data connectivity from local cellular network without changing their SIM card. Widerfi is the most cost efficient and customer friendly way to provide high-speed 3G/LTE unlimited data to roaming mobile device at a local rate.
NEW VALUE:
Widerfi enables those international travelers who currently switch off mobile data while abroad to have home-like data access experience, and shares the potential of previously foregone $12 billion income pool with partnering cellular operators. Moreover, Widerfi model opens new horizons for mobile access innovation, including sponsored and on-demand connectivity.
Sonarworks Ltd.
Series A in 2019
Sonarworks Ltd. develops and licenses software that calibrates sound on current headphones and speakers. It offers Reference 4 studio edition to work on headphones and speakers in studios; Reference 4 headphone edition for sound creation on headphones; True-fi for listeners; and headphones and mics. The company’s studio software is used by professional recording studios. Its software available online; and through dealers in Latvia and internationally. Sonarworks Ltd. was founded in 2012 and is based in Riga, Latvia.
Benjamin River Productions UAB
Seed Round in 2012
Benjamin River Productions is an audiovisual production and technology development company that is pioneering in production of high definition cinematic-quality video and audio content for fulldome theatres and immersive environments. Their investors include seed and venture capital management fund Practica
Capital through JEREMIE Initiative funded by EU Structural Funds as well as AMII/Audiovizualinių menų industrijos inkubatorius (Audiovisual Arts Industry Incubator) funded by European Structural Funds (ERDF).
Biomatter Designs
Seed Round in 2021
UAB Biomatter Designs develops technologies for generative protein design at the intersection of synthetic biology and AI. It builds protein libraries using ProteinGAN technology, a specialized variant of the generative adversarial network; designs and searches starting points for therapeutics and manufacturing; optimizes desired protein properties; and provides custom machine learning algorithms built ground up for protein science. The company was founded in 2018 and is based in Vilnius, Lithuania.
PlaceILive.com
Seed Round in 2015
PlaceILive.com combines relevant, objective and systematic information about the quality of living environment and real estate.
Place I Live is a location based platform created to provide updates for those interested in neighborhoods. You can view information about safety, transportation, leisure and more on maps with street view and address lists. All the categories are rated and used to estimate Life Quality Index ratings which can give you a better insight about different neighbourhoods in cities. The map not only gives you a better background information of various locations, whether you are looking to rent, buy, or sell, but also helps you find interesting places to visit in a city that you might have missed.
UAB AdDuplex
Seed Round in 2015
AdDuplex is a cross-promotion network for Windows Phone appsAdDuplex enables Windows Phone developers to promote their apps for free by helping each other. Developers display ads for other apps and get impressions for their ads in return.
Interactio
Seed Round in 2017
UAB Interactio develops mobile software for the interpretation hardware for live events. It allows attendees listen to the translation of an interpreter who is in the booth, which is connected to the sound system through their phones or tablets using the application. The company was founded in 2014 and is based in Klaipeda, Lithuania.
Eddy Travels Inc.
Pre Seed Round in 2020
Eddy Travels is your personal travel advisor powered by AI. Designed to simplify the trip planning experience, the digital assistant provides personalized suggestions for the best flights, hotels, car rentals, and other services. It targets millennial travelers in Canada and the US and is available on popular messaging apps like Facebook Messenger, Slack, Telegram, Viber, and Line. The team behind Eddy Travels built a cutting-edge natural language processing system and integrated offers from such leading travel companies as Skyscanner.
Try the latest version on Facebook Messenger: https://m.me/eddytravels
UAB CGTrader
Seed Round in 2013
UAB CGTrader operates an online marketplace for 3D artists and engineers to buy, sell, or share 3D models. It allows sellers to list various 3D models; and buyers to buy through its Website. The company allows artists to offer various textured, rigged, and animated 3D models that can be used in 3D print, animation, film, architecture visualization, advertising, game, or other industries. It offers various product categories in the areas of aircraft, animals, architectural details, exterior, and architectural interior, car, character/people, electronics, food, furniture, household, industrial, plant/tree, science/medical, space, sport/hobby, vehicle, watercraft, and weapon/military. The company was founded in 2011 and is based in Vilnius, Lithuania.
ImpressPages LTD
Seed Round in 2013
ImpressPages LTD. develops open source content management system for managing Websites. It offers ImpressPages CMS that enables users to drag and drop videos, texts, photos, and forms; create a new language for their Website; edit in place; SEO; copy content from anywhere and it automatically adapts to their Website styles; and create their own theme. The company was founded in 2013 and is based in Vilnius, Lithuania.
UAB CGTrader
Series A in 2017
UAB CGTrader operates an online marketplace for 3D artists and engineers to buy, sell, or share 3D models. It allows sellers to list various 3D models; and buyers to buy through its Website. The company allows artists to offer various textured, rigged, and animated 3D models that can be used in 3D print, animation, film, architecture visualization, advertising, game, or other industries. It offers various product categories in the areas of aircraft, animals, architectural details, exterior, and architectural interior, car, character/people, electronics, food, furniture, household, industrial, plant/tree, science/medical, space, sport/hobby, vehicle, watercraft, and weapon/military. The company was founded in 2011 and is based in Vilnius, Lithuania.
PlateCulture
Seed Round in 2016
PlateCulture connects people who love cooking & hosting dinners with people who love eating authentic home cooked meals. Each dinner is a unique experience where people can share food, discover new cultures and build friendships from all over the world.
Oxipit, UAB
Seed Round in 2019
Oxipit research team consists of Kaggle-winning experienced deep learning engineers and radiologists.
Oxipit offers a suite of Deep Learning chest X-ray image solutions: priority management, computer assisted diagnosis, pathology localization and visual search. Another area of work consists of tools for automatic head MRI/CT analysis – lesion segmentation, volumetric evaluation, localization relative to brain anatomy.
NanoAvionics
Seed Round in 2015
We are NanoAvionics – a team of 45 aerospace engineers who have over forty successful nano-satellite missions under their belt. We are proud to be enabling numerous space-based businesses by supplying the market with our multi-purpose, high-performance – and at the same time – the most affordable nano-satellite platforms. Besides manufacturing of preconfigured platforms, we also assist our Customers in mission logistics, integration and launch brokerage.
Droplet Genomics
Seed Round in 2021
Droplet Genomics is a Lithuanian biotech startup that aims to commercialize droplet microfluidics technology.
PlateCulture
Seed Round in 2015
PlateCulture connects people who love cooking & hosting dinners with people who love eating authentic home cooked meals. Each dinner is a unique experience where people can share food, discover new cultures and build friendships from all over the world.
HEI Schools
Series A in 2021
HEI Schools has packaged the Finnish early learning model to benefit the different needs of early education operators around the world. HEI Schools Toolkit digital customers can get ahead of the competition by advertising that they are using a Finnish-based curriculum, as well as save in teacher resources & planning time with continuously updated lesson plans. The Teacher Certificate program participants can learn more about the world-renowned and highly sought-after Finnish educational model. HEI Schools Learning Center customers get to enjoy a turn-key concept with a fully branded model, including teacher training, beautiful space design, global community, and operational support in addition to the high-quality curriculum.
ZITICITY
Seed Round in 2019
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour.
However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available.
ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average.
42 minutes! That is faster than Amazon Prime.
ZITICITY is becoming the new standard for urban same-day and faster deliveries.
Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies.
Follow us as we become your favourite delivery company!
HelloHungry
Seed Round in 2014
To modern days office workers, who don't have enough time to have a proper meal, Hello Hungry is a healthy office food brand, that tackles your hunger and enables you to perform. Because it contains powerful elements that your invincible office body needs!
RRR.lt
Seed Round in 2020
RRR.lt is a developer of an online platform for the sale of used car parts. RRR.lt offers a software package improved continuously to used car parts sellers. It allows them to manage their stock and sell pre-inspected car parts suitable for second-hand use
PVcase UAB
Series A in 2021
The unique tool that automates 3D terrain based solar engineering, so you not only save time, but also get much better precision
UAB Mobassurance
Seed Round in 2013
UAB Mobassurance, a technology-driven financial products distributor, develops and executes mobassurance business models through partnerships with mobile network operators in Lithuania and internationally. Its business models include on-demand travel, bill protection, subscribed on-demand, and device insurance products. The company works with mobile operators to develop joint business partnerships in the area of mobassurance; offers its technology platform for mobile insurance distribution; and licenses its platform to operators and insurers. It also offers its platform through Software as a Service schemes. The company is based in Vilnius, Lithuania. It has a location in Riga, Latvia.
Gifty
Seed Round in 2013
Gifty, UAB develops a smartphone application that offers solutions for sending gifts online. The company offers a platform that allows users to send gifts such as coffee, a bar of chocolate, pizza, cinema tickets, which can be deliver through a specific gift code and can be availed directly through the network of merchants. The company also develops application for android and iOS. Gifty, UAB was founded in 2012 and is based in Vilnius, Lithuania.
TransferGo Ltd.
Seed Round in 2015
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
UAB AdDuplex
Seed Round in 2013
AdDuplex is a cross-promotion network for Windows Phone appsAdDuplex enables Windows Phone developers to promote their apps for free by helping each other. Developers display ads for other apps and get impressions for their ads in return.
UAB Baltu lanku vadoveliai
Seed Round in 2015
UAB Baltu lanku vadoveliai publishes educational literature and digital educational tools. The company is based in Vilnius, Lithuania.
Aurora Propulsion Technologies
Seed Round in 2021
Aurora Propulsion Technologies Oy provides satellite manufacturers with highly reliable mass produced and high quality, components for attitude (orientation) and orbit control.
The vision is to enable small (1- 15 kg) satellite manufacturers to be able to conduct their satellite missions effectively and take their satellites anywhere, be it to Low Earth orbit or other planets in the solar system.
Softneta
Venture Round in 2016
Softneta is an award winning Lithuanian IT company providing software-based specialized health care solutions to improve the quality of patient care. Since the establishment in 2007, Softneta has a great success not even national wise but also worldwide while exporting the products to North and South America, Continental Europe, Middle East Countries Australia etc.
TransferGo Ltd.
Seed Round in 2012
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
Pinfishing.com
Seed Round in 2015
Answers to the most important fishing questions based on the reports and experiences of successful catching on waters all over the world.
Neematic
Seed Round in 2016
Neematic is a new player in the e-bike market that offers and distributes extreme performance electric bikes.
UAB CGTrader
Venture Round in 2014
UAB CGTrader operates an online marketplace for 3D artists and engineers to buy, sell, or share 3D models. It allows sellers to list various 3D models; and buyers to buy through its Website. The company allows artists to offer various textured, rigged, and animated 3D models that can be used in 3D print, animation, film, architecture visualization, advertising, game, or other industries. It offers various product categories in the areas of aircraft, animals, architectural details, exterior, and architectural interior, car, character/people, electronics, food, furniture, household, industrial, plant/tree, science/medical, space, sport/hobby, vehicle, watercraft, and weapon/military. The company was founded in 2011 and is based in Vilnius, Lithuania.
TransferGo Ltd.
Series B in 2018
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
Widerfi
Seed Round in 2016
Widerfi international travelers can buy direct mobile data connectivity from local cellular network without changing their SIM card. Widerfi is the most cost efficient and customer friendly way to provide high-speed 3G/LTE unlimited data to roaming mobile device at a local rate.
NEW VALUE:
Widerfi enables those international travelers who currently switch off mobile data while abroad to have home-like data access experience, and shares the potential of previously foregone $12 billion income pool with partnering cellular operators. Moreover, Widerfi model opens new horizons for mobile access innovation, including sponsored and on-demand connectivity.
Trafi
Series A in 2015
Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.
Widerfi
Seed Round in 2015
Widerfi international travelers can buy direct mobile data connectivity from local cellular network without changing their SIM card. Widerfi is the most cost efficient and customer friendly way to provide high-speed 3G/LTE unlimited data to roaming mobile device at a local rate.
NEW VALUE:
Widerfi enables those international travelers who currently switch off mobile data while abroad to have home-like data access experience, and shares the potential of previously foregone $12 billion income pool with partnering cellular operators. Moreover, Widerfi model opens new horizons for mobile access innovation, including sponsored and on-demand connectivity.
Rewalon
Seed Round in 2013
Réwalon is corporate rewarding service which enables companies to send their clients small items like cup of coffee, chocolate, pizza, cinema tickets and many more from largest merchants in the market.
Companies use Réwalon service to reward clients for their behavior, as an incentive or maintaining relations. Réwalon technology and infrastructure let companies pay for used rewards only therefore ROI of rewarding with desirable goods increases significantly.
Company has started operations in the Baltic States and Russia and rolling out business to Poland.
Clients of Réwalon: Альфа-банк, Открытие, Amex, Swedbank, SEB, Nordea, Bite, Omnitel, Tele2, Lietuvos draudimas, PZU, etc.
Among partners of Rewalon there are Starbucks, Papa John's, The Body Shop, Statoil, Cili, Coffee Inn, Vero cafe, Формула кино, Forum Cinemas and others.
Company's investors are Practica Capital fund, Online Venture and others.
Réwalon owns the Gifty mobile application which enables people to treat each other.
Gaudre UAB
Venture Round in 2013
Gaudre UAB engages in the manufacture and supply of lighting products in Lithuania. The company offers interior lighting sources for offices, shops, hotels, and other representative premises; lamps for outdoor lighting and industrial premises; digital lighting control systems, including digital adresable lighting interfaces and European installation bus systems; and electrical heaters. Its lighting products include office, downlight, accent, interior, industrial, evacuation, and outdoor lighting products, as well as elements for electricity installations. The company also provides RELUX 2004 PRO, a software solution for the lighting planning of inner premises, outdoor areas, lighting of facades, lighting designing, and projecting. Gaudre UAB was founded in 1991 and is headquartered in Vilnius, Lithuania.
TransferGo Ltd.
Series B in 2018
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
ZITICITY
Seed Round in 2020
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour.
However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available.
ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average.
42 minutes! That is faster than Amazon Prime.
ZITICITY is becoming the new standard for urban same-day and faster deliveries.
Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies.
Follow us as we become your favourite delivery company!
Web Robots
Seed Round in 2014
Web Robots is offering web data collection services since 2013. It's unique SaaS platform allows ultra efficient targeted web crawler creation. The platform is cloud based, therefore it is highly scalable on leading cloud providers. Web Robots accepts B2B clients in two service models - fully managed data delivery or SaaS where client's staff manage robots on Web Robots platform.
NewStoryLook
Seed Round in 2014
Founded In London. after a year Newstory company opened warehouse In Vilnius and has grown into a on•of•a•kind smart shopping destination for those seeking a personal free online stylist for the unique body shape and curated mix of clothing, accessories to reflect their personal style and fuel their lives' passions.
Newstory is changing the way consumers discover their uniqueness. No matter your age. body shape. weight, they will teach you what to wear and which styles flatter your shape and how to get noticed. Taking inspiration from the worlds of fashion and entertaining, they are committed to offering their customers signature products for the best pricing and unmatched service.
They are passionate about collaboration and are proud to nurture partnerships with both established and upcoming designers to bring their customers unique, covetable pieces to treasure. Their buyers and designers travel the world to uncover special products and to collaborate with talented artists. The result? A unique assortment that includes clothing, accessories, beauty. found objects, gifts and More. with influences ranging from budget pieces to luxury. Their teams have a commitment to creativity. passion, and entrepreneurship but hope their success Iles at keeping the customer at the heart of everything we do.
TransferGo Ltd.
Series B in 2017
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
Rewalon
Seed Round in 2014
Réwalon is corporate rewarding service which enables companies to send their clients small items like cup of coffee, chocolate, pizza, cinema tickets and many more from largest merchants in the market.
Companies use Réwalon service to reward clients for their behavior, as an incentive or maintaining relations. Réwalon technology and infrastructure let companies pay for used rewards only therefore ROI of rewarding with desirable goods increases significantly.
Company has started operations in the Baltic States and Russia and rolling out business to Poland.
Clients of Réwalon: Альфа-банк, Открытие, Amex, Swedbank, SEB, Nordea, Bite, Omnitel, Tele2, Lietuvos draudimas, PZU, etc.
Among partners of Rewalon there are Starbucks, Papa John's, The Body Shop, Statoil, Cili, Coffee Inn, Vero cafe, Формула кино, Forum Cinemas and others.
Company's investors are Practica Capital fund, Online Venture and others.
Réwalon owns the Gifty mobile application which enables people to treat each other.
Xylo
Seed Round in 2014
Xylo Corporation develops software to manage the daily activities of musical ensembles, organizations, elementary school bands, symphony orchestra, associations, manufacturers, retailers, and publishers. It offers Xylo, a tool that allows its members to reach each other instantly, share information, and engage in conversations. The company’s Xylo is used for various roles in an organization such as directors, boosters, students, and parents. Xylo Corporation was incorporated in 2014 and is based in New York, New York.
Robert Kalinkin
Seed Round in 2015
UAB Robert Kalinkin designs, manufactures, and retails men and women apparel. It also offers ready-to-wear apparel; and made-to-order and couture items, accessories, and footwear. The company offers its products through its stores in Riga, Latvia; Vilnius and Kaunas, Lithuania; Schaumburg, Illinois; and Chester, United Kingdom. It also offers its products online, as well as through other retail locations. The company is based in Vilnius, Lithuania.
TransferGo Ltd.
Venture Round in 2013
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
Meine Angelruten
Seed Round in 2014
Web platform for fishermen to buy, sell or share new and used, liked and already no longer used fishing equipment and practice.
RoyaltyRange
Venture Round in 2017
RoyaltyRange is an intellectual property royalty rate database. The database provides royalties and licensing terms data of licence agreements covering Europe
TrackDuck
Seed Round in 2014
TrackDuck Oy provides visual feedback for Web design and development. The company enables users to comment, check status, and assign feedback and issues with colleagues in real-time; get feedback with context, anonymous feedback, and real-time data; and provides user management and integration services. It covers various feedback needs ranging from mock-ups to a live Website. TrackDuck Oy was incorporated in 2012 and is based in Espoo, Finland. As of May 2, 2017, TrackDuck Oy operates as a subsidiary of InVisionApp Inc.
Trafi
Seed Round in 2013
Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.
TransferGo Ltd.
Seed Round in 2013
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.
UAB Adtarget.me
Seed Round in 2014
UAB Adtarget.me operates a retargeting platform for managing advertising campaigns. Its retargeting platform displays advertisement to visitors that left their Website as they visit other Websites online; and identifies visitor and show retargeted advertisements that would invite the same user to complete the order. The company’s retargeting platform is a form of online advertising that connects users with visitors in the process of decision making. UAB Adtarget.me is based in Vilnius, Lithuania.
MCT
Venture Round in 2014
UAB MCT owns and operates a chain of medical diagnostics clinics Medea and Baltic-American Clinic. It also owns a 90-room and 177-medical rehabilitation centre in Druskininkai, Lithuania. UAB MCT is based in Vilnius, Lithuania.
KFC Corporation
Venture Round in 2014
KFC Corporation, also known as Kentucky Fried Chicken, operates a chain of chicken restaurants in the United States and internationally. The company provides sandwiches, sides, desserts, drinks, sauces, fill ups, buttermilk biscuits, and other products; big box meals, popcorn nuggets, and kid’s meals; and chicken products, including chicken hot wings, chicken sandwiches, and fried chicken products. The company also franchises its restaurants. KFC Corporation was founded in 1952 and is based in Louisville, Kentucky. KFC Corporation operates as a subsidiary of Yum! Brands, Inc.
Trustribe
Seed Round in 2013
Trustribe builds e-reputation management platforms that help sharing economy businesses and peer to peer companies to attract and engage visitors to their platforms. Its platforms gather reputation data; collect feedback after each transaction user makes in customer’s platform; derive number of positive and negative feedbacks; gather user statistics; provide access to main user’s reputation parameters; and provide detailed information about users. The company also provides technical support, and customer analytics and insights via reputation lens. Trustribe was founded in 2013 and is based in Vilnius, Lithuania.
Eneba
Series A in 2020
Since its launch back in late 2018, Eneba has been (and continues to be) growing at the speed of light. We aim straight for the bull's eye, and we have no intention to miss.
Here at Eneba, we are much more than just regular co-workers. We are a team, a squad, and a crew of like-minded professionals who share the same passion for gaming. We strive for professionalism and excellence on a daily basis. By doing so, we provide the easiest access and means to video games & services for gaming communities worldwide.
Our mission is to bring an outstanding selection of games to every single interested player, in the safest, most trustworthy, and cheapest way possible. And we are not only doing it - we are rocking it!
JetCat Games
Seed Round in 2015
JetCat Games is a young indie studio, based in Vilnius, Lithuania. At the moment working on their first independent project - Heliborne. Heliborne is a multiplayer king of the hill arcade in which you can fly not only iconic helicopters from you favorite movies but also a lot of not so well known model on various battlefields – Korea, Vietnam, Iraq, Iran, Balkans, Somali, Afghanistan in different timelines and scenarios.
PlateCulture
Seed Round in 2014
PlateCulture connects people who love cooking & hosting dinners with people who love eating authentic home cooked meals. Each dinner is a unique experience where people can share food, discover new cultures and build friendships from all over the world.