Practica Capital

Practica Capital is a venture capital firm based in Vilnius, Lithuania, established in 2011. It focuses on early-stage investments, particularly in seed and selected pre-seed and A-stage technology companies in the Baltic States. Over the past decade, Practica Capital has invested in more than 60 companies, supporting ambitious founders and contributing to their growth as company builders. The firm is recognized as a leading partner in the Baltic region, actively co-investing with various stakeholders, including local and international venture capital firms, accelerators, and public agencies. With a commitment to the technology sector, Practica Capital aims to foster innovation and entrepreneurship in the Baltic region.

Andriuškevicius CFA, Tomas

Partner and CEO

Donatas Keras

Partner

Miciunas, Petras

Partner

Past deals in FSU

AMLYZE

Pre Seed Round in 2023
AMLYZE is a RegTech company and Software-as-a-Service (SaaS) provider focused on combating financial crime through a comprehensive suite of solutions. The company offers modules for real-time and retrospective transaction monitoring, customer risk assessment, and various compliance investigations, including sanctions and politically exposed person (PEP) screening. Since its inception in 2019, AMLYZE has developed its core product, which launched in autumn 2022. The firm's strength lies in its team, composed of experts in anti-money laundering, financial fraud prevention, and market supervision, with backgrounds from prominent regulatory bodies and financial institutions. By leveraging this expertise, AMLYZE delivers innovative technology solutions that enhance the efficiency of AML/CFT compliance processes, helping clients mitigate reputational and financial risks while fulfilling regulatory obligations.

PVcase

Series A in 2021
PVcase is a software company focused on transforming utility and commercial-scale solar project development through automation. Its comprehensive suite of tools streamlines the entire value chain, including site selection, photovoltaic design, and yield assessment, providing an efficient alternative to traditional manual processes. This automation significantly accelerates project timelines and reduces costs at every stage of solar development. PVcase serves over 1,500 customers across more than 75 countries, supporting the development of over 4 terawatts of solar projects annually. The company's innovative software, which employs proprietary algorithms for terrain analysis, facilitates optimal site and configuration selection for solar power plants. Beyond its technological advancements, PVcase emphasizes the well-being of its employees, recognizing the importance of health and happiness in driving the company's success.

Ovoko

Seed Round in 2021
Planet positive marketplace for used car spare parts. The company connects sellers of car parts, auto dismantlers, and recyclers with dealers, mechanics, and enthusiasts. The platform is committed to enabling a circular economy by facilitating the reuse of auto parts and addressing sustainability in the automotive industry. Ovoko focuses on making car repair more accessible and environmentally friendly by promoting the reuse of quality car parts.

Pipelinepharma

Seed Round in 2021
Pipelinepharma operates an online platform that connects pharmaceutical manufacturers with distributors and pharmaceutical companies for licensing and distribution agreements. Founded in 2012 and based in London, the platform serves as a marketplace where manufacturers can identify qualified buyers and negotiate new licensing deals, while buyers can efficiently build their product portfolios by accessing verified manufacturers. The platform facilitates the search for pharmaceutical products by generic name, dossier type, and good manufacturing practices, allowing users to streamline the process of product registration and agreement negotiation with professional support. This approach aims to reduce the time pharmaceutical executives spend on sourcing products and finalizing deals, thereby enhancing operational efficiency in the industry.

Interactio

Series A in 2021
Interactio is a leading platform that specializes in providing remote solutions for multilingual online and onsite meetings. Launched in 2014, it has facilitated interpretation and streaming for over 42,000 events, supporting more than 2,000 remote and hybrid meetings each month. The platform features an intuitive setup that incorporates remote simultaneous interpretation (RSI) and a remote participant system, allowing for an unlimited number of languages and up to 2,000 participants in a virtual room. By utilizing Dante media networking technology, Interactio integrates seamlessly with existing conference and interpretation equipment. The platform has gained recognition as the preferred choice for European institutions, notably serving as the communication bridge during the international pledging conference for "Coronavirus Global Response" in 2020. Interactio also partners with prestigious organizations, including TEDx and major corporations such as Microsoft and Google, providing high-quality interpretation services. With a strong reputation in the industry, it boasts a Trustpilot score of 4.6 and has supported nearly 1 million attendees simultaneously.

Atrandi Biosciences

Seed Round in 2021
Atrandi Biosciences is a privately held biotechnology company focused on advancing single-cell technology, particularly through next-generation single-cell eukaryotic DNA sequencing. This innovative method enables detailed analysis of genomic alterations and cellular heterogeneity. The company develops proprietary microfluidics technology, which includes hardware systems, consumables, and software services. These tools facilitate user-friendly workflows that empower researchers to explore complex biological systems at the single-cell and single-molecule levels. By enhancing the capabilities of single-cell analysis, Atrandi Biosciences aims to support scientific advancements in the understanding of biology and disease.

Biomatter

Seed Round in 2021
Biomatter is a synthetic biology company focused on developing innovative proteins for applications in medicine and sustainable manufacturing. The company has created the Intelligent Architecture platform, which overcomes the limitations of traditional engineering approaches, thereby facilitating advanced protein design and development. By employing ultra-high-throughput data acquisition methods using synthetic organisms, Biomatter collects extensive data on various properties of large protein libraries. This capability allows clients to leverage cutting-edge technologies that combine synthetic biology with artificial intelligence for enhanced protein engineering.

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!

Ovoko

Seed Round in 2020
Planet positive marketplace for used car spare parts. The company connects sellers of car parts, auto dismantlers, and recyclers with dealers, mechanics, and enthusiasts. The platform is committed to enabling a circular economy by facilitating the reuse of auto parts and addressing sustainability in the automotive industry. Ovoko focuses on making car repair more accessible and environmentally friendly by promoting the reuse of quality car parts.

ZITICITY

Seed Round in 2020
ZITICITY is a logistics service provider that connects e-commerce stores with trained delivery workers, enabling a scalable and efficient delivery solution across major European cities. The company addresses the challenge of same-day delivery, which remains unavailable for 80% of e-commerce businesses in Europe, by utilizing a crowd-sourced fleet that can deliver packages in an average of 42 minutes. ZITICITY offers an on-demand delivery model that eliminates the need for traditional distribution centers, thereby reducing delays. Its services are accessible to businesses of all sizes, including food delivery companies, e-shops, grocery chains, traditional courier services, and pharmacies. By optimizing delivery methods through various means of transportation such as cars, bicycles, and e-scooters, ZITICITY sets a new standard for urban delivery, catering to the growing consumer demand for rapid fulfillment.

Edurio

Seed Round in 2020
Edurio is a start-up focused on developing web-based tools aimed at enhancing educational institutions. The company offers a platform that enables schools and universities to collect and analyze student feedback online, facilitating a more accurate understanding of student experiences while minimizing biases. Edurio's software includes features for conducting surveys on various aspects such as student engagement, family involvement, and the overall school environment. By providing comprehensive survey content, distribution, analysis, and reporting, Edurio supports educational organizations in their efforts to improve academic outcomes and foster professional development.

Oxipit

Seed Round in 2019
Oxipit is a developer of artificial intelligence tools focused on enhancing medical imaging, particularly in the field of radiology. The company's primary offering is an AI-based chest X-ray radiology suite that automates the diagnosis and reporting process. This platform efficiently identifies healthy chest X-ray images and generates preliminary reports only when it is highly confident in the findings. By leveraging advancements in AI and machine learning, Oxipit aims to address the global shortage of radiologists and improve the overall quality of diagnostics. This innovation allows medical specialists to concentrate on cases that require further attention, ultimately contributing to better patient outcomes worldwide.

ZITICITY

Pre Seed Round in 2019
ZITICITY is a logistics service provider that connects e-commerce stores with trained delivery workers, enabling a scalable and efficient delivery solution across major European cities. The company addresses the challenge of same-day delivery, which remains unavailable for 80% of e-commerce businesses in Europe, by utilizing a crowd-sourced fleet that can deliver packages in an average of 42 minutes. ZITICITY offers an on-demand delivery model that eliminates the need for traditional distribution centers, thereby reducing delays. Its services are accessible to businesses of all sizes, including food delivery companies, e-shops, grocery chains, traditional courier services, and pharmacies. By optimizing delivery methods through various means of transportation such as cars, bicycles, and e-scooters, ZITICITY sets a new standard for urban delivery, catering to the growing consumer demand for rapid fulfillment.

Pipelinepharma

Pre Seed Round in 2019
Pipelinepharma operates an online platform that connects pharmaceutical manufacturers with distributors and pharmaceutical companies for licensing and distribution agreements. Founded in 2012 and based in London, the platform serves as a marketplace where manufacturers can identify qualified buyers and negotiate new licensing deals, while buyers can efficiently build their product portfolios by accessing verified manufacturers. The platform facilitates the search for pharmaceutical products by generic name, dossier type, and good manufacturing practices, allowing users to streamline the process of product registration and agreement negotiation with professional support. This approach aims to reduce the time pharmaceutical executives spend on sourcing products and finalizing deals, thereby enhancing operational efficiency in the industry.

Sonarworks

Series A in 2019
Sonarworks Ltd. is an audio technology company based in Riga, Latvia, founded in 2012. It specializes in software that calibrates sound across various headphones and speakers, enhancing audio experiences for both consumers and professionals. The company's key offerings include Reference 4, which is tailored for studio environments, and True-Fi, designed for everyday listeners. Sonarworks' SoundID technology customizes sound devices to align with individual hearing preferences, improving sound quality and eliminating noise shortcomings. This software is widely used in professional recording studios and is available online as well as through international dealers, bridging the gap between sound creators and listeners.

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.

CGTrader

Series A in 2017
CGTrader operates an online marketplace that facilitates the buying, selling, and creation of professional 3D content. It is recognized as the largest source for licensable stock and custom 3D models, featuring over 800,000 models and a community of nearly two million users, including skilled 3D designers. The platform provides designers with favorable terms for monetizing their creations. Various industries, such as retail, gaming, advertising, and architecture, utilize the 3D content available on CGTrader to lower design costs and expedite time-to-market. Additionally, CGTrader offers enterprise 3D modeling services that enable businesses to convert 2D product images into photorealistic 3D models for augmented reality applications, enhancing customer experiences and boosting sales conversions while reducing product returns. With a vast network of talented 3D designers, CGTrader is well-equipped to deliver complex and scalable 3D models.

Interactio

Seed Round in 2017
Interactio is a leading platform that specializes in providing remote solutions for multilingual online and onsite meetings. Launched in 2014, it has facilitated interpretation and streaming for over 42,000 events, supporting more than 2,000 remote and hybrid meetings each month. The platform features an intuitive setup that incorporates remote simultaneous interpretation (RSI) and a remote participant system, allowing for an unlimited number of languages and up to 2,000 participants in a virtual room. By utilizing Dante media networking technology, Interactio integrates seamlessly with existing conference and interpretation equipment. The platform has gained recognition as the preferred choice for European institutions, notably serving as the communication bridge during the international pledging conference for "Coronavirus Global Response" in 2020. Interactio also partners with prestigious organizations, including TEDx and major corporations such as Microsoft and Google, providing high-quality interpretation services. With a strong reputation in the industry, it boasts a Trustpilot score of 4.6 and has supported nearly 1 million attendees simultaneously.

Neematic

Seed Round in 2016
Neematic is a new player in the e-bike market that offers and distributes extreme performance electric bikes.

Interactio

Seed Round in 2016
Interactio is a leading platform that specializes in providing remote solutions for multilingual online and onsite meetings. Launched in 2014, it has facilitated interpretation and streaming for over 42,000 events, supporting more than 2,000 remote and hybrid meetings each month. The platform features an intuitive setup that incorporates remote simultaneous interpretation (RSI) and a remote participant system, allowing for an unlimited number of languages and up to 2,000 participants in a virtual room. By utilizing Dante media networking technology, Interactio integrates seamlessly with existing conference and interpretation equipment. The platform has gained recognition as the preferred choice for European institutions, notably serving as the communication bridge during the international pledging conference for "Coronavirus Global Response" in 2020. Interactio also partners with prestigious organizations, including TEDx and major corporations such as Microsoft and Google, providing high-quality interpretation services. With a strong reputation in the industry, it boasts a Trustpilot score of 4.6 and has supported nearly 1 million attendees simultaneously.

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.

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.

Pinfishing.com

Seed Round in 2015
Pinfishing.com is an online resource designed to answer frequently asked fishing questions. They provide reviews and experiences from successful catches, as well as fishing forecasts for certain fish species and areas, allowing fishermen to plan successful fishing trips while saving time and money.

East West Agro

Venture Round in 2015
AB East West Agro is a prominent company in Lithuania specializing in the wholesale and retail of agricultural machinery and equipment. Founded in 2006 and headquartered in Kaunas, the company offers a diverse range of products, including tractors, combine harvesters, mowers, compaction rollers, and various implements and spare parts. In addition to its extensive product line, East West Agro provides engineering and aftersales services, ensuring comprehensive support for its customers in the agricultural sector. The company's commitment to quality and innovation has positioned it as a key player in the agricultural machinery market in Lithuania.

Baltu Lanku Vadoveliai

Seed Round in 2015
UAB Baltu Lanku Vadoveliai is a publishing house located in Vilnius, Lithuania, specializing in educational literature and digital educational tools. The company develops modern educational resources and manages bookstores that offer a wide range of retail books, including fiction, children's literature, arts, humanities, social sciences, computer science, and economics. By providing these resources, Baltu Lanku Vadoveliai aims to support students and enhance their learning experiences.

Adduplex

Seed Round in 2015
AdDuplex is a prominent cross-promotion network designed specifically for Windows Phone applications. It provides a platform that allows developers to promote their apps at no cost by displaying advertisements for each other’s applications. In return, developers receive impressions for their own ads, facilitating mutual promotion. This network not only enhances visibility for individual apps but also offers a virtual space for applications to be showcased, including options for trial periods. By fostering collaboration among developers, AdDuplex enables them to gain greater exposure in the competitive app market.

Robert Kalinkin

Seed Round in 2015
Robert Kalinkin is a Lithuanian fashion brand that specializes in designing, manufacturing, and retailing apparel for both men and women. The company offers a diverse range of products, including ready-to-wear clothing, made-to-order pieces, couture items, accessories, and footwear. Known for its unique aesthetic that combines expressively raw elegance with a militaristic edge, the brand emphasizes precision tailoring and bold design elements. Robert Kalinkin operates retail locations in Riga, Latvia; Vilnius and Kaunas, Lithuania; Schaumburg, Illinois; and Chester, United Kingdom, while also providing an online shopping platform. The designer's background in couture and experience in art direction and styling contribute to a distinctive collection that allows clients to customize their looks for various occasions. Based in Vilnius, Lithuania, the brand reflects a rigorous creative direction characterized by complex cutting and thoughtful asymmetry.

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.

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.

PlaceILive

Seed Round in 2015
PlaceILive.com is a location-based platform that provides comprehensive and systematic information about neighborhoods, focusing on the quality of living environments and real estate. The platform offers users updates on various aspects such as safety, transportation, and leisure activities, all presented on interactive maps featuring street views and address lists. Each category is rated to derive a Life Quality Index, which helps users gain insights into different neighborhoods within cities. This resource is particularly useful for individuals looking to rent, buy, or sell properties, as well as for those seeking to discover interesting places to visit within a city. By aggregating relevant and objective data, PlaceILive serves as an authoritative source for neighborhood information worldwide.

Trafi

Series A in 2015
Trafi, founded in 2013, is a mobility technology startup with offices in Berlin, London, Paris, and Vilnius. The company collaborates with cities and enterprises globally to develop multimodal mobility-as-a-service systems, offering advanced route planning and data management solutions. Trafi's application allows users to plan journeys using real-time data, integrating scientific algorithms and crowd-sourced information to provide accurate predictions for journey duration and arrival times across various cities. By eliminating the need for manual data adjustments and internet connectivity, Trafi aims to enhance urban mobility and improve the travel experience for its users. The company serves a diverse clientele, including prominent organizations and major cities such as Berlin, Munich, Prague, Jakarta, Bogota, and Rio de Janeiro.

NanoAvionics

Seed Round in 2015
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.

Web Robots

Seed Round in 2014
Web Robots has been providing web data collection services since 2013 through its innovative SaaS platform, which enables the creation of highly efficient targeted web crawlers. This cloud-based platform is designed for scalability and caters to B2B clients through two service models: fully managed data delivery and a self-service option where clients can manage the robots themselves. The platform allows users to transform any website source into structured data sets, facilitating the effortless gathering of desired content and data points on a daily basis. By leveraging virtual robots, Web Robots streamlines the process of web scraping, making data collection more accessible and efficient for its clients.

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.

MCT

Venture Round in 2014
UAB MCT is currently developing a 90-room and 177-medical rehabilitation centre in Druskininkai.

LaSpell

Seed Round in 2014
LaSpell operates a localized marketplace for beauty services that connects women with beauty specialists and resources. The platform focuses on community-driven content, allowing users to explore various beauty looks and trends. Through the Tokia.lt website, LaSpell facilitates discussions on makeup, nail art, and hairstyles, addressing common questions and sharing tips on beauty products and techniques. The marketplace serves as a comprehensive resource, featuring a database of beauty specialists, product reviews, and insights into current beauty trends. By fostering a collaborative environment, LaSpell empowers users to make informed decisions about their beauty choices.

TVC

Venture Round in 2014
TVC Solutions, UAB is a prominent systems integrator and equipment supplier specializing in television and radio broadcasting, as well as IT and communication technologies across Europe, the Middle East, and Asia. Founded in 1996 and headquartered in Šiauliai, Lithuania, the company is the largest of its kind in the Baltics. TVC provides a wide range of services, including the design and installation of outside broadcasting (OB) vans for various events, as well as upgrades and custom-built solutions. Its offerings encompass system integration for live studios, newsrooms, and video editing facilities, along with the supply of broadcast video and audio equipment. The company also focuses on customized equipment and studio furniture, ensuring ergonomic and aesthetically pleasing designs. With subsidiaries in Latvia, Belarus, Ukraine, Georgia, and Kazakhstan, TVC Solutions supports clients with consultancy, project management, and on-site training, solidifying its position as a key player in the broadcasting and media industry.

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.

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.

Manodaktaras.lt

Seed Round in 2014
Manodaktaras.lt is an online healthcare portal based in Vilnius, Lithuania, that facilitates the booking of appointments with doctors and dentists. Launched in 2013 by Robertas Sadovskis, the platform addresses the challenges patients face in finding healthcare professionals in their area. Users can conveniently search for doctors or dentists and schedule appointments through the portal, streamlining the process of accessing necessary medical services. By connecting patients with healthcare providers, Manodaktaras.lt enhances the patient experience and helps doctors attract new clients.

TrackDuck

Seed Round in 2014
TrackDuck is a visual feedback and issue tracking solution tailored for small and mid-sized web agencies and freelancers. It enables clients to provide feedback directly on websites or image files, streamlining the communication process. By allowing users to leave feedback with just a few clicks, TrackDuck significantly reduces the time spent on communication, saving between 30% to 80%. The tool is designed for ease of use, requiring no installation or extensive training, making it accessible for both clients and developers. This approach facilitates detailed issue reporting, ensuring that developers and designers receive clear and actionable feedback.

AdTarget

Seed Round in 2014
AdTarget, founded in 2012, operates a personalized retargeting platform designed to connect local advertising networks with global advertising exchanges. The company focuses on enhancing client profitability through advanced personalized retargeting technology, which helps businesses improve conversions and achieve optimal return on investment. AdTarget emphasizes three key areas for success: building extensive ad networks, investing in technology and innovation, and optimizing algorithms and processes. Their self-service retargeting platform provides clients with access to advanced tools and resources, enabling them to elevate their online business efficiently.

CGTrader

Venture Round in 2014
CGTrader operates an online marketplace that facilitates the buying, selling, and creation of professional 3D content. It is recognized as the largest source for licensable stock and custom 3D models, featuring over 800,000 models and a community of nearly two million users, including skilled 3D designers. The platform provides designers with favorable terms for monetizing their creations. Various industries, such as retail, gaming, advertising, and architecture, utilize the 3D content available on CGTrader to lower design costs and expedite time-to-market. Additionally, CGTrader offers enterprise 3D modeling services that enable businesses to convert 2D product images into photorealistic 3D models for augmented reality applications, enhancing customer experiences and boosting sales conversions while reducing product returns. With a vast network of talented 3D designers, CGTrader is well-equipped to deliver complex and scalable 3D models.

Trafi

Seed Round in 2013
Trafi, founded in 2013, is a mobility technology startup with offices in Berlin, London, Paris, and Vilnius. The company collaborates with cities and enterprises globally to develop multimodal mobility-as-a-service systems, offering advanced route planning and data management solutions. Trafi's application allows users to plan journeys using real-time data, integrating scientific algorithms and crowd-sourced information to provide accurate predictions for journey duration and arrival times across various cities. By eliminating the need for manual data adjustments and internet connectivity, Trafi aims to enhance urban mobility and improve the travel experience for its users. The company serves a diverse clientele, including prominent organizations and major cities such as Berlin, Munich, Prague, Jakarta, Bogota, and Rio de Janeiro.

Dragdis

Seed Round in 2013
Dragdis is a content curation platform that simplifies the process of collecting and organizing online materials. It provides users with a free web application that enables them to easily drag and drop various types of content, such as images, links, text, and videos, into organized folders stored in the cloud. This functionality allows for efficient collaboration and private access across devices. Additionally, Dragdis supports integration with social networking sites, enabling users to share their organized content seamlessly. By offering a visual bookmarking tool, Dragdis aims to enhance the user experience by making content management straightforward and accessible.

Trustribe

Seed Round in 2013
Trustribe is an open Reputation System tailored for Peer-to-Peer platforms operating within Collaborative Economy. Transparent feedback helps sharing community make smarter decisions and for service providers it's great source of direct feedback helping them improve their services. System is easy to integrate, instead of creating custom reputation systems - sharing services can customize and embed Trustribe system into their platforms in under a few hours. Persons reputation capital accumulated withing Trustribe is transferable - which means users who accumulate it within one service can use the same reputation capital across all other services connected to Trustribe.

PlaceILive

Seed Round in 2013
PlaceILive.com is a location-based platform that provides comprehensive and systematic information about neighborhoods, focusing on the quality of living environments and real estate. The platform offers users updates on various aspects such as safety, transportation, and leisure activities, all presented on interactive maps featuring street views and address lists. Each category is rated to derive a Life Quality Index, which helps users gain insights into different neighborhoods within cities. This resource is particularly useful for individuals looking to rent, buy, or sell properties, as well as for those seeking to discover interesting places to visit within a city. By aggregating relevant and objective data, PlaceILive serves as an authoritative source for neighborhood information worldwide.

Mobassurance

Seed Round in 2013
Mobassurance is a technology company focused on transforming the insurance distribution landscape by leveraging mobile operators as sales channels. It has developed a platform that integrates with mobile operators' infrastructure, such as SMS gateways and billing systems, to streamline the sale of insurance products. This approach allows insurance companies to access new customer bases while mobile operators can monetize their existing networks and enhance their service offerings. The Mobassurance team brings extensive experience in finance and technology, facilitating the creation of innovative sales channels and automating business processes. The company's mobile application also provides users with timely insurance reminders, such as travel insurance notifications when they are abroad, further enhancing user experience and engagement.

Adduplex

Seed Round in 2013
AdDuplex is a prominent cross-promotion network designed specifically for Windows Phone applications. It provides a platform that allows developers to promote their apps at no cost by displaying advertisements for each other’s applications. In return, developers receive impressions for their own ads, facilitating mutual promotion. This network not only enhances visibility for individual apps but also offers a virtual space for applications to be showcased, including options for trial periods. By fostering collaboration among developers, AdDuplex enables them to gain greater exposure in the competitive app market.

Gaudre

Venture Round in 2013
Gaudre is a manufacturer of lighting products that serves both residential and commercial markets. The company specializes in the production and distribution of energy-efficient lighting fixtures, lamps, and control systems. By focusing on innovative design and technology, Gaudre aims to provide customers with cost-effective and high-quality lighting solutions that enhance their living and working environments.

CGTrader

Seed Round in 2013
CGTrader operates an online marketplace that facilitates the buying, selling, and creation of professional 3D content. It is recognized as the largest source for licensable stock and custom 3D models, featuring over 800,000 models and a community of nearly two million users, including skilled 3D designers. The platform provides designers with favorable terms for monetizing their creations. Various industries, such as retail, gaming, advertising, and architecture, utilize the 3D content available on CGTrader to lower design costs and expedite time-to-market. Additionally, CGTrader offers enterprise 3D modeling services that enable businesses to convert 2D product images into photorealistic 3D models for augmented reality applications, enhancing customer experiences and boosting sales conversions while reducing product returns. With a vast network of talented 3D designers, CGTrader is well-equipped to deliver complex and scalable 3D models.

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.

Gifty

Seed Round in 2013
Gifty is a micro-gifting service established in 2012 and headquartered in Vilnius, Lithuania. The company offers a unique gifting platform that allows individuals and businesses to send various gift products from multiple brands. Gifty's service includes sending redeemable codes that recipients can use to exchange for gifts at various merchant venues, such as coffee shops, pizzerias, and ice cream shops. This approach enables companies to reward their clients with tangible rewards, enhancing customer loyalty and engagement. Through its innovative platform, Gifty simplifies the gifting process while providing a diverse selection of options for both personal and corporate gifting needs.

Benjamin River Productions

Seed Round in 2012
Benjamin River Productions UAB is a motion picture and television production company based in Vilnius, Lithuania. It specializes in audiovisual production and technology development, focusing on high-definition cinematic-quality video and audio content for fulldome theatres and immersive environments. The company offers a range of services, including corporate video production, marketing videos, educational content, and videos for conferences and events. Benjamin River Productions is supported by investors such as Practica Capital and the Audiovisual Arts Industry Incubator, both of which benefit from European Structural Funds.

Celi APS

Seed Round in 2012
Celi APS Ltd., founded in 1999 and based in Vilnius, Lithuania, specializes in developing computer-aided design (CAD) software tailored for the furniture industry. The company offers a range of 3D design and engineering software solutions that facilitate automated design and production processes for furniture manufacturers. Celi APS integrates its software into clients' information systems, providing essential programming, installation, and training services to enhance operational efficiency. By automating routine design tasks, the company's solutions help furniture manufacturers improve productivity while allowing designers to save time and reduce costly errors. Additionally, Celi APS represents Autodesk Inc. in Lithuania for mechanical applications and has the rights to market Trimble's SketchUp Pro, a widely used 3D modeling tool.

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;
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