Practica Capital

Practica Capital, established in 2011, is a Lithuanian private equity firm focused on early-stage investments in technology-enabled companies. It primarily targets seed and selected pre-seed and A-stage investments, backing Baltic founders with high growth potential. With over €52 million in assets under management across three funds, Practica Capital has invested in over 60 companies, including notable successes like TransferGo and PVcase. The firm actively collaborates with local and international investors, accelerators, and public agencies to support its portfolio.

Miciunas, Petras

Partner

Silvestras Tamutis

Partner

Past deals in Latvia

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.

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.

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.
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