Investors in Lithuania

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.

Superangel is a community of successful founders taking you to the next level. We offer early stage investments from entrepreneurs to entrepreneurs. As a value-add for our portfolio companies, we provide expertise in customer and business development, team-building & hiring, sales & marketing and product development tailored for each startup to take you to the next major milestone. 1-on-1 mentorship sessions, thematic workshops and our experts in residence are just some of the things that give our companies an edge.

Superhero Capital is to founders what Alfred is to Batman – the help from behind the scenes. The fund has four full-time ‘Alfreds’ helping in building scalable tech, metrics and insight, business model and storytelling. The team has collectively founded, worked at and invested in over 60 startups in various fields including ecommerce, fintech, healthtech, and industrial tech.

AS BaltCap is a private equity and venture capital firm specializing in investments in early venture, startups, mid venture, late venture, later stage expansion, lower-mid market, expansion capital, development stages, add-on investments, pre- IPO stages, buyouts and buy-ins, growth capital, industry consolidations, and restructurings. It does not participate in hostile takeovers nor provide debt financing and loans. The firm does not invest in gambling, manufacture of tobacco, arms manufacturing, hard liquor manufacturing (breweries acceptable), financial services, real estate, insurance, human cloning and genetically modified organisms, or any environmentally hazardous business. It has a generalist sector approach and focuses its investments in business-to-business services, manufacturing, healthcare, information and communication technology, energy and specialty retail, transportation infrastructure, distribution and logistics sectors. It seeks to invest in small and medium sized enterprises (SMEs) and businesses that want to launch new products and services. It prefers to invest in Baltic States with a focus on Estonia, Latvia, and Lithuania. The firm typically invests between EUR0.5 million ($0.57 million) and €3 million ($3.95 million) for buy-outs investments. The private equity strategy funds invest in transactions with enterprise value typically between €5 million ($5.65 million) and €40 million ($45.16 million) and maximum assets of €27 million ($23.92 million). The Jeremie funds focus on providing financing between €0.3 million ($0.42 million) and €3 million ($4.22 million). The firm invests between €0.3 million ($0.26 million) and €10 million ($13.45 million) in companies with maximum revenue of €40 million ($35.44 million). It primarily invests in equity or equity related instruments like convertibles, preferred shares, bonds with warrants and becomes a shareholder in its portfolio companies. The firm prefers to hold a seat in a council or a supervisory board of the portfolio company, shareholders’ agreement, and acquires majority or blocking significant minority positions with controlling rights. It also seeks to co-invest. It exits its investments between three years and five years through strategic trade sale, sale to a strategic buyer, financial investor, sale to other co-owners, or IPO. AS BaltCap was founded in 1995 and is based in Tallinn, Estonia with additional offices at Rigas, Latvia and Vilnius, Lithuania.

Founded in 2012, Dao Family Office provides legal, HR, analytical, financial and project management support to institutions and families based in Lithuania.

European Investment Bank (EIB) provides lending, borrowing, and treasury services primarily in the European Union. The company offers project loans for the public and private sectors; loans to banks and other intermediaries; structured finance products; guarantees and securitization instruments for senior and subordinated debts; project bonds; equity and fund investment products such as infrastructure equity and debt funds, and environmental funds; and venture capital funds and security packages for funds. The company also offers microfinance; risk sharing finance for research, development, and innovation projects; finance and technical expertise for sustainable energy projects; infrastructure project advisory services; support for urban development projects; guarantees for transport infrastructure; and funding for public-private partnerships and small- and medium-sized enterprises. EIB serves the transportation, global loans, energy, industry, health, education, water, sewerage, infrastructure, services, telecommunications, agriculture, and fisheries sectors. European Investment Bank was founded in 1958 and is based in Luxembourg.

As a venture capital company, HBM BioVentures is invested globally in some 40 mature emerging companies in the biotechnology/human medicine, diagnostics and medical technology sectors. The primary products of HBM BioVentures' portfolio companies are either at an advanced stage of development or already available on the market. The company focuses on unquoted emerging companies, with two-thirds are invested in private companies that offer high value creation potential. This has enabled HBM BioVentures to carve out a unique and distinctive market position. HBM BioVentures has a broad shareholder base and is listed on the SIX Swiss Exchange (ticker: HBMN).

SOSV is venture capital firm and an accelerator specializing in technology startups. The firm also specializes in seed, early venture, growth capital, venture and growth-stage funding to disruptive startups. The firm typically invests in information technology with a focus on hardware, software, leap motion, sales and biotechnology, telecommunications, energy efficiency technology, energy, green energy, medical devices, transportation, robotics, internet, and social media; it also invests in the food sector. It seeks to invest globally with a focus on United States, Europe, and Asia including China. The firm typically invests between $0.01 million and $0.05 million and offers a two-four month program in exchange for equity. The firm prefers to invest as the lead investor. SOSV was founded in 1995 and is based in Princeton, New Jearsey with additional offices in United States of America, Europe, and Asia.

Startup Wise Guys is one of the most active early stage investors in the broader CEE region and Nordics. To help techy startup founders become true entrepreneurs, we are running a world class startup accelerator since 2012. We have accelerated more than 145 startups in 15 cohorts, focusing on B2B SaaS, Fintech and Cybersecurity. Portfolio has already had 1 major exit and overall startup survival and success rate is above 77%. The intensive 3 month accelerator program is focused on validating, developing and selling products to business customers. Over 200 international and local mentors help startups move through those stages much faster than they would on their own. Founders are also prepared to sell their vision to investors, and the program culminates Demo Days & major tech event visits, where startups get to present to venture capitalists and angel investors. Post program, startups join the alumni community of 145+ startups in more than 40 countries and become eligible for invite-only alumni events such as SWG Getaway focused on business development, fundraising and experience sharing.

Contrarian Ventures is an early-stage venture capital firm focusing on investments in emerging technologies.