Fundraising Fox

Practica Capital

Venture capital

Vilnius · Pre-Seed–Series A · 9 people tracked

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Investment thesis

Practica Capital is an early-stage VC dedicated to backing founders in the Baltic States, having invested exclusively in Baltic tech for over 12 years. It focuses on seed and selected pre-seed and Series A stages, partnering closely with founders as a company builder. The firm manages four funds totaling over €130M in AUM and has made more than 70 investments. It positions itself as the most active Baltic syndicate partner, co-investing alongside local, regional, and international VCs, accelerators, incubators, angels, corporates, and public agencies, and emphasizes accumulated local and international know-how derived from practical experience.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$324K – $3.2M
HQ
Vilnius, LT
Leads rounds
Follows
Instruments
Equity
Founded
2011
Last 12 months
1 investment
AUM
$140M
Tracked investments
58

Team · 9 people

from curated & public directories
Donatas Keras· Partner and Founderin
Tomas Andriuškevicius· Partnerin

What they invest in

from 40 of 58 portfolio companies

SaaS ×19AI & Machine Learning ×14Deep Tech ×8Fintech ×6Hardware ×6Enterprise Software ×5Climate Tech ×3Creator Economy ×3

HQs:Lithuania×9Estonia×2United Kingdom×2United States×2Brazil×1Canada×1

Investments · 58 tracked

founders shown can be your intro path

By year:2026 · 12025 · 32024 · 26 dated

Atrandi Biosciencesatrandi.cominFeb 2025 · $25M✓ verified

Atrandi makes Flux, a device that isolates thousands to hundreds of thousands of individual cells simultaneously into semi-permeable capsules for downstream genomic and microbial analysis.

AI & Machine LearningBiotechDeep TechHardwareVilnius, LT

Co-investorsGRIDS CapitalMetaplanetLux CapitalVsquared Ventures

Chaseitchaseit.aiin✓ verified

Debt collection solution optimizing recovery rates and legal compliance.

AI & Machine Learning

Co-investorsFirstpick

Handwavehandwave.cominAug 2025✓ verified

Handwave develops hand palm biometric identification technology for secure personal identification.

AI & Machine LearningCybersecurityDeep TechFintechHardwareRetail TechRiga, LT

Co-investorsInovo VCFirstpickOutlast Fund

Adduplexadduplex.com
Adtargetadtarget.mein

Adtarget provides a suite of marketing and advertising technology tools, including a marketing management platform, affiliate marketing software, ad server, self-service ad platform, SSP, DSP, and ad tracker.

AdTechMarketing TechSaaS

Amlyzeamlyze.comin𝕏

AMLYZE provides automated transaction monitoring software that detects suspicious activity and financial crimes in real-time for banks, fintechs, and payment providers.

AI & Machine LearningCybersecurityEnterprise SoftwareFintechSaaSVilnius, LT

Gabrielius Erikas BilkštysAlexandre PinotJekaterina GovinaMindaugas Petrauskas

Co-investorsFirstpick

Auroraptaurorapt.fiin𝕏

Aurora develops plug-and-play propulsion and end-of-life deorbiting systems, including ARM thrusters and Plasma Brake tethers, for CubeSats and SmallSats up to 300kg.

Deep TechHardwareSpace Tech

Co-investorsKluz Ventures

Billobillo.appin𝕏

Billo is a creator marketing platform that combines video ad production and performance data, letting brands and agencies find vetted creators, generate data-led briefs, and produce and scale creator ads.

AdTechCreator EconomyMarketing Tech

Biomatterbiomatter.ai

Creating proteins for health and manufacturing

Vilnius, LT

Donatas Repečka(Founder)

Co-investorsInventureMetaplanet

Breezitbreezit.com

Co-investorsBADideas.fund

CGTradercgtrader.comin𝕏

CGTrader is a global marketplace where 3D designers sell digital models to creators and enterprises in film, gaming, architecture, and 3D printing industries.

Creator EconomyGamingMarketplacesVilnius, LT

Marius Kalytis(Founder)in

Co-investorsEvli Growth PartnersKarma VenturesIntel Capital

Eanyeany.ioin

Eany is a B2B wholesale sourcing platform that connects retailers and e-commerce sellers with verified EU suppliers, offering product discovery, direct purchasing at wholesale prices, and logistics coordination.

B2B MarketplacesE-commerceLogistics & Supply ChainSaaSVilnius, LT

Co-investorsMarket One Capital

Eddy Travelseddytravels.comin𝕏

Eddy Travels is an AI-powered chatbot that helps users find flight and accommodation offers across multiple travel platforms using natural language processing.

AI & Machine LearningTravel & HospitalityToronto, CA

Edmundas Balcikonis(Co-Founder & CEO)Pranas Kiziela(Co-Founder & CTO)Adomas Baltagalvis(Co-Founder & CMO)

Co-investorsTechstars

Edurioedurio.comin𝕏

Edurio provides a stakeholder survey and feedback platform that collects input from pupils, parents, and staff, and measures impact against educational benchmarks.

EdTechSaaS

Enebaeneba.comin𝕏

Eneba is a digital entertainment marketplace offering games, DLCs, in-game currencies, gift cards, and top-ups at discounted prices from verified sellers.

E-commerceGamingMarketplacesNot specified

VytisZygisVytis Uogintas(Founder)inŽygimantas Mikšta(Founder)in

Co-investorsInreach VenturesFJ Labs

Evergrowthevergrowth.cominFeb 2024 · $2M

Evergrowth provides AI agents for B2B research, lead qualification, and copy generation, built with enterprise-grade security and compliance controls for sales and marketing teams.

AI & Machine LearningSaaSSales Tech

Co-investorsChange VenturesFirstpickImpellent Ventures

Favrofavro.comin

Favro is a collaborative planning and project management tool where teams organize work across multiple boards, sheets, roadmaps, and dashboards in one place, with real-time document editing and workflow automation.

Developer ToolsFuture of WorkSaaS

GRIDS Capitalgridscapital.com

Grids Capital is a venture capital firm that invests in deep tech companies across sectors such as artificial intelligence, robotics, aerospace, energy, life sciences, and advanced materials.

Deep TechSão Paulo, BR

Heischoolsheischools.comin𝕏

HEI Schools licenses a Finland-inspired early education model to school owners and operators, providing curriculum, teacher training, and setup support to open or transform nurseries, kindergartens, and K12 schools.

EdTech

InSoilinsoil.comin𝕏

InSoil provides mid-term debt capital and lending to agricultural SMEs across Europe, with a focus on sustainable agriculture financing.

AgTechClimate TechFintechVilnius, LT

Co-investorsPollen Street CapitalFirstpick

Interactiointeractio.comin𝕏

Interactio provides remote simultaneous interpretation software for meetings and conferences, enabling real-time multilingual communication across on-site, hybrid, and remote setups.

AI & Machine LearningEnterprise SoftwareSaaS

Henrikas Urbonas(Co-founder)Simona Andrijauskaite(Co-founder)Domas Labokas(Co-founder)

Co-investorsChange VenturesCoinvest CapitalKima VenturesLitBANMetaplanetNotion Capital+1 more

Kopakopa.coin𝕏Jun 2026Defunct

A platform where users can search for furnished short-term rentals, match with compatible roommates, and complete bookings and payments online for stays of 1 to 12 months.

MarketplacesPropTechSan Francisco, US

Zach Waterfield(Founder)in

Co-investorsY CombinatorInovia Capital

Manodaktarasmanodaktaras.lt
Metaplanetmetaplanet.comin

Metaplanet is a venture capital and grant-making firm that invests in and funds deep technology projects expected to deliver long-term positive impact on humanity, including work addressing existential risks from advanced technologies and AI.

AI & Machine LearningClimate TechDeep TechImpact & Social Good

Jaan Tallinn(Founder)

Mobassurancemobassurance.com
Montoniomontonio.comin

Montonio provides a unified platform for online merchants to manage checkout, payments, shipping, refunds, and post-purchase operations in one system.

E-commerceFintechSaaSTallinn, EE

Kristofer Turmen(Founder)inRasmus Õisma(Founder)inKarel Nappus(Founder)inMarkus Lember(Founder)in

Co-investorsIndex VenturesSuperAngelFf Venture CapitalGorilla CapitalSpecialist VCTera Ventures

N Avionicsn-avionics.comin𝕏

Kongsberg NanoAvionics is a small satellite (smallsat) manufacturer, part of the Kongsberg group, with operations in Lithuania, the US, and the UK.

Deep TechHardwareSpace TechVilnius, LT

Neematicneematic.com
Omeome.health𝕏

Ome Health provides a platform for health and nutrition professionals to monitor client progress using smart device data, food logs, and app interactions, with built-in chat, audio, and video communication.

Digital HealthSaaSWellness & Fitness

Co-investorsInventure

Ovokoovoko.com

Co-investorsMarket One Capital

Oxipitoxipit.ai

Co-investorsCoinvest Capital

Pipelinepharmapipelinepharma.comin

Pipeline Pharma provides a database and intelligence platform for pharmaceutical companies to analyze competitive landscapes, regulatory pipelines, and sourcing opportunities across drug molecules and therapeutic areas.

B2B MarketplacesBiotechData & InfrastructureEnterprise SoftwareFintechHealthtech

Co-investorsRockstartIron Wolf Capital

Placeiliveplaceilive.com
Platecultureplateculture.com
PVcasepvcase.comin𝕏

PVcase provides cloud-based and AutoCAD-based software for solar energy project development, including tools for site selection, utility-scale ground-mount and rooftop solar design, and energy yield modeling.

CleantechEnergySaaSSector Agnostic

David Trainavicius(Co-founder & CEO)inDoug Geist(Co-founder & Chief Commercial Officer)inMelissa Nussbaum(CFO & COO)in

Co-investorsContrarian VenturesEnergize CapitalHighland Europe

Qminderqminder.comin𝕏

Qminder is a B2B SaaS company that provides queue management software, letting customers sign into queues via on-site tablets or remotely and enabling staff to call visitors by name while tracking customer service metrics.

AI & Machine LearningEnterprise SoftwareRetail TechSaaS

Co-investorsBADideas.fundMetaplanet

Royalty Rangeroyaltyrange.comin

RoyaltyRange provides curated comparables databases and benchmarking tools for transfer pricing, IP valuation and related tax analyses.

Co-investorsPresto VenturesZGI-4Trind Ventures

Rubedosrubedos.com

Rubedos designs and develops image processing software for 3D object identification, classification, and pose estimation over short indoor distances, using a stereo vision approach combined with a 3D object model library.

AI & Machine LearningDeep TechRobotics

Sentantesentante.com

Sentante builds an endovascular surgical robot with haptic force feedback that lets clinicians perform vascular interventions remotely from an X-ray-free control suite, protecting staff from radiation exposure.

HealthtechMedical DevicesRobotics

Sintrasintra.aiin𝕏Jun 2025 · $17M

Sintra is a platform offering role-based AI "employees" — chatbot-style digital workers that handle tasks like social media, customer support, email, content creation, and business operations.

AI & Machine LearningFuture of WorkSaaS

Chris Sidlauskas(Founder)in

Co-investorsEarlybird Venture CapitalInovo VCInsiders Ventures

Softnetasoftneta.comin𝕏

Softneta provides a certified, web-based, vendor-neutral DICOM PACS viewer and connectivity solutions that can be white-labeled and integrated by medical software vendors and OEMs.

Digital HealthHealthtechMedical Devices

Sonarworkssonarworks.cominFeb 2024

Sonarworks develops audio personalization technology and sound correction software for music creators, recording studios, and consumer listeners.

AI & Machine LearningConsumerCreator EconomyHardwareSaaSRiga, LV

Martins PopelisHelmuts BemsInguna Kronberga(Executive Officer)

BoardGeoffrey Baehr(Director)Kristjan Laanemaa(Director)in

Co-investorsKarma VenturesPerot JainSpecialist VCAlmaz CapitalSuperAngelTrind Ventures

Spike Technologiesspikeapi.comin𝕏Acquired

Spike offers a single API that connects to 500+ wearables, IoT medical devices, EMR/EHR systems, and lab reports, delivering normalized health data for developers building AI-powered health applications.

AI & Machine LearningData & InfrastructureDigital HealthSan Francisco, US

Stepan K(Founder)

Co-investorsGeek VenturesHeartfelt CapitalTheVentureCity

Tableairtableair.comin𝕏

TableAir provides a workplace management platform for hybrid offices, letting employees book desks, meeting rooms, parking spots, and remote workdays in a single solution.

Future of WorkPropTechSaaS

Trackducktrackduck.com𝕏
Trafitrafi.cominacquired by Enghouse Systems

Trafi develops a Mobility-as-a-Service (MaaS) platform that provides multi-modal journey planning and ticketing for cities across Europe.

Climate TechGovTechMobility & TransportationSaaS

AlgimantasJurgisMantasMartynas

Co-investorsBaltCapEBRD Venture Capital Investment ProgrammePresidio Venturesoctopus investments

Transfer Gotransfergo.comin𝕏

TransferGo is a financial platform that enables money transfers and financial services for people and businesses across borders, serving expatriates, freelancers, and international users in over 160 countries.

ConsumerEnterprise SoftwareFintechSaaSLondon, GB

Co-investorsBootstrap EuropeSmart Partnership CapitalTaiwania CapitalRevo Capital

Tvctvc.lt
Vsquared Venturesvsquared.vc

Vsquared Ventures is a venture capital firm that invests in deeptech startups, backing companies tackling significant technological risks.

Deep TechMunich, DE

Co-investorsBLN CapitalKfW CapitalPRIMEPULSE SE

Watalookwatalook.comin

Watalook provides a virtual client card system that stores customer information such as visit history, frequency, turnover, cancellations, favorite products, photos, and birthdays.

Marketing TechSaaSSales Tech

Webrobotswebrobots.io

Web Robots offers B2B web crawling and scraping services, including a fully managed service that builds and maintains scrapers to deliver data to a customer's database or API, and a JavaScript-based SaaS scraping IDE for writing custom robots.

Data & InfrastructureDeveloper ToolsSaaS

Widerfiwiderfi.com
Woodworkforinventorwoodworkforinventor.comin𝕏

Woodwork for Inventor is a CAD/CAM software add-on for Autodesk Inventor used to design, document, and CNC-program custom furniture.

Advanced ManufacturingHardwareSaaS

Xyloxylo.com
Zeroparallaxzeroparallax.se

ZeroParallax builds wide-angle 180° thermal imaging sensors and the ZeroFlow data-fusion platform, which combines thermal, visual, weather and load data into deterministic, auditable asset-health insight for preventive maintenance.

AI & Machine LearningEnergyIoT

Ziticityziticity.com

Exits · 1

IPOs and acquisitions across the tracked portfolio

Trafiacq. by Enghouse Systems

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Practica Capital made?
Practica Capital has 8 tracked investments, including 1 dated in the last 24 months.
What stage does Practica Capital invest at?
Practica Capital invests at the Pre-Seed, Seed, Series A stages.
What is Practica Capital's typical check size?
Practica Capital typically writes checks of $324K – $3.2M.
What sectors does Practica Capital focus on?
Practica Capital focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Consumer, Crypto & Web3, Cybersecurity, Data & Infrastructure, Defense Tech, E-commerce, EdTech, Enterprise Software, Fintech, Gaming, Healthtech, Marketplaces, Media & Entertainment, Retail Tech, SaaS, Sector Agnostic, Space Tech.
Where is Practica Capital located?
Practica Capital is headquartered in Vilnius, LT.
Does Practica Capital lead rounds?
Practica Capital typically participates in rounds rather than leading them.
Who does Practica Capital co-invest with?
Practica Capital most often shares deals with Contrarian Ventures, Energize Capital, Highland Europe, among 12 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect - 521 - Donatas Keras of Practica Capital

Hall Martin · Donatas Keras

Images

Practica Capital photoPractica Capital photo

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