Practica Capital
Venture capitalVilnius · Pre-Seed–Series A · 7 people tracked
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.
Team · 7 people
from the firm's website & public directoriesWhat they invest in
from 29 of 56 portfolio companiesSaaS ×14AI & Machine Learning ×7Deep Tech ×4Hardware ×4Creator Economy ×3E-commerce ×3Healthtech ×3Marketing Tech ×3
HQs:Lithuania×5Estonia×2Canada×1Finland×1United Kingdom×1Latvia×1
Investments · 56 tracked
founders shown can be your intro pathCompliance solution to combat financial and white-collar crime.
Creating proteins for health and manufacturing
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)
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
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)
Metaplanet is an evergreen investment firm that backs deep-tech and mission-driven companies working on humanity's long-term survival and positive impact.
Deep TechImpact & Social Good
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
Pipelinepharma operates a B2B platform and database of EU CTD dossiers and finished dosage formulation products, helping pharmaceutical buyers discover products and connect directly with qualified manufacturers and suppliers.
B2B MarketplacesBiotechHealthtech
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
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
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)
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
Woodwork for Inventor is a CAD/CAM software add-on for Autodesk Inventor used to design, document, and CNC-program custom furniture.
Advanced ManufacturingHardwareSaaS
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
Exits · 1
IPOs and acquisitions across the tracked portfolioTrafiacq. by Enghouse Systems
Frequently asked questions
- 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.
Media · Podcasts & interviews
featuring the teamInvestor Connect - 521 - Donatas Keras of Practica Capital
Hall Martin · Donatas Keras
Images
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