Fundraising Fox

Practica Capital

Venture capital

Vilnius · Pre-Seed–Series A · 7 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
AUM
$140M
Tracked investments
56

Team · 7 people

from the firm's website & public directories
Tim Vaino· Investment Manager

What they invest in

from 29 of 56 portfolio companies

SaaS ×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 path
Chaseitchaseit.aiin✓ verified

Debt collection solution optimizing recovery rates and legal compliance.

AI & Machine Learning

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.com

Compliance solution to combat financial and white-collar crime.

Auris
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

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

Breezitbreezit.com
CGTradercgtrader.comin

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)

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

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)

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.com𝕏

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

VytisZygis

Evergrowthevergrowth.com
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
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

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)

Manodaktarasmanodaktaras.lt
Metaplanetmetaplanet.comin

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

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

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

Ovokoovoko.com
Oxipitoxipit.ai
Pipelinepharmapipelinepharma.comin

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

Placeiliveplaceilive.com
Platecultureplateculture.com
PVcasepvcase.comin𝕏

Practica is presented alongside a portfolio of companies spanning biotech, solar software, marketplaces, fintech, and climate finance.

Sector Agnostic

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

Royalty Rangeroyaltyrange.com
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.aiin
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.comFeb 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)

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.com
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

Transfer Gotransfergo.comin𝕏
Tvctvc.lt
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.comin𝕏
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

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 team

Investor Connect - 521 - Donatas Keras of Practica Capital

Hall Martin · Donatas Keras

Images

Practica Capital photoPractica Capital photo

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