🦊/Investors

Practica Capital

Venture capital

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

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1,240 people in our graph share verified history with the Practica Capital team — schools, employers, funds. One of them is your warm intro.

Birgitteunlockedknows Hans Ivar Robinson · together at APIM Therapeutics (overlapped)
×2knows the team · via SEB Enskilda
knows the team · via University of Amsterdam
×6knows the team · via Norwegian School of Economics (NHH)
×2knows the team · via University of Bergen (UiB)
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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
61
Acquisitions
2

Team · 9 people

from curated & public directories
Tomas Andriuškevicius· Partnerin

Founder mafia

2 people who came through Practica Capital went on to found or lead other companies.

What they invest in

from 44 of 61 portfolio companies

SaaS ×20AI & Machine Learning ×16Enterprise Software ×11Deep Tech ×8Fintech ×8Hardware ×7Climate Tech ×4Data & Infrastructure ×4

HQs:Lithuania×14Denmark×2Estonia×2Finland×2United Kingdom×2Sweden×2

Investments · 61 tracked

founders shown can be your intro path

By year:2026 · 12025 · 42024 · 22023 · 22022 · 12021 · 12020 · 112 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 CapitalLux CapitalMetaplanetVsquared Ventures

Billobillo.appin𝕏✓ verified

Billo is a platform that enables brands to create high-performing video ads by pairing creator content with performance data insights.

AdTechCreator EconomyDirect to ConsumerMarketing Tech

Donatas Smailys(CEO)

Co-investorsOpen Circle Capital

Chaseitchaseit.aiin✓ verified

Debt collection solution optimizing recovery rates and legal compliance.

AI & Machine Learning

Lukas Kairevicius(Founder)in

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

Tableairtableair.comin𝕏✓ verified

TableAir develops integrated smart workplace solutions including desk, meeting room, and parking booking applications, along with workspace sensors and displays designed for companies managing hybrid offices.

Enterprise SoftwareFuture of WorkPropTechSaaS

Lukas(Co-founder)Justinas(Co-founder)Giedrius Gervickas(CEO)

Adtargetadtarget.mein

AdTarget offers a retention platform designed to help businesses improve customer retention and engagement through targeted advertising and retention strategies.

AdTechMarketing TechSaaS

Amlyzeamlyze.comin𝕏May 2023 · $1M

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 BilkštysinAlexandre PinotinJekaterina GovinainMindaugas Petrauskasin

Co-investorsFirstpickCoinvest Capital

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

Biomatterbiomatter.ai

Creating proteins for health and manufacturing

Vilnius, LT

Donatas Repečka(Founder)in

Co-investorsInventureMetaplanetUVC Partners

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

Dropletdroplet.ioin𝕏Jan 2021

Droplet is a software platform that enables organizations to digitize and automate manual processes through online forms, workflow automation, electronic signatures, and document storage capabilities.

EdTechEnterprise SoftwareGovTechSaaS

Mike Rowland(Founder)in

Co-investorsFairhaven Capital PartnersBigfoot CapitalPelion Venture Partners

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

Mindaugas Apanavičius(Founder)in

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)inPranas Kiziela(Co-Founder & CTO)inAdomas Baltagalvis(Co-Founder & CMO)in

Co-investorsTechstars

Edurioedurio.comin𝕏

Edurio provides survey platforms that collect stakeholder feedback from pupils, parents, and school staff to help education leaders assess school climate, culture, engagement, and learning outcomes.

Data & InfrastructureEdTechEnterprise SoftwareSaaSUK, GB

Iona Kelliher(Managing Director)

Enebaeneba.comin𝕏Dec 2020 · $8M

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

ZygisVytis 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 collaboration and work management platform designed for teams to coordinate work across planning, communication, and task management.

Developer ToolsEnterprise SoftwareFuture of WorkSaaSSweden, SE

Hans DahlströmErik OlofssonPatric Palm

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

Handwavehandwave.euinAug 2025

Handwave builds palm-based biometric payment technology for retailers, enabling identity verification, age checks, loyalty program enrollment, and payment through a single hand scan.

FintechHardwareRetail Tech

Co-investorsFirstpickInovo VCOutlast Fund

HeavyFinanceheavyfinance.comin𝕏Mar 2023

HeavyFinance operates a crowdfunding platform where investors fund agricultural loans to farmers, starting from €100 per loan, and earn returns as farmers repay.

AgTechClimate TechFintech

Co-investorsBalnord Sp. z o.o.bValue Venture CapitalEuropean Investment Fund

Heischoolsheischools.comin𝕏

HEI Schools develops and licenses a play-based, research-backed early childhood education model rooted in Finnish pedagogical principles to kindergartens and preschools globally.

EdTechHelsinki, FI

Lasse Lipponen(Co-Founder)Pilvi Torsti(Founder)Milla Kokko(Co-Founder)Anne Rusanen(Co-Founder)Inkeri Aimonen(CEO)in

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 CapitalFirstpickEuropean Investment Fund

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 SoftwareFuture of WorkSaaS

Henrikas Urbonas(Co-founder)inSimona Andrijauskaite(Co-founder)inDomas Labokas(Co-founder)in

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

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)

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+1 more

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

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

Oxipitoxipit.ai

Oxipit develops AI software for medical imaging that helps radiologists analyze chest X-rays, CT scans, and musculoskeletal exams.

AI & Machine LearningDigital HealthMedical Devices

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

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 AgnosticVilnius, LT

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

Rubedo Sistemos develops AI-powered robotic solutions for logistics and material handling, including intelligent traffic management, autonomous guided vehicles, and disinfection systems.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareLogistics & Supply ChainMedical DevicesRoboticsKaunas, LT

Henrikas Simonavičius(Co-Founder and CEO)Dainius Karkauskas(Co-Founder and CFO)

Sentantesentante.com

Sentante develops a robotic system for endovascular interventions that enables surgeons to remotely control guidewires and catheters with tactile feedback and real-time imaging.

AI & Machine LearningHealthtechMedical 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

MedDream develops medical imaging visualization and communication software that enables healthcare professionals to process, visualize, and manage diagnostic data across medical specialties.

Digital HealthEnterprise SoftwareHealthtechMedical DevicesLithuania, LT

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 Popelis(Founder)inHelmuts Bems(Founder)inInguna 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

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 EuropeRevo CapitalSmart Partnership CapitalTaiwania Capital

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 SEOVNI CapitalRobin CapitalVsquared Ventures

Watalookwatalook.cominDec 2022

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

Justas Vitenas(Founder)in

Co-investorsbyFoundersCrosspringLaunchpad CapitalStartup Wise Guys

Webrobotswebrobots.io

Web Robots builds a web crawler platform that collects and processes large-scale data from websites for B2B customers.

Cloud ComputingData & InfrastructureDeveloper ToolsSaaSVilnius, LT

PaulTom

Woodworkforinventorwoodworkforinventor.comin𝕏

Woodwork for Inventor provides design software tools for furniture manufacturers working within Autodesk Inventor, addressing workflow gaps in the design chain for the woodworking and furniture industry.

Advanced ManufacturingDeveloper ToolsHardwareSaaS

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

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

555 Bryant StreetAdduplexAuris HealthBreezitManodaktarasMobassuranceNeematicOvokoPlaceilivePlatecultureTvcWiderfiXyloZiticity

Exits · 2

2 acquisitions · showing 1

Trafiacq. by Enghouse Systems

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Practica Capital made?
Practica Capital has 61 tracked investments, 2 of which have exited, including 5 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 Lux Capital, Contrarian Ventures, Highland Europe, among 14 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect - 521 - Donatas Keras of Practica Capital

Hall Martin · Donatas Keras

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