SFV is the Baltics pre-seed cleantech VC fund. Investing in Energy, Mobility, Industry & Novel Materials, Agtech & Foodtech + wider cleantech.

Waiting for Startups with: Prototype, founder-level
Fields of interest: Cleantech in general, Energy, Mobility, Materials, Industry, Agtech, Foodtech
Fund range per team: 500000-3000000
Investment conditions: Equity, SAFE, convertible
Market focus: Baltics

Dual-Use Tech VC Fund & Accelerator with one of a kind in the region dual use pre-accelerator and accelerator programs. The programs identify technologies aligned with NATO emerging and disruptive technologies (EDTs) and provide pathways toward strategic partnerships, technology development, and funding opportunities, with access to both markets and networks in Europe and the United States.

We concentrate on supporting pre-seed and seed-stage dual-use startups led by pioneering individuals and teams. Our primary interest lies in backing those committed to research and development, aiming to tackle intricate technical issues that have substantial prospects for commercial deployment in the defense and security sectors. These startups are characterized by their ambitious drive for rapid growth and their dedication to resolving critical challenges in these crucial areas.

Waiting for Startups with: Various stages
Fields of interest: Dual Use
Benefits for Startups: Investment, one of a kind in the region dual use incubation and acceleration programs with partners from US, NATO and EU, mentorship, community, networking
Fund range per team: 50K - 1M Eur
Investment conditions: Equity
Market focus: Lithuania and other NATO countries

Estonian 55m fund, investing in early-stage European startups with Consumer and Community components (marketplaces, consumer tech and B2B companies with Product Led Growth strategy). Investment team of 8 people, based in Estonia, Finland and Germany.

Waiting for Startups with: Consumer and Community components, and at least MVP with initial traction
Fields of interest: Marketplaces, B2C, B2B2C, B2B companies with PLG strategy
Benefits for Startups: We can offer mentorship and network
Fund range per team: 100k-1m initial ticket, follow-on capacity of up to 5m per team
Investment conditions: Equity and convertible notes
Market focus: We invest all over Europe, with Baltics and Finland being our core regions

About: Unicorns Lithuania is Lithuania’s startup founder association, bringing together more than 110 technology startups that altogether account for more than half of the sector’s workforce. The association has a clear vision: to make the country “the best place in the world for startup unicorns”. To achieve this vision, Unicorns Lithuania also follows a strategic goal: to grow the ecosystem 3 times by 2025 compared to 2020. 

Key areas: Community Building; Highlighting the value of startups for innovation and economic growth; Enhancing domestic talent and attracting global expertise; Promoting transformative initiatives in education and business.

Mission. To mobilize and encourage startups and the public to build the future of Lithuania - a successful modern country based on a high value-added economy.

 

Startup Lithuania created a training program Startup Guide Pre-accelerator

The Startup Guide Pre-accelerator is designed for early-stage startup founders looking to kickstart their startup development. No matter if you have just a few or a thousand questions when it comes to building a successful startup and attracting your first investment, we will help and guide you through the process. 

In this virtual training program, you'll gain valuable knowledge on:
  • Refining your existing idea and creating a compelling value proposition.
  • Choosing the right business model for success.
  • Selecting target markets for your product.
  • Testing your product with potential customers and partners.
  • Attracting investment and expanding into new markets, and much more!

Best of all, upon program completion, you'll receive a certificate to showcase your newfound skills. 

Let's start the program here

Orion Ventures is a Lithuanian corporate venture capital fund investing in early stage startups. It was established as an employee fund by investment banking firm Orion Securities in 2021. When evaluating start-ups, the team of Orion Ventures draws on their experience in corporate finance and investing, which has accumulated over nearly 30 years of operations. The experienced team thoroughly evaluates all financial indicators and takes the time to analyse the market and dig deep into the start-up’s plans. They are looking for ambitious teams and companies with strong background in technology to invest in and work with.

Waiting for Startups with: MVP
Fields of interest: Sector agnostic
Benefits for Startups: Help with M&A and capital raising
Fund range per team: 20000-50000
Investment conditions: Equity, convertible note
Market focus: Agnostic

VNTRS (Ventures) is a digital consulting and pre-seed investment company that bridges the gap between digital product development and technology investments. We specialize in supporting early-stage tech companies, particularly those in the pre-seed and seed stages, by offering expertise in tech, growth, design, and business development. VNTRS is distinct for reinvesting parts of their fee for equity in selected companies, becoming shareholders and long-term partners, and currently boasts a diverse investment portfolio of over 30 early-stage tech companies.

Waiting for Startups with: MVP, first income, growth
Fields of interest: SaaS and tech
Benefits for Startups: Access to senior talent, growth, networks
Fund range per team: 30-300K
Investment conditions: Sweat Equity 1-5%
Market focus: New Nordics

Digital East Fund (DEF) is one of the leading early-stage focused venture capital investors in Europe, investing in tech startups with global ambitions and roots in Emerging Europe. With over $550m committed capital, DEF seeks to back the most ambitious startups from Emerging Europe in capturing large global markets as category leaders. DEF team’s investment track record includes some of the multi-billion dollar successes emerging from the region, including UiPath, Payhawk, and Trendyol.

Waiting for Startups with: No threshold
Fields of interest: Sector-agnostic (except for biotech)
Benefits for Startups: In-house talent sourcing team dedicated to our portfolio companies
Fund range per team: Flexible ticket size from a few hundred thousands up to ten million first checks
Investment conditions: No conditions
Market focus: CEE and Turkey

Black Pearls VC is an early-stage venture capital firm focused on supporting the leading tech companies from the Baltic Sea Region. It invests in early stages with a typical ticket of between €100k - €1m. Black Pearls VC is a part of the Kauffman Fellows, a global network of 700+ leading VCs. The fund's investments include Autenti, Telemedi, Enso, eAgronom, Ondato, heavyFinance, Traxlo, and the unicorn GoCardless.

Waiting for Startups with: Prototype/MVP, solid team, happy to see early traction
Fields of interest: Digital Health, Enterprise Software, Fintech, Future of Work, Deep Tech
Benefits for Startups: Hands on support, expansion opportunities, connections to enterprise customers, access to Kauffman Fellows network
Fund range per team: €100k-€1M 
Investment conditions: Equity, CN
Market focus: Baltic Sea Region

Simpact is the first VC investment fund in Poland based on the Impact Investing idea. For 5 years, we have been successfully investing in startups that create innovative technologies that solve the problems of the modern world. As part of the Simpact 1.0 fund, we supported 26 innovative projects. We are currently investing under the Simpact 2.0 fund with a total capitalization of PLN 100 million, supported by the European Investment Fund.

Fields of interest: Sector agnostic

Waiting for Startups with: Strong impact, Scalability, Strong team, Exit possibility

Benefits for Startups: Investment, Community, Networking

Fund range per team: 500k - 2M

Investment conditions: Equity, Convertible notes, SAFEs

Market focus: CEE