Practica Capital is a dedicated Baltic venture capital (VC) investor focusing on investments in the Baltic (Lithuania, Latvia, Estonia) and Baltic-origin (e.g. Baltic diaspora) ventures in Europe.

Founded in 2011, the firm invests and follows on from €200k to €2m+ in seed, early (series A) and select growth stage ventures in lead and non-lead role focused on backing great teams behind the tech-driven businesses from the region across various industries and verticals. With 3 funds, €46m under management, over 45 investments and over 30 co-investments with local, regional and international investors to-date, Practica is one of the most active VC investors and syndicate partners in the Baltics.

It’s portfolio and exits include Trafi (world’s largest mobility as a service), TransferGo (one of the leading fintechs in Europe and beyond), CGTrader (world’s largest 3D model marketplace), NanoAvionics (one of the leading nanosatellite missions integrators in Europe exited to AST&Science), Gaudrė (leading Baltic lighting company exited to Würth).

Fields of interest: cross-industrial, tech-driven ventures. 

Waiting for startups with: (i) problem-solution-fit, team-solution-fit, minimum viable product, early traction in seed stage; (ii) product-market-fit, early growth in early/series A stage; (iii) business-model-fit, growth-/scale-fit in growth/series B. 

Benefits for startups: investment, experienced local team and established platform, active involvement when needed, advice, networking, community, local VC partner helping launch, develop and grow the business with regional, international, global ambition.

Funding range per team: from 200 000 to over 2 000 000 Eur. 

Investment conditions: equity-based investment.