| Date | Title | Description |
| 02.03.2026 | 22+ Communities Powering the Baltic AI Ecosystem | Riga, Tallinn, Vilnius, Estonia, Latvia, Lithuania ~
Company:
Baltic startups raised €607M in 2025, up from €505 million in 2024 — led by large AI-related rounds such as Cast AI and Pactum. This reflects both increased capital inflows and s... |
| 12.02.2026 | Baltic startup funding surged to €607 million in 2025 as early-stage investment expands | Baltic startup funding rose in 2025, with total venture capital deployed in Lithuania, Latvia, and Estonia startups reaching €607 million, up from €505 million in 2024.
The details of this trend are unpacked in the newly released annual Bal... |
| 01.08.2025 | Handwave raises $4.2 million seed to launch privacy-first biometric payments | Handwave, a next-generation biometric startup founded in Latvia, has raised $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US.
The round includes backing from regional investors, led by... |
| 20.11.2024 | Qminder's €3M Seed Funding: A New Era in Service Flow Management | In a world where customer experience reigns supreme, Qminder has emerged as a beacon of innovation. The Estonian startup recently secured €3 million in seed funding, a significant boost that promises to reshape service delivery in physical ... |
| 19.11.2024 | Qminder Secures €3M Seed Funding to Revolutionize Service Flow Management | Qminder's team
As businesses strive to improve customer experiences post-COVID, Qminder leads with solutions that streamline in-person service and boost customer satisfaction.
Simply put, Qminder provides speed and order in service and numb... |
| 04.06.2024 | Healthtech startup Spike secures $3.5M Seed funding | Lithuanian B2B data tech startup Spike has successfully closed an oversubscribed $3.5 million Seed.
Spike offers healthcare and digital health businesses a solution for safely, efficiently, and compliantly incorporating AI into their applic... |
| 22.02.2024 | Lithuanian Evergrowth secures $2.2M in one of the largest pre-Seed round in the Baltics | Lithuanian Evergrowth secures $2.2M in one of the largest pre-Seed round in the Baltics
22 February, 2024, 10:48
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Evergrowth,... |
| 01.02.2024 | Practica Capital closes €80M fund for early-stage investments in the Baltics | Practica Capital closes €80M fund for early-stage investments in the Baltics
01 February, 2024, 10:49
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Vilnius-based Practica Capita... |
| 01.02.2024 | Lithuania’s Practica Capital closes its third fund at €80M, looks to back early-stage Baltics founders | Read this article in:
Vilnius-based Practica Capital, a venture capital firm dedicated to backing Baltic founders, announced the final closing of its third vintage and largest fund to date, Practica Venture Capital III, at €80M.
Practica Ve... |
| 01.02.2024 | Practica Capital closes largest seed fund in Baltics at €80M | Vilnius-based Practica Capital has today announced the final close of its latest fund at €80 million. The firm’s third fund is more than twice the size of its predecessor and lays claim to the title of largest seed fund in the Baltics.
Oper... |
| 21.12.2023 | Lithuanian medtech Sentante secures €6M in a Seed round led by Practica Capital | Lithuanian medtech Sentante secures €6M in a Seed round led by Practica Capital
21 December, 2023, 12:11
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Kaunas-based pionee... |
| 28.11.2023 | Lithuanian Event Planning Facilitator Breezit Will Use USD 2M of Investment to Expand Further in the US and Leverage AI for Product Development | Vilnius-based event planning marketplace Breezit attracts USD 2M of Pre-Seed investment The platform successfully expanded geographically – to the Californian market, as well as functionally – from weddings to other private event types The ... |
| 07.06.2023 | Lithuania's thriving startup ecosystem is far more than fintech with thriving unicorns and changemakers aplenty | Think Lithuanian startups and your first thought is fintech companies. After all, the country is home to over 280 fintech companies, so there are many reasons to call it the leader of fintech in the Baltics.
But its most successful business... |
| 20.05.2023 | Lithuanian RegTech startup AMLYZE raise $1M | AMLYZE, a leading RegTech firm specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, has successfully concluded a $1 million pre-seed investment round.
AMLYZE is a Vilnius, Lithuania-based Software-a... |
| 18.05.2023 | Lithuanian regtech AMLYZE raises $1M pre-seed round | Lithuanian regtech AMLYZE raises $1M pre-seed round
18 May, 2023, 10:26
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Vilnius-based firm AMLYZE, specializing in anti-financi... |
| 18.05.2023 | Lithuania's Amlyze raises $1 million to help its fight against financial crime | Vilnius-based regtech firm Amlyze provides an anti-financial crime solutions for fintechs, neo-banks and crypto businesses. With its main customer base in the Baltics and the UK, funding in the form of a pre-seed investment round will prime... |
| 29.03.2023 | Lithuanian biotech Atrandi Biosciences raises €4.5M in Series A funding | Lithuanian biotech Atrandi Biosciences raises €4.5M in Series A funding
29 March, 2023, 12:37
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Vilnius-based emerging biotech... |
| 24.03.2023 | Lithuania's HeavyFinance ready to play the field in Europe with €3 million Seed round | Vilnius-based sustainable agri-finance marketplace HeavyFinance has raised a €3 million seed round to fuel an expansion and double its head count.
The round was led by VC firm Practica Capital.
HeavyFinance’s marketplace provides financing ... |
| 23.03.2023 | Lithuania-based HeavyFinance raises €3M to help farmers transition to sustainable agriculture | Lithuania-based HeavyFinance, a climate tech investment marketplace for the agricultural industry, announced on Thursday that it has secured €3M in a Seed round of funding.
The round was led by Lithuania’s Practica Capital, an early-stage v... |
| 23.03.2023 | Lithuanian HeavyFinance receives €3M in a seed round | Lithuanian HeavyFinance receives €3M in a seed round
23 March, 2023, 15:46
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Vilnius-based online marketplace that accelerates fi... |
| 26.01.2023 | Investor showcase: Practica Capital – early-stage VC fund focusing on Baltic founders | Practica Capital
has been nurturing the Baltic startup ecosystem for more than 10 years and sits proudly behind such global success stories as TransferGo, Trafi, and PVcase, among many others.
Recently ranked by Sifted
among the top early-s... |
| 20.01.2023 | Lithuanian medtech Oxipit closes a $4.9M funding round | Lithuanian medtech Oxipit closes a $4.9M funding round
20 January, 2023, 12:55
Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> -->
The Vilnius-based AI medical imaging company Oxipit ... |
| 26.12.2022 | Lithuanian beautytech Watalook raises €3M to help manage business in the beauty industry | Lithuanian beautytech Watalook raises €3M to help manage business in the beauty industry
26 December, 2022, 10:06
Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> -->
Vilnius-ba... |
| 15.11.2022 | Lithuanian startup ecosystem at Slush 2022 | From Cyber security solutions to gateways for blockchain payments, the Baltic nation is creating the hub to grow unicorns
Around 1000 startups, two unicorns, and record VC investment are just a few of Lithuania’s startup ecosystem achievem... |
| 01.03.2022 | 0100 Conference CEE Welcomes Top Regional and International VCs and PEs | 0100 calls LPs and investment professionals, as well as service providers and other professionals, to 0100 Conference CEE 2022 The event will take place on April 5-6th at Hotel NH Collection Prague Carlo IV A set investment thought leaders ... |
| 17.12.2021 | Favro partners with Practica Capital and Scale Capital to grow sales & marketing team in Vilnius | Favro partners with Practica Capital and Scale Capital to grow sales & marketing team in Vilnius Fri, Dec 17, 2021 15:20 CET
Collaborative planning platform Favro accelerates growth bringing more business agility to the future of workin... |
| 07.09.2021 | Locals share why Vilnius, Lithuania is becoming an international startup hub | There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. The country’s startup-friendly regulatory environment, a beautiful medieval town center, over 20 business hubs and accelerators a... |
| 25.05.2021 | Vilnius-based remote interpretation platform Interactio raises $30 million in Series A round | Lithuanian interpretation startup Interactio has raised $30 million in a Series A round led by Eight Roads Ventures and Storm Ventures. Practica Capital, Notion Capital, Change Ventures, and Angel Investors Jaan Tallinn and Young Sohn also ... |
| 29.03.2021 | CGTrader Poised to Grow Its 3D Asset Platform in Europe After €7.8M in Funding | CGTrader is a Lithuanian 3D asset marketplace for both creatives and businesses.
The company has its own, proprietary 3D visualization & Augmented Reality platform – ARsenal.
The company has recently earned €7.8M in financing to grow it... |
| 10.02.2021 | Lithuanian startup Droplet Genomics raises $1.2 million | Lithuanian startup Droplet Genomics raises $1.2 million
10 February, 2021, 10:41
Alexandra Minchuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Droplet Genomics, a Lithuanian biotech startup, ... |
| 21.01.2021 | Lithuanian Game Marketplace Eneba Has Taken the World by Storm, Looking to Expand With New $8M Funding | Eneba is a Lithuanian game marketplace that uses machine learning algorithms to protect its users from fraud, something that has plagued its competitors. The company is the fastest-growing company in its field and has recently accrued $8M i... |
| 27.12.2020 | Lithuanian gaming marketplace Eneba raises $8 million | Lithuanian gaming marketplace Eneba raises $8 million
27 December, 2020, 10:31
Alexandra Minchuk --> --> --> -->--> --> --> --> --> --> --> --> -->
Eneba, the world’s fastest-growing marketplace for... |
| 28.07.2020 | Estonian fintech Montonio raises €500K to compete with the traditional installment credit model | Tallinn-based fintech startup, Montonio announced on 24th July, 2020, that it has secured €500k in a pre-seeding round. The investors in this round include, Triin Hertmann and Martin Sokk (former COO and first head of product at TransferWis... |
| 24.04.2020 | Eddy Travels adds $912,000 CAD to pre-seed round to create features helping travellers during pandemic | Toronto-based Eddy Travels, which has created a virtual travel bot to help consumers find deals on flights and accommodation, has added $912,000 CAD (€600,000) to its pre-seed round. This addition brings the total capital raised in the roun... |
| 16.05.2019 | Sonarworks Secures 5 Million Euro in Series A Financing | European audio software innovator ‘Sonarworks
‘ announced that is has completed a 5 million Euro Series A round of financing. The financing was co-led by Karma Ventures
(Estonia) and Practica Capital
(Lithuania).
Sonarworks, which was found... |
| - | Biomatter Designs Raises €500k to Develop AI For Generative Protein Design
| Vilnius-born startup Biomatter Designs that pioneers the technologies for generative protein design, has raised €500,000 in seed funding led by Practica Capital, accompanied by 70V and angel investors. The raised capital will be used to fur... |
| - | Lithuanian Startup Billo Raises €2 Million in Seed Funding
| Billo has raised €2M in a Seed round of funding led by Practica Capital and Open Circle Capital. A group of established Angel investors has also participated in this round, including Mantas Mikuckas (COO at Vinted), Andrius Baranauskas (Dir... |
| - | “Startup Fair. Recharge 2021”: Meet Featured Investors
| We dedicated this year‘s “Startup Fair” to RECHARGE for a reason. Not only to share lessons learned but also to recharge and strengthen the disrupted connections. Networking makes a huge part of our event and one of the aims is to bring tog... |
| - | Biotech Startup Droplet Genomics Raises €1 Million From Practica Capital To Commercialize Droplet Microfluidics Technology
| Droplet Genomics, a Lithuanian biotech startup, has today announced that it has raised a total of €1M in a Seed funding round led by Practica Capital, with contribution from Angel investors.
Droplet Genomics is a Lithuanian biotech startup ... |
| - | Pipelinepharma Closes €1.3M Seed Round to Shift Pharmaceutical Dealmaking Online
| The European B2B pharmaceutical marketplace closed a venture seed round led by Practica Capital. Iron Wolf Capital, Pandos, and a group of angel investors also participated in the funding round.
Lithuania-based Pipelinepharma is a B2B pharm... |
| - | The Report of The Lithuanian Startup and Venture Capital Ecosystem Presented: The Region Has Created a Snowball Effect
| Venture capital investment in Lithuanian startups is reaching unprecedented heights this year. In 2021, the growth of Lithuanian venture capital investment is 2.2 times higher than the previous record set in 2018, reaching EUR 428 million. ... |
| - | Startup Fair B2B Matchmaking Starts Now!
| Startup Fair has just released a brand new B2B matchmaking tool that connects up-and-coming startups with the most promising investors. The ready-to-use matchmaker is open to the public and can be accessed here. Startup Fair invites startup... |
| - | Practica Capital Launches New Venture Capital Fund to Invest in the Baltic Ventures
| Practica Capital announces €22m first close of Practica Venture Capital II fund, which will invest in the Baltic innovation- and technology-driven ventures. Invega has committed €15m of public funds with the rest committed by Practica Capit... |
| - | Kyiv Pitch Battle for Startup Fair Winners Announced
| Happened on April 14th Kyiv Pitch Battle in UNIT.City was essential for four Ukrainian startups carefully hand-picked from 10 who participated at the event.
“Let’s Enhance”, AI-powered platform to process and generate images in one click, s... |
| - | Vilnius-based remote interpretation platform Interactio raises $30 million in Series A round | Lithuanian interpretation startup Interactio has raised $30 million in a Series A round led by Eight Roads Ventures and Storm Ventures. Practica Capital, Notion Capital, Change Ventures, and Angel Investors Jaan Tallinn and Young Sohn also ... |
| - | Medical Imaging Company Oxipit raises $1.7M Seed Round to bring AI into Clinical Radiology Practice
| Oxipit, the authors of ChestEye AI-powered radiology software suite is announcing today the close of a Seed funding round for $1.7 million co-led by Practica Capital, Koinvesticinis Fondas (Co-Investment Fund) and angel investors. The round... |
| - | Startup Fair 2018 Conference Agenda Announced!
| Startup Fair team is happy to announce the agenda for Startup Fair 2018 Conference. From the building blocks of entrepreneurial success to the VC opportunities in Baltics – in less than a month Startup Fair will be be hosting founders, inve... |
| - | Eddy Travels defies market trends in closing €1.1m Euro Pre-Seed Round
| Eddy Travels AI travel assistant has raised an additional 600,000 EUR investment, closing a pre-seed round of 1.1 million Euros. The round was led by Practica Capital VC fund, with participation from Open Circle Capital, Techstars Toronto, ... |
