Top 5 Venture Capital Firms in Vilnius in 2024

The venture capital ecosystem in Vilnius has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in Vilnius investing across various sectors and industries.

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5 Venture Capital Firms in Vilnius

1) 70V

With more than 50+ companies in their portfolio, 70V invest in high-growth B2B SaaS companies.

Details of the VC firm:

• Country: Lithuania
• City: Vilnius
• Started in: 2018
• Founders: Per Møller, Gytenis Galkis, Jean-Baptiste Daguene
• Industries: SaaS, Marketplace, Enterprise
• Stages: Seed, Pre-Seed
• Number of investments: 54
• Number of exits: 2
• 3 remarkable investments: Sumup, Whatagraph.Com, Qoorio

You can find their website here.

You can send them an email at hello@70v.com.

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2) Practica Capital

Practica backs Baltic entrepreneurs primarily in the seed stage.

Details of the VC firm:

• Country: Lithuania
• City: Vilnius
• Started in: 2011
• Founders: Silvestras Tamutis
• Industries: Fintech, Supply Chain & Logistics, Travel & Hospitality, Healthcare, Proptech & Real Estate, Robotics, SaaS, InsurTech, Education, E-Commerce, AI & ML, Aerospace & Space, Agriculture, Advertising
• Stages: Seed, Series A, Growth
• Minimum check size: €200,000
• Maximum check size: €2,000,000
• Number of investments: 45
• Number of exits: 10
• Funds raised: €46,000,000
• 3 remarkable investments: Eneba, Billo, TransferGo

You can find their website here.

You can send them an email at info@practica.vc.

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3) Contrarian Ventures

Contrarian Ventures is an early-stage European venture capital investing in climate tech.

Details of the VC firm:

• Country: Lithuania, United Kingdom, Netherlands
• City: Vilnius, London, Amsterdam
• Started in: 2017
• Founders: Marc Wesselink, Nityen Lal, Ori Glezer, Rokas Peciulaitis, Tom Bronfeld
• Industries: Transportation, Climate & Sustainability, Energy
• Stages: Pre-Seed, Seed, Series A, Series B, Early Stage
• Minimum check size: €500,000
• Number of investments: 19
• Number of exits: 2
• Funds raised: €101,000,000
• 3 remarkable investments: Pvcase, Voltaware, H2Pro

You can find their website here.

You can send them an email at info@cventures.vc.

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4) Open Circle Capital

Open Circe Capital is a Lithuanian investment firm providing funds to tech companies in ICT, robotics and high-tech niches.

Details of the VC firm:

• Country: Lithuania
• City: Vilnius
• Started in: 2017
• Founders: Audrius Milukas
• Industries: Deep Tech & Hard Science, Robotics, AI & ML, Hardware, IoT, E-Commerce, Fintech, Healthcare, Life Sciences
• Stages: Early Stage
• Minimum check size: €100,000
• Maximum check size: €500,000
• Number of investments: 16
• Number of exits: 2
• 3 remarkable investments: Monimoto, Paysolut, Frontu

You can find their website here.

You can send them an email at hello@opencirclecapital.lt,.

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5) Iron Wolf Capital

Iron Wolf Capital is a seed-stage Baltics VC firm focusing on AI, IoT, SaaS, deep tech, fintech and marketplaces sectors.

Details of the VC firm:

• Country: Lithuania, United Kingdom
• City: Vilnius, London
• Started in: 2018
• Founders: Žygimantas Susnys
• Industries: AI & ML, IoT, SaaS, Deep Tech & Hard Science, Fintech, Marketplace
• Stages: Seed, Series A
• Minimum check size: €250,000
• Maximum check size: €2,000,000
• Number of investments: 15
• 3 remarkable investments: Millo, Monimoto, Sprana

You can find their website here.

You can send them an email at info@ironwolfcapital.com.

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