Practica Capital

An early-stage venture capital firm dedicated to supporting Baltic founders in the technology sector. Practica Capital has been investing exclusively in tech potential in the Baltic States for over 12 years, managing four funds with more than €130 million in assets under management. The firm focuses on backing great founders in their ambition in seed, selected pre-seed, and Series A stages, partnering with them as company builders.

Practica Capital's investment strategy is tailored for the seed stage and is equipped to deploy up to €3 million in initial tickets, supporting winning companies up to €8 million over the lifetime of the fund. The firm has a solid track record in SaaS, Marketplaces, and Deep/Industrial tech, with investments in over 70 companies, including emerging category leaders such as PVcase, TransferGo, Interactio, Montonio, Ovoko, Eneba, and others.

The firm has been recognized for its significant contributions to the Baltic startup ecosystem, closing its largest seed fund in the Baltics at €80 million in February 2024. This fund is more than twice the size of its predecessor and lays claim to the title of the largest seed fund in the Baltics. The fund has already deployed more than €10 million, backing companies like Heavy Finance, Sentante, Amlyze, and Breezit. The European Investment Fund (EIF) joined as a cornerstone investor, highlighting the growing interest and confidence in the Baltic venture capital landscape.