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Top 50 Software Startup Investors in Lithuania (May 2026)

The most active venture capital funds and angel investors investing in Lithuania Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Lithuania Software startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Practica Capital
VC Fund
24 Lithuania, United Kingdom, United States Seed, Series A Information Technology, Software, B2B $170k–$23M
Open Circle Capital
VC Fund
10 Lithuania, Canada, The Netherlands Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $54k–$7.2M
Iron Wolf Capital
VC Fund
7 Lithuania, Estonia, United Kingdom Seed, Pre-Seed, Series A Software, Infrastructure, Manufacturing $120k–$6.9M
Change Ventures
VC Fund
4 Estonia, Lithuania, United States Seed, Pre-Seed, Series A Software, Information Technology, Apps $107k–$3M
iTo
VC Fund
4 Lithuania Seed, Pre-Seed SaaS, AgTech, Security $321k–$589k
Koinvesticinis Fondas
VC Fund
4 Lithuania Seed, Pre-Seed, Angel Artificial Intelligence, Information Technology, Machine Learning $107k–$1.7M
Sistema_VC
VC Fund
3 United Kingdom, United States, Russian Federation Seed, Series A, Series B Machine Learning, Software, Artificial Intelligence $420k–$41M
Contrarian Ventures
VC Fund
3 Lithuania, United Kingdom, Estonia Seed, Series A, Pre-Seed Software, Information Technology, Energy $54k–$23M
Coinvest Capital
VC Fund
3 Lithuania Seed, Pre-Seed Information Technology, Gaming, Medical Device $311k–$1.6M
Justas Janauskas
Angel
3 Lithuania, Germany, United Kingdom Seed, Angel, Pre-Seed Pet, Aquaculture, Information Technology $86k–$4.3M
Renaldas Zioma
Angel
2 Finland, Ukraine, Lithuania Seed, Angel, Pre-Seed Artificial Intelligence, Manufacturing, Information Technology
Movens Capital
VC Fund
2 Poland, Germany, Lithuania Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $160k–$4.3M
European regional development fund (ERDF)
VC Fund
2 United Kingdom, Germany, France Grant, Pre-Seed Software, Information Technology, Artificial Intelligence $27k–$2.1M
Blockchain.com Ventures
VC Fund
2 United States, United Kingdom, Japan Series A, Seed Blockchain, Cryptocurrency, FinTech $1.6M–$19M
Cats.vc
VC Fund
2 Lithuania, Italy, Spain Seed, Pre-Seed, Series A Financial Services, Software, SaaS $225k–$9.1M
Mantas Mikuckas
Angel
2 Lithuania, United States Seed, Series A, Pre-Seed E-Commerce, Marketplace, Information Technology $375k–$7.1M
TMT Investments
VC Fund
2 United States, United Kingdom, Estonia Seed, Series A Software, SaaS, Social Media $200k–$10M
APX
VC Fund
2 Germany, United Kingdom, United States Pre-Seed, Seed Software, SaaS, Information Technology $54k–$3.4M
Darius Matuliauskas
Angel
2 Lithuania Angel, Pre-Seed Gaming, Internet, Software
Delta Investment
VC Fund
2 Series A Home Decor
European Bank for Reconstruction and Development
VC Fund
2 Turkey, United States, Russian Federation Debt Financing, Series A, Series B Financial Services, Banking, Finance $3.2M–$88M
Kima Ventures
VC Fund
2 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, E-Commerce, SaaS $250k–$12M
Vladas Lašas
Angel
2 Lithuania Seed, Angel, Pre-Seed Retail, SaaS, Fashion $288k–$536k
Pitchdrive
VC Fund
2 Belgium, United Kingdom, The Netherlands Pre-Seed, Seed, Series A Software, SaaS, Information Technology $75k–$2.7M
Presto Ventures
VC Fund
2 Czech Republic, Georgia, Lithuania Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$2.1M
BaltCap
VC Fund
1 Latvia, Lithuania, United States Seed, Series A, Series B Mobile, Information Technology, Apps
The Global Emerging Markets Group
VC Fund
1 United States, Switzerland, India Private Equity, Post-IPO Equity Blockchain, Biotechnology, Software $3.6M–$270M
Tele2
VC Fund
1 Lithuania Pre-Seed SaaS, AgTech, Security
EstBAN
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Angel Software, Information Technology, EdTech $193k–$1.5M
Flyer One Ventures
VC Fund
1 United States, United Kingdom, Cyprus Seed, Series A, Pre-Seed Software, Education, Artificial Intelligence $350k–$15M
Azur Games
VC Fund
1 Israel, Lithuania Series A, Corporate Round Gaming, Software, Mobile Apps
Linas Samuolis
Angel
1 Lithuania Angel Drones, Robotics, Aerospace
Rinat Ismagilov
Angel
1 Lithuania Drones, Robotics, Aerospace
Index Ventures
VC Fund
1 United States, United Kingdom, France Series A, Series B, Seed Software, E-Commerce, Internet $1.2M–$50M
Ventech
VC Fund
1 France, Germany, United States Series A, Series B Software, E-Commerce, Biotechnology $5M–$64M
Viremidos investicijos
VC Fund
1 Lithuania Pre-Seed FinTech, Blockchain, Cryptocurrency
Shift Capital
VC Fund
1 Lithuania Pre-Seed FinTech, Blockchain, Cryptocurrency
Wargaming
VC Fund
1 United States, Austria, Lithuania Series A, Series B, Pre-Seed Gaming, Information Technology, Apps $1.2M–$12M
Igor Matsanyuk
Angel
1 United States, Finland, Lithuania Seed, Angel, Series A B2B, Video Chat, Social Media Marketing $150k–$690k
Tesonet
VC Fund
1 United Kingdom Seed
AltaIR Capital
VC Fund
1 United States, Israel, Russian Federation Seed, Series A, Pre-Seed Software, SaaS, Information Technology $120k–$13M
D2 Digital Venture
VC Fund
1 Lithuania, United Kingdom Seed, Pre-Seed SaaS, Retail, Software
Mistletoe
VC Fund
1 Japan, United States, India Seed, Series A Information Technology, Software, Education $700k–$73M
Baltic Tech Ventures
VC Fund
1 Latvia, Lithuania Seed Apps, Software, Wearables
Donatas Dailide
Angel
1 Lithuania, Brazil Seed, Pre-Seed, Convertible Note SaaS, Sustainability, Cloud Infrastructure $288k–$288k
Notion Capital
VC Fund
1 United Kingdom, United States, Germany Series A, Seed, Series B Software, SaaS, Information Technology $578k–$42M
Angel Invest
VC Fund
1 Germany, United Kingdom, United States Seed, Pre-Seed, Series A Software, SaaS, Machine Learning $120k–$21M
Taver Capital Partners
VC Fund
1 United States, India, Latvia Seed, Series A Artificial Intelligence, Machine Learning, Software $1M–$6M
LETA Capital
VC Fund
1 United States, Russian Federation, Israel Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $300k–$9M
Launchpad Capital
VC Fund
1 United States, Lithuania Seed, Pre-Seed, Series B Financial Services, FinTech, Finance $268k–$6M
Access all 68 investors in Lithuania Software startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Practica Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 24 investments in Lithuania Software startups

Practica Capital

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Investment focus

  • Industry: Information Technology, Software, B2B
  • Stage:Seed, Series A
  • Geography: Lithuania, United Kingdom, United States

Investor stats

  • Total investments: 82
  • Round size: Seed $170k–$1.7M; Series A $2.1M–$23M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Favro — The #1 app making collaborative planning working at scale between teams for SaaS & Live Games companies. Agile team collaboration, smoother than ever.
  • AMLYZE — AMLYZE Risk Assessment Module is an automated customer AML/CFT Risk Assessment and Management feature for financial companies.
  • Atrandi Biosciences — Achieve your discoveries easier using high-throughput screening and droplet microfluidics. Create your own custom workflows for any R&D or academic applications.
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Open Circle Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 10 investments in Lithuania Software startups

Our Investment FocusWe are interested in technology companies in the fields of ICT, robotics and high-tech. We favor teams of professionals comprised or led by serial entrepreneurs with past growth, fundraising and/or exiting experience. We are looking for product building companies that would be high-potential, fast-growth, and ready toconquer foreign markets. Best time to talk us is just after first revenues in the company.Our investment approach1. It all starts with a conversation where we learn about you and your ambition. 2. In the space of few meetings we are targeting to decide whether to look further. 3. We'll discuss particular terms, ask for more information, and analyse further. 4. The legal part - we know everyone loves it, and, finally, we join your venture.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Canada, The Netherlands

Investor stats

  • Total investments: 15
  • Round size: Seed $54k–$1.2M; Pre-Seed $214k–$643k; Series A $5M–$7.2M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Monimoto — The smart tracker for motorcycles
  • Whatagraph — Connect, visualize, and share all of your marketing data in a single platform. Built for marketing agencies and in-house marketing professionals.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Iron Wolf Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 7 investments in Lithuania Software startups

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.

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Investment focus

  • Industry: Software, Infrastructure, Manufacturing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Estonia, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $321k–$1.9M; Pre-Seed $120k–$943k; Series A $4.6M–$6.9M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Speiz — Speiz is a platform that enables revenue generation and sales for companies through the renting of warehousing space.
  • Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
  • Repsense — Repsense is a data company that mimics user journeys and predicts reactions to content found in search results pages. any of the clients can use the Repsense Index to quickly assess their reputation and compare it to competitors across different geographies and user intents.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Lithuania Software startups, 7 in the past 12 months

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Lithuania, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $321k–$3M; Pre-Seed $107k–$2.1M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
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iTo
VC Fund · 4 investments in Lithuania Software startups

Digital transformation and outsourced development. Custom solutions or ready IT products. Business apps, outsourcing, webpages, design, user interface, mobile apps and systems.

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Investment focus

  • Industry: SaaS, AgTech, Security
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 4
  • Round size: Seed $321k–$589k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Frontu (formerly Tasker) — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
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Koinvesticinis Fondas
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 4 investments in Lithuania Software startups

The co-investment fund invests in start-ups and business start-ups with business angel groups or private venture capital funds.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Machine Learning
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Lithuania

Investor stats

  • Total investments: 12
  • Round size: Seed $268k–$1.7M; Angel $107k–$188k; Pre-Seed $214k–$386k
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Cogastro — Cogastro is a management system for insect farms. The software captures important data and tracks operations to assure traceability and improve farm efficiency
  • Contribee — An easy way to collect one-time and recurring donations from your fans. 0% fees for creators and many more features!
  • FOROS Green Invest Platform — FOROS is a platform for forest investing, co-founded by Justas Kaveckas and Tadas Palaima. The company plans to scale in the Baltic sea region and further on. The platform brings together forest owners and investors and offers tools to track the value of their assets based on live market data, simplifying what is typically a complex process. Usersare provided with an option to let FOROS manage the forest which includes sustainable logging of trees.
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Sistema_VC
VC Fund · Moscow, Moscow City, Russian Federation · 3 investments in Lithuania Software startups

Venture capital firm that backs growth-stage technology companies.

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Investment focus

  • Industry: Machine Learning, Software, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Russian Federation

Investor stats

  • Total investments: 32
  • Round size: Seed $420k–$4M; Series A $4.2M–$10M; Series B $8.4M–$41M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • NFWare — The World's Fastest Network Functions Virtualization. High-Performance NFV applications for carriers, data centers and enterprises
  • FinalPrice — New era in travel. Your search stops here and your savings begin! Private travel club for travel enthusiasts and professionals
  • KisanHub — KisanHub Agri-Food Supply Chain Software helps Producer Groups to transform their supply chain and improve margins with greater visibility and data driven insights. With all your supply and procurement data together in one convenient dashboard, you can better predict supply and make the most of demand. Choose from a suite of software modules thatwork seamlessly to provide fast access to crop progress, weather information, satellite imagery, stock levels and delivery schedules.
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Software startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Information Technology, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, Estonia

Investor stats

  • Total investments: 34
  • Round size: Seed $214k–$2M; Pre-Seed $54k–$2M; Series A $1.6M–$23M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 42 Watt — 42 Watt is an energy conservation consultancy which strives to reduce costs, save energy and protect the climate.
  • CHOOOSE — CHOOOSE builds digital tools so that everyone, anywhere, can easily integrate climate action into everyday life and business.
  • Vianova — Vianova is a platform for managing connected and shared mobility in the urban public realm. It helps cities better manage their urban space, starting with mobility services. Along with the benefits of new mobility solutions, cities face growing challenges as they integrate fast-developing modes of transportation. Its company's technology helpscities and mobility operators better collaborate and communicate, in order to foster more liveable and breathable streets.
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Coinvest Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Software startups, 7 in the past 12 months

CoInvest Capital invests in start-ups and companies undergoing business development and growth with groups of business angels.

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Investment focus

  • Industry: Information Technology, Gaming, Medical Device
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 9
  • Round size: Seed $311k–$1.6M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • WeSky — WeSky develops In-Seat power systems that allow airlines to provide enhanced In-flight experiences and operating efficiency.
  • ColibrisODM — We are one stop-shop for on-demand manufacturing services such as cutting, forming, welding, machining, coating, and assembly.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Justas Janauskas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 3 investments in Lithuania Software startups

Justas Janauskas is a CEO at Vinted, mobile social shopping platform for pre-loved fashion.

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Investment focus

  • Industry: Pet, Aquaculture, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Lithuania, Germany, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1.2M–$4.3M; Angel $86k–$289k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dogo GmbH — Download Dogo, a positive dog training app with clicker. Train your puppy at home and become best friends with your dog. +100 tricks & games.
  • Cocoli — Cocoli offers furniture & home decor solutions.
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Renaldas Zioma
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Software startups

Renaldas Zioma

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Investment focus

  • Industry: Artificial Intelligence, Manufacturing, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Finland, Ukraine, Lithuania

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • #Rens — RENS Original is the World's First Sneaker made from recycled coffee and plastic. We know you've been drinking it, now it is time to wear it.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Movens Capital
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Lithuania Software startups

Movens Capital manages two funds (early-stage VC and growth equity). Movens VC is oriented on supporting Polish/CEE tech

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Germany, Lithuania

Investor stats

  • Total investments: 25
  • Round size: Seed $311k–$2.7M; Pre-Seed $160k–$1.8M; Series A $321k–$4.3M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Woltair — Digitisation of the heating installation process - from lead generation, through sales and installation, to after-sales support.
  • Epinote — Epinote is Warsaw-based annotation boutique that provides high quality data annotation and collection services. We specialise in Computer Vision, NLP and search relevance projects including image, video, text and audio annotations. Our workforce consists of only in-house employees, mostly graduates of top Polish universities. Our managementconsists of experts who know exactly how to manage large human-intense projects and understand deeply Data Scientists needs. The highest delivered quality and facing unstable inflow of work is what we challenge everyday. Contact us. You will not be disappointed.
  • Demoboost — A product demo software for revenue teams to improve buyer experience, supercharge journeys, and scale go-to-market without any hassle. Try it now!
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Lithuania Software startups, 8 in the past 12 months

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 72
  • Round size: Grant $27k–$2.1M; Pre-Seed $43k–$359k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Hilo EV — Hilo EV uses AI to scan its surroundings for hazards such as pedestrians and vehicles, and actively applies a number of functions to warn of the danger.
  • Crespect — Achieve harmony in legal practice
  • ProTec Group — ProTec Group operates as a specialist prototype to production part supplier. ProTec Group provide a completely integrated design-to-production service from 1off CNC machined, fabricated or 3D printed to Low volume prototype & production manufacturing techniques.
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Blockchain.com Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Lithuania Software startups

Blockchain.com is the most popular place to securely buy, store, and trade Bitcoin, Ethereum, and other top cryptocurrencies.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, Japan

Investor stats

  • Total investments: 40
  • Round size: Seed $1.6M–$3.5M; Series A $4.4M–$19M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • PolySign — PolySign develops state-of-the-art, secure, scalable infrastructure for financial institutions to fully leverage their digital assets. The company also develops a secure and scalable infrastructure for financial institutions to fully leverage their digital assets. They aim to integrate with existing financial organizations and global markets, andrigorously embrace the highest standards for regulation.
  • Elementus — Elementus is a data-first Web3 company empowering organizations to unify, explore, and operationalize the blockchain with the highest degree of confidence.
  • Matter Labs — Matter Labs is scaling Ethereum with zero-knowledge proofs to accelerate public blockchain adoption. The company started out of scientific curiosity, the joy of engineering, and a deep conviction, the most impactful way to improve the world today is to provide an open and free alternative to its existing, deeply flawed financial system.Thecompany was founded in 2018 with its head office in Berlin, Germany.
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Cats.vc
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Software startups

Y generation investment professionals sourcing and closing deals for top tier angels from Europe

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Investment focus

  • Industry: Financial Services, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Lithuania, Italy, Spain

Investor stats

  • Total investments: 10
  • Round size: Seed $1.3M–$1.5M; Pre-Seed $225k–$3M; Series A $9.1M–$9.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Macai — Macai offers thousands of high-quality products delivered at your doorstep in a few minutes.Macai is the first Italian company active in the Q-commerce space. Founded by Giovanni Cavallo, serial entrepreneur with a deep background in food delivery, the project is now live in Milan and Turin. Compared to other players in the industry, Macai ismore focused on providing a wider offer than on the speed variable. We aim at building an online full grocer, with more than 7000 skus delivered in less than 45 minutes.
  • MAX — Metro Africa Express addresses the last-mile delivery and online-retail problems by using mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. They are eliminating all logistics and technology barriers that have historically prevented retail businesses in Africa from realizing their full potential.
  • Payflow — Payflow is an employee benefit that companies can offer to their employees. Payflow provides employees instant access to earned salary to improve their financial well-being. Companies benefit from improved productivity and engagement, with no impact on cash-flow.Payflow was founded in 2020, and it is a Rocket Internet backed venture based inSpain.
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Mantas Mikuckas
Angel · 2 investments in Lithuania Software startups

2011 – Practica Capital co-founder and partner.2009 – 2012 Partner at CEE Capital, a private investment company. Executed a number of successful transactions in various industries.2008 – 2011 Co-owner and Member of the Board at Itex, IT maintenance and consulting company.2002 – 2010 Founded and managed Interdata, one of leading internethosting companies in Lithuania, which was sold to Baltic Data Centre (TeliaSonera Group).10+ years of experience in business creation and exit to strategic buyer in IT&T sector.

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Investment focus

  • Industry: E-Commerce, Marketplace, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $375k–$1.6M; Series A $1.6M–$7.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aerones — Robotic wind turbine service company offering maintenance, inspection and repairs worldwide. Reduce downtime and improve the efficiency of your wind park
  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
  • Inbalance grid — Inbalance grid develops charging infrastructure that is built on a cluster system with a master and slave design concept, where the majority of the components are off the shelf and managed by In Balance grid software.
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TMT Investments
VC Fund · St. Helier, NA - Jersey, Jersey · 2 investments in Lithuania Software startups

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.

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Investment focus

  • Industry: Software, SaaS, Social Media
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 99
  • Round size: Seed $200k–$5M; Series A $1M–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • Feel — We make the cleanest, potent supplements in the world. Delivered straight to your door. Designed by nutritionists for energy, sleep, stress and hair, skin & nails.
  • Whizz — My Device is a subscription-based rental service provider for devices like electric scooters, bicycles, home sports equipment, etc.
  • Mobilo Card — Share your contact details with a tap. The best digital business card for teams. This is a real business card, no app. The best and cheapest digital business card.
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APX
VC Fund · Berlin, Berlin, Germany · 2 investments in Lithuania Software startups, 16 in the past 12 months

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 158
  • Round size: Seed $1.1M–$3.4M; Pre-Seed $54k–$900k
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $59M in 2021

Portfolio highlights

  • askui — Use natural language to automate your UI tests. Our UI test solution is based on visual features and offers a real no-code black-box test.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
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Darius Matuliauskas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Lithuania Software startups

Darius Matuliauskas

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Investment focus

  • Industry: Gaming, Internet, Software
  • Stage:Angel, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Perfection42 — Perfection42 empowers creators to reach Unlimited Quality with custom Artificial intelligence tools without a single line of code.
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Delta Investment
VC Fund · 2 investments in Lithuania Software startups

Delta Investment

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Investment focus

  • Industry: Home Decor
  • Stage:Series A

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Monimoto — The smart tracker for motorcycles
  • Interior Teacher — Interior Teacher is solidifying its position as a premium home styling service.
  • Qraft Technologies — New Model Of AI Driven Asset Management / Unlocking High Quality Alpha for Everyone through AI technologies
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Lithuania Software startups, 6 in the past 12 months

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series A, Series B
  • Geography: Turkey, United States, Russian Federation

Investor stats

  • Total investments: 127
  • Round size: Series A $3.2M–$10M; Series B $4M–$30M; Debt Financing $3.8M–$88M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Voltalia — The Investor Relations website contains information about Voltalia's business for stockholders, potential investors, and financial analysts.
  • Masdar Capital — Masdar Capital is developing & deploying commercial-scale renewable energy projects.
  • TBC Bank Uzbekistan — The first next-generation greenfield digital bank in Uzbekistan, established by TBC Group - FTSE 250 constituent financial services group
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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 2 investments in Lithuania Software startups, 42 in the past 12 months

Kima Ventures is one of the world's most active early-stage investors, investing in 2 to 3 startups per week all over the world; providing founders with funding, network, and support for them to reach the next steps of their journey.The firm invests from seed to Series A, mostly as lead investor but also working alongside other investors;backing ambitious founders who work hard to build awesome things that more and more people use everyday. The company helps them to build a great team, to learn very quickly, to keep the right focus and execute towards growth.Kima takes pride of itself in working side-by-side with entrepreneurs. They claim to understand that fundraising is only one step in the company’s journey, that’s why they take quick decisions and make the fundraising process as smooth as possible so the founders can get back to the work of building their business. Kima considers itself not only an investor, but a network of founders and experts sharing a pay it forward mindset.Headquartered in Paris with an office in London, the company was founded and backed by Xavier Niel, founder of Iliad and supporter of entrepreneurs through such projects as 42, Station F and 101projets. Over the last 5 years Kima has invested in over 400 startups in 24 different countries.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 380
  • Round size: Seed $250k–$3.5M; Pre-Seed $500k–$3M; Series A $800k–$12M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Mimbi — Mimbi provides brands and agencies with a platform that allows them to better measure & optimize the impact of retail media campaigns
  • OnlyDust — OnlyDust is a contribute to the best StarkNet projects, and get paid in USDC or Tokens.
  • Depot — The fastest place to build Docker images.
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Vladas Lašas
Angel · 2 investments in Lithuania Software startups

Vladas Lašas

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Investment focus

  • Industry: Retail, SaaS, Fashion
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 5
  • Round size: Seed $288k–$536k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Walk15 — Walk15 is a startup that encourages people to walk every day with its app.
  • #walk15 — Mobile walking app #walk15. Explore by walking!
  • The Knotty Ones — Slow fashion label that specializes in luxury knitwear crafted by female artisans and garment workers in rural areas of Lithuania
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Lithuania Software startups, 9 in the past 12 months

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belgium, United Kingdom, The Netherlands

Investor stats

  • Total investments: 38
  • Round size: Seed $305k–$2.7M; Pre-Seed $75k–$857k
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • NineID — NineID provides a biometric access control solution and identity visitor management system that increases businesses' security, compliance, and safety.
  • Wonnda — Wonnda is the digital infrastructure where buyers and suppliers collaboratively build the consumer products of tomorrow
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Presto Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 2 investments in Lithuania Software startups, 13 in the past 12 months

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, Georgia, Lithuania

Investor stats

  • Total investments: 53
  • Round size: Seed $857k–$2.1M; Pre-Seed $100k–$1.7M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • GoRamp — GoRamp offers top-tier software solutions for shippers to make proactive decisions while sourcing, monitoring & analysing transportation management
  • Spenfi — Explore the best tool for efficient company finance management. Learn how to optimize your financial processes and make informed decisions.
  • Outfindo — Making bikes & e-bikes buying easy
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BaltCap
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Software startups

BaltCap is a private equity and venture capital investor in the Baltic states of Estonia, Latvia and Lithuania focusing investment on the growth and realization of small and medium enterprises.

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Investment focus

  • Industry: Mobile, Information Technology, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Latvia, Lithuania, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Trafi — Stay connected Be the first to hear about our product updates, city launches, and more.
  • UPRENT — UPRENT is a pumping system rental provider which are accompanied with trench shoring systems and power generators. The company serves customers with effective products which enable to get the job done in the shortest time and with lowest energy costs. It guarantees a high level of customer satisfaction by maintaining a constant communication withcustomers, managing customer satisfaction measurement, identifying customer complaints and needs, and assuring appropriate service according to customer needs and requirements.UPRENT was founded on 2013 and is headquartered in Riga, Latvia.
  • TrueCare24 — Care professionals and services for home and business.
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The Global Emerging Markets Group
VC Fund · New York, New York, United States · 1 investments in Lithuania Software startups

Global Emerging Markets ("GEM") is an alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world.The partners have a century of collective experience and as a group have invested in 305 companies across 65 countries. GEM's investment vehicles provide the group and itsinvestors with a diversified portfolio of asset classes that span the global private investing spectrum.Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Our family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and select venture investments. Finally, GEM gets exposure to the United States private equity space with its affiliate fund, Kinderhook Industries, dedicated to mid-cap control buyouts in the United States. GEM partners founded Kinderhook in 2001 and GEM remains both an LP & GP in the fund.

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Investment focus

  • Industry: Blockchain, Biotechnology, Software
  • Stage:Private Equity, Post-IPO Equity
  • Geography: United States, Switzerland, India

Investor stats

  • Total investments: 47
  • Round size: Private Equity $35M–$270M; Post-IPO Equity $3.6M–$75M
  • Lead/follow: 98% lead, 2% follow

Portfolio highlights

  • Velas — Velas is the world's fastest EVM Blockchain and Ecosystem for smart contracts and dApps. Crypto Valley Top 23 Blockchain Firm.
  • Aquaback Technologies — AquaBack Technologies develops self-cleaning, compact, and lightweight water purification devices and systems. The company supplies equipment and services based on its patent-protected breakthrough, disruptive distillation technology which allows over 90% of polluted water to be inexpensively cleaned, anywhere, at any scale to nature’s standard ofclean rainwater. It produces the gold standard of water quality; removing all harmful and potentially harmful chemicals, metals, many of which are toxic, illness-causing bacteria, viruses, and parasites, environmentally damaging nitrogen to water bodies, salts, naturally occurring arsenic, radioactivity, gases including methane and ammonia and eliminates hard water.
  • Giga Carbon Neutrality — Giga Carbon Neutrality is a clean energy trucking and technology company that makes running clean, reliable vehicle fleets easy for industrial and commercial transportation companies.
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Tele2
VC Fund · 1 investments in Lithuania Software startups

Mobile Operator

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Investment focus

  • Industry: SaaS, AgTech, Security
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Frontu (formerly Tasker) — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Lithuania Software startups

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

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Investment focus

  • Industry: Software, Information Technology, EdTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 11
  • Round size: Seed $600k–$1.5M; Angel $214k–$1M; Pre-Seed $193k–$439k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • VSight — VSight is an industrial collaboration and knowledge-sharing platform powered by Augmented Reality to empower the industrial workforce.
  • RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
  • DriveX Technologies — DriveX offers a trustworthy self-serviced car inspection software for the used car, insurance and car rental markets.
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Flyer One Ventures
VC Fund · London, England, United Kingdom · 1 investments in Lithuania Software startups

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

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Investment focus

  • Industry: Software, Education, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Cyprus

Investor stats

  • Total investments: 56
  • Round size: Seed $550k–$2.5M; Pre-Seed $350k–$1.3M; Series A $500k–$15M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Deskree — Generate a complete and scalable back-end infrastructure with tons of features via a web interface. Infinitely scalable & truly independent.
  • Filmustage — Filmustage is the first AI-based solution for automatically breakdown movie scripts in seconds. Designed to save you time on routine tasks.
  • NewHomesMate (formerly Propertymate) — Find, compare and buy a new construction home - all in one place.
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Azur Games
VC Fund · Larnaca, Larnaca, Cyprus · 1 investments in Lithuania Software startups

AZUR GAMES is a top 5 international mobile games developer and publisher.

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Investment focus

  • Industry: Gaming, Software, Mobile Apps
  • Stage:Series A, Corporate Round
  • Geography: Israel, Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Neosus — Neosus is a mobile app development company that has accumulated over 20 million downloads across its portfolio, including Invoice Maker App, Call Recorder, and eSim Application.
  • KobGames — KobGames is a game development studio, specializing in casual games. Their goal is to create the best and most entertaining games for iOS and Android. KobGames was founded by Koby Ahronson.
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Linas Samuolis
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Software startups

Linas Samuolis

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Stage:Angel
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Robotopia — Unique concept of Self-Propelled Smart Batteries and Payloads for fully autonomous drone systems from local to urban to regional scale. Quick integration into existing automated storage and retrieval system (AS/RS)
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Rinat Ismagilov
Angel · 1 investments in Lithuania Software startups

Rinat Ismagilov

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Robotopia — Unique concept of Self-Propelled Smart Batteries and Payloads for fully autonomous drone systems from local to urban to regional scale. Quick integration into existing automated storage and retrieval system (AS/RS)
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Index Ventures
VC Fund · San Francisco, California, United States · 1 investments in Lithuania Software startups, 32 in the past 12 months

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 866
  • Round size: Seed $1.2M–$5.8M; Series A $3.1M–$22M; Series B $6.7M–$50M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Apron — Sort, pay and reconcile your invoices in seconds.
  • Worldover — Cosmetic compliance made simple
  • Class Companion — Class Companion is a new AI technology that allows professors to provide students with immediate, individualized feedback.
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Ventech
VC Fund · Paris, Ile-de-France, France · 1 investments in Lithuania Software startups

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

  • Industry: Software, E-Commerce, Biotechnology
  • Stage:Series A, Series B
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 157
  • Round size: Series A $5M–$18M; Series B $5.6M–$64M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Prewave — Supplier monitoring for purchasing, supply chain management and sustainability managers.
  • Chattermill — Chattermill applies cutting edge deep learning to help organizations make sense of their customer experience. The company uses cutting edge artificial intelligence to analyze customer feedback across customer touchpoints for organizations to harness customer insights at scale, boost customer loyalty and brand advocacy. Their approach is differentin its surgical focus on aspects of the Customer Experience relevant to each client.Chattermill enables our teams to take customer insights deeper than ever before and focus on the key factors that make a difference to our users and drive our growth. They combine machine learning with a deep understanding of a company and its customers, seamlessly integrating with any system used to collect feedback.They started Chattermill in 2015 at Entrepreneur First and have worked with amazing founding members including Nutmeg, HelloFresh, and Moo to build a pioneering platform for delivering amazing customer experience at scale.
  • mediarithmics — mediarithmics offers an open and integrated data marketing infrastructure, covering all DMP and CDP uses. The platform can also be used to create Data Alliances, guaranteeing the security of data between partners whilst complying with current and future regulations.Our technology enables the collection of every customer and prospect’s datawithout compression, allowing segmentation and activation of multi-channel campaigns in real time. mediarithmics’ clients can add their own algorithms to personalise the platforms strategic points, whether it be on 360° marketing personalisation or Data monetisation use cases.
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Viremidos investicijos
VC Fund · 1 investments in Lithuania Software startups

Family Wealth Holding Co.

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Investment focus

  • Industry: FinTech, Blockchain, Cryptocurrency
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • MEV Capital — Digital asset manager in DeFi focused on extracting value by executing back-tested trend-agnostic strategies using proprietary trading and Web3 data analytics.
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Shift Capital
VC Fund · 1 investments in Lithuania Software startups

Shift Capital is a long term, open-ended crypto fund offering a one-way bet on crypto.

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Investment focus

  • Industry: FinTech, Blockchain, Cryptocurrency
  • Stage:Pre-Seed
  • Geography: Lithuania

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • MEV Capital — Digital asset manager in DeFi focused on extracting value by executing back-tested trend-agnostic strategies using proprietary trading and Web3 data analytics.
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Wargaming
VC Fund · Nicosia, Nicosia, Cyprus · 1 investments in Lithuania Software startups

A catalogue of games produced by the leading game developer in the CIS. Legendary and new games from Wargaming for PC, iOS, Android, Xbox and Playstation.

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Investment focus

  • Industry: Gaming, Information Technology, Apps
  • Stage:Series A, Series B, Pre-Seed
  • Geography: United States, Austria, Lithuania

Investor stats

  • Total investments: 11
  • Round size: Series A $1.2M–$12M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • RAWG — RAWG.io is a video game discovery platform that converts your skills into goods and services.
  • Donut Lab — Donut Punks is a MOBA game that offers a unique blend of fun, action, and strategy. It is designed for players who want to team up and take on the challenge of fighting against hordes of zombies in a thrilling online environment.
  • Polystream — Polystream is completely rethinking and realising new ways of how to use the visual cloud, from server to client, from network to edge as we build the 3D Internet. Powered by our breakthrough command streaming technology, you can now instantly engage, grow, and monetise audiences of all shapes and sizes wherever they are in the world; whether it’splayers, streamers, or viewers. Our synchronous spectator engine Fantom enables cloud native games and experiences to be cost-effectively streamed with unrivalled reach, and unprecedented scale.
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Igor Matsanyuk
Angel · 1 investments in Lithuania Software startups

Igor Matsanyuk is one of the visionaries behind the global game market. He founded IT-Territory in 2004 to develop online games, which grew to become the largest game holding company in Eastern Europe, becoming Astrum Online Entertainment. In 2009, Astrum Online Entertainment merged with the Mail.ru Group, and Igor became the first vice-presidentand a significant shareholder of the unified company. The unified company was taken public via an IPO in 2010, at which point Igor left to pursue new ventures. Igor is currently one of the world’s most successful internet entrepreneurs.

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Investment focus

  • Industry: B2B, Video Chat, Social Media Marketing
  • Stage:Seed, Angel, Series A
  • Geography: United States, Finland, Lithuania

Investor stats

  • Total investments: 6
  • Round size: Angel $150k–$690k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RAWG — RAWG.io is a video game discovery platform that converts your skills into goods and services.
  • Cherry Labs — Founded by serial entrepreneurs with multiple exits to Facebook, Google and Apple, Cherry Labs works on making our homes the safer. Cherry employs over 20 engineers, AI scientists and product designers in Cupertino, Berlin, Moscow and Shenzhen.
  • Tickets Cloud — Service is the link between event managers and tickets distributors. Main mission is to build the effective distributors network for event managers. Main service hint - big data collection and interpretation, as a consequence price impact for consumers and increasing market margins. The service automatically maintains information about soldtickets, classifies consumers and allocates the fair value of the ticket for the customers.
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Tesonet
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Lithuania Software startups

Tesonet was founded in 2008 as a startup run by two tech enthusiasts. With tens of successful proprietary products and 2,000+ in-house talents, today Tesonet represents a fully developed infrastructure to establish, develop, fund, and scale businesses that bring meaningful tech for industry disruption. Tesonet has build one of the world’s leadingcybersecurity solutions providers Nord Security, founded a leading customer support company Cyber Care and many more. Since 2018, Tesonet has also invested in a number of successful globally-oriented startups like Hostinger, CAST AI, Turing College, Eneba, Yours App and others.

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Investment focus

  • Stage:Seed
  • Geography: United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mishkay — Mishkay cultivates gourmet and medical mushrooms such as Shiitake, Lion's mane, Eringi, and others - delectable and, more significantly, often therapeutic mushrooms.
  • Yours App — The Choice Is Yours
  • Siauliu Bankas — Šiaulių Bankas Group engaged in leasing, life insurance and real estate areas.
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AltaIR Capital
VC Fund · San Francisco, California, United States · 1 investments in Lithuania Software startups, 6 in the past 12 months

We foster innovation and work together to find and grow breakthroughs all over the world

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, Russian Federation

Investor stats

  • Total investments: 148
  • Round size: Seed $120k–$3.1M; Pre-Seed $120k–$2M; Series A $1.5M–$13M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Browse AI — Monitor any webpage for changes. Download any data on the web as a spreadsheet. Turn any website into an API.
  • Hints — Taking notes is not enough
  • Giraffe — Giraffe develops an investment engine to help individuals and companies to improve the world. It provides an engaging learning environment about impact and investing. Giraffe is located in New York, New York.
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D2 Digital Venture
VC Fund · Nicosia, Nicosia, Cyprus · 1 investments in Lithuania Software startups

Venture company providing opportunities to invest in disruptive digital projects around the world

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Investment focus

  • Industry: SaaS, Retail, Software
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, United Kingdom

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Openface — Digital skin diagnostic and personalized skincare
  • Connect Earth — Connect Earth is an environmental data company that builds the infrastructure for climate-conscious products by aggregating and standardising environmental data and making it available through developer-first toolkits. The core product is an API solution that calculates the carbon impact of spend-based financial transactions of consumers and companies.
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Mistletoe
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Lithuania Software startups

Mistletoe is a hub for startups and the overall entrepreneurial ecosystem. It specifically provides learning opportunities for entrepreneurs, facilitates startup communities, invests in and supports startup companies and venture capitals.

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Investment focus

  • Industry: Information Technology, Software, Education
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 90
  • Round size: Seed $700k–$27M; Series A $2.1M–$73M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • ULUU — ULUU is an exciting new renewable biomaterial that's incredible for our oceans and climate. ULUU is made from renewable resource, farmed seaweed!
  • Funderbeam — Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.
  • Craft Health — Craft Health aims to combine all your daily medicines and supplements into a single daily pill, through 3D printing of personalized medicines and supplements. Our technology allows controlled release of each active ingredient as selected by the user.
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Baltic Tech Ventures
VC Fund · Riga, Riga, Latvia · 1 investments in Lithuania Software startups

Baltic Tech Ventures is the only publicly traded VC fund with an angel group focused on seed and early stage investment in the Baltic region. Investors can get involved with BTV in two ways: gaining exposure to the entire BTV portfolio by buying shares (NASDAQ:BTE1R) or by direct angel investment into one or more BTV portfolio companies. BTVangel investors benefit from the ability to invest directly into the Baltics' most promising startups on the same terms as the smartest money in the region. Unlike with other VC opportunities, BTV investors can select the companies they invest in, with low investment minimums, no management or success fees, and no lockup. BTV startups are fully vetted by BTV. BTV financials are fully audited, with regulatory oversight under Nasdaq.

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Investment focus

  • Industry: Apps, Software, Wearables
  • Stage:Seed
  • Geography: Latvia, Lithuania

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • asya.ai — We use computer vision, biometrics, deep learning, and a lot of data, to analyze human emotional experiences.
  • Lerio.io — Hire remote Team in minutes at Lerio. We make it very simple to hire and manage remote teams anywhere in the world.
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Donatas Dailide
Angel · 1 investments in Lithuania Software startups

Donatas Dailide - Chairman and CEO @ DOJUS group

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Investment focus

  • Industry: SaaS, Sustainability, Cloud Infrastructure
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Lithuania, Brazil

Investor stats

  • Total investments: 5
  • Round size: Seed $288k–$288k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • walk15 — Walk15 is a startup that encourages people to walk every day with its app.
  • Oxus.AI — AI-driven speech analytics software aiming to cover 6,000 languages, and every member of your sales team. Get every agent in your team performing like your best reps.
  • #walk15 — Mobile walking app #walk15. Explore by walking!
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Notion Capital
VC Fund · London, England, United Kingdom · 1 investments in Lithuania Software startups, 15 in the past 12 months

Notion Capital is a VC firm focused on European SaaS and Cloud.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 178
  • Round size: Seed $578k–$4.5M; Series A $4.2M–$15M; Series B $4.1M–$42M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2019

Portfolio highlights

  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
  • Quench.ai — Quench is a tech infrastructure for video creators to deliver exclusive content, engage and reward their true fans.
  • Statement — Find the right card machine for your business, with good rates and the best features. Search the top providers in minutes, including Worldpay, Barclaycard, Tyl and Teya.
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Angel Invest
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Lithuania Software startups, 11 in the past 12 months

Angel Invest is one of Europe's most active angel funds

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $1.1M–$5M; Pre-Seed $120k–$5M; Series A $4.7M–$21M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • DePoly — DePoly is a spin off out of the LSMO lab at EPFL- Valais that has developed a novel technology allowing for the chemical recycling of PET plastic back to its main two components ethylene glycol (EG) and terephthalic acid (TPA). Our approach turns low valued materials (PET waste) into high-valued chemicals like TPA creating a circular economy. Weexpect this process to generate revenue from chemically recycling PET to TPA/EG, which can be sold back to industry to make new virgin PET plastic and allowing for a sustainable source of TPA and EG on the market.
  • Opna — Opna is a financing platform for climate projects that remove carbon and protect natural ecosystems. Opna offers data, proprietary risk assessments, and efficient capital structures, helping companies to translate net-zero committed capital from financial institutions, and corporates into direct financing across a project's lifecycle.
  • Jitty — See every thing, about every home
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Taver Capital Partners
VC Fund · Wilmington, Delaware, United States · 1 investments in Lithuania Software startups

Taver Capital is a venture fund that invests in early stage artificial intelligence companies from around the world.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Software
  • Stage:Seed, Series A
  • Geography: United States, India, Latvia

Investor stats

  • Total investments: 26
  • Round size: Seed $1M–$3.5M; Series A $1M–$6M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • CureSkin — Get free AI analysis and dermatologist-prescribed regimens to treat your skin & hair concerns. Holistic, safe & 100% effective. Learn more.
  • Regology — Regology is the leading generative AI-powered Regulatory Intelligence Platform. We help compliance teams in all industries automate regulatory change management and compliance.
  • iFarm — Technologies to grow fresh vegetables, berries and greens
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LETA Capital
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Lithuania Software startups

Our goal as an investment firm is to deliver high returns to our investors by financing improvements in the world through IT and new technologies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Russian Federation, Israel

Investor stats

  • Total investments: 40
  • Round size: Seed $300k–$4.5M; Series A $1M–$9M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Gaviti — Gaviti is an automated receivables platform that accelerates cash flow and improves DSO by an average of 30%.
  • Prodly — Prodly helps companies build and continuously improve business applications faster, more reliably, and more frequently. Prodly’s AppOps platform automates the full lifecycle of low-code development, empowers more non-developers to configure applications, removes bottlenecks in the development process, and provides IT governance to mitigate risk ofagile development. Customers like Nutanix, Johnson & Johnson, Splunk, Tableau, and Verizon use Prodly AppOps to update mission critical applications such as Salesforce CPQ, Salesforce Billing, Field Service Lightning, and Salesforce B2B Commerce at the speed of business. The company is based in Palo Alto, California with global operations. For more information, visit prodly.co.
  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
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Launchpad Capital
VC Fund · Oakland, California, United States · 1 investments in Lithuania Software startups

The world of financial services is transforming and more ready than ever for thoughtful disruption.The combination of permanent structural changes to the global financial services industry and readily accessible infrastructure will unlock empowering financial and technology innovation at across the FIRE sector - from finance, to insurance andreal estate - through products and services that are fair, transparent and give consumers and businesses full control of their hard earned money and the data tied to it. LaunchPad Capital builds and invests in pre-seed and seed stage Fintech companies.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Lithuania

Investor stats

  • Total investments: 23
  • Round size: Seed $3M–$6M; Pre-Seed $268k–$2.3M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Sora — Sora finds your clients better deals on their new or existing home, auto & student loans, and seamlessly moves them into their lowest cost of debt.
  • Zurp — Zurp is a fintech platform built for superfans. Instead of a traditional reward program, Zurp offers exclusive experiences with cardholders' favorite influencers.
  • Inbanx — Whether you are a bank, a business, or a non-profit organization, let our team boost your payment efficiency. In one complete solution.
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Software Investor funding in Lithuania at a glance

Stats across 55 deals from 68 investors.

68
investors
in Lithuania Software startups
55
deals
in Lithuania Software startups
$420k
median round
in Lithuania Software startups
35%
lead investors
lead at least one round
55%
Seed
most common funding stage
74/26
VC / Angel
share of investor count

Access all 68 investors in Lithuania Software startups.

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