Lithuania's venture scene is growing, with some dedicated firms backing local founders. Practica Capital, for example, has made over 100 investments in the region.
Meanwhile, funds like Contrarian Ventures are focusing on areas like climate tech, with nearly 50 investments so far. For founders seeking capital, the options are getting better and more diverse.
Below is our list of the best 3 VC firms in Lithuania.
Failory's Top 3 Picks
Contrarian Ventures backs early-stage climate tech founders across Europe and Israel who are building technology to decarbonize the economy. Through a hands-on, platform-based model, they mobilize resources and build community to support the pioneers creating tomorrow's climate infrastructure.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2017 |
| Founders | Marc Wesselink, Nityen Lal, Ori Glezer, Rokas Peciulaitis, Tom Bronfeld |
| Total Funding | €101M |
| Industries | Transportation, Climate & Sustainability, Energy |
| Investment Stage | Early Stage, Seed, Pre-Seed, Series A, Series B |
| Nº of Investments | 48 (22 as Lead Investor) |
| Nº of Exits | 1 |
| Top Portfolio Startups | Pvcase, Voltaware, H2Pro |
| Contact | info@cventures.vc |
Practica Capital dedicates its funds to early-stage tech founders across the Baltic States, helping them build their companies from the ground up. Having invested in companies like TransferGo and Eneba, they are one of the most active syndicate partners in the region, connecting their founders with international investors.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2011 |
| Founders | Anatolijus Faktorovicius, Donatas Keras, Petras Miciunas, Silvestras Tamutis |
| Total Funding | €46M |
| Average Check Size | €2M |
| Industries | Fintech, Supply Chain & Logistics, Travel & Hospitality, Healthcare, Proptech & Real Estate, Robotics, SaaS, InsurTech, Education, E-Commerce, AI & ML, Aerospace & Space, Agriculture, Advertising |
| Investment Stage | Early Stage, Seed, Series A, Growth |
| Nº of Investments | 104 (73 as Lead Investor) |
| Nº of Exits | 4 |
| Top Portfolio Startups | Eneba, Billo, TransferGo |
| Contact | info@practica.vc / +370 5 260 3159 |
Business Angels Fund I co-invests alongside business angels to support innovative Lithuanian startups in their seed and early stages. By providing both capital and strategic mentorship, they have helped launch successful companies with global reach, including Deeper, Trafi, and CGTrader.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2010 |
| Founders | — |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 21 (5 as Lead Investor) |
| Nº of Exits | — |
| Contact | info@mesinvest.lt / +370 8 (5) 249 7077 |
