Venture Capital firms Practica Capital and Inventure have met with Lithuanian startups

Yesterday, Baltic Venture Capital firm Practica Capital together with Inventure, one of the leading early-stage VC firms in the Nordics, held an Investor Day at Vilnius Tech Park.

Practica Capital team of Donatas Keras, Tomas Andriuškevičius, Silvestras Tamutis and Arvydas Bložė was joined by Inventure Partner Tuomas Kosonen and Investment Director Ekaterina Gianelli.

Selected startups have had an opportunity to have an individual and informal pitch session with the investors, followed by Q&A and professional feedback.  The total of 12 startups was selected to attend this event, from marketplaces to cybersecurity and robotics.

It was a great opportunity for startups not only to start and build a relationship with the investors, which can lead to an investment but also to get feedback, benchmark and improve future business development.

This was also a great example of cooperation between two active Venture Capital firms in the region that can lead to future co-investment opportunities, which is extremely important in the future development of Baltic/Nordic startup ecosystem. Both, Practica Capital and Inventure have a strong co-investment philosophy and successful track record of co-investments with other VCs and angels in the past and will continue to work in the same manner.

About Practica Capital:

Practica Capital is one of the most active and leading VC firms in Lithuania and the Baltics. The firm invests in early-stage ventures and high growth SMEs, which have the ambition to become regional, international, global players or target leading position in their national markets.

Practica Capital make initial and follow-on investments from seed to series A to growth stage across various industries and verticals focusing on the Lithuanian and Baltic innovation- & technology-driven early stage ventures and SMEs with growth/scale-up potential.

More info: http://practica.vc/

About Inventure:

Inventure is leading early-stage venture capital company in the Nordics that invest in innovative and fast-growing companies, led by exceptional entrepreneurs and willing to disrupt their industries.The company team is a great mix of experienced entrepreneurs, industry experts, and investment professionals committed to helping you in building your start-up into a global success story.

Inventure manages venture capital funds with over 230 million euros in a total capital base. The company focuses on early-stage investments in technology, software and next generation of digital services.

More info: http://inventure.fi/