Insta Ventures

Prefer B2B, certain B2C niches are also interesting. Prefer cases with over €15k monthly revenue.

Only co-invest in rounds that already have a lead investor. Majority of deals (70%) from Nordics and Baltics, especially Finland, Sweden, Estonia and Lithuania so far. 15% from Central and Eastern Europe and 15% elsewhere from the world.

Does not invest in mobile gaming or hardware. Hardware-enabled software is interesting.

Turing Studio

Fundraising, branding, design and business development consulting. Helping clients with development projects around the globe.

Does not organize clinical trials, but they do user research and interviews and help with all business areas.

Baltic Sandbox

Ongoing acceleration program, can apply at any time.

Startups have to have a legal entity in EU or willing to open it and relocate, and target market also in the EU for the first three years.

No gaming, gambling, or very sophisticated scientific products that require domain expertise to support.

Katalista Ventures

Hybrid accelerator / fund. Looking at triple top line benefit: people, planet, profit.

Prefer B2B and software. Others are possible in especially strong cases.

Active investor. Putting time into each company. Comfortable with minority stakes. Prefer to co-invest.

 

bValue

Focus on B2B, especially light-touch sales model SaaS for SMEs. B2C, B2B to large enterprises and B2G are also possible in strong cases.

Geographically focus is on CEE, but elsewhere in EU is also possible. Non-EU companies are investable if they establish an office in EU.

Focus on software and valuations below €20M, but occasionally invests in hardware, or especially strong cases with higher valuations.

Active investor. Normally doesn’t take a board seat.

Presto Ventures

Presto Ventures is a Czech family office. They prefer B2B companies, but can also invest in B2C with good unit economics.

Family office of Skoda transportation company’s ex-owner. Heavy machinery is a special expertise area. Fund preference is for not too capital-intensive companies.

Nordic XR Startups

Nordic XR Startups invests into startups with a strong connection to XR (VR/AR/MR) and are from Nordics, Baltics or Eastern Europe.

They invest mainly into companies where they can offer significant added value with their international mentor and investor network.

They are open for startups’ applications at any time. They organize batches but are open for discussions and investments on other times as well.

They often join the board as observers.

 

Earth Capital

Doing sustainability and impact investing: mobility, food and agriculture, energy (renewable, efficiency, storage), water, waste etc. Looking for indications of repeat demand.

Looking for defensible market positions. Technology is not necessary, if the position of the company is otherwise strategically defensible.

Investing globally with a focus on Europe. Also investing actively in Africa and Asia.

Focus on B2B across all their funds.

Prefer to lead or co-invest. Prefer to take a board seat.

70 Ventures

Looking for founders who can sell or have extensive industry experience, or ideally both.

They have especial focus on helping startups establish and grow their sales teams. Startups need to have or establish some connection with Lithuania, which they help you do.

Sales should be focused on outbound, and annual contract value per customer should aim to be at least €2k. B2B is ideal but other client types may be suitable as well. Preference on software and marketplaces.

Contrarian Ventures

Contrarian Ventures is a European fund investing into companies transforming the energy sector, including where and how it is used, with an emphasis on sustainability. They are also interested all energy tech, e-mobility, automation, AI, hydrogen, energy grids, and energy storage. They have an especial liking for software and hardware-enabled software.

They focus on B2B, but are interested in especially strong B2C and B2G cases as well.

The partners have extensive expertise and networks in energy and its associated sectors in addition to startups and venture capital. They have a singular focus on helping the best energy-related startups succeed.

They prefer to lead or co-lead in deals. They’re an active investor, seeking to add value through their network, expertise and services for all portfolio companies. They often look for a place on the board, at least as an observer. Their HQ is in Vilnius with partners based in London and other key European cities.