Analysis

April 20, 2023

Autonomous cleaning robots and an AI note taker: Baltic startups to watch, according to VCs

Here are 17 startups that VCs in the region have got an eye on


Sadia Nowshin

7 min read

Andrus Oks, founding partner at Tera Ventures

Some tech ecosystems in Europe punch above the weight of their geography, and for none is that more true than the three small and (relatively) remote Baltic nations. Startups based in Estonia, Latvia and Lithuania drummed up around €1.8bn last year according to Dealroom, and have kicked off 2023 with €111m raised in Q1. 

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Audrius Milukas, CEO, partner and cofounder at Open Circle Capital
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Andrus Oks, founding partner at Tera Ventures
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Federico Fini, associate at Karma Ventures
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Donatas Keras, founding partner at Practica Capital
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Dominykas Milašius, investment partner at Baltic Sandbox Ventures
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Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

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