News

December 23, 2022

Lithuania’s Practica Capital has raised €32m of its third fund to support Baltic startups

The VC has backing from Vinted cofounders and regional asset managers 


Zosia Wanat

3 min read

Partners at Practica Capital

Vilnius-based Practica Capital has announced the first close of its third fund at €32m. It's targeting a final close of €70m, which would make it the biggest early-stage venture fund in the region. The generalist VC will focus on marketplace, SaaS and deeptech startups with Baltic founders from pre-seed to Series A. 

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Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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