|Phone||+370 5 260 3159|
|Description||Early stage financing to Lithuanian SMEs|
|Practica Seed Capital fund, 2/2014||€15.7M|
Practica Capital funds invest in equity (minority or majority share capital) or quasi-equity instruments (convertible debt and similar) seeking return on invested capital.
They are a generalist investor, investing in various sectors and prioritizing innovative and high growth potential business projects that meet a described investment criteria.
Practica Capital is a venture capital firm in Lithuania founded by a team of entrepreneurs who exited their businesses and financial professionals. The firm manages Practica Seed Capital and Practica Venture Capital funds investing in early- and later-stage companies in Lithuania. The funds are established under the JEREMIE initiative, which is financed from the EU Structural Funds under 2007-2013 Economic Growth Operational Programme of Lithuania and administered by the European Investment Fund. Practica Capital is also a founder of business accelerator Startup.lt.