FIRSTPICK | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics, focusing on early-stage investments in sectors...
FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics, focusing on early-stage investments in sectors such as Fintech, SaaS, deeptech, and marketplaces. The company provides funding ranging from β¬50K to β¬1M and offers equity-free grants for idea stage startups. FIRSTPICK supports founders through pre-acceleration and acceleration programs, facilitating early market access and impactful partnerships.
Website
Headquarters
Vilnius, Vilniaus
Size
1-10 employees
Industry
Venture Capital and Private Equity Principals
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- On November 7, Marijus Andrijauskas, Partner at FIRSTPICK, will participate in a fireside chat at Klaipeda LightHouse Hub.
- FIRSTPICK's Managing Partner JonΔ VaituleviΔiΕ«tΔ will moderate a panel discussion on attracting top investors at the Startup Fair 2024.
- On September 24, Andra Bagdonaite, Partner at FIRSTPICK, gave a keynote at ISM University on VC funding and startup trends in the Baltics.
- FIRSTPICK celebrated its one-year anniversary of joining the Latvian Startup Association Startin.LV and participated in a speed mentoring event in Riga.
- On November 1, FIRSTPICK's Andra Bagdonaite delivered a keynote on 'Mastering the Term Sheet' at the Latvian Business Angels Network Angels Training in Riga.
- FIRSTPICK hosted a Founders Breakfast in Tallinn with Superangel.io for startup founders to share insights and challenges.
- FIRSTPICK hosted an exclusive networking event with Practica Capital, Earlybird Digital East Fund, and Northzone, bringing together over 100 startup innovators.
- FIRSTPICK launched a campaign to inspire future founders to apply to their accelerator during the Startup Fair and Investor Camp.
π FIRSTPICK CEO, Management and Leadership Team
βοΈ FIRSTPICK Alternatives and Competitors
πΌ FIRSTPICK Hiring and Layoffs
- Tadas Gudauskas has joined FIRSTPICK as an Intern in Lithuania, previously holding a position as an Intern.
- FIRSTPICK is hiring an Accelerator Program Intern in Vilnius to assist with workshops, mentor sessions, and daily operations.
- Andra Bagdonaite, Partner at FIRSTPICK, has joined the board of Mindnet, with the first event scheduled for November 14 in Vilnius.
π€ FIRSTPICK Developer, Integration and Automation News
- FIRSTPICK is partnering with TV3 Group Lithuania to help select startups for the Lithuanian version of Shark Tank, featuring investor Tadas Burgaila.
π FIRSTPICK Financials, Fundraising and Valuation News
- Lithuania AI-driven cybersecurity solutions provider Cyber Upgrade has raised β¬2.5 million in a seed funding round by Superhero Capital, Specialist VC, FIRSTPICK, NGL Ventures, and angel investors.
- Indonesian lending-as-a-service platform Finfra raised US$2.5 million in a funding round led by Cento Ventures with participation from an existing investor FIRSTPICK, to expand its embedded lending solutions for SMEs in partnership with Tyme Group.
- FIRSTPICK invested $500,000 in WhiteBridge's pre-seed funding round to support the expansion of their AI-powered online reputation management platform.
- FIRSTPICK invested in Sort A Brick's β¬1.15M funding round to help expand operations and business reach.
- FIRSTPICK participated in a $2.7M seed funding round for Amlyze, a company focused on anti-financial crime tools.
- FIRSTPICK has invested 1.15 million euros in a company developing AI technology to sort and recycle unused Lego pieces.
- Lithuanian AI-powered startup Sort a Brick has raised β¬1.15M in a pre-seed round led by FIRSTPICK, with participation from nine business angels, including Vinted co-founder Mantas Mikuckas, to enhance its brick sorting technology and expand into Germany by October 2024.
- FIRSTPICK co-led a β¬700,000 funding round for Estonian healthcare startup Certific to support its market expansion.
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