Practica Capital News | Sep 17, 2024

Practica Capital exited Lithuanian medtech Softneta, in which it invested €1M in 2016...


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Practica Capital

🌎 practica.vc

Practica Capital is an early-stage venture capital firm based in Vilnius, Lithuania, dedicated to supporting Baltic founders. With over 10 years of experience, the firm focuses on seed and Series A funding, primarily in the technology sector across the Baltic States (Lithuania, Latvia, Estonia). Practica Capital manages four funds with more than €130 million in assets under management and has made over 60 investments in various innovative companies.


Updates as of Sep 17, 2024

  • Practica Capital exited Lithuanian medtech Softneta, in which it invested €1M in 2016.
  • Estonian healthtech startup for faster drug development Elnora AI (ex-Nora AI) has raised around €95K from US accelerators Boost VC, Plug and Play Tech Center, and some business angels from Estonia.
  • Lithuanian AI-powered digital math tutor Alfa Space has raised €315K from Lithuanian business angels.
  • Practica Capital will host a pre-dinner networking gathering with gin-infused aperitifs at the Investor Camp in Vilnius on September 10.

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