Company Details

Fund type

VC

Team size

6

HQ location

Lithuania, Vilnius

Other offices

Denmark, Finland

VC advisor team

4

VC classification​

Local

INVESTMENT SCOPE

Investment stages

Seed, with some Pre-seed and Series A

Average ticket size

EUR 500,000

Startup geography

Baltics

EU impact classification

Verticals and technologies

Sector agnostic with focus on ICT, AI, Robotics

Open Circle Capital

Investing into early-stage Baltic and Lithuanian startups focusing on Deeptech, ICT and Robotics

About

Open Circe Capital is an early-stage venture capital fund investing into early-stage Baltic and Lithuanian startups with global ambitions. We aim to invest in innovative and disruptive technologies focusing on Deeptech, ICT and Robotics, where our management team, advisory partners, and mentor community can add significant value.

Portfolio

Portfolio size

16

Annual investments

10

Highlighted portfolio companies

Billo, Whatagraph, Pixevia

Exits

Paysolut, Teamgate

Active Funds

Fund

1
  • Launch year:
2017
  • Size (AUM):
EUR 20 million
  • Investor involvement:
Business development through participation in boards / Connections with Founders and Executives / Help with fundraising / Providing data: competitors analysis, investors, hiring.
  • Fund management location:
Lithuania

Asia Connection & Vision

We welcome Asian LPs and Co-investors to discover the young but already thriving Baltics tech ecosystem. We are willing to leverage our network and expertise and provide access to the best deals in ICT, Energy, Fintech, AI Robotics and other industries.

INVESTOR COLLABORATION

  • Lead investments:

Yes

  • Syndicate investments:

Yes

  • Follow investments:

Yes

UPCOMING FUND

Fund size

EUR 60 million

Fund thesis

We are planning to begin fundraising activities for a EUR 60 million VC fund in the second half of 2022

GET IN TOUCH WITH

Open Circle Capital