| Practica Capital manages seed and venture capital funds established under JEREMIE initiative. The funds invest in early-stage development of high-potential business ideas (seed, startup) and expansion of established businesses in Lithuania. Investments for early business and expansion range from EUR 3 000 to 3 mln. Additionally, a business accelerator Startup.lt is being established, which will seek to facilitate innovative idea development. |
Practica Capital funds invest in equity (minority or majority) or quasi-equity instruments (convertible debt and similar). We act as a generalist investor which invests in various sectors and make priority for innovative and high growth potential business projects, which meet our described investment criteria.
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Typical investment period is from 2 to 5 years with exit via trade sale to strategic or financial buyer, management, IPO or refinancing of quasi-equity instruments by banks.
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