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TRAFI Raises $500K In Seed Funding

Trafi, a Lithuanian startup that provides a journey planner, raised $500k in seed funding. Practica Capital made the investment. In addition to the funding, former...

EIF Invests in Lithuanian Seed and VC Funds

The European Investment Fund (EIF) has injected €6m into Practica Seed Capital Fund, a seed capital fund focusing on new idea development opportunities in...

Labochema Receives Growth Capital Investment from BaltCap

Labochema, a Vilnius, Riga and Tartu-based pan-Baltic laboratory supply provider, has received a growth capital investment of undisclosed amount from Lithuania SME Fund managed...

Impuls Receives Investment from BaltCap

Impuls LTU, a Lithuanian health club chain, has received an investment of undisclosed amount from BaltCap. The company intends to use the proceeds to expand...

Ygle Receives Majority Investment from BaltCap

Ygle, a Vilnius, Lithuania-based provider of building systems solutions, has received a majority investment of undisclosed amount. The equity financing was provided by Lithuania SME Fund,...

SIA Runway Receives Equity Financing from BaltCap

SIA Runway, a business process outsourcing service provider, has received an equity investment of undisclosed amount from BaltCap. With the investment, BaltCap Private Equity...

BaltCap and EIF Create €20m Risk Capital Fund for Lithuanian SMEs

BaltCap has successfully attracted private fundraising for the first ever risk capital fund to invest into Lithuanian SMEs. This forms part of the European...

JEREMIE, EIF and Swedbank Lithuania Signs a €104M agreement for financing SMEs

The European Investment Fund (EIF) and Swedbank Lithuania signed an agreement under which Swedbank will provide loans worth €104m (over LTL 359m) to...

EIF and Siauliu Bankas Sign a €40m Agreement for Financing Lithuanian SMEs

The European Investment Fund (EIF) and AB Siauliu Bankas signed an agreement for providing loans worth €40m to Small and medium sized enterprises (SMEs)...

Syntaxis Capital Closes Central European Mezzanine Fund

Syntaxis Capital, a Vienna and Warsaw-based mezzanine capital provider, announced the first closing of its second Central European mezzanine fund, with aggregated commitments of...

Lithuanian SMEs Benefit From First JEREMIE Holding Fund Transaction from EIF

The European Investment Fund (EIF) completed the signing of a €75m transaction from the Lithuanian Holding Fund with SEB Bank in Lithuania under JEREMIE,...

New Risk Capital Fund Will invest into Lithuanian SMEs

The European Investment Fund has in principle approved the Fund LitCapital I as the second new risk capital fund dedicated to investing into Lithuanian...

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