Open Circle Capital

Venture Capital · Vilnius, Lithuania

Open Circle Capital is a Vilnius-based early-stage fund founded in 2017, backed two-thirds by the Lithuanian public institution INVEGA and one-third by private investors, with a mandate to invest up to €20 million in the commercialisation of Baltic technology. The fund targets ICT, robotics, high-tech, AI, and IoT companies primarily in Lithuania and Northern Europe, writing seed-stage cheques. Its 17-company portfolio has recorded three acquisitions — Frontu, Eddy Travels, and Paysolut — and the partners collectively bring experience spanning more than 80 technology-transfer transactions and seven previous funds. The team has prior exit history with global acquirers including Facebook, Saab, and Eli Lilly.

https://www.opencirclecapital.lt