Gamedev Fund will support game developers across Europe
New Lithuanian Gamedev Fund will support game developers across European countries. The fund will invest in premium indie games for PC/consoles with a playable demo on hand.
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Lithuanian ed-tech Bbright raised €200K
Lithuanian ed-tech Bbright raised €200K from Lithuanian fund Jaunaragiai, which invested €40K, Lithuanian non-profit Marius Jakulis Jason Foundation (MJJ Fund), business angels Martynas Kandzeras, Vladas Lašas, and Algirdas Stonys.
Change Ventures launches €20M Fund III to double down on pre-seed investing
Estonian venture capital fund Change Ventures launches €20M Fund III to double down on pre-seed investing in startups founded by Baltic entrepreneurs. The initial ticket size will be between €100K to €500K. Half of the fund will be used for follow-on investments.
New fund Merito Partners invested in the Latvian startup Tapbox
New Latvian-based venture fund Merito Partners invested in the Latvian developer of self-service solutions Tapbox . The amount of investment is undisclosed. Merito Partners has become a minority shareholder in TapBox.
Lithuanian Practica Capital raised €32M for its third fund
Lithuanian Practica Capital raised €32M from Lithuanian Swedbank lizingas, UAB, and Estonian Swedbank Investeerimisfondid AS for its new fund Practica Venture Capital III. The Fund will focus on the Baltic companies.