Thanks 💜 Vestbee for featuring us as 👉 one of the most active CEE funds 👈 in your VC Funding in CEE Report – Q2 2024. 🙌 We’re thrilled to be highlighted alongside fellow VCs: Coinvest Capital, Fiedler Capital, BADideas.fund, Fortech Investments, Morningstar Ventures, Tera Ventures, Underline Ventures, and Earlybird Venture Capital. And speaking of funding 🤭, we’ve got some exciting news — we’re on the 🔎 lookout for the next batch of startups to join our accelerator. Got a killer idea? We know that 🫵 you know what to do. 😎 🔗 Registration link is in the comments. #FIRSTPICK #investor #vc #funding #venturecapital
FIRSTPICK
Venture Capital and Private Equity Principals
Vilnius, Vilniaus 6,151 followers
High-speed VC fund and an accelerator for tech startups in the Baltics.
About us
FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics. We are investing in Fintech, SaaS, Deeptech and Consumer marketplaces, but are not limited to those. Our initial ticket is €50-€250K, but we can invest up to €1M into a single company through follow-on rounds. Idea stage startups can use our equity free grants to get started. Founders access our bulletproof combo of investment and know-how through our pre-acceleration and acceleration programs. While founders train for the marathon, we are like coaches running by their side and supporting them from the idea to the growth stage. Our portfolio startups receive a precious early market access, impactful partnerships, and deep expertise of the early stage. Our capital consists of funds from private investors, the founding team, and an investment from the Lithuanian state-financed INVEGA fund, which is part of the Accelerator 2 program, funded by the Innovation Promotion Fund.
- Website
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http://firstpick.vc/
External link for FIRSTPICK
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Vilnius, Vilniaus
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
Gedimino prospektas
27
Vilnius, Vilniaus 01105, LT
Employees at FIRSTPICK
Updates
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Imagine this 👉 LPs, GPs, and VCs walk into a room… Nope, it’s not the start of a joke, 🤭 it’s what went down at The Baltic VCA Summit in Vilnius. 😎 For over a decade, this event has been the go-to spot for Baltic Private Equity and Venture Capital pros, and this year was no different. Jone Vaituleviciute and Andra Bagdonaite joined the action-packed event to 💬 discuss key challenges, opportunities, and outlooks for the upcoming period. Thank you, 💜 Lithuanian Private Equity and Venture Capital Association team — Greta Mieliauskaitė, Tadas Gudauskas, Diana Augunaite — and partners for organizing a high-end summit, and to everyone who brought the heat. 🔥 #FIRSTPICK #vc #VCA2024 #networking
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4th Accelerator Batch — FINITO. 🏁 We’re feeling a little 🥺 nostalgic as we say goodbye to two things we looove: summer and our accelerator program. But what can we say...it was nothing short of A M A Z I N G. 🥰 Shoutout to the incredible 👏teams👏 who finished strong: 🟣 Certific 🟣 CBRX 🟣 WhiteBridge.ai 🟣 ANA a news assistant 🟣 Tingit | You Live, We Fix. #FIRSTPICK #accelerator #startups #success
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Guess who's back, back again 🎵 THE BALTIC STARTUP FUNDING REPORT 2024 H1 is here! For everyone involved in the Baltic startup scene or eyeing investments in 🇪🇪 Estonia, 🇱🇻 Latvia, or 🇱🇹 Lithuania — this report is your go-to resource. Crafted by Change Ventures and FIRSTPICK, it delivers a deep dive into the latest funding rounds and the most up-to-date insights on the region’s startup ecosystem. Access data, insights, and revelations by clicking the 🔗 link in the comments. 👇👇👇
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🇱🇹 ✈️ 🇱🇻: Marijus Andrijauskas recently visited our Braliukai in Latvia for a startup community event, and there’s plenty to celebrate: 🟣 The future development of Startup House Riga will be led by the new CEO, Kristians Jenciuss. Congratulations! 🥳 🟣 Riga is committed to growing its startup ecosystem, with a €450,000 investment over the next 3 years to support the development of Startup House Riga. 🟣 €56M has been locked, loaded, and is ready to fuel the early-stage startups in the region. Bravo 👏 to VNTRS, BADideas.fund, and BUILDIT teams. We’re excited to collaborate on new deals. 💰 + 🤝 = 🦄 Thanks 🫶 to Startup House Riga, Latvian Startup Association Startin.LV and TechHub Riga for organizing and inviting us. It was great catching up with the Latvian startup community. #FIRSTPICK #vc #networking #startup #community
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Back to school? 🎒 Nah, it's back to building. 🦄 📣 FIRSTPICK Accelerator is on the 👀 hunt for future unicorns. Don’t be shy — we know 🫵 you’ve got what it takes. Still unsure if it’s for you? Answer these quick Qs: 🟣 Are you building a tech startup? 🟣 Do you have a committed full-time team? 🟣 Could you use an investment, expert connections, and a 2-3X revenue boost? If your A is 3YYY 👉 aka “yes, yes, yes,” you know what to do. But just in case you don’t — APPLY NOW. 😉 Registration link — in the comments. 🔗 #FIRSTPICK #vc #funding #accelerator
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✅ or ❌: To app or not to app? That was the big question at the "Native apps. Worth it or not?" event, where Marijus together with Kaan Eren, Principal at 500 Emerging Europe, discussed how VCs are sizing up apps in 2024. They broke down 🥊 what matters when deciding if a native 📱 app is worth the investment—or when it’s better to stick to 👩💻 desktop. The event also featured startup insights from early to late-stage founders, making it a 👂 must-hear for anyone debating app vs. web. Big thanks 🫶 to the organizers — Google and Unicorns Lithuania for addressing such a relevant and timely topic for the 🦄 startup community. A special shoutout to all the speakers for sharing their knowledge and experience: 💡 Justas Ložinskas (Google), Audrius Janulis (Google), Tomas Dirvonskas (ANA a news assistant), Deividas Celencevičius - Boop ❤️🐶 (Boop), Eduard Titov (Joiner App), Gabija Gertiene (carOne), Jaunius Danielius, Vykintas Maknickas (Saily), Justas Rutkauskas (TransferGo), and Sasha Zinchuk. #FIRSTPICK #startups #apps #networking
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Fresh off the ROCKIT Well-Tech Bootcamp, Marijus Andrijauskas donned the mentor's 🎩 hat for a few days. From 🤝 networking events to 🎤 pitch sessions, it was all about driving wellness innovation forward. It’s amazing to see so many strong ideas come together in one place! 👏 Big thanks 🫶 to the ROCKIT Vilnius team, all the startups, speakers, and fellow mentors for an inspiring few days by the beach. ☀️ #FIRSTPICK #vc #mentorng #networking #startups
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We’re 🤩 excited to announce our investment in CBRX, alongside ScaleWolf, with a total of 💰 €275,000 secured in their 🌱 pre-seed round. CBRX, formerly known as Cyberalert, is on a mission to revolutionize cybersecurity. Their AI-driven solution for Security Operations Centers automates up to 90% of cybersecurity analysts' work, allowing teams to focus on what truly matters. Huge congrats 👏 to Kazimieras Sadauskas and Audrius Miknevičius for making cybersecurity simpler and more efficient. 💜 #FIRSTPICK #vc #investment