Audrius Milukas positions himself at the intersection of founder, banker, and VC through co-founding SME Bank and now bringing that operator-banker-investor lens to early-stage investing at Superhero Capital, particularly around how regulation, capital structures, and product design intersect for SMEs and fintechs. He simultaneously serves as a partner at Superhero Capital and founder/CEO or managing partner of Open Circle Capital while also co-founding the Lithuanian Business Angel Network, giving him an unusually broad view on how different capital layers should work together in the Baltics and Nordics.
About their Fund
Sectors
SaaS, Enterprise, Data, AI, Consumer
Rounds
Seed
Avg Check Size
€50K - €1M
Notable Investments
Superhero Capital positions itself as Alfred to Batman for founders they call Superheroes, staffing four full-time Alfreds plus an in-house CTO and PhD compliance manager to provide technical and governance support that most seed funds don't offer. The fund focuses on insight-driven founders with unique superpowers in the New Nordics region, achieving notable follow-on funding success with 37 of their 60 portfolio companies securing additional rounds.
Notable Fund
Investments
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