Donatas Keras took an unusually hands-on path into venture capital, working pizza delivery management and door-to-door sales before starting his own staffing agency, and his first company's quick rise and bankruptcy taught him to understand struggling founders on a personal level rather than just in theory. At Practica Capital, he treats board work as a separate skill from investing, looks for founders who deeply care about their company's success, backed Interactio only after the team was rejected twice, missed investing in Vinted by just four weeks, and points to being an early SpaceTech investor who actually made money in that sector as one of the things that sets his track record apart.
About their Fund
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SaaS, Fintech, AI, Climate, Marketplaces
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Notable Investments
Practica Capital was one of the first VCs in Europe to invest in a space startup, and it later backed startups across very different industries like food, furniture, fashion, and gaming in a single year, looking for high-growth potential rather than sticking to one sector. Its team combines people from private equity, investment banking, and exited operating companies, and it gets closely involved in its portfolio companies' operations, from legal setup and budgeting to supply chains and sales support, while also co-publishing a report on Baltic startup funding.
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