Gintas Daniusevičius is a Partner and CFO at Practica Capital who combines a finance background in IFRS, auditing, and financial modeling with hands-on work building Practica's ESG policy, due diligence checklist, and scorecard, and he has said startups that ignore ESG could struggle to raise even seed funding within a few years. He is also active in growing the Baltic investment community, having chaired the Lithuanian Private Equity and Venture Capital Association, opened its "Break into the Finance World" lecture series, and supported a scholarship for a top finance student at Vilnius University.
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SaaS, Fintech, AI, Climate, Marketplaces
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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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12
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