Open Circle Capital
Early-stage venture capital fund in Vilnius investing in ICT, robotics and high-tech startups with fast growth and international expansion potential.
Open Circle Capital is an early-stage venture capital fund based in Vilnius, Lithuania. It invests in technology companies in information and communication technology, robotics and high-tech, with sector interests spanning artificial intelligence, hardware, IoT, energy technology and fintech. The fund concentrates on product-building businesses with potential for fast growth and international expansion.
The fund's stated preference is for founding teams led by or composed of professionals with entrepreneurship, growth, fundraising or exit experience. It regards the point at which a company has generated its first revenues as the natural moment to begin a conversation. Investment discussions open with a conversation about the founding team's ambitions, followed by a few meetings to determine whether to explore the opportunity further.
On deal structure, Open Circle Capital is open to leading or following investment rounds and prefers to work alongside co-investors. Beyond capital, it supports portfolio companies with team building, business decisions, growth, technology transfer and fundraising, and aims to help founders connect with additional investors.
The fund's geographic presence is anchored in Vilnius, with an orientation towards international markets consistent with its focus on companies built for expansion beyond their home market.