Practica Capital

Practica Capital announces €22m first close of Practica Venture Capital II fund, which will invest in the Baltic innovation- and technology-driven ventures. Invega has committed €15m of public funds with the rest committed by Practica Capital team and a number of other local and international investors. The fund will make several investments soon after the closing. Over the next 3-12 months, Practica Capital will hold the subsequent closing of the fund targeting €40m (max €50m) in total commitments.