First Pick Venture Capital is a firm that specializes in providing early-stage funding and support to startups. The company leverages its expertise and network to help entrepreneurs scale their businesses and achieve market success.

First Pick Venture Capital

FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics.

We are investing in Fintech, SaaS, Deeptech and Consumer marketplaces, but are not limited to those. Our initial ticket is €50-€250K, but we can invest up to €1M into a single company through follow-on rounds. Idea stage startups can use our equity free grants to get started.

Founders access our bulletproof combo of investment and know-how through our pre-acceleration and acceleration programs. While founders train for the marathon, we are like coaches running by their side and supporting them from the idea to the growth stage. Our portfolio startups receive a precious early market access, impactful partnerships, and deep expertise of the early stage.

Our capital consists of funds from private investors, the founding team, and an investment from the Lithuanian state-financed INVEGA fund, which is part of the Accelerator 2 program, funded by the Innovation Promotion Fund.

FIRSTPICK

Guess who’s going to 🎤 moderate the must-see 'Investing Redefined: Beyond Unicorns and Zebras' panel discussion at TechChill? Yes, yes, yes, you’re totally right. 🤭 It’s Jone Vaituleviciute!

Michael Bjørnlund, Managing Partner at Rockstart, and Petar Tsachev, VC Investor at LAUNCHub Ventures, will be joining her on stage too. What a trio! 🤩

The panelists will discuss:

🟣 The recent changes in the investment industry
🟣 Strategies for spotting and selecting partners who prioritize sustainable growth over burnout 
🟣 The true value of chasing unicorn status versus sustainable growth models

This is a must-attend for founders looking to navigate the 'new normal' in investment, where success isn't just measured in valuations, but in balanced, healthy growth.

The whole FIRSTPICK crew will be there, and we'd love to see you too. Come and join us!

#Techchill #FIRSTPICK #conference #vc #funding #startups

Lithuania's fintech scene is on the rise, and at FIRSTPICK, we’re not just observers — we’re active participants and believers in its potential. 🚀 Our Dmitrij Sosunov shared his insights in the latest Invest Lithuania Fintech Report:

‘Lithuania is a powerhouse for fintech innovation, thriving on a strong entrepreneurial spirit, a wealth of talent, and a determined institutional framework that’s setting the stage for regional and global impact.’

Fintech is not just a buzzword for us, it's one of the main verticals we 💰invest in, with a growing 💼 portfolio that includes companies like Finfra, AMLYZE, Softloans, and beesure_. We're excited about the future and the role these companies play in shaping it.

Curious about the insights and data that fuel our enthusiasm? 📊
Dive into the full report for an in-depth look below 👇

#FIRSTPICK #Fintech #Lithuania #Fintechreport

Empowerment, resilience, and the road to funding — our Andra Bagdonaite unpacks it all. In the 💬 TechChill interview, she shares valuable💡insights on the essentials for entrepreneurial success and the power of diversity in the startup world, especially for female founders.

🔑 Discover strategies for building robust teams, securing funding, and learn why 43% of our portfolio companies have 🙍‍♀️ female co-founders leading the way. Find all the answers below👇

Enjoy! 💜

Thank you Riga TechGirls for the opportunity!

#FIRSTPICK #vc #startups #femalefounders #Techchill

Brewing ☕️ new ideas but not sure how to turn them into a matcha latte? Our friends at ROCKIT Vilnius and PropTech Lithuania are inviting such baristas to the Smart Homes, Smart Offices, Smart Cities hackathon.

If you are an early-stage startup, solo ideator, or a professional in the field of smart homes, cities, and spaces 🏡, join this hackathon to strengthen your idea, network with professionals, find the right team, benefit from expert mentorship, connect with inspiring individuals AND win amazing prizes 😎

Apply now to shape the future together! 🌍 Link in comments.

#SmartCityHackathon #Innovation #FutureReady

We're hubmled to receive kind words from Tim Vaino at Fund Fellow Founders (fff.vc), who recently recognized our own Jone as one of the strongest early-stage fund General Partners in the Baltic region 🫶

Listen to their conversation with your morning cup of coffee ☕️ to discover why! Tim and Jone dived into strategies for accessing top deals and making the first picks, examined the early-stage market landscape in Lithuania 🇱🇹, and discussed the power of the community as a bridge to foreign markets. 🤜 🤛

Thanks for having us!

#FIRSTPICK #vc #podcast

VC:FIRSTPICK

First Pick Venture Capital