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Key people at FIRSTPICK.
We are a high-speed VC fund for tech startups in the Baltics, focusing on early-stage investments in AI, Fintech, SaaS, and Marketplaces.
FIRSTPICK is a high-speed venture capital fund and accelerator based in the Baltics that invests primarily at the pre-seed and seed stages. Its mission is to back ambitious founders and help grow startups from initial ideas to potentially €1 billion valuation companies. FIRSTPICK focuses on sectors including fintech, SaaS, deeptech, and consumer marketplaces, offering fast investment decisions typically ranging from €50K to €250K. Beyond capital, it provides hands-on support through pre-acceleration and acceleration programs, combining investment with knowledge sharing and a strong founder network to help startups scale globally[1][3][5].
Founded in 2022, FIRSTPICK emerged from a team with extensive experience supporting over 100 startup founders in early stages. Key partners include Jonė Vaitulevičiūtė, with a background in advising startups and managing VC funds; Marijus Andrijauskas, an entrepreneur and technologist with international experience; and Tadas Gudauskas, an acceleration expert with a background in investment consulting and economic development. The fund evolved to fill a gap in the Baltic startup ecosystem by providing rapid funding decisions and deep operational support, leveraging the founders’ prior experience and networks to accelerate startup growth[1][3][5].
FIRSTPICK rides the growing trend of early-stage tech investment in emerging European ecosystems, particularly the Baltics, which are gaining recognition for fintech, SaaS, and deeptech innovation. The timing is favorable due to increasing global interest in Baltic startups and supportive local government programs like Lithuania’s INVEGA fund. FIRSTPICK’s rapid investment pace and acceleration programs help startups capitalize on these market forces, fostering innovation and contributing to the maturation of the regional tech ecosystem. Its focus on impact technologies and fintech aligns with broader digital transformation trends worldwide[1][3][5].
Looking ahead, FIRSTPICK aims to continue scaling its portfolio companies toward unicorn status by deepening its acceleration programs and expanding its network. Trends such as increased digitalization, embedded finance, and deeptech breakthroughs will shape its investment focus. As the Baltic startup scene grows in prominence, FIRSTPICK’s influence is likely to expand beyond the region, positioning it as a key player in early-stage European venture capital. Its founder-first philosophy and fast decision-making model may set new standards for VC engagement in emerging markets[1][3][5].
Key people at FIRSTPICK.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 19, 2026 | Tingit | $1.8M Other Equity | Viktorija Trimbel | BADideas.fund, Firstpick, Heartfelt, NGL Ventures, PurposeTech |
| Feb 19, 2026 | CyberUpgrade | $7.1M Series A | Viktoras Jucikas | Firstpick, Loggerhead Partners, NGL Ventures, Operator Stack, Specialist VC, Superhero Capital |
| Dec 9, 2025 | Algori | $4.2M Other Equity | — | Jared Schrieber, AttaPoll, Change Ventures, Coinvest Capital, Firstpick, Flashpoint, Red Bull Ventures, Ricardo Jacinto, Pedro de Alava |
| Oct 9, 2025 | CBRX | $630K Pre-Seed | Viktorija Trimbel | Firstpick, Plug and Play Ventures, ScaleWolf VC |
| Aug 12, 2025 | GREÏ | $760K Pre-Seed | Marijus Andrijauskas | — |
| Aug 1, 2025 | Handwave | $4.2M Seed | Arvydas Bloze | Firstpick, Inovo Venture Partners, Outlast Fund |
| Jul 29, 2025 | Psylink | $580K Pre-Seed | Viktorija Trimbel | Sandra Golbreich, Firstpick |
| Jun 1, 2025 | Skarbe | $600K Seed | Dmitrij Sosunov | Seraphim Space, Andreas Mihalovits, Jeroen Van Ermen, Somersault Ventures |
| Oct 15, 2024 | WhiteBridge | $500K Pre-Seed | Dmitrij Sosunov | First Degree Capital, Necto Labs, ScaleWolf VC |
| Aug 23, 2024 | Tingit | $560K Pre-Seed | Jone Vaituleviciute | BADideas.fund, Heartfelt, PurposeTech |
| May 13, 2024 | Liledu | $540K Other Equity | Andra Bagdonaite | BADideas.fund, Heartfelt |
| Apr 19, 2024 | Softloans | $1.1M Pre-Seed | Firstpick | — |
| Apr 17, 2024 | CTO2B | $1.1M Pre-Seed | Arvydas Bloze | Dmitrij Sosunov |
| Feb 21, 2024 | Samphire Neuro | $2.3M Pre-Seed | — | Pamela Walker Geddes, Rowena Ironside, AfterWork Ventures, Ayuh, CVX Ventures, Firstpick, Seaside Ventures, Duncan Turner |
| Dec 1, 2023 | Liledu | $140K Pre-Seed | Andra Bagdonaite | — |
| Dec 1, 2023 | Inspectle Food | $430K Seed | Change Ventures | Andrius Slimas, Artis Kehris, Firstpick, Heartfelt |
| Aug 15, 2023 | Swotzy | $550K Pre-Seed | Aleksander Dobrzyniecki | Andra Bagdonaite |
| WhiteBridge | $3.0M WhiteBridge Seed 2026 | Firstpick, Dmitrij Sosunov | Jaunius Kadunas, Jonas Kamasauskas, Kaan Anit, Simonas Valiusis, Tomer Warschauer Nuni, Vytautas Zabulis, BADideas.fund, First Degree Capital, Necto Labs, NGL Ventures, Plug and Play, ScaleWolf VC |