Lithuanian fintech Softloans has closed a €1 million pre-seed investment round led by FIRSTPICK.

Lithuanian CTO2B has raised €1 million in a pre-seed funding round led by Practica Capital, with participation from FIRSTPICK and various angel investors.

Vilnius-based Saltz has secured a €3 million seed round led by Lifeline Ventures, with participation from Change Ventures, Illusian Family Office, and business angels.

Vilnius-based Blackswan Space has secured €760,000 to expand its engineering team, accelerate product development, and scale its commercial activities.

HeavyFinance is raising €50 million for its private credit fund to support agricultural SMBs in Bulgaria, Latvia, Lithuania, Poland, and Portugal.

Axiology has raised €2 million to develop a fully functional, regulatory-compliant alternative capital market infrastructure.

Practica Venture Capital III has already invested over €10 million in six companies, including Sentante, Breezit, and AMLYZE, with three more in the term sheet stage.

AskToSell has raised a €100,000 pre-seed funding to automate sales for small and medium-sized business deals. The private beta launch of its platform is planned for October 2024.