Iron Wolf Capital

Still time to join in Vilnius or online. Rumor has it, some big announcements from Turing College will be unveiled. And of course, always awesome to see Viktoras Jucikas moderate a panel, especially when the speaker line-up is truly world-class. Registration link in comments👇

From strength to strength! Great work, Turing College and team - you rock, and we're excited for what's to come.

After our first successful collaboration with the 101 Fellowship at the beginning of the year, we decided to join them in supporting their fall cohort as we are aligned with their mission to make the venture capital industry a more accessible and inclusive space. This cohort, we've had the pleasure of introducing not one but two aspiring venture professionals into our team for the duration of the fellowship—welcome, Ugnė and Volodymyr! Both have strong ties to the Baltics and bring international experience and complementary backgrounds to the team getting to experience and contribute to the full range of tasks from fundraising, deal sourcing and due diligence to post-investment support, platform, and operations. Good luck and lots of learning! 🚀

We have just published another edition of our bimonthly newsletter, this time summarizing the latest coverage the startup ecosystem developments across the Baltics have been getting from Sifted's regional startup leaderboard to Startup Estonia's quarterly data crunch on the progress in Estonia, all of which has had several of our portfolio companies highlighted and shining as well. 🌟 Additionally, you'll find some of the recent updates and funding news from our portfolio, and a list of events across Europe to catch our team in November! And in case you aren't yet receiving our newsletter, sign up here – https://lnkd.in/epzVes7E! ✅

Congrats and good luck to Turing College who has just received a EUR 2.5M EIC grant for the development of advanced artificial intelligence solutions in adult education. Turing College's team was among the just 7% of successful applicants out of a nearly 1000 companies applying for the grant. 🎉 As Lukas Kaminskis, co-founder of Turing College said: "Everyone agrees that artificial intelligence will bring big positive changes to education, but no one knows what kind yet. My team and I have been looking for an answer to this question for eight years and we think we have found it, at least in the area of digital skills development.” We looking forward to the many educational innovations developed by their team, and are privileged to be supporting them on this journey. 🚀 More details on their plans in Lithuanian: https://lnkd.in/eMVCUXzh.

Great news to cap off October 🎉 Congratulations to Turing College and RedTrack.io for making it to Sifted’s 30 fastest-growing startups leaderboard for Eastern Europe and the #Baltics! Major kudos to the talented and hardworking founders Lukas Kaminskis, Tomas Moska, Benas S., Vlad Zhovtenko 🇺🇦, Vladimir Vassilevski and Artyom Shpakov along with their incredible teams for setting new standards in the region. Valio! Urrā! Hurraa! 👏🏻

We're very proud of our portfolio company Traxlo, a pay-per-task gig-work marketplace, for winning the Startup World Cup Prague Regional Finale! This grants them passage to the Grand Finale in Silicon Valley where they will compete for a $1M prize. 💸 Congrats, Paul V. and Almantas Zemblys, and good luck in San Francisco!

The first two weeks of October were a true marathon of events across Europe for our team as we made lots of new connections, had countless great conversations, and reconnected with old friends on the road. Let's recap! The month started at Bits & Pretzels, Germany's top startup event in Munich, coinciding with the legendary Oktoberfest, fusing the two into an unforgettable networking experience. From there, we split across the Baltics, attending the annual highlight of Lithuania's startup events, Investor Camp and Startup Fair in Vilnius while our partner Kasparas Jurgelionis hosted the honorable Lord Mayor of London, Michael Mainelli for lunch in Tallinn with the conversation spanning AI, education, and more. During the Startup Fair, our team had the chance to contribute to the jury panel in several pitching sessions, while our partner Viktoras Jucikas hosted a panel discussion on AI with Audrius Zujus from Argyle, and Karolis Misiunas from Google DeepMind, exploring the current state of AI and its implications for startups and investors. As the Startup Fair was in full swing in Vilnius, a part of our team was also present in Tallinn for the first Tech Tour Deep Tech & Defence event which brought together a select group of top early-stage deep tech startups and investors across Europe. We had the privilege to support the event together with great partners such as Startup Estonia, Invest in Estonia, Estonian Founders Society, Sheffield Haworth, Zaz Ventures, Sorainen, and Plural, and we're already looking forward to the next edition! To cap off the tour, Kadi-Ingrid Lilles headed to Paris for the annual WVC:E Summit which brought together 350+ female investors, GPs, and LPs for 2 days of networking, workshops, sharing of best practices, and advancing the diversity efforts in VC. Thank you to everyone who made this such a memorable few weeks, we look forward to staying in touch and strengthening the ties. While the team takes a moment to recharge, be sure to follow and catch us at several upcoming startup events across the Baltics and Nordics!

We're very proud of our portfolio company RedTrack.io and their team led by Vlad Zhovtenko 🇺🇦, Vladimir Vassilevski, and Artyom Shpakov who have announced a fresh Series A funding round of €2.9M led by Lead Ventures with participation from us, InstaVC, and angel investor Balázs Gandera. The new funds will be used to strengthen the product team, accelerate AI product development, and capitalize on existing inroads into the U.S. market. These improvements will ensure that RedTrack remains an indispensable tool for media buyers globally, particularly in the e-commerce and direct-to-consumer industries. 🚀 Lithuanian Private Equity and Venture Capital Association, Estonian Private Equity & Venture Capital Association (EstVCA), Lithuanian Business Angel Network LitBAN, Estonian Business Angels Network (EstBAN) https://lnkd.in/dNpd7Qsg

The events season is on with the first key event, the Baltic VCA Summit just behind us! 3 special shoutouts go to: #1: Iron Wolf Capital's Managing Partner Kasparas Jurgelionis, who, wearing his Chairman of the Lithuanian Private Equity and Venture Capital Association hat, gave a welcome speech at a sold-out auditorium, and moderated a panel on LPs' perspectives of the Baltic investing landscape.  #2: Our portfolio company Repsense's CEO, Mykolas Katkus, gave a great presentation showcasing his technology for analyzing the public sentiment of the Baltic VC and startup ecosystem. #3: All the panelists, speakers, organizers, side event hosts, fellow investors, and ecosystem partners as well as Vilnius for the amazing weather 👏. Looking ahead, we're excited to catch up with many of you in a few weeks at the Startup Fair in Vilnius on October 3rd. Stay tuned! 🚀