FIRSTPICK

FIRSTPICK, a venture capital firm and accelerator, stands out within the Baltic tech scene due to its comprehensive approach to fostering early-stage startups. Established in 2022, the firm rapidly built a reputation as the go-to partner for founders aiming to propel their businesses from ideation to market dominance. FIRSTPICK is heavily involved in the technology sectors including fintech, SaaS, and consumer marketplaces, with a distinct openness towards other innovative markets. Its unique blend of financial backing and strategic support is designed to cater to emerging needs within the startup ecosystem, supporting the journey from seed stage to companies potentially worth billions. This holistic support structure is not only financial but also intellectual, offering equity-free grants in the idea development phase and access to pre-acceleration programs critical for initial growth. FIRSTPICK's capital originates from a synergy between private investments and the Lithuanian ILTE fund, with investment capabilities stretching from an initial ticket size of €50,000 to a potential €1 million in follow-on investments.

Technologically, FIRSTPICK matches its financial agility with strategic foresight, aligning itself with web3 technologies through investments in infrastructure-heavy sectors like fintech and SaaS. Its strategic investments reflect a profound understanding of Web3's transformational capabilities vis-à-vis decentralized finance (DeFi), tokenomics, and smart contracts. Moreover, FIRSTPICK’s investment strategy is exemplified by a meticulous selection of future-forward enterprises such as AMLYZE, which dovetails into broader fintech strategies aligning with Web3 paradigms. This foresight underscores FIRSTPICK's remarkable adaptability and forward-thinking outlook, allowing it to align with not just present but also anticipatory tech landscapes. Its portfolio, comprising of 38 companies within a year of its inception, showcases a dynamic, fast-paced vision, characteristic of both its operational ethos and commitment to innovation. The firm cements its role as key driver of technological innovation within the Baltic region and a vital partner to tech entrepreneurs navigating the early but critical stages of growth in the evolving digital economy.