INVESTORS AND PARTNERS
In 2012, business accelerator Startup Highway made an investment into the development of Place I Live, and in 2013 the company raised 200K Euro seed investment of a group of risk capital companies (VC) Practica Capital under the JEREMIE initiative administered by the European Investments Fund (EIF) using structural support funds under the economic growth actions programme of 2007-2013 co-financed by the European Regional Development Fund (ERDF).
In summer 2014 Place I Live participated in a two-week business acceleration program, provided by Blackbox VC, in San Francisco. It’s a unique program for non-US startups to access resources and scale globally.
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Practica Capital is a group of risk capital companies incorporated in 2011 when a team of financiers and businessmen who had sold their businesses was formed. The group administers a 6 million euros initial stage risk capital fund Practica Seed Capital and 15.7 million euros risk capital fund Practica Venture Capital. For more information visit: www.practica.lt.
Startup Highway is the biggest programme of promoting new businesses supported by consultations of mentors and financial assistance to business starters. Startup Highway started its activities at the end of 2011 and has already invested in 15 companies. For more information visit: www.startuphighway.com.