
Baltic Private Equity and Venture Capital
MARKET OVERVIEW 2023
Welcome to the 2023 Baltic Private Equity and Venture Capital Market Overview
KPMG Baltics Deals team and the Baltic VCAs are honoured to present the Baltic Private Equity and Venture Capital Market Overview 2023. The report has been prepared for the fifth year running, previously with Deloitte and now for the second year with KPMG Baltics.

Baltic Market Highlights
- 3.4B EUR
raised since 2010 - 778M EUR
raised in 2023 - 1.6B EUR
dry powder as at the end of 2023 - 297 Deals
involving Baltic companies in 2023 - 239M EUR
amount invested into Baltic companies in 2023 - 147
investments outside of the Baltics in 2023 - 95M EUR
outbound investments in 2023 - 101
active funds as at the end of 2023
Baltic Investor Universe
Early ventures
Business Angel’s Fund
Capitalia
Contrarian Ventures
Coinvest Capital
Firstpick
Imprimatur Capital Fund Management
Specialist VC
Trind Ventures
United Angels VC

Baltic Private Equity and Venture Capital
MARKET OVERVIEW 2023
Looking for the previous report?
Download the Baltic Private Equity and Venture Capital Market Overview 2022 by clicking the link below.