Katalista Ventures

Managing Partner Mindaugas Glodas and Partner Arminta Saladziene lead the investment committee. Glodas brings operational experience from Nasdaq-listed Lithuanian companies, while Saladziene contributes regulatory and public markets expertise from her tenure at the European Commission and Vilnius Stock Exchange. The small partnership structure means all investment decisions require consensus between the two principals.

Katalista runs accelerator and advisory programs that build relationships with founders before formal fundraising processes begin. This advisory-to-investment pipeline captures companies that never broadly market their rounds. The firm's deep integration into Lithuania's fintech and enterprise software networks—built through Glodas and Saladziene's decades of local operating history—provides access to startups formed inside the regulatory sandbox environment that produced Revolut's banking license and TransferGo's payment rails.

Katalista invests exclusively through direct equity deals—the firm does not make fund-of-fund commitments or purchase secondary stakes. This direct-only posture reflects the partnership's conviction that operating expertise creates value only when deployed alongside portfolio company management teams, not through intermediary fund managers.

Katalista functions as a bridge between Lithuania's pre-seed density—the country ranks first in the EU for early-stage funding per capita—and the Series A capital concentrated in Berlin, London, and Stockholm. The firm often co-invests with Baltic-focused VCs such as Practica Capital and Change Ventures, providing local due diligence and operational support that foreign funds cannot replicate at the sub-€2 million check size.