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.

The firm targets pre-seed, seed, and early Series A rounds, writing initial checks between €250,000 and €1.5 million. Katalista reserves follow-on capital for portfolio companies that demonstrate product-market fit in their first target market outside Lithuania—typically the UK, Germany, or the Nordics. The firm does not participate in rounds above Series B.

Katalista operates as a venture capital fund manager, not a family office. The firm raises external capital from institutional LPs and high-net-worth individuals, deploying through a traditional GP-LP structure. Its advisory and acceleration arms function as separate revenue streams that complement the core fund rather than replace LP capital.

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 focuses on enterprise software, climate technology, artificial intelligence and machine learning, and fintech—the four verticals where Lithuania's regulatory and engineering talent base provides structural advantages. The firm has publicly aligned with EU climate innovation programs including EIT Climate-KIC, indicating an active climate-tech mandate alongside its core software practice.

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.