AIBiotech & Life SciencesClimate & EnergyDefense & SpaceHardware & SemiconductorsRobotics & Automation
Iron Wolf Capital is an early-stage venture capital firm based in Vilnius, Lithuania, investing in deep tech, AI, and defence startups across the Baltic Sea Region and Ukraine. Founded in 2017, the firm follows a high-conviction, low-volume approach, backing only 6–8 startups per year with cheques typically between €500K and €2M. Its second fund targets €100M to invest in 25 early-stage companies.
Their most common stage is seed (56% of deals). Average disclosed round size is $9.5M (across 7 rounds with reported amounts).
Portfolio
19
Fund Size
$108M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Copla | Series A | $6.3M | Feb 2026 |
 Traxlo | Seed | — | Jun 2025 |
 Self.co | Unknown | — | Jan 2025 |
 Turing College | Seed | $1.1M | Jan 2024 |
 Rendin | Seed | — | Jan 2024 |
 RedTrack | Series A | $3.2M | Jan 2024 |
| Traxlo | Pre-Seed | — | May 2023 |
 Speiz | Seed | — | Dec 2022 |
 Eyevi Technologies | Seed | $2M | Feb 2022 |
| LLitilit | Unknown | — | Jan 2022 |
| Turing College | Unknown | $1.1M | Sep 2021 |
 Rendin | Seed | — | Dec 2020 |
| Rendin | Seed | — | Jan 2020 |
| Rendin | Seed | — | Jan 2020 |
| MMillo Appliances | Unknown | — | Jan 2017 |
 UFORCE | Unknown | $50M | — |
 Kingdom | Seed | — | — |
 Flowstep | Seed | $2.6M | — |
| FFOROS | Unknown | — | — |
| AAmberlo | Seed | — | — |
| MMillo | Unknown | — | — |
| SSolfeg | Unknown | — | — |
| Eyevi Technologies | Seed | — | — |
| RedTrack | Seed | — | — |
 Blackswan Space | Seed | — | — |
Top Co-Investors
Tera Ventures5 shared
Coinvest Capital4 shared
NGL Ventures4 shared
Startup Wise Guys4 shared
Antler3 shared
Specialist VC3 shared
TrueSight Ventures3 shared
Plug and Play Tech Center2 shared
Y Combinator2 shared
Decacorn Capital2 shared
ff Venture Capital2 shared
Superangel2 shared
Tera2 shared
Flyer One Ventures2 shared
DEPO Ventures1 shared
GL Ventures1 shared
Superhero Capital1 shared
Operator Stack1 shared
FIRSTPICK1 shared
Lakestar1 shared
Last updated: 20 October 2026