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 (71% of deals). Average disclosed round size is $12.4M (across 5 rounds with reported amounts).
Portfolio
7
Fund Size
$108M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Copla | Series A | $6.3M | Feb 2026 |
 Traxlo | Seed | — | Jun 2025 |
 Turing College | Seed | $1.1M | Jan 2024 |
 EyeVi | Seed | $2M | Feb 2022 |
 UForce | Unknown | $50M | — |
 Kingdom Technologies | Seed | — | — |
| FFlowstep | Seed | $2.6M | — |
Top Co-Investors
Specialist VC3 shared
Plug and Play Tech Center1 shared
Coinvest Capital1 shared
DEPO Ventures1 shared
NGL Ventures1 shared
Antler1 shared
GL Ventures1 shared
Superhero Capital1 shared
Operator Stack1 shared
FIRSTPICK1 shared
Lakestar1 shared
In-Q-Tel1 shared
Shield Capital1 shared
Ballistic Ventures1 shared
Y Combinator1 shared
Decacorn Capital1 shared
ff Venture Capital1 shared
Superangel1 shared
Metaplanet1 shared
Tera Ventures1 shared
Last updated: 8 September 2026