
NGL Ventures is an angel syndicate and startup board member network based in Vilnius, Lithuania, with operations in Riga, Latvia. It organizes investment syndicates where private investors pool capital to invest collectively in early-stage startups, and also places advisory board members with founders.
Their most common stage is seed (40% of deals). Average disclosed round size is $2.8M (across 4 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Seed
Last 12 Mo
2
Team
AH
Adriaan Hoogduijn
Investor
TB
Tadas Baltonis
Investor
AB
Aris Brencis
Managing
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $3M | Mar 2026 | |
| Series A | $6.3M | Feb 2026 | |
| Seed | — | Jun 2025 | |
| WWalk15 | Series A | — | Mar 2025 |
| CCyberUpgrade | Seed | $650K | Jan 2025 |
| Pre-Seed | — | Jan 2025 | |
| Unknown | — | Jan 2025 | |
| Unknown | $1.1M | — | |
| Seed | — | — | |
| Unknown | — | — |
Top Co-Investors
Coinvest Capital5 shared
FIRSTPICK5 shared
private angel investors4 shared
Superhero Capital4 shared
Plug&Play3 shared
Iron Wolf Capital3 shared
Specialist VC3 shared
Plug and Play Tech Center2 shared
GL Ventures2 shared
DEPO Ventures1 shared
Antler1 shared
Scalewolf1 shared
First Degree1 shared
BADideas.fund1 shared
Operator Stack1 shared
Last updated: 27 September 2026