What LT Capital does

LT Capital sp. z o.o. is a Krakow, Poland-based venture capital fund founded in 2019 (operating as a trademark of 156 Capital sp. z o.o.), focused on preseed and seed-stage investments in technology companies. The fund began as a small Polish vehicle and grew to one of the most active preseed/seed investors in Central Eastern Europe, with a portfolio of approximately 40 companies spanning cybersecurity, AI, robotics, e-commerce, construction tech, healthcare, fintech, cleantech, and sustainability. It is managed by two Managing Partners, Łukasz Świercz and Tomasz Jastrzębski, and pursues a sector-agnostic thesis anchored on founder quality — emphasizing speed of decision (~2 months from initial conversation), long-term commitment, and a 'wingman' support model rather than micromanagement. The fund is registered with the Polish Financial Supervision Authority (KNF) under four ASI identifiers and publishes SFDR disclosures under EU Regulation 2019/2088.

The fund's economic engine is the standard VC dual-revenue model: recurring annual management fees (typically 1.5–2.5% of committed capital) covering operations and team costs, supplemented by event-driven carried interest on successful exits. Initial firepower was anchored by the EU co-financed '156 Capital Alfa' project — a 44,000,000 PLN vehicle with a 35,200,000 PLN subsidy from BRIdge Alpha under the Intelligent Development Operational Programme 2014–2020 — rather than by traditional institutional LP closings. Since 2024, LT Capital has expanded its investment scope geographically beyond CEE and entered the buyout segment by acquiring controlling stakes in mature IT/software companies, layering a fundamentally different return profile (cash-flow assets, control deals) on top of its preseed/seed venture core.

Recognition milestones include being named one of the most active preseed/seed funds in CEE (2022), the most recommended VC in the preseed/seed category in regional rankings, and a 'Key local AI-focused investor' in the State of AI in CEE Report 2023 by Recursive and Google Startups. Notable portfolio outcomes include GlobeKeeper (4,000+ safety incidents resolved, 50,000+ people kept safe), Nethansa/Clipperon (Amazon-certified marketplace automation), and ProperGate (Urban Tech Challengers construction-tech startup of the year 2022). Deal flow is sourced through founder-network referrals, direct outreach, and ecosystem participation; the fund has no traditional product GTM motion because it sells equity, not software.

Name

LT Capital

Legal name

LT Capital sp. z o.o.

Website

https://ltcapital.vc

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Polish preseed and seed venture capital fund founded in 2019, investing in early-stage technology companies across Central Eastern Europe with a sector-agnostic, founder-focused thesis.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)

Keywords

• Venture capital fund
• Preseed seed investing
• Early-stage technology
• Startup equity funding
• Buyout acquisitions

Headquarters

HQ city

Krakow

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Carried Interest (Performance Fees): As a VC fund, LT Capital's primary economic upside comes from carried interest — a share of profits generated when portfolio companies achieve successful exits (acquisitions, IPOs). This is the dominant return driver for venture funds.
2. Management Fees: VC funds typically charge an annual management fee (usually 1.5–2.5% of committed capital) to cover operational expenses including team compensation, deal sourcing, and portfolio support. This provides recurring revenue during the fund's lifecycle.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

LT Capital is a Poland-based preseed/seed venture capital fund founded in 2019 that provides equity financing and long-term strategic support to early-stage technology founders across Central Eastern Europe. The fund has invested in approximately 40 portfolio companies and, since 2024, has expanded beyond CEE and into buyout acquisitions of mature IT/software businesses.

Product overview

LT Capital is a Polish venture capital fund (preseed/seed) founded in 2019, focused on investing in early-stage technology companies across Central Eastern Europe. As a VC fund, it does not develop or offer its own technology products or services; instead, it provides capital and support to portfolio companies. The fund manages a portfolio of approximately 40 companies across various sectors including cybersecurity, AI, robotics, e-commerce, healthcare, and sustainability.

Differentiator

Problem solved

Functional benefit

Products and services

• Pre-seed / Seed Equity Financing Equity capital investment at preseed and seed stages for early-stage technology founders, combined with long-term strategic support, networking, and brainstorming without micromanagement. Target cycle: ~2 months from initial conversation to close.
• Buyout Acquisitions of Mature IT/Software Companies Acquisition of controlling stakes in mature IT/software companies, providing growth capital and ownership transition support for established software businesses, complementing the fund's preseed/seed activities.

Quantifiable outcome

• ~40 companies in portfolio as of 2022–2023, making LT Capital one of the most active preseed/seed funds in CEE
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Day One Capital: Hungarian early-stage VC fund backing CEE tech founders. Comparable in regional focus, early-stage orientation, and fund size band.
• Openfund: Greek preseed/seed VC fund. Comparable stage and sector-agnostic, founder-first thesis, focused on a regional Southeastern European market.
• Inovo.vc: Polish venture capital fund focused on early-stage technology companies across CEE. Closely comparable in geography, stage (preseed/seed), and founder-first philosophy, making it the most direct competitor for deals in LT Capital's home market.
• Kaya VC: Polish preseed/seed VC fund focused on exceptional CEE founders. Direct competitor for the same founder pool and stage that LT Capital targets.
• bValue Fund: Polish early/growth-stage VC. Overlaps with LT Capital in Polish deal flow and in backing ambitious CEE founders at the seed stage.
• Credo Ventures: Czech-based early-stage VC investing across CEE. Operates in the same geography and stage band, with a similar sector-agnostic, founder-driven approach.

Broad incumbents

• Earlybird: One of Europe's longest-standing venture capital firms. Not a direct preseeed competitor, but a relevant incumbent that participates in many CEE rounds and shapes the broader CEE venture ecosystem.
• Speedinvest: A larger, established European early-stage VC with deep CEE exposure. Competes for talent and follow-on capital rather than directly for the same preseed deals.

Regional players

• Fil Rouge Capital: Croatian VC focused on early-stage companies across the Balkans/Adriatic region. Adjacent geography with overlapping portfolio characteristics in software and digital services.
• South Central Ventures: Early-stage growth VC investing in the Western Balkans and emerging Europe. Comparable role as a regional specialist investing in digital/tech founders, with overlapping CEE-adjacent thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xlinkedin.com/company/lt-capital
• LinkedInpl.linkedin.com/in/lswiercz

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments34 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LT Capital