Our vision
The constantly progressing digitalization, new business models, big data and AI implementation, on-demand production and new cybersecurity threats. All of this will change the way we live, buy and consume goods. It will literally change the world as we know it today.
We want to find and support the future leaders of that change. With approximately EUR 12 million under management, we are going to invest into around 40 hand-picked teams at the pre/seed stage that we will support in the long run.
Our focus
Core:
- Artificial Intelligence
- solutions based on big data
- cyber-security
- robotics, drones
- digitalization
- AR/VR
Additionally:
- Internet of Things for business applications
- smart city/smart buildings
- smart grid
- energy related technologies
- circular economy
- predictive maintenance
- production on demand, mass customization,3d printing
- solutions that improve logistics
- new business models - like marketplaces, SaaS
Not what but who
Who we are looking for:
We invest in great teams. You might not know everything, you might still be looking for your product market fit, you might be at the MVP stage. But you must be a team willing to spend the next few years transforming your vision into reality through blood, sweat and tears.
Ability to listen
Socrates said "I know that I know nothing" - we value open-minded founders who listen to different arguments and are able to validate them fast as hypotheses. After all, it doesn't matter whose argument or idea it was. What should matter is if it works or not.
Commitment
In general we don't invest in teams that are running multiple ventures. Of course there are individuals able to run a few companies at the same time, but you can't build Google, Apple and Facebook simultaneously. WWe need you to commit your time and mind.
Lean attitude
It's almost certain that right now there are a few teams across the world which are building something very similar to what you are doing. You need to be able to put aside the backlog of 20 functionalities that you wanted to implement before going live and instead be able to check your assumptions as soon as possible. We love the pareto rule and lean approach. Great Example from buffer.com
Doers over talkers
The world is full of people who talk a lot about what they are going to do.
We like them, but we invest in people who, instead of talking, roll up their sleeves and get down to work.
Timeframe
Ideally, we would like to be able to either pass on an investment asap or - in case of being interested - invest within two months from the initial talks. Of course that could be different in specific cases - nonetheless, we try to act fast.
We value time - both yours and ours.
Our approach
Believe us - it's a very rare ability among VCs. In order to help and support you, first we need to see your view, listen about the problems that you have and what solution you were thinking of. If you think that the VC will run your company and do things instead of you - you are wrong and we are not the VC that you are looking for. We will help you to be better, we will help your company to be better - by asking the right questions, looking for the answers with you, brainstorming about the quickest ways to validate your hypothesis and connecting you and your team with the right people.
We are your wingman. You lead - we support.
We add value through long-term commitment
Building great companies requires time - and we understand that. Although we invest at the pre-seed/seed stages we want to support you in the long term.
With more than 200 companies in our funnel, we are finalizing the investments with few of them.
We will announce them soon.
Our Partners
Public Partner
National Centre of Research and Development is probably the biggest government agency in this region of Europe dedicated to support research and development.
Scientific Partner
Warsaw Univerisity of Technology is not only the oldest, but also the best technical university in Poland. In the ranking of Polish universities, it has taken the first place in its category for nine years. Thanks to the people from the team responsible for commercialization of academia research - we have access to the world class deep tech experts in various fields of expertise.
LT Capital / 156 Capital sp. z o.o.
Bunscha Office builidng
Karola Bunscha 18
30-392 Cracow, Poland
Email: contact@ltcapital.vc
LT Capital
Metropolitan building
Piłsudskiego square 2, 1 floor
00-073 Warsaw, Poland