Iron Wolf Capital Launches EUR 100 Million Fund Backed by Walless
Funding | Jun 10, 2025 | CEE Legal Matters
Walless has served as legal advisor to Iron Wolf Capital on the establishment of a EUR 100 million fund targeted at driving growth in early-stage deep tech and AI startups within the Baltic region. This initiative reflects a strategic commitment to enhancing sectors such as AI, photonics, robotics, biotech, and space tech in Lithuania, Latvia, and Estonia. The fund has already secured over EUR 30 million and plans to invest in up to 25 companies. The advisory team from Walless was composed of several partners and associates, indicating a robust legal underpinning to the fund's foundation.
Sectors
- Venture Capital
- Deep Tech
- Artificial Intelligence
Geography
- Baltic Region – The fund is focused on supporting startups in Lithuania, Latvia, and Estonia, representing the Baltic region.
Industry
- Venture Capital – The article discusses the launch of a new venture capital fund by Iron Wolf Capital, aimed at investing in early-stage companies.
- Deep Tech – The fund focuses on deep tech startups, indicating an emphasis on companies that are developing advanced technological solutions.
- Artificial Intelligence – AI is a target sector for the fund's investments, highlighting its relevance within the investment strategy.
Financials
- EUR 100 million – Total size of the fund launched by Iron Wolf Capital.
- EUR 30 million – Amount already secured for the fund by Iron Wolf Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Iron Wolf Capital | Fund Manager | Company | A venture capital firm launching a new EUR 100 million fund focusing on deep tech and AI startups in the Baltic region. |
| Walless | Legal Advisor | Company | A legal advisory firm that supported Iron Wolf Capital in the launch of their new fund. |
| Andrius Ivanauskas | Partner | Person | Partner at Walless, involved in advising Iron Wolf Capital. |
| Mindaugas Lukas | Partner | Person | Partner at Walless, involved in the fund's legal advisory team. |
| Alina Makovska | Partner | Person | Partner at Walless, part of the advisory team. |
| Laurynas Narvydas | Partner | Person | Partner at Walless, part of the legal advisory team. |