# TELE2

> TELE2 is a VC fund in Vilnius backing SaaS, AgTech and Security. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Vilnius, Lithuania
- Total investments: 2
- Last investment: Aug 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/tele2lietuva
- Website: http://Tele2.lt

TELE2 is a mobile operator that provides mobile and fixed communication, data transmission, smart TV, and content services.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 50% |
| AgTech | 1 | 50% |
| Security | 1 | 50% |
| Software | 1 | 50% |
| Service Industry | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Pre-Seed | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Frontu | Frontu is a flexible and effective tool for managing tasks, processes and employees.Made for businesses with a mobile workforce, it connects your office employees with your field service representatives in real time:your field service representative uses a personalized app on his Android device your office employee manages the process throughthe web portal. | $646.4K | Seed | Aug 24, 2021 |  |
| Frontu | Frontu is a flexible and effective tool for managing tasks, processes and employees.Made for businesses with a mobile workforce, it connects your office employees with your field service representatives in real time:your field service representative uses a personalized app on his Android device your office employee manages the process throughthe web portal. | $1M | Pre-Seed | Oct 01, 2014 |  |

2 of 2 investments shown.

## Co-investors
- [iTo](https://shizune.co/investors/profile/ito-77fa) — VC Fund, 2 deals together
- [LT Capital](https://shizune.co/investors/profile/lt-capital-5861) — VC Fund, 1 deal together
- [Open Circle Capital](https://shizune.co/investors/profile/open-circle-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SVG Ventures](https://shizune.co/investors/profile/svg-ventures) — VC Fund
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### Similar stage
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### Similar country
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## Featured in investor lists
- [Proptech Investors in Lithuania](https://shizune.co/investors/proptech-investors-lithuania)
- [SaaS Investors in Lithuania](https://shizune.co/investors/saas-investors-lithuania)
- [Real Estate Investors in Lithuania](https://shizune.co/investors/real-estate-investors-lithuania)
- [Agriculture (agtech) Investors in Lithuania](https://shizune.co/investors/agriculture-agtech-investors-lithuania)
- [Agriculture (agtech) VC Funds in Lithuania](https://shizune.co/investors/agriculture-agtech-vc-funds-lithuania)
- [SaaS VC Funds in Lithuania](https://shizune.co/investors/saas-vc-funds-lithuania)

## FAQ

### What does TELE2 invest in?

TELE2 invests primarily in SaaS, AgTech and Security startups, most often at Seed and Pre-Seed stage. Most of the 2 investments tracked by Shizune back companies in Lithuania. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did TELE2 last invest?

The most recent investment recorded for TELE2 closed in Aug 2021. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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