Lithuania’s FOROS raises 1.2 mln euros, doubles team
Vilnius-based green investment platform FOROS has raised a €1.2 million investment round led by Iron Wolf Capital, 70 Ventures and CoInvest Capital, as it seek...
Lithuania
Lithuanian startup launches stress ball-like hand tremor curing gadget
Kaunas-based Vilimed has certified its hand tremor reducing medical device Vilim ball after five years of product prototyping and testing, saying the ball reduc...
Lithuanian biotech Droplet Genomics raises seed round
Lithuanian biotech Droplet Genomics has raised 1 million euros seed round from Practica Capital and angel investors to commercialise its droplet microfluidics t...
Who said crisis? Lockdowns boost Ziticity to 8-fold growth
Lithuanian same-day delivery startup Ziticity said it saw last year rapid growth in its all three markets - Lithuania, Estonia and France - with yearly revenue ...
Lithuanian fintech Kevin raises €1.5 mln, launches unique PSD2 solution
Lithuanian fintech Kevin has launched the first-ever PSD2 payments solution for mobile payments from pre-linked bank accounts and has raised €1.5 million in see...
Lithuania’s Eneba accelerates global growth with $8 mln A round
Lithuania's Eneba.com - fast-growing gaming e-commerce startups - announced the successful completion of the Series A funding round, raising $8 million from Pra...
Lithuania’s Biomatter Designs raises €500k to develop AI for Generative Protein Design
Vilnius-born startup Biomatter Designs has raised €500,000 in seed funding to further develop the company's protein design technology and product pipeline. B...
Vilnius Has All The Ingredients For PropTech Success
The Lithuanian capital Vilnius has long had a favourable business environment attractive to foreign businesses and investment. Over the last years, it has been ...
Swedish VC Wellstreet Is Coming To Lithuania
Wellstreet, one of Scandinavia’s most active investors in seed and early-stage
startups is coming to Startup Fair in Vilnius, Lithuania on May 16-17. The compa...
Lithuanian IT Sector Is Set For Explosive Growth
In the past few years, Lithuanian IT sector skyrocketed to great heights. With 31,5k IT professionals and 1300 IT graduates, the country is ranked 13th in the w...
Who is who in Baltic fintech?
Back when Windows XP was still a thing, fintech meant the technology applied to the back-end of established consumer and trade financial institutions. Not anymo...
Mean e-motorbikes get investment
Lithuanian extreme performance electric motorbikes Neematic have raised 200,000 euros seed investment from Practica Seed Capital, a fund managed by Practica Cap...
Lithuanian robotics firm raises 500,000 eur
Practica will invest 500,000 euros into Lithuanian robotics firm Rubedo Sistemos, which says it is the first robotics company in the Baltics and one of the firs...
Racing game for 2-year old tops 10 mln downloads
Back in 2013 Jonas Abromaitis, the founder of Lithuanian gaming firm Tiny Lab Productions, was visiting relatives and a 2-year old nephew when he came across th...
New Baltic Fintech: Barclays
Recently there has been a lot of attention to the Baltic fintech scene, with a number of startups attracting major clients and significant amounts of funding. L...
Lithuanian Analytics Startup Sees Early Traction
Lithuanian startup Semseye provides an integrated cloud footfall analytics for brick-and-mortar retailers as well as other physical premises, in other words, th...
MyChef To Enter Finland With New Backing
The top Estonian food delivery startup Mychef has received investment from larger Lithuanian peer Foodout and plans to enter highly-competitive Finnish market d...
Foodout Expands To Iran
Foodout, the No 1 online food delivery firm in Lithuania and Latvia, said on Wednesday it has expanded into Iran, trying to tap the massive market through a joi...
10 Things You Need to Know About LOGIN Startup Fair
Central and Eastern Europe is becoming a technology hub for many corporates, startups and venture capital funds. It is seen as an extremely promising emerging m...
Uber Aims To Double Its Lithuanian Engineering Team During 2016
Uber is launching a recruitment drive to expand its global engineering centre in Lithuania. In little over a year, Uber’s engineering centre in Vilnius has grow...