Vinted: Lithuania’s Most Valued Startup In 2019
Easy to use online platforms where people can sell items that they no longer need or buy used ones at a lower price have spawned across the world. Nearly every...
Lithuania
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...