Vilnius-Based StartupHighway Graduates Four Teams At London Demoday

    StartupHighway just had their Demoday in London, in partnership with Huge Thing, a Polish accelerator. We’ve covered the Vilnius, Lithuania-based accelerator in the past, but if you’re unfamiliar with it, the basic number are it’s a 13 week accelerator that provides €14 000 of funding. During past 12 months StartupHighway has accelerated 10 companies. Half of the startups from their 2011 batch received funding after graduating.

    Rokas Tamosiunas, co-founder of StartupHighway, said there was plenty of interest in seeing what the CEE region can cook up. “This was a very positive experience for us. We were positively surprised by the attendance both of top investors and of top media. London is full of next-stage opportunities and I believe it’s the right place for our startups to network now, we have high expectations both for our 2012 graduates and for the outcomes of this event today.”

    Four Startup Highway teams pitched in London.

    • Place I Live is a web-based solution that empowers home owners, sellers, buyers to make smart decisions related to the real estate. The service provides information about property descriptions, crime data, distance to important locations, school ratings, taxes, and other factors. They estimate the potential market is about 20 million in CEE.
    • Responsell is a proposal management tool for creatives. The tool is aimed at simplifying and optimizing proposal generation processes, which in turn will allow creative agencies and freelancers to save time, money and reduce hassle generating proposals.
    • TV Backstage is a second screen solution for news and gossip about the people you see on TV. While the users watch TV, the company provides them with news about their favourite celebrities and athletes, straight to the iPad (and other Tablet Computers soon). Their shot-term plans are to launch the service in UK market.
    • is a smart phone application for events (festivals or conferences) to help attendees with planning, orientation and social experience within an event. The company is developing a self-care system which enables any event organizer to have an application and engage with their attendees.

    Several interesting teams were also pitching from Huge Thing, the Polish accelerator. More information about those companies can be found here.