Startup Lithuania

🧩 What a week! Let’s rewind to Tuesday and our monthly gathering – #Startup #Meetup #Vilnius! Together with Unicorns Lithuania & Vilnius TechFusion, we brought Lithuania’s vibrant startup #community together once again! 🔗 The evening kicked off with an inspiring keynote by Anette Nørgaard, Relationship Director at Visma Dinero (Denmark), on The Power of Networks. Later, during a fireside chat, Karolina Urbonaitė Head of Startup Lithuania at Inovacijų agentūra, joined Anette to dive into startup growth, challenges, and key lessons learned. A big round of applause to our bold startups who took the stage: 👏 #AiRave.party 👏 #Caasify 👏 WelloWork – the public’s favorite! Your creativity and drive continue to inspire us all! Mark your calendars – the next #Vilnius #Startup #Meetup is happening on February 25. Stay tuned! 🔥 📸 Now, let’s relive the best moments from the event!

🚀 One week left to apply! Edtech isn’t just about building a product—it’s about shaping the future. But scaling an #edtech startup is uniquely challenging, from selling to schools and governments to expanding internationally. Traditional accelerators don’t address these specific needs. That’s why Edu Challenger exists— our edtech-focused accelerator, in partnership with xEdu and Civitta, offering expert mentorship, industry connections, no equity requirements, and the chance to secure a grant. ❗ Don't miss out! Apply by February 6th: https://lnkd.in/dYEYgg9A 🤓 Questions? Ask startups from our current batch!

Wrapping up the year with the best people in the best way! 🏁 🌯 Yesterday, we came together to celebrate Lithuania’s #startup #ecosystem at #Wrapupof2024 event—taking stock of where we stand today, reflecting on 2024, and looking ahead to what’s next. The latest insights from Dealroom.co and discussions with ecosystem leaders gave us a clearer picture of the road forward. Key moments from the event: 🎙️ Romualda Stragienė, Director of our Inovacijų agentūra, opened the gathering with a powerful message on the importance stepping beyond our usual circles. 🎙️ Karolina Urbonaitė, Head of our Startup Lithuania division, broke down the numbers, key achievements, and what they mean for the ecosystem today. 🎙️ Tomas Andriuškevičius, partner at Practica Capital, shared an overview of Lithuania’s startup landscape and the current investment climate. 🎙️ Giedrė Čiuladienė, partner at TRINITI JUREX, highlighted important legal updates shaping the ecosystem. 🎙️ Rokas Kolovskis, Ecosystem manager at Vilnius TechFusion, explored the startup scene in Vilnius. 🎙️ Gytautas Kulakauskas, Startup Ecosystem Facilitator at Kaunas IN, reflected on Kaunas as a growing hub for #startups. 💙 A huge THANK YOU to everyone who joined! Your insights, energy, and dedication make this community stronger. And a special shoutout to all mentioned partners & Ekonomikos ir inovacijų ministerija for making this event possible! 🙌 📊 The Dealroom report is now live. Check it out anytime to get a clear snapshot of where we are today. Link in the comments! 📸 Swipe through the photos to relive the best moments!

The latest Dealroom.co report has arrived, offering a 🦄 deep dive into Lithuania's startup ecosystem—an epicenter of remarkable performance and resilience, even in the face of global challenges. Key findings from the report: ✨ Over the past decade, the ecosystem has grown 39x, from €419M in 2014 to an impressive €16B valuation today. ✨ We’re still waving the flag as one of the fastest-growing startup hubs, ranked 2nd in value created per capita in Central and Eastern Europe (CEE). ✨ €128M invested in 2024, with Ovoko \ RRR.LT closing the largest funding round at €20M. ✨ Lithuania is leading in cybersecurity and defense technologies, positioning itself as a key player globally. ✨ The country has produced unicorns like Vinted (€5B valuation) while attracting global unicorns such as Revolut and Unity. ✨ From VC-backed startups to bootstrapped innovators, Lithuania’s ecosystem continues to evolve, producing notable exits like Pixelmator and MedDream and showing promise for the next wave of unicorns. Lithuania’s startup ecosystem has shown remarkable resilience to global economic challenges and continues to stand out as a hub for innovation and growth! Detailed overview of the startup ecosystem and news release in the comments 👇

🌟 Exciting News! 🌟 Vilnius has been recognized by StartupBlink as the “Best Cybersecurity Startup Ecosystem in the EU” for the second year in a row! This incredible achievement highlights the city’s impressive growth and unwavering commitment to fostering cybersecurity innovation. StartupBlink’s decision is backed by a rigorous methodology, evaluating over 40 parameters across 11 industries and 91 sub-industries. Key factors like regional performance, industry accomplishments, and year-on-year growth played a vital role in this recognition. As our Head of Startup Lithuania, Karolina Urbonaitė, perfectly said during her acceptance speech: “This achievement is truly a team effort. It’s the result of passionate founders, supportive investors, forward-thinking policymakers, and a community that believes in collaboration. Together, we’ve created an environment where startups can dream big, grow fast, and tackle global challenges—like #cybersecurity.” A massive THANK YOU to our thriving #startup community, investors, and partners who made this possible. Together, we’re showing the world what Vilnius—and Lithuania—can achieve! 🏆✨

🗽 Batch 4 is here – and it’s ready for you to jump in! The Startup Lithuania #Accelerator powered by Plug and Play Tech Center is back, and this is your best chance to go global! 🌍 Are you an ambitious early-stage tech #startup ready to make an impact? With this program, you’ll gain access to Silicon Valley-level expertise, world-class connections, and a powerful toolkit to scale your business internationally. Here’s the deal: - Top-tier #Mentors: Insider advice from industry legends and VC experts. - #Global #Network: Tap into the world’s most connected innovation ecosystem. - Personalized #Support: Office hours, workshops, and real-world strategies to #scale faster. You’re not just joining an accelerator—you’re joining a community and a movement to take Lithuanian startups to the global stage. 🗓 Apply by March 7, 2025 🔗 All the details you need: https://pnptc.in/3HdnPj0 👉 Don’t miss this opportunity—your startup’s global journey starts here!

👾 Start 2025 with your #startup family at Startup Meetup Vilnius! When: January 28th, 4 PM Where: Tech Park, Vilnius (Antakalnio g. 17) Whether you're just starting out or scaling to the next big stage, this is the place to be! 🎤 #Hear a keynote speech by Anette Nørgaard, a seasoned startup #mentor and networker who has built and scaled companies, advised countless startups, and dedicates her time to giving back to the ecosystem. She has worked with names like Microsoft, Vækstfonden, and Visma Dinero. Her talk, “The Power of Networks,” will show how strong connections can transform your startup journey. 🔥 #Join the fireside chat with Karolina Urbonaitė, Head of Startup Lithuania, and #Anette, as they dive into the power of networks and startup growth strategies. 🎙️ #Pitch your ideas, meet like-minded innovators, and start the year with fresh opportunities. This is more than an event – it’s your startup family reunion. Ready to join us? Secure your spot now – check the first comment for the registration link!

What an incredible way to kick off Batch 3 of the Startup Lithuania Accelerator, powered by Plug and Play! 🌌 At yesterday’s event, we were inspired by the fireside chat with Gintare Verbickaite, CEO of Unicorns Lithuania, and Anastasija Hadunkina, Ventures Analyst at Plug and Play Tech Center #Lithuania. Hearing success stories from Catherine Kurt, Co-founder of AQ22 and Tomas Byckovas, Co-founder of Biohifas, who just came back from the Silicon Valley #GOAL #program, was beyond motivating. Seeing how Lithuanian startups are making moves on a global scale gave us even more confidence in the potential of this program and our ecosystem. And then came the big moment: the official introduction of Batch 3 participants. We’re thrilled to support such a talented group of startups as they begin this exciting journey: ✨ CBRX ✨ Clarus.AI ✨ OLEC Technology ✨ Pioneera Biosciences ✨ ProtiumTech ✨ Psylink ✨ QIBUS ✨ Renewabl ✨ RoadMaster VR ✨ Strato Create ✨ Stuart Energy ✨ Sustainalyse ✨ Unbound Autonomy ✨ Vital3D Technologies A huge thank you to everyone who helped make this event so special. We can’t wait to see what these incredible startups will achieve during the program. Let’s make it happen! 💪 And here’s some hot news! 🔥 We’re already gearing up for the 4th Batch announcement, and it’s coming very soon. Stay tuned!

🚀 EdTech Founders, this is your moment! The Edu Challenger acceleration program by our partners xEdu and Civitta is now accepting applications for its second edition! Join a vibrant community of innovative startups redefining education. Why apply? ✅ Expert #EdTech mentorship: Learn from the best and grow faster. ✅ Equity-free support: Keep 100% ownership of your vision. ✅ #Grants to scale: Secure funding from Innovation Agency Lithuania | Global to fuel your success. 📅 Deadline: February 6 🔗 Apply now: https://lnkd.in/dYEYgg9A

❗Calling all #GameTech innovators❗ Applications for the 2nd edition of our GameTech Acceleration Program are now open! Take the chance to bring your gaming startup to the next level with unparalleled support and mentorship. 🔗 Apply now: https://lnkd.in/ddGYsQfq In partnership with GameBCN - one of Europe’s leading gaming incubators - we bring an intensive program designed to help you grow, scale, and succeed in the global gaming industry. What’s in it for you? 🎯 Hands-on mentorship from industry experts 🤝 Access to a network of top-tier professionals and investors 🌎 Guidance to enter international markets 🪙 Grants by Innovation Agency Lithuania | Global to boost your growth. Don’t miss this opportunity to turn your GameTech dreams into reality!