he newly-opened museum of startups in Vilnius, Lithuania is showcasing the success stories of twelve home-grown startups, including the first Lithuanian unicorn Vinted (Kleiderkreisel).
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2019 is a memorable year in the Lithuanian start-up ecosystem: the number of innovative companies is nearing 1,000, startups have attracted more than €166,5 million. Vinted, the country’s first start-up to become a unicorn, which has attracted a record amount of investment so far – €128 million, has...
For a few years in a row now, ‘Kaunas Startups’ program has been supporting innovative entrepreneurs and helping them develop ideas into income generating businesses. This year, a total of 15 teams have been selected for an intense 8-week pre-acceleration program. In addition, Kaunas residents are i...
Monese spent a week in Vilnius getting familiar with local fintechs and other startups, talked about how Brexit is forcing UK fintechs to acquire European licenses, and the Vilnius fintech ecosystem, "Vilnius Go" writes.
Financial Times’ fDi Intelligence division announced the list of 30 cities that have attracted the most greenfield Foreign Direct Investment (FDI) projects of tech startups per capita during the years 2016-2018. Vilnius was ranked as the leading city and outranked cities like Singapore, Tel Aviv, Be...
X5 Retail Group, leading Russian food retailer, has launched the review process of technology startups from Estonia, Latvia, and Lithuania to implement their solutions at the corporation’s own retail chains. The best companies will be given access to the infrastructure resources and expertise of the...
In Lithuania, a GovTech Lab will soon become operational seeking to help address problems of the public sector by means of innovative solutions. The initiative of the Ministry of the Economy and Innovation will offer a possibility for start-ups to test their technology with the public sector and als...
Vilnius Tech Park, the region’s biggest hub for tech startups, opened for business today. Boasting more than 9,000 square meters of prime office space in renovated 19th century buildings, all set in the historic parkland of Sapiegos stately home, Vilnius Tech Park is now one of the most stylish work...
