More Lithuanian companies are expected to attract Taiwanese investments

Several more Lithuanian high tech companies are expected to receive Taiwanese investments, says Head of the Taiwanese Representative Office in Lithuania Eric Huang.

More details cannot provided yet due to ongoing negotiations. Nonetheless, Mr Huang said that investments would come from Taiwania Capital and Eximbank, the former manages a USD 1 billion loan fund.

Taiwania Capital is a Taiwanese venture capital firm managing a USD 200 million fund meant for investments in Central European countries, including the Czech Republic and Slovakia, as well as Lithuania. Earlier, the fund allocated EUR 3.5 million each to a Lithuanian laser startup Litilit in November 2022 and to a biotechnology startup Oxipit in January 2023.