startup

Agriculture has proven fertile ground for innovators and developers of smart solutions as well as investors eager to put their money into new technology. However, Lithuanian startups have so far shown little interest in the field.

Barclays is to open a new “Rise Vilnius” start-up hub in Lithuania’s capital this summer.

Lithuanian entrepreneurs have taken the top four places in Forbes 10 most inspiring startups from the Baltics, with Daumantas Dvilinskas creator and CEO of TransferGo named the number one start-up in the Baltic States.

Lithuanian start-up Sems Technology which develops solutions that allow retailers to track and analyse customer behaviour and flows in their stores has become one of a small number of Google-approved beacon manufacturers.

Lithuanian start-up SailRacer.net has attracted major interest from the sailing market with an innovative, battery-saving and comparatively inexpensive smart sail racing device that feeds data from a boat’s sensors to mobile devices to improve performance.

Kaunas City Municipality will once again help people with innovative business ideas by providing funding of €100,000 through a youth business promotion programme Kauno startuoliai.

The world cannot decide which is better - working while standing up or sitting down so a team of Lithuanians have created a desk, TableAir, that automatically adjusts to the user's needs.

The Ministry of Economy is planning a potential investment fund that would provide seed capital and co-investments to newly formed small and micro businesses, or startups. The measure being considered to form the fund would also help develop the alternative First North market, a stock exchange geare...

Technological innovation company Eldes has launched a globally unique smoke alarm called Fumerex.

Lithuanian start-up YPlan, an event discovery and booking app created by two Lithuanians in London, has gained recognition from one of the most influential technology blogs in the world - VentureBeat. The portal added the Lithuanian project to a list of 15 startups worth following.

A Lithuanian cyber security start-up, AimBrain, has raised almost half a million euros in funding to develop biometric-based online security that would spell the end of passwords.

Having joined the eurozone this year and successfully advertised its natural and urban wonders, Lithuania has become a new darling of international travel 'listicles'. Its brushed-up capital, ambitious start-ups and emerging foodie hotspots make many visitors wonder if this is really one of the poor...

Van Williams, CIO, chief of product engineering and manager of Virtustream development centre in Lithuania, says that the Baltic countries should be more active in attracting global funding. Also, he is convinced that the main asset of any business are innovative professionals, discovered and foster...

With over 30 million downloads worldwide of their game development platform, Kaunas-based TutoTOONS is going from strength to strength. Established as a start-up two years ago by two Lithuanian game developers, the company now has 15 staff in Kaunas and Barcelona, and has ambitious plans for further...

One hundred young startup founders will come to Lithuania on October 1st-4th to take part in youth Davos which is also referred to as Shape Europe event. It is the annual meeting of World Economic Forum Global Shapers community that brings together its members from all over the world to discuss and ...

The former head of the Skype office in Tallinn, who established a start-up helping other start-ups find the best place to develop their businesses, has noticed that Vilnius distinguishes itself among other European cities for its suitability for developing new business.

Forbes has included Lithuania in its list of five places to watch for tech investors.

Widerfi, a startup established in Lithuania and formerly known as Cheap Data Communications, has joined MassChallenge – the World’s largest accelerator, and will compete for 500 thousand pounds and 1 million dollar prizes at the end of the year. Widerfi offers a new mobile internet model for travell...

Last year businessman and investor Igor Matsanyuk moved his team to Vilnius, Lithuania’s capital city. And at the beginning of the summer he himself moved to Lithuania’s capital.