Find Startups in Lithuania

Lithuania has emerged as one of the Baltic region's most dynamic startup ecosystems, particularly excelling in fintech, enterprise software, and increasingly deeptech applications. The country has produced notable successes like Vinted (second-hand fashion marketplace, Lithuania's first unicorn), TransferGo (remittance platform), and Trafi (mobility solutions), while continuing to nurture promising ventures across health technologies, sustainability, and gaming. The funding landscape features active local venture capital firms like Practica Capital, Contrarian Ventures, and 70Ventures, complemented by pan-Baltic investors and increasing interest from Nordic and Western European funds. Angel investors have organized through Lithuania Business Angel Network and syndicated vehicles like LitBAN, often bringing operational expertise from both tech and traditional industries alongside capital. The accelerator ecosystem includes programs like Startup Wise Guys, Lighthouse, and specialized initiatives like Rockit focusing on fintech innovations and Katalista Ventures targeting sustainable development. Government support has been particularly comprehensive through agencies like Enterprise Lithuania, Invest Lithuania, and the Science, Innovation and Technology Agency, with initiatives including the Startup Visa program, R&D tax incentives, and pre-seed financing instruments. While Vilnius dominates as the primary innovation hub, hosting approximately 75% of startup activity and initiatives like Vilnius Tech Park, focused ecosystems have developed in Kaunas (with strengths in health technologies and materials science) and Klaipėda (maritime tech). Lithuanian startups benefit from the country's strong technical talent pool, exceptional internet infrastructure, supportive regulatory approach particularly for fintech, and strategic reform of the startup visa making it among Europe's most accessible, though entrepreneurs still navigate challenges including a small domestic market and intense regional competition for talent and investment.

Lithuania has emerged as one of the Baltic region's most dynamic startup ecosystems, particularly excelling in fintech, enterprise software, and increasingly deeptech applications. The country has produced notable successes like Vinted (second-hand fashion marketplace, Lithuania's first unicorn), TransferGo (remittance platform), and Trafi (mobility solutions), while continuing to nurture promising ventures across health technologies, sustainability, and gaming. The funding landscape features active local venture capital firms like Practica Capital, Contrarian Ventures, and 70Ventures, complemented by pan-Baltic investors and increasing interest from Nordic and Western European funds. Angel investors have organized through Lithuania Business Angel Network and syndicated vehicles like LitBAN, often bringing operational expertise from both tech and traditional industries alongside capital. The accelerator ecosystem includes programs like Startup Wise Guys, Lighthouse, and specialized initiatives like Rockit focusing on fintech innovations and Katalista Ventures targeting sustainable development. Government support has been particularly comprehensive through agencies like Enterprise Lithuania, Invest Lithuania, and the Science, Innovation and Technology Agency, with initiatives including the Startup Visa program, R&D tax incentives, and pre-seed financing instruments. While Vilnius dominates as the primary innovation hub, hosting approximately 75% of startup activity and initiatives like Vilnius Tech Park, focused ecosystems have developed in Kaunas (with strengths in health technologies and materials science) and Klaipėda (maritime tech). Lithuanian startups benefit from the country's strong technical talent pool, exceptional internet infrastructure, supportive regulatory approach particularly for fintech, and strategic reform of the startup visa making it among Europe's most accessible, though entrepreneurs still navigate challenges including a small domestic market and intense regional competition for talent and investment.