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Startup Lithuania functions as the national facilitator for the country's burgeoning startup ecosystem, connecting emerging businesses with venture capital, accelerators, and established enterprises. It develops and implements various supporting programs, including a Startup Visa initiative, and organizes networking events and mentorship opportunities. The organization actively works to streamline access to funding and provide resources designed to cultivate a robust and interconnected environment for innovation.
While not founded by individual entrepreneurs in the traditional sense, Startup Lithuania emerged as a strategic initiative to bolster the nation's economic development and foster a dynamic environment for technological advancement. It represents a coordinated effort by governmental and private stakeholders to position Lithuania as a key player in the global startup landscape. The underlying insight was the recognition of startups as critical drivers of economic growth and job creation.
Startup Lithuania serves domestic and international startups looking to establish or expand within Lithuania and Central Europe. Its vision centers on enabling Lithuanian startups to scale and achieve global recognition. The organization aims to attract foreign talent and investment, further integrating the local ecosystem into the broader international innovation community, and ultimately strengthening the country's entrepreneurial foundation for future generations.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 22, 2018 | Oxipit | $120K Other Equity | Gytenis Galkis | Coinvest Capital, Roberta Rudokienė |