12 Lithuanian startups to watch this year
Last year, the Lithuanian startup ecosystem raised €272M in capital, although more than 80% of it came down to just 3 investment rounds – one in the country’s second collective unicorn, Nord Security and Surfshark ($100M), second in the leading solar farm design software developer PVcase ($100M), and third in the cloud optimisation platform CAST AI ($55 million).
There are currently 870+ startups operating in Lithuania that employ a total of 17,800 talents. Over Q1-Q3 of 2023, startups contributed €275M to the state budget.
