How can startups become the driving force of Lithuania’s economy?
Despite the headwinds across different sectors of the European economy, Lithuania’s startup ecosystem has witnessed remarkable growth in recent years. According to Dealroom data, the combined valuation of Lithuanian startups grew seven-fold to €13.7 billion between 2018 and 2023. A close-knit community comprising roughly 1,000 startups, employing over 18,000 people has emerged, and Lithuania is now linked to the successful rise of 9 unicorns. Where do we go from here?
