Countries. Lithuania - page 4

Lithuania’s Contrarian Ventures launches new €100M fund

The Lithuania-based climate tech firm Contrarian Ventures has launched its second fund targeting €100 million. The fund will support climate tech startups, while mobilizing the resources needed for climate action, Tech.eu reports. “We must focus on the world in 2050, not

Lithuanian company CyberCare to enter Ukrainian market

CyberCare, a Lithuanian company providing customer services in the cyber security field, will open a new office in Lviv, DOU reports. The company initially plans to hire up to ten specialists and widen its Ukrainian team by 100 people by the

CEE startups funding report: €2B over 242 investments in Q2 of 2022

Although the European startup scene is dwindling this year, the CEE region doesn’t hold back. The startups in this region are only growing, and the number of investment rounds has almost doubled compared to the same period in 2021. The

Lithuania, Poland, Norway, and Canada: fundraising campaign to buy Bayraktar for Ukraine

Partner countries and people from all over the world continue strongly support Ukraine in the unprovoked war started by Russia. One of the examples of solidarity is the nationwide fundraising campaigns to buy Bayraktar TB2 drones for the Ukrainian Armed

Vercom acquires Lithuanian marketing automation startup MailerLite for $90M

Vercom, Europe’s leading provider of Communication Platform-as-a-Service (CPaaS), has acquired a Lithuanian marketing automation platform MailerLite. The $90 million acquisition became one of the largest deals in Europe this year, Startup Lithuania reports. Founded in 2010 by Eimantas Norkunas and

London fintech SumUp acquires Lithuanian fintech Paysolut

The global mobile payments service company SumUp has acquired Lithuanian core banking system provider Paysolut, the company reports. The acquisition of the Lithuanian company will help to create stronger banking solutions based on technology. The financial side is not disclosed.

Profile: Practica Capital — Lithuanian VC Fund

AIN.TECH conducted a series of interviews with the most active Lithuanian VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the

Profile: Iron Wolf Capital — Lithuanian VC Fund

AIN.TECH conducted a series of interviews with the most active Lithuanian VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the

List of Lithuanian startups to watch in 2020

Lithuania is an attractive country for both entrepreneurs and investors alike. The country is strategically located in Central Europe with access to both Russian and European markets. Vilnius, the capital of Lithuania, is rapidly becoming a center for fintech, gaming