Startup scene in Lithuania - weekly newsletter

Discoveries

Discoveries
Photo by Dovydas Žilinskas on Unsplash
Good afternoon
Lithuania Tech Weekly #65
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work in progress

rounds and capital

Nord Security round comes at perfect time given LT early-stage venture financing is out of steam in the first quarter. Not only Ukraine - most local seed funds have little powder available, while others active across Baltics are probably trying to keep up with all inbound. Invega says there is more capital coming.


roleplay

Uvireso - Business Development Manager
Speiz - UX/UI Designer
Pamakid - Co-founder
IPXO - Content Writer
Inbalance - Communications Manager
Create Lithuania - Project Manager
Billo - Product Manager
Imaguru Startup HUB - Head of hub Vilnius

founder guide



insights


ecosystem

  • Lithuania launches Innovation Agency - a big new step. It will essentially combine three agencies that were supporting businesses, doing export, innovation,  and startup promotion in Lithuania. New entity will total 300 employees, work with funds in hundreds of millions annually - they could really make a difference.

Thank you all - appreciate all replies, ideas, shares and mentions. Keep them coming and enjoy the weekend.  

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Jamie Larson
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