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Lithuania Tech Weekly #105
philomaths.tech
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Lithuania Tech Weekly #105
philomaths.tech
Subscribed on LinkedIn (but never received it)?
Switch to email here, we are cutting platform risk!

work in progress
- Social. How good is Europe at building consumer social? This list is short. Hard to say goodbye to HumansApp - a devoted team that tried really hard. Looks like they should have built an app where teens could compliment each other, anonymously.
- Semiconductors. Teltonika signed a technological cooperation agreement with Taiwan’s Industrial Technology Research Institute (ITRI), which will help start the semiconductor industry in LT. Overall, partnership with Taiwan is developing as one of the most exciting things in our technology space - for the whole decade.

- Davos. Vladas Lasas walks past car traffic, ambassador for climate and #Walk15. Finally, President and Tom Okman have more time to chat. Danielius makes sure that BitDegree logo shines bright.
- Partnerships. Congrats to GovTech Lab award winners - Teachers Lead Tech and Oxylabs! Inbalance shares that Korean SK Group could become an investor - but signals a broader engagement is needed (South Korean way?). Viessmann and Pixevia collaborate to bring "instant walk-in, walk-out technology" to grocery retailers.
- Calendar. All (we did not verify) tech events in LT are in this Google calendar.
rounds and capital
- Oxipit has closed a USD 4.9 m funding round to advance its medical solution and expand into new markets. Taiwania Capital led the round, with Practica Capital,Coinvest Capital, and angel investors also participating. Last year Oxipit received CE Class IIb certification for the ChestLink autonomous imaging software, which allows the company to deploy the software in 32 European markets.
- Repsense raised EUR 500k pre-seed from Iron Wolf Capital and CoInvest Capital, including 5 angels. With this team, your reputation is bound to get better.
- Estonian Grunfin raised EUR 2m. Comes from existing investors Norrsken VC, Specialist VC, Lemonade Stand, company’s founders. New investors included Sie Ventures and HoneyBadger VC.