Vilnius, the capital of Lithuania has a growing local startup community with many of them having attained international success. In addition to a vibrant startup community, the city is also home to over 20 business hubs and accelerators. It is emerging as the world’s biggest sandbox for tech startups that welcomes and supports innovative companies.
The Lithuanian capital has a favourable business environment that attracts foreign businesses and funding. It was ranked a leading city by FDII Index back in 2019 with over 1,000 greenfield FDI projects per 100,000 inhabitants. The city has a business-friendly regulatory environment, open data policy, and successful integration of newcomers. Without further ado, here we have listed some fast-growing Vilnius tech startups to watch out for in 2020 as sourced from Dealroom.