Lithuania has a growing local startup community with many of them having attained international success. In addition to a vibrant startup community, the country is also home to a slew of business hubs and accelerators. It is emerging as one of the world’s biggest sandbox for tech startups that welcomes and supports innovative companies.
VC-based Lithuanian tech startups
The Lithuanian capital Vilnius 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. And, this is where most tech startups in Lithuania are concentrated at. Without further ado, here we have listed some of the VC-based Lithuanian tech startups to watch out for in 2020 as sourced from Dealroom.