[{"data":1,"prerenderedAt":138},["ShallowReactive",2],{"naujienos/lithuanian-startups-now-valued-at-eur-16-billion/en":3},{"status":4,"data":5},true,{"image":6,"id":14,"seo":15,"title":12,"date":93,"url":86,"fullUrl":26,"text":94,"excerpt":25,"more":95,"tags":136,"temos":137},{"src":7,"is_svg":8,"ratio":9,"width":10,"height":11,"alt":12,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2025/01/karolina-urbonaite-2.jpg",false,0.66650390625,2048,1365,"Lithuanian startups now valued at EUR 16 billion","",6936,{"title":16,"robots":17,"og_locale":23,"og_type":24,"og_title":16,"og_description":25,"og_url":26,"og_site_name":27,"article_publisher":28,"og_image":29,"twitter_card":34,"schema":35,"breadcrumbs":78,"description":13,"language":87},"Lithuanian startups now valued at EUR 16 billion - Inovacijų agentūra",{"index":18,"follow":19,"max-snippet":20,"max-image-preview":21,"max-video-preview":22},"index","follow","max-snippet:-1","max-image-preview:large","max-video-preview:-1","en_US","article","According to the latest Dealroom report, initiated by Startup Lithuania, a division of Innovation Agency Lithuania, the Lithuanian startup ecosystem remains vibrant. Last year alone, its total value grew by EUR 2 billion, and in the decade since 2014, the value of Lithuanian startups has increased 39 times, from EUR 419 million to EUR 16 billion.","https://www.inovacijuagentura.lt/en/naujiena/lithuanian-startups-now-valued-at-eur-16-billion/","Inovacijų agentūra","https://www.facebook.com/inovacijuagentura",[30],{"width":31,"height":32,"url":7,"type":33},"2048","1365","image/jpeg","summary_large_image",{"@context":36,"@graph":37},"https://schema.org",[38,53,55,65,69],{"@type":39,"@id":26,"url":26,"name":16,"isPartOf":40,"primaryImageOfPage":42,"image":44,"thumbnailUrl":7,"datePublished":45,"breadcrumb":46,"inLanguage":48,"potentialAction":49},"WebPage",{"@id":41},"https://www.inovacijuagentura.lt/en/#website",{"@id":43},"https://www.inovacijuagentura.lt/en/naujiena/lithuanian-startups-now-valued-at-eur-16-billion/#primaryimage",{"@id":43},"2025-01-29T05:14:00+00:00",{"@id":47},"https://www.inovacijuagentura.lt/en/naujiena/lithuanian-startups-now-valued-at-eur-16-billion/#breadcrumb","en-US",[50],{"@type":51,"target":52},"ReadAction",[26],{"@type":54,"inLanguage":48,"@id":43,"url":7,"contentUrl":7,"width":31,"height":32,"caption":12},"ImageObject",{"@type":56,"@id":47,"itemListElement":57},"BreadcrumbList",[58,63],{"@type":59,"position":60,"name":61,"item":62},"ListItem","1","Home","https://www.inovacijuagentura.lt/en/",{"@type":59,"position":64,"name":12},"2",{"@type":66,"@id":41,"url":62,"name":27,"description":13,"publisher":67,"inLanguage":48},"WebSite",{"@id":68},"https://www.inovacijuagentura.lt/en/#organization",{"@type":70,"@id":68,"name":27,"url":62,"logo":71,"image":76,"sameAs":77},"Organization",{"@type":54,"inLanguage":48,"@id":72,"url":73,"contentUrl":73,"width":74,"height":75,"caption":27},"https://www.inovacijuagentura.lt/en/#/schema/logo/image/","https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/ia-logo-main.svg","1886","786",{"@id":72},[28],[79,82,85],{"url":80,"text":61,"id":81},"/en/",7576,{"url":83,"text":84},"/en/news/","News",{"url":86,"text":12,"id":14},"/en/naujiena/lithuanian-startups-now-valued-at-eur-16-billion/",[88,91],{"url":89,"code":90,"locale":90,"default":4},"https://www.inovacijuagentura.lt/naujiena/lietuvos-startuoliu-verte-pasieke-16-mlrd-euru/","lt",{"url":26,"code":92,"locale":92,"default":8},"en","2025-01-29","\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">“It is important that Lithuanian startups maintain a good growth rate even when investment in them has declined both in our country and globally. Our ecosystem is now the fastest growing in the region, and we will strive to maintain this dynamics. \u003C/span>We will make efforts to transform and boost the Lithuanian economy, and to achieve this goal we have introduced the START plan, which also includes measures to develop the startup ecosystem,” says Lukas Savickas, Minister of the Economy and Innovation.\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cstrong>\u003Cspan style=\"color:black\">Lithuania’s significant growth\u003C/span>\u003C/strong>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">According to Dealroom, the value of startups in Lithuania has increased by 6.8 times over the last five years, which is the best result across Central and Eastern Europe. Latvia ranks second (5.5 times), followed by Ukraine in the third place (4.3 times), Poland in the seventh place (2.6 times), and Estonia in the tenth place (1.9 times).\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">In terms of per capita value created by startups, Estonia has the highest per capita value (EUR 27,900) in Central and Eastern Europe. Lithuania ranks second (EUR 5,700) and Latvia is fifth (EUR 1,600). \u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">In Lithuania, the evident leaders of the startup ecosystem are Nord Security, Vinted and BCG, which have a unicorn status, i.e. a value of more than EUR 1 billion. Kilo Health is likely to be close to the top three, while PVcase, Argyle, Ovoko and TransferGo are considered future unicorns. \u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cstrong>\u003Cspan style=\"color:black\">Investors focus on fintech and artificial intelligence\u003C/span>\u003C/strong>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">Last year, Lithuanian startups raised investment in the amount of EUR 128 million. Compared to 2023, the total amount of investment has decreased, just like in the entire region, but early-stage investment in Lithuania has remained strong. The largest investment of the year was EUR 20 million, raised by Ovoko, an e-commerce platform for selling used car parts.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">“These achievements show the ambition and determination of our startups, and demonstrate what we can achieve by acting as a unified ecosystem. Through programmes such as the Startup Lithuania Accelerator with Plug and Play, GameTech with GameBCN, and other EduChallanger and ICT initiatives, we are creating real opportunities for Lithuanian startups to grow and gain a foothold in the global market,” says Karolina Urbonaitė, Head of Startup Lithuania at Innovation Agency Lithuania. \u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">Last year, the largest number of venture capital investments in Lithuania went to companies operating in the fintech sector (EUR 48.8 million). Companies in the trade and e-commerce sector attracted EUR 29.7 million, while transport companies secured EUR 23.2 million.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">Looking at the segments, AI solutions (EUR 38.8 million), circular economy (EUR 20 million) and payments (EUR 15.6 million) were the most popular among investors.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cstrong>\u003Cspan style=\"color:black\">The impact of Vinted\u003C/span>\u003C/strong>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">The Dealroom report also particularly points out the role of Vinted. In October, the company was already valued at EUR 5 billion, halfway to its symbolic status of decacorn, i.e. the value of EUR 10 billion.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">The role of Vinted is clearly felt throughout the startup ecosystem, since the former Vinted employees have founded 26 new startups.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">The Dealroom report was presented at the annual “Wrap up of 2024” event of the Innovation Agency. The report was initiated by Startup Lithuania, a division of the Innovation Agency, together with a Lithuanian venture capital fund Practica Capital, law firm Triniti, and Kaunas IN agency for business, investment and tourism.\u003C/span>\u003C/p>\n\u003Cp style=\"text-align:justify\">\u003Cspan style=\"color:black\">A full Dealroom overview of the startup ecosystem is available \u003Ca href=\"https://www.startuplithuania.com/wp-content/uploads/2025/01/Lithuania-Tech-Ecosystem-Report-2024.pdf\">here\u003C/a>. \u003C/span>\u003C/p>\n",[96,105,114,128],{"image":97,"title":100,"url":101,"id":102,"text":103,"temos":104},{"src":98,"is_svg":8,"ratio":99,"alt":100,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/kosmoso-memorandumas-su-polsa.jpg",0.6669921875,"Lithuania Strengthens Cooperation with Poland and the United States in the Space Sector: Important Memorandums Signed","/en/naujiena/lithuania-strengthens-cooperation-with-poland-and-the-united-states-in-the-space-sector-important-memorandums-signed/",6748,"Lithuania’s space sector continues to strengthen international partnerships and expand cooperation with key players in the global space industry. Innovation Agency Lithuania has recently signed two significant memorandums of understanding – with the Polish Space Agency (POLSA) and the U.S. space infrastructure company Vast. These agreements open new opportunities for Lithuanian businesses, research institutions, and international projects.",[],{"image":106,"title":109,"url":110,"id":111,"text":112,"temos":113},{"src":107,"is_svg":8,"ratio":108,"alt":109,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/03/shutterstock-2539768243-1.jpg",0.7490234375,"Lithuania Ranks First in Europe in the Global Entrepreneurship Index","/en/naujiena/lithuania-ranks-first-in-europe-in-the-global-entrepreneurship-index/",6892,"The latest Global Entrepreneurship Monitor (GEM) 2025/2026 global report shows that Lithuania is the leading country in Europe in terms of the quality of its entrepreneurial environment and ranks among the world’s strongest economies in this field.",[],{"image":115,"title":117,"url":118,"id":119,"text":120,"temos":121},{"src":116,"is_svg":8,"ratio":99,"alt":117,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/01/karolina-urbonaite.jpg","Lithuania’s Startup Ecosystem Surpasses €16.4 Billion in Value: Investments Jump 1.7x in 2025","/en/naujiena/lithuanias-startup-ecosystem-surpasses-e16-4-billion-in-value-investments-jump-1-7x-in-2025/",6999,"The total value of Lithuania’s startup ecosystem reached €16.4 billion in 2025, according to the latest Dealroom report initiated by Startup Lithuania, a division of the Innovation Agency. In just one year, Lithuanian startups attracted €220 million in venture capital investments from 77 unique investors. The ecosystem’s growing maturity was further confirmed earlier this year with the addition of a new unicorn to Lithuania’s startup map — Cast AI.",[122,125],{"id":123,"name":124},577,"Growth",{"id":126,"name":127},579,"Innovation",{"image":129,"title":131,"url":132,"id":133,"text":134,"temos":135},{"src":130,"is_svg":8,"ratio":99,"alt":131,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2025/12/modix-fgf-3d-spausdintuvas-2.jpg","Mission-Driven Innovations: Science and Business Shaping Lithuania’s Future","/en/naujiena/mission-driven-innovations-science-and-business-shaping-lithuanias-future/",6904,"Some important scientific research activities and innovative business-developed products may sound complex – unsurprisingly, as they are developed by people who dedicate their entire lives to these fields. Yet behind these sophisticated terms lie concrete solutions that will eventually make each of our daily lives easier. Where science and business join forces, more accurate disease diagnostics for the health of us and our loved ones are developed, cybersecurity tools are created to protect the country, and climate-neutral production technologies and materials emerge to help preserve our nature and resources.",[],[],[],1780325202484]