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TheLithuanian
startupecosystem
2023
February2024
Between2018and2023,theecosystemsvalue
Between2018and2023,theecosystemsvaluegrewbyanimpressive7.1times,surpassingboththeBalticsandthewiderCentralandEasternEuroperegions.
Moreover,itclimbedtothesecondpositioninCEEbyVCinvestment.
Theseachievementsunderscoretheecosystems
abilitytoattractandmobilizetalent,competencies,infrastructure,andresources,whichinturngeneratehigh-valueopportunitiesandstableinvestments.
Goingforward,Lithuaniasstartupecosystemis
poisedtoo?erawealthofprospectsfortechindustryinsidersandinvestorslookingtocapitalizeonits
growthpotential.”
growsteadily,establishingitselfasoneofthemost
promisinganddynamic
startuphubsintheregion.
Gintar?Narakien?
Head
ofStartupLithuania
Page/2
?dealroom.co
Nationalstartup
Early-stageVCfund
Pan-Balticlegal
O?icialdevelopment
Globalstartup
ecosystemfacilitator
focusingonBalticfounders
advisoryfirm
agencyoftheCityofVilnius
venturecapital
intelligenceplatform
Bybuildingbridgesbetween
PracticaCapitalisan
TRINITIisaleading
VilniusTechFusion–abrand
Dealroom.coistheforemost
di?erentecosystemplayers,
early-stageVCfirmwiththe
pan-Balticlegaladvisory
representingtheLithuanian
dataprovideronstartup,
StartupLithuaniaaimsto
solepurposeofbacking
firmwithextensive
capital?sleadingtechnology
early-stageandgrowth
helpcurrentandpotential
Balticentrepreneurs.The
experienceinstartups,MA,
sectors:ICT,Fintech,
companyecosystemsin
Lithuanianstartupfounders
firmhasbeeninvested
andprivateequity.Our
GameDev,LifeSciencesand
Europeandaroundthe
tostart,growandscaletheir
exclusivelyintechpotential
forward-thinkingteam,
Lasers.Itstandsforthecity
globe.
businesses.Weorganize
intheBalticStatesforover
consistingof100
itself,whichisdrivenby
workshopsandacceleration
10years.Practica
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