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                <p><br><img src="https://images.unsplash.com/photo-1667072464942-14b7c14622e8?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="a river with a bridge and buildings">
<br>Despite a small population, Lithuania thrives as a startup hub, showcasing remarkable success in the country’s startup landscape. Lithuania has not only demonstrated its unique voice in foreign policy but has also managed to build a robust startup ecosystem where startup growth and success are evident. The country’s low cost of living and abundance of skilled developers attract foreign entrepreneurs, creating numerous startup opportunities. Lithuania’s focus on fintech, supported by a favorable regulatory environment, has attracted global players like Revolut, which recently launched a licensed bank in 2020.<br></p>
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<p><br>The emphasis on fintech appears to be paying off, with Invest Lithuania reporting that Lithuania is now the largest Fintech Hub in the EU by the number of licensed e-money and payment institutions. In 2022, Lithuania welcomed a new unicorn, Nord Security, a Vilnius-based cybersecurity firm that raised US$ 100 million at a valuation of US$ 1.6 billion. This success marks Lithuania’s second tech unicorn after Vinted, opening up promising new investment opportunities for the nation.<br></p>
<p><br>The country’s startup ecosystem’s maturity is evident in the way the community self-organizes, with numerous gatherings and events taking place. Additionally, Lithuania’s startup sector now boasts its own association – Unicorns LT – dedicated to accelerating ecosystem growth. The public sector in Lithuania is also actively involved in promoting and developing the ecosystem, with friendly business regulations, government funding support, and an open data policy creating an environment that nurtures startups. Startup Lithuania, the country’s one-stop-shop for startups, is advancing the ecosystem further by promoting a Startup visa for foreign entrepreneurs and offering a temporary residence permit for up to a year. Lithuania’s Startup Employee Visa initiative aims to attract highly skilled workers, while key stakeholders such as <a href="https://www.govilnius.lt/homepage">Go Vilnius</a> and The Kaunas University of Technology contribute to talent development and innovation.<br></p>
<p><br>With increasing support and resources available for entrepreneurs and investors, Lithuania’s startup ecosystem is poised for significant growth and innovation.<br></p>

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<br>![a river with a bridge and buildings](https://images.unsplash.com/photo-1667072464942-14b7c14622e8?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
<br>Despite a small population, Lithuania thrives as a startup hub, showcasing remarkable success in the country's startup landscape. Lithuania has not only demonstrated its unique voice in foreign policy but has also managed to build a robust startup ecosystem where startup growth and success are evident. The country's low cost of living and abundance of skilled developers attract foreign entrepreneurs, creating numerous startup opportunities. Lithuania's focus on fintech, supported by a favorable regulatory environment, has attracted global players like Revolut, which recently launched a licensed bank in 2020.<br>

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<br>The emphasis on fintech appears to be paying off, with Invest Lithuania reporting that Lithuania is now the largest Fintech Hub in the EU by the number of licensed e-money and payment institutions. In 2022, Lithuania welcomed a new unicorn, Nord Security, a Vilnius-based cybersecurity firm that raised US$ 100 million at a valuation of US$ 1.6 billion. This success marks Lithuania's second tech unicorn after Vinted, opening up promising new investment opportunities for the nation.<br>

  

<br>The country's startup ecosystem's maturity is evident in the way the community self-organizes, with numerous gatherings and events taking place. Additionally, Lithuania's startup sector now boasts its own association – Unicorns LT – dedicated to accelerating ecosystem growth. The public sector in Lithuania is also actively involved in promoting and developing the ecosystem, with friendly business regulations, government funding support, and an open data policy creating an environment that nurtures startups. Startup Lithuania, the country's one-stop-shop for startups, is advancing the ecosystem further by promoting a Startup visa for foreign entrepreneurs and offering a temporary residence permit for up to a year. Lithuania's Startup Employee Visa initiative aims to attract highly skilled workers, while key stakeholders such as [Go Vilnius](https://www.govilnius.lt/homepage) and The Kaunas University of Technology contribute to talent development and innovation.<br>

  
<br>With increasing support and resources available for entrepreneurs and investors, Lithuania's startup ecosystem is poised for significant growth and innovation.<br>

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The country has some notable startup success stories including , Eneba.

Lithuania has 3 cities in the
    top 1000 and has a vibrant startup scene that ranks 16th
    within the competitive global top 20.

Lithuania’s startup scene saw an increase in 2024 and jumped
      1 spot from the previous year, outranking Ireland.

Lithuania’s startup ecosystem ranks 2nd in Eastern Europe and 16th globally. Lithuania’s startups raised 3647034 US dollars on average. Find the most promising startups, unicorns, and notable exits in Lithuania.

Startup Ecosystem of Lithuania | Startupblink

Our startup ecosystem map for Lithuania includes a sample of 675
      tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations.

With a large variety of accelerator programs and initiatives, Lithuania's startup scene stands out from that of other countries in Eastern Europe. Lithuania offers a number of funding
opportunities for entrepreneurs and startups. Below is a list of some of Lithuania's most prominent support initiatives:

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 127a # 53a-45

Carrera 19 # 100 - 45

WeWork

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 26 # 92-32

Carrera 11B # 99 - 25

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Samseong Station II

Gangnam Station

Seoul Business Agency

SK Hynix

Toss Lab

AIV 

OP.GG

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Hanzomon PREX North

Iceberg

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Build2Scale Health

Queen's Startup Runway Incubation Program

Makerspace of Queen's University

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's Office of Partnerships and Innovation

Queen's University Smith School Of Business

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch

From Service-Based to Product-Based Economy – Lessons from North Macedonia

Corporate Startup Activity Index 2025

The Impact of Government Support on Startups