In recent years, Lithuania’s startup ecosystem has witnessed impressive growth and remarkable achievements in funding. Between 2017 and 2022, Lithuanian startups experienced an extraordinary 16.8-fold increase in enterprise value, positioning the country as one of the fastest-growing startup hubs in Central and Eastern Europe.
The thriving ecosystem is supported by a robust infrastructure, including 18 incubators, 11 accelerators, and 10 investment organizations. Additionally, Lithuania boasts the third-lowest profit tax rate in the European Union, creating favorable conditions for launching and attracting tech startups. Notable initiatives such as the GovTech Lab and the support for AI innovation and combating climate change further contribute to the ecosystem’s growth and success.
One of our products — Pulsetto, is among the early-stage startups too. Read more here.
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