Countries. Lithuania

AMLYZE and Aura Cloud partner to boost financial crime prevention

Lithuanian regtech startup AMLYZE has initiated a strategic partnership with Aura Cloud, a Swedish-based AI digital banking platform. This collaboration aims to increase the effectiveness and efficiency of the fight against financial crime through advanced technology solutions. AMLYZE informed AIN

Lithuanian startup Evergrowth mergers with Apolo

Vilnius-based Evergrowth, a startup specializing in AI-driven B2B sales solutions, has merged with Apolo that focuses on AI-powered personalized marketing. The merger aims to integrate Apolo’s advanced AI technologies into Evergrowth’s platform. About startups The process of merger: After the merger Apolo’s team

Startup of the Day: WhiteBridge, a Lithuanian platform specializing in personal insights

Founded in December 2023 by Tomas Martunas, Irmantas Motiejūnas, Justin Barauskas, and Paulius Taraškevičius, WhiteBridge develops a digital platform specializing in deep personal insights to empower sales strategies.

Startup of the Day: Broswarm, a Lithuanian defense tech

Broswarm is a Vilnius-based defense tech startup focused on mine detection which was founded in 2023 by Ernestas Žvaigždinas, Karolis Žvaigždinas, and Mindaugas Talaikis.

Startup of the Day: Axiology, a Lithuanian fintech company

Axiology was founded by Andrius Bartminas, Marius Jurgilas, Andrius Mamontovas, and Andrius Kašuba in 2023. The startup develops a platform for tokenized securities that facilitates the trading of stocks or bonds using Distributed Ledger Technology (DLT).

Startup of the Day: Leya AI, a Lithuanian edtech startup

Leya AI was co-founded by Mindaugas Bruzas and Donatas Tamosauskas in 2023 with a mission to give access to personal coaching powered by Large Language Models for everyone on the planet.

Lithuanian unicorn Vinted acquires Trendsales, a Danish second-hand marketplace

Vilnius-based C2C marketplace for second-hand goods Vinted has acquired the Danish marketplace Trendsales to expand its presence in the Nordic region. The deal amount is undisclosed. The Danish appetite for second-hand clothing continues to grow, and Trendsales has played a

Lithuanian startups raised €292M and are worth €13.7B in 2023 — Dealroom report

Between 2018 and 2023, the Lithuanian ecosystem’s value grew by an impressive 7.1 times, surpassing both the Baltics and the wider Central and Eastern Europe region. In 2023, Lithuania’s startup ecosystem continued to grow steadily, establishing itself as one of

Startup of the Day: Lithuanian Micapass, a regulatory technology startup

Founded by Gintarė Košubienė and Justas Rožėnas, Micapass is a Vilnius-based regulatory technology startup that develops a crypto compliance tool to prevent criminals. In October this year, it secured a €240,000 investment from SUPER HOW? and FIRSTPICK.