Tesonet begins targeted investment and hands-on work with startups by launching the Tesonet Accelerator. Specifically designed for startups with a functioning MVP, the accelerator will assess whether it’s a meaningful technological solution and evaluate its […]
More than 4% of people around the world over the age of 40 suffer from essential tremor causing involuntary hand shaking. A Lithuanian healthtech and the medical technology startup “Vilimed”, located in Kaunas Science and […]
Despite placing a more considerable emphasis on sustainability and becoming Europe’s leader in plastic packaging recycling in recent years, Lithuania remains a below-average performer on the EU Eco-Innovation Scoreboard (ranking 22 out of 28). To […]
ViLim Ball technology created at a Lithuanian startup company Fidens helps to reduce uncontrollable shaking hands, which is one of the symptoms of essential tremor. The technology is effective in 7 out of 10 cases, and it can also be used to alleviate morning stiffness of joints for rheumatoid arthritis sufferers the Kaunas University of Technology wrote in a press release. […]
Bored Panda, the panda-friendly, viral content creating web magazine, is joining the Vilnius Tech Park community. The startup, launched in Lithuanian in 2009, is busy filling the internet with creative posts, amazing artwork, fun picture galleries and articles in English and Spanish, Vilnius Tech Park announced in its press release. […]
Cujo, which was named as one of the hottest up-and-coming startups at this year’s TechCrunch Disrupt conference, is setting up operations in Lithuania. […]
Kaunus start-up SearchNode has been named the most ambitious startup in Lithuania by the global business portal Forbes. The Kaunas based start-up was accompanied by two more startups from Kaunas Technology University on the list […]
Debu Purkayastha, a representative of UK-based investment fund Octopus Investments and a former employee of Google, believes Lithuanian tech entrepreneurs have what it takes to become global pioneers. […]
Agriculture has proven fertile ground for innovators and developers of smart solutions as well as investors eager to put their money into new technology. However, Lithuanian startups have so far shown little interest in the field. […]
A Nextury Ventures survey has shown that 16% of Lithuanians would unconditionally agree to try to work in a Lithuanian startup while another 32% would gladly consider a job offer in a startup if the […]
Lithuanian start-up SailRacer.net has attracted major interest from the sailing market with an innovative, battery-saving and comparatively inexpensive smart sail racing device that feeds data from a boat’s sensors to mobile devices to improve performance. […]
The Ministry of Economy is planning a potential investment fund that would provide seed capital and co-investments to newly formed small and micro businesses, or startups. The measure being considered to form the fund would also help develop the alternative First North market, a stock exchange geared towards smaller companies in the Nordic region, by preparing those companies to enter the regulated securities market. […]
Technological innovation company Eldes has launched a globally unique smoke alarm called Fumerex. […]
Lithuanian start-up YPlan, an event discovery and booking app created by two Lithuanians in London, has gained recognition from one of the most influential technology blogs in the world – VentureBeat. The portal added the Lithuanian project to a list of 15 startups worth following. […]
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