Глобальный индекс экосистем стартапов 2022

2022 | StartupBlink View the Global Startup Map p. 109 Startup Ecosystem Overview The relatively low cost of living in Lithuania and its skilled software developers are a positive boost to the national ecosystem. Fintech is a core industry focus in Lithuania, where constant innovation and the government’s easing of regulation, including a blockchain sandbox, is attracting major international players. One example is the UK-based fintech startup Revolut, which launched a licensed bank in Lithuania in 2020 . Lithuania’s fintech efforts also seem to be paying off, as a fintech report by our partners at Findexable ranked Lithuania in the 10th spot globally in 2021. But fintech is not the only sector providing good news. One booming sector with an international reach in Lithuania is life sciences — it’s the fastest growing in the EU with steady annual growth. One noticeable recent trend is the significant rise in acquisitions and buyouts of Lithuanian startups. This is a key indicator that the sector is maturing and that the innovations developed here are meeting global demands and international quality standards. Lithuania’s booming startup scene is celebrating its second unicorn - Nord Security. This Vilnius-based cybersecurity firm raised $100M at a valuation of $1.6B, making it Lithuania’s second tech unicorn after Vinted, and opening promising new development opportunities for Lithuania. The maturity of local startup ecosystems is reflected in the ways the community is self-organizing. In addition to numerous gatherings and events, Lithuania’s startup sector now has its own association – Unicorns LT, which seeks to accelerate ecosystem growth even further. Fortunately for Lithuania, the public sector is extremely active in ecosystem promotion and development. With friendly business regulations, government support for funding, and an open data policy, Lithuania’s public sector has created an environment that nurtures startups. Additionally, Startup Lithuania is promoting a Startup visa catering to foreign entrepreneurs and allowing a temporary residence permit for up to a year. With salaries growing, tax payments up, and new investments flowing in, it’s safe to say Lithuania’s ecosystems are on a growth path. Early stage Median round: $0.49M Medium and late stage Median round: $8M Startups Funding Share