InvestorEmpowering sustainable development through strategic investments.
The startup scene across Lithuania
Where startups are forming across Lithuania: the cities, accelerators and investors, and how you get close to them.
The ecosystem
Dealroom estimates Lithuanian startup ecosystem enterprise value at €16.4 billion, based on its January 2026 dataset; the report says this is 5.9 times the 2020 value. It attributes 55% of modeled value to unicorns and exits above $1 billion.
Dealroom’s report includes Lithuanian-founded startups whose headquarters relocated abroad, while excluding diaspora examples such as Flo and Wargaming from its core totals. These figures therefore describe the publisher’s defined startup population, not every company associated with Lithuania.
Sectors and strengths
SaaS leads Lithuanian business models by VC funding since 2020, and Enterprise Software and Fintech are among the largest startup pipelines by company count. Enterprise Software raised €160 million in 2025; the report also ranks Lithuania second in CEE for 2025 Health-sector VC.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
Dealroom’s publisher-defined Tough Tech category means Deep Tech for defense, security, and resilience. It counts more than 20 Lithuanian startups in this category and more than €30 million in VC raised since 2020.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
Hubs and regional differences
Dealroom estimates Vilnius startup enterprise value at €15.5 billion, 6.9 times its 2020 level, and ranks the city fourth in CEE by startup enterprise value. Vilnius startups raised €212 million in VC in 2025.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
Kaunas startup enterprise value is estimated at €1.2 billion, 2.5 times its 2020 level; its startups raised €6 million in VC in 2025. More than 20% of startups founded in Kaunas since 2020 are AI-related, according to Dealroom.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
GEM reports that seven in ten new businesses are founded outside Vilnius. This measure covers new businesses generally, rather than only startups.
As of . Official information. Source: GEM 2024/2025 National Entrepreneurship Assessment for Lithuania
For founders
Founders can use the evidence to distinguish sector signals from city-level conditions: Dealroom identifies Enterprise Software and Fintech as large startup pipelines, while its figures show substantially more startup enterprise value and 2025 VC in Vilnius than in Kaunas. Kaunas has a reported AI-related share among its post-2020 startup cohort, but the report does not establish that as a national specialization.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
For investors
Dealroom’s €16.4 billion ecosystem enterprise-value estimate is strongly shaped by unicorns and exits above $1 billion, which account for 55% of the modeled total. Its city estimates also show a marked difference between Vilnius and Kaunas; these are publisher estimates, so investors should retain their population and valuation definitions when comparing them with other datasets.
As of . Official information. Source: The Lithuanian Startup Ecosystem 2025
Startup ecosystem standing
Where Lithuania ranks
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
 Doing Business (Ease of Doing Business ranking) | Doing Business 2020 | #11 | Up 3 | B | Business Climate |
 Global Startup Ecosystem Index (countries) | 2025 | #19 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
 Global Innovation Index | 2025 | #33 | Up 2 | A | Innovation, Competitiveness, Research, Talent |
 IMD World Competitiveness Ranking | 2026 | #34 | Down 4 | B | Competitiveness, Business Climate, Performance |
 Bloomberg Innovation Index | 2019 | #37 | Up 7 | B | Innovation, Research |
 Emerging Ecosystems Ranking (GSER Top 100) | 2024 | 41 to 50 | No prior edition | C | Ecosystem, Performance, Finance, Talent |
67 organizations with a profile
Who's based in Lithuania
Investors 34
Investor
InvestorInvesting in the future of the Baltic region.
InvestorConnecting startups with investors and advisors in the Baltics.
The 3 most prominent of 34. Browse all investors
Accelerators 13
AcceleratorTesonet is a business accelerator and investor based in Vilnius, Lithuania, focusing on supporting fast-growing tech startups across various sectors,…
AcceleratorLaunchpad for startups and a growing community.
AcceleratorAccelerating Baltic tech startups with funding and expertise.
The 3 most prominent of 13. Browse all accelerators
Incubators 10
IncubatorFostering entrepreneurship and innovation in Lithuania.
IncubatorEmpowering social innovators for impactful change.
IncubatorBuilding and funding early-stage technology startups.
The 3 most prominent of 10. Browse all incubators
Venture studios 10
Venture studioVenture builder for health and wellness startups.
Venture studioVenture studio specializing in Big Data and AI.
Venture studioBusiness consulting and investment firm for startups.
The 3 most prominent of 10. Browse all venture studios
Pick what describes you
Your way in
Raising in Lithuania
Investors based here, and the programs that take teams at your stage.
Get investor introsFinding startups in Lithuania
Accelerators and incubators here see the earliest teams first.
Get startups that fitScouting in Lithuania
Campuses and communities are where teams form before anyone funds them.
Start scoutingCity guides
Cities in Lithuania
Questions about Lithuania
How does Lithuania rank as a startup ecosystem?
Its best position is #11 in Doing Business (Doing Business 2020). It appears in 6 published rankings; the table above lists each one.
How many startup investors are based in Lithuania?
34 investors based in Lithuania have a profile here, including ILTE Lietuva, Finasta and NGL Ventures. The real number is higher.
Are there accelerators or incubators in Lithuania?
Yes. Lithuania has 13 accelerators, 10 incubators and 10 venture studios on record, including Tesonet, Sunrise Tech Park and Kilo™.
Superscout Pro
Find faster. Show up verified. Keep your deals private.
$99a year, or $12 a month
Get Pro- Search that narrowsInvestors, programs, accelerators, incubators and studios, by stage, sector and place.
- A verified profileThe people you reach know you are who you say you are.
- A private deal vaultThe startups you are watching, with your notes and your reasons. Nobody else's eyes.
Is this page right?Reviewed · How the research works