Posts Tagged ‘Startup Lithuania’
Axiology Raises €5 Million Seed Round to Modernise Europe’s Capital Markets Infrastructure
Lithuanian capital markets infrastructure provider Axiology has secured €5 million in seed funding to expand its regulated, blockchain-based platform for issuing, trading, and settling securities across Europe. The investment will support the rollout of new tokenised securities capabilities under the EU DLT Pilot Regime and accelerate the company’s go-to-market strategy.
The funding round was led by Exponential Science, e2vc, and Coinvest Capital, with participation from TIBAS Ventures and Plug and Play. Existing investors, including BSV Ventures, NGL Ventures, and others, also joined the round. To date, Axiology has raised €7 million in total.
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Originally published on 4 Feb
Read MoreGameTech’s Third Edition Marks a Milestone in the Development of Lithuania’s Video Game Ecosystem
Since its launch, GameTech, an initiative led by the Lithuanian government together with Startup Lithuania and powered by GameBCN, has acted as a catalyst for emerging and growing game studios, combining acceleration, international expertise, and ecosystem building. Across its three editions, the program has demonstrated both scale and depth in its impact. Over the course of the program’s history, more than 250 teams applied, reflecting the strong demand for specialized support in the gaming sector. From these, 32 teams were selected to participate, representing a diverse range of studios at different stages of development, from early concepts to companies preparing for global scale-up.
GameTech has delivered over 1,000 hours of mentoring and training, provided by an international network of industry experts covering game production, business development, publishing, monetization, and investment readiness. This intensive support has been complemented by 24 public events, including masterclasses, open days, demo days, and play-testing sessions, designed not only to accelerate teams but also to strengthen the broader Lithuanian gaming community and its visibility.
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Originally published on 19 Jan
Read MoreGameTech’s Third Edition Marks a Milestone in the Development of Lithuania’s Video Game Ecosystem
With the conclusion of its third edition, GameTech has firmly established itself as a cornerstone of Lithuania’s video game ecosystem, marking a significant milestone in the country’s strategy to position games as a high-impact creative and technological industry.
Since its launch, GameTech, an initiative led by the Lithuanian government together with Startup Lithuania and powered by GameBCN, has acted as a catalyst for emerging and growing game studios, combining acceleration, international expertise, and ecosystem building. Across its three editions, the program has demonstrated both scale and depth in its impact. Over the course of the program’s history, more than 250 teams applied, reflecting the strong demand for specialized support in the gaming sector. From these, 32 teams were selected to participate, representing a diverse range of studios at different stages of development, from early concepts to companies preparing for global scale-up.
GameTech has delivered over 1,000 hours of mentoring and training, provided by an international network of industry experts covering game production, business development, publishing, monetization, and investment readiness. This intensive support has been complemented by 24 public events, including masterclasses, open days, demo days, and play-testing sessions, designed not only to accelerate teams but also to strengthen the broader Lithuanian gaming community and its visibility.
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Originally published on 19 Dec
Read MoreLithuania Sets Record in the Global Innovation Index: A Growing Hub for Startups and Innovation
Lithuania has reached a new milestone in the Global Innovation Index, climbing two places to 33rd among 139 countries. This is Lithuania’s highest position ever and a strong signal of the country’s rapid progress in building a competitive and innovation-driven economy.
“Lithuania is making remarkable progress in innovation, which is also reflected in the Global Innovation Index. This achievement is especially significant given the current global economic uncertainty and ongoing geopolitical challenges that directly affect our region’s investment climate. Yet we continue moving in the right direction — towards building a high value-added, startup-driven innovation ecosystem,” said Acting Minister of Economy and Innovation, Lukas Savickas.
Lithuania’s strengths lie in areas that are directly shaping its dynamic startup ecosystem. The country ranks 3rd globally for the share of women with higher education employed in the labor force, 8th for mobile app development, and continues to lead in unicorn value relative to GDP. These results highlight Lithuania’s role as an agile and forward-looking innovation hub.
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Originally published on 16 Sep
Read MoreStartup Fair 2025 Invites You to the Pitch Battle: €3 Million in Investment Awaits the Best Startups
Lithuania’s largest startup event – Startup Fair 2025 – is soon returning to Vilnius. On October 9, the event will culminate in the Pitch Battle at LITEXPO, where innovative startup ideas will compete for the attention of experienced investors. It’s a unique opportunity for startups to showcase their businesses to an international audience, attract investment, and build valuable connections.
Success stories from last year prove just how important this event is. For the winners – including startups Psylink and BrachyDOSE – the Pitch Battle became a launchpad for their next growth stage.
“Lithuania’s startup ecosystem is now stronger than ever – with over a thousand innovative businesses operating globally, attracting both investment and talent, and 67% already active abroad. However, growing without the right support is difficult – nearly a third of startups cite lack of financial resources as their main challenge. That’s why it’s crucial to take advantage of funding opportunities and events like Pitch Battle, which help attract investor attention and secure the necessary resources for growth,” says Karolina Urbonaitė, Head of Startup Lithuania.
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Originally published on 9 Sep
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