SpringWater Launches as Entrepreneur-Led SaaS Acquirer, Announces First Acquisition of FirstPromoter

By Unicorns Lithuania | 10 September 2025

SpingWater, an entrepreneur-led investment firm focused on acquiring and scaling founder-led SaaS businesses, announced its official launch today. The firm is backed by bootstrapped entrepreneurs who have built global category leaders like Hostinger, WebPros, Contabo, as well as NordVPN, Oxylabs, nexos.ai (the Tesonet group).

SpringWater targets product-led SaaS businesses with €1–10M ARR that have the potential to become global category leaders. The firm invests long-term capital without forced exits, focusing instead on partnering with founders to preserve their legacy while unlocking new growth levers.

SpringWater was initiated by Arnas Stuopelis, Co-founder and Chairman of the Board at Hostinger, which is known for scaling from zero to more than €180M in revenue in 2024, serving 3.5+ million customers in 150+ countries, with sustained 60%+ annual growth, without raising any external capital.

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Originally published on 4 Sep

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Financial Crime Prevention Enters a New Era with the Launch of AMLTRIX

By Unicorns Lithuania | 11 April 2025

Money laundering remains one of the biggest threats to the global economy, fueling organized crime, terrorism, corruption, and tax evasion. Despite ongoing efforts, financial institutions have long struggled with a fragmented and inconsistent approach to combating illicit financial activities.

In response to this challenge, AMLYZE is proud to announce the launch of AMLTRIX, a first-of-its-kind open knowledge initiative designed to standardize and revolutionize the fight against money laundering.

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Originally published on 10 Apr

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“Walk15” Reaches a Valuation of €30 Million, Expands Further in Europe

By Unicorns Lithuania | 18 March 2025

The global sustainable initiative startup “Walk15,” founded in Lithuania, continues its rapid growth across Europe, reaching a valuation of €30 million. The company is now opening a Series A investment round, with initial investments coming from its existing shareholders, including the venture capital fund Coinvest Capital, led by Viktorija Trimbel, the angel syndicate NGL, led by Justinas Pašys, and other investors.

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Originally published on 17 Mar

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