"The total amount of investments attracted this year will be smaller, but the rising share of taxes paid shows that the sector is growing and strengthening. The Lithuanian startup ecosystem stands out globally, as the majority of startups operate successfully without external investments and grow from profit."
"However, attracted investments are one of the important components of startup success. Without capital and investment incentives, achieving Lithuania's economic breakthrough will be challenging."
"For comparison, in Estonia, over 60 transactions took place this year, attracting over 345 million euros," says Gintarė Verbickaitė, head of Unicorns Lithuania.
"In 2024, the outlook for Lithuanian startups appears bright, with many securing funding. Let's take a closer look at the top funding rounds from 2024 in Lithuania."
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