Dealroom.co – The Lithuanian Startup Ecosystem, 2024

The report by Dealroom.co "The Lithuanian Startup Ecosystem 2024" explores the growth and impact of Lithuania's startup scene. In 2024, Lithuania's startup ecosystem reached a valuation exceeding €16B, marking a 39x growth over a decade, positioning it as a regional leader. Vilnius has emerged as the EU's leading city for cybersecurity, and both Vilnius and Kaunas are recognized as top medtech hubs. Despite global market challenges, Lithuanian startups have shown resilience and adaptability, with significant contributions from companies like Vinted and Nord Security. The report highlights the importance of programs like the Startup Lithuania accelerator, which foster opportunities for startups to thrive on the global stage.