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1、Page/1 The Lithuanian Startup Ecosystem 2025Show guides!Generic Report measurementsQuarterly report measurementsThe LithuanianStartupEcosystem 2025January 2026Page/2 In this report data includes both Lithuania-based startups,which maintain their main center of business(HQ)in their country of origin,

2、and Lithuania-founded startups,with their HQ relocated outside of Lithuania.This is the scope used to report on Enterprise Value,VC investment,total VC-backed companies,and other analysis.Diaspora companies like Flo,Wargaming,and others are sometimes showcased as part of the top successes,but their

3、data are not included.Scope of the reportThis report covers startups,paniesdesigned to grow fast (see methodology section)Lithuanian diaspora&affiliated startupsStartups founded and scaled abroad,with(co-)founders from,and/or intellectual property grown,and/or funding secured in the country,and/or f

4、oreign startups with a significant presence in the countryLithuanian-founded startupsStartups originating in Lithuania,which moved their main place of business elsewhere as they scaled.Lithuanian StartupsAll VC-backed startups,scaleups,unicorns and$1B+exits based in Lithuania.Scope of the analysisEV

5、,VC,total VC-backed companiesWhat is a startup?Page/3 1 The Rise Of Lithuania Tech2 Ecosystem Today3 Outlook4 Regional AnalysesPage/3 Show guides!Generic Report measurementsQuarterly report measurementsPage/4 Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque lauda

6、ntium,totam rem aperiam,eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit,sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt.Neque porro quisquam est,