Tallinn-based Startup Wise Guys (SWG) has partnered with the European Bank for Reconstruction and Development (EBRD) to launch its fourth fintech accelerator program starting in October 2020 in Vilnius, Lithuania. The bank is participating with its TaiwanBusiness EBRD Technical Cooperation fund. The Baltic accelerator provides investment of up to €100,000 and up to 5 months […]
Eddy Travels, a travel tech startup founded by Lithuanians and based in Toronto, has raised €1.1 million in a pre-seed funding round, led by Baltic VC Practica Capital with participation from Lithuanian firm Open Circle Capital, Techstars Toronto, and angel investors. Founded in 2018, the company has developed an AI travel assistant, which communicates with […]
Trafi, a Lithuanian mobility services startup, will help the main public transport agency in Munich, Münchner Verkehrsgesellschaft (MVG), to create and release a city-owned Mobility-as-a-Service program that connects public, private, and shared transportation options. In addition to traditional public transportation methods, city dwellers can choose from bike shares, scooters, ride-hailing apps, ride-pooling services — a […]
Qoorio, a Lithuanian knowledge-sharing app, has raised €2 million, led by Luxembourg-based Mangrove Capital. Other investors include Change Ventures, 70 Ventures, Mantas Mikuckas, and Vytautas Kubilius, and others. Qoorio came about when its co-founders, Justas Janauskas and Gabija Grušaitė, realized that they live in social bubbles, where friends and acquaintances usually share the same profession, […]
Charmaine Li shines a light on Vinted, a rare Lithuanian-born tech startup that is breaking through on an international level with its secondhand marketplace. A chat with Vinted CEO Justas Janauskas.