Vilnius-based consumer-to-consumer second-hand fashion platform Vinted raises €250 million

Lithuanian consumer-to-consumer second-hand fashion platform Vinted has raised €250 million in a Series F round led by EQT Growth. The round also saw participation from previous investors Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital, and provides the company a pre-money valuation of €3.5 billion. As part of the deal, EQT’s […]

Turing College

Lithuanian edtech startup Turing College launches new data science programme that promises well-paying jobs

Turing College, a Lithuanian edtech startup determined to offer alternative digital skills training and assist people into the professional sphere, is opening up applications for a new data science curriculum. Kicking off in October, the first class will include about 30 students. The students have the choice of full-time remote studies in six months, or […]

Startup Wise Guys

Baltic accelerator Startup Wise Guys launches fourth program in partnership with EBRD

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 […]

Vilnius Series: Invest Lithuania

Earlier this summer, I had the opportunity to spend a few days in Lithuania to check out the startup scene there. I’d never been to Lithuania before, but the country has long been on my radar. Part of the reason for this is the many initiatives the country is putting forward to help develop their […]