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10 Lithuanian startups that raised the country’s largest funding rounds in 2024; 6 of them are hiring right now
- Lithuania is an attractive destination for entrepreneurs and investors, with over 1,000 startups and tech companies in the country.
- By mid-December 2024, Lithuanian startups had raised €86M this year through 38 deals.
- The top funding rounds from 2024 in Lithuania include Ovoko, Bourgeois Boheme, Biomatter, Vixichain, Fideum, Unmanned Defense Systems, Saltz App, Ligence, Redtrack, and Cyber Upgrade.
- For those looking for job opportunities, several of these companies are actively hiring.
- At present, Ovoko, Biomatter, Vixichain, and Ligence have open positions listed on their websites.
- Estonia had over 60 transactions this year and attracted over 345 million euros.
- Although the total investment dropped significantly, the rising share of taxes paid shows the Lithuanian startup ecosystem is growing and strengthening.
- A majority of Lithuanian startups operate successfully without external investments, but attracted investments are one of the important components.
- The Lithuanian startup ecosystem is on track for continued success in 2024.
- Lithuanian startups operate in various industries, such as fintech, synthetic biology, agriculture, cybersecurity, and more.
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