Lithuania leads the Baltic countries in capital formation for early-stage ventures.
Lithuania is also host to over 280 active Fintech companies, and is one of the largest Fintech hubs in the European Union.
According to an email from Go Vilnius, the official tourism and business development agency of the City of Vilnius, Lithuanian startups raised €238 million ($261 million) and recorded the highest number of exits in the country’s history in 2025.
Andra Bagdonaitė, Partner at FIRSTPICK, says international acquirers are buying these companies primarily for product depth, not local market access.
“Vilnius’ startup ecosystem is gaining global attention not just for its strong numbers, but for the quality of companies emerging across the capital and the country,” says Mangirdas Šapranauskas, Head of Business Department at Go Vilnius. “Investors are increasingly backing teams that can scale internationally, and our network of innovation programmes and talent initiatives ensures that these companies are ready to compete on a global stage.”
During the year, Lithuania’s early-stage segment attracted €77 million ($85 million) across pre-seed and seed rounds – both record levels – including €56.52M ($62M) raised in seed funding alone.
Growth was driven primarily by an increase in deal volume, while the average ticket size remained stable at approximately €2 million ($2.2 millino).
Alongside Estonia, Lithuania leads the region in median pre-seed valuations.
Vilnius is said to drive much of Lithuania’s startup momentum as the country’s main hub for venture-backed companies, international investors, and founder-support infrastructure.
It is anticipated that 2026 will be another breakout year for the country.