It’s time to wrap up the year 2015 for #LTstartups. First of all, Lithuania climbs to the top by global ranking of Entrepreneurship! Moreover, Lithuanian Startup Community is expanding and is more and more visible on the global map. Facts and figures prove this: LOGIN Startup Fair was larger than ever with 30 VC funds and accelerators and 65 startups from the region and International Startup Day was celebrated for the second year in a row with participants not only from Europe, but from Japan, USA and Vietnam as well. In terms of investment, 2015 might be the record year for #LTstartups. Vinted, Trafi, Vittamed and TransferGo raised $46M, not to mention several modest injections of up to $0,5M into other companies.

Below we have listed the main news, investment, exits and awards of #LTstartups.

INVESTMENT:

• $27M series C – Vinted

• $6,5M series A – Trafi

• $10M series A – Vittamed

• $2,5M seed round – TransferGo

EXIT:

• Lemon Labs was acquired by a London based startup Wahanda

NEW IN TOWN:

• Project of Vilnius Tech Park has been confirmed

• GreenGarage, a new maker’s space has been opened

• 1st gaming conference GameOn was sold out with 7000+ participants

• Startup Lithuania partners with CrunchBase

• HackerGames, a new series of hackathons

AWARD & ACCELERATE:

• Deeper wins the CES Innovation Award

• Pigeon wins the Core77 Design Award

• InsideWarehouse graduated from The Alchemist accelerator

• PackPin graduated from Rockstart Accelerator

• SideWalk graduated from Startup Sauna accelerators

• SEMSeye graduated from ChallengeUP accelerator

• UBER kids app among the winners of Junction Hackathon

• Paulius Vertelka, executive director of Association Infobalt and Ilya Zudin, co-founder of Plag, are Lithuania‘s representatives in the top 100 list of Central and Eastern European innovators by Financial Times and Google

• Biome has been selected as a “2015 TiE50 Start-up” for the prestigious TiE50 Technology Awards Program

• Vilnius iGEM team: A gold medal and top 5 in foundational advance track at iGEM competition

Big round of applause for ALL #LTstartups!