Lithuania is a fast-growing startup ecosystem. Most of these companies are based in its capital, Vilnius. Here are 13 growing startups that you should know about.
1. Nordcurrent. This company develops simulation mobile games. It’s a fast growing company, grossing millions of Euros annually.
2. Litilit. The company, founded 10 years ago, develops femtosecond lasers. These lasers can ensure high precision in material processing and can be used by both experienced and inexperienced users.
3. SME Bank. It’s a neobank that offers services to businesses. As the name suggests, this startup focuses on small and medium enterprises.
4. Repsense. With so much information on the internet, Repsense tracks and evaluates information that is available publicly. Its clients are various corporations and communication agencies.
5. Watalook. If you want help planning your time, Watalook is here for you. This company provides a platform which, among other things, lets you plan your time and sends reminders.
6. KiloHealth. It’s another fast-growing startup that co-funds and accelerates startups in a digital health industry.
7. Mindletic. It is said that going to the gym helps you mentally. Mindletic is a mental gym that helps to balance the atmosphere in the workplace.
8. Walk15. It’s a platform and an app that challenges you to walk. Users can participate in challenges and even get discounts for various products and services.
9. Fleming. You probably hear about AI every day, but what makes this company stand out is that it’s developing the first human-like AI. It will be used for continuous psychological care and help people live healthier lives.
10. Pulsetto. This company makes a device that stimulates the vagus nerve and reduces stress. The device is worn around the neck and it also optimizes sleep and helps you if you are burned out.
11. Pixevia. They develop AI and computer vision software which is used in autonomous retail stores. Its software is used in the first fully-autonomous supermarket in Europe; the store is located Vilnius.
12. NordSecurity. If you know what VPN is, you’ve probably heard of NordSecurity. It provides cyber security solutions, including VPN services, which is really important nowadays.
13. Divaks. As the world population is increasing, the demand for food supply is increasing. This company cultivates and breeds insects, a premium source of protein.
These are just a few startups that are based in Vilnius and develop products and provide services both in Lithuania and other countries.
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