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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3825705 | Tags:





Lithuania launches its Innovation Hub in Silicon Valley
Published: 31-01-2024 | 07:01:00 | By: Pie Kamau




[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Published: 29-11-2022 | 14:34:00 | By: Pie Kamau
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.


Amazon to invest $150 million in incubators, VCs and accelerators that fund underrepresented entrepreneurs
Published: 05-10-2022 | 14:50:53 | By: Bob Koigi
Amazon expects to support more than 10 funds and over 200 companies through the next year.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Published: 28-06-2022 | 14:15:00 | By: Pie Kamau
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.


Lithuanian fintech startup kevin. secures $65m to disrupt payments sector, unlock open banking
Published: 04-05-2022 | 13:39:00 | By: Pie Kamau
kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, announced it has secured $65 million in Series A funding.


Enterprise device management startup ManageXR raises $4m seed round to scale XR for business
Published: 10-01-2022 | 14:44:00 | By: Pie Kamau
ManageXR, an enterprise device management platform designed for VR and AR devices, announced it raised $4 million in Series Seed financing from Rally Ventures.


Lithuanian peer-to-peer crypto-asset swapping startup 123swap closes $210k seed round
Published: 26-11-2021 | 10:45:00 | By: Pie Kamau
Lithuanian peer-to-peer crypto assets swap platform123swap Finance announced it closed $210k seed round funding from a number of angel investors, including Becker Venture Capital and Steven Becker.


Robotics startup HaptX raises $4m investment from Crescent Cove Advisors to accelerate expansion
Published: 25-11-2021 | 11:14:00 | By: Pie Kamau
HaptX, the provider of realistic haptic gloves for VR and robotics, announced it has secured a $4 million credit facility from Crescent Cove Advisors, bringing HaptX's Series A funding to $28m, and the company's total funding to $35m.


Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Published: 16-11-2021 | 12:59:00 | By: Pie Kamau
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.


Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Published: 15-10-2021 | 12:29:00 | By: Pie Kamau
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.


LG announces global startup competition to recruit new businesses for innovation center
Published: 02-09-2021 | 12:30:00 | By: Pie Kamau
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.


Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
Published: 13-08-2021 | 15:07:00 | By: Pie Kamau
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.


Tech startup Tetavi closes $20m venture round to increase its presence in North America
Published: 11-08-2021 | 13:28:00 | By: Pie Kamau
Tetavi, a volumetric technology platform, announced it has closed its latest venture round led by New York-based global private equity and venture capital firm Insight Partners, with participation from OurCrowd, Nimble Ventures and additional private investors.


Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Published: 12-07-2021 | 16:09:00 | By: Pie Kamau
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.


Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
Published: 20-05-2021 | 14:29:00 | By: Pie Kamau
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.


Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
Published: 06-01-2021 | 13:27:00 | By: Pie Kamau
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.


Virtual reality startup TRANSFR secures $12 million to help displaced workers retrain for new jobs
Published: 20-11-2020 | 13:47:50 | By: Bob Koigi
TRANSFR VR, an immersive learning startup from US pioneering the application of virtual reality to simulate on-the-job training, has announced $12 million in Series A funding.


Virtual reality startup Nanome partners with Fujitsu to bring drug design software to Japanese market
Published: 15-09-2020 | 08:28:00 | By: Pie Kamau
San Diego-based virtual reality (VR) startup Nanome, has entered into an agreement with Fujitsu to bring their signature product, an immersive scientific design and collaboration platform to the Japanese market.


Lithuanian AdTech startup RedTrack raises $500 000 from Genesis Investments and Iron Wolf Capital
Published: 03-08-2020 | 16:18:00 | By: Pie Kamau
Lithuania based AdTech startup RedTrack has received $500 000 in Seed funding from Genesis Investments and Iron Wolf Capital to make ads spend more efficiently.


Ziticity raises €2.2 million seed investment for Europe expansion
Published: 30-06-2020 | 15:51:00 | By: Pie Kamau
Lithuanian logistics platform Ziticity has closed a €2.2 million seed equity investment round led by NordicNinja VC in participation with Superhero Capital VC, Practica Capital, Superangel VC, Startup Wise Guys and business angel Maksim Golivkin.