Lithuania, nestled in the heart of the Baltic region, is a country where history and modernity coexist. Known for its rich cultural heritage, breathtaking landscapes, and vibrant cities, Lithuania has become a dynamic hub in Eastern Europe. From the medieval charm of Vilnius to its cutting-edge tech parks, the country is balancing its deep-rooted traditions with an embrace of innovation and progress.
The entrepreneurial ecosystem in Lithuania has grown rapidly in recent years, with Vilnius emerging as a key player in the Baltic startup scene. Government support, access to European funding, and an educated workforce have helped nurture this growth. However, the country’s startup ecosystem still faces challenges, such as limited access to large-scale private investment and intense regional competition. Despite these hurdles, Lithuania’s startups are finding creative ways to thrive, leveraging their agility, focus on sustainability, and expertise in technology.
In this article, we highlight 10 of the most promising startups founded between 2020 and 2024 that are shaping Lithuania’s entrepreneurial landscape. While selecting these companies, we noticed a trend: most of them—only one exception—are based in Vilnius, the capital and the epicentre of innovation in Lithuania. From AI-powered solutions to sustainable farming and fintech innovations, these startups are a testament to the country’s growing influence in the global startup arena. Let’s dive in:
Airvolve: Develops innovative heavy-lift drones designed for tactical airlift missions, capable of carrying 200 kg of payload over a 100 km range. The drones utilise a unique horizontal-axis propulsion system, making them 10 times cheaper to operate than conventional helicopters, and are tailored for applications such as automated cargo delivery, casualty evacuation, and search and rescue. Founded in 2024, they have raised €825K and are backed by a team with experience at NASA, Airbus, and the Lithuanian Armed Forces, advancing deep-tech aerospace innovation.
AISPECO: Provides advanced geospatial monitoring systems for helicopters, planes, UAVs, and terrestrial vehicles. Their products, such as the HELIUX series, combine AI-powered data collection, real-time analysis, and versatile sensor integration for applications like corridor mapping, forestry, and city surveying. Founded in 2020, they have raised over €4.8 million, establishing themselves as a trusted partner for global geospatial data solutions.
Divaks: A fast-growing food-tech company specialising in insect protein solutions for the food industry. They develop innovative products such as textured insect protein, insect oil, and defatted insect powder, designed to provide nutritionally and functionally superior alternatives to traditional proteins. Founded in 2020, Divaks has raised €4.5 million to drive sustainable food innovation and meet the evolving demands of the modern food sector.
eany.io: A B2B platform that consolidates real-time inventory data from distributors, retailers, excess stockholders, and brands into a unified system. It simplifies the sourcing, selling, and redistribution of DIY, household, and electronics inventory, while also offering financing solutions and streamlined logistics. Founded in 2024, they have raised €2 million.
HeavyFinance: Aims to remove 1 gigaton of CO2 emissions by 2050 through innovative climate technology solutions. Their fintech platform, combined with a carbon credit program, supports farmers in adopting sustainable practices like no-till farming, reducing carbon emissions, and improving soil health. Founded in 2020, they have raised €18.5 million to drive regenerative agriculture and create impactful investment opportunities.
Joiner App: An intuitive app designed to reduce loneliness by connecting users to local events and hobbies. The platform allows users to browse and join events, host their own gatherings with in-app ticketing and payments, and chat within groups to build meaningful connections. Featuring an AI assistant for quickly creating event descriptions, the app simplifies social engagement. Founded in 2023, they have raised €500K to support their mission of fostering real-life connections.
Leafood: Utilises vertical farming to produce sustainable and high-quality greens without harmful chemicals, pesticides, or herbicides. By growing greens in nutrient-rich water and using 100% green energy, Leafood reduces environmental impact while promoting ecosystem recovery and soil preservation. Their innovative approach delivers fresher, crunchier greens to consumers year-round, often harvested and delivered on the same day. Founded in 2021, they have raised over €6.4 million to build Europe’s largest vertical farm and revolutionise the way fresh produce is cultivated and consumed.
Repsense: Provides a data platform that mimics user journeys and predicts reactions to search result content. Leveraging its proprietary Repsense Adler algorithm, the platform analyses up to 1.5 billion data points to deliver AI-driven insights into brand reputation, sentiment, and communication narratives. Clients use the Repsense Index (RSi) to assess their reputation, track competitors, and improve public perception. Founded in 2021, they have raised €1.3 million.
SME Bank: A neobank specialising in fast and efficient financing solutions for small and medium-sized enterprises, tailored to meet the unique challenges of each business. Offering fully digital services, SME Bank streamlines the application process, providing financing decisions within one day and enabling businesses to access funding without unnecessary delays. Founded in 2021, they have raised €4.5 million to empower businesses and support their growth.
Sort A Brick: Kaunas-based Sort A Brick uses computer vision, AI, and robotics to sort and repurpose used toy building bricks into affordable and sustainable collections for LEGO® enthusiasts. Their innovative service identifies restorable sets, organises bricks by size and colour, and offers the option to complete sets with missing pieces. Founded in 2023, they have raised over €1 million to make brick sorting efficient, fun, and eco-friendly.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
Read the orginal article: https://www.eu-startups.com/2025/02/lithuanias-rising-stars-10-promising-startups-to-keep-an-eye-on-in-2025/
