LITHUANIAN STARTUPS AIM TO ATTRACT €11 MILLION OF INVESTMENT AND ESTABLISH PARTNERSHIP WITH THE UK
Lithuania, the country where Yplan, GetJar, Pixelmator were born, presents a bunch of freshly made and investor ready startups for London audience. 17 Best Lithuanian startups are launching the first ever hunt for foreign investors and partnership opportunities “Startup Lithuania Roadshow”, organized by governmental institution Enterprise Lithuania.
London is deliberately chosen as the final stop of the Roadshow, because this is a place where good examples and future millionaires merge. For example, Yplan is an app without which Londoners can’t imagine their everyday life. Co-founders at Yplan are Lithuanians and they are ready to guide freshly made startups from their homeland through UK. What is more, London is a place for startups highly evaluated in the 2012 rating of the organization “Startup Genome”. That is way Lithuanian startups, operating in the fields of finance, healthcare, 3D technologies and others, see a huge potential in partnership between UK and Lithuania.
The best Lithuanian startups will participate in Startup Lithuania Demo day at Google Campus in London on 5th of December. They will be pitching their ideas on stage in order to attract foreign investment and sign major business partnership.
It is the first time when such a bunch of Lithuanian startups are coming to London and meeting members of local startup ecosystem.
“Lithuanian startups have always been about the quality, but not quantity. The country is not only witnessing the development of mobile entertainment applications, but also of innovative solutions aimed at improving the quality of life. Venture capital funds, business accelerators operating in Lithuania and regular hackathons and other workshops provide a favorable environment for new startups from foreign countries establishing Lithuania as one of the Northern Europe regional tech-startup hubs. Even the project “Startup Lithuania Roadshow” involves Italians and an African resident, who have registered their business in Lithuania,” Director of the Department of Entrepreneurship of “Enterprise Lithuania” Dovydas Varkulevičius says.
The project participants pursue an ambitious goal – to attract €11 million of foreign investment and to present the Lithuanian startups ecosystem to foreign countries. TOP 17 Lithuanian startups were professionally selected for the Roadshow by local and international VCs, angel investors, accelerators and media representatives and trained by Lithuanian and foreign lecturers such as Beth Susanne, Gigi Wang, Frank M.Saviane.
Before coming to London, Lithuanian startups have already visited Tel Aviv, Berlin and Stockholm, local investors showed high interest in Lithuanian companies.
Who is coming to London:
AdDuplex is the leading cross promotion network for Windows Phone and Windows Store apps empowering developers to advertise their apps for free by helping each other.
Bliu Bliu improves language skill: providing smart exposure to content at users’ level, matching their passions and interests.
CGTrader is a 3D modeling hub. It helps 3D designers buy and sell 3D models, get 3D jobs and showcase their work.
DevMotion develops virtual rehabilitation solutions.
Dragdis is web app that makes organizing things you find online as simple and easy as 1 drag & drop.
ImpressPages is sexy web content management tool and ecosystem around it to make website creation process efficient.
IQ Polls tool can be used to make lectures, conferences, social events, or TV shows more interactive and helps keep the audiences ‘attention focused on the presentation.
Mobassurance is a specialized technology provider and financial services intermediary facilitating sales of insurance through MNO's and mobile technology.
Rilbits provides plug-in for game developers, which enables them to earn money with merchandising by 3D printing game characters directly from the game.
TrackDuck is an interactive visual feedback tool for websites.
TransferGo is 10x cheaper money transfer.
TutoTOONS is a cloud-based platform to create, publish and make money from mobile games with no programming skills.
GoodBuzz is bringing to market a new advertising format based on games that is 7 times more effective that traditional ad formats.
You can register for the events here: bit.ly/1jsxhL9. Registration will be closed on 2nd of December.
If you have any questions, please, contact Lijana Juozaityte, project manager at Enterprise Lithuania at l.juozaityte@enterpriselithuania.com or +370 614 42203
