Lithuanian Private Equity and Venture Capital Association


Vinted, the second-hand clothes marketplace has raised €128 million (around $140.9 million) at a $1B+ valuation, making it the first Lithuanian unicorn! A great achievement for the whole LT startup ecosystem

The investment round was led by Lightspeed Venture Partners, with previous backers Sprints Capital, Insight Partners, Accel and Burda Principal Investments also participating.
Read more:

More news:

2019 Central and Eastern Europe Private Equity Statistics
Baltics Private Equity and Venture Capital Market Overview 2010-2019
Lithuanian Urban Logistics Platform Ziticity Raises €2.2M Seed
BaltCap portfolio company Coffee Address to acquire Estonian vending and coffee service company 7Kohvipoissi
EBRD investment approval set to make Change Ventures Fund II the largest seed fund operating in the Baltic States.
BaltCap to upgrade education infrastructure in Kaunas District
LitCapital successfully exits NNL LT
Lithuanian Private Equity and Venture Capital Association: New Board, Challenges and Help to Business
Sorainen launches #SharedMissionProgramme to support projects dedicated to help solve the pandemic issues