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Lithuanian Private Equity and Venture Capital Association

FIRST LT UNICORN


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: https://tcrn.ch/33p5s4k

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