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Vilnius, Lithuania built a ‘portal’ to another city to help keep people connected

The Verge

The city of Vilnius, Lithuania has interesting solution: A real-time “portal” to another city. The portals both have large screens and cameras that broadcast live images between the two cities— a kind of digital bridge, according to its creators— meant to encourage people to “rethink the meaning of unity,” Go Vilnius said in a press release.

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Valve and five game publishers fined millions for geo-blocking Steam games in EU

The Verge

This broke the EU’s Digital Single Market rules which prohibit those types of barriers. The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania. Five publishers were fined in total. Focus Home was fined almost €2.9

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After lockdowns boost gaming marketplace Eneba, it raises $8M from Practica and InReach

TechCrunch

The investment highlights once again the strength of the Baltics region as a tech ecosystem, after Lithuania produced its first Unicorn in the shape of Vinted , and Estonia added Pipedrive to its unicorns list. With the increased shift to digital entertainment during the pandemic, the startup has managed to garner much more U.S.

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As our populations age, this startup is turning live-in care into a gig-economy platform

TechCrunch

As developed-world populations increasingly get older, healthcare is being rapidly digitized and “platformized” in order to meet the huge scale of change heading our way. The startup plans to now scale up in its European markets of Germany, Poland, Romania and Lithuania. I recently covered how Cera in the U.K.

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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

What’s notable here is that Vilnius, Lithuania-based Nord has been bootstrapped for the last 10 years (it was founded in 2012), a state that doesn’t seem to have held back its growth. “We saw the changing landscape in digital privacy… and that the open internet was not working as intended,” he said.

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Strava acquires Fatmap, a 3D mapping platform for the great outdoors

TechCrunch

Fatmap, for its part, was founded a decade ago, with an initial focus on providing ski resorts with high-resolution digital maps. and has part of its workforce based there, the bulk of its 50 employees are spread across offices in France, Germany and Lithuania. ” While Fatmap is incorporated in the U.K.

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Revolut revenue grew by 57% in 2020

TechCrunch

“As the extraordinary circumstances of 2020 drove the trend towards digital financial management we continued to innovate for customers to make their financial lives easier and accelerate daily use.