Fund Lithuania Raise 
TechCrunch
SEPTEMBER 7, 2021
There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. However, one said: “The ecosystem still lacks local funding for the late Series A and beyond rounds.”. Local and with small funds, mostly subsidized by government and EU. We surveyed: • Gerda Sakalauskait?
TechCrunch
NOVEMBER 12, 2020
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Railsbank raises $10M Series A for its open banking and compliance platform. Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.), Visa), regulation, and compliance,” he told me at the time.
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TechCrunch
AUGUST 16, 2022
The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so smack in the middle of a climate-tech dealmaking boom. Climate tech is cool now, but Peciulaitis’s Lithuania-based venture firm is sticking with its name anyways. So, if anything, it’s trendy. billion in value.
TechCrunch
APRIL 6, 2022
Now Nord Security , the startup behind one of the bigger paid VPN providers, NordVPN , is announcing significant funding at a “unicorn” valuation to build out both its consumer and enterprise business lines to capitalize on that growth. So why raise now? This round values the startup at $1.6
TechCrunch
DECEMBER 21, 2020
Eneba , a marketplace for gamers that sells games and other products, has raised an $8 million round of funding from Practica Capital and InReach Ventures. The funding is described as a “combination” of a seed and Series A round. traffic.
TechCrunch
MARCH 16, 2021
The funding is coming from Goldman Sachs, Temasek, Bain Capital Credit, Crestline and funds managed by Oaktree Capital Management. Most recently these deals included acquisitions of the business-focused mobile banking platform Paysolut in Lithuania, as well as Goodtill and Tiller to expand into point-of-sale for bigger venues.
TechCrunch
SEPTEMBER 20, 2022
Revolut, which has a banking license in Lithuania, wouldn’t say exactly how many customers were affected. Revolut also declined to say what types of data were accessed but told TechCrunch that no funds were accessed or stolen in the incident. “Customers who have not received an email have not been impacted.”.
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