Lithuania’s start-up scene is driving the country’s economy forwards.
In Lithuania there is a saying: “I trust the next chapter, because I am the author.” This mentality and desire to solve problems, find solutions and create companies is alive and well in the burgeoning Lithuanian start-up scene.
From retail to cyber security, healthcare and defence, Lithuanian start-ups are coming up with bright ideas and turning heads. Creating the right ecosystem is an important part of this process with Startup Lithuania setting itself up as the facilitator between fast-growing business, venture capital funds, accelerators, startup friendly enterprises, and the government. The Startup Lithuania Accelerator powered by Plug and Play has had a role to play here and it has just been wrapped up after two years of activities.
Leading alumni include Traxlo: a rapidly-growing Lithuanian technology company redefining how physical work is organised and delivered in the modern economy. Founded in Vilnius in 2020, Traxlo has developed a digital platform that connects local gig workers with retail stores and warehouse operators by breaking traditional jobs into standardised, outcome-based tasks that can be completed on demand, rather than through shift-based staffing models. Rather than hiring staff on hours, businesses can request specific tasks—such as shelf replenishment, scanning, or warehouse support—which workers choose and complete via the app, earning flexible income with weekly payouts. The company has already expanded to Poland and Romania. Similarly in the restaurant area Greet is a company offering one platform for QR table payments, ordering, tipping, and self-service kiosks which is already trusted by over 1,000 hospitality venues.
Meanwhile Buck4Bug is a Vilnius-based cybersecurity start-up and the first bug bounty platform in the Baltic region, connecting organisations with vetted ethical hackers to proactively identify and fix digital vulnerabilities. Founded in 2024, the company offers services such as penetration testing, phishing simulations, and compliance-focused security audits, enabling businesses to uncover weaknesses before malicious attackers exploit them. Through a pay-for-results model, companies reward researchers only for verified findings, providing a flexible alternative to traditional security testing while maintaining strict validation and reporting standards. By mobilising a global community of ‘white-hat’ hackers, Buck4Bug aims to strengthen cyber resilience for corporations, financial institutions, and public bodies across Europe.
In the defence technology space Luna Robotics is a startup specialising in advanced imaging systems for unmanned aerial platforms. Founded by experienced engineers and former military operators, the company’s flagship product, LunaCam, is a tactical first-person-view (FPV) drone camera capable of delivering high-quality, real-time visual feeds both day and night, even in challenging environments thanks to onboard image enhancement and low-latency design. Designed and manufactured in Lithuania with a supply chain independent of China, LunaCam has been tested in real-world conditions, including on the front lines in Ukraine, and aims to strengthen situational awareness for defence and allied missions.
In the healthcare area CardiWE offers early metabolic and cardiovascular risk detection services using facial biomarkers and AI to detect early signs of risk in under 60 seconds. The techniques are non-invasive, research-backed, and completely private. The heart health solution can be steered from your own phone or computer, biomarkers can be scanned and a personalised risk assessment and proposed next steps can be received instantly.
In the environmental sector Fivrec are powering the energy transition and securing the materials required for a sustainable future. Their solution specialises in the recycling of lithium-ion batteries. Their systematic and intelligent approach allows companies to streamline their recycling process, ensuring both efficiency and ease of use. Critical raw materials such as lithium, cobalt and nickel are vital building blocks of new technology and the energy transition but supply is limited and recycling will reduce the need for mining raw materials as well as reducing geopolitical risks too.
In the same vein NaionX are on a mission is to drive the world’s adoption of sodium-based battery technology with their proprietary cell chemistry which uses materials fully sourced within the EU. Their patent-pending solution eliminates lithium, cobalt, nickel, and copper by replacing them with more abundant, affordable, and sustainable alternatives. The performance reaches up to 160 Wh/kg and boasts excellent cold-weather performance. Their unique negative electrode also requires 40 per cent less energy to manufacture.
When it comes to the Lithuanian start-up scene there are a number of authors who are eager to write the future and drive the economy forwards. The creativity, drive and entrepreneurial spirit that embodies the local saying is alive and kicking in the Baltics.
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