Lithuanian startup Laba7 raised €640 000 in a seed round

November 29, 2022

Lithuanian startup Laba7 raised €640 000 in a seed round from Lithuanian business angel network LitBAN (led the round) and Lithuanian fund CoInvest Capital.

The startup was launched in 2018. Laba7 develops suspension workshop tools, tuning equipment along with suspension testing technology.

Lithuania

Estonian-founded Starship Technologies cooperates with Uber

November 21, 2025

Starship Technologies , a developer of autonomous delivery vehicles, has announced the start of cooperation with Uber. At first, Starship robots will serve the Uber Eats food delivery service in the UK, and next year and in 2027 in several European countries and in the USA.

Venture capital firm Plural invests in German-British Hypersonica

February 11, 2026

Venture capital firm Plural led a €23.3M Series A round in German-British startup Hypersonica . Other investors included the Germany’s Federal Agency for Breakthrough Innovation (SPRIND), General Catalyst, and 201 Ventures.

Baltic startups raised a record €607M in 2025 — more than ever before

February 18, 2026

In 2025, startups in Estonia, Latvia, and Lithuania raised €607M in venture capital — an all-time record for the region and a 20% increase compared to 2024 (€505M). This is a turning point after two years of decline: the ecosystem has matured, rounds are less frequent but significantly larger, and foreign investors are actively returning.

BalticVC