Lithuanian company Eneba receives €10M from ILTE Lietuva

Lithuanian company Eneba (also known as Helis Play) has received a €10M loan from ILTE Lietuva. 

Eneba is an online marketplace offering a wide selection of PC and console games, subscriptions, game add-ons, gaming glasses, sets, and other equipment. Eneba was founded in 2018. The company is headquartered in Vilnius, Lithuania. The founders of Eneba are Vytis Uogintas and Žygimantas Mikšta.

Thanks to the loan, Eneba will begin implementing a new project: the development of an online platform for mobile games with a recommendation system based on artificial intelligence.

ILTE is Lithuania's national development bank providing financial services to local businesses, the public sector, agriculture and fisheries. The organization was founded in 2001.