Our weekly selection of the TOP news about Lithuania (24-02-09)
We invite you to check out our weekly selection of the TOP news about Lithuania:
The Knotty Ones, a sustainable clothing brand deeply rooted in the Lithuanian heritage craft of knitting, recently closed an investment round of €250K. The fresh capital comes from a group of female investors – including Giedrė Dukauskaitė, a famous model and long-time ambassador of “The Knotty Ones”, and Viktorija Trimbel, the Managing Director of Coinvest Capital. A women angels’ syndicate has also been formed specifically for this investment, with the goal of making it more accessible for women who want to start investing with smaller tickets.
Lithuania‘s Record-Breaking Global Innovation Index Leap (Lithuania.lt)
This year, Lithuania ranked 34th out of 132 countries in the Global Innovation Index, which measures the development of the innovation ecosystem. In just one year, Lithuania’s position in the Global Innovation Index jumped by a record-breaking 5 places.
Vilnius-based Nord Security, a cyber security company founded by Eimantas Sabaliauskas and Tomas Okmanas, has attracted a new USD 100 million investment from the United States private equity firm Warburg Pincus and nearly doubled its value to USD 3 billion in just over a year.
Vilnius named emerging Europe’s most business-friendly city (LRT)
Vilnius has been named the most business-friendly city in emerging Europe, topping this year’s Business-Friendly City Perception Index. Another city in Lithuania, Klaipėda, meanwhile tops the ranking for smaller cities.
‘Beautiful’ city awarded UNESCO status is the ideal autumn holiday destination (Express.uk)
Kaunas, Lithuania’s second largest city, sits at the confluence of the country’s biggest rivers. While it was the European Capital of Culture last year, there’s still plenty to discover in the Baltic city.
See you next time!
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