Lithuania startup funding in H1 2014

European tech funding raised by Lithuania startups during H1 2014.

In H1 2014, 21 startups in Lithuania closed 22 funding rounds and raised €23M in equity funding (excluding debt and grants), down 6.6% versus H1 2013. Software was the most active sector, and Practica Capital was the most active investor. Data as of 4 Nov 2026.

Equity funding

€23M

-6.6% vs H1 2013 · excl. debt & grants

Funding rounds

+266.7% vs H1 2013

Companies

Top sector

Software

Rank in Europe

#17

0.5% of European funding

Top-10 round share

98.5%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€20M	3
Feb	€680k	7
Mar	€429k	3
Apr	€1.9M	9

Top sectors

by € raised

Data table

	Lithuania — top sectors by capital, H1 2014
Fashion	€19M
Healthtech	€1.5M
Fintech	€1.4M
Consumer	€450k
Software	€272k
Media	€220k
Foodtech	€200k
Proptech	€200k

Stage mix

by € raised

Data table

	Lithuania — stage mix, H1 2014
Series B	€19M
Other	€4.2M

Exits & M&A

1 Acquisition

1 exit.

Top deals

largest disclosed rounds in H1 2014

Company	Stage	Date	Amount
Vinted	Series B	Jan 2014	€19M
WoraPay	Other	Apr 2014	€1.2M
Integrated Optics	Other	Jan 2014	€1.2M
Web Robots	Other	Apr 2014	€250k
adtarget.me	Other	Feb 2014	€200k
ReHobby	Other	Feb 2014	€200k
Xylo	Other	Mar 2014	€200k
PlaceILive	Other	Apr 2014	€200k
PlateCulture	Other	Mar 2014	€200k
Manodaktaras.lt	Other	Feb 2014	€180k
Alovita	Other	Apr 2014	€120k
Toyze	Other	Feb 2014	€100k
Phantom Group	Other	Apr 2014	€40k
Ekspertas.lt	Other	Mar 2014	€29k
Copictures	Other	Apr 2014	€20k

View all 22 Lithuania deals in H1 2014 →

Top investors

most active in H1 2014, by deal count

← All 2014 Lithuania funding