Monopulse, a Danish‑Lithuanian UAV maker founded in 2021, secured more than €2 million from investors including Coinvest Capital, Plug and Play and NGL Ventures. The funding will boost production, R&D and market expansion for its electronic‑warfare‑resistant drones used by NATO forces.
Revolut, the London‑based fintech founded in 2015, now has about 80 million customers worldwide and a valuation of $115 billion, surpassing the market capitalisation of several European banks. The company is expanding its banking licences globally, while facing regulatory scrutiny in Lithuania and a data‑leak incident. Its CEO Nikolay Storonsky aims to turn Revolut into a global bank, and the firm continues to grow its user base across Europe, including strong penetration in Romania and Ireland.
Lithuanian startup Axiology is providing DLT-based trading and settlement infrastructure for digital securities and is part of the initial rollout of the ECB’s Pontes service, which allows settlement in central bank money, marking a step toward pan‑European digital capital markets.
Lithuanian web‑intelligence startup Oxylabs, founded in 2015 and previously bootstrapped, raised €113.6 million from Warburg Pincus in July 2026, becoming Lithuania’s newest unicorn with a €3.1 billion valuation.
Lithuanian legaltech startup EnforceShield secured €1.7 million in seed funding led by Vendep Capital, with participation from FIRSTPICK VC, to scale its AI‑powered SaaS platform that automates IP enforcement for online marketplaces and brands.
Vinted announced that it will stop using Mangopay for seller payments in Germany and switch to its proprietary Vinted Pay system. The change, finalised on 5 October, will allow tighter control over wallets, bank‑account matching, security checks and identity verification. Vinted Pay has been piloted in the Baltic states and several Eastern and Southern European countries, while Vinted still relies on external providers such as Mangopay and Adyen in markets like the Netherlands, France and the UK. The move does not end Vinted’s partnership with Mangopay, which was extended earlier this year.
Lithuanian AI startup Guideless secured €1 million in a pre‑seed round led by Superhero Capital, with participation from FIRSTPICK VC and several angel investors. The funding will be used to enhance its AI‑driven platform that automates software training and workflow documentation, and to expand the business across Europe and the United States.
Lithuanian femtosecond‑laser startup LITILIT secured an €8 million loan from the national development bank to launch a €10 million project that will enable mass production of high‑power femtosecond lasers and the rollout of its modular FEMODA system.
Lithuanian startup Sigvi, an AI‑powered platform that lets independent fleet operators rent cars automatically, secured €1.2 million in pre‑seed funding led by Superhero Capital. The capital will be used to enhance its AI‑driven rental technology and grow its vehicle network, building on its recent launch in Poland where it manages over 200 cars.
German startup Voodin Blade Technology, together with Lithuanian partners VMG Wood Invest and VMG Technics and Anker‑Tec, received a €48.18 million grant from the EU Innovation Fund to create the first automated wooden blade factory in Spain, aiming to produce recyclable wind‑turbine blades and support a sustainable European supply chain.