Lithuania's startup scene is supported by a core group of local accelerators. These programs provide early-stage funding and guidance for new companies.

For example, 70Ventures and FIRSTPICK have each backed over 40 startups. Other active firms include IMI.VC, which has made more than 30 investments.

Below is our list of the best 7 accelerators and incubators in Lithuania.

Failory's Top 7 Picks

70Ventures partners with early-stage B2B startups to build powerful, scalable sales engines from the ground up. Their revenue acceleration model provides the hands-on expertise and framework needed to transform innovative products into high-growth companies.

Year Founded2019
FoundersPer Møller, Gytenis Galkis, JB Daguene
Nº of Investments46
Nº of Exits4
IMI.VC Logo

2. IMI.VC

Specializing in internet and mobile technology, IMI.VC provides crucial investment and working capital to innovative startups. Their portfolio highlights a significant focus on the gaming industry, including backing major developers like Game Insight.

Year Founded2011
FoundersIgor Matsanyuk
Nº of Investments33
Nº of Exits3

As a hybrid accelerator and private equity fund, Katalista Ventures helps build resilient businesses designed for a better future. They partner with early-stage startups, including Turing College and Monimoto, providing hands-on support guided by a "Triple Top Line" framework that balances people, planet, and profit.

Year Founded2017
Founders
Nº of Investments6
Nº of Exits1

StartupHighway champions early-stage startups in the Baltic region through its combined accelerator program and seed fund. They provide the essential capital and mentorship needed to help new technology companies launch and scale.

Year Founded2011
FoundersDarius Zakaitis, Rokas Tamošiūnas, Martynas Nikolajevas
Nº of Investments16
Nº of Exits1

Baltic Sandbox Ventures operates as both a VC fund and an accelerator, backing pre-seed and seed stage startups in deep tech and life sciences. They provide founders with the necessary capital and programmatic support to transform complex scientific and technological ideas into viable businesses.

Year Founded2022
Founders
Nº of Investments20
Nº of Exits
FIRSTPICK Logo

FIRSTPICK operates as a high-speed venture fund and accelerator, backing tech startups across the Baltics. They provide founders with their first investment and a structured program to help build their companies from the ground up.

Year Founded2022
FoundersMarijus Andrijauskas, Jone Vaituleviciute, Andra Bagdonaite, Dmitrij Sosunov
Nº of Investments46
Nº of Exits
Duration (Weeks)14
ScaleWolf Logo

Operating as both a venture fund and accelerator, ScaleWolf invests in deep tech startups that have both commercial and defense applications. They provide the necessary capital and strategic support to help these companies scale within the complex dual-use technology landscape.

Year Founded
FoundersDave Harden
Nº of Investments9
Nº of Exits