For the seventh time, Lithuania’s technology sector came together on January 30 for the Vilnius TechFusion Awards 2025 ceremony.
Awards were presented across eight categories, recognizing outstanding achievements, innovations, and contributions made over the past year to Vilnius’ rapidly growing technology business ecosystem. The jury selected winners from 28 nominees, ranging from breakthrough companies and influential ecosystem voices to organizations building bridges for international talent. The evening celebrated the most prominent players in the sector.
The Early-Stage Star award went to Sintra AI, recognized for securing the largest pre-seed investment in 2025. Tadas Burgaila was named Ecosystem Voice of the Year for his exceptional efforts in promoting startup culture and innovation development in both Lithuanian and international public spaces throughout the past year.
The award for An Unignorable Solution was presented to Atrandi Biosciences, honoring a bold and unconventional decision or solution introduced in 2025.
The Technology for Wellbeing award, established by Saulėtekio Tech Parkas, was awarded to Fivrec. The company was recognized for developing a technology that contributes to decarbonization, green energy, and social impact, helping to build a cleaner and more responsible future.
The Science in Action award was presented to Vilnius Tech for successfully transforming research, academic collaboration, and scientific discoveries into practical solutions that benefit society and accelerate progress in Vilnius and beyond. Meanwhile, Western Union received the Bridge for Talent award for its outstanding role in helping highly skilled international professionals discover Vilnius, feel at home in the city, and spread the word about it globally.
The Rising Vilnius Ambassador award was presented to Nexos.ai for significantly strengthening Vilnius’ global visibility and actively positioning the city as a hub for technology, innovation, talent, and investment, thereby enhancing its international reputation.
“These awards, which have now become a tradition, allow us to see and evaluate the change that has taken place over the past year — how much has been accomplished in the technology sector, what results have been achieved, and which names have shone the brightest. They are, in a way, the startup ‘Oscars’ of the capital, and we are rightfully proud of them,” said Mangirdas Šapranauskas, Head of Business at Go Vilnius, the city’s tourism and business development agency.
According to Laima Balčiūnė, Director of Saulėtekio Tech Parkas, the past year saw the growth of large-scale projects, strengthening of real infrastructure, and a clearer path for technologies becoming an integral part of the everyday economy.
“2025 was a year in Lithuania’s CleanTech sector when ambition increasingly turned into implementation. While tangible solutions are already visible, much of the breakthrough is happening in pilots and testing phases, where technologies are validated in real-world conditions, technical requirements are aligned, data is collected, and integration challenges are addressed. It is precisely at this stage that ideas turn into scalable solutions in areas such as energy efficiency, circular economy and resource management, and industrial process modernization,” Balčiūnė noted.
According to Gintarė Verbickaitė, CEO of Unicorns Lithuania, the country is currently home to more than 1,100 startups, with the sector standing out for its high productivity, rapid growth, and willingness to experiment.
“The vast majority of Lithuanian startups operate globally and are export-oriented from day one. In terms of focus areas, the ecosystem demonstrates strong competencies in fintech, cybersecurity, e-commerce platforms, and deep tech, as well as the ability to reach private consumers worldwide,” said Verbickaitė.
She also highlighted that Lithuania’s startup sector includes a significant number of companies that have already moved beyond the early growth stage and generate high added value. Excluding unicorns, around 30 companies generate more than €20 million in annual revenue, with several exceeding €100 million. Notably, many of these companies grew organically, without venture capital or other external investment.
“The development of Lithuania’s startup ecosystem in 2025 is reflected not only in investment figures but also in the growing talent pool, which has reached nearly 20,000 professionals — 5% more than in 2024. Startup-paid taxes also increased: during the first three quarters of 2025 alone, startups operating in Lithuania paid €420.9 million in taxes, a 17% increase compared to the previous year,” Verbickaitė emphasized.
The Vilnius TechFusion Awards were first launched in 2019 by Go Vilnius together with its partners, with the aim of fostering innovation and recognizing the contribution of technology companies to the city’s and country’s economic growth. This year, Go Vilnius, together with Unicorns Lithuania and Saulėtekio Tech Parkas, brought leaders of the technology business ecosystem together at the AC Hotel Marriott.
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