July's newsletter is here: prepare to be amazed! 😉

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July, 2023

In this month's newsletter, we're thrilled to share some of the latest news and updates from Vilnius TechFusion.

A Historic July: Vilnius Shines on the Global Stage

Talk about making history, huh? This July, Vilnius was buzzing all over the global media as host of the NATO Summit, where we shared moments like the signing of Sweden's accession protoco l, hearing the POTUS grace us with his special speech and meeting a true Ukrainian hero, president Volodymyr Zelensky. As Lithuania's TechFusion HUB, Vilnius also shone brightly, dazzling the international media with two exciting events showcasing the magic of our tech scene.

And speaking of special moments, Vilnius hosted the party of a lifetime! The 700th birthday bash at the As Young As Vilnius Festival brought together tens of thousands in the most joyous revelry imaginable. Big names, such as Bastille and Clean Bandit, were front and centre, and one thing was obvious – people here know how to party!

So take a moment to reflect on the amazing things that took place in July and, of course, find out what's coming next!

Main July Headlines

PVcase scores $100M of funding to tackle solar's escalating data risk issue

PVcase, a global solar project design software champion, is making big headlines. It has officially locked in a jaw-dropping joint investment of $100M, catapulting its total funding well past the $123M mark. Highland Europe, Energize and the existing investor Elephant all jumped on board.

Read more

€12M call to boost digital activities: Vilnius region gets €5M

Lithuania's Minister of the Economy and Innovation is making waves with the recent announcement of a €12M funding call, which is set to rock the e-commerce world. This measure will empower businesses to fortify the security of their electronic transactions and jazz up online shops with captivating design elements.

Learn more

The Ministry of Finance puts forth guidelines for Lithuanian Fintech

The Ministry of Finance has announced guidelines for the Fintech sector's development from 2023 to 2028. Lithuania is gearing up to become an internationally recognised Fintech powerhouse, building on Vilnius’ title of the biggest Fintech HUB in the EU.

Check this out

Vilnius joins the selection process for the new home of AMLA

At the AMLA - We Are Waiting For You in Vilnius event, Lithuanian Minister of Finance ‌Gintarė Skaistė stated that the establishment of AMLA in Vilnius would send a significant signal in the current geopolitical reality and be a strong sign of trust in Lithuania.

Read the full article

Harnessing the Power of Fusion: the exciting case of Ondato

In the fast-paced digital era, traditional compliance approaches fall short of the mark. Step into the world of Ondato, where the synergy between ICT and Fintech has sparked a revolution in compliance like never before, streamlining KYC and AML-related processes using ground-breaking AI solutions tools.

Take a look

Suggest a speaker for the world’s leading startup event

Slush 2023, the technology and startup extravaganza, is back in Helsinki. The world’s largest gathering of VC brings together entrepreneurs, investors, tech enthusiasts and experts to connect and showcase innovations. They are hunting for exceptional speakers to join the stage!

Suggest your speaker

Sector Leaders

Meet Acad. Dr Gediminas Račiukaitis

In our conversation with Acad. Dr Gediminas Račiukaitis – the President of the Lithuanian Laser Association and Head of the Laser Technology Division at the Physical and Technological Sciences Centre – he explained how our country made its mark on the global laser scene as well as why this September, the Industrial Technology Research Institute will be open in Taiwan. We invite you to delve into a captivating interview about the Lithuanian laser ecosystem!