2021.05.28
Partner A. Milukas shares his thoughts about the startup ecosystem at Lithuanian Economy Conference
Last week fund partner Audrius Milukas had the honor to speak about unicorn trends at the Lithuania Economic Conference 2021.
Key conclusions from the presentation:
- There are 692 unicorns in the World. Top regions: 1. USA - 53%; 2. China - 20%; 3. Europe - 14%.
- During the pandemic, the unicorn births exploded - almost 300 (!) joined the herd.
- Top industries with the most unicorns remain 1. Fintech - 119; 2. Software - 109; 3. E-Commerce - 82.
- Health, Cybersecurity, Data management, and AI could be identified as breakthrough fields.
- Lithuania has at least 50 fast-growing startups that aim to become unicorns in a 3-5 years period.
Tech and startups are thriving both in Lithuania and Worldwide. Let's continue to support our rising stars and early-stage tech companies!
