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Lithuanias

From bootstrapped to billions: How Nord spent ‘hundreds of millions’ minting VPN customers to become Lithuania’s tech darling

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Nord Security started as an obscure, bootstrapped company in a part of the world where tech champions are rare: Lithuania.  But it didn’t take long for it to become mainstream with its niche (and sometimes expensive) cyber security and virtual private network (VPN) products.  Tomas Okmanas and Eimantas Sabaliauskas saw this opportunity in 2012 while … Read more

In defense tech, Lithuania’s sovereign VC fund is one step ahead

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Europe is waking up to the need to invest in defense, and so are European VCs. But with a painful history of Soviet occupations, Lithuania didn’t wait for the third anniversary of Russia’s invasion of Ukraine to reach its third anniversary to commit 5% to 6% of its GDP to military spending — and fund … Read more

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