LOGIN Startup Fair: investors and startups held over 200 meetings in two days

2014 April 14

LOGIN Startup Fair: investors and startups held over 200 meetings in two days

The two-day event LOGIN Startup Fair powered by Enterprise Lithuania and Startup Lithuania ended with an award ceremony of LOGIN Startup Pitch Challenge winners on Friday evening. During the event, a total of 30 startups went on the scene to present their business ideas before an international jury of the representatives of VC's, startup accelerators and the media. Six startups made it to the final.

Dragdis team was announced as the top winner. The team develops an app for easily saving online content by dragging and dropping it anywhere. Dragdis has over 30 000 subscribers. The winner was awarded EUR 2 000 and a ticket to Startup Lithuania Roadshow 2014 to be organized by Enterprise Lithuania and Startup Lithuania this autumn. The participants of Startup Lithuania Roadshow go abroad to meet with foreign investors.

Bliu Bliu team became the second winner and received one thousand euros. Bliu Bliu develops a language teaching app.

SkyBiometry team, the developer of Face Detection and Recognition API, won the third prize of EUR 500.

The startup Neurontools received a special prize for innovation.  Neurontools develops a neuromarketing tool.

The participants of LOGIN conference were presented with innovative business ideas by 54 startup teams. 40 teams presented their products at stands. The event was attended by the representatives of 24 venture capital funds and 7 startup accelerators, who were looking for new talents in Lithuania. Among the guests were Europe’s largest venture capital fund Balderton Capital, Israel’s largest venture capital fund Pitango Venture Capital and  investors that have already invested in startups founded by Lithuanians such as Wellington Partners and Intel Capital. 229 one on one meetings between investors and startups participating in the conference were held in Matchmaking Area during the two days of the event.

The Lithuanian Internet Awards which crowned LOGIN progress conference named the website administrated by Enterprise Lithuania and Startup Lithuania www.startupLithuania.lt the best among community websites.

LOGIN Startup Fair consisted of four parts: Conference, Startup Pitch Challenge, Startup Fair and 1 on 1 meetings of startups and investors. LOGIN Startup Fair joined LOGIN tech conference for the first time in 2013 and was organized by Enterprise Lithuania and Startup Lithuania. 

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