- Biomedical Engineering Institute
- Food Institute
- Health Telematics Science Institute
- Institute of Architecture and Construction
- Institute of Defence Technologies
- Institute of Environmental Engineering
- Institute of Materials Science
- Institute of Mechatronics
- Institute of Metrology
- Prof. Kazimieras Baršauskas Ultrasound Research Institute
Start-up SearchNode born and developed at Startup Space of Kaunas University of Technology (KTU) is named as the most ambitious Lithuanian start-up, according to the global business website Forbes. There are two more enterprises created by KTU graduates among the listed most ambitious Lithuanian start-ups. “We are proud to be reading about Lithuanian start-ups in global media. This means that we are equal players in the game”, says Donatas Smailys, Head of KTU’s start-up incubator Startup Space.
Three out of eight most ambitious Lithuanian start-ups are closely related to KTU: SearchNode, Inside Warehouse and Copictures. The enterprises have raised large venture capital investments, are working with global brands and generate generous revenues.
SearchNode created by then a 16 year-old Antanas Bakšys is offering smart search systems for e-commerce websites. Created four years ago, today SearchNode has 100 customers from 13 countries and calculates 6-digit number annual revenue.
Inside Warehouse, which was founded by two KTU graduates is a virtual system, which embedded into the collaborating websites enables web surfers to see the related retailers’ content and to buy products without leaving the initial website. The start-up has raised 700 thousand dollars from angel investors in the US and Europe. One of the founders of the enterprise, Justinas Taruška is a mentor for the KTU’s start-ups and an entrepreneurship module lecturer.
Copictures created by KTU’s student Dovydas Nackis is offering a joint platform for photographers, media agencies and event organisers, making it a one-stop-shop for all event related content. The start-up has already raised 200 thousand dollars and is expanding into the global market.
Start-Ups in Lithuania Raise 130 Million Euros Annually
“The word start-up has replaced the word innovation across the world”, says Smailys, Head of KTU’s start-up community.
According to him, the fact that our start-ups are becoming globally visible informs the world about the possibilities of Lithuanian market and about the existing beneficial infrastructure for innovation.
“The start-ups are aimed at global markets, they are raising foreign investment and learning from best practices, which is crucial for the national economy and promotes our country on the international level. More than 90 per cent of the investment into Lithuanian start-ups (around 130 million euros) is from foreign investors”, says Smailys.
According to the Head of KTU’s Startup Space, start-up culture not only stimulates innovation, but also requires the adequate attention from the state institutions for creating the start-up ecosystem boosting instruments.
The Lithuanian Ministry of Education and Science is offering 70 partial and fully-funded postgraduate scholarships for international students. Citizens from Ukraine, Belarus, Georgia, Armenia, Azerbaijan, Moldova, Japan, China, Korea and Israel, as well as foreigners of Lithuanian origin, are eligible to apply for...
If You need an answer to the question „Why focus on Career?“ there is one given below. Katie Jarvis in her presentation will share some simple tactics and techniques that can help to focus and build Your career. Traditionally ‘Career development’ meant upward promotion. However, organisations are flatter and leaner...
Earlier this year, Italian high technology enterprise Gruppo FOS Lithuania has opened its headquarters in Kaunas Science and Technology Park at Kaunas University of Technology (KTU) Santaka Valley. The main reason for Gruppo FOS coming to Lithuania was collaboration with KTU and Lithuanian University of Health...
Ovidijus Krivas, Kaunas University of Technology (KTU) graduate, who is studying masters at Beijing Institute of Technology (China) represented Lithuania in the international Youth Forum organised by UNESCO in collaboration with the Municipalities of Changsha and Quanzhou from 17 to 22 April. International Youth...
KTU Library invites to join initiative „Spring with books“give fiction books for the library. You are a part of your library. You can change it. Let‘s create library together.
On the 24th-30th of April we invite you to participate in National Library Week.
We invite you to participate in KTU Debate Club debates “Contemporary student does (not) need library“ We will discuss the importance of library for students. Participates vice-rector for studies dr Jurgita Šiugždinienė, prof dr Linas Svilainis, president of student‘s representation Lukas Kijauskas,...
Every year, more and more students from foreign countries come to study to Lithuania. After some time, they admit to be amazed not only by the quality of studies, but also by beautiful country and charming nature. Tamara Machitadze from Georgia, marketing management master’s student from Kaunas University of...