Two Cleantech Companies Among the Winners of the Vilnius TechFusion Startup Awards

Events
Green
Vilnius TechFusion Startup Awards took place in Vilnius on Thursday evening, recognising the most successful startups of Lithuania in 2023, as well as emerging and climate-friendly technology companies. The event focused not only on companies, but also on projects or leaders with a significant contribution to the startup ecosystem. The event organisers say that the annual awards allow the public to get to know the achievements of Vilnius-based companies and leaders in technology. The traditional ceremony featured 7 categories and the winners were selected by a special jury and the public.

“These awards are an important emerging tradition to appreciate each other, support Lithuanian startups and find inspiring contacts. At the same time, it is a place to promote good change. To achieve zero emissions by 2050, the “Tech for Good” nomination is more than just praise. The cleantech sector, which includes energy, transport, resources, circular economy and more, focuses on the potential for a clean and sustainable future for Lithuania and the cleantech ecosystem, which is becoming increasingly significant with the climate change challenges growing every day,” notes Laima Balčiūnė, Director of Sunrise Tech Park and Director Lithuania of Cleantech for Baltics.

This year, startups competed in seven different categories, and companies from the cleantech sector played a role in winning awards in a few of them.

PVCase was awarded with the “Tech for Good” prize. PVCase is a global leader in solar design software from Lithuania, which aims to combine all steps of the design and operations process of solar power plants in one platform. In 2023, PVcase not only raised an investment of USD 100 million, but also acquired a successful US company Anderson Optimization. This award highlights the flagships in cleantech – startups dedicated to both innovation and environmental preservation. We celebrate those who harness technology to create a positive environmental impact, promote sustainability and push the boundaries of clean innovation. In light of the crucial target to achieve zero emissions by 2050, the Tech for Good Award is more than just recognition – it serves as a testament to technology’s potential to steer Lithuania towards a cleaner, more sustainable future. PVCase was awarded as the “Startup of the Year” too.

The “Rising Star” award went to Ovoko, a fast-growing platform for selling used car parts, operating in Lithuania under the name RRR.lt. The e-commerce platform is already used by more than 2 000 car part dealers from Lithuania, Latvia, Ukraine, Poland, France and Italy, with more than 6.7 million parts on offer.

Vilnius TechFusion Startup Awards 2023 are organised by Go Vilnius, Unicorns Lithuania, and Sunrise TechPark.

Related Publications

Events
Synchronisation as a regional innovation opportunity
On 31st October at 1PM in Riga conference “Synchronisation as a regional innovation opportunity” will bring together stakeholders from the Baltic states and the UK to share insights on the opportunities emerging by the synchronisation and how to tackle them effectively.
Green