Cureline, a US-based provider of human biospecimens (HBS) to the global biomedical research community, is establishing a clinical operations and research team in Lithuania. The team will be comprised of MS and PhD level research and medical professionals and is set to begin operations in early 2021. Cureline’s presence adds to the continually growing community of US companies in Lithuania’s Life Sciences ecosystem. Operating out of its central biorepository and two laboratories in California, Cureline provides human tissue specimens for therapeutic and diagnostic R&D around the globe. Its partners include world leading pharmaceutical companies in the US, Europe, Korea a... More

In search of new countries for development, Godel Technologies, a 18-year-old UK information technology company based in Minsk, Belarus, has approached Invest Lithuania. Within a few months of reconciling all investor needs, it has been decided to open an office in Vilnius in the business center 135 in Žalgirio street. Godel Technologies, which has 6 development centres across Belarus, starting from 2002 and has been growing rapidly in recent years, has decided to expand to countries near Belarus this year. All divisions of the company currently employs over 1,200 people to develop unique software for customers across Europe. More: https://investlithuania.com/news/belarus-based-it-com... More

Coherent Solutions, a US-based software development company, has announced plans to establish a full-scale software development centre in Vilnius, Lithuania. The company expects to hire at least 100 specialists over the next three years. Headquartered in Minneapolis, Coherent Solutions is an American company with Belarussian roots. Founded in 1995 by Minsk-born Igor Epshteyn, the company has self-funded its steady growth, averaging a 25% annual increase in revenue over the last 15 years. Today, Coherent Solutions has more than 1400 employees across offices in the US, Belarus and Bulgaria. More: https://investlithuania.com/news/global-software-developer-coherent-solutions-branches-out-t... More

Flo Health—the developer of Flo, the first AI-powered app for women’s health—is about to open a new office in Vilnius. The company plans active hiring focused on engineering within next 3 years. Flo is one of the most popular Health & Fitness apps in over 100 countries around the world, and is chosen by over 150 million women worldwide, with 36 million active monthly users. In the European Union alone, there are a total of 30M installs and 8M active monthly users. It is also the #1 app in the Health and Fitness category in Lithuanian App Store (November 2020). Flo supports women during the entire menstrual cycle. It is a one-stop health solution for women of all a... More

Eliq, a Swedish company developing customer engagement software for energy suppliers, has announced plans to open a development office in Vilnius, Lithuania. The company is looking to build a team, which will include software developers, data scientists and product managers. Founded in 2010 under the name Exibea, Eliq has been among the pioneers of developing innovative solutions for energy usage monitoring and optimisation. With the help of Eliq, utility companies can provide end-users with full control over their energy consumption, resulting in increased loyalty and engagement. More: https://investlithuania.com/news/swedish-software-company-eliq-establishes-product-development-offic... More