{"id":13167,"date":"2023-06-23T09:24:51","date_gmt":"2023-06-23T09:24:51","guid":{"rendered":"http:\/\/TheNextWeb=1397619"},"modified":"2023-06-23T09:24:51","modified_gmt":"2023-06-23T09:24:51","slug":"lithuania-to-host-europes-largest-tech-campus-following-e100m-investment","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=13167","title":{"rendered":"Lithuania to host Europe\u2019s largest tech campus following \u20ac100M investment"},"content":{"rendered":"\n<p><span>Lithuania is planning to build Europe\u2019s largest startup campus in the capital Vilnius, as it looks to attract the next in tech talent.<\/span><\/p>\n<p><span>Lithuanian co-working company Tech Zity is investing \u20ac100m into the new campus which, upon completion in 2024, will provide private workspace for some 5,000 tech workers.&nbsp;<\/span><\/p>\n<p><span>The hub will also house co-working and co-living spaces, events spaces, meeting rooms, and no less than 10 restaurants. The site will be open 24\/7 to cater to an \u201cincreasing number of hybrid workers.\u201d&nbsp;&nbsp;&nbsp;<\/span><\/p>\n<p><span>The centre has a floor space equivalent to 10 football fields, making it two-thirds larger than Europe\u2019s current largest startup campus \u2014 Paris\u2019 <\/span><a href=\"https:\/\/stationf.co\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><span>Station F<\/span><\/a><span>.&nbsp;&nbsp;<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1397622 size-full js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub.jpg\" alt=\"vilnius-lithuania-tech-hub\" width=\"1200\" height=\"858\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data-srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub.jpg 1200w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-280x200.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-189x135.jpg 189w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-378x270.jpg 378w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-796x569.jpg 796w\"><figcaption><a href=\"https:\/\/thenextweb.com\/news\/lithuania-europe-largest-tech-campus-100-million-investment#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fecosystems%2F2023%2F06%2F23%2Flithuania-europe-largest-tech-campus-100-million-investment%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: A 3D render of \u2018Europe\u2019s largest tech hub\u2019 planned for an old industrial site in Lithuania\u2019s capital, Vilnius. Credit: Tech Zity\/DO ARCHITECTS\" data-title=\"Share A 3D render of \u2018Europe\u2019s largest tech hub\u2019 planned for an old industrial site in Lithuania\u2019s capital, Vilnius. Credit: Tech Zity\/DO ARCHITECTS on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share A 3D render of \u2018Europe\u2019s largest tech hub\u2019 planned for an old industrial site in Lithuania\u2019s capital, Vilnius. Credit: Tech Zity\/DO ARCHITECTS on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"><\/i><\/a>A 3D render of \u2018Europe\u2019s largest tech hub\u2019 planned for an old industrial site in Lithuania\u2019s capital, Vilnius. Credit: Tech Zity\/DO ARCHITECTS<\/figcaption><noscript><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1397622 size-full\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub.jpg\" alt=\"vilnius-lithuania-tech-hub\" width=\"1200\" height=\"858\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub.jpg 1200w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-280x200.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-189x135.jpg 189w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-378x270.jpg 378w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/vilnius-lithuania-tech-hub-796x569.jpg 796w\"><\/noscript><\/figure>\n<p><span>Between 2017-2022, Lithuania has grown its digital economy by 16.8x annually \u2013 with the ecosystem now valued at over \u20ac9.5bn.&nbsp;<\/span><\/p>\n<div class=\"inarticle-wrapper latest channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\" readability=\"8.5\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/s3.amazonaws.com\/events.tnw\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/div>\n<p><noscript><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/events.tnw\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/noscript><\/p>\n<div class=\"channel-cta-input\" readability=\"12\">\n<h2 class=\"channel-cta-title\">The &lt;3 of EU tech<\/h2>\n<p class=\"channel-cta-tagline\">The latest rumblings from the EU tech scene, a story from our wise ol&#8217; founder Boris, and some questionable AI art. It&#8217;s free, every week, in your inbox. Sign up now!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><span>The country showed resilience in tech funding in 2022, recording its second-best year ever in terms of VC funding despite a <a href=\"https:\/\/thenextweb.com\/news\/startup-genome-2022-was-tough-but-a-recession-is-a-great-time-to-invest-in-tech\" target=\"_blank\" rel=\"noopener noreferrer\">turbulent year<\/a> for the global technology sector.<\/span><\/p>\n<p><span>\u201cWhen I started investing in the Vilnius tech ecosystem in 2009 you could fit the entire tech ecosystem in one room,\u201d said Darius \u017dakaitis, founder of Tech Zity. \u201cNow the city is home to some of Europe\u2019s best-known tech firms.\u201d<\/span><\/p>\n<p><span>Vilnius is the fastest-growing tech ecosystem in central and eastern Europe \u2014 home to a host of unicorns, including cybersecurity firm Nord Security (NordVPN) and second-hand clothing marketplace Vinted.<\/span><\/p>\n<p><span>Darius hopes the new centre will cater to this growing ecosystem and appeal to tech firms at every level \u2014 \u201ceveryone from pre-seed startups, through to the likes of Google, can call Vilnius their home,\u201d he said.&nbsp;&nbsp;<\/span><\/p>\n<p><span>Tech Zity will renovate a number of old sewing factories in Vilnius\u2019 New Town to create the new campus. Many of the old-school aesthetics will be retained but with several modern touches. The developer said it wants to \u201cprotect the building\u2019s history and identity\u201d while creating workspaces that workers are \u201cexcited to return to post-pandemic.\u201d&nbsp;<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1397623 size-full js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub.jpg\" alt=\"lithuania-vilnius-tech-hub\" width=\"1200\" height=\"800\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data-srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub.jpg 1200w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-280x187.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-203x135.jpg 203w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-405x270.jpg 405w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-796x531.jpg 796w\"><figcaption><a href=\"https:\/\/thenextweb.com\/news\/lithuania-europe-largest-tech-campus-100-million-investment#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fecosystems%2F2023%2F06%2F23%2Flithuania-europe-largest-tech-campus-100-million-investment%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: This old sewing factory will form the basis of the new tech hub. Credit: Tech Zity\" data-title=\"Share This old sewing factory will form the basis of the new tech hub. Credit: Tech Zity on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share This old sewing factory will form the basis of the new tech hub. Credit: Tech Zity on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"><\/i><\/a>This old sewing factory will form the basis of the new tech hub. Credit: Tech Zity<\/figcaption><noscript><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1397623 size-full\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub.jpg\" alt=\"lithuania-vilnius-tech-hub\" width=\"1200\" height=\"800\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub.jpg 1200w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-280x187.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-203x135.jpg 203w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-405x270.jpg 405w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/06\/lithuania-vilnius-tech-hub-796x531.jpg 796w\"><\/noscript><\/figure>\n<p><span>Around 70% of building work is based on renovation, with only 30% of campus space being built from the ground up. By reusing much of the existing building, the project could save over 500 million tonnes of carbon throughout the construction process.&nbsp;<\/span><\/p>\n<p><span>Tech Zity already manages three tech campuses in Vilnius, including Tech Park, Tech Loft, and Tech Spa, which are home to companies like Google, Bored Panda, and Kilo Health. Its most ambitious project yet, the new tech mega-campus is part-funded by Tech Zity\u2019s existing operations \u2014 with support from Mantas Mikuckas, the COO and founder of Vinted. The developer remains in talks with a number of investment banks, family offices, and institutional investors for additional funding.&nbsp;<\/span><\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/news\/lithuania-europe-largest-tech-campus-100-million-investment\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lithuania is planning to build Europe\u2019s largest startup campus in the capital Vilnius, as it looks to attract the next in tech talent. Lithuanian co-working company Tech Zity is investing \u20ac100m into&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/13167"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13167"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/13167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/13168"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}