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Radar · Gaming in Lithuania

Best Gaming Companies in Lithuania

The 37 best Gaming companies in Lithuania in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Game Insight.

37companies tracked
$71.4Mdisclosed funding
0unicorns
9have raised
Sources & further reading
  • ResearchAndMarkets.com
  • Statista
FLIAR INTELLIGENCE · GAMING × LITHUANIA

Our analysis of 180 Gaming companies

$26.0b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

180companies analysed
90%cloud-native stacks
2024funding peak (by rounds)
14unicorns
2020median founding year

Ranked: Best Gaming companies in Lithuania

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Game Insight
Video game developer for mobile and web platforms
$25M163 mo agoLate Stage—2009PHPFacebook LoginMicrosoft Advertising+9—
2Eneba
Online retailer of digital games
$11M9 mo agoSeries A—2017SentryTypeScriptGraphQL+15—
3Mars4
Blockchain-based metaverse offering Mars NFTs
$7M29 mo agoFunding RaisedTomas Martunas
Co-Founder
2021Wix eCommerceWixSentry+20—
4Engines of Fury
Developer of NFT action games for PC and console
$6M28 mo agoSeedPijus Aleksandravicius
Co-Founder
2021Node.jsYouTubeReact+14—
5Ertha
Game-based trading platform for NFTs
$5M56 mo agoSeedLinas Kiguolis
CEO
2018ReadymagProton MailAnimate.css+25—
6Moon
NFT-based trading platform for games
$5M37 mo agoFunding Raised—2021——
7GOSU.AI
AI enabled Esports coaching platform
$5M81 mo agoDeadpooledAlexander Mikheev
Co-Founder
2017——
8Spellfire
Provider of blockchain-based collectable card game
$4M55 mo agoEarly StageUgnius Kiguolis
Founder
1994Proton MailVimeoTailwind CSS+14—
9Basketballverse
Developer of a P2E 3D multiplayer basketball metaverse
$3M52 mo agoFunding RaisedSimonas Januskis
CEO
2021Cart FunctionalityNode.jsYouTube+15—
10The FishVerse
Developer of blockchain-based fishing game for mobile devices
$250K28 mo agoSeedRokas Einikis
CEO
2021——
11Tag of Joy
Game development studio
$134K90 mo agoFunding RaisedŠarūnas Ledas
CEO / Game Developer / Co-founder
2011——

Top 11 Gaming companies in Lithuania

#1
Series A · Kaunas, Kaunas County · founded 2017 · 194 employees
$10.8Mraised
▾

Eneba is an online retailer of digital games. The product catalog includes action-adventure games, animal & army games, Blizzard games, call of duty series, and more. The company offers games of multiple genres, types, operating systems, platforms, and more.

Funding rounds
  • Dec 2025Conventional Debt$7.2M
  • Dec 2020Series A$8M
  • Nov 2019Seed$2.8M
Investors
InReach Ventures, Practica Capital, FJ Labs, Ilte
Tech stack
Amazon SesAmazon Web ServicesApolloApple Icloud MailCloudflareCloudflare Turnstile
#2
Funding Raised · Vilnius County · founded 2021 · 18 employees
$6.6Mraised
▾

Blockchain-based metaverse offering Mars NFTs. It offers a virtual reality platform powered by the blockchain that allows users to create, experience, and monetize content and applications and earn passive income through revenue generation. It allows users to purchase plots of land on Mars that they can later navigate, and monetize.

Funding rounds
  • Apr 2024ICO$1.3M
  • Sep 2021ICO$5.3M
Founders & team
Tomas MartunasCo-FounderRichard BernoChief Executive Officer
Investors
Vendetta Capital, Zen Capital, Avstar, Basics Capital, Hindsgaul Capital, Onemax
Tech stack
BootstrapCloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle Analytics
#3
Seed · London, England · founded 2021 · 32 employees
$5.8Mraised
▾

Developer of NFT action games for PC and console. The game offers retro-futuristic auto-battle action-packed play-to-earn arena games.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 750 LinkedIn followers — 5.4% of this cohort's audience
Activity: 5 product launches announced in 12 mo
Funding rounds
  • May 2024ICO$5.8M
  • Apr 2024Seed—
Founders & team
Pijus AleksandraviciusCo-FounderPetras NargelaCo-FounderArnas JonikasCo-Founder
Investors
Animoca Brands, Shima Capital, Enzac Research, SL2 Capital, RR2 Capital, Unicorn Ventures
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsGoogle WorkspaceHstsHttp/3
#4
Funding Raised · Lithuania · founded 2021 · 3 employees
$5.2Mraised
▾

NFT-based trading platform for games. It enables users to buy and rent land on the moon. The platform combines concepts of Play-to-Earn and Play-to-Learn for exploring the Conspiracy Theories present on the Moon, the Dark Side mysteries, leveling up in-game, and assuring lifetime passive income based on NFT land-powered multiplayer space colonization.

Funding rounds
  • Jul 2023ICO$5.2M
Investors
Zen Capital
#5
Late Stage · Vilnius, Vilnius County · founded 2009 · 421 employees
$25Mraised
▾

Game Insight is a Lithuania based video game developer for mobile and web devices. Has developed multiple games including "Paradise Island", "The Tribez" and "Dragon Eternity" (a fantasy MMORPG game) for mobile, web and PC devices. The games are based on the freemium model.

Investors
IMI.VC
Tech stack
CloudflareCookiebotCore-JsFacebook LoginFacebook PixelFingerprintjs
#6
Seed · Kaunas, Kaunas County · founded 2018 · 15 employees
$5.4Mraised
▾

Game-based trading platform for NFTs. It enables users to own a land plot and earn lifetime revenue from the Ertha token. Users can also multiply funds in ERTHA tokens by playing ERTHA.

Funding rounds
  • Jan 2022ICO$6.7M
  • Oct 2021Seed$5.4M
Founders & team
Linas KiguolisCEO
Investors
Mars4, X21 Digital, Momentum 6, TerraNova Partners, LD Capital, GD10 Ventures
#7
Early Stage · Kaunas, Kaunas County · founded 1994 · 4 employees
$4.2Mraised
▾

Operator of a gaming platform intended to help gamers to generate income from NFTs and enjoy the sport. The company offers collectible card games with modern design sensibilities, enabling gamers to earn money while playing fun and adventure games.

Founders & team
Ugnius KiguolisFounder
Investors
DAO Maker, Shima Capital, Genblock Capital, IBC Group, Maven Capital Partners, Autonomy Capital
Tech stack
AxiosCloudflareCloudflare Bot ManagementCloudflare Browser InsightsGoogle AnalyticsGoogle Font Api
#8
Funding Raised · Vilnius, Vilnius County · founded 2021 · 16 employees
$2.9Mraised
▾

Developer of a P2E 3D multiplayer basketball metaverse. It allows basketball enthusiasts to develop an NFT basketball avatar, manage the club or arena, build a fanbase, attract sponsorships and earn a real income.

Funding rounds
  • Apr 2022ICO$2.9M
Founders & team
Simonas JanuskisCEO
Investors
GTS Ventures, WealthUnion, 2A Ventures, Avstar
#9
Seed · Vilnius, Vilnius County · founded 2021
$250Kraised
▾

Developer of blockchain-based fishing game for mobile devices. It is a AAA-type mobile fishing game that is decentralized and built on blockchain technology. The game will be available for PC and mobile devices.

Funding rounds
  • May 2024ICO$690K
  • Apr 2024Seed$250K
Founders & team
Rokas EinikisCEO
Investors
DFINITY, GameFi, A+ Ventures, Gotbit, Crypto Executives, Solanium
#10
Deadpooled · Vilnius, Vilnius County · founded 2017 · 15 employees
$5.1Mraised
▾

GOSU.AI is an esports coaching platform that enables gamers to play and improve their game-playing skills for various esports games including Dota 2 and PUBG. Gamers can improve their skills by analyzing matches and recommendation for Dota 2/PUBG.

Funding rounds
  • Dec 2019Seed$2.8M
  • Mar 2018Seed$1.9M
  • Oct 2017Seed$420K
Founders & team
Alexander MikheevCo-Founder
Investors
Sistema Venture Capital, Brighteye Ventures, Runa Capital, Ventech, Taver Capital
#11
Funding Raised · Vilnius, Vilnius County · founded 2011
$134.2Kraised
▾

Tag of Joy is a mobile game development studio focusing on casual games. Founded in 2011, the studio has a portfolio of 15 games and popular projects include Monster Buster - a fighting game and 'Crowns & Pawns' - a point and click adventure game for PC and Console. Tag of Joy is also making interactive visualizations, graphical applications, augmented reality solutions and other gamified products for various purposes.

Funding rounds
  • Feb 2019Grant (prize money)$68.3K
  • Mar 2015Grant (prize money)$66K
Founders & team
Šarūnas LedasCEO / Game Developer / Co-founder
Investors
Europa
Tech stack
Apache Http ServerJqueryLightboxOpen Graph

Funding & investor landscape

$71.4Mtotal disclosed funding
11companies funded
17disclosed rounds
0rounds last 90 days
Most active investors
Zen Capital5 rounds
Avstar4 rounds
Shima Capital3 rounds
Galaxy Ventures2 rounds
Genblock Capital2 rounds
Kilombo2 rounds
Unicorn Ventures2 rounds
X21 Digital2 rounds
Yacht Club Capital2 rounds
2A Ventures1 rounds

Notable founders

Tomas Martunas
Co-Founder · Mars4
Richard Berno
Chief Executive Officer · Mars4
Pijus Aleksandravicius
Co-Founder · Engines of Fury
Petras Nargela
Co-Founder · Engines of Fury
Linas Kiguolis
CEO · Ertha
Ugnius Kiguolis
Founder · Spellfire
Simonas Januskis
CEO · Basketballverse
Rokas Einikis
CEO · The FishVerse
Alexander Mikheev
Co-Founder · GOSU.AI
Šarūnas Ledas
CEO / Game Developer / Co-founder · Tag of Joy
Prism market signals · Lithuania · country-scoped Prism corpus, 100,801 docs

Market landscape — 10 sub-themes by coverage

Share of Gaming coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Lithuania

How research on Gaming Technology is moving in Lithuania

A read on the academic research around Gaming Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1 Lithuania-affiliated papers.

top research entities
  • Kaunas University of Technology1
leading researchers
Edvinas Danevičius · Rytis Maskeliūnas · Robertas Damaševičius · Dawid Połap · Marcin Woźniak
◆ Advancements1 · 100%
0%→0% share
11 median citations0% since 2021mostly methods-led
Advancements are cooling (0%→0% of field), led by Physics engine.
rising sub-themes (early→recent)
  • Physics engine1
  • Cloud computing1
  • Rendering (computer graphics)1
  • Scripting language1
  • Graphics1
Landmark A Soft Body Physics Simulator with Computational Offloading to the Cloud · 11 cites

Common questions

How many Gaming companies are there in Lithuania?
Radar tracks 37 indexable Gaming companies headquartered in Lithuania that meet our profile-completeness bar.
What is the total funding raised by Gaming companies in Lithuania?
The Gaming companies in Lithuania on this list have raised a combined $71.4M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Gaming company in Lithuania?
Game Insight is the highest-funded Gaming company in Lithuania, with $25M in disclosed equity funding.
How many Gaming companies in Lithuania are funded?
11 of the 37 Gaming companies in Lithuania on this list have disclosed at least one equity funding round.
How many Gaming unicorns are there in Lithuania?
None of the Gaming companies in Lithuania on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Lithuania Gaming companies?
The most active investors in Lithuania Gaming companies on this list include Zen Capital, Avstar, Shima Capital, Galaxy Ventures, Genblock Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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