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From 100 layoffs to €404M: How Lithuania’s Kilo rebuilt itself as a venture studio using AI

Lithuanian health-tech company Kilo, after laying off 100 employees in 2023, pivoted to a venture studio model and now reports a €404 million valuation by leveraging artificial intelligence.

read1 min views56 publishedJul 16, 2026

In 2023, one of Europe’s fastest-growing companies stopped expanding. After years of rapid growth, this Lithuanian health and…

source & further reading
techfundingnews.com — original article Simile bags $200M at $2B, five months after $100M Series A, to predict what humans will do before AI gets it wrong EOR management in the age of AI From consumer app to enterprise platform: How Meshy is scaling AI-powered 3D creation
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