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

> Source: <https://techfundingnews.com/kilo-health-venture-studio-pivot-zygimantas-surintas/>
> Published: 2026-07-16 11:00:00+00:00

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