LITHUANIA

Ovoko: a Lithuanian startup digitizing the used car parts market

Ovoko, a startup based in Vilnius, Lithuania, is working to transform the European market for used car parts through a digital platform. Founded in 2016 by Justinas Baranovskis, the company recently raised €20 million in a Series B funding round led by U.S. venture capital firm Smash Capital. This investment, the largest for a Lithuanian startup this year, also marks…