We advised 99math, an Estonian-based startup, on raising USD 2.1 million in order to boost its edtech math gaming platform aimed at making math fun. Expanding to the U.S. After debuting as a beta tool in 2019, 99math grew into a gaming platform for one million kids, or three times the number it had last […]
We are advising Klaasimeister, a leading glass processor in the Baltic Sea region, on the merger with Polar Glass. Big players According to the agreement, the current owner of Klaasimeister, Baltic private equity fund Livonia Partners, will become the majority shareholder while the current owner of Polar Glass, Barrus, continues as the minority shareholder. The […]
We advised Reiterate, the Tallinn-based startup aiming to automate cost and revenue intelligence for transactional businesses, on raising EUR 1.25 million. Wide interest from major market players The investment round was one of the biggest pre-seed rounds in Estonia and was led by Hummingbird Ventures. The round also included a number of notable private investors, […]
We advised FoodDocs, the innovator in the food safety industry, on raising USD 2.4 million to solve food safety compliance issues with the help of Artificial Intelligence. Growing international reach The investment round was led by Bonnier Ventures with Forward Venture Capital and Spring Capital along with existing investor United Angels VC. FoodDocs will use […]
Deals & Cases / Lauri Liivat, Toomas Prangli, Isabella Barbara Tisenhusen, Kätlin Krisak, Piibe Lehtsaar, Monika Tomberg, Britta Retel, Liisa Maria Kuuskmaa, Nele Suurmets, Kristi Tammiku, Rūdolfs Eņģelis, Ieva Dagytė, Tomas Kontautas, Mārtiņš Rudzītis, Private: Karl Joonas Kendla
We are advising Luminor Bank (Luminor), the third-largest provider of financial services in the Baltics, on acquiring 99% of the shares of Maksekeskus (MKK), the leading e-commerce payment service provider in the Baltic region, from Omniva, Inbank, and Olsson & Nielsen Nordic. Strengthening presence in e-commerce The acquisition will strengthen Luminor’s presence in the fast-growing […]
