We advised an Estonian deep tech company, Gearbox Biosciences, on raising EUR 380,000. The investment round was led by Specialist VC and UniTartu Ventures. With the funding secured, the company plans to further develop their protein production technology so that customers can use it in small-scale production. Novel antibiotic-free protein production Gearbox Biosciences, a startup […]
We represented the international logistics platform MyDello in raising EUR 1.25 million. The investment will empower the platform’s expansion efforts, strengthening its presence in the Baltic States and Sweden while venturing into new markets in Finland and the Netherlands. The funding was raised in a seed round with Superhero Capital leading and other investors, including […]
We advised Estonian-based biotechnology startup ÄIO on securing funding to develop an innovation centre to revolutionise the food, cosmetic and chemical industries with a low carbon approach to oil and fat production. Innovative and sustainable ÄIO, a pioneer in sustainable fat and oil production through fermentation, is set to revolutionise the food, cosmetic, and chemical […]
Deals & Cases / Mirell Prosa, Toomas Prangli, Paul Künnap, Kaspar Endrikson, Hetti Lump-Kivisaari, Pirkko-Liis Harkmaa, Britta Retel, Sandra Mikli, Olivia Kranich, Kadri Puu, Elina Lumiste, Lee Raudsepp, Kevin Piho
We advised Energiasalv on acquiring EUR 11 million in additional financing for its EU Project of Common Interest (PCI project), the “Zero Terrain Paldiski” Pumped Hydro Energy Storage (PHS) plant in Estonia. Strengthening the financial position The funding includes strategic investments from Alexela, Sunly, Combiwood Grupp, Warmeston, and Kiikri Kodu. The financing aims to expedite […]
We are advising Sunly, an independent power producer, on raising EUR 30 million from the European Bank for Reconstruction and Development (EBRD). Increasing energy security As a result of the equity investment, the bank acquires a 5% minority stake in Sunly. The investment of the EBRD will enable Sunly to expand its renewable energy capacity […]
