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Sunly gains European Investment Bank backing
We advised Sunly, a renewable energy producer, on securing a EUR 62 million loan from the European Investment Bank (EIB) and local commercial banks SEB Pank and Luminor Bank. This funding will be used to build and operate a solar park, accelerating the Baltic region’s transition to green energy and strengthening electricity independence. The EIB […]
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An example of strategic partnership
We advised Scope in the divestment of Miss Mary, the leading niche underwear business, to the Czech e-commerce platform enterstore. A journey of growth In 2018, we advised Miss Mary on establishing a partnership with Scope, a private equity fund, and have now come full circle, advising them on Miss Mary’s divestment. This journey exemplifies […]
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Loan comparison platform Sortter obtained credit intermediary licence
We advised the Finnish fintech company Sortter Oy’s Estonian arm, Sortter OÜ, on obtaining a credit intermediary licence in Estonia. Establishing Estonian arm By establishing and licensing its Estonian subsidiary, Sortter extends its well-established loan comparison services to the Estonian market through its local website, sortter.ee. Sortter’s expansion into Estonia is driven by a commitment […]
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Level Up Entertainment acquired a stake in the Estonian iGaming company Sisu Tech
We advised the Malta-based gambling industry investment firm Level Up Entertainment on acquiring an undisclosed stake in the Estonian iGaming company Sisu Tech. The consideration was EUR 9 million. The funding round, which successfully raised EUR 14 million for product development, was led by Level Up Entertainment, whose substantial investment of EUR 9 million strongly […]
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Startup Gearbox Biosciences has raised EUR 380,000
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 […]