We advised Bagfactory, the largest manufacturer of non-woven and paper bags in the Baltics, on attracting investment from private equity fund Livonia Partners.The pan-Baltic fund will acquire 48 % of Bagfactory’s shares. The transaction will be completed after permission is obtained from Lithuania’s Competition Council. Fast growth The new investment will allow Bagfactory to accelerate […]
We advised venture capital fund Open Circle Capital on investing in the AI technology startup Perfection42. In the early-stage funding round, the Lithuanian startup raised more than EUR 1 million. In this round, other investors in the company were the venture capital fund CoInvest Capital, the LitBAN business angel syndicate and private investors. Since its […]
We advised venture capital fund Vsquared Ventures on investing in the biotech startup Droplet Genomics. In the late seed funding round, the startup, which from now on will be known by the name Atrandi Biosciences, raised EUR 4.5 million. Among other investors in the company in this round were the venture capital fund Practica Capital […]
We advised MM prekyba, operating under the brand name Macadamia Nut Farm, on attracting an investment. The wholesale and retail company MM prekyba successfully attracted investment, sold 34% of the shares in the company to the investor, Baltijos biotechnologijos, and came to an agreement with the investor on company financing. Macadamia Nut Farm owns macadamia […]
We advised biotech laser startup Oxipit on attracting EUR 3.5 million in investment from the Taiwanese venture capital company Taiwania Capital. This is the second investment in a Lithuanian company from this USD 200 million fund dedicated to Taiwanese investment in Central and Eastern Europe. Creating AI solutions for radiology “Last year, we received regulatory […]